Panel by panel

What is a broker? The panels that are the company (Nigeria)

Most of a trading screen is the market. The company behind it lives in a handful of panels, opened here one at a time.

An instruction is sent to the broker, and the broker carries it out. Little of the screen is the company: the chart is relayed market data, and the firm sits in four panels — the login, the details window, the record tab and the funds screen.

The chart is the market, so where is the company?

Nothing in the window is reached directly. Prices arriving there travel on networks no private person can connect to; the broker stands on that side, passing the feed through and sizing access down to what one person can hold.

The «buy» and «sell» buttons are the other direction. Pressing one sends an order outward; the broker executes it at the price standing that second and writes the result into the record tab. Everything between the press and that line is the company side.

On the screen	Whose side it comes from	What follows
The moving price	the market, relayed	not a fault in the window
The instrument list	the company’s choice	what is absent is not offered
The record tab	the company’s copy	the version that settles what happened

The window that prints what one instrument costs

Costs are printed per instrument, not once per account, in that instrument’s own details window — opened from the instrument list before anything is ordered.

The spread. The window quotes the same instrument twice, buying above selling. The distance between those figures is what the broker takes, already paid by the time the trade reaches the record.
Commission. On some account types the window states a flat figure per trade in place of a wider gap — compared on account types.
Swap. A line that applies only if the trade is still open overnight, as a charge or a credit, stated in the same window beforehand.

Two instruments on one account can carry different figures, so checking one window and assuming the rest is checking nothing. No trade is free.

The panels nobody opens in the first week

Panel	Why it stays shut	What it settles
The instrument details window	the chart shows a price already	what a trade costs beforehand
The list of closed trades	the balance is quicker to glance at	every cost already paid
The connection line	one word in a corner	whether an instruction can leave
Support, open 24/7	asking feels like an admission	who explains an odd figure

Money in and out has its own page in deposit and withdrawal basics; an odd figure goes to the help page.

What the account behind the panels changes

The panels are identical whichever account is loaded; money and paperwork differ. A demo account holds virtual money — email, password, no documents, no time limit (the demo page). A real account adds an identity check with documents (how opening an account works). Demo results do not guarantee the same results on a real account.

What no panel shows about a company

Who supervises it. Regulated means official financial authorities watch a broker and set rules it must follow; no panel shows it. Exness, used for examples here, is a globally regulated broker holding multiple licenses from respected financial regulators around the world.
What price comes next. Every reading describes what already happened; nobody can promise a result.
What to trade. No panel chooses; support answers questions rather than picking trades.
Who wrote this page. This site is an independent guide, not a broker: it opens no accounts, holds no money and takes no documents.

Negative Balance Protection

Not a panel and not a setting, but a term of the account: a balance pushed below zero is reset to zero.

Negative Balance Protection limits losses to the money deposited.

Questions asked with the panels open

Which part of this screen is the company, and which part is the market?

Prices are the market, relayed. The account panel, record and funds screen are the company.

Why is a company named on the sign-in step at all?

The platform is a window, not a market: it is pointed at the broker holding the account.

Why do two instruments on the same account cost different amounts?

Spread and swap belong to the instrument, each with its own figures.

Is the list of closed trades my record or the broker’s?

The broker’s, kept as one running list; your own copy beside it still helps.

The balance line and the closed record disagree. Which one is settled?

The record. A balance line is live, so a gap usually means something is still open.

What reaches the market if the platform loses its connection?

Nothing new. An instruction must reach the broker to be executed; the record shows whether it did.

Which panel is open when a charge needs explaining?

The record, showing that trade, with support reachable 24/7. A figure from memory is harder to answer.

What is missing from these panels while nothing has been deposited?

Only real money. Prices, costs, the record and the buttons are all there on a demo.

Is Negative Balance Protection a panel, or a term?

A term of the account, displayed nowhere. Below zero the balance is reset to zero.

Is there a panel that decides a trade for me?

No. A broker executes instructions and the platform sends what is pressed; the choices stay with you (risk basics).

Panels with a page of their own

What is a CFD?

Why the screen says gold while no gold arrives.

Understand CFDs

Trading words

Plain meanings for the labels printed on each panel.

Open the glossary

What is forex?

The market those relayed prices come from.

Read about forex

Open these panels yourself

A demo puts every one on screen: virtual money, no documents, no time limit.

The button is a partner link — it leads to the official exness.com sign-up page.

Open a free demo at Exness