ECN Trading with a direct access to interbank liquidity on MetaTrader 4 platform. Spreads are set to the minimum possible and can be as low as 0.
The minimum deal size is only 0.01 lot (1,000 units) and the minimum deposit is $10. A small commission is charged.
The Trader’s Way MT4.ECN. account is a unique account which provides you with direct access to the interbank market through the most popular and user-friendly MetaTrader 4 trading platform. Enjoy all the benefits of the fairest market trading conditions using your favorite MT4 platform!
ECN stands for Electronic Communication Network and means traders can access the interbank market directly without any interference from brokers. For many decades it was the privilege of only the major financial institutions and professional traders. It is only recently that access to the interbank market has been granted to common traders. ECN trading was first provided through the MT4 platform and is preferred by the majority of retail traders due to its multiple easy-to-understand features and professional options.
The Trader’s Way MT4.ECN. account offers you the best ECN trading with the smallest-on-the-market initial deposit of only 10 USD and a minimum commission starting from only 30 USD per 1 million USD turnover. Spreads are the smallest possible and under some market conditions can be as low as 0 pips. You can trade any size from 0.01 lot (1,000 units of base currency) while enjoying a leverage ratio of up to 1:1000. All the benefits of the most popular MT4 platform – a user-friendly interface, advanced charts, numerous analytical tools, news, updates and much more – are at your service.
With Trader’s Way you can be sure of maximum trading opportunities while enjoying real professional trading on your favorite MT4 platform. Moreover, you can trade any time and any place, via any mobile device using MT4 Mobile Applications.The advantages of the most popular MT4 platform – a user-friendly interface, charts, news, updates and much more – are at your service anywhere you go, whatever device you use and whenever you want to trade.
MT4.ECN. account trading conditions are the following:
| Low floating Spreads | from 0 pips | |||||||||||||
| Deposit Currency | USD, EUR, CAD, GBP | |||||||||||||
| Minimum Initial Deposit | 10 USD | |||||||||||||
| Minimum Volume of a transaction | 0.01 of a lot (1,000 units of base currency) | |||||||||||||
| Lot Size | 100,000 units of base currency | |||||||||||||
| Step | 0.01 of a lot | |||||||||||||
| Maximum Leverage ratio | for currencies | |||||||||||||
| balance lower than 5,000 | 1:1000 | |||||||||||||
| balance from 5,000 to 50,000 | 1:500 | |||||||||||||
| balance from 50,000 to 60,000 | 1:400 | |||||||||||||
| balance from 60,000 to 70,000 | 1:300 | |||||||||||||
| balance from 70,000 to 80,000 | 1:200 | |||||||||||||
| balance from 80,000 to 100,000 | 1:150 | |||||||||||||
| balance from 100,000 | 1:100 | |||||||||||||
| Maximum leverage for non-currency instruments is: for metals – 1/2 of your account leverage, energies – 1/8, cryptocurrencies – 1/50 | ||||||||||||||
| Commission | Yes | |||||||||||||
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| Execution type | Market | |||||||||||||
| Carrying positions overnight | SWAP | |||||||||||||
| NOSWAP (swap-free) accounts | Not Available | |||||||||||||
| Stop Out Level | 40 % | |||||||||||||
| Access to your account from mobile devices | Yes, free of charge | |||||||||||||
| Demo version | Yes * | |||||||||||||
For detailed information about each trading instrument (inc. Spread, Swap, Min.Trade.Size, Contract Size and Step Size) follow the links below:
Important: Leverage is limited to a maximum of 1:200 just prior to high impact news releases for new positions. Leverage will also be limited to 1:200 during periods of extreme market volatility. Already-opened positions are not affected — only new Buy and Sell orders sent for execution just prior and during to news releases and these extremely volatile conditions.
This also includes Buy Limit, Buy Stop, Sell Limit and Sell Stop pending orders that are triggered during a news release. These pending orders will only result in the opening of a new position if margin requirements under the reduced leverage are met, otherwise they will be cancelled by the system due to a lack of sufficient margin for execution. Note that any deposit bonuses are excluded from this margin calculation. This is to protect clients and help prevent accounts from attaining negative balances and large losses during moments of high volatility.
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* Demo accounts expire in 30 days after the last login.
On 26 April, 2020, our new ECN server went online, hosting all newly created MT4.ECN. accounts created on and after this date. All MT4.ECN. accounts opened prior to this date will use the TradersWay-Live server. MT4.VAR. accounts – old and new – will also use the TradersWay-Live server.
