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

Pip Value


At Trader’s Way, Prime Online Forex and CFD broker, we ensure our clients have access to all the latest trading tools and applications along with the option of trading multiple instruments from a single account. We believe that all traders need to stay informed, of all aspects of the currency market in order to trade effectively. And as part of our ongoing edu series, here’s a recap on “Pip value”. In order to accurately work out the P/L position, traders need to calculate the value of the pip. Traders can correctly calculate the pip in terms of counter currency or account denominated currency using the example shown here.


Pip Value = Position Volume x Counter Currency 1 pip
As a result, you get 1 pip value in terms of the counter currency.


Example: Position 1 lot of EURUSD. Pip Value = 100,000 x 0.0001 = 10 USD
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 details, check out Trader’s Way.

Margin


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with state of the art trading terminals, a user friendly interface and the very latest in trading tools and apps. Our clients can opt for the preferred account type depending on their trading strategy. As part of our ongoing series, here is a recap on margins, stop out levels, etc. The Margin is the amount of money required to open/ maintain a position. The initial margin required to open an order/position equals the position divided by leverage. The Stop out level is below which all open positions are closed automatically, whereas free margin is the amount of equity a trader requires to open new positions.


Example: Sam's account balance is 2,000 USD. His leverage is 1/100. Sam wants to open 1 standard lot of EURUSD. The current EURUSD rate is 1.3000. Stop-out = 10%.
Initial Margin = 100,000 EUR / 100 = 1,000 EUR (or 1% margin requirement) = 1,300 USD
In this example Sam needs to have 1,300 USD on his account to open 1 lot of EURUSD.
Maintenance Margin = 1,300 USD x 10% = 130 USD
When equity on Sam's account goes below 130 USD, the position will be closed automatically.
Used Margin = SUM (All Initial Margins) = 1,300 USD
Equity = 2,000 USD
Free Margin = 2,000 USD - 1,300 USD = 700 USD


For more information, check out Trader’s Way.

STANDARD Account with VARIABLE Spread


At Trader’s Way, Prime Online Forex and CFD broker, clients have access to the very latest in trading tools, standalone proprietary programs and broker independent apps. We offer a wide range of trading accounts, suited to meet the requirements of all traders. Clients can opt for our MT4.VAR account with the preferred leverage ratio, up to 1:1000. The MT4 VAR is perfect for experienced traders as it combines the best features of real ECN account with extremely tight spreads, no commission charges and low initial deposit. Traders often opt for the MT4 VAR as it allows them to trade under real market interbank conditions, where the spreads can get as low as 0.7 pips. Clients can trade any size starting with 0.1 standard lot or 1000 units of base currency. For more information, please check out Trader’s Way.

Leverage


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with some of the most precise quotes for all pairs along with the most competitive trading conditions in the market today. Moreover, our clients can opt for the preferred account type; use automated scripts, depending on their trading strategy. As part of our ongoing series, here’s a recap on leverage. Traders use leverage as a multiplier, thereby opening positions larger than their deposit. In other words, the broker extends credit to the trader so that they can increase their position.


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 on leverage, check out Trader’s Way.

Try Best MT4 ECN from $10 ONLY!


At Trader’s Way, Prime Online Forex and CFD broker, our clients are able to access some of the most precise quotes in the market, extremely fast execution along with state of the art trading terminals. Moreover, clients can opt for customized accounts to suit their trading strategy including being able to trade on the interbank market, with some of the lowest market deposit. Simply put, our clients are able to open positions using our MT4 ECN account with just $10, where spreads can get as low as 0 pips. Traders can open positions of any size starting with 0.01 lots or 1,000 units of base currency. For more details, please check out Trader’s Way.

MT4 ECN


At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our traders are able to utilize the best trading tools and apps, in our state of the art trading platforms. Apart from the apps, we make it easy for traders to test and play their automated scripts, in real time. Our MT4 ECN account is perfect for professionals who prefer trading with interbank market rates, streamlined quotes, better liquidity and extremely tight spreads where spreads can get as low as 0 pips. Traders can start trading on the ECN account with one of the smallest on the market deposit of only USD 10. Traders can trade any size starting with 0.01 lot or 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.

Swap points


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 movements by providing them with precise quotes and some of the most competitive trading conditions in the market. Furthermore, we believe new traders need to review all edu resources before opening a position. As part of our ongoing series, here’s a brief recap into swap points. When traders do not close a position by the end of the day, it will get rolled over to the next day where the difference in overnight interest rates in the currency pair results in swap points. The rollover is achieved with two trades, the position closing at the end of day at spot rate and the next day’s position at the forward rate. The difference between the forward and the spot rates is called swap points. For more information, please check out Trader’s Way.

Meta trader 4


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading tools, including encrypted Meta trader platform. By utilizing Meta trader, traders can analyze all market trends, place orders with a single click of the mouse and even customize automated scripts - test it before using it on the platform. In short, the platform comes packed with all the functionality that a trader would need, and more. Traders can use the different technical indicators to analyze the various timeframes, determine market direction, volatility, moving averages, etc. By utilizing the advanced charting tools available on Meta trader 4, technical indicators, traders can develop their strategy and enter orders with a better success rate and with limited drawdown. For more information, check out Trader’s Way.

MT4 Mobile Apps


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless trading opportunities, along with the ease and convenience of Mobile apps. With mobile trading, clients can manage their accounts from hand held devices like smartphones, tablet PCs. Using mobile trading, clients can access all the features of our MetaTrader trading platform, operate accounts, review news feeds, analyze market trends, etc. Traders can use MT mobile apps to stay connected to the market while commuting. In addition, they can review all the advanced trading tools, including charting to set up entry/exit strategies. For more information, please check out Trader’s Way.

QuickDeal


At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with state of the art trading platforms, including the very latest in trading tools and apps. Clients can now use QuickDeal to open orders with a single click of the mouse and with no time lag, making it easier for traders to place orders. With QuickDeal, traders can review in-depth information about the trading instrument; they can review the current net volume, SL and TP settings, P/L and even use the “close all” button to close all open trades for a particular trading account. Moreover, traders can use Quick Deal to review spreads on all pairs, making it easy and convenient for the trader to develop a strategy. For more information on Quickdeal, please check out Trader’s Way.