Quick Start Guide

Get up and running with the Trading Platform in under 5 minutes. This guide covers everything you need to start trading.

Before You Begin

Ensure you have the following ready:

• Email address - For account verification
• Trading broker account - MetaTrader 4/5 credentials. Interactive Brokers, TD Ameritrade and cTrader accounts cannot connect
• Modern web browser - Chrome, Firefox, Safari, or Edge (latest version)

Step 1: Create Your Account

Getting started takes just a few minutes. Visit our registration page and follow these steps:

1. Navigate to auth.dev.binarysword.com/signup
2. Enter your email address and create a secure password
3. Verify your email by clicking the link sent to your inbox (check spam if needed)
4. Complete your profile with basic information

Step 2: Connect Your Broker

The Trading Platform connects to your existing broker account, giving you powerful analysis tools while you trade on your preferred platform.

Brokers

Connection Steps

1. In the sidebar, open Accounts → Broker Accounts
2. Select Add Account
3. Under Select Broker, choose MetaTrader 4 or MetaTrader 5
4. Enter a display name, your account number, password and server, and choose the account's purpose
5. Select Connect Account

A new account can take a while to come up. While it connects, the page checks again every 4 seconds, for up to about 160 seconds. Interactive Brokers, TD Ameritrade and cTrader cannot connect, and Select Broker no longer lists them.

Step 3: Practise on a Paper Account

Before trading with real money, practise on a paper account or on your broker's MetaTrader demo account. There is no Demo/Live switch.

To create a paper account:

1. In the sidebar, open Trading → Workspace
2. Open the account selector at the top of the workspace's left panel and select Manage paper accounts
3. Select New paper account. It starts with 10,000 USD at 1:100 leverage unless you change the starting balance, currency or leverage

Step 4: Place Your First Trade

Ready to execute your first trade? Follow this quick process:

1. Select an instrument - Use the search bar (Cmd/Ctrl + /) or browse the watchlist
2. Analyse the chart - Check the trend, support/resistance levels, and timeframes
3. Open the order panel - Click Buy (green) or Sell (red)
4. Set your parameters:
   • Position size (start small!)
   • Stop loss (always use one)
   • Take profit (optional but recommended)
5. Execute - Click Place Order and confirm

Step 5: Monitor Your Position

After placing a trade, you can monitor it from several locations:

• Positions Panel - Shows all open trades with real-time P&L
• Chart - Entry, stop loss, and take profit levels displayed as lines
• Terminal - Detailed trade information and history

Essential Keyboard Shortcuts

Speed up your workflow with these commonly used shortcuts:

What's Next?

Now that you're set up, explore these resources to improve your trading:

• Account Setup - Configure your preferences and security settings
• Platform Tour - In-depth walkthrough of all features
• Placing Trades Tutorial - Detailed guide to order types and execution
• Risk Management - Protect your capital with proper risk controls

Need Help?

Stuck or have questions? We're here to help:

• Live Chat - Click the chat widget in the bottom right
• FAQ - Account, Trading, and Technical questions
• Email - support@binarysword.com