Discuss TradersWay.com

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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 Trader’s Way.

 

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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 Trader’s Way.

 

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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 Trader’s Way.

 

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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 Trader’s Way.

 

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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.

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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 Trader’s Way.

 

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100% Deposit Bonus

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest in trading tools, from software apps to state of the art trading terminals. In addition, our clients can take advantage of our 100% Deposit Bonus offer. Now traders can avail the bonus by depositing funds into their account and emailing us with the required info. On verification, the bonus would be credited to the client’s account immediately. Please note, terms and conditions apply – for more information, please check out Trader’s Way.

 

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No Deposit Commissions for the Holidays

TradersWay, a prime online FOREX and CFD broker, wishes all clients a Merry Christmas and a Happy New Year. In the spirit of the holidays, we are waiving all deposit commissions effective today, December 15, through the end of the year.
Beginning today, TradersWay will charge no commission on all deposit transactions. This promotion is valid until the end of 2014 and is available to all our clients without any limitations. Simply make a deposit in Private Office and the entire deposit, without any commissions deducted, will be credited to your trading account.
TradersWay aspires to offer the best services on the market and to provide its clients with unlimited trading opportunities. Access to all major financial markets, multiple account types for all tastes and the most advanced technologies are at your fingertips. Enjoy the freedom of trading and live the life of maximum opportunities!
To find out more about our payment options, please check out Trader's Way.

 

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Best STP/ECN Broker 2014

TradersWay, a prime online FOREX and CFD broker, is pleased to announce that it was awarded as the Best STP/ECN Broker of 2014 by Forex Report in their annual analysis of the very best brokers in the FX community.

We at TradersWay are honored to be chosen as this year's Best ECN/STP Broker by the Forex Report Awards known throughout the global banking and financial community for its deep analysis, dedicated research and penetrating insight. Taking into account recommendations from retail and institutional traders Forex Report’s research team aspires to offer the most objective and comprehensive judgment. TradersWay takes pride in this acknowledgement of its efforts to make the best conditions of ECN/STP trading easily accessible to all traders.

Earlier this year, Forex Report wrote an article titled "ECN Technology: A Key Forex Trend for 2014" recognizing TradersWay for its dedication to offering the widest trading opportunities as well as the highly competitive trading conditions on each of its platforms. The Forex Report Awards celebrate the industry's leading companies -- those that provide the best customer service and those at the forefront of one of the world's most competitive markets. The Forex Report Awards 2014 take a look at the most impressive achievements of the year and offer a rundown of the companies that have helped to evolve the industry.

TradersWay aspires to offer its clients the best services on the market to provide unlimited trading opportunities. All financial markets, different types of accounts for any taste and the most advanced technologies are at your services. Enjoy the freedom of trading and live the life of maximum opportunities!

For more information, Please check out Trader's Way.

 

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MT4.FIX.

At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with the very latest, from trading tools and apps to state of the art trading platforms, customized accounts, competitive trading conditions, etc. Traders can opt for the preferred account type, depending on their trading strategy. Our MT4.FIX is a standard account that comes with a predetermined spread which often ranges from only two pips, which makes it perfect for professional traders who prefer fixed spreads over variable ones. Knowing the spread beforehand makes it convenient for the trader to strategize and trade effectively. Traders can trade any size, starting with a minimum of 0.01 Standard lot (1,000 units of base currency) while enjoying a maximum leverage ratio of up to 1:1000 without any commission or extra charges. For more information, please check out Trader’s Way.