Traders Way Review 2024 (Expert Review)
Traders Way Review Summary
Traders Way is a well-known online brokerage company that has been in the business for oyears. Its services are designed to optimize active trading, as well as provide opportunities for passive investment. Its services cover four types of trading instruments, including CFDs. Traders Way is a great choice for individuals and investors who want to diversify their portfolios.Traders Way accepts various forms of payment. Traders can also provide clients with a free demo account. This is a trading account that offers the same trading conditions as a real account. Traders Way requires you to register an email address, verify your phone number, and submit documents for KYC checks. Once you have signed up for an MT4 or other account, you can begin to fund your account.
Traders Way review
Traders Way Platform Features
๐บ๏ธ Country of regulation | Unregulated |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | No |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | 10 |
๐ Time to open a Traders Way account | 1-3 Days. *A Traders Way demo account can be opened in a few minutes, but live Traders Way trading account creation times will vary depending on how long it takes to process your Traders Way KYC documents. |
๐ณ Wire Transfer | No |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 1 |
๐ฎ Demo account provided | Yes |
๐๏ธ Financial Instruments offered | Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs |
Traders Way review
Traders Way Financial Regulation
Traders Way is regulated by Unregulated.
Traders Way review
Traders Way Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Traders Way include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Traders Way can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
Traders Way review
Traders Way Advantages
One of the main advantages of using Traders Way is around the clock service and support as well as research offerings. Not only this, but Traders Way has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Traders Way with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Traders Way makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Traders Way offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- Traders Way has been in business over 10 years.
- Traders Way offers Neteller as a payment method.
- Traders Way offers Skrill as a payment method.
- Traders Wayoffers Islamic Accounts.
- Traders Way offers ECN trading.
- Traders Way offers a Apple Mac desktop trading platform.
Traders Way review
Traders Way Disadvantages
Although Traders Way has a lot of good points Traders Way does not offer the below.
- Traders Way does not offer Stock Trading (See Traders Way alternatives who offer Stock Trading here)
- Traders Way does not offer Cryptocurrency Trading (See Traders Way alternatives who offer Cryptocurrency Trading here)
- Traders Way does not offer PayPal as a payment method (See Traders Way alternatives who offer PayPal as a payment method here)
- Traders Way does not offer Bitcoin Trading (See Traders Way alternatives who offer Bitcoin trading here)
- Traders Way does not offer the MetaTrader 4 platform (See Traders Way alternatives who offer the MetaTrader 4 platform here)
- Traders Way does not offer the MetaTrader 5 platform (See Traders Way alternatives who offer the MetaTrader 5 platform here)
- Traders Way does not offer the cTrader platform (See Traders Way alternatives who offer the cTrader platform here)
- Traders Way does not offer Spread Betting (See Traders Way alternatives who offer Spread Betting here)
- Traders Way does not offer Hedging (See Traders Way alternatives who offer Hedging here)
- Traders Way does not offer Scalping (See Traders Way alternatives who offer Scalping here)
- Traders Way has inactivity fees (See Traders Way alternatives who do not have inactivity fees here)
Risk Warning: Your capital is at risk.
Traders Way review
Things to understand when trading with Traders Way
Trading with Traders Way involves risk. You should only risk capital with Traders Way that you can afford to lose. Understand your risk tolerance with Traders Way, and have a trading strategy that Traders Way is able to help you execute. Traders Way is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Traders Way give you access too.
Traders Way review
Traders Way Trading Fees
Trading fees on Traders Way are taken in the form of the spreads Traders Way offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Traders Way. Traders Way fees vary depending on the financial instruments traded and can include, Traders Way overnight funding fees, spreads, margins and Traders Way inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Traders Way account charged by your 3rd party payment provider if your Traders Way base currency is different from your Traders Way withdrawal method.
Name | Traders Way | IC Markets | Roboforex |
Account Fees | No | No | |
Withdrawal Fees | varies | No | Yes |
Deposit Fees | No | ||
Inactivity Fee | No | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Traders Way review
Traders Way Financial Instrument Fees
Traders Way fees for Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs are listed below.
Traders Way review
Traders Way Stock Trading Fees
The majority of Traders Way trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Traders Way stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
Traders Way review
Traders Way Forex Fees
Commission on Traders Way Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Traders Way Forex fees is based on their trade size. To calculate Traders Way Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
Traders Way review
Traders Way Cryptocurrency Fees
Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Traders Way cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Traders Way cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).
Traders Way review
Traders Way Non Trading Fees
Traders Way non-trading fees include a variety of Traders Way brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Traders Way trading platform. The most common non-trading fees include Traders Way withdrawal fees, Traders Way deposit fees and Traders Way inactivity fees.
Traders Way review
Traders Way Deposit Fees
Traders Way does charge deposit fees in some cases. When funding your Traders Way account there may be some Traders Way deposit fees which will vary depending on the payment method you use to deposit to your live Traders Way trading account.
Traders Way review
Traders Way Inactivity Fees
Traders Way does charge clients an inactivity fees for dormant Traders Way trading accounts. A Traders Way inactivity fee is a sum charged on Traders Way brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
Traders Way review
Traders Way Withdrawal Fees
Traders Way does charge Traders Way clients small withdrawal fees. Withdrawals fees vary between Traders Way and Traders Way alternatives depending on where you are located and how much money you are withdrawing.
Traders Way review
Traders Way Account Fees
Traders Way does not charge account fees. Account fees charged differ between Traders Way and other brokers. An account is a fee that Traders Way and other brokers assesses on all accounts for the ability to keep an account on their platform.
Traders Way review
Traders Way Account Opening
The Traders Way account registration process is simple, user-friendly, and quick. Within 1-3 Days most Traders Way trading accounts are ready for live trades. Our Traders Way account was validated in 1 day, but live Traders Way trading account verification times will vary depending on the time it takes to process your KYC documents and Traders Way trading account application. A Traders Way demo account can be opened in a few minutes.
Traders Way trading accounts are available in over 189 countries. Traders Way is restricted in the following countries.
Apart from the restricted countries a Traders Way trading account can be opened globally.
The Traders Way trading platform is available for residents in US. Some financial instruments Traders Way offer may be restricted in your country.
- Fast Traders Way account opening.
- Traders Way accounts can be opened and KYC can be verified digitally.
- Traders Way minimum deposit is 10 USD / GBP / EURO.
- Traders Way trading account verification may be held up for longer than a day if there is an issue with verifying your account.
Traders Way review
Traders Way Deposit And Withdrawal
Traders Way Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
GBP, USD, EURO are supported by Traders Way as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
Traders Way offers the following account GBP, USD, EURO.
When trading make sure your Traders Way trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Traders Way has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
Name | Traders Way | IC Markets | Roboforex |
Number Of Currencies | Yes | 10 | 4 |
Base Currencies | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Traders Way review
Traders Way Deposit Fees and Deposit Methods
Investors can log in to their Traders Way trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Traders Way trading accounts from an existing bank account or send the funds through a wire transfer or online check.
Traders Way Deposit Fees
Making a deposit on your Traders Way account is free.
Traders Way Deposit Methods
There are several methods through which you can deposit money into your Traders Way account. One can use a credit or debit card and Traders Way accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Traders Way account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Traders Way account. Funding methods for Traders Way include Credit cards, Debit Cards via Vload, Bank Wire transfer, Bank Transfer (Abra), Bitcoin, Ether, Litecoin, Ripple, USD Coin (USDC), Tether (USDT), TrueUSD (TUSD), Skrill, Neteller, Perfect Money, FasaPay,.
Traders Way review
Traders Way Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your Traders Way brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Traders Way positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Traders Way account.
Name | Traders Way | IC Markets | Roboforex |
Funding Methods | Credit cards, Debit Cards via Vload, Bank Wire transfer, Bank Transfer (Abra), Bitcoin, Ether, Litecoin, Ripple, USD Coin (USDC), Tether (USDT), TrueUSD (TUSD), Skrill, Neteller, Perfect Money, FasaPay, | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, |
Withdrawal Fee | varies | No | Yes |
Deposit Fee | Varies | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Traders Way Fees When Withdrawing Your Account Balance
Traders Way do not charge withdrawal fees. Some withdrawal fees are out of the control of Traders Way and may be due to 3rd party payment providers and your account base currency.
Traders Way Withdrawal Methods
Log into your Traders Way trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Traders Way account to your bank account. To withdraw money from your Traders Way account you can use credit or debit cards. Traders Way processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Traders Way processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
Traders Way review
Traders Way Trading Platforms
As there are a number of tradable financial instruments available on the Traders Way trading platform. Before investing in the Traders Way platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Traders Way platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Traders Way offer livechat, phone, and email support.
If you struggle with technology, you need to consider the level of support on Traders Way is available. Another thing to consider is your financial goals. Make sure that a Traders Way account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Traders Way account. Ensure that Traders Way allows you to focus on the type of trading that you want to focus on.
Make sure Traders Way is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Traders Way, think about how easy it is to use for your personal needs. Does the Traders Way platform offer real-time updates or delayed updates that are more informed? Remember to check if Traders Way is well regulated, and what tradeable financial instruments Traders Way has. Security is very important when it comes to trading with Traders Way.
Traders Way Web Trading Platform
A Traders Way web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Traders Way which acts as a financial intermediary. Traders Way is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the Traders Way mobile trading platform.
Traders Way Apple IOS Trading Platform
A Traders Way iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
Traders Way Google Play Android Trading Platform
A Traders Way Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
Traders Way review
Traders Way Mobile Trading User Experience
Traders Way mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Traders Way mobile trading refers to trading using a mobile phone.
Leading brokerages like Traders Way offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Traders Way portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Traders Way. Once you have download the Traders Way trading app, you are ready to begin.
Traders Way review
Traders Way Desktop Computer Trading Platform
A Traders Way computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Traders Way desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Traders Way desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
Traders Way MetaTrader 4
MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.
Traders Way MetaTrader 5
MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis. There are many benefits at MT5, as the platform represents an all-in-one concept, offers impressive analytical tools and a modern look with the allowance to open hundreds of charts and perform analysis through truly advanced institutional grade features.
Traders Way cTrader
cTrader is a trading platform allowing CFD and currency pair trading. cTrader offers advanced technical analysis charting tools and very fast market order execution. cTrader is available on multiple devices. cTrader offers more complex configurable trading tools for more advanced traders.
Traders Way PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using Traders Way. A trading computer with access to a Traders Way PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
Traders Way Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the Traders Way trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Traders Way trading platform is very user friendly on a Mac device.
Traders Way review
Traders Way Trading Look And Feel
The Traders Way user interface (UI) is what Traders Way traders will see and interact with first when trading with the Traders Way trading platform. The Traders Way is well designed. The goal of the Traders Way trading UI is to make the Traders Way user's experience intuitive. The Traders Way application has good user experience and a good level of customer satisfaction.
Traders Way Security
Traders Way is a secure trading platform. Traders Way offers traders security via 2 factor authentication, SSL encription when trading with Traders Way. Traders Way trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Traders Way. Rate limitation on Traders Way suspicious account activities is another layer of protection that is provided for Traders Way trading accounts, for example multiple failed login attempts with Traders Way. You have the option to further safeguard your account by using Traders Way Two-Factor Authentication (2FA), which provides an extra layer of security.
The Traders Way trading infrastructure is constantly watched and guarded by a trained team at Traders Way In addition, Traders Way never send sensitive information without first encrypting on the Traders Way trading platform using transport layer security (TLS) and SSL.
Traders Way review
Placing A Buy Or Sell Order On Traders Way
Available Traders Way order types. # market, limit, stop, stop limit, Good until end of day / canceled.
Traders Way Market Order
A Traders Way market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Traders Way market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Traders Way market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
Traders Way Limit Order
A Traders Way limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
Traders Way Stop Order
A Traders Way stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
Traders Way Stop Limit Order
A Traders Way stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Traders Way stop-limit order triggers a limit order when a stock price hits the stop level. A Traders Way stop-limit order can be helpful when trading if you are unable to watch your trades all day.
Traders Way review
Traders Way Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
Traders Way review
Traders Way Trading Platform Features
Online trading platforms like Traders Way are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Traders Way. The Traders Way trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Traders Way.
Traders Way Margin Trading
Traders Way margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Traders Way margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
Traders Way Auto Trading
Traders Way auto trading is a trading strategy where buy and sell orders are automatically placed based on an underlying Traders Way system or programme and actioned by set criteria set by the Traders Way trader. These Traders Way orders are placed when the trade conditions in the underlying Traders Way system or program are met. It is a method of participating in financial markets by using Traders Way, which executes a pre-defined set of rules for both entering and exiting trades on Traders Way. If you are a Traders Way trader, you are able to use detailed Traders Way technical analysis with the setting of parameters for Traders Way one's positions. This includes orders to open Traders Way, trailing stops, and guaranteed stops.
Traders Way Social Trading
Traders Way social trading is a form of social trading that enables Traders Way traders or investors to copy and execute the strategies of their peers or more experienced traders on the Traders Way platform. Social trading on Traders Way allows you to communicate with other Traders Way investors in a Facebook-style social network manner. The main premise is that you are able to share and discuss potential Traders Way investment opportunities with traders on the Traders Way platform.
Traders Way Copy Trading
Copy trading with Traders Way allows users to copy trades executed by other Traders Way investors in the financial markets. The goal of copy trading is for a Traders Way trader to have the same positions as the Traders Way investor they are copying. When copying another Traders Way trader, you do not receive the plan of the traders Traders Way strategy, but simply follow their trades they execute on Traders Way. Traders Way copy trading is one way to automate your investment strategy. Copy trading trades on Traders Way must still be monitored and copy trading on Traders Way still has risk of trading loss.
Traders Way review
Traders Way Account Types
Traders Way Demo Account
Traders Way offers demo accounts that gives traders the ability to purchase and sell Traders Way financial instruments in a practice environment, using fake Traders Way digital money and live market conditions and data. When you practise on a Traders Way demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Traders Way platform. Traders Way demo accounts allow you to experience and practice a variety of market charts, Traders Way trading indicators, and trading strategies using Traders Way.
Traders Way Standard Account
Traders Way offers a standard trading account, allowing Traders Way traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Traders Way trading platform.
Traders Way ECN Account
A Traders Way ECN (Electronic Communications Network) account is a pure order-matching execution system, where Traders Way, as a provider, charges a commission per Traders Way trade instead of inflating the spread, occurring more naturally within the Traders Way order-matching process. A Traders Way ECN is a financial intermediary that uses electronic communications networks to give Traders Way clients direct access to other participants in equity and currency markets. As an ECN broker, Traders Way only matches Traders Way trades between other market participants; it cannot trade against the Traders Way client.
Traders Way Islamic Accounts
Traders Way islamic accounts respect Islamic finance law. Traders Way swap free accounts do not accumilate interest and Traders Way transactions are actioned immediately. A Traders Way Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using Traders Way following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with Traders Way Islamic accounts do not pay or receive interest rates.
Traders Way review
Traders Way Tradable Financial Instruments
Traders Way tradable financial instruments are the financial instruments that are specifically available to trade on the Traders Way trading platform. This refers to the different types of financial markets you can trade with through Traders Way. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Traders Way.
Name | Traders Way | IC Markets | Roboforex |
CFD Trading | Yes | Yes | Yes |
Stock Markets | No | 2100 | 53 |
ETFs | No | ||
Fractional Shares | No | Yes | |
Cryptocurrencies | No | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Traders Way review
Traders Way Trading Stocks
Stock trading with Traders Way is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Traders Way; if you possess the stock on Traders Way, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on Traders Way involves purchasing and selling stocks and share using Traders Way periodically in order to time trades against the stock markets, with the aim of using Traders Way to profit from your stock trading. Traders Way stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Traders Way. Stock traders on Traders Way conduct significant study, frequently dedicating several hours every day to market monitoring using Traders Way trading tools.
Traders Way review
Traders Way Trading ETFs
What Are ETFs
Traders Way does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
Traders Way does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
Traders Way review
Traders Way Trading Cryptocurrencies
Traders Way does not offer cryptocurrency trading.
Cryptocurrency trading is not offered by Traders Way, so you will need to find a Traders Way alternative that allows you to buy and sell the underlying cryptocurrency assets. Traders Way CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Traders Way alternative and make sure you undertand the risks fully before trading.
Traders Way review
Traders Way Forex Trading
Forex trading with Traders Way is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Traders Way. The main aim of Traders Way Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Traders Way. As a Traders Way Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Traders Way. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Traders Way. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Traders Way.
Traders Way review
Traders Way Commodities Trading
Commodity trading is a type of trading available on Traders Way where individuals or businesses buy and sell financial instruments using Traders Way related to commodities, such as metals or oil.
Traders Way review
Traders Way Options Trading
Traders Way options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Traders Way option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
Traders Way review
Traders Way Futures Trading
Futures trading with Traders Way is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Traders Way to facilitate the trade. A Traders Way futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Traders Way. Typically, futures contracts are traded on an exchange such as Traders Way; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Traders Way trader to the contract agrees to provide it.
Traders Way review
Traders Way Bonds Trading
Bonds trading on Traders Way is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Traders Way trader. Bonds can be bought and sold on Traders Way after they are issued. While some bonds are traded publicly through Traders Way, most trade over-the-counter between large broker-dealers like Traders Way acting on their clients' or their own behalf. Yield is therefore based on the Traders Way purchase price of the bond as well as the coupon.
Traders Way CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
Name | Traders Way | IC Markets | Roboforex |
Forex CFD | 61 | 35 | |
Index CFD | 25 | 30 | |
Stock CFD | 110 | 8400 | |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | No | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Traders Way review
Traders Way Trading Research Tools
Taking advantage of Traders Way trading research tools which are designed to help traders analyse potential investments using the Traders Way trading platform. Some Traders Way research tools include charts, technical analysis, and Traders Way trading indicators.
Traders Way Trading News
Traders can follow the markets and make wise investment decisions on Traders Way by using the news to help form a strategy when it comes to choosing investments. A Traders Way news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
Traders Way Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Traders Way economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
Traders Way Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Traders Way fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
Traders Way Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Traders Way are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
Traders Way portfolios
Trading portfolios are useful when trading with Traders Way.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A Traders Way trading portfolio is a traders collection of investments, which may include a variety of Traders Way financial instruments.
Traders Way review
Traders Way Payment Methods
A Traders Way payment method is required to fund your Traders Way trading account before placing a buy or sell order on a financial instrument.
When trading with Traders Way, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Traders Way do not have any control over.
Name | Traders Way | IC Markets | Roboforex |
Payment Methods | Bitcoin Payments, Credit Card, FasaPay, Mastercard, Neteller, Perfect Money, Skrill, Visa, Wire Transfer | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Traders Way review
Traders Way Withdrawl Methods
When trading with Traders Way at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Traders Way account balance. Traders Way may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your Traders Way account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
Traders Way Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Traders Way account.
Withdrawal requests can take up to three business days to be processed by Traders Way.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your Traders Way should arrive in less than 24 hours.
Traders Way review
Traders Way Customer Support
Customer support represents the resources within the Traders Way company that provides technical assistance to its customers after they use the Traders Way service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
Traders Way offer email, livechat, phone, customer support.
Traders Way Email Support
Traders Way offers email support.
Email support is a a convenient method of Traders Way customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Traders Way regarding your support request.
Traders Way Livechat Support
Traders Way offers livechat support.
Traders Way live chat support is a way for customers to obtain help from Traders Way through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
Traders Way Telephone Support
Traders Way offers telephone support.
Traders Way telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Traders Way call centre to give or take information.
Traders Way Average Support Response times
Contact Method | Average Response Time |
---|---|
Traders Way Live Chat | 4 minutes |
Traders Way Email | 6 hours |
Traders Way Phone | 5 minutes |
We tested the customer service response times of Traders Way on Monday, November 11, 2024.
Traders Way review
Traders Way Educational Resources
Traders Way educational resources are used throughout the Traders Way learning environment to help and assist with customer's development and learning of trading on Traders Way. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Traders Way trading tools. Educational resources like some of the resources available with Traders Way are a good as part of a wider set of educational guides and information from else where online.
Some of the Traders Way trading guides and information that we found useful included forex trading courses, market psychology webinars, platform tutorials, daily news.
Traders Way Trading Platform Tutorials
Traders Way offer a range of learning resources and tutorials and guides made available to registered Traders Way users. The Traders Way guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Traders Way users on basic trading principles.
Traders Way Trading Videos
Traders Way offer a selection of online trading videos.
Trading videos on Traders Way help new and even more experienced investors gain insights into Traders Way technical analysis tools and how the different financial markets work when trading on Traders Way.
Traders Way trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Traders Way training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Traders Way to trade live financial markets.
Traders Way Webinars
Traders Way offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Traders Way clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Traders Way trading platform.
Traders Way review
Traders Way Financial Regulation When Trading
Financial regulations on Traders Way protect consumers' investments. Regulations prevent financial fraud and limit the risks that Traders Way as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Traders Way financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is Traders Way Regulated?
Traders Way is regulated by Unregulated.
Traders Way is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Traders Way are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Traders Way investors, directly with financial regulators in your country.
Traders Way Regulatory Protection Limits
When registering with Traders Way you must check with regulatory body your Traders Way trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Traders Way account is over seen by. Traders Way client funds are stored in segregated 3rd party bank account in accordance with Traders Way financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
Traders Way Trading Signals
Traders Way does not offer trading signals in any form.Make sure you understand the risks of trading signals.
How does Traders Way make money?
Because Traders Way acts as an intermediary, Traders Way gets compensated on buy and sell transactions of financial instruments. As a result, Traders Way profit is determined by the volume and number of transactions. Traders Way earns revenue to fund their Traders Way platforms and wide range of trading services through market spreads.
Can you buy shares on Traders Way?
Traders Way does not provide customers with real company shares trading. Traders Way offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and Traders Way on the speculative up or down price movement on an agreed stocks price movement.
Does Traders Way offer Cryptocurrency?
Traders Way does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.
Traders Way Lower fees, lower costs?
Traders Way have reasonable trading fees and costs. Traders Way do not charge a deposit fee. Traders Way may charge a withdrawal fee. Some withdrawal fees are out of the control of Traders Way and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
Traders Way minimum deposit is 10 USD / GBP / EUR.
How to start your Traders Way account?
You can sign up for a live or demo Traders Way trading account by visiting Traders Way and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Traders Way account here.
How's the Traders Way trading app?
Traders Way allow traders to trade financial markets on iOS, Android supported mobile devices.
You can tryout the Traders Way trading app here. Your capital is at risk
Is the quality of Traders Way customer service satisfactory?
Traders Way have average customer support offering support through email, livechat, phone, support options.
Is this broker good for new traders?
Traders Way is a good trading platform for new traders as Traders Way offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from Traders Way?
Traders Way offer a good selection of withdrawal options. Once Traders Way have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best Traders Way Alternatives Reviews
If Traders Way isnt quite what you are looking for you can check out some of the best Traders Way alternatives below.
- IC Markets Review (read our in depth 2024 review)
- Roboforex Review (read our in depth 2024 review)
- AvaTrade Review (read our in depth 2024 review)
Best Traders Way Alternatives In Detail
If you would like to see Traders Way compared agains some of the best Traders Way alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)