Unbiased Forex Broker Experts

TradersWay.com Review Visit site

Updated: Feb 24, 2017
3.463 · 137 REVIEWS
Is this your company?

TradersWay is an online forex broker. Traders Way offers the MetaTrader 4, MT Mobile, and cTrader trading currency top platforms. TradersWay.com offers over 10 currency pairs, metals, indices, energies, and commodities for your personal investment and trading options.

TradersWay.com

Live discussion

Join live discussion of TradersWay.com on our forum

Go to forums

TradersWay.com profile provided by Mr.Max.TW, Dec 24, 2014


 



About Trader’s Way



Trader’s Way, a prime online FOREX and CFD broker, was established with the principle mission - to provide traders with the widest opportunities available on financial markets. We’ve collected the best products, technologies and services, so that the needs of every trader are fully satisfied. Under one broker, without losing time, you can find everything to trade the way you like, without boundaries and limits.



We offer you the widest range of possibilities for trading:



·         Best trading platforms - MetaTrader 4, Binary Options, cTrader, Mobile Apps



·         4 account types - ECN accounts on MT4 and cTrader, Standard accounts with FIXed and VARiable spreads



·         6 markets - FOREX, Binary Options, Stock indices, Metals, Energies, Commodities



The best trading conditions possible:



·         Full NDD/STP



·         Minimum Deposit – No limitations (for ECN account – only $10)



·         Maximum Leverage – 1:1000



·         Tight Spreads – from 0 pips



·         Minimum Order Size – 0.01 Lot (1000 units of base currency)



·         All Expert Advisors (EAs) and Scalping allowed



Other advantages:



·         Free VPS hosting service



·         Islamic (swap-free) accounts



·         Deposit/withdrawals- Wire Transfer, Moneybookers, WebMoney, Credit Card, Payza, Bitcoin



·         Bonuses and Promotions



·         Every client can be a PARTNER. Commission up to 1.5 pips



High price feed accuracy, no trading restrictions (even on accounts with minimum deposits), and a wide array of trading opportunities are the pillars of our business activities. They're the beacon of our pledge to ensure our mission – to bring you maximum trading with maximum opportunities and freedom!


Video

Your company video here? Contact ad sales

Court cases

File a case

  • Open0
  • Resolved0
  • Not guilty0
  • Guilty0
3.463 · 137 REVIEWS
SHOW:
Forex Peace Army
DO YOU RECOMMEND THIS COMPANY?

Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

USA
Feb 22, 2017
Guest

Moe Here, Thanks for the reply TW, i don trust you guys and believe your company will stay honest most of the complaints i here about withdrawals was how long it took not that traders wasn't getting there money.

Feb 6, 2017 - 4 Stars I never had a problem getting my small amount of money out, but i see some people are having problems withdrawing large amounts, i hope they stay honest and don't start ripping people off

Reply by Mr.Max.TW submitted Feb 20, 2017 We do not have any issues processing withdrawals for clients, regardless of the withdrawal size. Any complaints you have heard were not the full situation. e.g. - sometimes clients wish to withdraw by wire transfer but we require them to first withdraw their full deposit back by credit/debit card first. You will never have any problem withdrawing your funds from your trading account on our website.

USA
Feb 21, 2017
Registed user

This is an update to my 2/17/2017 review.

The VPS initially went down on 2/15/2017. As of today, 2/21/2017 a new VPS has been created for me to replace the broken one. It took almost a full week to come to a resolution, but I'll give TradersWay the benefit of the doubt because they don't have direct control over the data center where the VPS is located, and I have several other VPS with them that haven't had any issues, so it seems like this one VPS that was bad may have been a one-off. Aside from this hiccup with the VPS, everything else has been great with TradersWay so far. Therefore, I'm upgrading my rating on this review. I will keep a close eye on the VPS uptime for all the accounts I have with TradersWay and I will update this review again if necessary. In the meantime, thank you TradersWay for making such a great service available to us.

Feb 17, 2017 - 1 Star I've been a customer with TradersWay for approximately two weeks and have decided to terminate my relationship with them and move all my accounts to another broker where I'm already a customer as well.

I made multiple $2,000 USD deposits into multiple ENC accounts and signed up for a VPS offered through TradersWay for each one of these accounts. Unfortunately, the performance of these VPS are very poor. Approximately 48 hours ago, one of the VPS went down completely. I immediately contacted TradersWay and the VPS department to notify them of the problem. After several more e-mails, and a couple of live chats between TradersWay and their VPS department, 48+ hours later the VPS is still down.

If TradersWay cannot handle something as simple bringing a VPS back online in a timely manner, I am extremely concerned with their ability to run a sound business. Even if TradersWay doesn't have direct control over the data center and servers, at a minimum I would expect them to get involved and work directly with the vendor to get the issue resolved on behalf of their client. I clearly was unable to make any progress myself with the data center and I asked TradersWay for their help multiple times. When I would ask, they assured me they would escalate the issue with IT. However, all they did was simply forward my e-mail to the VPS department as an "FYI" and asked them to reply to me. There was no follow-up from TradersWay thereafter as if they aren't even concerned about whether or not my issue has been resolved.

Overall: Poor service, poor experience and I no longer have confidence to keep any amount of money on deposit with this company.

Reply by Mr.Max.TW submitted Feb 20, 2017 We are sorry to hear that you experienced a problem with your VPS. We checked all of our emails and found that we sent you several updates, including one on February 16th early in the day. Did you receive these messages? The issue with on the datacenter side so we are in communication with them about it. Thank you for your patience and professionalism; we hope to earn back some stars in the future once this has been resolved.

New York, USA
Feb 9, 2017
Registed user

You will be hard pressed to find a better broker.

Tradersway has been such a smooth and easy process for trading forex for me. The set up process is simple, and quick! They are on top of the verification process which allowed me to start trading in no time at all. (this was a long process for me in my two previous brokers) I have a wide range of leverage options that I have been looking for for months in other brokers that just simply do not offer. My questions and concerns are answered back within 24 hours every single time, and always in a respectable manner. I would highly recommend tradersway to anybody considering trading in the forex market. They are by far the smoothest most efficient broker I have ever been with.

Reply by Mr.Max.TW submitted Feb 20, 2017:
Thank you for your thoughtful review. We strive hard to give as many options as possible to suit the needs of our diverse client base. Looking forward to continuing our great relationship!
USA
Feb 8, 2017
Registed user

Very Good Broker

I have had an account with TW for 2 months now and I am very pleased with the executions, fills etc. So far I have not withdrawn any money yet.
I use FXJunction for my stats and today I could not connect my account to FxJunction. When I contacted their support I received the following email:

Dear Member,
Thanks for your information. Sorry to inform you, but we have blacklisted this company as they are not regulated. You are free to choose any broker which is regulated and link that account to your FX Junction profile.
Best Regards,
FX Junction Support

I am wondering if TradersWay could do something about this.

Reply by Mr.Max.TW submitted Feb 20, 2017:
We are happy to hear that you are satisfied with our services thus far. Please post again after you successfully withdraw some funds to update the community on your experience.
USA
Feb 6, 2017
Guest

Hypocrites

Tradersway is run by hypocrites. When you want to open a corporate account, they require company information and documents. But they don't give out their own corporate information! Even if you ask their support, they won't answer anything about their company. So what they require of others they won't do themselves.

Reply by Mr.Max.TW submitted Feb 20, 2017:
We do not solicit our clientele and you do not have to provide us with any corporate documents if you do not want to open an account. Everyone who signs up on our websites does so entirely at their own direction as we do not pressure anyone to sign up nor deposit funds. Anyone who wishes to open an account must supply adequate documentation to in accordance with anti-money-laundering and KYC guidelines.
USA
Feb 2, 2017
Guest

Do Not join as IB

In reply to Mr.Max.TW submitted Jan 4, 2017:

You consistently fail to reply back to questions asked. You accuse me of fraud, but provide absolutely no proof. I offered you $5000 to take 5 minutes of your time and provide proof. You should do this for free! To everyone reading, what kind of broker would refuse such an offer. Considering this is such a popular site read by many Forex traders, they should have done this no problem. The reason why is because they are lying!

About your claim about my money faucet being stopped:

Well, anyone who reads all these posts will know what you said is not true. I obviously have money because I offered you $5000 just to provide proof of your claims. The purpose of these posts is to show the whole world how you steal and lie.

About your great relationships with partners:

Yeah, until they start making money. You probably love your partners when they advertise for pennies. It would be interesting to know how many partners you have that have been stolen from like me. I hope more come forward.

About "We will not respond to any further convoluted nonsense posted by this individual" :

Because you have nothing to say! Your defense is hopeless.

Dec 5, 2016 - 1 Star In reply to Mr.Max.TW submitted Dec 1, 2016:

I offered you $1000 for you to prove to everyone how I was given permission to advertise MY OWN services. You made the same claim as before, but FAILED to show any proof. I will challenge you again, but this time I will offer you $5000 to show everyone proof. It will take 5 minutes of your time. If you can not do it, what you said is a complete LIE!

I would not need TradersWay permission to advertise MY OWN services! If I want to advertise my own website and my own services, that is completely up to me on my own. Your claim is completely ridiculous and you know full well it is a lie!

You conveniently failed to reply to everything else I said too. For example, you didn't reply about why it took more than a year to catch the so-called fraud. You only had a problem with my method after I started making a lot of money. How convenient!

About your other statement about some ads, I'm not sure what you are talking about. I am not even a partner anymore and I am still being blamed by TradersWay! I just looked today and there are ads for FxChoice and and Oanda showing up on a search for TradersWay. That is my fault, right? Or are they are committing fraud too? And Google itself is committing fraud since they are the ones approving and serving the ads, right? I do not think I ever heard in my life such a poor excuse from a broker to steal money. You people should be ashamed of yourselves.

Nov 29, 2016 - 1 Star This is a follow up to the previous reply from TradersWay.

The only nonsense written is what is coming from TradersWay. Here is why.

About "the IB was paid a lot of money over the past year through fraudulent client flow":

So you define "fraudulent" as someone who requested and received written permission from TradersWay to advertise a certain way? You define "fraudulent" as someone who spends their own money to advertise for TradersWay? You define "fraudulent" as someone who recommended TradersWay to all clients and who had TradersWay banners on multiple websites?

About "We banned him and his partner when it was discovered." :

How was it "discovered" if I had asked and received written permission to do this before I ever started? What is there to discover then? Your reply is a complete lie. There was nothing to ever discover!

And why did it take more than a year to discover this anyways? You people are really slow then. The real reason you banned me is because you saw an IB making too much money. If I was making only a little bit, you would have let it go on for another year!

About "He was given permission to advertise his own services on Google in connection with his affiliate link" :

This is an outright lie. Why in the world would I ever ask TradersWay permission if I could advertise MY OWN services in Google? Are you guys the police of the online world or what? I will give you guys $1000 cash if you can provide proof of this claim. Let the whole world see you are right, if you are.

About "they took a sneaky route, thereby skimming off of our normal business that we would otherwise receive through standard, organic traffic." :

Again, I received written permission from Joe Carney of TradersWay on September 18, 2015. You need to look the word "sneaky" up in the dictionary because what I did is the exact opposite of sneaky.

Nov 19, 2016 - 1 Star I am leaving this review as an IB/Partner and not a trader. I joined Tradersway as an IB in September 2015. I did not want to do anything they would not like and their terms had no restrictions for the type of advertising I had in mind. So before I started, I reviewed their partner terms and I specifically asked about advertising and what was allowed. So on September 18th 2015, I received clear written permission from Joe Carney (the IB manager at Traderway) that advertising in the search engines with my own money WAS ALLOWED. I did not proceed without first receiving this written permission. I can prove I received the written permission without a doubt and they cannot deny this.

I worked for Tradersway for more than a year loyally. I had banners and links on multiple websites, referred clients to them, and advertised in the search engines with my own money. Everything went fine until I started making serious money. Out of nowhere, more than a year later, they suspended my IB account and seized all commissions in November 2016. They even blocked my email address so I could not appeal. They gave absolutely no notice whatsoever. I was treated as a complete ENEMY instead of a partner.

So I emailed them from a different email address. They were very slow to respond and gave no explanation except to say my form of advertising was "fraudulent". How could it be fraudulent if I received written permission from Tradersway that I could do it??? How can it be fraudulent if it was okay for me to advertise like this for more than a year??? They had a problem with it because I was making serious money and they didn't want to pay!

So I appealed to them one last time and stated some simple logic. They completely ignored the email. They could not show me anywhere where it was against their terms for me to advertise with my own money in the search engines. They also had no defense against me receiving written permission from Joe Carney granting me permission to do this.

Now that my ads are off, the competition has moved in and they are now receiving less clicks than before, the ads are off all my websites too, I am no longer recommending Tradersway to all my clients, and now they have a bad review. Way to go Tradersway!

If they had a problem, I would have been more than happy to stop whatever it was they didn't like. All I needed was a notice or warning. It's what a professional broker would do with an IB.

To summarize, if you work for Tradersway as an IB/Partner, expect to never make any serious money, because when you do, they will cut you off and treat you like an enemy. They will seize your commissions and block access to your account. They will block your email address and ignore all appeals or communications you send them.

Reply by Mr.Max.TW submitted Nov 21, 2016 To clear up some of the nonsense written here - the IB was paid a lot of money over the past year through fraudulent client flow. We banned him and his partner when it was discovered. He was given permission to advertise his own services on Google in connection with his affiliate link however they took a sneaky route, thereby skimming off of our normal business that we would otherwise receive through standard, organic traffic.


Reply by Mr.Max.TW submitted Dec 1, 2016 We gave you permission to advertise your affiliate link in connection to YOUR OWN services that you offer. Not in the fraudulent manner you did. And within the past week, this same person posted more dishonest ads which we reported to Google and our other fellow brokerages who were affected.

Reply by Mr.Max.TW submitted Jan 4, 2017 Anyway this person is fraudulent and began using other fraudulent means with another broker, however we contacted this broker about his new activity as well as our fellow brokerages who were affected by it and it was resolved professionally by them. His free money faucet has stopped dripping so he continues to make posts here. We have great relationships with our partners, but there is a large difference between being a fraud and a partner. We will not respond to any further convoluted nonsense posted by this individual.

Las Vegas, NV, USA
Jan 29, 2017
Guest

Tradersway is a legit and very good forex broker

I've been using Tradersway for a couple of years off and on and I have lost a lot of money by my standards but its been due to my own trading errors and nothing suspicious about Tradersway. I am greatful that TW accepted me as a USA trader because I can continue learning to try and realize my dream of trading for a living. I am satisfied with the trading conditions they provide and the spreads are very good. I withdrew money once as a trial and was satisfied with the ease and timeliness. I love this broker and will stay with them as long as they keep accepting USA clients. I was really hoping to one day trade the emini s&p 500 but it is no longer available. That is my only complaint.

Reply by Mr.Max.TW submitted Feb 20, 2017:
Thank you for the positive review. Unfortunately we no longer offer indices but we are happy to continue providing the very best conditions for Forex trading for you. Please keep in touch and reach out if needed.
Venezuela
Jan 26, 2017
Guest

donal

helpme
I made your deposit in Bitcoin is not added to my account help please
#140841 MT4.FIX.
donalgoncalves@gmail.com

835473 Deposit Bitcoin 0.00 (USD) 140841 Jan 26, 2017, 5:39:57 PM Canceled

thiss adress
https://blockchain.info/es/address/1JvHgNkavU9p6kDbTm4kU7RS6Q3pinL9HQ

Reply by Mr.Max.TW submitted Jan 30, 2017:
Client contacted our Payments Department shortly after his Bitcoin deposit wasn't credited by our automated system and everything was checked and finalized swiftly. Please update your review to reflect that your issue was handled in less than 24 hours from the time your deposit was initiated.
Calgary, Canada
Jan 22, 2017
Registed user

No Good

Shady broker. Do not waste your money there is a lot of good broker out there much better than Traders Way.

Reply by Mr.Max.TW submitted Jan 30, 2017:
Please inform the community if you have used our services at all and if so, what aspects were not to your liking? It would be nice to engage in a conducive dialog with you that may be more helpful than this review is to both us and other prospective clients.
Bc, Canada
Jan 22, 2017
Registed user

Refund succeed

Thank you Traderways and Micheal who assisted me with the process of refunding they refunded me after seen all.my banking proofs and they been very patience with me and did their best tp solve my matters.
They are very cooperative with their clients and satisfaction of them as well.


Jan 9, 2017 - No Rating Guys I've have 3k since october 2016 that is never got refunded...after ive provide them all my bank statement and my bank investigation letter their reply is OUR IPS send the money to your account we dont undustand why you didnt receive?well if i would receive it would show on my bank statement and plus ur a oversea company our banking system in Canada is very simple and all legally documented clearly.
I want my money thats is insane from 3 month waiting for my refund and keep asking me legal proof that ive already provided.

Reply by Mr.Max.TW submitted Jan 30, 2017:
Thank you for your patience. It appears that working together we were able to get the stuck transaction with your bank through without any problems. Thanks for updating your review for the community to see. We are happy that you are also continuing to use our services as previously.
SHOW: