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At all times trader may execute a new trade where it is made possible for the trader to choose between three variations of existing Order Types:
1. Market Order
2. Entry Stop Order
3. Entry Limit Order
NEW ORDER SCREEN  Market OrderExecutes the trade at the current market price In order to execute the trade, please perform the following: - In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Place Order with your selection wheel. You will be automatically rerouted to the New Order screen
RATES SCREEN
- Once selected, you will be prompted to choose the trading action from the New Order screen.
- Scroll to preferred action.
- Using the phone selection key press Select to confirm this action
- Scroll to the required type of Order.
- Press Select to confirm this action
MARKET ORDER SCREEN - Once confirmed you will be redirected to the Market Order screen
Displayed Fields:| Buy / Sell: | specifies Instrument’s trading actions
| | Base Instrument: | account base currency | | Price: | current price | | Account: | number of the account
| | Lot: | traders enter the number of lots / mini lots | | Trader Range: | trader's range |
- Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key
- Select the trading account with which this order should be associated
- Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots required is 1
- When required fields are filled in press OK to confirm
- When confirmed the program will take you back to the Rates screen
- You may view this trade in the Positions screen of Thunder Mobile Trading System
Entry Limit Orders This type of orders usually aims at future opening positions when the market price reaches the level higher than the current market price. NOTE: Both Entry Stop/ Entry Limit Orders are executed only when the market value of an Instrument (Currency) reaches the predefined by the trader financial level.In order to execute the trade, please perform the following: - In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Select or your phone middle selection key
- You will be automatically rerouted to the New Order screen
RATES SCREEN
- Once selected, you will be prompted to choose the trading action from the New Order screen: Buy or Sell this particular currency
- Scroll to preferred action (in this case Sell)
- Press Select to confirm this action
- Scroll to the required type of Order (in this case Entry Limit Order)
- Press Select to confirm this action
ENTRY LIMIT ORDER SCREEN - Once confirmed you will be redirected to the Entry Limit Order screen
Displayed Fields:| Buy / Sell: | specifies Instrument’s trading actions
| | Base Instrument: | account base currency | | Account: | number of the account
| Your Price:
| enter price
| | Lot: | traders enter the number of lots / mini lots |
- Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key
- Select the trading account with which this order should be associated
- Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots required is 1
- Using the 4-way navigation keys scroll down to the Price field, enter by pressing the middle selection key and set the numbers you think fit best.
- Once required fields are filled in press OK function to confirm this action
ENTRY LIMIT ORDER SCREEN
- When confirmed the program will take you back to the Rates screen
- You may view this trade in the Orders screen of Thunder Mobile Trading System
Entry Stop Orders This type of orders usually aims at future opening positions when the market price reaches the level, lower than the current market price. NOTE: Both Entry Stop/ Entry Limit Orders are executed only when the market value of an Instrument (Currency) reaches the predefined by the trader financial level.In order to execute the trade, please perform the following: - In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Select or your phone middle selection key
- You will be automatically rerouted to the New Order screen
RATES SCREEN
 - Once selected, you will be prompted to choose the trading action from the New Order screen: Buy or Sell this particular currency
- Scroll to preferred action (in this case Sell)
- Press Select function to confirm this action
- Once the type of trading action is selected (Buy / Sell) you will be prompted to select an Order Type as well from the Order Type screen
- Scroll to the required type of Order (in this case Entry Stop Order)
- Press Select to confirm this action
ENTRY STOP ORDER SCREEN - Once confirmed you will be redirected to the Entry Stop Order screen
There are several displayed fields:| Buy / Sell: | specifies Instrument’s trading actions
| | Account: | list of accounts with which this order should be associated | | Base: | account base currency | | Lot: | traders enter the number of lots / mini lots | | Your Rate: | your new price must be higher than or equal to the current price |
- Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key
- Select the trading account with which this order should be associated
- Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots required is 1
- Using the 4-way navigation keys scroll down to the Price field, enter by pressing the middle selection key and set the numbers you think fit best.
- Once required fields are filled in press OK function to confirm this action
ENTRY STOP ORDER SCREEN - When confirmed the program will take you back to the Rates screen
- You may view this trade in the Orders screen of Thunder Mobile Trading System
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