Uncategorized Web Platforms

TradeBerry WebTrader

The company R Capital Solutions Ltd operates under a trade name trade.Berry. It is a brokerage firm that is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).  R Capital Solutions Ltd in collaboration with Toomit Limited has developed a web-based trading platform called Web Trader.

The platform looks well-arranged and equipped with enough features. There are three resizable modules and а main bar at the top of the workspace. The assets available for trading are in the left module. It is simple and shows the most important information. Clicking on the search box shows the context menu and you can choose which asset class to be shown.

You can also search for instruments by typing their names in the box. You can create your favorite list by selecting the star in front of the instrument. Each line in this module shows the name of the instrument, the bid and the ask prices, and the time of the last price update. Clicking the instrument name opens its chart into the chart module.

Orders can be placed by double clicking the instrument line. The instrument window becomes the Trade window and here you can set the type of order (market or pending), the amount and the associated stop loss and take profit orders. Clicking the Buy or Sell button or the Place order button opens the position or places the pending order.

Already open positions can be viewed in the Position module at the bottom of the platform where they can be closed or modified. They are shown as lines in the charts. Pending orders are visualized as lines and you can modify them by dragging and dropping them to the desired price.

The chart module is on the right. All features are accessible from the menu buttons located at the top and the left side of this module. Although the company claims that you can trade directly from the chart, we could not find a way to do so. Charts can be maximized and occupy the entire space or can be opened in a new browser tab. Chart types include candlesticks, HeikinAshi, bars, lines, and area. Time frame starts from one minute and can be up to a year. Zooming can be done by the dedicated buttons or by the mouse scroll wheel.

Graphical objects include different types of lines, geometric shapes, text, pattern tools, a tool for measure, and Fibonacci retracement. Nearly 80 technical indicators are available from the Indicators menu. The Chart properties button allows all chart settings to be customized including styles, scales, background settings, fonts, and colors.

The bar containing account information such as account balance, margin requirements, and current profit/loss is below charts. Another bar with menu buttons is at the top of the workspace. The buttons contain links to news, analyses, and copy trading options but most of them were broken.

Overall, the platform is well organized and provides all the necessary trading tools. It is suitable for all types of traders, but the more experienced would probably prefer the MetaTrader platform, which unfortunately the company does not offer.

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