TradersWay ReviewMinimum Spread : ECN
Foundation Year : 2010
Min Deposit $ 10
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TradersWay broker Review: Tradersway broker also known as TW Corp., finds its origination in Dominica offshore. It primarily deals in foreign currency exchanges. As per the information, the idea for its establishment came in the minds of professionals of the financial field. The motive behind its launch was to provide free and limitless trading and transactions.
The broker website is offering instruments like stocks, metals, commodities and energies, additionally for traders to invest. Let’s take a round up of authenticity and analysis.
Trading platforms on Tradersway Broker
The company is using MetaTrader4 and MetaTrader5 as trading platforms. They are available with Standard and ECN accounts. There is a quick deal tool for enhancing the one-click trading experience. Following the NDD/STP model for transparency, the brokerage firm has teamed MT4 and MT5 with ECN. Both are compatible with MetaTrader web as well/.
Traders can also relish DMA trading using MT4 and MT5 coupled with Expert Advisors (EA) and user-friendly interface. For accessing the account on some other computer, Tradersway is offering WebTerminal at the top of the website for security purpose.
MetaTrader 5:- It includes all the robust elements of MT4 besides that; there are 80-built-in indicators, and supports multiple languages. It sports the ability to analyse several instruments for helping a trader.
Various types of platforms made available
- Ctrader– Sub millisecond execution speed
-It subsides any conflict of interest.
-There’s a Ctrader web to support it.
- MT mobile apps– Traders can install it on their mobile, tablet and other compatible devices and access trade on the go.
– The versions for it is available for download on Android, Windows system and iOS.
Accounts on Tradersway
MT4 – VAR:-
Deposit minimum – $ 10
Deal size minimum – 0.01 lot
Variable Spread minimum – 1.5 pips
For MT4 -ECN, CT -ECN and MT5 -ECN
Minimum deposit – $ 10
Deal size minimum – 0.01 lot
Variable Spread minimum – 0 pips
Withdrawal and deposit method on Tradersway
The website accepts a plethora of ways for the transaction of funds (deposit-withdrawal). Some of them are:-
- Perfect Pay
- Wire Transfer
- It accepts Cryptocurrencies like Ether, Litecoin, Ripple, Bitcoin etc.
Guidelines to follow
- An investor needs to verify the account for making deposits or participating in any promotions.
- A withdrawal will only be allowed if there is no other such request pending.
- It takes up to 48 hours before the withdrawal request processes.
- Third-party payment requests are not entertained.
- In case, the balance of one account declines to the negative; the system generates funds from other accounts of the user.
- Scalping, EA and Hedging allowed
- Maximum leverage: 1:1000
- Swap-free Islamic accounts
- Access to the demo account
- Low commission
Bonus at Tradersway
The brokerage website offers a 100 per cent bonus on a deposit by an investor. One needs to choose a type of deposit, and the amount gets credited to the trading account.
How to contact Tradersway?
For contacting, there is a live chat option, an email id and a phone number for a user to resolve any query.
Features to know
- It is Offering 45 plus currency pairs.
- There are five-plus cryptocurrencies including Bitcoin, Ethereum and Litecoin.
- The complex financial derivatives apply on gold, silver, commodities, indices etc.
- It does not comply with any foreign currency exchange rules internationally.
- Currently, there is no authority or regulatory body that looks after its functioning, which is a concerning fact.
- Operating only with Dominica offshore registrations.
Traders Way – Safe or Scam?
Many people may ask whether Tradersway is safe or a scam? They should begin by trying the demo account. It will open the gates of conclusion with evidence. The brokerage company is in operation since 2011, and a fraud website would bust if it cheats. So, the discretion of traders is advisable here. Additionally, the features and the latest available platforms make it attractive and viable for clients. However, currency pairs and lack of assets in the competitive times require improvement.
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