Welcome to mobile CFD trading
Virtually no day trader has the option of being at their computer all the time. For many traders, trading on the go has become absolutely essential. As an innovative online broker, flatex solves this problem with its free CFD2GO app. The app is clear and well-organised and offers its users the following functions:
- Mobile access to the CFD trading platform, live trading
- Quick overview of the account balance, margin in place, available capital and total capital
- Clear chart and personal watch lists
- Current news ticker with comprehensive market data
The free CFD2GO app is available for iOS and android.
Login
Here you can see the CFD trading platform’s login interface. You can find your customer number and password in your welcome letter.
The “Session period” field lets you determine the number of minutes after which you will automatically be logged out.
The following window prompts you to enter an iTan. You can find this on your ITAN card.
Account overview
The next step shows your account. This gives you an overview of your
- Profit and loss calculation
- Commissions
- Margin
- Receipts and payments
- Available capital and total capital
Clicking the “Transfer” button takes you to the transfer menu.
Transfer menu
In the transfer menu you can transfer available capital back to your cash account. The transfer is promptly booked.
Instrument search and overview
Clicking on the “Search” button in the navigation at the bottom edge of the screen takes you to our instrument overview and search. In the search field, you have the option of entering an ISIN, WKN (security identification number) or real name. But, you can also simply navigate through the instrument overview.
Instruments
Once you have found the desired CFD security, you can order this directly. To do so, click on the “Buy|Sell” buttons behind the security. The buttons also display the security currently being traded. Clicking on the small pen in the top right corner lets you manage your watch list. In this mode, select the desired security with a checkmark, then click on “Select watch list”, assign the security and then confirm with “OK”. Clicking on the pen once again exits the mode. Clicking on the arrow in the top left corner takes you back to the overview.
Charts
Clicking on the name of a CFD in the instrument overview lets you view the corresponding charts on the security. To activate the automatic value range, click on the small plus sign in the bottom right corner. The flag on the y-axis indicates the current value of the security. Under “News” you will find the latest news on the selected share. The “Details” item provides all the most important information on your instrument. And, finally, the security’s market depth is also displayed, which you can also access in the order screen.
Order screen
If you want to trade an instrument, in the instrument overview, click the “Buy” or “Sell” button behind the security. This opens the order screen. In the top right corner, you can display the instrument’s market depth by clicking on the icon.
Clicking on “Buy” or “Sell” then lets you adjust the CFD trading limit. You can change the quantity in the “Sell” field.
You can adjust the price for limit and stop orders once you have selected the relevant button.
Under “None”, you can enter instructions for “If done” orders. You can choose between:
- Price
- Price gap
- Profit/Loss
. Once you had performed all your settings, you can issue the order by clicking “Send (fee-based)”. Confirm the security question with “Yes (fee-based)” in order to complete the process.
Watch list
You can save and group the instruments you use most often in your watch lists. To create a new watch list, in the watch list overview, click on the box with the pen in the top right. After clicking on “Create new watch list” you can give it a name. To rename or remove a group, activate the pen once again and select the desired action.
Watch lists are added as described in “Step 5: Instruments”. To remove a security, activate the pen, select the relevant security and click “Remove”.
Positions
The “Positions” menu item shows your currently open positions. Click on the name to show details on the security. The “Sell” and “Buy” buttons show the current prices for the relevant action.
You can delete the position by clicking on the cross in the bottom row. Here you can also see (from left to right), the number of purchased CFDs, the price at which the position was established and your current profit and loss calculation. Clicking on the arrow at the end of the row takes you to the order screen in which you can adjust the margin and stop loss level.
Clicking on the “Close position” button sells all of your positions.
Orders
The order window shows your orders that have not yet been executed. The functions are similar to that of the position window, bur rather than the execution price and the profit and loss equation, it shows the selected order type as well as the set values for limit/stop, take profit and stop loss.
Here you can also find a button to cancel all open orders at the bottom.