Trading Modes on Trading Station Web Video - FXCM

Trading Modes

With Trading Station, you can determine how you want to place trades: click-and-confirm, one-click or double-click. We show you how to set your trading modes.

Trading Station Web has three trading modes: click-and-confirm, one-click and double-click. Click-and-confirm is the default trading mode. It gives traders the most control over an order's parameters, and it's the safest way to create an order. With click-and-confirm, you're always given the option to confirm the order details before the order is submitted. If something needs to change, you can change it.

One-click, on the other hand, is designed for fast order entry. If you need stops and limits, you specify those parameters in advance, and then you also specify your trade size in advance too. Then, when you're ready to place a trade, you just click the buy or sell button and the trade is submitted. This is an especially nice trading mode for scalpers and news traders who rely on quick order placement.

Finally, double-click gives you a balance between click-and-confirm and one-click. Like one-click, you still specify your stops, limits and trade size in advance, but for an added level of safety you have to double click the buy or sell button to enter a trade. This gives traders a speedy way to enter their trades but keeps them from unintentionally opening one with an accidental click of the mouse.

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