Forex trading starts with Traders Union

The biggest challenge novice traders face is finding the right broker to trade with in the Forex market.

When choosing a reliable broker, a trader must endure an exhausting task of hours, even days of researching a myriad of brokerage companies, and going over user reviews. Traders Union offers a solution that will save your time. The Union’s special rating system will help you find what you need in just a few minutes.

Trader’s Union’s experts have over ten years of experience in analyzing Forex brokers and gathering all reviews about them available online. Consequently, Traders Union has formed an extensive database containing all the reviews about any Forex broker. Furthermore, Traders Union keeps a dossier on each broker trading in the Forex market, tracking its historical indicators by applying more than 100 indicators that were custom-designed by its Forex experts.

By using the free services offered by Traders Union, novice traders can easily analyze, review and choose a company or several companies that suit their needs and market targets best, and then compare the brokers based on the specific criteria in order to make the final choice. Broker ratings are updated and published monthly on the Traders Union website.

Traders Union is also a portal featuring various tools and an immense amount of information about the Forex market and brokers that are members of TU, with the information and valuable services provided for free.

Why become a member of Traders Union?

On top of being a helpful resource for broker selection, TU offers rebates to traders for each transaction, regardless of whether it is successful or not. The rebate is credited to the trader’s personal account, thus reducing their trading costs and increasing income. Traders Union does not charge any fees for this, which is one of the many reasons a quite significant number of traders from all across the world become its members. Another factor is that the traders are not required to alter their trading habits in order to be eligible to receive the rebate. Subsequently, the traders who have not joined Traders Union are not eligible for these benefits.

Traders Union conducts its business transparently and above board. Many brokers have shown interest in partnering with Traders Union, as being a major portal with hundreds of thousands of visitors it provides them with better visibility among those who are choosing their broker there.

This is how the rebate process works. The brokers pay partner fees to Traders Union, and Traders Union pays the rebates to its member traders based on their trading volume, while retaining a small commission.

NOTE! Traders Union pays rebates to the traders regardless of whether the trades bring profit or not.

How Traders Union rebates are calculated

In order to understand how the TU rebates are calculated let’s review the following example, in which Traders Union refunds 40% of the broker’s spreads (commission paid to the broker) for 1 standard lot.

• Let’s take a trader, who invests $10,000, and trades a total of 10 lots of EURUSD currency pair only once in 2-3 days.
• His trading volume is therefore 100 lots per month and, trading moderately, this brings him 20% profit or $2,000.
• Let’s assume that his expenses for the spread are $13 per lot.
• This means that the trader pays $1,300 per month to the broker for 100 lots.
• Traders Union then credits $520 to the trader’s personal account.

How to join Traders Union?

In order to become a member of Traders Union, you need to register on the TU website. You can register via email or by simply using the Facebook registration form. After you’ve registered, add your selected broker to your personal account on Traders Union. Done! You now can receive rebates from Traders Union for each transaction.

NOTE! Only the accounts that were opened using the Traders Union’s referral link are eligible for rebates. If you already have an account with a broker, you will need to open a new trading account or re-register, unless your broker is on the list of brokers that do not require account re-registration. In that case, you will need to request that the broker assigns your existing account to the Traders Union partner group.

If you haven’t registered a trading account with a Forex broker yet, follow these 5 simple steps:

1. Select a broker from the Traders Union Top Forex Broker List.
2. Use the Traders Union’s link to access the broker’s official website (the link is available on the Broker’s page in the Traders Union Rating List).
3. Open a live trading account on the broker’s website.
4. On your TU account, go to the Accounts tab and enter your trading account number with the broker.
5. Make a deposit with the broker and start trading.

Traders Union provides easy withdrawal of funds using one of these methods: VISA and Mastercard, PerfectMoney, Skrill, and also your trading account with the broker. TU does not charge a withdrawal fee.

Incidentally, should you experience any difficulties or require an explanation or clarification, Traders Union customer support will help you resolve any issues. All you need to do is contact customer support service.

Traders Union helps protect your investment

Traders Union proves quite useful for passive investors using PAMM or copy trading services to increase their equity, as TU ensures strong legal protection and support in case of a dispute or a disagreement with the broker. This is particularly important in cases that involve large amounts of funds.

Large investors prefer to work via the Traders Union, as it is common knowledge that Forex brokers sometimes simply ignore complaints or arguments of a single individual trader. A broker, however, won’t be able to dismiss Traders Union and its position, as it represents the interests of a huge number of traders.

Traders Union’s legal department is in charge of monitoring and closely examining claims or complaints of the members of its community of brokers. All Forex markets players know that there is never an issue with withdrawal of funds from the brokers working with the Traders Union.

Traders Union offers its members free legal assistance in the matters related to the Forex market, which has proven to be highly effective. This is yet one more advantage Traders Union offers to the thousands of investors in the Forex market, who choose TU as an instrument of protection of their investment and increase of their capital.

Traders Union in figures

• Traders Union’s age – over 10 years
• Payments to members – over $10 million
• Payment amount – Up to 100% of the spread
• Number of members – Over 300,000
• Number of brokers in the rating – Over 150
• Number of forecasts per day – Over 50
• Number of financial news on the site – Over 200
• Number of unique bonuses – Over 20
• Number of messages on the Traders Union forum – Over 1 million

CONCLUSION

By using the Forex Broker Rating List from Traders Union you save hours of stressful research, review, and analysis of each company when you select the broker you want to work with in the Forex market, simply because Traders Union has already done it all for you.

The Top Brokers on the Traders Union Rating List are reliable brokers that ensure quick withdrawal of funds and perform all their obligations to the traders. The Traders Union rating is based on the 120-point scale, developed by TU, and the reviews written by its members. No other resource in the Forex market can provide professional services of this depth, which makes Traders Union rating the top broker rating today.

When you open an account with a Forex broker via Traders Union, you will be able to cut your trading costs right from the start thanks to the rebate TU pays per each transaction, regardless of its result. It makes sense, therefore, to take your first steps in Forex trading with Traders Union, rather than opening an account on the official website of the broker you chose to work with. This is also one of the reasons why Traders Union is believed to be the place where the Forex market starts.