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The Next Generation platform provides fast, 100% automated execution, complemented by multiple order types, which provide flexibility on how you enter trades and give you more control over your risk management.
Our range of order types allow flexible order placement, and our risk management tools are customisable and easy to use. You can set default stop-loss and take-profit orders to manage risk on every trade.
For a premium our GSLOs give you 100% certainty that your stop loss will be executed at the exact price you want, regardless of market volatility or gapping. The 'Premium' will be refunded in full is the guaranteed stop-loss order is not triggered.
Use market orders to open or close trades at the current market price. Our automated execution means market orders get filled at the next available price.
Limit orders and stop-entry orders are used to enter a trade at a specific price above or below the current market price, and within a set time period.
It's possible to close only a portion of existing trades. For example, if you have four CFD trades of 2 units each on the UK 100, you can choose to close out one part (2 units) leaving the other three trades in place.
Stop-loss orders allow you to specify a price at which a position will be closed out by the platform, if the market moves against you.
A trailing stop-loss will follow a price as it moves favourably for you, remaining at the distance specified when the order was placed.
Take profit orders are used to set a predetermined target level at which you would like the platform to close a trade and secure the profit from that trade.
The platform includes an array of advanced order features that allow for even greater control, flexibility and customisation when it comes to orders and trade execution.
Open, close and amend orders directly from charts and view levels against historical price action. Once a position has been opened, just click the triangular trade entry icon on the chart and drag stop-loss and take-profit levels to change them. '1-click trading' allows you to place trades immediately by clicking on any streaming buy or sell price. Your usual default risk management and order settings will automatically be applied.
Control slippage in volatile markets by specifying a boundary price range in the order ticket. If the price at execution is outside this range, then the order will be rejected. Available on market and stop entry orders.
Our price ladder displays prices for trades that are larger than what's available at the first bid and offer price. It lets you enter trades which you otherwise wouldn't be able to enter, with just one order, but with a wider spread. Our automated trade execution ensures that positions up to our maximum trade size will always be executed.
With account netting disabled (via 'Account Settings'), it's possible to place long and short trades on the same product at the same time.
If a trade is in profit, you can use this unrealised profit to open new trades, thus taking advantage of other opportunities without having to close profitable trades.
Set default order preferences for all or specific products. You can turn off pre-order confirmations and set last trade size, stop losses and take profits as default.
When you manually roll a forward to the next contract, you enter the new trade at the mid-price and save 50% on the spread cost. You can also set forward settlement behaviour to 'Auto Roll-Over' to have this rule applied to all of your forward positions.
Set up our alerts system to notify you when important price levels are breached or when your pending orders are triggered. Receive platform pop-ups and have alerts emailed to you or pushed to your mobile device.
Get trade execution alerts, including mobile push notifications, when pending orders (such as stop entry, limit, stop-loss or take-profit orders) are executed in your account.
To complement execution alerts, we also offer price alerts. These enable you to receive notifications when the price of a product you're interested in reaches a significant level specified by you, such as a major support or resistance level.
You can choose the account close-out method used by the platform to automatically close out your trades if your account revaluation amount* falls below your close-out level. Change the close-out method in 'Account Settings' on the platform.
This is the default setting whereby all trades on your account are closed out**.
This option will start by closing your most recent trade first, or a portion of it. Then the next most recent trade will be reduced or closed if necessary, and so on.
This option will start by closing the position showing the largest unrealised loss first, or portions of it, on a first in, first out basis.
This option will first close the position with the largest position margin, or portions of it on a first in, first out basis.
*Cash + net unrealised profit or loss.
**Each of the account close-out methodologies is applied to the CMC products that are within their applicable trading hours and where trading is not otherwise suspended. After any initial account close-out, as and when the trading hours for any remaining positions on your account recommence and/or remaining positions on your account cease to be suspended, one or more subsequent account close-outs may be carried out.
Trades relating to the same CMC product may be aggregated by our platform during an account close-out, in which case each relevant trade will be closed at the relevant sell price or buy price on the price ladder, applicable to a market order for the aggregated number of units.
Each initial alternative close-out or subsequent alternative close-out will attempt to increase your account revaluation amount above the reset level. (The reset level is a percentage of your total margin displayed on the platform at any given time.) If following the completion of any initial alternative close-out or subsequent alternative close-out your account revaluation amount increases above the close-out level, then the alternative account close-out will stop