How to Place a Trade With Zentrader
Zentrader was started with the goal of making trading financial markets simple and straightforward. We created a trading platform that is accessible for new traders but also has the functionality required by more experienced traders.
Clean and uncluttered, the trading interface allows for quick execution in fast moving markets. Zentrader also offers some of the highest payouts available of up to 195% in as little as 30 seconds.
Account activation is a once off process and when completed you can freely deposit and withdraw to and from your Zentrader account.
After you have funded your account, we move on to placing your first trade.
Step 1: Select an Asset
The first step is to select the asset in which you want to trade. Zentrader offers a wide variety of currencies, commodities, single stocks and indices to choose from.
Just choose from the asset selector box.
For this example we will select the US Dollar/Japanese Yen (USD/JPY) currency pair.
Some assets are subject to the opening and closing hours of their respective market and may not always be available. For example, the Nikkei stock index is only available during Japanese market hours.
For complete availability please see the Trading Schedule.
Step 2: Choose Time Frame and Investment Amount
Next we choose the duration of the trade and investment amount. Zentrader offers timeframes from as little as 30 seconds up to 4 hours over 2 different option types. We compared the difference between Classic and On Demand options in this previous blog post.
For this example we will be selecting a 60 second timeframe. As this is an On Demand type option, the time countdown will begin when we enter the trade.
Step 3: Decide on Direction
We then choose the direction of the trade, predicting whether the price of the chosen asset will close higher or lower by the end of the timeframe.
A final trade confirmation box will appear when HIGH or LOW is clicked.
When “one click trading” is enabled, your trade will immediately execute when the HIGH or LOW buttons are clicked.
Trade Expiry and Closure
At the end of the chosen timeframe your positions will be automatically closed. Payouts on any winning trades will be credited to your account balance.
Zentrader also offers the ability to close trades early for a partial payout. You are able to see this early payout amount in advance by clicking the Cancel/Close button next to the respective open trade. If you accept the closing payout, you then click Cancel/Close again to close the trade.
In this instance, as the time remaining is below the no-trade-time of 120 seconds, the early close option is no longer available.
If you are looking for further information, we have a number of other great resources to get you started.
Click here to open your Zentrader account. Registration takes just one minute and you can be up and trading today!
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