SaxoTrader Quick Start Guide

Transcription

1 SaxoTrader Quick Start Guide

2 Saxo Capital Markets presents SaxoTrader, one of the most intuitive and complete multiproduct online trading platforms in the market. Key benefits include a fully personalised trading environment, extensive market analysis, streaming news service, excellent liquidity and fast execution with one-click trading. Featuring a highly secure environment and a massive choice of trading modules, SaxoTrader helps you make successful trading decisions with real-time execution. Simply follow this easy step-by-step guide and start trading in no time at all. Is your computer and internet connection good enough? System recommendations: CPU: Pentium 4, 2.5 GHz or faster Free hard disk space: 200 MB Modem/internet connection: 256 kbps or faster Screen resolution: 1280 x 1024, true colour (24 bit) colours RAM: 2 GB (at least 2 GB if you are running Microsoft Windows Vista, as Windows Vista alone needs 1 GB)

3 1. GETTING STARTED, SELECTING YOUR WORKSPACE To start, enter your User ID and Password in the log in screen. 1. Choose Workspace: Click File on the top menu bar, select Workspace, choose Blank Workspace or New to start. 2. New Workspace is a menu of pre-set templates for your selection. 3. Blank Workspace allows you to customise your workspace according to your preference. Trading is disabled by default as a safety feature. 1. To enable it, click on Enable Trading. 2. Disable Trading now appears and this means that Trading has been enabled. To disable trading, click on Disable Trading. Click on Trade Settings to adjust various features including changing between single-click and 2-click trading which allows you to confirm trades and orders. If 2-click trading is disabled, a single click would be sufficient to make trades and to place orders. Note: To receive live prices on Stocks, CFDs or Futures, please subscribe to live prices for the relevant exchanges by clicking on the Account menu, followed by Managed Subscriptions.

4 2. ADD YOUR PREFERRED PRODUCTS The most efficient way to add products is via Instrument Explorer 1. Click Trading on the top menu bar, select Watchlists to open the Watchlists panel. 2. Click Trading, select Instrument Explorer to search for products. 3. Type full name of the product under the Look for box. 4. Click on the plus (+) sign to expand the product list. 5. To view prices of a product, drag the selected product and drop it into Watchlists panel. 6. Click on the icon next to Add Instrument to view products in Trade Board view; click the icon again to view products as Price List. Tip: Click on this icon to hide the window.

5 3. CUSTOMISE YOUR PRODUCT FIELDS The most efficient way to add products is via Instrument Explorer 1. Right click on the header panel of Watchlist panel. 2. To edit visible columns for your Watchlists, click Choose Columns and Grouping. Tip: You can add and delete fields on the Choose Columns and Grouping window to customise the Prices Watchlist panel. 4. NEWS AND ECONOMIC CALENDAR AT A GLANCE To view the economic calendar and news 1. Click News and Research from the top menu bar, select News, Financial Calendar or Economic Calendar. 3. Sort Economic Calendar by country, by date and/or by key economic announcements. 2. Sort News by countries and/or by news providers. 4. View more information about each event from Financial Calendar.

6 5. ADD CHARTS 1. Click Trading from top menu bar, select New Chart. 2. The chart displayed by default is always EURUSD. 3. Select instrument from Watchlist panel (e.g. Apple Inc), drag and drop instrument onto chart space; the price chart for Apple Inc pops up. 4. Re-scale price line: Click on chart line, you can shift the chart line freely. 5. Customise chart scale: Click on either the x-axis or y-axis to drag in/out the chart scale. 6. MONITOR TRADING CONDITIONS To view Trading Conditions: 1. Trading Conditions show the costs and trading conditions per asset class. 2. Click Account, select Trading Conditions. 3. To view trading conditions, select list type by Product Class: a. for FX, select by Currency pair; b. for Futures, select by Contract; c. for Stocks, view by Stock Exchange.

7 7. PLACE YOUR ORDERS 1. Click on Trading on the top menu bar. If your platform is in Disable Trading mode, skip to Step 2. Otherwise, click Enable Trading to enable trade. 2. On Watchlist panel, right click on the instrument you wish to trade and select Trade Ticket. 3. A Trade Ticket pops up. 4. Make the necessary changes and confirm them before clicking on Place Order(s). Tip: You can place related orders by checking the Limit and/or Stop boxes.

8 8. CHANGE AND EDIT YOUR ORDERS To change and edit your orders 1. Click Trading, select Open Orders. 2. To change or cancel an order, click on an order followed by Change Order or Cancel Order. Be sure to confirm any changes or cancellations.

9 9. MANAGE YOUR ACCOUNT 1. Click Account, select Summary. 2. Under Open Positions, you can manage your positions. On Open Positions, click on the (+) sign to expand selection: to Close position, Place a limit order or Place a stop order. 3. Withdrawl Cash For Live Clients: To withdraw cash, click on Account tab, followed by withdraw cash.

10 10. NEED ASSISTANCE? To access the Help Function 1. Click Help. 2. Under Help, you can also select Contents, or index. 3. To contact us, click Help, select Contact Us.

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12 Level 25, 2 Park St Sydney NSW 2000 Saxo Capital Markets (Australia) Pty Ltd (ABN ) (AFSL ) Please refer to our Combined Financial Services Guide & Product Disclosure Statement available via Please also consider whether acquiring or continuing to hold these products is suitable for you, prior to opening an account. Trading in financial products carries a significant and increased level of risk and is not suitable for all investors, please seek expert advice. Dealing in products that are highly leveraged carries significantly greater risk than non-geared investments and you could lose as well as gain large amounts of money, and sustain losses in excess of the monies you initially deposited to maintain any positions in leveraged products. The information displayed in this Quick Start Guide is general in nature and for educational purposes only. Saxo Capital Markets does not take into account your financial situation, needs or objectives or constitutes an offer to buy or sell a financial instrument.