How to Login and start trading Forex at SabioTrade

SabioTrade Login: How to Access Your Account

How to Log In to a SabioTrade Account

First, navigate to the SabioTrade website, then select  "Log in" at the top right corner of the screen to be directed to SabioTrade’s login page.

If you still haven’t acquired a funded account from SabioTrade, please access the following article and follow the instructions to join now: How to Register Account on SabioTrade.

At the login page, enter the login information provided to you after successfully registering your account. Then, click "Login" to finish.

The login information is attached to the confirmation email you received after successfully registering, so please make sure you have checked it thoroughly.

Please note that you are provided with 2 login credentials. To log in, search in the email for the section titled "Your SabioDashboard Credentials" to retrieve the login information for the dashboard.

Congratulation! With just a few simple steps, you can log in to SabioTrade with an appealing interface, optimized for traders to engage in trading seamlessly.

Next, to log in to the trading platform where you will directly execute trades, you will click on "Platform Access".
Proceed to log in using the remaining login credentials provided in the section titled "Your SabioTraderoom Credentials" that was sent via email earlier.

Then, enter this information into the corresponding fields and select "Login" to proceed with logging in.

Please remember that after successfully registering your account, you must trade and achieve the profit target (depending on the funded account you purchased) to pass the SabioTrade assessment. After passing this assessment, you will receive a real-money account and be granted access to features such as verification, withdrawal, and more.

How to Log In to SabioTrade using a Mobile Browser

Similarly to logging in on a computer, to log in to SabioTrade on your mobile device, select your preferred web browser, then navigate directly to the SabioTrade website and tap "Log in" at the top right corner of the screen.

If you still haven’t acquired a funded account from SabioTrade, please access the following article and follow the instructions to join now: How to Register Account on SabioTrade

You will be immediately redirected to SabioTrade’s login page, where you’ll enter your login information into the provided fields, and then select "Login" to proceed with logging in.

Please be aware that you’ve been provided with two sets of login credentials. To access your account, locate the "Your SabioDashboard Credentials" section in the email. This section contains the login information specifically for accessing the dashboard.

Congratulations! Trading has become more convenient than ever with the ability to participate directly on your mobile device. So, don’t hesitate any longer; join in now!

At the Dashboard, click on the icon resembling the one described below to access the scrolling list.
Afterward, to access the trading platform where you can directly execute trades, please click on "Platform Access".
Here you will use the login information provided in the section "Your SabioTraderoom Credentials" attached in the same email earlier.

Then, enter this information into the corresponding fields and select "Login" to proceed with logging in.

Congratulations on your successful entry into the Sabio Traderoom! You’re now poised to explore its wealth of trading opportunities and features. Happy trading!
It’s important to keep in mind that after successfully registering your account, you’ll need to engage in trading activities and meet the profit target specified for the funded account you purchased to pass the SabioTrade assessment. Upon passing this assessment, you’ll be eligible to receive a real-money account and gain access to additional features such as verification, withdrawal options, and more.

Exploring Forex and Crypto Trading on SabioTrade

What is an Asset on SabioTrade?

Assets, fundamental to trading, are financial instruments whose value drives market activity. At SabioTrade, you’ll find an extensive selection of assets covering various categories such as currencies, commodities, stocks, indices, cryptocurrencies, and more. This diverse range ensures that traders have ample opportunities to engage in markets that align with their strategies and preferences.

Firstly, click on the icon resembling the one described to view the available types of assets at SabioTrade.You have the option to trade on multiple assets simultaneously. Simply click on the "+" button located beside the asset section. This allows you to add the chosen asset to your trading selection.

How to Trade Forex on SabioTrade?

SabioTrade prides itself on delivering a user-friendly trading platform that not only streamlines the process of executing forex trades but also provides traders with advanced tools and features to enhance their trading experience. With intuitive navigation and robust functionalities, traders can analyze market trends, place trades swiftly, and manage their portfolios with ease.

Initially, navigate to "Assets" and then select "FOREX" to proceed with choosing the trading products. The profitability of each asset is determined by the "Spread" displayed next to it. A higher "Spread" indicates greater potential profitability in the event of a successful trade.
At the next step, to start trading, you will need to choose one of the two types of orders: "Buy" or "Sell".
In an order, there are several factors to consider, including:

1. Quantity: the amount of the asset you want to trade with and the system will calculate the margin (required funds) to open the position.

2. Open Pending Orders: To create a Pending Order, you simply need to open the "Sell/Buy when the price is" button, then select the desired price level, and your order will automatically open when the price reaches that threshold.

3. Take Profit: Automatically close the order when the price moves against your position (i.e., when your account is in negative territory to automatically cut losses). It’s ESSENTIAL to set a Stop Loss on every order to minimize risk and avoid account depletion.

4. Stop Loss: Automatically close the order when the price moves in favor of your position (i.e., when your account is in profit).

When you receive a notification that the order has been successfully created, you can check the status of the order:

• For any orders that belong to Pending Orders but have not met the conditions to open the order, they will be listed under "Pending", and the number of Pending Orders will be displayed right next to it.

• As for orders that are currently open, the number of orders as well as details about those orders will be displayed in the "Open Positions" section.

You can always view information about closed orders (whether they have hit Stop Loss, Take Profit, or have been closed manually) in the "Trading History" section.

How to trade CFD instruments (Crypto, Stocks, Commodities, Indices, ETFs) on SabioTrade?

Our trading platform now offers a range of new CFD types, expanding your trading opportunities. These include cryptocurrencies, commodities, indices, and more.

In CFD trading, traders endeavor to predict the future direction of price movements to profit from the variance between current and future prices. CFDs mimic the behavior of conventional markets: when the market moves in your favor, your position is automatically closed upon reaching a predefined profit target known as Take Profit. Conversely, if the market moves against your position, it is closed to limit potential losses through a predefined level known as Stop Loss. Your profitability in CFD trading is determined by the difference between the price at which you entered the trade and the price at which it is closed.

The way you trade CFD instruments is similar to how you trade Forex. To start trading, you also select "Buy" or "Sell", then enter the trading information as follows:

1. Quantity: This refers to the amount of the asset you wish to trade with. The system will then calculate the margin, which represents the required funds to open the position.

2. Open Pending Orders: To create a Pending Order, simply click on the "Sell/Buy when the price is" button. Then, select your desired price level. Your order will automatically open when the market price reaches the specified threshold.

3. Take Profit: This feature allows you to automatically close the order when the price moves against your position, helping to limit potential losses.

4. Stop Loss: Similarly, Stop Loss automatically closes the order when the price moves in favor of your position, enabling you to secure profits. Setting a Stop Loss on every order is crucial for risk management and to prevent significant account depletion.

Once you have configured these parameters, click on "Place order" to finalize the creation of your orders.

Upon receiving a notification confirming the successful creation of an order, you can monitor its status as follows:

• Pending Orders: Orders that are yet to meet the conditions required for execution will be categorized under "Pending". The total number of pending orders will be indicated in this section.

• Open Positions: Orders that are currently active and executed will be listed in the "Open Positions" section. Here, you will find details about each open order, including the total number of active orders.

In the "Trading History" section, you can access information regarding closed orders, including those that have been closed due to hitting Stop Loss, Take Profit, or manual closure.

Trading CFD instruments on SabioTrade provides access to a wide range of market opportunities, encompassing cryptocurrencies and other CFDs. With a solid grasp of the fundamentals, implementation of effective strategies, and the user-friendly SabioTrade platform at their disposal, traders can embark on a fulfilling journey in the realm of CFD trading.

How to use Charts, Indicators, Widgets, Market Analysis on SabioTrade?

SabioTrade provides traders with a comprehensive suite of tools designed to equip them with valuable insights and analytical capabilities. This guide will explore the effective utilization of charts, indicators, widgets, and market analysis features available on the SabioTrade platform. By harnessing these resources, traders can make informed decisions and elevate their trading experience to new heights.

Charts

The SabioTrade trading platform offers the convenience of customizing your presets directly on the chart. You can input order details in the box located on the left-side panel, apply indicators, and adjust settings—all while keeping your focus on the price action. This seamless integration enables traders to efficiently manage their trades and analyze market trends without interruption.

Looking to trade multiple options simultaneously? With the SabioTrade trading platform, you can run up to 9 charts concurrently and customize their types, including line, candlestick, bar, or Heikin-ashi charts. For bar and candle charts, you can set time frames ranging from 30 minutes to 1 month, accessible from the bottom left corner of the screen. This versatile setup allows traders to efficiently monitor and analyze multiple assets across various time frames to make well-informed trading decisions.

Indicators

To conduct comprehensive chart analysis, utilize a variety of indicators and widgets available on SabioTrade. These encompass momentum, trend, volatility, moving averages, volume, popular indicators, and more. SabioTrade boasts a curated selection of the most commonly used and essential indicators, empowering traders to gain deeper insights into market trends and make informed trading decisions.

When applying multiple indicators, you have the option to create and save templates for future use. This allows you to easily apply your preferred combination of indicators to charts whenever needed, streamlining your trading workflow on the SabioTrade platform.

Widgets

Widgets play a crucial role in enhancing decision-making capabilities. On SabioTrade, you can leverage a variety of widgets such as traders’ sentiment, high and low values, trades of other users, news, and volume. These widgets provide real-time insights, enabling you to monitor market changes effectively and make informed trading decisions with confidence.

Market Analysis

Regardless of whether you trade options, Forex, stocks, metals, or cryptocurrencies, staying informed about global economic developments is imperative. At SabioTrade, you can conveniently access market news within Traderoom’s Market Analysis section, eliminating the need to navigate away from your trading environment. The smart news aggregator provides insights into which assets are currently experiencing the highest volatility, while themed calendars offer valuable insights into optimal timing for taking action. This integrated approach empowers traders to make well-informed decisions by keeping abreast of market trends and events.

Frequently Asked Questions (FAQ)

What is the best time to trade for trading?

Determining the optimal trading times is a multifaceted consideration, contingent upon various factors including your trading strategy, risk tolerance, and market conditions. It’s prudent to closely monitor the market timetable, particularly during the overlapping hours of the American and European trading sessions, as this period tends to witness heightened price dynamics, especially in currency pairs such as EUR/USD. Furthermore, staying abreast of market news and economic events that could potentially influence the movement of your chosen assets is paramount. For novice traders who may be less familiar with market dynamics, it’s advisable to exercise caution during periods of high volatility and to refrain from trading when prices are excessively dynamic. Taking these factors into account can help traders make more informed decisions and navigate the markets with greater confidence.
 

Can I hold positions over the weekend?

In SabioTrade, we require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Please note that this is only a soft breach and you will be able to continue trading once the markets reopen. In other words, on the SabioTrade trading platform, you can do Day Trading (also known as Intraday Trading), or keep positions open for several days, but it is not possible to keep positions open during the weekend.

What is the minimum investment amount to open a trade?

The minimum investment amount to open a trade on SabioTrade is $1.
 

How does a multiplier work?

In CFD trading, you have the option to utilize a multiplier, also known as leverage, which enables you to control a position that exceeds the amount of capital invested. This allows for the potential amplification of returns, but it also increases associated risks. For instance, by investing $100 with a leverage of 10x, a trader can potentially achieve returns equivalent to a $1,000 investment. However, it’s important to bear in mind that this multiplier effect applies to potential losses as well, which can also be magnified several times over. Therefore, while leverage can enhance potential profits, it’s crucial to exercise caution and manage risk accordingly.
 

How to use Auto Close settings?

Traders utilize Stop Loss orders as a risk management tool to contain potential losses for an active position. These orders automatically trigger a sell order if the asset’s price moves unfavorably beyond a predefined level, helping traders limit downside risk.

Similarly, Take Profit orders serve to secure profits by automatically closing a position once a specified price target is reached. This allows traders to lock in gains without the need for continuous monitoring.

The parameters for both Stop Loss and Take Profit orders can be customized based on various criteria, including a percentage of the asset’s value, a specific monetary amount, or a predefined price level. This versatility empowers traders to tailor their risk management strategies according to their individual trading preferences and market conditions.
 

Seamless Entry: Logging In and Initiating Forex Trading at SabioTrade

In conclusion, logging in and starting Forex trading at SabioTrade is a straightforward process designed to provide traders with immediate access to the dynamic currency markets. By following the steps outlined in this guide, traders can seamlessly log in to their accounts and begin trading in a user-friendly environment equipped with advanced tools and real-time market data. SabioTrade prioritizes user experience, offering robust security measures and dedicated customer support to ensure a smooth and secure trading experience. Whether you’re a novice or experienced trader, SabioTrade empowers you to explore Forex opportunities and pursue your financial goals with confidence. Start your Forex trading journey with SabioTrade today and unlock the potential for success in the global currency markets.