TradersWay Review

TradersWay Review

TradersWay Review

TradersWay is a renowned broker specialized in offering Forex and CFD trading options to many satisfied customers. Thanks to its fantastic offer that includes multiple trading platforms, various account types, diverse banking options and ultimate security, this brokers attracts many new clients on a daily basis. Established by a group of enthusiasts with decades of experience in trading and investing, and incorporating latest technologies, TradersWay provides you with limitless trading opportunities. Here, you can enjoy lowest spreads and commissions, low trading requirements, transparent asset prices, high leverage and much more. In order to display all the broker’s features accordingly, we have thoroughly tested all the important features, which resulted in this extensive TradersWay review article. Here you can find all the information you’ll ever need about this broker, which will help you discover if TradersWay is your perfect trading companion. Just keep on reading our analysis and prepare to get blown away by its results!

TradersWay Review | Why choose TradersWay?

At the very start of our TradersWay review, let’s take a look at key features that should persuade you to become a new client of this broker. First of all, the backbone of this broker is MetaTrader 4, the most popular trading platform in the world. Apart from its great features and layout, it has a huge library of trading tools and educational resources, thanks to a horde of active users. Not only MT4 is the most renowned trading interface, it is also the most reliable and secure, so you don’t need to worry about your trading experience – it’s going to be fantastic. The same thing goes for the security of your funds, which are kept safe from any malicious intruders. Furthermore, thanks to many liquidity providers, TradersWay ensures that prices are always transparent and up to date with market trends. Due to high accuracy, you are able to make incredibly precise predictions, rounded up to 5 decimal places! Regardless of your trading account, you can choose to have either fixed or floating spreads, each of them has lowest amounts starting at 0 pips. The same goes for commissions as well, but we’ll take a closer look at it later on. Add high leverage and low margins to the offer, and you have all the reasons for choosing TradersWay right away. Still not persuaded? Allow us to present you other important features of this broker, starting off with banking options. Keep on reading!

TradersWay Features

TradersWay Features

TradersWay Review | Payments and fees

When it comes to depositing and withdrawing funds from your trading account, you have several options – eleven, to be precise. Some of them are well-known, while other stand out due to their rarity. Let’s take a detailed look at all of them and their accompanying fees.

Perfect Money is a versatile online payment system with high security measures, which has no requirements regarding minimum or maximum currency amounts, but has a 1% withdrawal fee. Payza is an e-wallet service specialized for services in domain of e-commerce. While it imposes no restrictions regarding deposit or withdrawal amounts, it also enables you to withdraw without commission, but adds a 2.9% commission on withdrawals. Bitcoin is the most popular cryptocurrency in the world, allowing you to make completely anonymous currency exchanges. It has no fees at all, and if you want to start using Bitcoins, you can find a brief tutorial on the broker’s website. Neteller is a globally recognized money transfer service which is available in more than 200 countries. However, it has a 1% withdrawal fee, and a dynamic deposit fee ranging from 1.9 to 3.9%. FasaPay is an Indonesia-based online payment system incorporates only a fixed deposit fee of 2.9%. UPayCard is an UK-based payment solution popular among both companies and individuals. Completely secure and regulated by FCA, it has a fixed fee of 1% for both deposits and withdrawals. Having the same fees as UPayCard, ePayments is a multinational corporation operating in more than 100 countries and offering various payment services. Skrill, a leading electronic wallet service in the world, requires a minimum deposit of 10$, while the maximum amount is set at 10 000$. Although the withdrawal amounts are not restricted, all withdrawals carry a 1% processing fee, while deposit have a fixed fee of 1.9%.

TradersWay Payment Options

TradersWay Payment Options

Visa and MasterCard credit cards are accepted as well, both having a 3.9% deposit fee and 1% withdrawal fee. Deposit amounts must be between 10 and 2000$, and you can make up to 5 deposits per day, totaling to a sum of 10 000$ per month. Bear in mind that, when withdrawing using credit card, you can withdraw a sum equal to your total deposit – all profits must be withdrawn using other available methods. Also, prior to transferring funds from your credit card, you’ll have to verify it by submitting certain information. Don’t worry, this is a safety measure that provides identity theft and money laundering, and is actually a common practice among top brokers. Common wire transfer method is supported as well, and while the broker doesn’t charge any fees, your bank might add processing fees to deposits and withdrawals. And these are all the available methods when it comes to transferring money to and from your trading account. We have tested all of the aforementioned methods multiple times, and we’ve found absolutely no problems at all. All of our transactions were swiftly approved and processed, so we’re pretty sure you won’t experience any issues regardless of your chosen banking method. Now that we’ve analyzed all the available banking options, let’s take a look at available trading options. Stick around and learn everything about the broker’s numerous trading interfaces!

TradersWay Review | MT4 Platforms

As we have said in the introduction to this TradersWay review, this broker has really put some effort in giving their clients ability to trade on several interfaces. Apart from already mentioned MT4, you can trade using cTrader, a platform that features lightning-fast executions on various devices. There are also some social trading platforms, as well as auto-trading services. Stay with us and learn everything about them!

TradersWay MT4 Web Terminal

TradersWay MT4 Web Terminal

MetaTrader 4 is your main getaway to trade a wide variety of Forex, CFD and Futures assets, either manually or by using automated trading scripts called Expert Advisors or EAs. It comes with over 50 various trend indicators built in directly to the platform, without the need to add them after installation. All transactions are coated with 128-bit encryption, with the option to use digital signatures that could protect your privacy even more. All information is displayed in the crisp, responsive interface in a very intuitive way, so if you’re a complete beginner, you’ll be able to work your way around in a matter of minutes. If needed, you can always access the extensive help topics built right into the terminal. MetaTrader runs smoothly on both Windows and Mac-based computers, so all you need to do is download and run the installation package. However, if you don’t want to run the trading terminal on your desktop, but rather directly from your browser, the broker’s Web Terminal is the right thing for you. It is basically the same thing as stand-alone TradersWay MT4 application, only difference being that it’s completely browser-based thanks to the advanced HTML5 technology. In other words, you’ll have your own MT4 trader in your web browser, without the need for downloading anything. If you happen to prefer mobile devices, search no more, because MT4 is available as a mobile app for Android, Windows Phone and iOS-based devices. All of them feature the exact same environment found on MT4 desktop app, so there is no adaptation time required at all. Just sign in with you existing account credentials, and all your stats will be automatically synced to your current device. That way, you can trade real-time from wherever you are, which acts as a tremendous advantage in the ever-changing market. We also have to mention QuickDeal, a handy trading tools that broadens the possibilities of MT4 by adding two important features: one-click trading and Level 2 pricing. The latter one gives you even deeper insight of the market, providing you with information who has the interest in buying specific asset. That way you can adjust your trading strategies on time and be prepared for sudden price changes. Adding this useful script to your desktop MT4 application will surely increase your chances of winning. But this is not the only platform offered by TradersWay – keep on reading and discover the worthy alternatives!

TradersWay Review | Other trading platforms

cTrader is yet another great platform designed specifically for ECN trading. This means that the terminal connects you directly to major banks, thus bypassing market makers and giving you the most transparent prices possible. Fast execution is made possible thanks to advanced backend system capable of processing multiple orders in the same time. Paired with already explained Level 2, the platform guarantees tight spreads and powerful asset insights. You can track up to 3 different charts at once, each of them having huge indicator library which will help you make a quality analysis. All charts are modular and detachable, and you can also share snapshots of them to other traders with just 2 mouse clicks. You can store your preferred assets as favorites, use proxy connection to bypass location restrictions, manage multiple accounts at once and much, much more. cTrader is available as a stand-alone desktop application, web application, or a mobile app compatible with iOS and Android operating systems. Those who prefer automated trading will be delighted with cAlgo, a powerful interface for automated trade execution. It has a full integration with cTrader, so you can import various trading robots to cTrader. You can download robots or make your own using the in-app code editor. It has all the features that make cTrader a great interface, including Level 2 depth, customizable layout, multi-language support and much more. You can use it as a stand-alone auto-trading app, or link it with cTrader using the same trading account.

TradersWay cTrader Web

TradersWay cTrader Web

We should also mention the existence of another platform related to social and auto trading. There is FxStat, an innovative interface bringing together social networks and auto trading. Here you can choose your preferred trading signals, automate trade placements based on signals, see what others are trading and much more. MyFxBook and cMirror, on the other hand, let you copy trades from most successful traders from all around the world. There is also FxWirePro, a feed of news relevant to trading with more than 600 trusted sources from all around the world. Finally, there is also a VPS hosting service, which basically puts your account settings on a remote secured server. This ensures that your automated services can run 24/7 without interruption, giving you the ability to execute trades even when all your devices are offline.

TradersWay cMirror

TradersWay cMirror

As you can clearly see, TradersWay’s offer of trading interfaces is everything but modest. We have thoroughly tested the features and behavior of each one of them, and we can honestly state that all of them are of fantastic quality and security. Whichever trading interface you choose, you won’t be sorry for a second. Now that we’ve analyzed the available trading platform, our next part of TradersWay Review will deal with available account types. Keep on reading and learn which one is ideal for you!

TradersWay Review | Account Packages

Prior to accessing any available trading interface, you’ll have to choose the account type that best suits you trading needs. TradersWay offers a total of four different account packages, differing in preferred trading platforms and type of spreads. Read this part of TradersWay Review and discover which account you should choose!

MT4.FIX account package offers fixed spreads paired with fantastic MetaTrader 4 interface. There are no limitations to TradersWay minimum deposit or to the maximum balance, so you can start trading by investing only a single dollar. Minimum spread is set at 2 pips, with lot set at standard size of 100 000 units. Minimum order is set at 0, 01 lots or 1000 units, which is the same as the size of step increment. Maximum leverage goes up to 1:1000, with an instant execution and no commissions. You can trade all available instruments – Forex, indices, stocks, energies, commodities and metals. As for the trading, all MT4 iterations are supported, as well as VPS hosting. The second account, called MT4.VAR pretty much resembles the first one, except it features variable spreads. All other features stay the same, although minimum spread is 0.7 pips and execution type is set to market. MT4.ECN account package is an ECN account type with variable spreads and commissions, with minimum deposit set at 100$. Minimum spread starts at 0 pips, and there are certain commissions applied to your trades. Finally, CT.ECN, requiring a minimum deposit of 50$ to open, gives you an access to a palette of cTrader applications. With spread starting at 0 pips, variable spreads, 1:500 leverage and stop-out level set at 40, it will surely reward you with many successful trades. Finally, we should also mention that you can test each of available account packages by opening a free demo account version. It is not limited by time, so you can truly learn everything about each account’s key features. As you see, the offer here is fantastic, which is in accordance to other features analyzed in the previous parts of this TradersWay Review.

TradersWay Account Types

TradersWay Account Types

TradersWay Review | Contact and safety

Prior to bringing this TradersWay Review to its end, we still have to discover if the quality of the customer support team matches the level set by the other key features of the broker. Support team can be contacted by means of phone call or email message. We have had an opportunity to try out both of them in several occasions, and we can honestly state that your backed up by a fantastic team. Support service is fast, swift and adjustable to your level of knowledge, meaning that solution to every problem will be given to you in a most understanding way possible. That’s no wonder, since the team consists of highly capable trading professionals with years of expertize in various fields of investing. All our inquiries were responded to in a matter of hours, which is a great time span for a company providing services to thousands of active clients. We seriously believe that, if you happen to encounter any problem, you’ll be able to contact this team at any time and get a response surprisingly fast.

As for the safety aspect of this broker, we can say nothing more than it’s fantastic, just as we expected. TradersWay, in a manner of other top brokers, incorporated a number of safety procedures that must be completed prior to engaging in trading with their platform. Most notable ones are Know Your Customer and Anti-Money Laundering policy. The first one concerns with the technical background of each newly registered client. All traders are required to provide the information about their past trading experience, financial situation and similar. This is introduced in order to warn customers if they are spending too much money or if they have wrong approach to trading. The second one aims to prevent injection of black money to the market, by requesting copies of personal documents upon registering. AML policy is supported by many top brokers, so it’s no wonder that TradersWay uses it as well. Also, all deposits and profits from traders are held at the segregated account, preventing mixing with the company’s funds. This is important in the events of possible company bankruptcy. If this happens, your funds won’t be connected to the company’s operations, and you’ll be able to withdraw all funds from your trading account. Finally, all sensitive information is protected by SSL encryption, meaning that virtually nobody could hack the website and steal your sensitive data. In conclusion, it’s safe to say that this TradersWay Review has proven that this broker is really in the very top of the industry. Safety precautions and fantastic support are just icing on the cake. That being said, we believe that now is the ideal time to wrap this TradersWay Review up and reach our verdict.

TradersWay Safety Of Funds

TradersWay Safety Of Funds

TradersWay Review | Conclusion

Concluding this TradersWay Review, we can once again state that we’ve made a deep analysis of a fantastic broker. Virtually every feature works as a charm, starting with huge palette of banking methods, over even bigger choice of trading platforms, all the way to superb safety and protection methods. Introduction of a demo account is a huge plus, given the fact that it gives you the opportunity to thoroughly test both platform and account features without paying to do so. Our overall experience with TradersWay is utterly fantastic, and we strongly believe that this broker should become your next trading partner. Why? Because it will give you unlimited access to fair market prices. Because you’ll be able to choose among many banking methods to transfer funds between your bank and trading account. Because you’ll be able to access market over various platforms with various features and preferences. Because you’ll be able to choose one of available account packages that will surely fulfill all your trading needs. Because fantastic trading experience is a rarity these days, and it is offered to you right now. Grab your opportunity, open a free trading account with TradersWay and sail out to the adventure of a lifetime!

Author's overall rating:
Author: Ben Prescott
Updated:

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