Profile of Traders Way with Features, Ratings, Reviews, News, and More
Is Traders Way the right broker for you? Check their profile, features, ratings, reviews, comparisons, and more.
Traders Way is a prime online CFD and Forex broker. The name of this broker was chosen with an intention of ensuring that the traders get to choose from the widest possible range of available opportunities. Thus, traders can have it their way thanks to the ample amount of choices offered by Traders Way. One can locate everything required for trading sans limitations and boundaries with this broker.
True to its mission of providing an ample amount of trading opportunities to traders, this broker offers five different markets to its traders. These are Foreign Exchange market, stock indices market, commodities market, energies market and metals market.
Accounts and Conditions
Just like the markets covered, Traders Way offers a variety of account types to their traders too. One can choose from five different types of accounts - cTrader ECN account, MetaTrader ECN account, Micro account, Standard account with fixed spreads and Standard account with variable spreads. The accounts can also be made in Islamic or swap-free accounts.
Opening an Account
Signing up for an account with Traders Way is really easy. One should first decide whether one wants to go for the live account or the demo version which is available free of cost. Since there is no requirement of submission of any documentation for opening an account therefore this cuts down a lot of time since one just has to fill the registration form. Documentation would be required at the time of making deposits or withdrawal.
The funding options offered by Traders Way are funding via credit card, WebMoney or Liberty Reserve and the good old wire transfer funding. As for the currency to be used for funding, the website acknowledges base currencies like EUR and USD.
Staying true to its slogan which says 'Maximum trading. Maximum freedom.', Traders Way offers four different trading platforms. Traders can choose from the renowned MetaTrader4, Web Trader (which is less complex than MT4), a mobile trader and cTrader, which is a new trading platform developed for ECN trading.
Tools and Research
QuickDeal is a trading tool offered by Traders Way that has managed to garner a lot of appreciation from people. This one-click trading tool is brimming with useful features like displaying break-even price, current net volume, profit or loss and so on which make the task of trading much more convenient and fast. Not staying behind on the trend of automated trading tool, Traders Way offers cAIgo, a tool used for providing automated trading that is reliable and powerful at the same time. Other tools include FxStat (an innovative service that monitors the trader's account), Tradeo (social trading platform that connects brokers and traders from different parts of the world) and FxWire (a real-time newsfeed service for Forex users).
Through its website, the broker offers a wealth of information for those who are new to trading. There is a section on its official website called 'New to the Market' which allows the clients of Traders Way to have access to maximum information and content before jumping into the world of online trading. This section contains CFD basics, Forex basics, instructions on how to trade in these instruments, advantages of such trading and risks involved.
Traders can contact the customer support department of Traders Way via phone, live chat or email. There is a separate email ID for those who have queries regarding new accounts, those seeking general customer service and those looking for technical support.
What Makes Traders Way Different?
There is no reason why Traders Way is just like any other trader or brokerage company online because there are so many features that sets it apart from the crowd. One of the primary factors of distinction between Traders Way and other brokerage companies is the sheer amount of trading options offered by the former. Apart from this, Traders Way offers no restriction on trades and is extremely accurate in case of prices.
Last update: 2/11/2013 by brokersWiki editors.
★ Ratings and Reviews ★
|RATINGS AND REVIEWS BY PROS|
|RATINGS AND REVIEWS BY EXTERNAL RESOURCES|
|RATINGS AND REVIEWS BY brokers WIKI USERS|
Latest news published by the broker (max. 10 recent announcements):
55% Deposit Bonus
Date: 1/31/2013 | By: Admin | Source: Click here... | Views: 79
New clients, registering a MICRO account with the company and depositing money, receive an up to 55% bonus on the INITIAL deposit and a 20% bonus on all subsequent deposits. More
Try Best MT4 ECN from $10 ONLY!
Date: 1/31/2013 | By: Admin | Source: Click here... | Views: 78
You need to deposit only 10 USD, the amount usually associated with minimum level for micro accounts, to start trading on an MT4 ECN account with full access to interbank market. More
20% All Deposits Bonus
Date: 9/12/2012 | By: Broker | Source: Click here... | Views: 126
Make a deposit and receive 20% bonus. Trader's Way widens your trading opportunities providing you with a 20% bonus on All your deposits. You only need to make a deposit, send us a letter and the bonus will be credited to your trading account. More
Quick Comment and Share