User Manual

Making a trade

Click on the TRADE button and the trade ticket will appear.

Trade ticket column

Now all you need to do is adjust your trade size and decide if you wish to buy or sell. Live prices will continue to update until you click the buy or sell button.

You can choose the trade size by either using the up or down arrow or by typing in the size manually.

Trade ticket

At the same time as placing your trade you can set the level at which you wish your mandatory stop loss and limit order (if you want one) to be.

Remember, stop losses* are automatically allocated to every open trade, but you can specify the level yourself at the time of opening a trade.

* Stop losses are not guaranteed and are subject to slippage. If you wish to have the certainty of having your stop loss price guaranteed, you can place a Guaranteed Stop Order order by ticking the “GUARANTEED” box on the ticket. Please note that GSLs attract a premium which is charged at the time the order is placed. The premium is not refundable if the Guaranteed Stop Order expires or is subsequently cancelled. For further information on GSLs please refer to our Market Information Sheet.

Once you’ve clicked either the buy or sell button and your trade has been accepted you will get on screen confirmation plus confirmation by email.

Trade confirmation

If you notice any discrepancies, please contact us immediately, preferably by telephone.

Trade confirmation

Multiple trade tickets and tear-off

If you already have a trade ticket open, you can click on TRADE next to another instrument to launch another trade ticket. The second one will be launched above the previous trade ticket in the column on the right-hand side.

Multiple trade tickets

You can open as many trade tickets as you wish, but it is not possible to open more than one trade ticket in the same instrument.

You can click the tear-off icon and your trade tickets will be opened in a new window.

Tear Off

Closing a trade

If you decide to close a position, go to “Open Positions” and click on “Close” to the right of the position you wish to close. You will only be given one option either a buy or a sell depending on the direction of your original trade. For example, if you had a long position you would need to sell to close so only the sell button will appear when you click on ”Close”.

Close trade ticket

Alternatively, you can place a trade of the same size but of the opposite direction on the same instrument. For example, if you make a 5 CFD buy to open, you will need to make a 5 CFD sell to close.

Cherry picking which trade you want to close

If you have opened more than one trade in the same instrument, the total size will be shown with the average opening price.

For example, you initially bought 2 Australia 200 CFDs at 4795, and then another one contract at 4818, your Open Positions would look like this:

Cherry Pick

Each open position has a “+” symbol next to it. Click on the symbol and it will reveal each individual trade. This allows you to close your trades in any order you like.

If you do not cherry pick when closing your positions, the closing trades will work on a first in first out basis.

In the above example, if you subsequently sold 1 Australia 200 CFD at 4814, half of your first trade would be closed and your second trade would still be open. Your Open Positions would look like this:

Cherry Pick 2

Partially closing an open position

If you wish to partially close a position, you can do this by either finding the original product that you traded and adjusting the size (which will be less than your original size) and then make a trade in the opposite direction or by clicking on the close button in Open Positions and using the down arrow to adjust your size lower. For example, you initially made a 5 CFD buy to open and then you decide you want to partially close your position to 2 CFDs. You would need to sell 3 CFDs to close this part of your position.

Close and reverse an open position

If you wish to change the direction of an open position, you can achieve this by one simple trade: find the original product that you traded, adjust the size (which will be more than your original size) and then make a trade in the opposite direction. So, using the example above, you initially made a 5 CFD buy to open and then you wish to close and reverse your position by selling 8 CFDs. By taking this action your 8 CFD sell would close the original 5 CFD buy position and instantaneously open a new 3 CFD sell position, at the same price.

A Stop Loss Order is the method used to limit the losses on an individual trade. It literally means "when the loss on a trade reaches the point where I no longer wish to risk any more money then close me out of my position (or ’stop’ me out)".

Capital CFDs automatically apply a Stop to every new trade. It is important to note that Stops will be filled at the level you request, but in the rare event of the market gapping you will be filled at the next best level. We also offer the ability to place Guaranteed Stop Orders on some markets which will protect you against any market gapping.  There is a small premium for this extra protection (see the Market Information).

Every market has a minimum distance from the current price at which any stop will be accepted. You may move the stop further from the current market price provided your account has sufficient funds to do so. The system will not permit you to move your stop level beyond such available margin.

When a position is closed, the stop loss relating to that trade will be automatically cancelled and you will receive an email to confirm this.

All stops are set to Good Till Cancelled ‘GTC’, however you can amend this on the order screen.

In order to amend your stop loss and add a limit order right after you have placed a trade, you need to go to either the Order Book or the Open Positions window.

When you click on the AMEND button, you will see this new ticket:

If you do not amend your stop loss level after you’ve traded, your stop loss will be based on 80% of the funds available in your account or it will be set at 80% of the maximum CGSL (maximum computer generated stop loss). Details of the maximum CGSL for each product can be found in our Market Information.

On accessing the Order Book on the trading screen you will be able view all the current stop losses and limit orders that are running against your open positions.

Add products to “My Portfolio”

Once you have located an instrument you would like to watch, you can click the symbol to the right of each instrument to save it to My Portfolio, which is a watch list. This information will be stored in the My Portfolio section of your account for the next time you log in.

To access My Portfolio you need to click on the button in the top right-hand corner of the trading platform.

Calculate minimum deposit

You can remove an instrument from My Portfolio by simply clicking on the  symbol to the right and it will disappear.

Trading Tools

Your Capital CFDs account also provides you with an extensive research area. To access this, click on Trading Tools at the top right hand corner of the platform.

Trading Tools

Capital CFDs  accepts no responsibility for and has no control over the content (including legality, suitability, accuracy, timelines, reliability or availability) of any linked websites.

The provision of third party content is for general information purposes only and nothing in this section should be construed as providing investment advice or a solicitation to purchase or sell any investment.