TradeLocker is a browser, desktop and mobile trading platform offered by a growing list of brokers and prop firms. This guide walks through the parts you need on day one: the demo, placing orders, and sizing trades so a loss stays small. Steps follow TradeLocker’s own help articles, checked November 1, 2026 — screens can change, so use them as a map rather than a pixel-perfect manual.
1. Open the free demo
- Go to tradelocker.com and choose Try Demo.
- Create a TradeLocker profile — an email address is enough.
- You land on the platform with a DEMO badge in the bottom-left corner and $100,000 of virtual funds.
- To add another demo account, click + in the account box (bottom left) and choose Add New Demo Account.
Treat the demo like real money: use the account size you actually plan to trade, not $100,000, so your position sizes and losses feel realistic.
2. Place a market order
- Search for the instrument (for example EUR/USD) and select it.
- Enter the order size in lots in the order panel.
- Optionally expand the order panel (arrow at the top right) to add a stop loss and take profit.
- Click Buy or Sell.
Always check the order type in the panel before you click — the expanded panel switches between market and pending orders.
3. Use pending, limit and stop orders
| Order | What it does |
|---|---|
| Pending | Converts automatically: above the market a buy becomes a Buy Stop and a sell a Sell Limit; below the market a buy becomes a Buy Limit and a sell a Sell Stop |
| Limit | Fills at your price or better |
| Stop | Becomes a market order once the stop price is reached, filling at the next available price |
4. Size every trade with the risk calculator
TradeLocker’s risk calculator turns a stop-loss price and a dollar risk into an order size:
- Open the risk calculator in the order panel.
- Set your stop-loss price on the chart.
- Enter the most you are willing to lose in dollars.
- The order amount is calculated for you — adjust the stop or the dollar amount until it fits your plan, then place the trade.
A common rule is risking 0.5–1% of the account per trade. On a $5,000 account that is $25–$50. You can check the lot size before you open the platform with our position size calculator.
5. Move from demo to live
Your TradeLocker profile is separate from the broker account that holds your money. To trade live you open an account with a broker or prop firm that offers TradeLocker, then connect it. That broker’s regulation, funding methods and costs matter more than the platform — compare them in our TradeLocker brokers guide.
Next: how to set stop loss and take profit on TradeLocker, including trailing stops and break even.
Frequently asked questions
Is the TradeLocker demo free?
Yes. You can open a TradeLocker demo with only an email address. It starts with $100,000 of virtual funds and no deposit is needed, according to TradeLocker's own guide.
What order types does TradeLocker have?
Market orders, plus pending, limit and stop orders. A pending order converts automatically into a buy or sell stop or limit depending on whether it is above or below the current price.
Does TradeLocker have a position size calculator?
Yes. Its risk calculator in the order panel takes your stop-loss price and the dollar amount you are willing to lose, then works out the order amount for you.