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

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.

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.

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.

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

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.

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.

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.

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.

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.

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.