MT4.MICRO.

At Trader’s Way, Prime Online Forex and CFD broker, we understand our client’s trading requirements; some prefer advanced accounts like ECN whereas others may want to opt for other formats. Our MT4.MICRO was designed, especially for new traders since it enables them to trade with minimum risk.  New clients can register for MT4.MICRO and deposit funds in USD. There are no minimum deposit limitations and the maximum balance is $1000 (conditions apply, should deposit increase beyond maximum). Clients can also opt for different leverages, depending on their account balance.  For more information on MT4.Micro, trading conditions, check out www . tradersway . com

Forex -101

At Trader’s Way, Prime Online Forex and CFD broker, we encourage our clients to review some of our basic edu resources on trading.  The currency market is huge, with over trillion dollars being transacted on a daily basis. In order to purchase EUR with USD, the trader would normally have to opt for a bank to exchange the currency. The forex market enables traders to get access some of the most competitive quotes for each currency pair and our trading platform provides clients with up to minute price feeds from various liquidity brokers. For more information on the market, do check out www . tradersway . com

CFD

At Trader’s Way, Prime Online Forex and CFD broker, we understand that some of our clients are new to trading and naturally, we encourage them to review our edu resources on trading in order to understand how the market works. As part of our series on forex education, here’s a brief recap on CFD. A CFD, or a Contract For Difference, is an agreement between two parties to exchange the difference between the opening and the closing prices of a contract at the moment of the contract closure, with this difference multiplied by the number of units of the asset specified in the contract. A CFD is a derivative linked to the underlying asset price. It does not involve physical asset delivery. A trader is not required to purchase or sell assets physically; for example, if a trader goes long on EUR/USD, they are trading in CFD’s and on closing the trade, the trader makes a profit or loss depending on the change in the price. For more info on CFD’s, do check out www . tradersway . com

Forex 101 – Currency pairs!

At Trader’s Way, Prime Online Forex and CFD broker, we encourage new traders to review our edu resources on the market to understand it better. Here’s a brief recap on currencies -Currencies differ from other assets because they are traded in pairs. In the forex market, traders trade one currency against another currency: they purchase one currency and sell the other. Therefore the trader is trading two currencies, or a currency pair, simultaneously.

Example: When the trader goes long on EURUSD, they are essentially purchasing euros and selling dollars.

Currencies in a currency pair are denoted by 3 capital letters according to the International Standard for currency codes - ISO 4217. The first 2 letters are the same as the country code (according to the International Standard for country codes, ISO 3166). And the third letter represents the currency name.

Example: USD = US dollar, where "US" = the United States and "D" = dollar.

For more information, check out www . tradersway . com

Long/Short positions!

At Trader’s Way, Prime Online Forex and CFD broker, we encourage new traders to review some of our edu resources on forex market before trading. Here’s a recap on the Long/Short positions: When a trader purchases an asset, he is essentially going “long” and “short” when selling.

Example: Sam buys stock, so he has opened a long position.

The same applies to currencies – where a trader purchases one currency while simultaneously selling the other currency of the pair. So the trader is going long for one currency and simultaneously opening a short position for another currency.

Example: When Sam buys EURUSD, Sam is going long for EUR and going short for USD.

For more information on currency market, options, check out www . tradersway . com

Bid/Ask (Offer) Price

At Trader’s Way, Prime Online Forex and CFD broker, we provide our traders with endless opportunities including the option to review some of our edu resources on Trading. As part of our series, here’s a recap on Bid/Ask. Quotes for trading instruments usually have two sides: the bid price and the ask (offer) price. The bid price is the price of an asset at which the market or broker is ready to purchase from the trader (that is, the trader can sell, or go short, at this price). The Ask or Offer price is the price at which the market/broker is ready to sell 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 information on trading, financial instruments, check out www . tradersway . com

ECN Leverage Increased to 1:1000

Trader’s Way, a prime on-line FOREX and CFD broker, is pleased to announce that it has increased the maximum leverage for MT4.ECN. accounts from 1:500 up to 1:1000. Now the leverage of 1:1000 is available for all MT4 accounts up to 1000 USD balance.

Trader’s Way constantly improves its trading conditions in accordance with its mission to provide clients with the widest opportunities for trading under one broker. Maximum leverage of 1:1000 was introduced some time ago for all MetaTrader accounts except ECN. Due to numerous clients requests the Company made a decision to extend its 1:1000 leverage offering to MT4.ECN. accounts. Now the leverage of 1:1000 is available for all MT4 accounts with the balance below 1000 USD.

Trader’s Way aspires to offer its clients the best brokerage services on the market. The Company has the widest choice of trading options, account types, markets and tools – all on the basis of supreme execution and client-oriented approach. Pursuing its course the Company will continue upgrading conditions and expanding its service range further.

To find out more about MT4.ECN. account trading conditions, check out www . tradersway . com

Forex 101 – pips

Here at Trader’s Way, Prime Online Forex and CFD broker, we encourage all new traders to check out some of the basic info on the market in order to familiarize with all aspects of trading. As part of our series, here’s a recap on what the pip is all about. The pip traditionally was the smallest price increment, with relation to currency quotes.

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, prices can change by one-tenth of a pip or 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.

So the pip traditionally was the smallest price increment - 0.0001 for almost all currency pairs and 0.01 for pairs with JPY as a quote currency. And despite the fact that a currency pair can now be quoted with more decimal places thanks to more precise pricing, the pip remains the same. In our platform, traders can access most accurate quotations with 5 digits pricing. For more information check out www . tradersway . com

MT4.FIX.

At Trader’s Way, Prime Online Forex and CFD broker, we understand that each trader may have a specific trading requirement, given which we offer many types of accounts. Our MT4.FIX deals with trading with fixed spreads on our Metatrader 4 platform. Traders, who prefer to deal with fixed spread size on each trading instrument, often opt for this account. This account is perfect for traders who prefer automatic trading - realizing the spread in advance enables them to hone their trading strategy and trade effectively. For more information, check out www . tradersway . com

Lot

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with endless opportunities including access to edu resources covering all aspects of forex trading. As part of our ongoing series, here’s a recap on lots and lot size. A lot is a standard size of a transaction. It is measured in base currency units.

The common lot sizes are:

Standard: 100,000

Mini: 10,000

Micro: 1,000

Nano: 100

Example: 1 standard lot of EURUSD = 100,000 euro; 1 nano lot of EURUSD = 100 euro.

For more information, do check out www . tradersway . com