Account Verification & Funding → Open a Live Account and a Demo Account, determine the amount of funding over the required minimum and activate your trading account with the necessary KYC process.
Education & Practise → Learn, research diligently and familiarise yourself with commodities trading from the robust educational section. Understand how the commodity market works and practise on the Demo Account.
Market Research & Plan your trade → Prior to starting commodity trading on your Live Account, browse through Malfex analysis, market news and tools, including the economic calendar, to choose a commodity maket asset to trade CFDs on.
Trade Size & Market Direction → After you have carefully selected the financial instrument (commodity) you want to trade on, take an informed decision on the size of your trade (lots, pip value etc). If you expect the commodity price will to rise you go long (Buy). If you expect a decrease of the commodity value you go short (Sell).
Risk Management & Account Protection → There are numerous risk assessment tools, features and trading strategies to help you protect your trades from market volatility and price fluctuations. Use the traders toolbox instruments, including Stop Loss order, Take Profit, Hedging Strategy to reduce the trading risks.
Trade Monitoring & Close Trade → Monitor your trades, track profit and losses and protect your trading account with real-time actions, using any of the available trading platforms, webtrader and mobile trading application. Close your trade when you want if you did not reach profit or loss limits.