One-click trading and preconfiguring stop loss and take profit parameters (Webtrader)

Enabling One-click trading

There are two modes for placing an order: the default multi-step mode and the One-click trading mode. In multi-step mode you can specify multiple attributes of the order (such as order type, lot size, stop loss price etc.) before executing the order. In One-click trading mode, you click on a buy or ask price and an at-market order is executed immediately based on a contract or lot size you have previously specified as your default value. This mode is recommended only for experienced traders.

One-click trading can be enabled only after accepting a specific set of terms and conditions.

Enabling (or disabling) One-click trading on the Pepperstone app does not automatically enable (or disable) it on the Pepperstone mobile app.

Note that ‘One-click trading’ is a general term referring to a simplified way of placing a trade. In some situations it may require more than one click.

Note: In this procedure, the word ‘click’ refers to either a click or a tap.

1. With Webtrader open, drag the One-click trading slider to the right (to enable one-click trading) or to the left (to disable it). The slider is near the top left of the window.

2. To enable one-click trading:

a. Read the disclaimer and the terms and conditions.

b. Tap Activate.

3. To disable one-click trading, click Deactivate on the One-click trading message.

Preconfiguring stop loss and take profit parameters

You should preconfigure stop loss and take profit parameters (and lot size) if you intend to engage in One-click trading. You can also preconfigure stop loss and take profit parameters for standard trading. The parameters you set become changeable defaults when you go to place a trade.

Note: In this procedure, the word ‘click’ refers to either a click or a tap.

1. Open a watchlist that includes the instrument you want to preconfigure stop loss and take profit parameters for.

2. Right-click (or press and hold) on the instrument and choose Pre-config SL/TP from the menu that appears. A window appears for you to enter the defaults:

3. Select Stop Loss and/or Take Profit.

4. Select or enter the number of pips.

5. Click Apply.