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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.