Tradersway Review

MIN. DEPOSIT $10
Up to 1,000:1
Up to 100% BONUS
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Tradersway
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Overview

Company Information TradersWay is an online brokerage company established in 2010. The firm was found by experts from the financial markets industry with vast experience and high hopes of free… more

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Details

BrokerTradersway
Website URLhttps://www.tradersway.com/
Founded2010
HeadquartersCommonwealth of Dominica
Support Number+1 849 9370815
Support Emailsupport@tradersway.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Malay, Indonesian, Bengali, Chinese, Spanish, Polish, Farsi, Arabic, Russian
Minimum 1st Deposit$10
Minimum Trade Amount0.01 lots
Maximum Trade Amount1 lot
BonusUp to 100%
PayoutUp to 1,000:1
Free Demo AccountYes
Regulated Yes
RegulationCommonwealth of Dominica
Account TypesMT4.FIX., MT4.VAR., MT4.ECN., CT.ECN.
Deposit MethodsPerfect Money, Payza, Bitcoin, Wire Transfer, WebMoney, Neteller, Visa, MasterCard, FasaPay, Skrill, Prepaid Card
Withdrawal MethodsPerfect Money, Payza, Bitcoin, Wire Transfer, WebMoney, Neteller, Visa, MasterCard, FasaPay, Skrill, Prepaid Card
Types of AssetsForex, Stock Indices, Metals, Energies, Commodities
Account CurrencyUSD, EUR, CAD, GBP
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

TradersWay is an online brokerage company established in 2010. The firm was found by experts from the financial markets industry with vast experience and high hopes of free global trading. The broker is based in Cyprus and has its headquarters located there. It also has offices stationed in Russia, St. Vincent and Grenadines. TradersWay Ltd. is a fully registered company (HE 293057) that is regulated strictly by the CySEC (Cyprus Securities and Exchange Commission). Its license number is 178/12 for those who want to check out the broker’s legitimacy. As a globally recognized entity, TradersWay offers highly advanced technologies and products to its clients all over the world. The broker employs a well-known business model in the branch and namely ECN trading. The company has its whole philosophy based on helping the clients to achieve maximum earnings, which is a sign of freedom and independence. TradersWay holds various webinars on a regular basis to help its customers, as well as frequent news updates with the latest trends, market analysis and more. The online broker vouch for transparency and aims to provide efficient services with excellent support and trading conditions.

 

Trading Information

TradersWay offers the traditional financial markets and instruments known to the ordinary trader. There are various currency pairs available, as well as stock indices, metals, and commodities. The spreads on the Forex markets start from 0 pips, but as the broker states, there are commissions employed on every order. However, active traders with the significant trading volume per month can take advantage of various opportunities to lower their fees. Minimum lot size of 0.01 is allowed with the broker and leverage that goes up to 1:1000. TradersWay introduces four different account types for its customers. The Micro account is suitable for beginners how can use the minimum lot size of 0.001 (nano lots) and leverage of 1:1000.There are also Fix profiles, which are the most common ones and employ the same specification, except for the lot size. It’s set to its standard value of 0.01. The Var account type allows trading with floating spreads and no commissions. However, the leverage is relatively high – 1:2000. The last profile is ECN, which is, in fact, a bridged account variety for MT4.

 

Trading Platforms

When it comes to trading platform, TradersWay surely has some of the most extensive lists of trading platforms. As a primary choice, traders can use MetaTrader 4. It’s the most popular software in the industry and one of the most powerful tools used by the traders. MT4 is also available as a mobile application, which can be easily installed on one’s smartphone or tablet. There is an MT4 Web Terminal for those who prefer to trade from their browser.

 

Alternatively, TradersWay’s clients can take advantage of cTrader, which is a reliable trading platform specially designed for ECN trading. The online broker also supports cAlgo – a fast and incredibly powerful software that uses automated trading via robots and other algorithms. Social trading is also presented with the famous cMirror. The platform allows you to copy the trades of professionals in the industry by sending you signals when they open up a new order. At last but not least, Myfxbook Autotrade is supported. The innovative trading platform also provides copy trading with the possibility of connecting your MT4 client to a well designed API and receive the signals right in your favorite software.

 

Security and Customer Services

TradersWay offers excellent security on their website. The online broker uses SSL encryption on every page issued and certified by Let’s Encrypt, which ensures a safe passage for all the sensitive data. Clients’ money are also subject to protection as the financial company follows a strict policy about the safety of funds.

 

Customer services are functioning extremely well, and clients can benefit from fast response times and high level of proficiency. TradersWay’s representatives are polite and ready to assist on every issue. Traders are free to contact the broker by phone, fax, email or live chat. According to the company, all inquiries are processed within 24 hours on the working days.

 

Deposits and Withdraws

TradersWay supports various deposit options, which cover most of the popular transaction methods. The broker supports local payment options (applies only for Indonesian clients) and bank wire transfers, as well as e-wallets and other online payment services. You can see the details in our payment methods sheet. Deposit restrictions are applied for each of the account types. Micro and Fix profiles require only $1 to be opened. Var accounts can be registered with a minimum of $100 and ECN with $50.

 

Withdrawals are made through the same payment options as the deposits only for the initial amount of the investment. Afterward, traders are free to use any other payment method. Clients should be aware that they can make only one withdrawal a day. Identity checks and other verifications are applied to the whole process so that certain delays may occur.

 

Deposit Bonus and Loyalty Program

Luckily, TradersWay is a financial services provider that is not short on promotions. There is a 100% deposit bonus, which the online brokers applies on every deposit made by the clients. The actual amount is limited to $5000 at a time, and it’s available to MetaTrader users only. The bonus conditions are harsh. Customers are unable to withdraw the bonus, and it’s canceled upon any withdrawal. It rebates on a daily basis with a rate of $0.5 per 1 lot.
Customers of TradersWay can enjoy another great promotion called “Try the best MT4 ECN from 10$ only.” The brokers offer exclusive access to its ECN profiles with an initial investment of $10. Traders

will be able to use all the unique opportunities of the service and open their positions with zero spreads.

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