Learn the basics of our trading platform and start your journey
Welcome to WG! We're thrilled to have you join our community of traders. Whether you're completely new to trading or transitioning from another platform, this guide will walk you through everything you need to know to get started on your trading journey with confidence.
Starting your trading journey with WG begins with creating your account. We've streamlined this process to be as smooth and straightforward as possible, while ensuring we maintain the highest security standards to protect your information and funds.
When you visit our registration page, you'll be greeted with a simple form that asks for your basic information. We only collect what's necessary to create your account and comply with financial regulations. You'll need to provide your full name, email address, country of residence, and create a secure password.
We recommend using a password that's unique to your WG account - something that combines uppercase and lowercase letters, numbers, and special characters. This might seem like extra work, but it's your first line of defense in keeping your account secure.
Once you've submitted your registration, check your email inbox for a verification message from us. This usually arrives within minutes, though occasionally it might take a bit longer. If you don't see it, check your spam folder - sometimes our emails end up there by mistake. Click the verification link in the email to confirm your address and activate your account.
After your email is verified, you'll need to complete our Know Your Customer (KYC) process. This is a standard requirement across all legitimate trading platforms, designed to prevent fraud and ensure the safety of our trading community.
Once you're logged in, you'll find yourself on your personal dashboard - the command center for all your trading activities. At first glance, it might seem overwhelming with all the numbers, charts, and options, but let's break it down into manageable sections.
Your dashboard is designed to give you a comprehensive overview of your trading account at a glance. In the center, you'll see your account balance and any open positions you might have. The performance chart shows how your account value has changed over time, helping you track your progress.
On the left side, you'll find quick access to market data for your favorite trading instruments. You can customize this list to show the assets you trade most frequently. Real-time prices update continuously during market hours, keeping you informed of market movements.
The right side of your dashboard displays recent market news and analysis from our research team. Staying informed about market events is crucial for making educated trading decisions, and we make sure you have access to the latest information.
The navigation menu is your gateway to all platform features:
Now comes the exciting part - placing your first trade! We understand this can feel daunting, but we'll guide you through each step to ensure you feel confident and prepared.
Start by navigating to the Markets section and browsing through the available instruments. For beginners, we often recommend starting with major forex pairs like EUR/USD or well-known stocks, as these tend to have good liquidity and plenty of available information.
Take time to research your chosen asset. Look at its price history, read recent news about it, and try to understand what factors influence its price. Our platform provides comprehensive charts with various timeframes - from one-minute charts for day traders to monthly charts for long-term investors.
Before placing your trade, it's important to understand the different order types available:
When you're ready to trade, click on your chosen asset and select either "Buy" or "Sell" depending on whether you think the price will rise or fall. Enter the amount you want to trade - we always recommend starting small while you're learning.
Consider setting a stop-loss order to limit potential losses. This is a crucial risk management tool that automatically closes your position if the market moves against you. You might also want to set a take-profit order to automatically secure profits when your target price is reached.
Review all the details carefully before confirming your trade. Check the amount, the direction (buy or sell), and any stop-loss or take-profit levels you've set. Once you're satisfied, click confirm and congratulations - you've placed your first trade!
As you begin your trading journey, keep these important principles in mind to help you develop good habits from the start.
We strongly recommend practicing with our demo account before trading with real money. Our demo account provides the exact same trading experience as a live account, but with virtual funds. This allows you to familiarize yourself with the platform, test different strategies, and make mistakes without financial consequences.
Spend at least a few weeks on the demo account, treating it as seriously as you would a real account. Keep a trading journal noting what trades you make and why. This practice will be invaluable when you transition to live trading.
This is perhaps the most important rule in trading. Only use money that you can afford to lose without affecting your lifestyle or financial obligations. Trading should never be done with money earmarked for rent, bills, or other essentials.
Set aside a specific amount for trading - your trading capital - and stick to it. As you gain experience and potentially grow your account, you can consider adding more funds, but always maintain this disciplined approach to money management.
Stop-loss orders are your safety net in trading. They automatically close your position when the price reaches a predetermined level, limiting your potential loss on any single trade. Make it a habit to set a stop-loss for every trade you make.
A good rule of thumb is to never risk more than 1-2% of your account on any single trade. This means if you have a $1,000 account, you should set your stop-loss so that the maximum you can lose on one trade is $10-20. This approach ensures that even a string of losing trades won't devastate your account.
The financial markets are constantly evolving, and successful traders never stop learning. Take advantage of our educational resources, including webinars, tutorials, and market analysis. Read books about trading, follow market news, and learn from both your successes and failures.
Join our community forums to connect with other traders. Sharing experiences and learning from others can accelerate your development as a trader. Remember, even the most successful traders started as beginners and made their share of mistakes along the way.
We understand that questions and challenges will arise as you navigate your trading journey. That's why we've built a comprehensive support system to assist you whenever you need help.
Our FAQ section covers the most common questions new traders have. It's organized by topic and searchable, making it easy to find answers quickly. We update it regularly based on the questions we receive from traders like you.
If you can't find what you need in the FAQ, our customer support team is available 24/7 through live chat, email, and phone. Our support representatives are knowledgeable traders themselves and can help with everything from technical issues to trading questions.
Our community forum is a vibrant space where traders of all experience levels come together to share ideas, strategies, and support. You'll find discussion threads on various topics, from platform features to market analysis. Don't be shy about asking questions - our community is welcoming and remembers what it was like to be new to trading.
We also host regular webinars covering different aspects of trading. These live sessions allow you to learn from experienced traders and ask questions in real-time. Recordings of past webinars are available in your account area for review at your convenience.
Starting your trading journey with WG is an exciting step toward taking control of your financial future. While trading involves risks and requires dedication to master, the potential rewards - both financial and personal - make it a worthwhile endeavor.
Remember that successful trading is a marathon, not a sprint. Take your time to learn, start small, and gradually build your skills and confidence. With our platform's powerful tools, comprehensive educational resources, and supportive community, you have everything you need to succeed.
Welcome to WG, and here's to your trading success!
