Fri, Jan 17, 2025

Tradersway

Score: [Rating: 4.1]

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Broker Details Tradersway
Founded Year 2011
Minimum Deposit $1
Maximum Leverage 1:1000 *
Address 8 Copthall, Roseau, Dominica
Contact sales@tradersway.com, +1 849 9370815
Customer Support Live Chat, Email, and Phone
Regulators
Prohibited Countries USA, UK
Trading Platforms MT4, MT5, cTrader
Dealing Desk ✅ Yes
ECN ✅ Yes
Margin Call / Stop Out: Not specified /40%
Web Trading ❌ No
Mobile Trading ✅ Yes
Currencies (45+)
Cryptocurrencies (5+) Bitcoin, Litecoin, Ethereum
CFD (5+) Gold, Silver, Stock Indexes, Oil, Other Commodities
EAs/Robots ✅ Yes
News Trading ✅ Yes
Scalping ✅ Yes
Copy Trading ✅ Yes
Deposit Methods  Wire transfer, credit/debit cards via Vload and Instacoins, Perfect Money, Skrill, Neteller, Topchange, Bitcoin, Bitcoin Cash, Litecoin, Ether, US$Coin (USDC), and Tether (USDT)
Withdrawal Methods Bank Wire (BankTransfer/SWIFT), Bitcoin, Ether/Ethereum, FasaPay, Litecoin, Neteller, PerfectMoney, Ripple (XRP), Tether (USDT)

 

Pros

  1. Tight spreads and low commissions on ECN accounts.
  2. No restrictions on trading strategies like hedging, scalping, or using algorithmic advisors.
  3. Access to social trading platforms to copy successful traders.
  4. Ideal for experienced and professional traders.
  5. Flexible and user-friendly trading environment.

Cons

  1. No cent (micro) accounts available.
  2. No investment options in PAMM, MAM, or RAMM accounts.
  3. Complex verification requiring certified document translations into English.
  4. No in-house analytics provided by the broker.
  5. No Russian-speaking support in online chat.

Is TradersWay.com the Right Broker for Your Trading Style? A Detailed Review

TradersWay.com is a broker offering a range of trading accounts, including ECN and STP, with tight spreads and low commissions, making it appealing to experienced and professional traders. The platform supports various strategies, including scalping and hedging, and allows the use of algorithmic trading tools. Traders can also engage in social trading by copying successful traders through several platforms. However, the broker does not offer cent (micro) accounts or investment options in PAMM, MAM, or RAMM accounts, limiting certain investment choices.

On the downside, TradersWay.com has a complex account verification process requiring certified document translations into English. The broker does not provide its own market analytics, and there are no Russian-speaking operators available in the customer support chat. These factors may be a challenge for users looking for a more seamless experience, especially non-English speakers or those requiring comprehensive research tools.

1 thoughts on "Tradersway"

  • November 23, 2024 at 2:05 pm

    Good broker – got withdrawals faster

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