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  • 👋Introduction
  • ACCOUNT
    • 🔄ZKX Account
    • 🪝Create Your ZKX Account: A Step-by-Step Guide
    • 🗳️Deposits
    • 🍖Withdrawals
    • 📬Transfer
  • PRO TRADE
    • 💶How to Trade
    • 🧲Cross Margin Account Structure
    • 📊Trading Terminal
    • 📑Funding Rates and Markets
    • 🗝️Trade Overview and History
  • OG TRADE
    • ⚡Get Started with OG Trade
    • 🎰ZKX OG Clans: Eligibility Criteria
    • 🥸How to Claim Your Clan
    • ⁉️FAQs
  • REWARDS & INCENTIVES
    • 🐺Starknet DeFi Spring
    • 🍑Rewards Zone
    • 🎁Airdrops Overview 2024
    • 🪂Airdrop 2 (Live 19 June 2024)
      • ✅Check Eligibility and Claim $ZKX
  • COMMUNITY
    • 👯‍♂️ZKX Referral Program
    • ✨Galxe Campaign
  • BASIC ARCHITECTURE
    • ⛓️ZKX Appchain
    • 🚀Starkway - Native Bridge
  • ORDERBOOK SETTINGS
    • 💹Market Specifications
    • 💰Trading Fees
    • 📈Price Feeds
    • 💵ABR - Funding Rate
    • 🦑Liquidation and Margin Details
    • ⚱️Isolated Insurance Fund
  • AUDIT
    • 🔎Reports
  • API DOCUMENTATION
    • ⚙️ZKX API Documentation
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On this page
  • Start Trading
  • Review your Positions, Orders, Fills, TP/SL and Payments
  1. PRO TRADE

Trading Terminal

PreviousCross Margin Account StructureNextFunding Rates and Markets

Last updated 11 months ago

Start Trading

  1. You will have the option of 3 assets to play with: BTC, ETH & SOL, with $STRK being listed in February with leverage up to 20x.

  2. You can choose to open a Market or Limit orders.

  3. For closing orders, you can choose from Stop Loss Limit, Stop Loss Market, Take Profit Limit, and Take Profit Market orders.

  4. Each market allows for simultaneous long and short positions.

Review your Positions, Orders, Fills, TP/SL and Payments

Positions

At the bottom, you can view your positions, orders, fills, TP/SL and payment overview. Clicking on the Position tab displays your account balances, margin requirement, PnL, leverage, and volume.

  1. The "Positions" tab shows your current holdings on ZKX. There are two types: long and short.

  2. Long positions profit when the price rises but lose when it falls.

  3. Short positions profit when the price falls and often involve borrowing and selling securities to buy them back at a lower price.

Orders

Types of Orders:

ZKX Pro trading terminal supports the following order types along with advanced features.

  1. Limit

  2. Market

  3. Take Profit Limit

  4. Take Profit Market

  5. Stop Loss Limit

  6. Stop Loss Market

TP/SL

Take Profit Stop Loss orders are essential tools for managing positions and minimizing potential losses.

Filtered TP/SL orders will be shown in this tab for easy access.

We offer four types of orders:

  1. Take Profit Limit

  2. Take Profit Market

  3. Stop Loss Limit

  4. Stop Loss Market

These orders can exist in three states:

  1. Untriggered - The trigger price has not been reached to activate the take profit order.

  2. Triggered - The trigger price has been reached, but the order remains unfilled.

  3. Canceled - Orders that have been canceled.

Fills

  1. A fill results from an order execution to buy or sell securities in the market.

  2. A fill will report the price(s), timestamps, and volume of an order sent to the market's automated trading system.

Payments

  1. Payments refer to funding fees exchanged between long and short-position holders on the exchange.

  2. Fees are settled every 8 hours and calculated based on position value and funding rate at settlement time.

  3. Positive funding rates result in long-position holders paying short-position holders.

  4. Negative funding rates result in short-position holders paying long-position holders.

  5. Payment history can be viewed in the payment overview section of the platform.

Note: In the current version of our Trading terminal, we haven’t activated advanced orders. To learn more about these orders and how to execute them, please refer to the post.

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