Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.4% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Tuesday Apr 18 2023 09:25
3 min
Here, we’re going to go through how to open and close a trade on your markets.com trading app.
On the home page of the app, use the search bar to locate the asset that you want to trade, then tap it to open the next page.
Input your chosen trade size, and establish that you’re happy with the required margin. Add a ‘stop loss’ or ‘take profits’ figure if you want to at this point.
Then, choose whether you want to go long (the ‘buyer’ option) or short (the ‘seller’) option.
Once you’re happy, press the ‘buy’ button at the bottom of the screen, and this will execute your trade.
You’ll be able to see all of your current open trades by clicking the ‘portfolio’ menu at the bottom centre of the main app screen
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Now, let’s go through how to close a trade:
When you open the portfolio, tap on the trade that you wish to close.
You should see a red ‘X’ appear in the top right of the screen. Tap it.
A new tab should open at the bottom of the screen. Here, you’ve got two options:
And that’s it. This is how you open and close trades within the markets.com app.
Remember, if you have any questions about using our app, you can always get in touch with our friendly customer support team at support@markets.com.
Happy trading!
The markets.com team.
Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.
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