One-click trading allows you make quick trades without delays. For example, if you would like to open or close a trade, this feature makes the process faster by eliminating the double confirmation step.
The primary benefit of this feature is the ability to execute trades almost instantly. Eliminating the double confirmation step streamlines the trading process, saving valuable seconds that could make a significant difference in your trade’s outcome.
- Here’s how to enable the one-click trading feature:
- Here’s how a trade order looks like with one-click trading enabled:
- Here’s how a trade order looks like with one-click trading disabled:
As you can see in the example above, you are also able to turn on one-click trading right before you confirm the buy.
The feature is particularly beneficial for day traders and scalpers, who often rely on quick entries and exits to capitalize on small price movements. It also minimizes the chance of slippage, as the quicker you execute your order, the more likely you are to get the price you want.
This rapid execution allows you to take full advantage of short-term trading opportunities that might otherwise be missed. It enhances the effectiveness of trading strategies that depend on precise timing, like momentum or high-frequency trading.
The simplified process also reduces the cognitive load, allowing you to focus more on analysis and decision-making.