Established in 2011, Traders Way, also known as TW Corp, emerged as a leading online brokerage company with a clear mission: to offer a diverse range of trading assets to retail traders in the online trading arena.
While the broker operates without regulation, it functions akin to an offshore entity authorized by Dominica.
For those unfamiliar with Dominica, it serves as an offshore regulatory body. To provide a concise overview, refer to the accompanying image, which sheds light on this regulated broker operating in the offshore domain.
Traders Way grants traders access to a wide array of highly liquid markets, encompassing Forex, Cryptocurrency, Commodities, Metals, CFDs, and Energies.
Furthermore, the broker presents the most renowned and widely utilized trading platforms of our time, namely MetaTrader 4 and MetaTrader 5. In addition, Traders Way employs advanced ECN (electronic communication network) technologies, ensuring equitable pricing and offering the tightest possible spreads.
| Accounts | Currencies | Min. deposit | Leverage | Starting Spreads | Demo Account | Rollover Free | Decimal Pricing | Commission per trade | Max. Lot Size Per Trade | Min. Lot Size Per Trade |
|---|---|---|---|---|---|---|---|---|---|---|
| MT4.ECN. | USD, EUR, CAD, GBP | $10 USD | 1:1000 | 0 pips | Yes | No | Yes | 0.01 lots | ||
| MT4.VAR. | USD, EUR, CAD, GBP | $10 USD | 1:1000 | 0.7 pips | Yes | No | No | 0.01 lots | ||
| MT5.ECN. | USD, EUR, CAD, GBP, BTC | $10 USD | 1:1000 | 0 pips | Yes | No | Yes | 0.01 lots | ||
| CT.ECN. | USD | $10 USD | 1:500 | 0 pips | Yes | No | Yes | 0.01 lots |
| Broker Type | Minimum Deposit | Forex Majors Spread | Maximum Leverage | Min. Trade Size | Scalping | Hedging | Free Demo | USA Traders |
|---|---|---|---|---|---|---|---|---|
| Forex, CFD | $10 | 0.1 | 1:1000 | 0.01 lots | Yes | Yes | Yes | no |
"With the help of the most advanced and innovative trading tools, trading the online FX market should be easy". At least that's what TradersWay is committed to providing.
It is also true that without providing the BEST and latest trading platforms a broker can't make a name for themselves.
Keeping that in mind, TradersWay is providing 3 of the widely used as well as effective trading platforms including, MT4, MT5, and cTrader.
When it comes to MetaTrader 4 trading platforms, there's no doubt that it is probably the industry-leading trading platform of the current time.
Besides that, the platform provides more than 9 timeframes, 50+ inbuilt indicators, one-click trading, and much more!
Moving on, compared to MT4, the MT5 trading platform operates more as a multi-asset platform which was fabricated with the touch of modern and cutting edge technologies.
The MT5 offers multiple timeframes (21 to be exact) along with more than 80 technical indicators, and not only that it also contains advanced market depth features.
For a better overview of MT4 and MT5 trading platform of TradersWay:
Source: Compareforexbrokers.com
Lastly, to ensure a flawless ECN trading experience, cTrader platforms were designed in the first place.
The platform has several advantages including fast executions, direct access to liquidity suppliers, intensified charting tools, one-click trading, and much more!
TradersWay doesn't own a particular mobile trading app of its own but you can still experience a fluent mobile trading experience with them. How?
With the help of the MetaTrader mobile app, this can be done flawlessly. The MetaTrader mobile app is enriched with numerous functionality along with positive customer feedback.
Besides, the mobile trading app is available for both android and ios devices. You can simply download the app from the google play store or app store if you are an ios user.
When it comes to providing a wide range of trading assets, Traders Way be like," Yes!" and trust we're not even bluffing.
There are major proofs to back this one up!
From Forex to Crypto, Futures to Commodities, Traders Way provides it all. Besides, for a better disclosure let's get an overview of a few of the market assets. At a glance:
When it comes to being a regulated brokerage company, Traders Way might not sound like a reliable option to choose as it's not a regulated broker. Besides, let's be clear on something, by implying unregulated we're simply saying that the broker is not regulated with any specific regulatory bodies.
Anyways, despite everything, the broker is registered as TW corp. under the license number of 15690 with the commonwealth of Dominica.
Note: In the middle of 2016, Traders Way received a cease and desist from the US state of Missouri.
| Supported Languages | English, Russian, French, Spanish, Portuguese, Polish, Japanese, Korean, Chinese, Italian, Greek, Turkish, Hungarian, German. |
| Customer Service By | Live Chat, Email, Call |
| Service Hours | 24/7 |
| Email Response | sales@tradersway.com |
| One Click Trading | Yes |
| Stop Order | No |
| Limit Order | No |
| Trade off Charts | No |
| Market Order | No |
| 24hr Trading | Yes |
| Email Alerts | Yes |
| Trailing Stop Order | No |
| Charting Package | No |
| Mobile Alerts | Yes |
| OCO Orders | No |
| Streaming News Feed | No |
Traders Way offers 4 types of trading accounts for the retail market traders which consist of three different ECN accounts (MT4.ECN, MT5.ECN, CT.ECN) and a standard MT4 trading account.
So, that being said, let's observe it in a bit of detail.
First of all, the brokerage offers ECN trading advantages for both MT4 and MT5 trading accounts.
Not only that, in those ECN accounts you'll be getting possible tight spreads compared to all the other brokers along with that you'll be given access to the interbank trading market for both of those accounts.
MT4.VAR accounts are also available at Traders Way which is basically a swap-free trading account with up to zero commissions.
Also, these accounts are the ideal choice if you want to experience a real trading environment under interbank conditions along with comparably minimal trading risks.
Besides, for metals and Forex trading on a specific trading account, CT.ECN accounts are probably among the best choices out there in the trading sphere.
Though this account was solely designed for ECN/STP trading purposes, it still ensures low latency along with tight variable spreads.
And as for the spreads, it starts from 0.0 pips on the standard and ECN MetaTrader 4 accounts and on the MT4.VAR accounts it starts from 0.7 pips. Besides that, both EUR/USD and GBP/USD contain an average spread rate of 0.5 pips.
Moving on to the leverage rate which usually starts from 1:500 but you must meet the term which is to have more than 10,000 account balance. One more thing, if your account balance is more than $50,000 then you'll be able to experience a leverage rate of 1:2000.
If it ever comes to providing a wide range of transaction methods, TradersWay is no exception.
They permit most of the vastly popular payment methods including Visa/Mastercard, Neteller, Fasapay, Perfect Money, Skrill, Bank Transfer via Abra, Web money, and Cryptocurrencies including (BTC, LTC ETH, XRP,i.e.).
Note: The transaction methods stated above are permissible for both making deposits and withdrawals.
Besides, TradersWay accepts 4 currency pairs at a time for completing all the transactions and stuff.
Though most of the trading methods come with instant withdrawals except some of those which take longer sometimes up to 48 hours.
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.
Withdrawal requests are processed within 48 hours on business days.
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 several times.
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)
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? 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? No TradersWay is not a 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.
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.
TradersWay, which is registered at TW Corp., 8 Copthall, Roseau Valley 00152, Commonwealth of Dominica, offers 24/5 effective and active customer support for all its clients so that they can get the best help possible.
If you want to contact them via telephone then use the following contact number instead:
Tel: +1 849 9370815
Besides, you can also mail them for any queries along with hop on a live chat with them whichever you prefer.
Here are the email getaways:
In the foreign exchange market, learning more is no exception and that's something you shouldn't ignore at any cost.
Source: TradersWay.
Therefore, TradersWay has paved a lot of opportunities for the traders by giving them access to all the learning materials including, educational videos, quality blog posts, news and analysis, trading guides, and much more!
Our User Reviews Section is a great way to learn more about our brokers and services from people who have already used them. We encourage our customers to leave honest feedback about their experiences, so that you can make an informed decision about whether or not to purchase from us.
| Indonesia
Tradersway offers reasonable spreads, but the account setup process is slow. It took longer than expected to get everything up and running, which was a bit frustrating when I wanted to start trading quickly.
27 Aug, 2024
| South Africa
nice demo account and easy-to-use platform. However, withdrawal times are slower than expected. Waiting days for a withdrawal isn't ideal in this fast-paced market.
26 Aug, 2024
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