{"id":2848,"date":"2026-06-24T09:56:28","date_gmt":"2026-06-24T09:56:28","guid":{"rendered":"https:\/\/staging.uexo.com\/mena\/academy\/uncategorized\/trading-setup\/"},"modified":"2026-08-05T14:49:09","modified_gmt":"2026-08-05T14:49:09","slug":"trading-setup","status":"publish","type":"academy","link":"https:\/\/uexo.com\/mena\/academy\/trading-basics\/trading-setup\/","title":{"rendered":"Trading Setup Guide: From Account to First Trade"},"content":{"rendered":"

A trading setup is the combination of account, platform, and process that lets a trader place and manage orders in live markets.\u00a0A complete setup has three parts<\/b>: a funded account with verified identity, an installed trading platform connected to a broker server, and a defined workflow for entering and exiting positions. This guide walks through each part using UEXO, a regulated CFD broker offering forex, indices, commodities, stocks, and crypto from a single account on MT4 and MT5.<\/p>\n

The sections below cover account\u00a0selection\u00a0and funding, platform comparison and tools, and a step-by-step trading workflow inside MT5.<\/p>\n","protected":false},"excerpt":{"rendered":"

A trading setup is the combination of account, platform, and process that lets a trader place and manage orders in live markets.\u00a0A complete setup has three parts: a funded account with verified identity, an installed trading platform connected to a broker server, and a defined workflow for entering and exiting positions. This guide walks through […]<\/p>\n","protected":false},"featured_media":2879,"menu_order":0,"template":"","academy_category":[62],"academy_tag":[58],"class_list":["post-2848","academy","type-academy","status-publish","has-post-thumbnail","hentry","academy_category-trading-basics","academy_tag-intermediate"],"acf":{"blocks_single_aducation":[{"acf_fc_layout":"text","title":"How to set up a trading account","text":"A trading account is the broker-hosted ledger that holds deposits, tracks open positions, and routes orders to the market.<\/b>\u00a0UEXO's trading account<\/a>\u00a0provides single-login access to CFDs across all five asset classes, removing the need for separate accounts per instrument.\r\n\r\nWhich UEXO account type matches your capital and trading style?<\/b>\r\n\r\nUEXO offers three account types with different cost structures and minimum deposits. The choice depends on deposit size and how often a trader expects to trade.\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Account<\/b><\/td>\r\nMin deposit<\/b><\/td>\r\nSpreads from<\/b><\/td>\r\nCommission<\/b><\/td>\r\nPhone support<\/b><\/td>\r\n<\/tr>\r\n
Standard<\/td>\r\n$50<\/td>\r\n1.6 pips<\/td>\r\nNone<\/td>\r\nNo<\/td>\r\n<\/tr>\r\n
Pro<\/td>\r\n$2,500<\/td>\r\n0.8 pips<\/td>\r\nNone<\/td>\r\nYes<\/td>\r\n<\/tr>\r\n
ECN<\/td>\r\n$10,000<\/td>\r\n0.0 pips<\/td>\r\n$4 per round-turn*<\/td>\r\nYes<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n*ECN commission does not apply to crypto or shares.\r\n\r\nAll three account types include copy trading access.\u00a0Negative Balance Protection and swap-free options<\/b>\u00a0apply subject to eligibility, account type, and the regulatory entity serving your region.\r\n\r\nPro and ECN add Asset IQ, Analysis IQ, and a dedicated account representative. ECN adds the Research Terminal. Standard is the entry point for new traders; Pro fits active traders who want tighter spreads without commission; ECN suits high-volume traders who prefer raw spreads with a transparent fee.\r\n\r\nTo select right trading account type please read our detailed guide on\u00a0UEXO Account\u00a0Types<\/a>\r\n

How does account\u00a0opening\u00a0and funding work?<\/h3>\r\nUEXO uses a three-step onboarding: register, fund, verify.\r\n
    \r\n \t
  1. Register<\/b>\u00a0the account through UEXO's client portal, selecting the account type and base currency (USD or EUR).<\/li>\r\n \t
  2. Fund<\/b>\u00a0the account using card, wire transfer, Skrill,\u00a0Neteller, or crypto\u00a0check our detailed guidelines on\u00a0deposit and withdrawals<\/li>\r\n \t
  3. Complete KYC<\/b>\u00a0by uploading identification and proof of address. KYC verification is\u00a0required\u00a0to withdraw funds and unlock full account features.<\/li>\r\n<\/ol>\r\nPractice trading is available through a demo account on either MT4 or MT5. A demo runs on live market prices with virtual capital, removing financial risk during the learning phase.","image":null},{"acf_fc_layout":"text","title":"How to choose a trading platform","text":"A trading platform is the software that displays prices, executes orders, and hosts chart analysis.<\/b>\u00a0UEXO supports two platforms from\u00a0MetaQuotes:\u00a0MetaTrader\u00a04 (MT4) and\u00a0MetaTrader\u00a05 (MT5). Both platforms work with all three UEXO account types.\r\n

    MetaTrader\u00a04 (MT4)<\/h3>\r\nMT4 is the most widely deployed forex and CFD platform, used by retail traders globally since 2005. With UEXO, MT4 provides:\r\n