Wonderinterest | Trader's Guide

Step 5: Opening a Real Trading Account

Brokerage companies have tens to hundreds of thousands of clients. It is not possible to accept physical orders from every client. Modern business accounts therefore operate in an online space, so you can conveniently check your finances from the comfort of your home at any time 24 hours a day.

You can open a real trading account online via your computer or smartphone in just a few minutes. Opening an account does not mean that you invest your money. It just gives you a chance to be prepared.

How to do it?

After you register and upload the necessary documents, you can wait for them to be verified or immediately deposit funds into the account and download the trading platform. Once the account is verified, you can start trading.

Trading platform

Using the trading platform, you can place orders to buy or sell individual trading instruments directly online or monitor the price movement of the given instrument during the order entry by telephone. It is currently the number 1 trading platform on the MetaTrader5 market.

Timely instructions

Make sure your broker receives orders on time, because time is the essence in the stock market. Even a few minutes can significantly change the market price of a selected trading instrument.

These are the two most common types of orders:

Market order
Buys or sells ASAP shares at the best available price.
Limited order

It only buys or sells stocks at a specific price you set, or better. In the case of a purchase order, the limit price will be the highest price you are willing to pay, and the order will only pass if the stock price drops to or below that amount.

Now you have a basic idea of how stock markets work, how to invest, open a Demo and Real trading account and how to trade. Only the last step remains. Start trading!

To open a Real Trading Account with WonderInterest Tradin LTD, click here.

If you have any remaining questions, do not hesitate to visit our Business Dictionary section, where you will find the necessary answers.

Trading dictionary

What is the stock market?

The stock market is a collection of markets and stock exchanges where the regular purchase, sale and issue of shares in publicly traded companies takes place. Such financial activities are carried out through institutionalized formal exchanges or over-the-counter (OTC) markets, which operate according to defined regulations.

What is a bear market?

The bear market is the state of the market when prices fall for a longer period of time. A typical example is a situation in which the prices of traded assets fall by 20% or more from recent highs due to widespread pessimism and negative investor sentiment. The bear market is the opposite of a bull market and may be accompanied by a general economic downturn, such as a recession.

What is a bull market?

A bull market is a state of the financial market in which prices are rising or expected to rise. The term "bull market" is most commonly used to refer to the stock market, but can be used for anything traded, such as bonds, real estate, currencies and commodities. Because securities prices rise and fall essentially continuously during trading, the term "bull market" is generally reserved for longer periods in which a large proportion of securities prices rise. Bull markets usually last months or even years.

What is leverage?

Using leverage means that you trade more funds than you have in your account. For example, a 1:10 leverage will allow you to trade up to ten times the capital invested in the trading account. It is important to realize that using a leverage can increase your potential gain / deepen your potential loss. Brokers with a European license provide clients with a maximum leverage of 1:30.

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