What trading platform does Pivex use?

Pivex uses MatchTrader, a state-of-the-art trading platform specifically designed to provide a smooth and user-friendly experience for traders. With real-time market data and a simulated environment, it allows you to practice and refine your trading strategies without any financial risk. Whether you’re a beginner or an experienced trader, MatchTrader is designed to offer maximum flexibility, performance, and ease of use.

Features of MatchTrader:

Clean and Intuitive Interface: MatchTrader is designed with simplicity and clarity in mind. The layout is straightforward, with all essential trading tools and data easily accessible. You won’t have to waste time searching for features – everything is neatly organized and optimized for your convenience.

Example: When you log into your MatchTrader account, you’ll immediately see the trading chart on the left, your order book on the right, and your account balance and position details at the top, giving you all the essential information in one place.

Real-Time Market Data: The platform connects directly to global financial markets, ensuring that the market data you see is live and accurate. This allows you to make informed trading decisions based on current price movements and market conditions.

Example: As soon as you open a trade on MatchTrader, you’ll see the real-time prices of your chosen instrument (whether it’s EUR/USD, BTC/USD, or any other asset) updating every second. This ensures that you’re always in sync with market movements.

Customizable Charts: MatchTrader offers advanced charting tools powered by TradingView, one of the leading charting platforms used by traders worldwide. You can easily customize your charts with different timeframes, indicators, and drawing tools to suit your strategy.

Example: Click on the chart settings icon (typically a gear icon next to your chart window) to customize your chart. You can choose from a variety of chart types (candlestick, line, bar), adjust time intervals (1-minute, 5-minute, hourly), and add technical indicators like RSI, moving averages, or MACD to assist with your analysis.

Fast and Efficient Trade Execution: MatchTrader is optimized for lightning-fast order execution. Whether you’re placing a market order or a limit order, your trades will be executed swiftly, reducing the risk of slippage.

Example: To place a market order, simply click on the Buy or Sell button located in the trade panel, select the instrument you wish to trade, and confirm your position. The order will be executed immediately at the best available market price.

Risk Management Tools: The platform also comes equipped with essential risk management tools, such as stop-loss orders and take-profit orders, that help you manage your trades more effectively.

Example: After entering a trade, set your stop-loss and take-profit orders by clicking on the “Set Stop-Loss/Take-Profit” button in the order panel. These features ensure that your positions are automatically closed when they reach a certain loss or profit level.

How to Use MatchTrader:

Logging In: After purchasing your Trading Challenge, you will receive login credentials. Simply visit the MatchTrader login page and enter your Account ID and password. You’ll be redirected to the platform’s main screen.

Navigating to Your Dashboard: Once logged in, you’ll be able to access your dashboard where you can track your balance, see your trading history, and view your active trades. From here, you can also access the trade panel to place new orders and set up your risk management.

Placing a Trade: To place a trade, click on the Market Order or Limit Order button from the trading panel. After selecting your instrument (e.g., EUR/USD), enter the amount you wish to trade, and click Buy or Sell.

Monitoring Your Trades:

You can track your trades in the Orders tab. This shows details such as the trade price, quantity, current market value, and the status of your trade (open or closed).

Why MatchTrader Is Perfect for Simulated Trading:

The combination of real-time data, advanced charting tools, and user-friendly features ensures that MatchTrader offers a professional, seamless trading experience that mirrors the dynamics of live trading. Whether you’re refining your skills or testing new strategies, MatchTrader gives you the tools to do so effectively. It provides a realistic market environment where you can experiment with your strategies without the risks involved in live trading.

Feel free to explore all the tools available in MatchTrader and reach out to our support team if you need any assistance with navigating the platform. We’re here to help make your trading journey smooth and rewarding!