TradeLocker is a platform created by an innovative team. It aims to meet the needs of both new and experienced traders. TradeLocker offers a wide range of tools and an easy-to-use interface. In this review, we will check TradeLocker’s main features. Integration with TradingView, one-click trading, risk management capabilities, and its web-based platform. We’ll test if it offers flexibility and accessibility on all devices.
Forex Brokers with TradeLocker
*Trading bonuses are not eligible for clients registered under Trading Point of Financial Instruments Pty Ltd and Trading Point of Financial Instruments Ltd
Prop Firms With Tradelocker
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Here are the 3 easy steps:
- Create a new TradeLocker Account
- Deposit a minimum of $250
- Trade a minimum of 1 lot
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What is TradeLocker?
TradeLocker is a trading platform that serves both traders and brokers. It offers advanced trading tools and fast, seamless trading. The platform’s main goal is to give traders the right technology and tools to make informed decisions. It is trusted by more than 25 licensed brokers and 23 white label prop firms.
Who is TradeLocker For?
TradeLocker is a relatively new trading platform powered by TradingView and designed for lightning-fast performance with a slick minimalist interface. TradeLocker is developed by requirements and preferences of over 2 million traders. It’s for both beginners and experienced traders alike. It bypasses the shortcomings of MT4 and MT5.
What is the Lot Size of TradeLocker?
0.01 is a minimum lot size at Tradelocker. This gives you the opportunity to mitigate risks in your high-volume trades.
With TradeLocker, you can access a diverse range of trading instruments such as stocks, ETFs, options, and cryptocurrencies.
500+ assets are available with TradeLocker. Instruments range from Forex Pairs to Crypto CFDs, Equity CFDs and more.
TradeLocker offers high-quality charts and indicators. It has an advanced risk management with stop loss and take profit features. It’s a full round web-based platform for trading from any device.
Charts and Technical Analysis
TradeLocker has high-quality charts and indicators that sets it apart from the competition. These tools help traders make well-informed decisions based on accurate data analysis. You can access real-time market data and advanced technical analysis tools . This way you can stay ahead and identify potential profit opportunities.
The platform offers trading right from the chart so you can check the benefits of real-time trading. You can place, adjust, and cancel orders directly on the chart. This process allows you to respond instantly to market movements. This is combined with one-click trading options and micro lots to help you be as successful as possible.
TradeLocker’s one-click trading feature speeds up the trading process. Traders can execute market orders instantly. It eliminates delays and the need for multiple confirmation steps.
This type of trading is essential during volatile or rapidly changing market conditions. With one-click trading, you can take quick action and benefit from positive movements.
You can add text notes to the chart. This is a helpful way to keep track of important trading factors. You can document your analysis and mark important pattern levels.
You can use it to explain the reasoning behind a trade, making it easier to review your strategies. Labeling trend lines or other graphical elements can provide quick context when revisiting older charts.
You can even set alerts that are linked to these text notes. This way you get a reminder if you need to take action when certain conditions are met.
The TradeLocker app is available on Google Play. Trade easily by using your mobile or any other device.
The Tradelocker and Tradeview integration gives you access to custom charts and indicators. You can stay ahead of the market with real-time data and make informed decisions.
TradeLocker’s SL&TP calculator offers flexibility and precision. When you are setting Stop Loss (SL) and Take Profit (TP) values. With new features, this calculator helps traders to gain control over trades and improve outcomes.
Using the SL&TP calculator is simple:
- Choose your instrument pair from 500+ tradable assets on TradeLocker.
- Specify order amount by directly marking your desired profit and loss. This has to be done in terms of your currency value.
Example: if you want to take profit at $50 and stop loss at $20, simply input these exact values.
Order amount in lots
This method lets you set the order size in terms of lots.
Example: selecting 0.01 lots means you’re trading 0.01 units of the instrument pair.
How to use a trading calendar?
You can access crucial information on market openings, financial events, and high volatility periods. The calendar helps you stay informed on working hours of global financial markets. This includes information about public holidays, early closures, and time zone differences.
Find historical data for in-depth technical and fundamental analysis. Uncover patterns and trends to make educated predictions for future market performance. Master the art of trading with a comprehensive trading calendar.
TradeLocker is FREE for traders, but you need to contact them to check B2B pricing for brokers and prop firms.
Every work day from 12pm – 9pm EST. They answer in 48 hours.
Tradelocker users can easily report bugs through the platform’s designated channels.
The speed of bug resolution may vary depending on the complexity, but they efficiently resolve reported bugs.
How to use EAs (expert advisors) and trading bots?
TradeLocker does not support EAs and trading bots. They do offer funding for developers who wish to help them integrate this into their system. They have a dedicated fund of $1,000,000 available for developers who can contribute with their script. To find out more about this opportunity you can visit TradeLocker Labs.
Verdict Based on Real User Feedback
Despite the limitations users mentioned about this new platform, the impressive features, intuitive interface, and the ability to customize make this platform a good option for traders.
- Impressive Features
- Intuitive & Efficient: Easy to use and understand, fast, and precise
- Multi Window Support: You can view multiple charts simultaneously
- Pine Scripts/Build Scripts Integration: You can customize your trading experience
- Second Time Frame Support: You can analyze data from different perspectives
- New Platform: Still developing, room for improvements
- Limited Time Frames: Restricted to daily chart for trading
- No Expert Advisors (EAs): Automated trading capabilities not available