How to Open a CFD Trade in Libertex
To start trading CFDs in Libertex, select an underlying asset. We will take a currency CFD pair EUR/USD as an example.
Analyze the chart to determine whether the price will go up or down.
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Rotate your smartphone to enable full screen mode.
Trend is your friend, and you can identify it using a chart. Once you have figured out the direction of the price, rotate your smartphone back and open a Buy or Sell trade.
- Select your trade amount.
- To open your trading position, click on Buy or Sell
- You can monitor your results in the Active Trades section.
- To lock in your potential profit/losses, close your trade. You will see the results in your trading account.
Now you know how to open a trade in Libertex.
In the next lesson, you will learn about multiplier and how you can use it.