Traders Way Review
Traders Way review conducted by the team of ForexSQ.com for those who want to invest with TradersWay.com broker, In this Traders Way review you will know all about Trader Way broker like how to do Traders Way Login or how to open free Traders Way demo account, You will also know how to download Traders Way MT4 platform or what is Traders Way minimum deposit and withdrawal.
What is Traders Way Broker
In 2010, TradersWay Forex broker was founded and it is an offshore broker trading in an extensive variety of CFDs and currency pairs on cTrader and MT4. TradersWay (CY) LTD with registration no. HE 293057, is a company with head office is situated in Cyprus. It moreover has an existence in St. Vincent and Russia and Grenadines. TradersWay LTD works the Traders Way forex brand and is regulated and authorized by means of Cyprus Securities and Exchange Commission, with license no. 178/12.
However, it is exact that no regulation can defend you from dealing operation, misuse of customer money, or no regulation and firm bankruptcy can assurance the capitals in your pocket or trading account, there are some states which attempt to put some confidence in the decentralized Forex market in their authority. Minimum capital and Money rules requirements are set in the Japan, US, Australia, Cyprus, United Kingdom, among others.
Traders Way Trading Platforms
It provides its services on 2 of the greatest prevalent platforms amongst traders – cTrader, MetaTrader 4 (MT4) and numerous auto trading solutions.
Traders Way MT4
MT4 trading platform is chosen by maximum experienced dealers, because it is well-appointed with a sum of technical indicators, an innovative charting package, wide back-testing situation and Expert Advisors (EA). Metatrader4 also delivers an integral social Trading Signals and trading facility.
Ctrader trading platform is a high-quality multi-asset trading platform intended particularly for ECN trading. Execution speeds and Fast order entry, direct order entry through Level II pricing and charts are just certain of the reasons why numerous traders nowadays select cTrader as their go-to platform. And this cTrader trading platform suite comprises a web, PC, and mobile versions, also as cAlgo and cMirror.
Traders Way App
The TradersWay Apps and trading markets are accessible using a variety of the most popularly used electronic handheld devices that include iPhones, Blackberry and Androids. The Traders Way Apps is free for both Android and IOS, You can download The Traders Way App for Android from Google Play and download The TradersWay.com App for iPhone from Apple app store.
Traders Way Account Types
Traders Way provides 5 account types and these are like this:
- MT4. Micro Account: This account requires a Minimum deposit of $1, and with a leverage up to 1000:1.
- MT4.FIX Account: This type of account is the standard account for the Metatrader4. The Minimum deposit is 1 dollar.
- MT4.ECN Account: This requires Minimum deposits of $100 and trade size is 0.01 lots. Leverage is up to 1000:1.
- MT4.VAR Account: This requires a Minimum deposit of $1 and Leverage is up to 2000:1.
- CTraderECN: This requires a minimum deposit of $100, and with leverage up to 500:1.
Traders Way Demo Account
When clients open an online trading account, they are able to use an unlimited free The Traders Way Forex demo account that comes loaded with $100,000 of virtual money for traders to use for practicing currency trading before actually risking real money in a real world trading market.
To open a demo trading account with the platform you just need to visit the broker’s website and sign up free then you will receive free instructions by email.
Traders Way Spreads and Commission
Like most online brokers, the Traders Way broker does not charge commissions for trades, hidden fees or other charges. The broker makes money by charging traders a slight forex spread that is included on all trading activities based on real time market values transacted by the client through the broker. Spreads start as low as 1 pips (points in percentage) for forex trades (depending on currency traded).
Traders should be aware that trading during volatile times created by adverse global events or financial news is much more risky and broker spreads tend to be wider.
Traders Way Leverage
The TradersWay.com leverage starts from 1:500 up to maximum 1:1000, According to the “ForexSQ.com” forex experts however the broker provides high leverage trading but if you are a newbie forex trader then avoid to use high leverage as it will increase to lose all of your capital.
Traders Way Margin Requirements
Margin requirements is fixed, The amount of margin that you are required with TradersWay to put up for each currency pair varies by the leverage. For example, If you use 50:1 leverage then you may be required to put up €200 to hold a €10,000 position.
Traders Way Promotions
The TradersWay.com broker does not offer incentives to traders in the form of promotional opportunities, unlike many of its competitors.
TradersWay.com provides the method of deposit and withdrawals to their customers through bank wire transfers, credit cards, and the following e-wallets: Neteller, Skrill, WebMoney, Perfect Money, MonetaRU, QIWI, Easy Pay, cashU, Boletto and more.
The Deposit fee is Zero, It means you will not pay any money as Traders Way deposit fees.
The Deposit time is between 1 through 3 business day and it depends to the methods you deposit your TradersWay.com account.
Traders Way withdrawal methods is various, Clients can using a variety of methods that include credit cards, checks, bank wire transfers and PayPal. Trading account withdrawals require proper identification of account holders in accordance with strict international financial guidelines designed to prevent financial crimes like identity theft and money laundering.
The Traders Way Withdrawal fees starts from Zero up to $20, The TradersWay withdrawal fees depends to which country and methods you want to receive funds.
The TradersWay Withdrawal time is between 3 through 5 business day and it depends to the methods you Withdrawal from your TradersWay account.
If you have any TradersWay.com Withdrawal Problem then you can contact the broker directly and if it dose not solve the problem then you can contact the regulators to solve your Traders Way Withdrawal Problems, You can also submit your TradersWay withdraw problems in the comment form below of the TradersWay reviews by ForexSQ.com forex trading website.
Traders Way Regulation
TradersWay is not a regulated and licensed broker.
Customer Support Services
The Traders Way customer support services are provided by its helpful staff of multilingual professionals who are available via online chat, email, fax or telephone during market hours 24/5 and provide support services in a variety of languages.
Traders Way Login
For login to TradersWay broker you can visit the broker website, After sign up you can check your email for free instructions and do Traders Way login.
The Traders Way Minimum Deposit is $10 so the broker is almost a no Minimum Deposit forex broker.
The Trading hours of operation coincide with the global financial markets. Online CFDs and Forex trading is available from Sunday 5 p.m. to Friday 5 p.m., GMT time.
At Traders Way you can buy or sell Cryptocurrencies like Bitcoin but you can not deposit or withdrawal with Cryptocurrencies like Bitcoins, So TradersWay BTC chart is available for trading but you can not deposit or withdrawal with a Cryptocurrency.
To get a fast support you can use Traders Way Live chat, The TradersWay Live Support is also available to support clients, To use TradersWay.com customer support just visit the broker’s website.
The TradersWay Office address is: TW Corp., 8 Copthall, Roseau Valley 00152, Commonwealth of Dominica
TradersWay Phone Numbers is: +1 849 9370815
Traders Way Review Conclusion
TradersWay is an offshore broker, providing modest conditions for dealing in numerous CFDs and currency pairs on the cTrader and Metatrader4 trading platforms. According to “ForexSQ” forex trading experts even you find a good forex broker then invest the amount you can afford to lose it because online leveraged trading contains risk of losing all of your capital.
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