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Trading Concepts
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Trading Concepts
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So how does gnuTrade fit in?

So how does gnuTrade fit in?


gnuTrade is a completely online service which allows you to trade the financial markets directly, without using brokers and without paying transaction fees or commissions. The financial instruments that you can trade through gnuTrade are the most commonly traded in the world: the FTSE 100, CAC 40, ESTOXX 50, DAX, HSI, NIKKEI, EURO, YEN, GBP, GOLD, OIL, BOND 30, BUND 10, DOW, NASDAQ, S&P. if you want a more detailed explanation of these markets click here.

With gnuTrade, each financial instrument is represented as a sphere, and has a 'buy' (offer) price and a 'sell' (bid) price which you can use to place market orders to buy or sell. The live prices are displayed in real time, and are constantly updated throughout the day when the markets are open.

When you place a ‘Per Point’ trade with gnuTrade and adjust your ‘Stop loss’ level, this is the equivalent of placing a market order with a stop order. You can close your trade at any time before the end of the instrument’s trading day, or choose to carry the trade over to the next day. As your open trade progresses you can change the stop order price by adjusting the ‘Stop loss’ line on the sphere. Detailed information on the types of trade you can place through gnuTrade can be found in the 'How to use gnuTrade ' section of the Learning Centre.

gnuTrade helps you keep up to date with the latest news of the day, through the ‘News’ section, on the main Trader screen. The Trader Forums and Chat rooms are other areas where you can gather information, and these also let you exchange opinions and trading ideas with other members.

If you are new to trading and unfamiliar with trading terminology, gnuTrade lets you trade the live markets with play money. This will help build your knowledge and trading experience, and help you feel more comfortable about using your own money.

Take me to Module 3 - Risk Management >>