Tradersway bonus 2021

Please note that foregin exchange and other leveraged trading involves significant risk of loss.

Today forex bonuses

100% Deposit Bonus, tradersway bonus 2021.

It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

_{Trader's way reserves the right to change or modify the promotion rules, stop the promotion or any of its parts anytime without prior notification}
_{Any arguable situation not listed in these rules will be the subject to the decision of trader's way. Any decision taken by trader's way will be considered final and mandatory for all the parties}
_{Trader's way reserves the right to decline client’s bonus application without explaining the reason}
_{Trader's way reserves the right to cancel client’s bonus without explaining the reason}
_{Trader's way reserves the right to block client’s account and cancel the deals made using the bonus}
_{The english version of these rules should be considered prevailing over any other language versions}

100% deposit bonus

Trader's way widens your trading opportunities providing you with a 100% bonus on your deposit. You only need to make a deposit, choose the bonus amount and it will be credited to your trading account. The bonus is cashed to your account on a daily trading volume basis.

How to get the bonus:

Log into your private office on our website

Click deposit and choose any of our deposit options

In the deposit bonus dropdown list, choose the desired bonus amount, up to 100% (or $5,000) of your deposit

Accept our deposit bonus terms and conditions

The bonus will be automatically credited to your account

Terms & conditions:

The bonus is 100% of the deposit, limited by $5,000 per account at a time

The bonus is available only on MT4.VAR. And MT4.ECN accounts

The bonus is cashed to your account at the end of every day. Rebate = 0.5USD per 1 closed lot*

The bonus CANNOT be withdrawn

The bonus is cancelled in case of ANY withdrawals

The bonus cannot be used for news trading

The bonus is EXCLUDED from the equity during stopout calculation and is cancelled at the stopout. Note: in the metatrader 4 trading platform the bonus is included in the equity. To calculate your real margin level you need to deduct the bonus from the equity shown in MT4 and divide this amount on the margin used.

* currency pairs and metals only

How it works:

There will be two columns in your MT4 platform -- your "balance" (which is the funds you have deposited) and "credit" which will be your bonus. Suppose you trade 2 standard lots on your first day of trading; for each lot you trade we move $0.50 from the "credit" column into your "balance" column. This happens at the end of the trading day and will appear on your account statement as "bonus to balance." since you have traded 2 lots on the first day, your "credit" will decrease by $1.00 and your "balance" will be increased by $1.00; you can think of it as you getting some cash back (or a rebate) on a portion of your commissions.

_{Trader's way reserves the right to change or modify the promotion rules, stop the promotion or any of its parts anytime without prior notification}

_{Any arguable situation not listed in these rules will be the subject to the decision of trader's way. Any decision taken by trader's way will be considered final and mandatory for all the parties}

_{Trader's way reserves the right to decline client’s bonus application without explaining the reason}

_{Trader's way reserves the right to cancel client’s bonus without explaining the reason}

_{Trader's way reserves the right to block client’s account and cancel the deals made using the bonus}

_{The english version of these rules should be considered prevailing over any other language versions}

Any questions?
Email us: sales@tradersway.Com

Please note that foregin exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

All information on this website is not directed toward soliciting citizens or residents of the united states and the united kingdom.

Tradersway

Votre capital est à risque. Les CFD sont des instruments complexes et présentent un risque élevé de perte rapide en capital en raison de l'effet de levier. Entre 58 et 89 % des comptes de clients de détail perdent de l'argent lors de la négociation de CFD. Vous devez vous assurer que vous comprenez comment les CFD fonctionnent et que vous pouvez vous permettre de prendre le risque élevé de perdre votre argent. Veuillez noter que certains brokers, produits, bonus et/ou levier peuvent ne pas être disponibles pour les traders de certains pays en raison de restrictions légales.

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Avertissement de risque : investissements soumis à un risque élevé. Il est possible de perdre l’intégralité de votre investissement. Les CFD sont des instruments complexes et présentent un risque élevé de perte rapide en capital en raison de l'effet de levier. Entre 58 et 89 % des comptes de clients de détail perdent de l'argent lors de la négociation de CFD. Vous devez vous assurer que vous comprenez comment les CFD fonctionnent et que vous pouvez vous permettre de prendre le risque élevé de perdre votre argent.

Les informations figurant sur ce site ne sont pas destinées à être diffusées ni à être utilisées par des personnes se trouvant dans un pays ou une juridiction où une telle distribution et utilisation seraient contraires à la loi ou à la règlementation locale et ne s'adressent pas aux résidents de: belgique · france · japon · lettonie · turquie · états-unis d'amérique ·

Traders way review 2020

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.

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!

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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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.

Trader’s way review

General overview

Background

Tradersway review regulation and security

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

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.

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

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 and ratings

Availability

Tradersway accepts clients from all over the world, excluding some countries where restrictions apply.

Distinctive features

Simple registration and verification process.

Several trading platforms provided for the clients.

Trading accounts with both variable and fixed spreads.

Cryptocurrency funding accepted.

Trading instruments

Forex broker offers the following underlying assets for trading.

45+ currency pairs	based on major and minor world currencies.
9 crypto pairs	based on bitcoin, bitcoin cash, ethereum, ethereum classic, dash, litecoin, monero, ripple, zcash.
2 metal spot cfds	based on gold and silver.
1 energy spot cfds	based on crude oil (WTI).

Comprehensive review

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.

The broker was founded in 2011, and was recognized as “best STP/ECN broker” in 2014 by the forex report awards. In addition, the well-known forex industry resource fxstreet awarded chief FX market strategist wayne mcdonell at tradersway with its “best speaker award” in 2016 for the educational content he shares with the trading community. Tradersway provides access to trade most popular forex pairs, as well as cfds based on bitcoin, precious metals, and oil. Compared to its competitors, spreads offered by tradersway are mid-level and definitely not among the tightest in the industry.

Despite not having the tightest spreads, however, trading with an offshore-based broker like tradersway still comes with certain benefits such as a hassle-free sign-up process and high trading leverage. In the case of tradersway, leverage is capped at a maximum of 1:1,000, which means that even traders with small trading accounts can achieve significant buying power in the market.

The broker furthers offers a fairly wide range of trading platforms to its clients, including the popular metatrader 4 and 5, and the newer ctrader platform, designed for use with the broker’s ECN account. In addition, solutions like myfxbook autotrade are offered to all clients, allowing them to link their MT4 accounts to autotrade’s system for automated “copy trading.”

In terms of account types, the broker offers 5 types of live accounts, as well as a standard demo account. The following live trading accounts are available:
– MT4.FIX – A standard trading account with fixed spreads starting from 2 pips
– MT4.VAR – the same as the above but with dynamic spreads starting from 0.7 pips
– MT4.ECN – commission-based ECN account with much tighter spreads starting from 0 pips
– MT5.ECN – same as the above, but designed for the MT5 trading platform
– CT.ECN – ECN account for the ctrader platform with spreads starting from 0 pips

Tradersway is currently offering a 100% deposit bonus as a promotion for new traders. It is limited to $5,000 per account at a time and only applicable to MT4 accounts. Although the bonus amount itself cannot be withdrawn, any profits made with the bonus is freely withdrawable.

Other resources traders can benefit from to improve their trading skills include a convenient economic calendar, and live webinars hosted by the broker’s well-known chief FX strategist wayne mcdonell who has been trading publicly since 2004. Webinars are held mondays to thursdays during the london lunch break, and covers market-moving events, relevant technical levels in the market, and important things traders are talking about. Previous webinar sessions are also uploaded to youtube for viewing at any time.

When it comes to deposits and withdrawals, these can be made through all the most common payment methods, including international bank wire transfers, credit and debit cards, and various e-wallet services such as skrill and neteller. In addition, we appreciate that tradersway accept deposits in a variety of cryptocurrencies such as bitcoin, litecoin, and ether.

Lastly, tradersway customer service can be reached via a US phone number, live chat, or email. The broker does not explicitly state any customer support working hours, but instead says that all inquiries will be processed within 24 hours on business days.