The short answer
In MatchTrader, you open a trade from the order panel: pick the instrument, choose Buy or Sell, set your volume, and confirm. You close it from the open positions panel, either the whole position or just part of it. Prices, spreads, and commissions are real, the capital is simulated.
MatchTrader is a clean, browser-based platform, so your first trade takes seconds once you know where the controls live. Here is the full walkthrough.
Opening a market position
A market order fills immediately at the best available live price. This is what most traders use to enter.
Select your instrument from the watchlist (for example EURUSD or XAUUSD). It opens in the chart and the order panel.
In the order panel, set the volume (your position size, shown in lots).
Click Buy to go long if you expect the price to rise, or Sell to go short if you expect it to fall.
The position appears instantly in your open positions panel.
Buy fills at the ask, sell fills at the bid. The gap between them is the spread, which is why a fresh trade often shows a small starting loss. That is normal and applies on every real market.
Pending orders
A pending order tells the platform to enter only when price reaches a level you choose, instead of right now. Use it to plan an entry in advance rather than watching the screen.
In the order panel, switch the order type from Market to a pending type and set your trigger price. The order sits inactive until the market reaches that level, then it converts into an open position automatically. Pending orders show in a separate list, where you can edit or cancel them any time before they trigger.
Type | What it does |
Market | Fills now, at the current live price. |
Buy limit / Sell limit | Enters when price reaches a level more favorable than now. |
Buy stop / Sell stop | Enters when price breaks through a level, for momentum entries. |
Setting volume at 1:100 leverage
Volume is how big your position is, set in lots. On UZO, leverage is fixed at 1:100 across every account and size, so a given lot size controls the same notional exposure on any UZO account you trade.
Bigger volume means bigger profit and bigger loss per pip, and a faster move against your drawdown limits. Start small while you learn the platform. The exact margin required for any volume is calculated and shown on your dashboard before you confirm the order, so you always see the real number for that instrument.
Closing fully or partially
You close from the open positions panel, not the order panel.
Full close: click the close control on the position. It exits at the current live price and the result settles into your balance.
Partial close: enter a smaller volume than the position holds and close that amount. The rest stays open and keeps running.
Partial closing is useful for taking some profit off the table while letting a winner continue. You can also close everything at once if the platform offers a close all control. To leave a position open but protected, set a stop loss and take profit instead (covered in a separate article).
Spreads and commissions
Every trade on UZO carries the same real trading costs you would meet at a live broker: the market spread, plus any commission for that instrument. These are applied uniformly to all accounts and are reflected in your live profit and loss the moment a position opens.
Why real costs matter
UZO is a simulated (Syn-Fi) environment: real prices and real costs, simulated capital, real rewards. Trading against true spreads and commissions is what makes your results meaningful, so the discipline you build here is the same discipline that performs in live markets.
Exact spreads and commissions vary by instrument and move with the market, so check live pricing on your dashboard before sizing a trade. Note that MetaTrader 5 is not available to US users; MatchTrader and TradeLocker are.
Related
How to set a stop loss and take profit in MatchTrader
How to read your trading stats in MatchTrader
MatchTrader: overview and login
What is allowed and what is prohibited