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Trade Terminal

Trade Terminal

The Trade Terminal is a feature-rich professional trade execution and analysis tool. It offers precision trading, automated scaling out from positions, templates for frequently used order entries, and analysis of open positions.

Deal ticket

Its deal ticket has the following key features:

  • Simple fields for setting stop-loss, take-profit and trailing stop in pips
  • Pop-up calculators, e.g. for working out the lot size which corresponds to a cash risk given a particular s/l distance
  • Open-position marker, providing access to options for quickly closing, reversing, or hedging the position in a symbol
  • Pop-up dealing form for creating pending orders as well as market orders
  • Ability to create templates for quick order entry
  • Displays key symbol information (pip size, value per pip etc)

In other words, the Trade Terminal allows one-click entry for simple market orders, and two-click entry for potentially-complex pre-defined templates. These templates can also be saved and used in the Mini Terminal and Market Manager tools.

Account metrics

 

 

The Trade Terminal gives an overview of current account metrics such as equity and margin usage, with simple facilities for setting up alerts on these figures - e.g. a warning if margin usage exceeds 10%. (For specialised alarm management, including the ability to carry out automated actions, please see the Alarm Manager).

Position and order lists

 

 

The Trade Terminal also displays a list of all open positions and pending orders, with quick and simple facilities for carrying out actions such as the following:

  • Close all positions
  • Close all losing positions
  • Close a specific position
  • Do a partial close
  • Change the s/l, t/p, or t/s on a position or pending order

 

 

The trader can select multiple orders from the list and then carry out actions on all of them at once. For example, the user can select all their losing positions, and then set a break-even take-profit on those positions using only two mouse clicks.

Rules for scaling out of positions

 

 

The Trade Terminal also lets the trader define rules for scaling out of positions, and these rules are then applied automatically without further manual involvement. An example of such rules is as follows:

  • When a position reaches 20 pips profit, close half of it and move the s/l to break-even
  • When a position reaches 30 pips profit, close another 25% and move the s/l to +10 pips
  • Close the remainder of the position when its profit reaches 40 pips

Like order entry, these rules can be saved as templates, and quickly applied to new positions in future with a couple of mouse clicks

Position analysis

 

 

The Trade Terminal provides a number of options for analysing open positions. Positions can be grouped into categories, e.g. by symbol, or direction, or the combination of symbol and direction. The trader can see the total profit etc. for each category, and can carry out actions on all the positions which fall into a category, e.g. setting a 30-pip stop on all AUD/USD buy orders.

Click here to download the user guide: BlackPearlFX – Trade Terminal.pdf

REGULATION AND LICENCING

CFDs and Spot FX are leveraged products and carry a high degree of risk to your capital. It is possible to lose more than your initial investment so only speculate with money you can afford to lose. CFDs and Spot FX may not be suitable for all investors so please ensure you fully understand the risks involved, seeking independent advice if necessary. 

BlackPearlFX is a trading name of Black Pearl Securities Limited (Company number 08823678). Black Pearl Securities Limited is authorized and regulated by the Financial Conduct Authority, Financial Services Register Number 688456. Registered office address: 23 Austin Friars, London, EC2N 2QP. United Kingdom

Relationships listed throughout the website may be directly or indirectly established with Black Pearl Securities Limited or its trading name BlackPearlFX. The Entities listed include custodian banks, clearing partners, liquidity providers, technology providers, news & market data vendors, among others. Names and Logos of listed entities are the property of their respective owners. 

BlackPearlFX’s Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Authorised Payment Institution (Financial Services Register No. 522933).

The information on this site is not directed at residents of the United States, Japan, Afghanistan, Algeria, Angola, Bosnia and Herzegovina, Cuba,Guyana, Iran, Iraq, Lao PDR, Myanmar, North Korea, Papua New Guinea, Sudan, Syria, Uganda, Yemen or any particular country outside the United Kingdom and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law and regulation.

www.blackpearlfx.com is owned and operated by Black Pearl Securities Ltd.

Website Terms and Conditions | Risk Warning Notice | Customer Terms and Conditions

REGULATION AND LICENCING

CFDs and Spot FX are leveraged products and carry a high degree of risk to your capital. It is possible to lose more than your initial investment so only speculate with money you can afford to lose. CFDs and Spot FX may not be suitable for all investors so please ensure you fully understand the risks involved, seeking independent advice if necessary. 

BlackPearlFX is a trading name of Black Pearl Securities Limited (Company number 08823678). Black Pearl Securities Limited is authorized and regulated by the Financial Conduct Authority, Financial Services Register Number 688456. Registered office address: 36 Whitefriars Street, London, EC4Y 8BQ. United Kingdom

Relationships listed throughout the website may be directly or indirectly established with Black Pearl Securities Limited or its trading name BlackPearlFX. The Entities listed include custodian banks, clearing partners, liquidity providers, technology providers, news & market data vendors, among others. Names and Logos of listed entities are the property of their respective owners. 

BlackPearlEX’s Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Authorised Payment Institution (Financial Services Register No. 522933).

The information on this site is not directed at residents of the United States, Japan, Afghanistan, Algeria, Angola, Bosnia and Herzegovina, Cuba,Guyana, Iran, Iraq, Lao PDR, Myanmar, North Korea, Papua New Guinea, Sudan, Syria, Uganda, Yemen or any particular country outside the United Kingdom and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law and regulation.

www.blackpearlfx.com is owned and operated by Black Pearl Securities Ltd.

Website Terms and Conditions | Risk Warning Notice | Customer Terms and Conditions