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Overview
SandstoneFX.com, managed by several financial brokerage companies, offers a streamlined platform for trading financial instruments, making it accessible for investors seeking affordable opportunities. The platform operates entirely online through web browsers, eliminating the need for software downloads, and includes a mobile app available for smartphones, ensuring flexibility for traders worldwide.
Platform Design and Features
The SandstoneFX Web Trader is designed for ease of use and functionality. The interface prioritizes charts, which display real-time “sell” prices by default, with options to switch to “buy” prices. Charts can be visualized as candlesticks, bars, areas, or lines, with 10 timeframes ranging from 1 minute to 1 month. Users can zoom in or out using the mouse scroll wheel and adjust horizontal (time) or vertical (price) scales by dragging the respective axes. A Drawings Toolbar, located between the tools and charts, allows users to add technical objects like Fibonacci retracement, trend lines, text, or icons. Technical analysis enthusiasts can access over 100 indicators, listed alphabetically with a search function. Charts can be expanded to full-screen mode, and a Settings menu enables customization of object colors and price change periods (1 day to 5 years). A dedicated button in the bottom-right corner provides options for adjusting scale settings, and a reset button restores default chart configurations if needed.
Trading Instruments
Instruments are organized on the left side of the interface, categorized into groups such as Forex, Indices, Stocks, Cryptocurrencies, and Commodities, with a Favorites section for quick access. A search bar at the top filters instruments by symbol, displaying a “+” icon to add them to Favorites. The Edit button allows drag-and-drop sorting of the Favorites list, with changes saved via a Save button that replaces the Edit option. Selecting an instrument opens a detailed trading panel with key information.
Instrument Details and Trading
The trading panel displays the instrument’s price range over periods from 1 day to 1 year, along with recent price changes (5 minutes, 30 minutes, or 1 hour) and relevant news impacting its value. Additional details include minimum spread, minimum trade size, swap rates, and margin requirements. To trade, users click the “Buy” or “Sell” button, specifying the trade volume and choosing between market or pending order execution. The default market execution model fills orders at the next available price, potentially with slippage. Open positions appear in the Open Trades section, where stop-loss and take-profit levels can be added. Setting stop-loss or take-profit before opening a position activates the instant execution model. Notably, stop-loss orders are guaranteed to be fulfilled at the specified price, regardless of market volatility, at no extra cost. The platform also integrates a news feed, delivering financial and corporate updates to inform trading decisions.
Conclusion
The SandstoneFX Web Trader is a well-designed, user-friendly platform suitable for both novice and experienced traders. Accessible on any modern browser and complemented by a mobile app, it offers robust tools for technical analysis, including over 100 indicators, customizable charts, and guaranteed stop-loss execution. With comprehensive asset coverage and real-time market insights, it’s a reliable choice for online trading.
