The short version
To open a trade in TradeLocker, choose an instrument, open the order ticket, select Buy or Sell, set your quantity and confirm. To close it, open the Positions panel and close the position in full or in part. Every trade runs on simulated capital at 1:100 leverage, against real, live market prices.
TradeLocker is a clean platform that runs in your browser and on mobile, so your first trade takes about a minute once you know where the order ticket lives. You have more than 1,300 instruments to trade across six markets: forex, metals, crypto, indices, shares and energies. Here is the full flow.
Opening a market position
A market order opens your trade immediately at the best available price. It is the order most traders use for an entry they want filled at once.
Select your instrument from the watchlist (for example EURUSD, XAUUSD or BTCUSD).
Open the order ticket. On the chart you may use the Buy and Sell buttons, or open the full ticket from the instrument panel.
Choose Market as the order type.
Set your quantity (see below for how size works at 1:100 leverage).
Press Buy to go long or Sell to go short, then confirm.
Once filled, the trade appears in your Positions panel with a live profit or loss figure that updates as the price moves. You may attach a stop loss and a take profit at the moment you open, or add them afterwards from the position itself.
Pending orders
A pending order tells TradeLocker to open a position only when the price reaches a level you choose, rather than right now. Use these when you want to enter on a breakout or a pullback without watching the screen.
Limit order: buy below the current price, or sell above it (you are waiting for a better price).
Stop order: buy above the current price, or sell below it (you are entering on momentum once a level breaks).
In the order ticket, switch the order type from Market to your pending type, enter the trigger price and quantity, and confirm. Pending orders sit in the Orders panel until they trigger or you cancel them. They do not consume anything until they fill.
Setting quantity at 1:100 leverage
Every UZO account runs at 1:100 leverage, fixed. Leverage decides how much margin a given position size reserves, not how much you can lose beyond your account. A larger quantity means a larger move in your profit or loss for the same price change, so size is the single biggest lever on your risk.
When you set quantity in the order ticket, TradeLocker shows the margin the trade will use and an estimate of the value per price move before you confirm. Read those figures, because your drawdown limits are measured on your equity, in real time. Your equity includes the open, floating profit or loss on any position you are holding, so a trade moving against you draws your account down just as a closed loss would. The daily drawdown limit resets at 00:00 UTC. The exact margin and value per move for any instrument are shown on your ticket and dashboard, so check there rather than guessing.
Closing fully or partially
You close trades from the Positions panel, not the chart buttons.
Full close: open the position and choose close. It exits at the current market price and moves to your closed-trades history.
Partial close: enter a quantity smaller than the open size and close just that amount. The rest of the position stays open and keeps running.
Close on a level: if you set a take profit or a stop loss, the position closes automatically when the price reaches it, with no action needed from you.
Partial closes are useful for taking some profit while letting a winner run. Each partial or full close is recorded in your trade history, so you may review it later.
Real, live market prices
UZO is a simulated firm: the capital is synthetic, and the prices are real and live. You trade the same market movements a live trader sees, at the same moment, so what you achieve here is a faithful measure of your trading.
Why this matters
Because the market conditions are real, your evaluation reflects how you would genuinely perform in a live market. There is nothing artificial to game and nothing to second-guess. You simply trade.
One point to keep in mind: strategies that exploit the simulation itself, such as latency or tick arbitrage, are not permitted, even though the platform will technically let you place the order. Everything a genuine trader does is welcome. If you are ever unsure whether an approach is allowed, our team is happy to help at [email protected].
Related
How to set a stop loss and take profit in TradeLocker
How to read your trading stats in TradeLocker
TradeLocker: overview and login
What is allowed and what is prohibited