Bigger Leverage for Bigger Balances

TradersWay, a prime online FOREX and CFD broker, is pleased to announce that 1:500 leverage is now available for all accounts with balances up to 10,000 USD and 1:200 leverage - up to 50,000 USD. This improvement is effective for all account types starting from today, October 27.

TradersWay constantly improves its trading conditions, keeping pace with the latest developments and staying true to its mission to provide its clients with the widest opportunities for trading under one broker. The Company expanded its clients’ earning opportunities by increasing the maximum leverage for accounts with balances 5,000-10,000 USD from 1:200 to 1:500. Moreover, our customers can enjoy 1:200 leverage for accounts with balances up to 50,000 USD.

TradersWay aspires to offer its clients the best services on the market to provide unlimited trading opportunities. 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 our trading conditions, please, check out www . tradersway . com

Forex

At Trader’s Way, Prime Online Forex and CFD broker, we offer clients multiple instruments to trade with, along with the most competitive trading conditions in the market. As part of our ongoing edu series, here’s a recap on Forex. Forex stands for foreign exchange and involves the exchange of one currency for the other. The forex market is often where such transactions take place, with a daily turnover exceeding 4 Trillion USD. 

Example: Sam lives in the US and is traveling to Europe. Sam has USD and needs to buy EUR. The current exchange rate is 1.3000 USD for 1 EUR. Sam buys 1000 EUR by selling 1300 USD (1000 x 1.3000). This is a foreign currency exchange or Forex.

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

CFD's

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the most competitive trading conditions in the market along with some of the most precise and streamlined quotes, state of the art trading terminals and the latest trading apps. As part of our ongoing edu series, here’s a brief recap on CFD’s. A CFD or Contract for Difference is where two parties agree to exchange the price difference between the opening and the closing rates of a contract when the said contract comes to a close. A CFD does not involve any physical delivery and both the buyer and seller exchange the difference multiplied by the number of units when the contract comes to an end. For e.g., when a trader goes USDJPY long, he does not buy or sell anything physically, he enters into a contract where he receives or pays the change between opening and closing rates; in short, he trades CFD’s. For more information, please check out www . tradersway . com

Example: Sam opened 1 standard lot of EURUSD long (that is, Sam bought 100,000 EUR-versus-USD CFDs). At the time of Sam's purchase, the current rate was 1.3000. Sam has just closed and the closing rate was 1.4000. When he closed, Sam made a profit = (1.4000 - 1.3000) x 100,000 = 10,000 USD.

Currency pairs

At Trader’s Way, Prime Online Forex and CFD broker, we ensure that our clients have access to the very latest trading apps, along with unique and state of the trading platforms, enabling them to take advantage of even the smallest market movement. As part of our edu series, here’s a recap on currencies and currency pairs.  Currencies are traded in pairs on the forex market, where traders exchange currencies, buying one while simultaneously selling the other. So essentially, traders trade two currencies simultaneously, when trading on the market. 

Example: When you buy EURUSD, you buy euros and sell dollars.

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

Long/ Short position

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest from trading apps to state of the art trading platforms. In addition, clients can access some of the most competitive trading conditions on our platform, along with streamlined and precise quotes. As part of our ongoing edu series, here is a brief recap on “Long/ Short” positions.  When it comes to forex trading, traders buy one currency while simultaneously selling another. So when a trader is buying one currency, he is going “long” and as he is selling another at the same time, he is going “short” on the other currency. When you buy an asset, you are going "long". When you sell, you are going "short".

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

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

Bid/Ask (Offer) Price

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 movement by providing them with the very latest in trading apps, state of the art terminals, etc. As part of our ongoing edu series, here is a brief recap on Bid/ Ask. Currencies are quoted in the market as pairs with dual pricing, the bid and the ask (offer) price. The bid is the rate at which the market is willing to buy from the trader and the trader can sell his instrument or go short, at the specified rate. The ask or the offer price is the rate at which the trader can purchase the instrument.

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, please check out www . tradersway . com

Pip

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading apps, charting software along with state of the art trading terminals. As part of our ongoing edu series, here’s a brief recap on “Pip”. Currency pairs used to be quoted with four decimals except for Yen crosses and the pip, is the smallest price increment. However today, currencies are quoted to five decimal points and the least increment that currencies can differ with is one tenth of a pip or 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 www . tradersway . com

Pip Value

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest from trading apps to charting software along with some of the most competitive trading conditions in the market. As part of our ongoing edu series, here is a brief recap on calculating pip value. To calculate the pip value, traders can use this simple formula to work out the value of one pip .

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 to work out the value of the pip in terms of one’s account currency, traders can use this,

 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 www . tradersway . com

Equity

At Trader’s Way, Prime Online Forex and CFD broker, we take care to ensure that our clients have access to the very latest, from trading software, competitive trading conditions to state of the art trading terminals, so that they are able to take advantage of even the smallest market movement. As part of our ongoing edu series, here is a brief recap on equity. Equity is the capital left in the trader’s account, after all the open positions are closed. 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 www . tradersway . com

C Trader Mobile apps

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 movement by providing them with state of the art trading terminals along with the very latest in trading tools and apps. Now, traders can access their account from any mobile device, and trade when commuting by using our c Trader mobile apps. With this app, traders can utilize the core functionality of c Trader, and open and close positions and monitor positions round the clock. For more information, please check out www . tradersway . com