Demo Trading Manual

This manual introduces the trading methods and features of Demo Trading, including selecting currency pairs, leverage, and various other functions.

 

The three main features offered by Demo Trading

We have established an easy-to-use and trade-friendly environment for all users, and we plan to continue improving and enhancing its functions.

1. Setting Currency Pairs

At the bottom of the "Markets" section on the left side of the screen, you will find items labeled Pair, Price, and Change. You can select the currency pair you want to trade. When you select a currency pair, the graph (TradingView) in the center will automatically change according to the chosen pair.

 

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2. Graph (TradingView) and Entry, Position Details

By introducing TradingView, a popular service among traders worldwide, to MetaxPro, we have created a more user-friendly trading environment. Below the graph, we have summarized key trading terms, so please refer to them.

-- Open Order ---

• Created Time: The time you entered the trade.
• Symbol: The currency pair you traded.
• Direction: The direction you entered (Buy or Sell).
• Leverage: You can select leverage based on your margin (5x, 10x, 20x, 50x, 100x).
• Margin: Your own funds used for trading.
• Entry Price: The price of the currency when you entered.
• Take Profit (TP): You can set a target price for taking profits before entering the trade.
• Stop Loss (SL): You can set a price for cutting losses before entering the trade.
• Unrealized PnL: The current profit or loss.
• Unrealized PnL Ratio: The percentage of ～is displayed.
• Operation:
  • Close: Close your current position.
  • Partial Liquidation: Partially settle your position.
  • Add Margin: Add more margin to your position.
  • Reverse Open: Place a reverse stop order.

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3. Detailed Trading Conditions and Actual Entry

Let’s walk through the process of trading, showing where each button is and how to manage positions.

　　　　　　　　　　　　

Procedure ①　　　　　　　　　　

BUY or SELL positions: Choose the position you want to take from the red-bordered section.　　　　　　　　　　　　　　　　　

　

Procedure ②

Decide whether to place a market order (MARKET ORDER) or a conditional order (CONDITIONAL ORDER).

※Market Order：An order placed without specifying a price.

※Conditional Order：An order placed with predefined execution conditions.

Procedure ③

Leverage：Refers to borrowing funds to increase returns on your own capital. Choose leverage wisely based on your margin.

※In MetaxPro, you can choose leverage between 5x and 100x based on your margin.

Procedure ④

Set the margin amount here, and the higher the margin, the greater the risk.

※You can set your margin by inputting the amount or adjusting the blue bar below.

Procedure ⑤

You may need to adjust the TP (Take Profit) position based on your analysis using candlestick charts.

You can decide at what percentage of profit to take profits based on your margin.

It’s also possible to input specific values.

※You need to adjust the TP (Take Profit) position depending on the time frame analyzed using candlestick charts.

Procedure ⑥

SL (Stop Loss) can also be adjusted based on candlestick analysis. Set your stop loss at the desired percentage or input specific values.

※You need to adjust the SL (Stop Loss) position depending on the time frame analyzed using candlestick charts.

※An RR ratio of 1:2 or higher is generally preferred.(RR stands for Risk to Reward ratio)

Procedure ⑦

Review the settings from ① to ⑤, and press the red-bordered section to start trading.

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Final Step

After step ⑦, the left screen will display a final confirmation. Check the details and press OK.

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Once the display appears under TRADINGVIEW, your entry is complete, and you have successfully opened a position.

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MetaxPro to all users

Trading cryptocurrencies for the first time can be nerve-wracking, but by having a solid understanding of the market along with possible risks, managing your funds, and maintaining mental stability, you can steadily build your assets. If you are unsure about trading with your own funds, we recommend that you gain experience in demo trading and test your strategies. Once you feel confident, you can graduate from demo trading and enjoy real trading!

Please ensure that you conduct your own due diligence and have a complete understanding of the risks involved before making any investment decisions.

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