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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.
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Forex
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading technology, latest apps, and state of the art trading terminals. Clients can opt for their preferred instrument to trade in, from the same account along with some of the most competitive quotes in the market. Here’s a brief recap on the market. The forex market is the largest decentralized market with a daily turnover exceeding $4 trillion. Clients can trade in various instruments, from metals to currency pairs. The forex market is where one currency is exchanged for the other, at a specified rate. These rates are determined by various factors, including global cues, demand and supply etc. For more information on the market, please check out Trader’s Way.
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cAlgo
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. With cAlgo, our special proprietary algorithmic platform, clients can build, customize their expert advisors, custom technical indicators by using C#. In addition, clients can collaborate with other traders to develop and share robots without having to build one from scratch. Moreover, clients can test their automated scripts right away by using “plug and play”, providing for testing in a live trading environment. For more information, please check out Trader’s Way.
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Try Best MT4 ECN from $10 ONLY!
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 with state of the art trading terminals, apps and unlimited trading opportunities. Now clients can start trading on ECN accounts, with lowest-on-the-market deposit and access interbank quotes and better liquidity. Clients can count on some of the most precise rates along with the lowest spreads in the market, which can go as low as 0 pips under some market conditions, as they would be trading on the interbank market directly. Clients can now open ECN accounts and start trading by depositing only $10 and open orders for as little 0.01 lots (1,000 units). For more information, please check out Trader’s Way.
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VPS Hosting Service
At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our traders are able to access the most precise quotes along with the most competitive trading conditions in the market. Moreover, with our very latest trading apps, state of the art trading terminals, we offer our clients a limitless 24/7 VPS hosting service. Clients can use the VPS and access our remote servers, thus ensuring that their custom built indicators, expert advisors and other scripts function, round the clock. Our VPS remote servers are located close to our main servers and come with maximum uptime with little or no downtime. For more information, please check out Trader’s Way.
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MT4 MICRO account
At Trader’s Way, Prime Online Forex and CFD broker, we offer our clients the very latest in trading tools, apps along with some of the most competitive trading conditions in the market. Moreover, clients can choose the account type, depending on their trading strategy. The MT4 MICRO is perfect for both new traders and experienced ones, as it allows for a real time environment to practice trading, to test run and develop various trading strategies. Clients can start trading right away, to experience live trading with minimum risk/ exposure by opening orders of just 0.1 of a micro lot (100 units of base currency). For more information on MT4 MICRO, please check out Trader’s Way.
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MT4 Trading Signals
At Trader’s Way, Prime Online Forex and CFD broker, clients have access to state of the art trading terminals along with a host of trading apps including advanced charting tools. Clients can use the built in social trading service to copy trading signals from other providers. The platform makes it easy for traders to review signals based on certain specs, subscribe to the selected trading signal - after which, all trades are automatically copied into the trader’s account. All signal providers are carefully vetted and clients can choose from a whole range of signals, from free to paid version. For more information, please check out Trader’s Way.
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Metals (Gold and Silver)
At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients have access to the most precise quotes along with the very latest trading aaps and tools, in order to take advantage of even the smallest market movement. In addition to precise quotes traders can opt to trade in metals like gold and silver. Trading in metals is always a preferred option for many traders on account of the fact that it can be used to hedge against inflation and sudden market volatility. While other markets are more susceptible to global cues, metals carry an intrinsic value and on account of increasing demand and fast depleting resources, are bound to increase in value over time. While other instruments like currencies face external pressures like Government debt, interest rates, the rates of these metals tend to be stable. For more information, please check out Trader’s Way.
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FxStat Autotrading
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with state of the art trading terminals, apps and endless trading opportunities. We offer clients some of the most competitive trading conditions in the market, in addition, traders can opt for FxStat Autotrading. FxStat is where traders can review, sort and evaluate trading signals and copy trade the same in real time. Along with a completely automated trade replicator, FxStat makes it possible for traders to create portfolio of best performing currencies, monitor their positions, micro manage multiple accounts, review in depth account reports, etc. For more information on FxStat Autotrading, 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 ensure that our clients are able to take advantage of even the smallest movement in the market by providing them with the latest trading apps, advanced charting tools along with state of the art trading terminals. Clients can opt for a preferred account type, depending on their trading strategy. With MT4.FIX. ,the spread is fixed at 2 pips; clients can trade knowing the spread befo*****d, making this account type perfect for those trading with expert advisors, automated scripts. Clients can trade any lots starting with 0.01 Standard lot of 1,000 units of base currency. For more information, please check out Trader’s Way.
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Tradeo Social Trading
At Trader’s Way, Prime Online Forex and CFD broker, we offer traders customized accounts along with state of the art trading terminals, aaps and the latest trading tools. Clients can now access extremely precise quotes, better liquidity and seamless execution on our platforms. In addition, traders can now use Tradeo, a free online community, to interact with other traders, share information, knowledge, analysis and even signals, thereby enabling traders to effectively strategize and take advantage of even the smallest market movement. Tradeo also offers detailed analytics along with global feeds, thereby providing all traders with an insight into market trends. For more information, please check out Trader’s Way.
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MAM for MetaTrader 4
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 and tools. Clients can opt for the preferred account type depending on their trading strategy, along with some of the most precise quotes in the market. In addition, they can use our Multi Account Manager (MAM) software for MetaTrader 4 to manage several accounts. With MAM, asset managers can seamlessly manage several client accounts, while getting access to all the features of a trading terminal, including the option to use automated scripts, expert advisors. For more information, Please check out Trader’s Way.
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Currency Pair
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading apps, trading tools along with state of the art trading terminals. As part of our ongoing edu series on the market, here’s a short recap on “currency pair”. Unlike other instruments, Currencies are traded against each other, in pairs. When a trader goes long or short on a currency pair, he is essentially buying one currency while selling the other at the same time.
Example: When you buy EURUSD, you buy euros and sell dollars.
Currencies in a currency pair are represented by three letters, according to the International Standard for currency codes - ISO 4217. The first 2 letters stand in for the country code and the last letter represents the currency.
Example: USD = US dollar, where "US" = the United States and "D" = dollar.
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, clients can access competitive trading conditions in the market along with the very latest in trading apps, tools. In addition, clients can opt for their preferred account type, depending on their trading strategy. Our MT4.VAR. account provides all traders with a unique account that features real market ECN trading conditions, with variable spreads that can go as low as 0.7 pips. The MT4.VAR combines the best features of as standard account with ECN, resulting in extremely tight spreads, without any commission charges. Traders can trade any size starting with 0.01 Standard lot (1,000 units of base currency) with leverage upwards to 1:1000. For more information on MT4.VAR, please check out Trader’s Way.
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Long/Short Position
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the most competitive trading conditions in the market, along with countless trading opportunities. We believe that traders need to stay informed on all aspects of the market. Given this, here’s a brief recap on “long/short position”. When a trader buys a currency, he is essentially going “long” for one currency but since currencies are traded as a pair, he is simultaneously “short” with the other currency.
Example: When Sam buys EURUSD, Sam is going long for EUR and going short for USD.
For more information and edu resources, please check out Trader’s Way.
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Reliability and Safety
At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients are able to take advantage of even the smallest market movement by providing them with the latest trading tools along with state of the art trading terminals. Our trading terminals utilize peer reviewed technologies from the very in the field. Clients can be assured that their data remains protected and our focus remains firmly on ensuring that all transactions are kept secure from any external threats. Moreover, we assure that our clients’ funds are kept segregated while maintaining a positive ratio of assets to liabilities. For more information, please check out Trader’s Way.
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Try Best MT4 ECN from $10 ONLY!
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading apps, tools to enable them to take advantage of even the smallest market movement. In addition, we provide our clients with some of the most competitive trading conditions in the market. Now, our clients can start trading on MT4 ECN account with full access to interbank market, by just depositing 10 USD. As a result, these clients are able to gain access to better liquidity, precise quotes, spreads starting with Pips and extremely fast execution. Traders can start trading right away with orders starting from 0.01 lots or 1,000 units of base currency. For more information, please check out Trader’s Way.
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Transparent Prices
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading applications along with state of the art trading terminals. Clients can access some of the most competitive trading conditions in the market along with very precise quotes in the market, derived from multiple sources of liquidity. As a result, with these accurate quotes, upwards to five decimal points, we are able to establish spreads that are less than a pip, depending on the currency pair and market conditions. For more information, please check out Trader’s Way.
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Low Spreads
At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients have access to the latest in trading tools, apps and trading terminals. Moreover, with our access to liquidity, from multiple sources and our proprietary algorithm, we are able to provide some of the most precise quotes in the market along with minimum spreads for any account type. Clients can expect fixed spreads to start at 2 pips whereas with variable or floating spreads, they can go as low as 0 pips, depending on market conditions. As a result of these low spreads, we are able to offer some of the most competitive trading conditions in the market. For more information, please check out Trader’s Way.
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Forex
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. Here’s a short recap on the forex market -The foreign exchange market (FOREX) is the largest decentralized market in the world today, with a daily turnover, exceeding $4 trillion. Traders trade currencies in the forex spot market, by exchanging one currency for the other, at specific set rates. These rates are determined by a variety of factors, from global cues to demand. The currency rate for each currency pair fluctuates widely, along with the spread. Clients can use our platform to trade a variety of currency pairs and even exotic ones with state of the art trading terminal, latest trading apps, tools, etc. Clients can opt for a variety of accounts, along with fixed or floating spreads, depending on their trading strategy. For more information on the forex market, types of accounts available 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 provide our clients with the very latest in trading apps, software, along with state of the art trading terminals. When it comes to trading, traders need to stay informed and in line with that, here’s a brief recap on high leverages and low margin. At Trader’s Way, we provide our clients with some of the most competitive trading conditions along with excellent margin for all account types, from micro to ECN. Clients can opt for the preferred leverage upwards to 1/1000 and trade accordingly. However, traders should be aware that lower the leverage, the higher the equity at which positions will get stopped out.
Example:
Your account has a leverage ratio of 1:100. If you open a position for 100,000 EUR/USD at the rate of 1.40, your margin will be 100,000 x 1.40 / 100 = 1400.
X = Stop-Out level x Margin = 0.4 (40%) x 1400 = 560
For more information, please check out Trader’s Way.
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Free Demo Access
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 state of the art trading terminals, custom accounts, latest trading apps, etc. In addition, we offer all clients a demo account to practice on, free of any risk. Traders can use these accounts to learn the ropes, work out how to enter and exit trades, trade without any risk to their capital, streamline trading strategies etc. Our demo account mirrors our real account so traders practicing with a demo account, can use it to learn how different types of accounts work, run their custom EA and other automated scripts, and do a dry run for their various trading strategies. For more information, please check out Trader’s Way.
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cTrader Mobile Apps
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest, from state of the art trading terminals to trading apps. We offer traders some of the most competitive trading conditions in the market, with precise quotes and extremely tight spreads. Now, with mobile trading, clients can check their accounts, access all features of the platform and even place orders – simply put, with cTrader Mobile Applications for Android and iOs operation systems, clients can trade on-the-go, from anywhere in the world. For more information on mobile apps, mobile trading, please check out Trader’s Way.
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MetaTrader 4
At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients are able to take advantage of even the smallest market movement by providing them with state of the art trading terminals along with some of the most competitive trading conditions in the market. In addition, we provide our clients with customized trading accounts, more suited to their trading requirements. Our MetaTrader 4 client terminal comes packed with a wide range of impressive analytical tools. In addition to multiple timeframes for each instrument, clients can use custom built scripts on our platform. The MetaTrader 4, along with the various analytical tools, does help the trader gauge the market trend, strategize entry exit points, among other things. 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 provide our clients with the most competitive trading conditions in the market, along with advanced trading tools and apps. Traders can now operate their accounts, place orders, close all pending orders with QuickDeal, making for some easy convenient trading. In addition, traders can receive 100% bonus on their deposits. Once the client sends details regarding the deposit, the bonus is credited to their account, on verification. For more information regarding bonus and other details, please check out Trader’s Way.
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Payments by Payza available now
Trader’s Way, a prime on-line FOREX and CFD broker, is pleased to announce that it has introduced a new payment method - Payza.
The new money transfer option, added into Traders Way’s Private Office, will make deposit and withdrawal operations easier and more convenient.
From now on, Trader’s Way’s customers can deposit funds into their trading accounts using their Payza eWallets. The introduction of the wide-spread and popular payment system was aimed at further improvement of our service for clients’ convenience.
Trader’s Way aspires to provide free, limitless trading expanding your opportunities and allowing you to live the life you want. The company is committed to constant upgrading of its trading conditions, technologies and services. It highly values its customers and respects their needs and will keep on adding new convenient payment methods in the near future. For more details, check out Trader's Way.
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QuickDeal
At Trader’s Way, a prime on-line FOREX and CFD broker, we ensure that our clients have the decided advantage by providing them with some of the most competitive trading conditions along with the very latest in trading tools and state of the art trading terminals. Clients can access some of the most precise quotes, smallest spreads for all major pairs, advanced charting tools and utilize automated scripts on the platform. With Trader’s Way, Quick Deal, clients can open orders with a single click of the mouse, use the tool to check out other details from P/L to a close all button. Now, traders can trade more conveniently and with ease. For more details, check out Trader’s Way.
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cTrader
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with state of the art trading tools along with some of the most competitive trading conditions in the market. In addition, clients have direct access to the interbank market through our new user friendly platform, cTrader, designed solely for ECN trading. Along with interbank quotes, clients can expect better liquidity, accurate quotes from multiple liquidity brokers, single click functionality, trading without any dealing desk intervention. For more information, please check out Trader’s Way.
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MT4 ECN Account
At Trader’s Way, Prime Online Forex and CFD broker, our clients have access to the latest in trading apps, technologies including state of the art trading platform. Apart from this, we provide our clients with extremely precise quotes, along with some of the most competitive trading conditions in the market. Along with automated scripts, clients can opt for the preferred account, depending on their requirement. The Trader’s Way MT4.ECN. account is a unique account which provides clients with direct access to the interbank market, better liquidity, and some of the smallest spreads for all currency pairs. Traders can trade any lot starting with 0.01 lot (1,000 units of base currency) while enjoying a leverage ratio of up to 1:1000. For more information, please check out Trader’s Way.
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cTrader Web
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the most competitive trading conditions on the market, enabling them to take advantage of even the smallest market movement. Now, with cTrader and our cTrader web, which supports all major browsers, clients can access the interbank market from any place in the world, and look forward to precise quotes, extremely tight spreads, better liquidity, along with a host of additional features. Traders can utilize the various trading apps on the cTrader account, including advanced charting and technical analysis. Traders can also use chart shots on cTrader, for analysis and streamline their trading strategies. For more information, please check out Trader’s Way.
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MT4 MICRO account
At Trader’s Way, a prime online Forex and CFD broker, our clients have access to the very latest trading tools along with state of the art trading terminals. We ensure that our clients have access to the very latest in trading apps, thereby being able to take advantage of the smallest trends in the market. Our MT MICRO is perfect for both beginners and more experienced traders; for beginners it is perfect as it allows them to trade with real low risk, while gaining more valuable trading experience by trading in a live environment. For the more experienced traders, the MT MICRO is perfect for testing and streamlining their various trading strategies with little risk and limited exposure. Traders can trade lots of any size starting just 0.1 of a micro lot (100 units of base currency) while opting for preferred leverage upwards to 1:1000. For more information, please check out Trader’s Way.