Trader’s Way Review
TradersWay
Trader’s Way is an experienced Forex and CFDs broker, boasting over 12 years in the industry. They provide a user-friendly website in multiple languages and round-the-clock customer support. When contacting the broker, you can conveniently choose from five languages for the live chat. Additionally, they offer support through phone and email. It's worth noting that the broker lacks a license from any regulator worldwide. However, despite this drawback, online reviews consistently portray the broker as a reliable company since its establishment in 2011.
To enhance trading opportunities, Trader’s Way offers a generous 100% deposit bonus to traders, enabling them to increase their trading capital significantly. This bonus can be particularly beneficial for traders with limited budgets as it allows them to amplify their trading volumes. To avail of this bonus, traders need to create a trading account, fund it, and select the desired bonus amount, which will then be automatically credited to their account. The deposit bonus can go as high as 5000 USD. In addition, the broker conducts live trading webinars led by their experts, providing valuable insights to traders. Furthermore, Trader’s Way allows for low initial deposits, starting from as little as 10 USD. With these accessible deposit requirements and the availability of live trading courses, the platform proves to be an excellent choice for beginners who wish to learn and practice trading. It's important to note that the broker does not cater to citizens of the United States and the United Kingdom.
Countries
Afghanistan, Albania, Algeria, Andorra +173 more
Regulations
Account currencies
BTC, CAD, EUR, GBP +1 more
Assets
Crypto CFDs, Energies, Indices, Precious metals
Platforms
MT4, MT5, cTrader, Custom
Deposit methods
Bank Transfer, Credit Card, Crypto, Fasapay, Neteller, PayRedeem, Perfect Money, Skrill, UPI
Others
Demo account, ECN, Exotic Pairs, Expert Advisors, Fast withdrawals, Hedging allowed, High leverage, Lowest minimum deposit, Lowest spreads, Micro Lots, NDD, Provides webinars and seminars, Signals, STP, Swap-free
Promos
Deposit bonus
Visit brokerTrader’s Way offers four different trading accounts: MT4.VAR, MT4.ECN, MT5.ECN, and CT.ECN. MT4.VAR is a standard account with spreads, while the others are ECN accounts that offer lower spreads. The MT4.Var account requires a minimum deposit of 10 USD, a minimum trading lot size of 0.01, and variable spreads starting from 1.5 pips. MT4.ECN, MT5.ECN, and CT.ECN have similar terms, with a minimum deposit of 10 USD, a minimum lot size of 0.01, and spreads starting from 0.0 pips. The trading accounts are categorized according to the trading platforms: MT4, MT5, and cTrader. All three platforms are advanced and feature-rich, providing advanced chart analysis and trading tools. Mobile trading apps are available for all operating systems: Android, iOS, and Windows mobile, including MT4, MT5, and cTrader apps. The broker allows EAs, scalping, and hedging, with a maximum leverage set to 1:1000. Additionally, both MT4 and MT5 offer web trader versions. Creating a demo account is quick and easy, but these accounts expire after 30 days of the last login.
Trader’s Way offers tight spreads, starting from 0.4 pips on EURUSD, 0.5 pips on GBPUSD, 0.5 pips on USDCHF, and 0.6 pips on USDJPY. Traders have a wide range of tradable assets to choose from, including Forex, metals, energies, indices, and cryptocurrencies.
All withdrawals are processed within 48 hours on working days, and deposits are commission-free. Deposits and withdrawals can be made using various methods such as cryptocurrencies, bank wire, bank cards, and online payment methods. In addition to live webinars and trading sessions, Trader’s Way provides a moderate educational section that briefly explains CFDs and other important trading concepts.
Generally, trading with unregulated brokers is not recommended. However, Trader’s Way has received many positive reviews from traders, and its website and support are excellent. Furthermore, the broker offers three popular trading platforms, low spreads, and minimum deposits. Considering all these positive factors, Trader’s Way appears to be a reliable and trustworthy broker despite its lack of licensing.
