50% bonus on deposits. Tradersway.com.

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Try Best MT4 ECN from $10 ONLY!

At Trader’s Way, Prime Online Forex and CFD broker, we offer a wide range of accounts to suit our clients’ trading requirements along with some of the most competitive trading conditions in the market. Along with featuring some of the most precise quotes in the market, traders can now trade on the interbank market with the lowest on market deposit. Clients can now opt for MT4 ECN trading, along with some of the tightest spreads on pairs, ranging from as low as Zero pips. Traders can now open orders for as little as $10 for minimum order size of 0.01 lots (1,000 units). For more information, please check out Trader’s Way.

 

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Low Commissions

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading apps, tools along with state of the art trading platforms. Clients can select their preferred account type, leverage depending on their preference and even use automated scripts on our platform. Traders can also trade with interbank quotes; take advantage of some of the most precise quotes with the tightest spreads for all currency pairs. The trade commissions are very low and apply differently for ECN accounts, where it is based on the monthly turnover. Whereas for micro or standard accounts, there is no charge as it is already included in the spread and no additional fees are charged. For more information, please check out Trader’s Way.

 

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High Leverage - Low Margin

At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients have access to the very latest in trading tools and apps, thereby enabling them to trade more effectively. Moreover, we provide all our clients with some of the most precise quotes in the market along with excellent margin trading conditions, on all accounts. Traders can opt for the preferred leverage, upwards to of 1/1000 on our Micro, Standard as well as ECN accounts. It is advised that traders should select their leverage level carefully, since a lower leverage requires a larger equity amount to keep all orders open. For more information on leverages and margins, please check out Trader’s Way.

 

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MT4 MICRO account

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading tools and apps, along with some of the most competitive trading conditions in the market today. We offer various trading accounts, from Micro to Standard, so clients can opt for the preferred account type, depending on their trading strategy. The MT4 Micro account is perfect for new traders as it provides them with real market trading conditions while limiting risk. Traders can deposit as low as ten cents and start trading right away. The MT4 Micro is the perfect trading account for new traders to test out various strategies, hone their trading skills, and test automated scripts before upgrading to other account types. The spreads on the MT4 Micro accounts are quite small, with fixed spreads starting from only 3 pips. For more information, please check out Trader’s Way.

 

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The forex market

At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients have access to the latest trading tools, applications along with state of the art trading terminals. As part of our ongoing process to provide traders with adequate information on all aspects of the market, here’s a brief recap on the forex market. The forex market, is to date, the largest decentralized market in the world, with a daily turnover exceeding $4 Trillion/day. The market is where currencies are traded, from the majors to more exotic pairs. Traders buy and sell currencies simultaneously by going long or short on a pair, like EUR USD. For more information on the market, currencies please check out Trader’s Way.

 

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Currency pairs

At Trader’s Way, Prime Online Forex and CFD broker, we offer our clients some of the most competitive trading conditions in the market, along with the most precise quotes. When traders trade currencies, they are buying one while selling the other; in short all currencies are traded in pairs, with the first currency being denoted as the base pair and the second as the quote currency. Currencies are denoted by three letters, as per the international standard for currency codes with the first two denoting the country code and the last, the currency name.

Example: When you buy EURUSD, you buy euros and sell dollars.
Example: USD = US dollar, where "US" = the United States and "D" = dollar.

For more details, check out Trader’s Way.

 

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Long/Short Position

At Trader’s Way, Prime Online Forex and CFD broker, we offer customized accounts to our clients to suit their trading strategies along with some of the most competitive trading conditions in the market. As part of our edu series, here is a brief recap on Long/Short position. When traders buy an asset, they are essentially going “long”, similarly when they sell the asset, they are going “short”. When it comes to the currency market, currencies are traded as pairs, so when traders go long on a particular pair, they are essentially purchasing and selling currencies simultaneously. So, they are going “long” on one currency while at the same time, shorting out another, from the same pair.

Example: When Sam buys EURUSD, Sam is going long for EUR and going short for USD.

For more information, details please check out Trader’s Way.

 

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STANDARD Account with FIXED Spread

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading tools and applications, along with state of the art trading terminals. We understand our clients’ trading requirements and offer them various account types including the MT4 FIX along with some of the most competitive trading conditions in the market. Our MT4 FIX is a standard account with a fixed spread starting as low as 2 pips, which is perfect for clients who use automated tools and expert advisors. Traders can trade any size starting from 0.01 Standard lot (1,000 units of base currency) and opt for leverage upwards to 1:1000. For more details, check out Trader’s Way.

 

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Bid/Ask (Offer) Price

At Trader’s Way, Prime Online Forex and CFD broker, we enable our traders to take advantage of the smallest market movements by providing them with the latest trading tools, apps along with some of the most precise quotes in the market. As part of our edu series, here is a brief recap on Bid/Ask. A trader can go short on a particular currency, by offering it to the market at the bid price. The bid price is the rate at which the market or the broker is willing to buy it from the forex trader. Similarly, the “ask” or “offer” price is the rate at which the market is willing to sell the asset to the trader.

Example: The quoted EURUSD rate at the moment is 1.3029/1.3030. This means that 1.3029 is the bid price - a trader can sell EURUSD at this price, whereas 1.3030 is the ask price - a trader can buy EURUSD at this price.

For more details, please check out Trader’s Way.

 

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The Pip and the Pipette

At Trader’s Way, Prime Online Forex and CFD broker, we offer our clients limitless trading opportunities along with state of the art trading terminals, top of the line trading tools and apps. Moreover, our clients can trade in multiple instruments along with the option to manage multiple accounts, portfolios etc. As part of our edu series, here is a brief recap on pips and pipette. The pip is the smallest price increment.

Example: Currency pair prices used to have 4 digits after the decimal point (e.g. EURUSD at 1.2539), and 0.0001 was the smallest amount by which the price could change (e.g. from 1.2539 to 1.2540).

Now, however, the prices can also vary by one tenth of a pip, or by 1 fractional pip, also called a pipette.

Example: USDJPY was usually quoted with 2 digits after the decimal point, e.g. 77.21/77.23, and 1 pip = 0.01. Now you can see the following quotation - 78.513/78.524, where the smallest price change is 0.001 = 0.1 pips = 1 pipette.

For more information, please check out Trader’s Way.

 

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Pip Value

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with state of the art trading terminals along with some of the most competitive trading conditions in the market. As part of our ongoing series, here’s a brief recap on pip value and how to calculate it. Traders can calculate their P/L changes by using the following formula to calculate the value of one pip: Pip Value = Position Volume x Counter Currency 1 pip
This gives you the value of one pip, in terms of the counter currency.
Example: Position 1 lot of EURUSD. Pip Value = 100,000 x 0.0001 = 10 USD

And traders should also be able to work out the pip value in terms of their account currency.
Pip Value in Account Currency = Pip Value / Account Currency-Counter Currency Rate
Example: Position 1 lot of EURJPY. Account Currency - USD. USDJPY = 80.00. Pip Value = 100,000 x 0.01 = 1,000 JPY. Pip Value in USD = 1,000 / 80.00 = 12.5 USD

For more information, please check out Trader’s Way.

 

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Equity

At Trader’s way, Prime Online Forex and CFD broker, we provide our clients with state of the art trading terminals, along with some of the most competitive trading conditions in the market. In addition, clients can opt for various account types as per their trading requirements, utilize EAs and other automated scripts on the platform, along with the very latest in trading tools and apps. As part of our ongoing series, here’s a recap on Equity. Once a trader closes all his open positions, the amount of money left over is termed “equity”. In short, equity equals the balance plus P&L:
Equity = Balance + P&L
Example: Sam's balance is 2,000 USD. Before he opens any positions, his equity = his balance = 2,000 USD. Sam buys 1 standard lot of EURUSD. The price goes up and his P&L is 1,000 USD. Now Sam's equity = his balance + P&L = 2,000 USD + 1,000 USD = 3,000 USD.

For more information, please check out Trader’s Way.

 

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STANDARD Account with VARIABLE Spread

At Trader’s Way, Prime Online Forex and CFD broker, we offer our clients some of the most competitive trading conditions in the market along with state of the art trading terminals and the latest trading apps. Clients can opt for the Trader’s Way MT4.VAR. account and take advantage of real market ECN trading conditions, along with variable spreads that can go as low as 0.7 pips while not paying any commission or charges. Traders can start trading on these accounts right away, with an initial small deposit, trade lots of any size starting with 0.01 Standard lot (1,000 units of base currency) and leverage their trades upwards to 1:1000. For more information, please check out Trader’s Way.

 

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Leverage

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest from streamlined accurate quotes to the very latest in trading apps. As part of our ongoing series, here’s a recap on leverage. Traders use leverage, to open positions bigger than their deposit. The leverage works more like a credit that a broker offers, to enable the trader to open larger positions and increase his P/L. A large leverage can lead to a proportional increase in risk.

Example: Sam deposits 1000 USD into his account. Sam's broker provides him with a 1/100 leverage. The maximum position Sam can open equals his deposit multiplied by his leverage = 1000 USD x 100 = 100,000 USD. Sam's P&L is correspondingly multiplied by 100.

For more information, please check out Trader’s Way

 

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Commissions

At Trader’s Way, Prime Online Forex and CFD broker, we offer our clients some of the most competitive trading conditions in the market. Moreover, due to our trading tools and latest apps, our clients are able to take advantage of even the smallest movement in the market. As part of our ongoing series, here’s a recap on Commissions. Commissions for ECN accounts are charged on per volume traded basis. You can work out the deal commission by dividing the total lots you have traded by one million and then factoring in the ECN commission value.

ECN commission = Traded Volume in USD / 1,000,000 x ECN commission in USD per 1M USD traded volume

Example: Sam is buying 1 lot of EURUSD. The current EURUSD rate is 1.3000. The ECN commission would be 30 USD per 1M USD traded volume.

Keep in mind that deal volume is measured in the base currency terms. In this example, Sam's deal volume is 100,000 EUR.

The commission when Sam opens the deal = 100,000 EUR x 1.3000 /1,000,000 x 30 USD = 3.9 USD

For more information, please check out Trader’s way.

 

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100% Deposit Bonus

At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients have access to some of the most precise quotes in the market. These quotes are derived from multiple sources and as a result of this precision; traders at Trader's Way are able to take advantage of even the smallest market movement. Moreover, now clients can take advantage of the 100% bonus on all deposits. On depositing funds, traders would just need to mail us the details and the bonus would be credited to their trading account after verification. For more details, terms and conditions regarding the bonus, please check out Trader’s Way.

 

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MetaTrader 4

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading apps, advanced charting tools along with state of the art trading terminals. Clients can access over 50 built-in technical indicators and tools or opt to use customized tools to streamline their trading and take advantage of even the smallest movements in the market. In addition, clients can use various tools to analyze trends, overlay one analytical object over another to determine long and short trends, print out diagrams, etc. For more information on Metatrader 4 and other details, please check out Trader’s Way.

 

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MetaTrader 4 for iPhone

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with some of the most competitive trading conditions in the market, along with the very latest in trading apps, tools, etc. Clients can opt to use our MetaTrader 4 for iPhone mobile for an easy, fully functional forex trading, with easy access to indicators, charts, etc. With mobile trading, clients can access their accounts even when commuting. By doing so, clients can ensure that they are able to take advantage of even the smallest market trends, analyze the market, open positions, etc. For more details, check out Trader’s Way.

 

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QuickDeal

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading tools and apps, along with the most competitive trading conditions in the market. Traders can now use our proprietary QuickDeal to place orders with a single click. It makes for some convenient and seamless trading, enabling traders to take advantage of even the smallest market movement. In addition, this tool provides traders with a range of helpful information, from current trading instrument volume, P/L, break even pricing and also a close all button to close all open positions. For more information, please check out Trader’s Way.

 

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cTrader

At Trader’s Way, Prime Online Forex and CFD broker, our clients are able to access the very latest in trading tools, apps, state of the art trading terminals, in addition to trading with some of the most precise quotes in the market. Moreover, clients can use our cTrader and the cTrader quick interface for fast seamless trading, single click functionality and trade directly with the interbank market. Trading directly with the interbank market, clients are able to access more competitive quotes, tiered pricing, better liquidity and a high degree of transparency. Dealing desk intervention is not possible and with enhanced charting tools, clients can look forward to taking advantage of even the smallest market movement. For more information, please check out Trader’s Way.