TradersWay Traders Way Review

Traders Way Review, Rating and comparison | Tradersway forex broker

 

Country: The Commonwealth of Dominica

Regulation: N/A
 
 
 
 Bonuses:
- 55% first deposit bonus for deposits of up to $55 (Micro accounts);
 
- 20% first deposit bonus for deposits of $55 and more (Micro accounts);
 
- 20% deposit bonus (Micro and MT4 accounts)
 
Trader's rate 4.7
Editor's rate 3.5
68 reviews

MT4.MICRO Account:

minimum deposit: $1
minimum deal size: 100 units (nano lot)
maximum leverage: 1:1000

 

MT4.FIX Account:
minimum deposit: $1
minimum deal size: 1k (micro lot)
maximum leverage: 1:1000

 

MT4.VAR Account:
minimum deposit: $1
minimum deal size: 1k (micro lot)
maximum leverage: 1:1000

 

MT4.ECN Account:
minimum deposit: $100
minimum deal size: 1k (micro lot)
maximum leverage: 1:1000

 

CT.ECN. account

minimum deposit: $100

minimum deal size: 1k (micro lot)

maximum leverage: 1:500 

 

Spreads:
Fixed, 2 pips on EURUSD - MT4.FIX, MT4.MICRO accounts
Variable, from 0.7 pips - MT4.VAR account
Variable, from 0 pips - MT4.ECN and CT.ECN (commission charged)

 

Dealing:
Market Maker, ECN

 

Trading platforms:
MetaTrader 4, cTrader, Web Trader, Mobile Trader
 
Social trading:
Tradeo, FXSTAT
 
Deposit/Withdraw methods:
Wire Transfer, Moneybookers, WebMoney, Liberty Reserve, Credit Card
 
Free if you trade at least 10 lots monthly or if your deposit is more than USD 1,000

What we think about TradersWay

Trader's Way is one of the few brokers that offer super high leverage – up to 1:1000. While we generally stand against leverage that high because of the increased risk, it is good to have brokers allowing people to trade with minimum investment. 

 
And when we say minimum investment, that's exactly what we mean: with Micro accounts, traders  can deposit as little as a dollar and trade nano lots – which means that with that leverage they can actually trade. 
 
The same goes for one of the two ECN account types offered by the broker – MT4 ECN. Currently Trader's Way is running a promotion allowing you to open such account with – wait for it - $10. That's right, ten bucks and not a dime more (unless, of course, you want to deposit more – in that case no one will stop you). The maximum leverage there is 1:500 and the minimum contract size – micro lot. 
 
As we mentioned account types, we should probably clarify that there are five of these available: Micro, MT4.FIX (fixed spreads), MT4.VAR (variable spreads), MT4.ECN and cTrader ECN. 
 
 
By now you've probably gotten the idea that Trader's Way is a generous broker – and this is confirmed by the fact that it offers nice deposit bonuses: Micro account holders are eligible for a welcome bonus of up to 55% and 20% deposit bonus for each subsequent payment; and traders who use MT4.FIX., MT4.VAR. and MT4.ECN accounts are offered a deposit bonus of 20% up to $2,000.  
 
You can also get a VPS, and get it for free if you fulfill certain conditions. 
Latest news about TradersWay See more...

Spread

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Slippage

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Requotes

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Price feed

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Platform

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Deposit/Withdraw

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Customer service

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Summary

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Traders` reviews for TradersWay Add review

Adv functionality, good spreads

Trading on the platform sure makes it easy to net pips, from advanced functionality to streamlined quotes, and yeah, the spreads are damn tight on all pairs. But apart from this, the one feature that just blew me away was the “plug and play”..and the other apps are great as well.

David cole 10/06/2014

Fantastic spreads, mobile access, good functionality

The platform sure provides for better functionality than any other – that’s for damn sure, from damn precise quotes to “plug and play” for automated scripts. Just closed an open order on USD CHF and AUD/NZD..and yeah, with some profit..not that surprising given the spreads I get here on all pairs, do recommend.

Rex Smith 08/25/2014

Great for trading

After four months of trading on the platform, intra day trading mostly, no issues has cropped up..the rates are spot on and what really sold me was the instant execution, being able to run custom scripts on the platform and yeah, the “plug and play”..def recommended.

Joe gargano 08/16/2014

Damn accurate prices, tight spread

Having got burnt with a “freeze” on another platform, I was looking around for a better option and guess what, I found one. This platform, does not freeze, has damn accurate prices, gives me better option with tech indicators and charting, but the one that sold it for me, the single click functionality. I am very impressed with what I have seen so far..def recommend

Arthur Jackson 08/09/2014

Good functionality, low spreads

The platform sure makes it easy for placing orders with the “single click” option. The rates for all pairs are damn accurate and coupled with some of the lowest spreads I have come across, just makes this platform my top choice for trading..recommended

Clinton P 07/11/2014

Easy trading, ECN

The platform sure makes it easy to stagger trades, with a one click option for placing orders. Other than that, I was floored with the easy option for testing automated codes and of course, the rates are damn precise with spreads that are as low as they can possibly get..do recommend

Constance Philips 06/25/2014

Perfect for scalping, also ecn availability

Trading on this platform with its single click option for placing orders, and taken with some of the most precise quotes I have seen to date, should make it clear to all traders why this platform gives everything else out there a run for its money. Just closed a USD CHF order with a neat profit, all I can say is “perfect”, check it out.

Amanda adair 05/27/2014

Learning trade good platform good app, mobile trading

Trading I learn in two week so I beginner. I hope make more good trade soon. I join here learning lot also do copy trading which I make some money when in learning. I like platform also how they give me many help on all my doubts. Good platform.

Rasi cooke 05/21/2014

Smart platform, damn good functionality, perfect for scalping

Honestly, this platform sure makes trading convenient and easy, with the mobile trading aap. I have to check the market at periods, just to make sure that I read the market correctly and with these mobile apps, I can do that and a whole lot more. Of course, the rates on pairs including the extremely low spreads, are some more reasons as to why I plan to use this platform for a awhile. Yeah, I recommend.

William Johnson 05/01/2014

Great app, good platform

Been a while since I tried scalping this platform sure makes it easy to scalp with their precise five digit quotes for most pairs. Sure, the apps that the platform provides is great but what sold the deal was the fact I get to use custom ea’s and automated scripts..recommend.

natasha nowak 03/25/2014

Great trading platform, extremely low spreads.

Got to admit – this platform has it all, from some of the smallest spreads I have seen yet on any platform to a one click option for placing orders. Currently on Micro, checking out all the features and apps, and pleasantly surprised – planning to move to standard soon. Recommend? Heck, yes

Jeffrey Barnes 02/27/2014

not a good experience

promised low margins are not provided at least on a standard account. a commission on EUR USD is 2.4 pips, which is a lot compared with others stp brokers. high bank charges on deposits. be careful with bonuses. they call a bonus what is really an increased leverage. you can not use bonuses for withdrawals. margin call is at 40% of your equity, be sure you'll be kicked out while other brokers would allow you to stay with your positions longer. also, very vaige residence, no real supervision by authorities. you would not find whom to complain if problems arise. my suggestion is to stay away from this broker, there are many other with a proven track and better terms of trading

john 02/19/2014

Good platform also good support


I join in platform in trade for one month now. I make little money but I am amateur so learning is my main goal. I use demo in learn and see I get good rate in currency pair. Also customer support answer my question any time. Nice website.

Nadeem C 01/25/2014

Great for scalping

Trading here is a breeze, frankly the platform, with all the bells and whistles sure makes for great trading. As a scalper, precise quotes, no time lag, tight spreads are some of the things I tend to be on the lookout for and so far, I get that and a lot more on this platform, definitely recommend.

robert wilkerson 01/17/2014

Many instruments also good spread

I trade in energies also in stock along in also currency trading. I like platform, it is fast also rate is precise. I see they have lot in applications but I like mobile app best in all since I access all feature from in my phone. Also withdrawal is very, very fast. Good platform

Maura compos 12/18/2013

Different financial instrument in one platform

I in metal also CFDs –I like platform also app. I like how can able access all features of normal platform in mobile. Also I like how I can using automated script on platform. It is good in trading for all traders.

Neelakani B 12/06/2013

Automated scripts allowed, tight spread

Trading on this platform sure makes it easy to open staggered trades, keep track of all positions and get this, there’s an app to test out automated scripts before using it on the platform. Overall, satisfied with the platform and as far as pair quotes go, damn good.

kelly stevens 11/12/2013

Perfect platform for scalping, zero pip spread

As a scalper, precise quotes and being able to open orders instantly features right at the top of my list and that’s what this platform provides – along with the usual bangs and whistles. I like the fact I can use custom EA and as for the spreads, they are low, really low..recommended.

Audrey Bukowski 11/01/2013

Easy trading, Good rates, ECN trading with very low spreads

Trading on this platform sure makes for convenience. Along with some of the most precise rates I have seen yet, the platform sure has everything a trader would need – tiny spreads, think miniscule; add on apps that make trading a breeze and single click functionality, will recommend these guys.

James stout 10/21/2013

Good functionality, apps and tight spreads

So far trading on this platform has been great, no dealing desk and better depth in prices – and FWIW, the plug and play option to test automated scripts just brings more to the table. The platform interface is great, and functionality is good, so yeah, no issues in recommending them.

Samuel Birch 09/26/2013

Indicators on platform are just too friggin' great!

Working out the USD/JPY with some of the advanced tech indicators and advanced charting, scaling has never been this easy. I love the idea of being able to review all positions even when commuting, and the rates on all pairs are just too good.

Richard knight 09/12/2013

many instruments for trading

I check in platform but I in trading for two year now. I am trying ECN, spread is small which is good also I like how I can accessing crude also metal in one platform so choice is more. It is good, I am recommending, yes.

Kashyap 09/04/2013

Great spread ECN account

I am in this platform for 3 month now and have no complaint. I like how it is setting up, advanced analytical tools also as trader they give me accurate prices so I can make good in day trading. Withdrawal is easy in here, all order is processed in 4 hour. I recommend.

Maris Smith 08/23/2013

Good functionality

The platform’s just convenient to trade with, it allows me to trade in multiple instruments from one single terminal. The advanced analytics that’s loads up just makes it easy for me to figure out optimal positions, work out the strategy, and the one that clinched the deal for me – the rates, spreads. Of course, will recommend.


David miller 08/13/2013

Very easy to use, platform's great

The broker’s offers a wide range of accounts, so guess there’s something here for everyone. Personally, found it quite user friendly and way easy to access terminal from mobile, when commuting. The big selling point for me was the quotes I keep getting here across the board and coupled with the very small spreads, just too good to pass up.

Danielle.S 08/02/2013

Love the platform!

Customer support on this platform just rocks – answered every single one of my query, and that’s a lot. It is very easy to place orders on the platform, execute it, no tech issue and better yet, wider access to more instruments to trade with, eg, metals, Brent crude

Melissa Hughes 07/19/2013

Adv functionality, tight spreads

Checked out the broker’s platform and the rates here, along with the 0 pip spread on USD pairs is just what every scalper needs. I like the way the terminal is set up with access to other instruments, mobile app and the add ons.

Mary Noble 07/09/2013

good platform for all trading

Scalping is allow here so I make some money now, I trade only cable also make money in cross. Withdrawal is easy also, I get my money in to account in few hrs. I recommend them.

Mahesh a 06/21/2013

The terminal is perfect for scalping!

Scalping EUR/USD and JPY has never been this easy; the platform’s great and with extremely accurate quotes and tight spreads (almost down to 0 pip on EUR/USD), it is scalper’s paradise. Started with small account and soon after seeing the prices, apps, moved to MT.VAR. Nice!

Karen bonilla 06/14/2013

One click trading

The platform is very easy to use and got to admit the one click trading with the Quick deal makes it easy to place orders, track each order in real time, check out the P/L etc. Of course, the platform makes it easy to use customized indicators, which is a big plus. Love the feel, and with these prices, planning to stay here for long.

Jeffrey S 05/31/2013

ECN broker, copytrading

I’m new to forex and still coming to grips with the basics. What I love about this platform is the ease-of-use, along with copy trading feature..makes sense to earn $$ while still learning.

Rachel S 05/15/2013

Perfect platform!

Just set up a Micro account with the broker and with the quotes on the majors and low spreads – the platform literally rocks. I like the latest upgrades, better liquidity and of course, the social app. Overall, a decent platform that seems to perform better than what I’d expected..

Helen r 05/03/2013

Custom scripts, ECN, awesome platform

Low spread on all majors, very fast execution, advanced charting tools and the list goes on as to why I like trading on this platform. Apart from advanced functionality, love the idea of running custom scripts and sharing the same with other traders along with other social trading features. I’ll recommend them.

Lytton 04/19/2013

platform perfect for scalping.

Testing the platform with a demo, love the one click option – makes it easy for me to open and close orders with no lag time. I am a scalper and from what I have seen, the rates, spreads and apps, I’m one happy trader. I plan to go live in two days, ECN.

Margaret edwards 04/09/2013

Good spread!

Found the platform easy to use along with advanced functionality, running custom scripts on the platform is very easy, and love the price feeds I get here. Yeah, the broker permits scalping which is great given the spread I get here on all pairs.

Mona A 04/02/2013

Trading terminal, ECN

On the trading terminal, the price feed is accurate especially level 2 pricing that’s on offer for ECN, cTrader. The spreads are extremely small and with mobile access, I can access the trading platform, advanced charting tools, the lot. The copytrading, looks okay and with other add-ons, it looks good to me.

Wendell Tidwell 03/23/2013

Custom ea allowed, tight spread

New to this broker, I am check out the features and like it, also applications and option in running custom scripts on platform. I do manual and auto so custom script is important to me. Price is good here also spread is tight.

Nisha 03/08/2013

Real ecn and user friendly platform

3 months with this broker and no reason to complain yet, the brokerage is a real ecn, so the prices I get here are just too good to believe..love the spread, and the apps, especially mobile access makes it possible for me to get onto a trade early.

John Thraikill 02/28/2013

Mobile access, nice apps!

Just went long on EUR/USD, the prices I get here are damn great, just got a 0.2 pip spread on this pair. Some of the applications including mobile access to terminal is fantastic and love the option to interface custom EA’s..

cathy J 02/18/2013

Platform for currency trading easy to use

I join broker two month back. We trade intra day also scalp pricing. Platform is easy use and application is friendly. Registration I had give ID documents, after registration I make initial deposit. Nice people, they help too.

Kumaraswamy 01/31/2013

Whoa! Great platform, fantastic add ons and apps!

Just joined with this broker, started out on ECN account and the spreads, rates and the copy trading feature are just fantastic. I am developing my own EA and since the broker allows me to use custom EA, that makes it better. On the money front, yet to withdraw anything but they offer many options.

Scott baker 01/26/2013

ECN brker, low spreads, great interface!

Just joined up with this broker for ecn and really amazed with current prices and extremely low spreads. I love the way each pair is displayed and the graphics just makes it easy for me to keep track of all individual trades, market movements, etc. Plan to up my account shortly, thanks

Marvin Light 01/14/2013

Grt platform and apps!

Trying out this broker and like the rates I get here, on the USD/JPY and Euro crosses. The broker offers different instruments to trade with and has copy trade for beginners, one more reason why I will recommend broker. Some apps are good, some ok but overall impressed.

Pedro Statler 01/07/2013

Easy to use MT4

The platform is very easy to use and glad I can access it with my mobile. The interface is easy to use, charting and chart shots not too clunky and can place multiple entry and exit points, with each highlighted, so I can keep track of market movements and my pip valuations. Will recommend.

Harry Wilson 12/28/2012

Knockout trading platform

Got to admit the broker’s platform is awesome, from the bonus offers to the extremely low spreads on all majors, one heck of a trading platform. And yea, the apps provide a nice touch and now, can access my trading platform using my tablet, making it easy to trade on the go.

Walter Burr 12/19/2012

Great ECN broker

Got to love the bonus and the new apps they provide, now I can track my trades in realtime using my mobile and do demo and backtest any EA I select to run on the trading platform. And yeah, the spreads are very small from majors to nearly all USD crosses.

Craig C 12/06/2012

Great broker with VPS service!

Tested out this broker on a micro account, very competitive spreads and allows for scalping and EA. And they provide VPS service, which is a great add-on feature since I use EA’s and the setting is quite easy to handle. Impressed so far.

Cody Greenway 12/03/2012

Mobile platform, multiple trading options

The demo is easy to use, and the broker offers multiple options, from Micro to ECN. On the quotes, damn good and spreads are quite low, like the option of fixed and variable spreads along with other trading options, eg, stock indices.

M aggarwal 11/21/2012

Platform nice

I been here for 13 days, this platform allow scalping from USD/GBP to others. I have made $500 now and got credited to bank in 2 days, so it fast yes? I like it, also they offer fixed spreads too, will check it after.

Bruno walker 11/06/2012

Tight spread, accurate prices

The broker platform is great, also I like the quotes and fast service. Also I can trade on stocks and oil, in one platform.

Lila M 10/27/2012

Nice MT4, great execution too!

I am trader in precious metals and currency, now this broker look like they are only one offering me both. I am on live, ECN and happy with speed, quote, execution.

Vishal Barclay 10/19/2012

ECN and mobile app!

Very fast execution, the mobile app is perfect – can trade on the move. The spreads make it easy scalp, will recommend.

Rachel Pluck 10/03/2012

Nice platform!

The information this broker provided was the final push I needed to get into currency trading and have never looked back since then! So yeah, thanks for that and to top the help files, customer support, really love the latest upgrades these guys have, including the new social app.

Maria streiber 09/23/2012

Good broker!

I have been dry testing this broker for 3 months, just went long on EUR/CHF, and the analysis paid out. Love the platform and hard to believe how accurate the quotes are down here..highly recommended.

Rami Varin 09/12/2012

Love this broker!

Great trading account packages, found it perfect for my ECN requirements, no hassle. And got leverage I wanted, no problems. Spot on rates, instant executions and no lag time. Good broker.

Sheila powell 08/25/2012

ECN at 0 pip spread!

Good broker, great platform and they get their quotes from multiple feeds so the platform give me very accurate quotes. Very fast executions and have already withdrawn successfully $104.75, no problem.

Seth Warwick 08/20/2012

ECN best!

After beta testing the broker, I like what I see, very competitive spreads, precise quotes and able to change between different accounts very easily. I can check out various accounts and now, moving to liv e ECN account, like it lot.

Beth Harrigan 07/27/2012

Good spreads.

Great features, updates and good bonus. Customer support is 24*7, would def recommend them.

Ben Michels 07/06/2012

Looking good

Currently trading with this broker for the last 8 months and like it so far, esp their trading conditions, bonus features and the tight spreads.

Stephen Harding 07/02/2012

Whoa! Hold the horses..

Just checked this broker and was pleasantly surprised, for starters they have a great bonus feature and yea, this is where the "hold the horses" part kicks in. Apart from the bonus feature, the broker is an ECN broker and that means out of this world quotes, with some of the lowest spreads..check them out and you'll see what I am talkin' about.

Job Seiton 04/14/2012

Fast execution!

The website is very nice, I can trade in multiple instruments and from one platform. And yes, the spread is very low and with fast execution, like this broker a lot.

Ines Frannes 02/07/2012

Nice site with multiple payment options!

I registered with this website recently and apart from the slightly longer registration evaluation, everything else is good. The broker does offer some of the lowest spreads I have seen so far and that's saying a lot. And with this broker, you get multiple payment options, so moving funds around can be done easily with less hassle. So yes, the broker really loos like a perfect fit for me.

Leslie P. Guerrero 01/21/2012

Very user friendly

Customer service is great, platform is very user friendly and no slippage or re quotes so far. Very pleased with the website..

Muir philips 12/22/2011

Very user friendly

Customer service is great, platform is very user friendly and no slippage or re quotes so far. Very pleased with the website..

Muir philips 12/22/2011

Broker with options

This Micro MT4 is perfect, initial deposit is low and spreads great. And this broker offers many options, from metals to CFD, so yea, gonna check it out more!

Richard T. Starling 11/19/2011

Traders Way has fantastic spreads!

This broker offers some of the lowest spreads I have come across so far, kinda makes more sense especially when you trade big lots. And after recent updates, it keeps getting better and better. Staying put for a while and hope they tweak it a "tad" more.

Michael Berry 11/04/2011

MT4 and fixed spreads!

The site has a nice look, a great MT4 trading platform. The brokerage offers some of the lowest spreads I have come across along with options for both fixed and variable spreads. This site certainly looks very promising!

Stevie young 10/27/2011

Damn good brokerage!

To be honest, when it comes to making the transition from an antiquated brokerage to one that offers all you would need to make split second trades, this brokerage managed to do all that and much more.
It works just great for me and don't think I am planning to move to any other brokerage anytime soon. So yeah, would definitely give this brokerage my vote, especially with the ECN accounts update.

Maxwell Grant 10/15/2011