Thread: Trader's Way - www.tradersway.com - 55% deposit bonus

Spread


At Trader’s Way, Prime Online Forex and CFD broker, we make it possible for our clients to take advantage of the limitless opportunities by providing them with some of the most accurate quotes in the market. As a result, we are able to offer traders some of the lowest spreads in the market, for all accounts. Clients can now opt for fixed spreads ( starting at 2 pips) or variable spreads (starting from 0 pips). For certain pairs, such as EUR/USD, the difference between the bid price and the ask price can get as low as 0 pip, depending on market conditions.
Example: The current rate for gold is 1750.1/1750.2. This means that the spread is 1750.2 - 1750.1 = 0.1.
For more information on spreads, accounts please check out Trader’s Way.

Pip, the basics


At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients stay informed, with the latest market news, analysis, reports etc. We provide our clients with endless opportunities and coupled with state of the art trading platform, they are able to capitalize on the latest trends and patterns. As part of our recap on basics, here’s a closer look at pip. The pip used to be smallest price increment but now prices can also change by 1/10th of the pip, called the 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 details on pip, please check out Trader’s Way.

100% Deposit Bonus


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with limitless opportunities, a range of financial instruments to trade, customized accounts, latest software apps and tools etc. Moreover, clients can take advantage of our bonus offer and get 100% of the deposit back as bonus. Once the client sends in an email with the account information, we’ll credit the bonus to the respective account. Do note certain terms and conditions do apply and to review the lot, do check out Trader’s Way.

GBPUSD I recommend opening short position if the price breaks the level 1.56154 and the target of bearish movement will be 1.55771. details

Pip Value


At Trader’s Way, we ensure that our clients are able to access accurate spot rates for all currency pairs and as a result of this accuracy - we have some of the lowest spreads in the market. New traders are often not sure how to work out the pip value so here’s a brief recap on how to work out the Pip value, the P/L positions etc. To work out the Pip value, traders can use the formula listed below and track their profit/loss accurately.
Pip Value = Position Volume x Counter Currency 1 pip
Example: Position 1 lot of EURUSD. Pip Value = 100,000 x 0.0001 = 10 USD
And if traders need to know the corresponding pip value in terms of account currency, they can use the formula listed below.


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 on pip value, other aspects of trading do check out Trader’s Way.

Equity


At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients are able to access the latest trading tools and applications, streamlined quotes, advanced charting tools and analysis. We encourage all traders, especially those new to forex trading, to review our edu resources to get a read on the all the terms used in currency trading. Here’s a brief recap on Equity. When a trader closes all his open positions, the balance is termed “Equity”.
Equity stands for the balance, after adding 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 = 3,000USD.


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

Metatrader 4 for iPhone


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the latest trading apps, including mobile trading. With Mobile trading, clients can manage their trades from all portable devices, including iPhone. MetaTrader 4 for iPhone allows traders to review their trades in real time, review charts, monitor positions, receive and read up on all the latest analysis. Mobile trading, especially o iPhone platform makes it possible for the client to trade conveniently, while on the move. Clients can log into their terminal, use indicators, set SL/TP, take positions, and close it later on. With mobile trading, clients can trade from anywhere in the world. For more information, check out Trader’s Way.

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 best trading conditions. Moreover, clients can now access some of the tightest spreads, accurate quotes on our MT4 ECN account. With this account, they can take advantage of interbank quotes, open positions for as little as $10 USD starting at 0.01 standard lot or 1000 units of base currency. The spreads on these accounts can go as low as 0 pips. In addition, clients can opt for the preferred leverage while trading on our MT4 ECN account. For more details, please check out Trader’s Way.

QuickDeal


At Trader’s Way, Prime Online Forex and CFD broker, with our state-of-the art trading platforms, we ensure our clients have the widest opportunities for trading. Moreover, we offer our clients several trading tools and applications, designed to help them trade more efficiently. For example, with QuickDeal, clients can open an order with our one click trading tool on our MT4 platform. Often traders would face a slight time lag when placing orders but with QuickDeal, they can open positions with a single click, making trading much more convenient. In addition to enabling traders to open positions instantly, the tool provides them additional information on the currency pair, such as net volume, P/L, break even and even the ability to close all open positions with the “close all” button. For more information, check out Trader’s Way.

cTrader


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with state of the art trading tools and applications, along with some of the most precise quotes in the market. Our Clients can now trade on the interbank market, with cTrader – enabling them to access better liquidity, precise quotes, single click order placing and fast execution. Trading on the cTrader, ensures that the client is trading directly with global banks which results in better prices, transparency. There’s no dealing desk intervention and with cTrader, clients can either opt for manual or automatic trading with our special algorithmic platform –cAlgo. For more details, check out Trader’s Way.