Discuss TradersWay.com

[TW.PR]

Forex!

The foreign exchange market (FOREX) is the largest market in the world with high-end liquidity and an average daily trading volume about $4 trillion. It comprises of a series of transactions where one currency is bought/sold for another one at a specific rate. This currency pair rate changes every second as a result of the constantly fluctuating global demand and supply for both currencies of the pair. For example, the EUR/USD current rates will fluctuate based on demand/supply and these rates cannot be controlled by a single entity, making this market perfect for trading.

We offer traders a wide choice of currencies for trading. You can trade any currency from basic currency pairs to exotic ones. You can choose your trading method - accounts with a fixed spread or accounts with a floating spread. In any case, you receive excellent competitive conditions and no commission. You can start to trade with only a few dollars, the minimum transaction is 0.01 of a lot and a size of leverage ratio ranges up to 500:1.

If you are a professional trader and believe you have the confidence and experience to trade in larger lots, you can choose the ECN/STP account with direct access to interbank liquidity. We provide this option in a well-known trading platform - MetaTrader 4! In this case you will have to pay a commission but you get minimum spreads that can even be as low as 0 pips. Moreover, if you trade actively (pips trading is welcomed) and make a big turnover, we encourage you - we return you a by returning part of the commission on monthly results. The more you trade the less commissions pay!

Enter the biggest market in the world using our brokerage services and pave your Way to the success! Do check out www . tradersway . com for more info, details.

 

[RahmanSL]

Browsing through this thread, it's glaringly plain to see that TradersWay does not have very many FPA members as clients.

Curiousity got the better of me and I checked out our FPA's Brokers Review section and...OMG....TradersWay do have one client (or ex-client) going by the name of "Yehia Tawfik, EG" who posted a horrifying nightmarish trading experience with TradersWay on 27-Sep-2011...which is more than one month ago and yet NOT A SINGLE representative (including the above TradersWay Rep) from TradersWay bothered to reply to that complaint.

This don't seems like very friendly and efficient service to me.

Question that pops into my mind is, what the hell use is having "excellent competitive conditions and no commission", "minimum spreads that can even be as low as 0 pips", "EUR/USD – they reach 0 pip", and all the other hipped-up sales pitch when, at the end of the day, client's trades (as mentioned by Yehia Tawfik) can be opened and closed/manipulated by TradersWay as they wish or see fit???

So, the question becomes, who and what exactly is TradersWay.com?

 

[TW.PR]

Minimizing Risks!

One way to minimize trading risk is by analyzing your need, requirements and the leverage ratio you are comfortable with. Simply put – the larger the leverage, the bigger the risk. All risks arise when the leverage ratio is increased; this is proportional to the potential profits but at the same time equally proportional to any losses you accumulate when trading.

It is essential you understand why this is important; in order to minimize the risk, you should not opt for high leverage. You should always keep this in mind while planning your trading. A high leverage ratio in itself is a huge advantage of CFDs compared with the classical financial tools. You should use it wisely. Here are a few pointers, which should allow you to minimize risks along with a few simple rules you need to follow when trading.

• Keep monitoring your leverage ratio.
• Know the market on which you trade.
• Watch your open positions closely; monitor the state of your account.
• Observe capital management rules.
• Do not try to use "pyramid" trading against the market. Remember that you can increase profitable positions only.
• Remember that long-term trading is simpler than short-term pips-trading.
• Keep learning and gaining experience.

To learn more about trading risks, you may want to check out www . tradersway . com

 

[Mr.Max.TW]

Browsing through this thread, it's glaringly plain to see that TradersWay does not have very many FPA members as clients.

Curiousity got the better of me and I checked out our FPA's Brokers Review section and...OMG....TradersWay do have one client (or ex-client) going by the name of "Yehia Tawfik, EG" who posted a horrifying nightmarish trading experience with TradersWay on 27-Sep-2011...which is more than one month ago and yet NOT A SINGLE representative (including the above TradersWay Rep) from TradersWay bothered to reply to that complaint.

This don't seems like very friendly and efficient service to me.

Question that pops into my mind is, what the hell use is having "excellent competitive conditions and no commission", "minimum spreads that can even be as low as 0 pips", "EUR/USD – they reach 0 pip", and all the other hipped-up sales pitch when, at the end of the day, client's trades (as mentioned by Yehia Tawfik) can be opened and closed/manipulated by TradersWay as they wish or see fit???

So, the question becomes, who and what exactly is TradersWay.com?

We highly respect FPA and its users and would like to show the facts about Yehia Tawfik case for you to make your own opinion.

The client opened an account, made some profits and requested full amount (deposit + profit) withdrawal. The client traded on big market movements; for sure some slippage was possible.

The client made the withdrawal request in Private office and saw that his request was successfully recorded in the system on Oct 21. However, he made the deposit by credit card and according to our rules could withdraw back to credit card only. Seems the client did not read the rules and made a wire transfer withdrawal.

Due to his mistake the withdrawal was not processed straight away and the ticket was transferred to the Client Management department. The specialist contacted the client and finally they agreed that it will be an exception and the wire transfer will be processed.

The withdrawal request was made on Friday’s evening (Oct 21). When the issue with the client’s mistake was resolved, the finance department already finished its work. Since the case was transferred to another department the amount was not deducted from the trading account on Friday.

On Monday (Oct 24) the finance started working and sent a wire transfer request to the bank.

On Tuesday (Oct 25) the client saw the amount on his account and did not inform the company about this mistake but decided to use already withdrawn money again. He made some profits and tried to withdraw it again. Since the profit was made on the company’s money, the company cancelled the deal by making an opposite deal.

So the problem originally was due to the client’s withdrawal mistake. Later on, because of this abnormal withdrawal process, the company also made a mistake not deducting the amount from the client’s trading account. Anyway it’s not the reason to use already withdrawn money.

If the client agrees we can publish the full trading account history log as well as monetary transactions history to prove all this information by real figures.


P.S.
Everybody can make a mistake. E.g. you, RahmanSL, also made a mistake. The review was posted on 2011-10-27 (it's Oct), not 27-Sep-2011 as you wrote. It's in human nature to make mistakes, we think it's quite normal. But reaction to such mistakes can be normal or not. We suppose that such client's reaction not to talk to the company but trying to use money again is not normal as well as putting such slanderous review. Anyway now you have facts so you can make your own opinion.

 

[RahmanSL]

I concur that without a doubt, we humans make mistakes!...including (or especially so) myself.

My point in this post is to point out to you that you took the time to post (from the 10-18-2011 to 11-05-2011) eleven times expounding the virtues of TradersWay.com, but yet would not respond to and help clarify that single horrible review post which carries a lone star meaning "Stay Away".

"If the client agrees we can publish the full trading account history log as well as monetary transactions history to prove all this information by real figures."

That should rightly and more appropriately be posted in that reviews section and, failing any response, to be published in order to clear TradersWay of that accusation.
In fact, the whole of your explanation post should be posted in that reviews section.

I somehow get the feeling that you are quite new in this kind of thing!

Anywhere, do clear up that smug on Tradersway.com's name and I shall be keeping watch to see whether your brokerage is really what you claim it to be. Who knows, if I am reasonable satisfied, I might try it out! : )

 

[Mr.Max.TW]

I concur that without a doubt, we humans make mistakes!...including (or especially so) myself.

My point in this post is to point out to you that you took the time to post (from the 10-18-2011 to 11-05-2011) eleven times expounding the virtues of TradersWay.com, but yet would not respond to and help clarify that single horrible review post which carries a lone star meaning "Stay Away".

"If the client agrees we can publish the full trading account history log as well as monetary transactions history to prove all this information by real figures."

That should rightly and more appropriately be posted in that reviews section and, failing any response, to be published in order to clear TradersWay of that accusation.
In fact, the whole of your explanation post should be posted in that reviews section.

I somehow get the feeling that you are quite new in this kind of thing!

Anywhere, do clear up that smug on Tradersway.com's name and I shall be keeping watch to see whether your brokerage is really what you claim it to be. Who knows, if I am reasonable satisfied, I might try it out! : )

We don't check reviews very often. Maybe you're right, we should pay more attention to it.

The same explanation is posted in the reviews section, hope it will help people to understand the situation.

We cannot publish the figures without client's approval because it's private information. Up to the moment we haven't received the approval.

 

[TW.PR]

Trader's Way Makes ECN Trading More Affordable!

November 14, 2011. Trader’s Way, a prime on-line FOREX and CFD broker, is pleased to announce that it lowers the minimum initial deposit for ECN accounts down to $100 USD and the minimum transaction volume to 0.01 lots (1,000 units of base currency). The step aims at opening the ECN trading to the majority of retail traders, making it more affordable and less risky.

Trader’s Way aspires to provide maximum trading opportunities for its clients and constantly upgrades its conditions to offer more choices and profit chances. Now the company has reduced the minimum initial deposit from $300 USD down to $100 USD to open up the ECN market more and spread its advantages to the majority of retail traders. The minimum order size has been also lowered from 10,000 down to 1,000 units of base currency. The Company stays committed to its course of ensuring its customers with the widest choice of trading opportunities and will continue improving its trading conditions.

To find out more please check our MT4.ECN. account trading conditions, the info is available at www . tradersway . com

Trading with Trader's Way you can be sure of the widest range of trading opportunities. All financial markets, different types of accounts for any taste and the most advanced technologies are at your services. Enjoy the freedom of trading and live the life of maximum opportunities!

 

[TW.PR]

ECN Trading Conditions!

Trader's Way offers ECN Trading with a direct access to interbank liquidity on Meta Trader 4 platform.
Our MT4.ECN. account trading conditions are the following:
Low floating spreads: from 0 pip
Deposit Currency: USD
Minimum initial deposit: 100 USD
Minimum volume of transaction: 0.01 of a lot (1.000 units of base currency)
Step: 0.01 of a lot
Maximum Leverage ratio: up to 1/100
Commission: Yes
Orders execution: Market
Carrying positions overnight: SWAP
NOSWAP account: No
Margin Call Level: 200%
Stop Out Level: 50%
Telephone Desk service: Yes
Available assets balance Interest rate: No
Web version of the trading terminal: Yes, free of charge
Access to your account from mobile devices: Yes, free of charge
Demo version: yes.
Check out www . tradersway . com for more details

 

[TW.PR]

Forex Micro accounts!

Trader's Way offers Forex Micro account that is designed especially for beginners who prefer to try real trading but with minumum risk.

Our MT4.MICRO. account trading conditions are the following:
Low spreads: starting from only 2 pips
Deposit Currency: USD
Minimum initial deposit: no limitations
Maximum balance: 3,300$
Minimum volume of a transaction: 0.1 of a micro lot (100 units of base currency)
Maximum volume of a transaction: 100 micro lots (100,000 units of base currency)
Lot size: 1,000 units of base currency (usually called a Micro Lot in MT4 brokers with micro lots)
Step: 0.1 of a Micro lot (100 units of base currency)
Maximum leverage ratio:
balance lower than 1,000 - 1:500
balance from 1,001 to 3,300 - 1:200
balance from 3,301 - 1:10
Commission: No
Orders execution: Instant
Carrying positions overnight: SWAP
NOSWAP accounts: Yes
Margin Call Level: 100 %
Stop Out Level: 10 %
Telephone Desk service: No
Available assets balance Interest rate: 1 % annual
Web version of the trading terminal: Yes, free of charge
Access to your Forex Micro account from mobile devices: Yes, free of charge
Demo version: No

Check out www . tradersway . com for detailed info about MT4.MICRO account.

 

[TW.PR]

Standard accounts with fixed spreads

Trader's Way offers Standard Account with fixed spreads on MetaTrader 4 platform. This type of account is designed especially for traders who prefer to know the exact spread size on each trading instrument. It can be important for strategy planning and use of automatic trading.

Our MT4.FIX. account trading conditions are the following:

• Low spreads: starting from 2 pips
• Deposit Currency: USD
• Minimum initial deposit: no limitations
• Minimum volume of the transaction: 0.01 of a lot (1,000 units of base currency)
• Step: 0.01 of a lot
• Maximum leverage ratio: 1/500
• Commission: No
• Orders execution: Instant
• Carrying positions over a night: SWAP
• NOSWAP accounts: Yes
• Margin Call Level: 100 %
• Stop Out Level: 10 %
• Telephone Desk service: Yes
• Available assets balance Interest rate: 1 % annual
• Web version of the trading terminal: Yes, free of charge
• Access to your account from mobile devices: Yes, free of charge
• Demo version: Yes

Check the detailed info about MT4.FIX.account