The short version
To open a trade in TradeLocker, pick an instrument, open the order ticket, choose Buy or Sell, set your quantity, and confirm. To close it, go to the Positions panel and close the position in full or in part. Trades run on simulated capital at 1:100 leverage, with the same real spreads and commissions a live account would pay.
TradeLocker is a clean, browser-and-mobile platform, so your first trade takes about a minute once you know where the order ticket lives. Here is the full flow.
Opening a market position
A market order opens your trade immediately at the best available price. This is what most traders use for entries they want filled right now.
Select your instrument from the watchlist (for example EURUSD, XAUUSD, or BTCUSD).
Open the order ticket. On the chart you can 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 can attach a stop loss and take profit at the moment you open, or add them afterward from the position itself.
Pending orders
A pending order tells TradeLocker to open a position only when 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 against your account in real time. The exact margin and pip value 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 stop loss, the position closes automatically when price hits it, with no action needed from you.
Partial closes are useful for taking some profit off the table while letting a winner run. Each partial or full close is recorded in your trade history so you can review it later.
Spreads and commissions
UZO is a simulated firm: the capital is synthetic, but the market conditions are real. Prices come from third-party feeds, and the same real spreads and commissions a live trader would pay are applied uniformly to every account. That means a fresh position opens slightly negative by the spread, and commission is charged the same way it would be on a live broker.
Why this matters
Because costs are real, your evaluation reflects how you would actually perform in a live market. Factor the spread and commission into small or fast trades, where they take a bigger share of the move.
Live spreads vary by instrument and market conditions, so always check the current pricing on your ticket before you confirm. Just remember what is and is not allowed: strategies that exploit the simulation, such as latency or tick arbitrage, are prohibited even though the platform will technically let you place the order.
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