Quickly switch between brokers
Connect and trade through more than one broker at the same time and easily switch between them. All information about a particular broker is stored in a profile. Just click through the tabs and select the one you need to start trading. Simply pick which order to submit, enter the symbol and type in the price – or use a convenient Price Locator to save time. You can also select the order type and how long the order will be active. For technical information on this feature look at the related Wiki page.
Accessible from anywhere
The Trade Bar is accessible from anywhere in the platform and it is never obscured by other windows or charts. Orders can be entered quickly at any time and from any point.
Choosing Order Type
Pick from market, limit, stop and stop limit orders by simply choosing one from the drop-down menu. Only relevant controls for that order type appear which makes the screen cleaner and easier to navigate.
Setting Order Quantity
Enter the number of contracts by hand or use a convenient calculator tool. The calculator automatically stores the last amounts used and allows quickly picking them from a menu. It is also easy to add a certain number of contracts to the amount already owned.
This tool is very convenient when selecting prices a couple of pips around the current price without having to calculate them beforehand. It continuously streams last price along with current ask and bid prices. Price Locator shows the current price over a green background; click it to see an interactive menu with prices close to the current one.
Some brokers support a group of accounts and Financial Advisor accounts like Interactive Brokers. All available accounts are automatically listed in the Accounts drop-down list. Simply click on it and choose the account you want to trade.
Time in Force
How long is an order to remain active? There are several options - DAY (good for the rest of the day), GTC (good till cancelled), GTD (good till date), IOC (instant or cancel). Please note that these options are not always enabled, it depends on the order being placed. Please note that not all brokers support all of these options.