Tradersway review 2021

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TradersWay Review, tradersway review 2021.

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Tradersway review

Tradersway is an online forex broker. Traders way offers the metatrader 4, metatrader 5, MT mobile, and ctrader trading currency top platforms. Tradersway.Com offers over 40 currency pairs, metals, cryptocurrencies. Indices and energies for your personal investment and trading options.

Broker details

established:	2011
address:	8 copthall, roseau, dominica
contact:	helpdesk@tradersway.Com, +1 849 9370815
regional offices:
regulators:
prohibited countries:

deposit methods:

bank wire, bitcoin, ether/ethereum, fasapay, litecoin, neteller, perfectmoney, ripple, skrill, tether

withdrawal methods:

bank wire, bitcoin, ether/ethereum, fasapay, litecoin, neteller, perfectmoney, ripple, tether

Live discussion

Join live discussion of tradersway.Com on our forum

Tradersway.Com profile provided by mr.Max.TW, dec 24, 2014

About trader’s way

Trader’s way, a prime online FOREX and CFD broker, was established with the principle mission - to provide traders with the widest opportunities available on financial markets. We’ve collected the best products, technologies and services, so that the needs of every trader are fully satisfied. Under one broker, without losing time, you can find everything to trade the way you like, without boundaries and limits.

We offer you the widest range of possibilities for trading:

· best trading platforms - metatrader 4, binary options, ctrader, mobile apps

· 4 account types - ECN accounts on MT4 and ctrader, standard accounts with fixed and variable spreads

· 6 markets - FOREX, binary options, stock indices, metals, energies, commodities

The best trading conditions possible:

· minimum deposit – no limitations (for ECN account – only $10)

· tight spreads – from 0 pips

· minimum order size – 0.01 lot (1000 units of base currency)

· all expert advisors (eas) and scalping allowed

· free VPS hosting service

· islamic (swap-free) accounts

· deposit/withdrawals- wire transfer, moneybookers, webmoney, credit card, payza, bitcoin

· every client can be a PARTNER. Commission up to 1.5 pips

High price feed accuracy, no trading restrictions (even on accounts with minimum deposits), and a wide array of trading opportunities are the pillars of our business activities. They're the beacon of our pledge to ensure our mission – to bring you maximum trading with maximum opportunities and freedom!

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

Tradersway is clearly the best platform out there.
Local deposits/withdrawals the very same day.
Great response from the team,brokers are highly co-operative.

I really loved the platform and I dont think I need to try another one ever :)

Length of use: 6-12 months

Length of use: over 1 year

Length of use: 6-12 months

Tradersway ha sido hasta ahora el mejor broker al que he tenido acceso considerando que soy de EEUU. El spread es bastante bueno considerando otros a los que he tenido acceso. Le doy 4 estrellas pues hasta ahora me ha ido muy bien con ellos, puedes hacer tu traiding y sacar tus ganancias sin problema. Le daría 5 estrellas si el proceso de retirar el dinero fuera más sencillo y rápido. La mejor forma que encontré y que se adapta mi fue a través de vload pero se demora unos días el proceso además las comisiones. De todas formas si haces bien tu traiding vas a tener buenas oportunidades con el broker y podrás pagar las comisiones sin problemas pero sería maravilloso si depositar y retirar el dinero fuera más sencillo y más económico. Lo otro es que ya no están aceptando clientes de EEUU, espero que eso cambie pronto. Este broker lo he recomendado y hasta este momento lo continuo recomendando, estoy seguro que no es el mejor del mundo pero es el mejor que yo he encontrado.

Tradersway has so far been the best broker I have had access to considering that I am from the US. The spread is pretty good considering others I've had access to. I give it 4 stars because so far I have done very well with them, you can do your trading and get your profits without problem. I would give it 5 stars if the process of withdrawing the money was easier and faster. The best way I found and that suits me was through vload, but the process takes a few days, plus the commissions. In any case, if you do your trading well, you will have good opportunities with the broker and you will be able to pay the commissions without problems, but it would be wonderful if depositing and withdrawing money were easier and cheaper. The other thing is that they are no longer accepting US clients, I hope that will change soon. I have recommended this broker and until now I continue to recommend it, I am sure it is not the best in the world but it is the best that I have found.

Traders way – forex broker rating and review 2021

status
	http://tradersway.Com/
regulation	not regulated
trading software	metatrader 4, web trader, mobile trader
headquartered	8 copthall, roseau valley, the commonwealth of dominica 00152

Trader’s way, a prime on-line FOREX and CFD broker, was established with the principle mission - to provide traders with the widest opportunities available on financial markets. We’ve collected the best products, technologies and services, so that the needs of every trader are fully satisfied. Under one broker, without losing time, you can find everything to trade the way you like, without boundaries and limits.

We offer you the widest range of possibilities for trading: 3 trading platforms - metatrader 4, webtrader, mobile applications 4 account types - MICRO and ECN, standard accounts with fixed and variable spreads 5 markets - FOREX, stock indices, metals, energies, commodities

High accuracy in prices, no restriction on trades, even on accounts with minimum deposits, and a wide choice of trading opportunities is the pillar of our business activity. It’s the beacon on our way to ensure our mission – to bring you maximum trading with maximum opportunities and freedom!

Traders way trading information

Traders way — latest reviews and comments 2021

Ridiculously high spread, my account was doing fine, they raised their 42 spread up to 4124 under 1 minute, also as a trader i have different brokers running, all the brokers XAUUSD spread are fine and running, but tradersway spread still at 223 and the pair appears as closed market, other brokers like hot forex and hugosway price are at 1878, and tradersway price is still closed at 1876. I have pictures of moves I've never seen before in any other broker, this broker definitely is a scam, we should let all traders know.

MCFX 28 october, 2020 reply

I had 3 trades open on my live account all executed at the same time same lot size 1.00 (BUY) at 6am PST. My profit was definitely $350 at the time and I was waiting for it to increase. But everything stopped suddenly and my profit was -$350. I refreshed my computer and also opened my tradingview account to see if my pairs have stopped, but to my surprise they were still going upward. My only option was to close out my profits because the platform for tradersway was stuck during my live session. This is the second strange things have happened to my account with tradersway. Therefore, do not add your money into this company because I feel as though these people are scammers. The only thing that works with this company is the demo account.

Ralph jones 1 october, 2020 reply

Tradersway is a ripoff, I took a 300 deposit to 17k and withdraw half, I had 3 winning trades opened at 500 profit and 9800 left in my tradersway account. Someone opened up crazy trades with outrageous lot sizes and wiped it down to 900. They say they don't have access to anyone accounts but its a lie. Im fighting to get my money back but im pretty sure it's not gone happen. Procced with caution.

Terrance 21 may, 2020 reply

All client trades are executed with no dealing desk* intervention. Most trades are filled in under 10 milliseconds, with up to 2,000 trades executed per second.

They are scammers. I had $33, I grew it to a point where by I maid $700. I made sure that my trades are close when few hours i go back to the market, my account is -$1.34. Please beware of these scammers, guys. Never ever use this broker and please share the bad experience with them!

Saziso shangase 2 april, 2020 reply

Hi guys, I just wanted to share my experience about this broker. Yesterday I took several of winning trades and my balance account was around 5000 $ with my profit secure, so I was satisfy and decided to go to bed and rest. When I woke up this morning I noticed my balance is only around 1300 $ I checked my trading history and I don't know how come but my wining trades from last night are all gone. So I contact the broker by messenger but the agent said they can't access to my trading history and to send an email to the support what I did. I even tried to call them but same answer from the agent over the phone. That just insane I hope it's just a mistake because otherwise it's just crazy. That happened this morning so I am waiting for them to getting back to my email. I will keep you up to date. Cheers

Mouhoub mebrouk 27 march, 2020 reply

Erick 10 april, 2020

They got me for 20K in january 2018.

Made every attempt to try and sign up with these guys, but just ended up wasting time with the horrible deposit options they offer for canadians. Support was pathetic, didn't even try to help. I wouldn't recommend wasting anytime with trader's way, they weren't interested in getting my business.

All was going good with this broker until now, I took a $50 dollar account to $2500 in 2 months with proper risk management and guess what happened? This broker blew up my entire account by making dozens of unauthorized trades not to mention they played with my spreads and would cancel many of my sell and buy orders, tradersway, like many other unregulated brokers hate traders that actually manage to make a decent profit in the market and make no mistake if you start a small account and grow it to quickly you will be shot down like I was, do not use this broker.

Derek 31 january, 2020 reply

Beware this broker if you regularly have open trades over the weekend or holidays. Spreads can go from a few points to 70+ and stop-out your account especially if you're highly leveraged or margined. Also be aware that they will trade for you sometimes and wipe your account out.

Zahed rustami 30 january, 2020 reply

I can attest to this. Was using tradersway when I held a swing trade over the weekend and come 5:00 sunday my entire account balance of $6000 was gone because of the spread manipulation

Pradipta 3 february, 2020

They close my pending orders before they're triggered. Don't take my word for it, see for yourself.

Tradersway broker review 2021

Finding the random brokers to accompany the risk of losing your cash. We described a2z on the tradersway broker. Let's move forward!

Tradersway: pure ECN platform

Service information

demo account	yes
minimum deposit	$1
max leverage	1:1000
spreads from	0.0
type of broker	ECN
tradable assets	currencies, gold, silver, stock indexes, oil, other commodities, bitcoin, litecoin and ethereum
deposit options	bank wire, bitcoin, ether/ethereum, fasapay, litecoin, neteller, perfectmoney, ripple, skrill, tether

Tradersway review - learn the basics

Tradersway brokers were introduced in the market of forex back in 2008, and they were offering only “forex trading” at that time.

" but, that’s not the case now; they are now coming up with

Cfds trading, social trading, and share dealing trading "

They are the global broker, and their head office is located in the commonwealth of dominica. They are dealing with a lot of listed stock symbols and which indirectly means “you can buy shares from different stock exchanges around the globe.”

We all know, when finding the right broker, it’s important that we go through the in-depth details of “what are they offering and whether they are fulfilling our needs or wants?” to ensure that they are the best.

And that’s probably the reason “why you’re here.” we have listed down every single thing regarding “tradersway broker” below, and you can have a quick look at it by scrolling down.

Tradersway regulation

To all those who want to know “if the tradersway is regulated or not,” no, they aren’t regulated like the other broker in the world.

This is why a lot of people have reservations over “tradersway broker” because they were never monitored for “security and safety” purposes.

Now, you must be wondering about “is tradersway really worth it?” you’ve to figure it out by scrolling down!

Account types of tradersway broker

Just like the other broker in the market, they are offering you a wide range of “account types” to meet your needs and wants. You can choose the account accordingly because each account has its own importance.

Following are the accounts they are offering:

Demo account

Standard account

ECN account

Islamic account

Demo account

You can open the demo account right now if you want to learn more about the “tradersway broker” before depositing any money in the real account. You can go for the instant execution and market execution practices in the tradersway demo account.

When you’re satisfied with the performance of this platform, you can head towards the standard account.

Standard account

This account is for the beginners where you’ve to deposit only $10 to get started with the “forex world.” you’ve to get started with the fixed leverage and spread, and if you’re not comfortable with it, you have to choose the other account.

But, it’s the best account for the newbie because you can’t risk your money and it’s better to invest $10 to learn a few things and then scale-up everything.

Note* there’s no information about leverage/margin for the standard account given on the “official website of tradersway account.”

ECN account

With the help of metatrader 4, you can actually start your trading with an ECN account with a minimum deposit of $10 (limited time offer). You have direct access to the global market, and with the help of MT4, you can enjoy the advantages of market conditions and earn a handsome profit with the right tactics.

Note* they have introduced MT5 in the year 2020, and you can download it without any problem.

Islamic account

With the help of an islamic account, you don’t have to deal with any commission/fees, and everything is under islamic laws.

They haven’t mentioned a lot of islamic accounts which means “you’ll have to contact them in order to know more about it.”

Trading platforms of tradersway broker

They are offering you a wide range of “trading platform” and a possibility to trade on almost every device possible. What we love about tradersway broker is “their trading platforms,”

YES, you can enjoy the fast, convenient, and one-click trading with the help of tradersway broker trading platforms.

Following are the trading platforms that they are offering:

Metatrader 4

Metatrader 5

Metatrader web terminal

Metatrader mobile applications

Metatrader for IOS

Metatrader for mac

Ctrader

Calgo

Ctrader web and mobile apps

The list is huge, and you won’t be facing any problem when trading using the “tradersway broker trading platforms.”

A lot of people are questioning about the facilities of the “tradersway”, and it’s time to fade away the dark clouds from the truth.

Tradersway broker spread

Different accounts have different spreads, and the technical possibility of the tradersway is making it possible to establish minimum possible spread for all of the accounts. Tradersway broker understands the desires of the traders and offers you the following:

Fixed spread

Floating spread

If we talk about the forex only, then currently following are the spread that tradersway has to offer:

You’ll enjoy the lowest possible spread with the EUR/USD pairing.

Tradersway execution time

There are two ways of execution that tradersway works on:

Instant execution

Market execution

In instant execution, you’ve to wait for several goals to meet in order to place the order and there are a lot of risks involved. For instance, you never have a clue that at what price the buyer is going to buy your assets, and you might end up on a losing side.

But, in the market execution, you only have to place an order by specifying the volume because everything else is taken care of by the authorities. You won’t be responsible for the “price hikes or price trails.”

Leverage of tradersway broker

There are different types of accounts that tradersway broker is offering, and each account has different leverage/margin levels. Let’s discuss them!

Demo account (you can set up leverage/margin of your own choice)

Standard account : 1:3000

ECN account : 1:500

Islamic account : 1:500

Customer service of tradersway broker

The customer service is great, and you’ll get prompt responses to your queries. They have a faqs section too on their website to solve your problems, but if you don’t find anything that is similar to your problem, then there’s an option of live chat available, and you can contact them by clicking here.

Now, that’s all from the technical and in-depth detail of the tradersway broker, and it’s time to move on to the section “how to open tradersway broker account” and “how to withdraw profit money.”

How to open tradersway broker account

To open the account on tradersway, you’ve to follow the steps given below.

Head towards the official website of the tradersway official website by clicking here , and you’ll end up finding yourself at the front page.

There’s no separate page for the registration, you’ve to scroll down a little bit, and you’ll have the registration form right in front of you. Here’s the glimpse of the registration form:

Fill this form completely, and then you’ve to scroll down a little bit more to complete the information regarding your account type:

Once you’ve selected the account type, you’ve to click on the open account now button and click on the confirmation link by going to your email account.

Once clicking on the confirmation link, you’ll still be asked to enter the information mentioned below:

Bank details

Credit card information

Home address

Identity card

Possibly a selfie

Once you entered all the information, you’ll be asked to wait for 48 hours so that they can get the verification process done.

How to withdraw profit money from tradersway

Withdrawal is easy, and you can get your money real quick if you follow the instructions properly. They have introduced a lot of payment gateways to deposit/withdraw the money from your account. Following are the payment gateways that they are supporting right now:

Credit/debit cards via vload

Wire transfer

Bank transfer

Bitcoin

Ether

Litecoin

Ripple

USD coin

Trueusd

And they will add a lot of payment gateways in the future, and if you want to keep yourself keep-to-updated with the addition of payment gateways, you can click here.

Let’s now talk about the customer reviews regarding the “tradersway broker”, and this is where you get to know if this place is worth it or not.

Let’s compare the tradersway now with vantagefx.Com

Tradersway vs.Vantagefx

Here’s the brief comparison of tradersway and vantagefx broker.

Tradersway.Com

Vantagefx.Com

Account types: standard and ECN

Average spreads: fixed 2 pips of USD/EUR

Average spreads: fixed 1.4 pips of USD/EUR

Headquarter: the commonwealth of dominica

ADVANTAGES AND DISADVANTAGES OF TRADERSWAY broker

There are several advantages and disadvantages that you’ve to deal with if you’re opening an account on tradersway broker. Let’s break down the advantages and disadvantages to enlighten you about it:

Advantages

They offer you different platforms for trading

They have launched cfds on bitcoin

The customer service is great and knowledgeable

Disadvantages

They don’t have a tag of “regulation.”

The only availability of the forex and metal on ctrader is the biggest disadvantage for the ctrader

They offer you only 3 cfds apart from forex pair

So, what’s your take on the advantages and disadvantages of the tradersway broker? Do let us know in the comment section.

Tradersway contest, promotions and bonuses

Just like the other giants in the businesses, they do offer you different bonuses, promotions, and contests to engage the investors.

Let’s take a start from the bonus first.

They are offering you a 100% deposit bonus if you’re depositing the money for the first time in your account. But, you must be wondering about how to get it right? Follow the steps given below:

Click on the deposit button and choose your payment gateway

Now choose the bonus option or simply deposit more than or equal to $5000 to avail the offer

Accept the terms and conditions and the bonus will be transmitted to your account the next minute

There are a lot of promotions and contests going on all the time, and you’ve to subscribe to the newsletter of the “tradersway broker” website in order to know what they are up to.

Currently, there’s no promotion and contest going on, and we will let you know once they have updated it.

Before we wrap up things and say goodbye to you, let’s talk about the pros and cons of all the services they are providing.

Pros & cons of tradersway broker services

Following are the services we are going to discuss here:

Commission and fee

Account opening

Deposit/withdraw

Trading platforms

Pros & cons of commission and fee

No commission fee for the standard and islamic account

High financing cfds rate

Low fee for the non-trading account

Pros & cons of account opening

Opening the account is easy and quick

Pros & cons of deposit/withdraw

Wide options for depositing/withdrawing the money

According to the reviews, they are scammers and take your money away. So, always keep your eyes open.

You’ll get the transaction done within one business day

Pros & cons of trading platform

MT4 and MT5 are available

They send you free reports and notifications about anything happening to your account

You’ll be notified with the confirmation of the orders

What are your thoughts about tradersway broker? Do let us know in the comment section. We would love to hear from you.

Frequently ask questions

How much can you withdraw from tradersway?

The minimum is $10. If you use that method, currently you can withdraw using other options as we have no way to send funds back using the same option. Otherwise, we ask you to withdraw back at least the same amount you deposited using the method you used to make the deposit.

How long does tradersway withdrawal take?

Withdrawal requests are processed within 48 hours on business days.

How does leverage work in forex?

Leverage in forex is the ratio of the trader's funds to the size of the broker's credit. In other words, leverage is a borrowed capital to increase the potential returns. The forex leverage size usually exceeds the invested capital for several times.

Is tradersway a market maker?

Yes, we used to act as a market maker for some of our micro account transactions and so we had to legally put that clause in the agreement. We have moved completely away from that business model (and phased out our micro-accounts over a period of 5 months)

Where is tradersway based?

Tradersway is an unregulated offshore forex & CFD broker that is based in dominica and registered under the name TW corp. The broker's aim has always been to provide traders with the widest opportunities available throughout all financial markets.

Is tradersway a US broker?

Is tradersway a US broker ? No, tradersway is not a US broker , even though you may find some claims about that! Tradersway is a company located in dominica, while dominica itself attracted many financial companies or activists to perform and deliver services to international clients.

Is tradersway regulated?

Is tradersway regulated ? No tradersway is not regulated forex broker since it does not hold a license from any worldwide serious forex authority. Meaning the broker was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any way it wishes.

What is a ECN account?

ECN stands for electronic communications network. An ECN broker is a forex financial expert who uses such a network to provide its clients with direct access to other participants in the market. An ECN broker consolidates quotes from several participants, in order to offer tighter bid/ask spreads.

Trader’s way review

General overview

Traders way specializes in forex and CFD trading options and attracts many US clients at traders way every day. With 7 years of trading experience in the financial markets, this forex broker is considered by many to be a reliable, good broker that provides limitless trading opportunities.

In order to find out if this review is true, we have thoroughly tested the trader way trading platform and trading conditions. We’ve also shared a review of our experience to help you discover whether this forex broker is your ideal trading partner.

Background

Founded in 2010, trader’s way is an offshore broker and trading company registered in dominica, an island country in the caribbean. Since the passing of the international business companies act (IBC) in 1996, dominica has become an attractive location for any broker to register offshore. This broker aims to increase the freedom of trading and its jurisdiction does not apply to any country’s restrictions.

With this in mind, we recommend all traders review their ability to deal with trader’s way with a legal consultant. Address: 8 copthall, roseau valley, 00152 dominica (1). Phone & fax: +1 846 937 0815 new accounts email address: sales@tradersway.Com customer service email address: helpdesk@tradersway.Com technical support email address: support@tradersway.Com

Tradersway review regulation and security

Trader’s way is registered and working in line with the commonwealth of dominica legislation. Its jurisdiction does not require any special license for forex activity, making trader’s way a non-regulated broker. Despite not being regulated, trader’s way states that its clients’ funds are kept separate from its own funds and exclusively in the hands of reputable banks and financial companies.

Tradersway account types

The four main trading account types available from trader’s way include:

FIX. – this is a standard account with fixed spreads that enables traders to trade on the metatrader 4 (MT4) platform. There is no minimum deposit or balance amount, no commission and traders are given 1:1000 leverage.

VAR. – again, this is a standard account for access to the MT4 platform but with variable spreads. It’s ideal for traders wanting to learn to trade without high risk and without commission. There is also no minimum deposit or balance amount and includes leverage of up to 1:1000.

ECN – this is a metatrader 4 ECN account with tight variable spreads and commission. It comes with a leverage of 1:1000 and requires a minimum deposit of $100.

ECN – rather than the MT4 platform, this account with tight variable spreads and commission provides traders access to the interbank market through the ctrader platform. It comes with high leverage of up to 1:500, and traders will need to pay a $50 deposit to open.

Before signing up for a live account, traders can assess the quality of services on offer and learn how the different accounts work by opening a demo one and getting a tradersway login for free.

Tradersway commission and fees

There is no charge for inactive accounts.

Tradersway minimum deposit

The minimum deposit is only $10 for ECN accounts.

Payment systems

All tradersway deposits and withdrawals can be done with these payment options:

Credit card /debit cards via vload

Wire transfer

Bank transfer (abra)

Bitcoin

Ether

Litecoin

Ripple

USD coin (USDC)

Tether (USDT)

Trueusd (TUSD)

Skrill

NETELLER

Perfect money

Fasapay

These payment options are all subject to local regulations. If a currency conversion needs to be completed for deposit or withdrawal, it is subject to a 1.5% fee from trader’s way.

Tradersway trading platforms

Trader’s way offers two of the most popular trading platforms to monitor trading performance for traders wanting to use its services. Every forex trader has a preference for a particular platform. These are the metatrader 5 (MT5) and metatrader 4 (MT4) and ctrader platforms.

Metatrader 4 is preferred by most experienced traders for its expert advisors (eas), technical indicators, and advanced charting package. The MT4 platform is also well-liked for providing a social trading service where traders can copy other trader’s deals. In addition to offering a web-based MT4 platform, trader’s way offers desktop and mobile versions of the popular platform too.

Then there’s the ctrader platform, which is also a go-to platform for many traders. It’s actually an award-winning platform that comes in web, desktop, and mobile versions and has been designed specifically for ECN trading. This platform is known for its ability to deliver on fast order entry, direct order entry via charts, and great execution speeds, traders can also use cmirror, a mirror, and social trading application that works with all ctrader accounts.

Products

Tradersway allows traders to trade on products including:

Forex

Metals (gold and silver)

Energies (oil and gas)

Stock

Indices

Commodities

All MT4.FIX., MT4.VAR. And MT4.ECN. Accounts can trade all of the instruments listed above, and CT.ECN accounts are only able to trade forex and metals.

Tradersway demo accounts

There are 4 different types of demo accounts available.

Fixed spread

Floating spread

2 ECN accounts

Review training and education

There is a resources section at trader’s way, however, the training material is very limited. Traders can find an economic calendar, as well as market information and an FAQ area.

They also provide live forex traders webinars with a broker from monday to thursday where traders can review the market and discuss fundamental events, trading techniques, and trade setups in real-time (2). There’s usually a live Q&A session with a broker to review the session at the end of each webinar, and traders can review recorded live sessions on the youtube channel afterward.

Customer service

Traders that have left a review state that they are fairly happy with the level of customer service from this broker.

Tradersway customer service contact details

Frequently asked questions

Does tradersway allow US clients?

Yes tradersway does allow US clients. You have the option of US dollars, euros, british pounds and canadian dollars. You can decide on your preferred currency when opening an account;

Overall impression

Our overall review is that our experience with trader’s way US clients, was good but we have to admit, it could have been better. There is a desperate need for more educational material to capture the interest of newbie traders and enhance user experience. Plus, trader’s way isn’t regulated, meaning clients have no cover at all if and when something happens to the company.

Negatives aside, they do offer some excellent bonuses, such as the 100% deposit bonus limited by $5000 per account. There’s no minimum initial deposit required for commission-free accounts and traders can access the ECN environment for as little as $10. We also like that it supports the most popular trading platforms, MT4, and ctrader.

Trader’s way does appear to be a reliable and fair broker, but the fact that the broker isn’t regulated is a real disadvantage in our eyes. It also means that they might be just too much of a risk for heavy traders and anyone looking to invest excessively may want to stay away.

1 – zoominfo, retrieved from https://www.Zoominfo.Com/c/traders-way/347195065

2 – anna-louise jackson, forbes advisor, retrieved from https://www.Forbes.Com/advisor/investing/what-is-forex-trading

Looking for more information?

If you are looking for more information then take a look at broker choices.

Tradersway review

Tradersway is an unregulated offshore forex broker that will appeal to the trader looking for a large choice of cryptocurrency deposit methods such as bitcoin, dash and litecoin. See our trader’s way review of this ECN broker for trading.

Tradersway – strengths and weaknesses

Tradersway review to assess whether this unregulated broker is legit or not and worth using

Tradersway major strengths

Choice of trading accounts – variable and ECN spreads

Most popular trading platforms – metatrader 4 and 5, ctrader

Low minimum deposits – open an account with $10

Highest level of leverage – trade with 1:1000

Large and unique range of funding methods

Regular promotions – 100% deposit bonus

Tradersway weaknesses

Poor spreads – wide spreads mean higher costs

Not a tier-1 regulated broker – questions of trust

High leverage – risk of big losses in A hurry

Questionable reputation – online feedback is poor

Limited choice of cfds – range of markets for trade is small

Our rating

The overall rating is based on review by our experts

Strength 1 – choice of trading accounts – variable and ECN spreads

One of the appeals of trader’s way is they have an account to suit all types of traders. Not too many brokers offer the clients a choice of each of the 2 types of trading spreads. Spread-only variable spreads (commission-free) and variable ECN pricing spreads.

This types of account are commonly called the “standard account” by other brokers. With this account, you get variable spreads with no commissions. In place of commission costs, trader’s way widens the spreads slightly so they can make a small profit on your trades. As this account has no commissions, it is popular with beginner traders who are looking for a more simple cost structure, as your costs are already included in the spread.
This type of account uses variable spreads, which means they are constantly changing depending on the liquidity for each currency pair. Spreads for EURUSD avg 1.4 pip, which is more than double the 0.5 pips MT4.ECN account offers.

When trading with this account, you must be using the metatrader 4 trading platform and you will not be able to trade cryptocurrencies.

MT4.ECN, MT5.ECN, CT.ECN:

The ECN trading account types use ECN/STP/DMA trading (the broker appears to use these terms interchangeably) to give connect you directly with liquidity providers so you can achieve the lowest spreads trader’s way offers. To keep spreads tight, the broker charges a commission fee of USD$3.00 to open your position and $3.00 to close your position. However, at times promotions with reduced commissions are offered (see strength 7). The ECN style low spread account is popular with scalping, high volume and robo-traders who will be looking to save on costs trading of large volumes can add up significantly.

With these accounts, you can choose metatrader 4, metatrader 5 or ctrader platforms and you can trade cryptocurrencies with the metatrader accounts.

Trader’s way trading conditions

Tradersway uses a no dealing desk (NDD) trading model with STP, DMA and ECN trading execution. This model gives traders the opportunity to be linked with various liquidity providers to get the best spreads. As trader’s way is not a market maker, they are not your counterparty and do not own any liquidity.

While straight through provider (STP), electronic communication network (ECN) and direct market access (DMA) are similar but different trading execution concepts, trader’s way appear to be using these terms interchangeably so it is not clear exactly which execution is being used. Nevertheless, each method connects traders with liquidity providers with no human intervention.

Conclusion choice of trading accounts:

With tradersway’s choices of trading accounts, forex traders will have the option to pick the best trading account that suits their trading style.

Strength 2 – most popular platforms – metatrader 4 and 5, ctrader

Trader’s way tradersway offer 3 of the most popular trading platforms found in the marketplace, giving forex traders the option to choose which platform they’d like to trade on.

Metatrader 4 and metatrader 5

Trader’s way offers metatrader 4 (MT4) with the MT4.Fix, MT4.Var, MT4.ECN accounts and metatrader 5 (MT5) with MT5.ECN accounts. If choosing MT4.Fix or MT4.Var, you will not be able to trade cryptocurrencies.

Released in 2005, metatrader 4 is the most popular trading platform worldwide. The trading platform is exceptionally popular with beginner traders (but also advanced traders) and those that only wish to trade forex for the following reasons:

An easy-to-use platform as it offers all the essential tools needed for successful trading with sufficient advanced tools without going overboard

Offers a clean and uncluttered trading interface so you can see and execute all the trading information you need without information overload

It is one of the most trusted platforms due to the fact it is one of the oldest and most developed platforms

It has the largest community of all platforms, which means you can find the support when you need it

It has one of the largest marketplaces which allows you to choose from a wealth of real-time signals and advisors

It uses 32-bit processing so is less resource intensive, which suits retail traders who may not have the resources to take advantage of 64-bit systems

It is specially designed for decentralised trading such as forex, which has no central exchange

Availability across several devices (desktop, browser and mobile apps (ios and android))

Free VPS hosting service with pre-installed MT4 software

Metatrader 5 was released in 2010 and is designed to offer a more comprehensive and powerful platform for trading across multiple assets. Despite being a superior platform than MT4, it is not yet as popular however there are good reasons traders should consider MT5 over MT4 platform.

Metaquotes have announced support and development of MT4 will be reduced going forward so it makes sense to start learning MT5 now rather than in future

More brokers will begin to offer MT5 in the future, giving you more options when choosing suitable brokers

Access to a greater choice of cfds such as shares, which require trading through a central exchange

MT5 offers all the features MT4 platform offers and more.

64-bit processing means faster, more reliable processing. Faster processing helps reduce the risk of slippage.

Regardless if you choose MT4 or MT5, you will be getting access to excellent platforms that offer all the features one needs to trade.

Below is a head-to-head comparison of the features of the platform:

Both platforms offer automated trading through expert advisors. While MT4 uses an order system, MT5 uses a positional system which can make automation with MT5 easier.

Looking at the comparisons, the main difference to note is that MT5 offers everything MT4 does and more:

MT5 offers more technical indicators which allow you to analyse past movements and anticipate future trends using annual reports and economic data. Indicators are useful as they help you identify future trading opportunities. MT5 offers 38 of these tools, increased from 33 on MT4.

Analytical tools offer a quantitative analysis, which means decisions can be made on pure data without the influence of emotion. MT5 offer 44 of these tools compared to 33 on MT4.

Timeframes are very useful tools, as currency pairs are constantly changing due to the sheer liquidity in the market. While basic timeframes such as weekly, daily, 4 hour and hourly will suffice for most traders, MT5 really allows traders to dig deep and isolate trends on micro-scale with greater 21 timeframe choices.

Ctrader

Ctrader is one of the most popular trading platforms among traders. The software offers a variety of charting tools with advanced order types, and most importantly, fast entry and execution of orders. It has a very user-friendly interface where it is connected to a back-end technology, with the software available on multiple devices.

What makes ctrader outperform both MT4/5 is that it has a modern design, advanced ordering plus market depth options (not found on MT4). Additionally, it offers calgo, allowing you to develop your trading software (cbots) or create your own indicators.

Additional software tools

Trader’s way offers social trading tools which can help your trading experience. Social trading is especially popular with beginner traders as they allow you to learn from and copy other successful traders, meaning there is no need to learn to forex trade yourself.

This social and auto trading platform offers a wealth of statistical and financial features in order to provide comprehensive analytical tools so users can get a detailed analysis of the trading systems they are using and statements. By providing a deep analysis of the trader’s statements, trading activities can be improvised.

Myfxbook autotrade

Myfxbook’s autotrade copy trading system allows you to copy from a large choice of systems directly into your metatrader trading account. This makes social copying simple and easy, as you can access all the analytical tools myfxbook offers which can be used to find the system that you plan to copy based on your desired criteria.

A strength of myfxbook’s is that it uses algorithms to eliminate poor-performing signals and prioritise only the best performing signals.

MT4 trading signals

MT4 signals is metatrader’s built-in solution for social trading. As this product is part of the trading platform, all you need to do is choose a signal provider and subscribe to their signals. Once subscribed, you can set up your filters so automatically copy the signals provider.

One of the benefits of choosing the metatrader social trading solution is the large community metatrader offers. This means you can choose from an infinite number of signals to follow, thus increasing the chances of finding someone that trades in a style that suits you.

Rating broker by platforms

We like tradersway platform offering. They offer three of 3 most popular generally available platforms on the market and a few social trading tools to further enhance your trading experience. If you’re looking for even more tools, then pepperstone or IC markets are good options. If you’re looking for a specialist platform with risk management features, then easymarkets may appeal.

Conclusion on most popular trading platforms:

Every forex trader prefers a specified trading platform. Tradersway offers the most popular platforms which facilitate trading and analysis. In forex trading, MT4 is still the most used platform among traders since its release in 2005.

Strength 3 – low minimum deposit – open accounts with $10

Most forex brokers require a minimum deposit of $200 to open a live account. Tradersway allows you to start trading with as little as $10.

While you will definitely benefit by investing larger amounts when trading as this presents more opportunities for greater returns, in some circumstances, traders may wish to open an account with minimal amounts. Reasons could include:

The trader wishes to practice trading with a minimum amount. While a better option to this would be a demo account, some trader may prefer to use a small amount of their own money.

You want to trade in nano or mini lots. While it can be hard to get big profits trading with very small amounts, leverage of 1:1000 can help you increase your profits.

You need to open an account before you can transfer funds to use for trading

Although trader’s way has low minimum deposits, it is worth noting the broker does encourage larger initial deposits through their bonus program. The table below compares the minimum deposits with other notable brokers. If you are a serious trader seeking greater earning potential, then you will end up depositing larger amounts of funds inevitably so there are brokers with reasonably larger minimum deposits such as IC markets should not be discounted. Saxo markets have very high minimum deposits, as they are likely targeting semi-professional traders.

USD
trader's way	$10 MT4.ECN $100 MT5.ECN
IC markets	$200
pepperstone	$200
axitrader	$0
CMC markets	$0
IG group	$300
thinkmarkets	$0
FXCM	$50
FXTM	$10
swissquote	$1,000
saxo markets	$10,000

By not requiring a minimum deposit, tradersway is giving the chance for small retail traders and beginners to have the chance to be one of the participants in the financial market.

Strength 4 – highest level of leverage – trade with 1:1000

Tradersway allow leverage of up to 1:1000 for each of its metatrader accounts and 1:500 for its ctrader account. Trader’s way uses tiered leverage with the maximum allowable leverage reduced the more you trade.

Metatrader balance	metatrader leverage	ctrader balance	ctrader leverage
less than 50,000	1:1000	less than 50,000	1:500
50,00- to 50,000	1:500	10,00- to 50,000	1:200
50,000 to 60,000	1:400	50,000 and above	1:100
60,000 to 70,000	1:300
70,000 to 80,000	1:200
80,000 to 100,000	1:150
100,000 and above	1:100

What high leverage means for traders

Leverage of 1:1000 gives the trader the ability to borrow $1000 for each $1 deposited (in case the account is in US dollars) when trading the forex market.

Using high leverage can assist traders to greatly increase the amounts of profit they can achieve while committing only a small amount of their own money. Should you trade with high leverage, be aware you can also increase your risks of large losses if the currency pairs moved against you.

With up to 1:1000 leverage available to its customers, tradersway offer far more than a regulated broker will offer. ASIC allows brokers operating in australia to offer up to 1:500, while financial authorities in europe such as the FCA, cysec and bafin allow 1:30 for major currency pairs and 20:1 for minor currency pairs.

Trader’s way policy of reducing maximum leverage the more you trade can be seen as a somewhat sensible policy, as losses with large investments using 1:1000 can lead to crippling financial losses.

Strength 5 – large and unique range of deposits

Tradersway gives its clients a wide range of payment types for deposits and withdrawals, including options not commonly found with most other brokers. Traders looking to fund their account anonymously may appreciate vload, abba, and cryptocurrency options.

Credit cards and debit cards deposits and withdrawals

Trader’s way does not accept credit or debit cards for funding, instead, they provide 3rd party platforms to facilitate payment with visa, mastercard and other bank cards. Tradersway does not charge any fees however the 3rd party provider will have fees as the back end.

Vload is a voucher system where one can transfer funds and then use a pin to place the vouchers funds into a trader’s way account. Withdrawals fees are 5.5%

Abba is a mobile platform that will accept funds from credit and debit cards, bankwire and even cryptocurrency from where one can transfer their funds to their trader’s way account. Withdrawal fees with cards range from 4-8%

Cryptocurrency deposits and withdrawals

Funding with cryptocurrency is becoming increasingly popular due to the speed one can make deposits and withdrawals and the anonymity that these funding methods allow. With cryptocurrency, traders don’t need to worry about funding red tape that may be associated with traditional methods.

Trader’s way also accepts a large range of funding via cryptocurrency. Cryptocurrencies accepted include bitcoin, litecoin, ripple, ether, USD coin, tether and trueusd. You will need to purchase the coins via a cryptocurrency exchange such as coinbase and then transfer the coins to your trader’s way account.

While trader’s way does not charge any fees, the cryptocurrency network will have their own charges, which usually apply when you make a withdrawal.

Ewallets / digital wallets

If you prefer to fund your accounts via the web, then you have a range of options. These include skrill, perfect money, fasapay and NETELLER. Use of these services will incur charges from the provider.

Below is a summary of the available options provided by tradersway.

Methods of payments	comments
credit/debit cards via vload	1. Cash voucher system for online payments 2. Only EUR and USD 3. Min/max withdrawal 100/5000 per transaction 5. 5% fee from vload
wire transfer
bank transfer (abra)	1. Deposits can be made with A. Bank transfer (0-0.25% fee) B. Credit/debit cards (4-8% fee) C. BTC, BCH,LTC (cryptocurrency network fees)
cryptocurrency options
bitcoin	1. No min/max transactions 2. No commissions for deposits 3. Bitcoin network charges fees to withdrawal
ether	1. No min/max transactions 2. No commissions for deposits 3. Bitcoin network charges fees to withdrawal
litecoin	1. No min/max transactions 2. No commissions for deposits 3. Bitcoin network charges fees to withdrawal
ripple	1. No min/max transactions 2. 20 XRP fee for deposits lower than 1000 XRP 3. Rippled network fees to withdrawl
USD coin (USDC)	1. No min/max transactions 2. No commissions for deposits 3. Bitcoin network charges fees to withdrawal
tether (USDT)	1. USDT only accepted on ethereum network (ERC20 protocol) not omni version 1. No min/max transactions 2. No commissions for deposits 3. Bitcoin network charges fees to withdrawal
trueusd (TUSD)	1. No min/max transactions 2. No commissions for deposits 3. Bitcoin network charges fees to withdrawal
digital wallets, ewallets
skrill	1. Minimum $10 for withdrawals 2. 1.9% fee for deposits 3. 1% fee for withdrawals
NETELLER	1. 1% fee for withdrawals
perfect money	1. 1% fee for withdrawals
fasapay	1. 2.9% fee for deposits 2. No withdrawal fees

Strength 6 – regular promotions – 100% deposit bonus

Tradersway is generous when it comes to bonuses. This forex broker offers a 100% bonus credit on your initial deposit to use for trading. That means you have double the funds available for trading.

Weakness 1 – poor spreads – wide spreads mean higher costs

Our review of tradersway’s spreads by our analysts shows that they are quite wide when compared to similar brokers. Wider spreads mean higher costs. Scalpers especially will want to trade with a broker with tight spreads due to the high volume of trades they will perform.

Tradersway charges an average spread of 0.5 pips for EUR/USD (ECN accounts) which means each time you open and close a trade you will pay USD$5. With a cost of $10 in total to exit your position, this can be expensive when trading with many lots.

Our table below shows how trader’s way spreads compare with other brokers.

No commission spreads

Trader’s way has an average of 0.5 pips EURUSD for commission spreads. This contrasts with some other brokers like pepperstone and IC markets who average around 0.1 pips. To open and close with trader’s way you will pay $10 on average while to open and close pepperstone and IC markets you could pay as little as 0.20 pips on average, equating to $2.00. This means you will save $8.00 for each standard lot you trade. If you are trading with high leverage, regularly this cost difference can be significant.

Traders way review 2020

Rue ECN accounts with low deposit requirements for both metatrader and ctrader platforms

High leverage up to 1,000:1 on metatrader and 500:1 on ctrader platforms

Accepts clients from USA

100% bonus offer with low minimum deposit makes it ideal for new traders to try live trading

Spreads on variable accounts can often jump too high

Lack of regulatory oversight

Higher execution times plus slippage experienced during our live testing

headquarters	roseau valley, dominica
type of broker	STP & ECN/STP
founded	2011
regulated by	regulated by not regulated
offices in	dominica
supported languages	english, spanish, malaysian, chinese, indonesian, polish, farsi, arabic, russian
ESMA regulation ?	This broker is not regulated within the E.U and is not subject to ESMA's new forex and CFD trading restrictions. To find out more about these restrictions, please see this article

Typical spread on majors - live better spreads my be offered by the broker on other accounts."alt="info" />

Order excution tests results - live measurements are taken daily and news event measurements once a month"alt="info" />

Traders way server location:

Our client terminal location:

Order excution (normal hours)

Order excution (during news)

Review sections

Tradersway is primarily a forex broker based in dominica, a mountainous caribbean island nation. It is one of those lesser-known brokers that most traders would think twice before considering trading with due to the lax regulatory environment that it operates in. Tradersway is owned and operated by TW corp, but we couldnâ€™t verify if they are registered as a broker or simply as a company.

While it was not easy finding the office address of tradersway on its official website, our research found that it is located at 8 copthall, roseau valley, 00152, in the commonwealth of dominica. The domain is registered in december of 2010 and the broker started operating as a business in 2011.

Tradersway's business model is based on attracting clients who are actually looking for unregulated brokers, and it is one of their selling points. In a forex factory thread back in 2014, an official representative of the company proudly wrote that they are "out of the reach of the CFTC and thus can offer clients the same trading conditions that the rest of the world is able to freely enjoy.".

Hence, forex traders from the united states can trade with tradersway and enjoy a high leverage of up to 1000:1 and other benefits of trading with an offshore broker.

Sure, the way it has set up the business will raise some eyebrows and it is not looking to attract clients who feel more comfortable trading with a broker regulated by a reputed regulatory authority. However, tradersway has positioned itself in a niche market in the forex industry and has provided quality brokerage services to its long list of international clients for almost a decade.

If you are searching for an offshore broker with a good reputation and are not going to put too much emphasis on it being located in certain jurisdictions or regulated by a name you recognize, then our review of tradersway can help you decide if it is suitable for your trading needs or not.

Regulation and safety of funds

As far as our research suggests, tradersway is not regulated by any government authorities. However, dominica is not completely unregulated and you can always knock on the doors of east caribbean securities regulatory commission if you need to remedy any issues with any caribbean financial institution.

But, this lack of regulation means that we had to assign a fairly poor rating for this broker in the regulatory category.

Nonetheless, tradersway does offer the acclaimed ctrader platform. One of the features of the trader ECN model is that brokers have to connect at least one liquidity provider to the platform. Also, ctrader, as a hosted platform, does not allow brokers to play around with the software so traders can be sure that all price feeds are sourced directly from the liquidity provider. This way, while the broker is not regulated, forex traders can find some comfort in knowing that using ctrader can protect them from potential business malpractice.

When it comes to the safety of client funds, however, tradersway has segregated accounts. It means that client funds are never mixed with their operational funds. In case of a business failure, clients can claim their deposits and those should be paid out with priority.

Trading services: types of forex trading accounts offered by tradersway

Tradersway offers five different types of accounts in order to cater to the different needs of forex traders. The MT4.FIX. Account, as you can guess, is a fixed spread standard account that most dealing desk brokers offer. Traders can start live trading with a minimum deposit of $2 and can enjoy trading with metatrader 4 straightaway with fixed spreads that start from only 2 pips on certain currency pairs.

The MT4.VAR. Comes with dynamic spreads and traders can enjoy spreads from only 0.7 pips. The initial deposit amount for this account is also only $2. While variable spreads can offer better bid and ask prices, keep in mind that these tend to widen during changing market conditions and carries higher risks if you are a short-term trader.

Both the MT4.FIX. And MT4.VAR. Offer very high leverage of up to 1000:1

The ECN accounts are where tradersway excels as an unregulated forex broker. Very few regulated brokers offer high leverage to their ECN clients. But, being located on a caribbean island, it can get away with offering 1000:1 leverage on both MT4.ECN. And MT5.ECN. Accounts. Even the ctrader based ECN account, CT.ECN. Offers up to 500:1 leverage.

While spreads can go as low as 0 pips with all three ECN accounts, tradersway requires different minimum initial deposits for different types of accounts. The MT4.ECN. And MT5.ECN. Accounts require a higher, $100 initial deposits. On the other hand, the CT.ECN. Account can be opened with a $50 deposit.

A quick comparison of different accounts offered by tradersway

MT4.FIX.	MT4.VAR.	MT4.ECN.	MT5.ECN.	CT.ECN.
Spreads from:	static spreads, starting from 2 pips	dynamic spreads,starting from 0.7 pips	dynamic spreads, starting from 0.0 pips	dynamic spreads, starting from 0.0 pips	dynamic spreads, starting from 0.0 pips
commission USD per lot:	none	none	25 USD per 1 million USD turnover	25 USD per 1 million USD turnover	2.5 USD per 1 million USD turnover
leverage:	1000:1	1000:1	1000:1	1000:1	500:1
minimum opening deposit USD:	$2	$2	$100	$100	$50
minimum lot size	0.01	0.01	0.01	0.01	0.01

Although tradersway is a forex broker and offers over 40 currency pairs, like many of its competitors, forex traders can also explore trading various metals such as gold and silver. Also, tradersway offers a few energies, such as oil and gas to be traded on the platform.

Tradersway clients can open demo accounts, it does not extend past the standard 30-day period.

Trading platform & technology

As you can tell from the name of the accounts, tradersway has implemented two major trading platforms: metatrader 4 and 5, as well as invested to provide cutting edge technology, such as the ctrader platform.

While the fixed and variable spread accounts are all offered with the metatrader 4 and 5 platforms, the ECN accounts of tradersway are available for both metatrader and ctrader platforms.

Metatrader 4 and 5 are two of the industry-leading trading software packages from russian software developer metaquotes. Over the past two decades, metaquotes has established itself to be the topmost solution provider to forex brokers.

Both metatrader 4 and 5 comes with an impressive list of technical analysis features and tools. Besides including a range of technical indicators, it comes with the MQL coding platform which can be used by traders to build custom indicators and trading algorithms.

Moreover, metatrader from tradersway provides the strategy tester application. With it, forex traders can write their own automated trading robots and tweak settings as needed to profit from fluctuations in the currency markets without being present in front of a screen.

The ctrader platform comes from cyprus based spotware. Although it is a relatively new company, the ctrader has gained popularity among forex traders due to its broad range of technical analysis capabilities, indicators, and the ease of use.

The ctrader platform also has the ability to trade automatically with algorithms, but it uses a proprietary algorithm trading solution called ctrader automate, previously known as calgo.

At the time of writing this review, we tested both software platforms for reliability and found it to be extremely versatile. Even on older computers, both metatrader and ctrader performed relatively well. During our order execution testing, we found tradersway's order execution times to be in the slower range compared to other brokers that we tested. There were also issues with slippage.

Here is a summary of our order execution test results.

Busy professionals will find it useful that tradersway offers mobile trading apps for both its metatrader and ctrader platforms, which comes bundled as software packages from the respective platform providers.

You can easily download the apps from the google play store and apple's app store for android and ios devices and trade on the go.

Customer service and support

As an offshore broker based in dominica, tradersway does not run a traditional office where you can visit to gain customer support. However, in the age of online shopping, nobody actually travels to an office to resolve any issues they are facing from their service providers.

However, when it comes to alternative channels for providing customer support, tradersway has implemented three different channels. First, you can email tradersways customer service at helpdesk@tradersway.Com, but if you are facing technical problems, it is better to reach their technical support desk at support@tradersway.Com. Tradersway claims that all of the customer inquiries are addressed within 24 hours and our extensive test confirmed the responsiveness to be accurate.

You can also reach tradersway via online chat, which is available on every page of their official website, and usually, the wait time is not that high as well.

Last but not least, you can call the tradersway customer service at +1 849 9370815.

During our research, we made several test calls to tradersway customer support and found their team to be professional and knowledgeable about forex trading. Our team of ghost callers asked some questions and asked them to solve some fictitious problems. We found that on average, the waiting time was not too long compared to industry averages and our issues were dealt with in a timely manner. Also, we found the customer service agents of tradersway to be polite and professional. When they were not sure about how to address an issue, they asked if they can get back to us and we usually received a response within 24 hours.

Based on our criteria, we gave the following ratings to their customer service:

the final rating for customer service experience
weight	nominal rating	weighted rating
connection time	10%	3.0	0.30
toll-free number (yes/no)	10%	1.0	0.10
multilingual support	10%	1.0	0.10
professionalism	25%	4.64	1.16
resolving issues(yes/no)	45%	5.0	2.25
final rating	2.93	3.91

Deposit and withdrawal methods

While there are several payment methods supported by tradersway, we found that they do not accept credit and debit cards directly. To make a deposit with credit and debit cards, traders first need to buy a voucher from vload and then deposit the voucher. While this might sound like a cumbersome process, it does increase security by not providing your personal banking information to your forex broker.

Besides vload, tradersway also supports the arba app, which can be funded by wire transfers as well as credit and debit cards.

However, if you are looking to make larger deposits, it is better to use a direct wire transfer to tradersway's bank account via vload. While wire deposits are charged a 2% fee, you can get it reimbursed if you make a deposit of $2,500 or more with US dollars or euro.

Besides traditional payment methods, tradersway also supports cryptocurrencies like bitcoin, litecoin, ripple, and ether. To make a deposit with these cryptocurrencies, first, you need to open a coinbase account and transfer the deposit through them.

In addition, a number of digital wallets are also supported by tradersway. For example, traders can make deposits with NETELLER, perfect money, and fasapay.

Current promotions and bonus offers

As of december 2019, tradersway is offering a 100% deposit bonus. Anyone depositing above $10 can claim the 100% deposit bonus on their account. To avoid misuse of the bonus program, they credit the bonus to your account on a daily trading volume basis instead of offering it at once.

The bottom line

Since 2011, tradersway has been providing a quality offshore forex brokerage service to a niche market of traders who prefer to get true ECN trading experience and unbound customer service outside of the regulated forex market.

Offshore brokers like tradersway fill in a very important gap in the forex industry as they cater to traders from jurisdictions that are not friendly to forex brokers. For example, forex traders from the united states have very few options to choose from when it comes to picking a broker that provides quality services. Here, brokers like tradersway are the only options who cater to these traders and offer them services like high leverage, which is a norm outside of the U.S. Markets.

The lack of regulatory oversight of tradersway is certainly a concern. But in a free and open marketplace, a reputation earned by providing years of quality service is as valuable a signal of stability and reliability as being regulated by a government agency.

Opening an account with tradersway can be a rewarding experience if you are comfortable trading with an ECN broker who is not regulated but conducts its service on the strength of its reputation alone.

Based on our research, we have assigned the following ratings to tradersway. To know more about how we rate brokers, read our review process.

Rating categories		weight	nominal rating	weighted rating
1	regulatory oversight	15%	1.00	0.15
2	security of client's funds / segregated acc.	10%	3.00	0.30
3	business model of the broker	5%	5.00	0.25
4	transaction costs and fees	15%	4.50	0.68
5	ease of deposit and withdrawals	5%	4.00	0.20
6	trading platform	10%	5.00	0.50
7	order execution/server latency	5%	1.00	0.01
8	customer support	5%	3.91	0.39
9	leverage and margin	10%	5.00	0.25
10	initial deposit amount	5%	5.00	0.25
11	type of assets offered	10%	5.00	0.50
12	public opinion	5%	4.00	0.20
avarage rating	3.87
weighted avarage rating	3.72

Does traders way offer cryptocurrency trading?

Yes, they do offer cryptocurrency trading. Clients can trade popular cryptocurrencies on a traders way MT5.ECN account. There are 9 cryptocurrency cfd’s on offer.

Does traders way provide access to the ctrader platform?

Yes, this broker does offer the ctrader platform to its clients. Additionally, it also offers the popular MT4 and MT5 platforms.

What leverage does traders way offer?

As traders way is unregulated, this allows them a lot more flexibility in their trading terms. As such, they offer a high leverage of 1000:1, which is higher than most brokers.

You can login to your traders way account (“private office” they call it).

Where is traders way located?

Traders way is located in roseau valley, in the commonwealth of dominica.

How do I withdraw money from traders way?

Traders way offer a variety of withdrawal options, including cryptocurrencies and a number of popular e-wallet’s such as skrill, neteller and others.

Traders way reviews

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