Forex and CFD Broker Trader's Way - www.tradersway.com

MT4.MICRO.

At Trader’s Way, Prime Online Forex and CFD broker, we understand our client’s trading requirements; some prefer advanced accounts like ECN whereas others may want to opt for other formats. Our MT4.MICRO was designed, especially for new traders since it enables them to trade with minimum risk. New clients can register for MT4.MICRO and deposit funds in USD. There are no minimum deposit limitations and the maximum balance is $1000 (conditions apply, should deposit increase beyond maximum). Clients can also opt for different leverages, depending on their account balance. For more information on MT4.Micro, trading conditions, check out Trader’s Way.

Forex -101

At Trader’s Way, Prime Online Forex and CFD broker, we encourage our clients to review some of our basic edu resources on trading. The currency market is huge, with over trillion dollars being transacted on a daily basis. In order to purchase EUR with USD, the trader would normally have to opt for a bank to exchange the currency. The forex market enables traders to get access some of the most competitive quotes for each currency pair and our trading platform provides clients with up to minute price feeds from various liquidity brokers. For more information on the market, do check out Trader’s Way.

CFD

At Trader’s Way, Prime Online Forex and CFD broker, we understand that some of our clients are new to trading and naturally, we encourage them to review our edu resources on trading in order to understand how the market works. As part of our series on forex education, here’s a brief recap on CFD. A CFD, or a Contract For Difference, is an agreement between two parties to exchange the difference between the opening and the closing prices of a contract at the moment of the contract closure, with this difference multiplied by the number of units of the asset specified in the contract. A CFD is a derivative linked to the underlying asset price. It does not involve physical asset delivery. A trader is not required to purchase or sell assets physically; for example, if a trader goes long on EUR/USD, they are trading in CFD’s and on closing the trade, the trader makes a profit or loss depending on the change in the price. For more info on CFD’s, do check out Trader’s Way.

Forex 101 – Currency pairs!

At Trader’s Way, Prime Online Forex and CFD broker, we encourage new traders to review our edu resources on the market to understand it better. Here’s a brief recap on currencies -Currencies differ from other assets because they are traded in pairs. In the forex market, traders trade one currency against another currency: they purchase one currency and sell the other. Therefore the trader is trading two currencies, or a currency pair, simultaneously.
Example: When the trader goes long on EURUSD, they are essentially purchasing euros and selling dollars.
Currencies in a currency pair are denoted by 3 capital letters according to the International Standard for currency codes - ISO 4217. The first 2 letters are the same as the country code (according to the International Standard for country codes, ISO 3166). And the third letter represents the currency name.
Example: USD = US dollar, where "US" = the United States and "D" = dollar.
For more information, check out Trader’s Way.

Long/Short positions!

At Trader’s Way, Prime Online Forex and CFD broker, we encourage new traders to review some of our edu resources on forex market before trading. Here’s a recap on the Long/Short positions: When a trader purchases an asset, he is essentially going “long” and “short” when selling.

Example: Sam buys stock, so he has opened a long position.

The same applies to currencies – where a trader purchases one currency while simultaneously selling the other currency of the pair. So the trader is going long for one currency and simultaneously opening a short position for another currency.
Example: When Sam buys EURUSD, Sam is going long for EUR and going short for USD.
For more information on currency market, options, check out Trader’s Way.

Bid/Ask (Offer) Price

At Trader’s Way, Prime Online Forex and CFD broker, we provide our traders with endless opportunities including the option to review some of our edu resources on Trading. As part of our series, here’s a recap on Bid/Ask. Quotes for trading instruments usually have two sides: the bid price and the ask (offer) price. The bid price is the price of an asset at which the market or broker is ready to purchase from the trader (that is, the trader can sell, or go short, at this price). The Ask or Offer price is the price at which the market/broker is ready to sell 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 information on trading, financial instruments, check out Trader’s Way.

ECN Leverage Increased to 1:1000

Trader’s Way, a prime on-line FOREX and CFD broker, is pleased to announce that it has increased the maximum leverage for MT4.ECN. accounts from 1:500 up to 1:1000. Now the leverage of 1:1000 is available for all MT4 accounts up to 1000 USD balance.

Trader’s Way constantly improves its trading conditions in accordance with its mission to provide clients with the widest opportunities for trading under one broker. Maximum leverage of 1:1000 was introduced some time ago for all MetaTrader accounts except ECN. Due to numerous clients requests the Company made a decision to extend its 1:1000 leverage offering to MT4.ECN. accounts. Now the leverage of 1:1000 is available for all MT4 accounts with the balance below 1000 USD.

Trader’s Way aspires to offer its clients the best brokerage services on the market. The Company has the widest choice of trading options, account types, markets and tools – all on the basis of supreme execution and client-oriented approach. Pursuing its course the Company will continue upgrading conditions and expanding its service range further.
To find out more about MT4.ECN. account trading conditions, check out Trader's Way.

Forex 101 – pips

Here at Trader’s Way, Prime Online Forex and CFD broker, we encourage all new traders to check out some of the basic info on the market in order to familiarize with all aspects of trading. As part of our series, here’s a recap on what the pip is all about. The pip traditionally was the smallest price increment, with relation to currency quotes.

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, prices can change by one-tenth of a pip or 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.

So the pip traditionally was the smallest price increment - 0.0001 for almost all currency pairs and 0.01 for pairs with JPY as a quote currency. And despite the fact that a currency pair can now be quoted with more decimal places thanks to more precise pricing, the pip remains the same. In our platform, traders can access most accurate quotations with 5 digits pricing. For more information check out Trader’s Way.

MT4.FIX.

At Trader’s Way, Prime Online Forex and CFD broker, we understand that each trader may have a specific trading requirement, given which we offer many types of accounts. Our MT4.FIX deals with trading with fixed spreads on our Metatrader 4 platform. Traders, who prefer to deal with fixed spread size on each trading instrument, often opt for this account. This account is perfect for traders who prefer automatic trading - realizing the spread in advance enables them to hone their trading strategy and trade effectively. For more information, check out Trader’s Way.

100% Deposit Bonus!

Trader’s Way, a prime on-line FOREX and CFD broker, is pleased to announce that it has launched a promotion campaign granting a onetime 100% bonus to any deposit. The campaign takes effect on April 08, 2013, and has a limited duration period.

Trader’s Way pursues the mission of ensuring maximum trading with maximum opportunities and freedom. Providing the widest choice of trading options on the basis of the most advanced technologies, the Company aspires to spread its values and benefits of limitless trading as much as possible. Now all its clients can enjoy a onetime 100% bonus for deposits on any MT4 account, made with Trader’s Way during the promotion campaign period, but limited up to $5,000 per client. You only need to make a deposit, send us a letter and the bonus will be credited to your trading account.

Trader’s Way aspires to offer its clients the best services on the market to provide unlimited trading opportunities. All financial markets, different types of accounts for any taste and the most advanced technologies are at your services. Enjoy the freedom of trading and live the life of maximum opportunities! For more information, check out Trader's Way.

Lot

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless opportunities including access to edu resources covering all aspects of forex trading. As part of our ongoing series, here’s a recap on lots and lot size. A lot is a standard size of a transaction. It is measured in base currency units.
The common lot sizes are:
Standard: 100,000
Mini: 10,000
Micro: 1,000
Nano: 100
Example: 1 standard lot of EURUSD = 100,000 euro; 1 nano lot of EURUSD = 100 euro.
For more information, do check out Trader’s Way.

Margin - 1

At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our traders can get access to all the information they need, in order to trade effectively. As part of our ongoing series on Forex education, here’s a brief recap on Margin and stop out levels. Margin is the amount of money required to open or maintain a position. The initial margin required to open a position equals the position divided by leverage:
Initial Margin = Position / Leverage

The maintenance margin requirement (Stop-Out Level) is the level below which the position is closed:
Maintenance Margin = Initial Margin x Stop-Out Level

For more information, check out Trader’s Way.

MT4.VAR

At Trader’s Way, Prime Online and CFD broker, we understand our clients’ trading requirements may differ from one other – which is why we offer different account packages. For example, our MT4.VAR account provides the trader with variable spreads. Traders prefer accounts with variable spreads, especially if they prefer trading in real market conditions. The spreads can vary and can get as low as 0.7 pip. The minimum transaction is 0.01 lot or 1000 units of base currency. For more information and details, check out Trader’s Way.

Leverage

At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our traders have access to all the information they need in order to trade effectively. As part of our ongoing series on forex education tips, here’s a brief recap on leverage. Traders often use leverage to open positions larger than what their account would normally allow. Leverage is more of a credit, which a trader can utilize to trade more effectively, open larger positions, take advantage of market movements, use risk management and optimize trading opportunities, etc.

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, check out Trader’s Way.

Commission

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless opportunities, resource info covering all topics related to trading, state-of-the-art trading platforms, tools and applications. As part of our ongoing series, here’s a brief recap on commissions. We charge a small commission for ECN accounts on a per-traded-volume basis. Usually, these are quoted in USD/1 million USD traded volume. Calculating the commission is quite easy, a trader can determine their volume in USD, divide it by one million and factor 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

If, for example, Sam chooses to close the deal at the same rate of 1.3000, the commission will be = 100,000 EUR x 1.3000 /1,000,000 x 30 USD = 3.9 USD

For more information, check out Trader’s Way.

MT4.ECN

At Trader’s Way, Prime Online Forex and CFD broker, our MT4.ECN account provides clients with with direct access to interbank liquidity and extremely small spreads. And the spreads can get as low as 0 pip under certain market conditions. Traders can open an ECN account with a minimum deposit of $10, and start trading with the minimum deal size being 0.01 lot (1000 units). We charge some of the lowest commission in the market for ECN accounts. For more information, check out Trader’s Way.

Metals (Gold and Silver)

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless opportunities and the ability to trade multiple instruments from a single account. Precious metals, from gold to silver have always been a premium investment option for clients for the simple reason the supply is not unlimited. In short, precious metals have an intrinsic value and can be used to hedge against inflation while providing the trader with great ROI. We make it possible for our clients to trade in precious metals with preferred leverage while taking advantage of market movements. For more information, check out Trader’s Way.

Energies (Oil and Gas)

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless trading opportunities and state-of-the art trading terminals. Since our clients have different trading requirements, we offer them multiple instruments including crude light oil and natural gas on our MT4 trading platform. Unlike other commodities, energies cannot be renewed or recycled, thereby adding more value to the product. Given the current demand, projected growth, traders often prefer to go long on energies, as a way to hedge against inflation and sudden market volatility. For more information, check out Trader’s Way.

Reliability and Safety

At Trader’s Way, Prime Online Forex and CFD trader, we provide our clients with state-of-the-art trading terminals, standalone apps and the very latest in software applications and support. Our trading terminal is based on the well-known and more popular MT4 platform. By opting for mature software products, we ensure that our client information including financial data remains secure. Data is protected and is inaccessible to intruders. In addition, we maintain segregation, with regard to client funds and maintain a positive ratio of assets to liabilities. For more information, check out Trader’s Way.

Transparent Prices

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with accurate prices, better liquidity and streamlined quotations from multiple sources. We process these quotations through our proprietary algorithms to avoid emissions, soldering and other possible results of technical errors, while ensuring accuracy and spot on prices for all currency pairs. Our clients are able to benefit from our accurate quotes and take advantage of all market movements, since we use 5 decimal pairs for most currency pairs. For more information, check out Trader’s Way.