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TradersWay.com Review Visit site

Updated: May 29, 2017
3.469 · 145 REVIEWS
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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

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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!


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3.469 · 145 REVIEWS
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DO YOU RECOMMEND THIS COMPANY?

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

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USA
May 25, 2017
Registed user

25pip spread took $450 from active orders

First off I am so unbelievably angry with Tradersway as I type this so please bear with me.

Now I understand market exposure and of course relevant items like exchange cutover, news release affecting forex pricing etc. But what just happened to me simply feels criminal.

Earlier today my back was against the wall on 3 sell orders but holding a range good eonugh to tough it out. During the 5pm EST cut over I watched the spread jump to 25+ pip and take over $450 from my account! What the hell?? I mean I get exchange cut over spreads but 25+pip? This is not the 1st time I've dealt with this and Tradersway. I

So does one eve have any rights on the matter? It just seems like it should illegal for brokers to not protect active customer orders by letting exchanges snag anything they please with 25+pip spreads.

Am I missing something??

Also Im a bit sad because Tradersway was the only broker I could use with ctrader access in USA. AN dplease dont lecture me I'm the one that just lost $450, I'm looking for useful advice on the matter and already mad enough at myself.

15 pip spread took out some orders last month
today 25+pip and I wrote a review and emailed them

after I emailed them a 50pip spread on the same orders
really something is extremely off here and I want legal advice

in complete shock tbh
as I type this the spread on GBPNZD again jumped again 45+ pip just snagging away, how can this be allowed to go on??

USA
May 5, 2017
Registed user

I have been teaching Forex classes for years and have been with Tradersway for two years as my only offshore broker that i use and recommend to my students. I don't have any major issues at all. The little issues have had, they fix it asap. I want to give all the credit to Adam at the sales department. His very professional, response to email and even returns call. Good job TW and keep up the good work. Looking forward to long and prosperous partnership.

Tamilnadu, India
May 4, 2017
Registed user

Re Regulation & Registration of company

Kindly do clarify regarding the

1.Regulation: Not Regulated.

2.Company registration not mentioned or it doesn't have any registration.

if not regulated then what is the safety to the customers who deposit with your company.

Palmyra, USA
May 3, 2017
Guest

Bad partnership

Do not waste your time trying to partner with them. Their partnership is horrible and doesn't pay well. They give no information so you can know if their tracking even works. There are other brokers out there who make TradersWay look like a bunch amateurs. I will be working with those brokers instead.

Dec 3, 2016 - 1 Star I called their phone number and it rang with no answer. It was during the week day too. I noticed their website has parts that do not even function right. It's too unprofessional for me. How can someone trust a broker like this!

Reply by Mr.Max.TW submitted Dec 6, 2016 If you call when all of our operators were busy you can leave a voice message and we will call you back promptly. Had you contacted us on live chat or email we would have been happy to help you or even provide you with a callback.

Kuala Lumpur, Malaysia
Apr 18, 2017
Registed user

Withdraw

Receive my withdraw today,exactly 48hours.
Thank You to Joe Carney very trusted man in forex world(help me a lot) and people behind the Finance Department,you guys very accurate.
Try Tradersway and you will know what i means,thumbs up ,trusted broker.

Irwan Malaysia.

USA
Apr 17, 2017
Guest

I chose traders way because they seem to be the only ones accepting credit cards these days. Every other broker I chatted with said they either do not accept cards at all or cannot accept card payments from the USA. The deposit fee is expensive but was cheaper than sending a wire transfer so I dealt with it. Anyone looking to deposit more than $1500 should deposit by wire transfer because the fee is just too high. Execution and spreads are good, but their sales department is amazing. Joe Carney always replies even on the weekends and appears to live up to his reputation he has online. Never had an experience like it.

Rockville, MD, USA
Mar 31, 2017
Registed user

Trader's Way is Excellent

I have been trading for years and have been looking for honest brokers who offer hedging and excellent leverage. Trader's Way has met all of those criteria. Their customer service is excellent, timely and professional. Their execution is surprisingly more accurate than most U.S. Brokers. The only challenge I can think of is when it comes to deposits and withdrawals specifically in regards to the fees and card limitations. However, this is understandable since they are an international broker. I give two thumbs way up to this firm.

USA
Mar 15, 2017
Registed user

Bitcoin deposit uncertainty

tradersway say bitcoin deposit is free but it is been days I have asked what will be the rate of my bitcoin when they sell it at prevailing market, but no one answer me. but on FXchoice back office you can see the exchange rate right away before doing the deposit. I don't know why no one at traders way can answer that, even live chat told me they don't have the answer, and sent me an email to payments@tradersway.com.

Reply by Mr.Max.TW submitted Mar 17, 2017:
Our Bitcoin exchange rate is the rate quoted by Blockchain.info on their website after 5 confirmations have passed. It is not possible to tell you what the exchange rate will be due to exchange rate fluctuations between BTC and your account currency between the time you send the coins and the time the 5th confirmation has occurred. If we post an exchange rate on our website and then the value of Bitcoin decreases by the time it reaches our wallet, clients will hold us to the original (old) exchange rate if there is some large movement. Hope this helps.
Texas, USA
Mar 14, 2017
Guest

Bank Wire Fees Too High

Good broker, but, Credit Card Processor is in China? Withdrawals cost a fee of $150.00 by Bank Wire. That seems more than a little high, when many companies only charge the bank fees for withdrawals.

Reply by Mr.Max.TW submitted Mar 17, 2017:
Thank you for your review. We understand your concerns. However please note that many credit card processors and banks are not willing to do business with FX traders from your region, and most brokers do not accept card payments from the same as well. We do our best to provide any and all payment options possible, and can assure you that we charge only the fee charged by our bank and do not add anything to our deposit/withdrawal fees. We hope that you look into our other payment methods and contact us for detailed information on how to withdraw using them.
Miami, USA
Feb 28, 2017
Registed user

Problem with withdrawal

I've been with this broker for 3 years and had generally no issues. Decent execution, easy to deposit and withdraw to card or Payza. However recently as of Feb 2017 it look like things have changed. I suspect this broker is running of of funds and they are trying to hold on to the deposits as much as possible. I wanted to withdraw $100 of my $400 balance from on of my accounts there to my card which I used for deposit. I noticed that I could not put in just $100 for withdrawal to card but only the entire amount of $400. I asked customer support chat why this was and they said that I COULD NOT make PARTIAL WITHDRAWALS to my card -- only full balance withdrawals. So I had to closed my open positions in this account and put a withdrawal for the entire balance. I specifically asked customer support if they would rather the client withdraw their entire account balance rather than make a partial withdraw and they said that YES this was the only option. I suppose because I made a profit of $100 on this account - they did not want me to withdraw just the profit. I am now in the process of withdrawing from all my accounts there since already the alarm bell has been rang loudly. If the client cannot withdraw his/her money at will from a broker to me this is a red flag. I was not under any type of a Bonus promotion either I might add. I will report here how the rest of my withdrawals went but in the meantime I would advise anyone wanting to fund at TradersWay to consider their options carefully until this broker has fully responded and gave an explanation for their sudden withdrawal limitations.

Reply by Mr.Max.TW submitted Mar 2, 2017:
To clarify - the card processor we use is only able to process full refunds back to your card. It has nothing to do with not wanting our clients to withdraw their profits like you insinuate. That is an arbitrary assumption you present. Most brokers who accept clients from your country do not accept card deposits at all, so we believe our deposit and withdrawal options are among the most diversified for clientele from your region. We provide adequate withdrawal options and very detailed responses with instructions on how to withdraw using those options to ensure everyone is able to recall their money & profits without any issues. This is something we do take seriously and always have.
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