Tradersway offers four different account types – MT4 VAR Account MT4 ECN Account as well as the MT5 ECN Account and CT ECN Accounts. Four trading platforms are on offer with mobile applications to use.
Tradersway at a glance
| Broker's Name | TradersWay |
| 🏛️ Headquarters | Dominica |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | None |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | No |
| 👨🏼💼 Managed Accounts | No |
| ⬆️ Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | $10 |
| 💳 Deposit Options | Bank Wire Transfer Credit/Debit Cards Neteller Skrill Crypto, and more |
| 💳 Withdrawal Options | Bank Wire Transfer Credit/Debit Cards Neteller Skrill Crypto, and more |
| 📊 Platform Types | cTrader, MetaTrader 4, MetaTrader 5 |
| 📶 OS Compatibility | Web browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPads |
| 📈 Tradable assets offered | Forex, metals, energies, cryptocurrencies |
| 💬 Languages supported on Website | 11 Languages supported |
| 💬 Customer Support Languages | 11 Languages supported |
| ⏲️ Customer Service Hours | 24 hours/5 days a week |
| 📌 Open an account | Click Here |
Min Deposit
USD 10
Regulators
Not Regulated
Trading Platform
MT4, MT5, cTrader
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Tradersway Account Types Revealed – 11 Key Point Quick Overview
- ✅Tradersway at a glance
- ✅Tradersway Overview
- ✅Tradersway Account Types
- Tradersway Account Features
- How to Open a Tradersway Trading Account – Step by Step
- Tradersway Demo Account
- The Tradersway Islamic Account
- Tradersway Pros and Cons
- Tradersway Customer Reviews
- Conclusion
- Frequently Asked Questions
Tradersway Overview
Tradersway is a forex broker in Dominica, which aims to provide traders with the widest trading opportunities available on the financial markets. Tradersway provides all types of traders the experience of a wide range of trading tools, tradable products, and good trading conditions.
Tradersway’s minimum deposit is only $10, which is equivalent to 170 ZAR. Tradersway also provides practice accounts to help you get started before opening a live Forex account. Depositing and withdrawing money is quite simple and quick. additionally, Tradersway offers four account types – MICRO and ECN Standard accounts with fixed (FIX) and variable (VAR) spread as well as four trading platforms – MetaTrader 4, MetaTrader 5, WebTrader and Mobile applications, to use.
Five classes of market instruments can be traded: FOREX, Stock indices, Metals, Energies, and Commodities. Trader’s Way is a no-dealing desk/STP Forex broker which provides traders with a range of interesting trading opportunities. When signing up with Tradersway, a client can claim a deposit bonus, although this is the only promotion offered.
All in all, Tradersway is not properly regulated especially since the broker also does not require any documentation to open an account. Tradersway offers both fixed and variable spreads on their standard accounts and offers ECN and micro account options.
Tradersway Account Types
Altogether, Tradersway offers its clients 4 different account types – Standard accounts and ECN accounts on both MT4, MT5, and cTrader platforms as well as the option to open an Islamic Account. No minimum deposit is required to open, a trader can start with as little as $10/170 ZAR.
Tradersway Account Features
MT4 VAR Account
The Trader’s Way MT4.VAR. the account is a unique account on the MetaTrader 4 trading platform that combines some of the best features of real-market ECN trading with tight floating spreads and no-commission standard account trading with a small initial deposit
| ▶ Low variable spreads |
| ▶ No minimimum initial deposit |
| ▶ maximum order size 0.1 lots |
| ▶ Maximum leverage - 1:1000 |
| ▶ MetaTrader 4, MetaTrader4 Mobile |
| 👉 Click Here 👈 |
|---|
ECN MT4 Accounts
The advantage of the ECN (Electronic Communication Network) accounts is an electronic transaction system of purchase and sale created to eliminate intermediaries from the trading process and connects brokers and traders directly. The ECN system is similar to a stock exchange, but allows traders to make transactions themselves, with the following advantages:
| ▶ Tight spreads, from 0 pips |
| ▶ Minimum initial deposit - 10 USD |
| ▶ Minimum order size – 0.01 standard lot (1000 units) |
| ▶ Maximum leverage – 1:1000 |
| ▶ MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Web |
| 👉 Click Here 👈 |
|---|
MT5 ECN Account
The Trader’s Way MT5.ECN. the account is a unique account that provides you with direct access to the interbank market through the MetaTrader 5 platform, the next-generation trading terminal, and the successor of MetaTrader 4, providing traders with access to a range of financial markets, such as Forex, CFD, Futures, and Cryptocurrencies.
| ▶ Spreads from 0 pips |
| ▶ Minimum deposit of 10 USD |
| ▶ Minimum trade size – 0.01 standard lot (1000 units) |
| ▶ Maximum leverage – 1:1000 |
| ▶ MetaTrader 5 and MetaTrader 5 Mobile platforms available |
| 👉 Click Here 👈 |
|---|
CT ECN Account
The Trader’s Way CT.ECN. the account is a unique account that provides you with direct access to the interbank market through the most innovative, user-friendly cTrader trading platform, designed especially for STP/ECN trading.
| ▶ Tight spreads, from 0 pips |
| ▶ Minimum initial deposit - 50 USD |
| ▶ Minimum order size – 0.01 standard lot (1000 units) |
| ▶ Maximum leverage – 1:500 |
| ▶ cTrader, cTrader Web, cTrader Mobile |
| 👉 Click Here 👈 |
|---|
How to Open a Tradersway Trading Account – Step by Step
Follow these steps to open a Tradersway Trading account:
Step 1 – Go to the Tradersway official website
Click on the Private Office button at the top of the landing page.
Step 2 –Tradersway Private Office
Select new account registration and click on “open account now” to begin the Tradersway account registration process.
Step 3 –Tradersway Account Registration
You will be redirected to an online registration page. Provide your details, including your full name, email address, and country of residence
Step 4 – Select Account Type and currency
To complete the registration process select the type of Tradersway trading account you would like to open as well as the desired currency of trade.
Click on “Open Account Now” to successfully register the Tradersway account and recieve the log in details.
Step 5 – Recieve your Tradersway log-in details.
Tradersway Demo Account
Tradersway demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
| Tradersway Demo Account | 100% Risk - 🆓 |
| Maximum leverage – 1:1000 | |
| All account types | |
| Open an account | 👉 Click Here |
The Tradersway Islamic Account
Tradersway does offer traders who follow the Sharia law the option of an Islamic Account. Often an Islamic account is provided as an option where traders can convert their live trading account to an Islamic Account, or in other cases, it is a standalone account with a separate application procedure. The Tradersway Islamic Account offers traders access to the same trading instruments and platform features as traders with the other accounts.
| ▶ Interest is not charged on contracts that are held for more than 24-hours |
| ▶ Accounts are activated with a required minimum deposit |
| ▶ Some specific restrictions and limits may apply to the Islamic Account |
| ▶ Traders have access to Expert Advisors, which allow for automated trading |
| ▶ Direct execution of trades |
| ▶ Accounts are activated with a minimum deposit requirement as stipulated by the broker |
| 👉 Click Here 👈 |
Interest is not charged on contracts that are held for more than 24 hours. Traders also have access to Expert Advisors, which allow for automated trading. The broker offers an Islamic Account only to Muslim traders who follow the Sharia law. Traders must, however, take note that there are certain features indicated on the Islamic account which may differ vastly from the other individual account types, such as minimum deposits, spreads, and more.
Traders who are interested in registering for an Islamic account must contact the broker’s customer support team to verify the availability and current conditions of such an account as conditions may have changed from the time of writing.
Tradersway Pros and Cons
| ✔️ PROS | ❌ CONS |
| A demo account can be opened | Limited account types provided |
| ECN and STP accounts are available | Not properly regulated |
| Swap-free or Islamic accounts can be opened | |
| Well-known trading platforms provided |
Tradersway Customer Reviews
Good Broker
Tradersway is a good FX broker.. good job ..100% Recommended! – Tammy
Tradersway website
All in all, Tradersway’s website is easily accessible and user-friendly, also any minor issue I had was eventually resolved…. – Erin
Tradersway Affiliate Program
I enjoy the opportunities to earn an income through IB programs offered by forex brokers, Check it out! – Su
You might also like: Tradersway Review
You might also like: Tradersway Demo Account
You might also like: Tradersway Sign Up Bonus
You might also like: Tradersway Fees and Spreads
You might also like: Tradersway Minimum Deposit
You might also like: Tradersway Islamic Account
Min Deposit
USD 10
Regulators
Not Regulated
Trading Platform
MT4, MT5, cTrader
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Although unregulated, TradersWay offers trading conditions that set it apart from its peers with low trading and non-trading fees along with a variety of accounts that cater for various traders despite their knowledge, skill, and experience. TradersWay caters to both beginner and more experienced traders in its comprehensive offering in addition to providing adequate education and research to aid traders in improving their trading skills and knowledge.
TradersWay provides access to four of the largest financial markets through its offering and provides access to three of the most powerful trading platforms through which trades can be executed, and trading skills improved with an array of features.
Despite the trading conditions and claims that it is a legitimate broker, TradersWay does not offer traders guarantees pertaining to client fund security and traders still need to proceed with caution when dealing with unregulated brokers.
Frequently Asked Questions
Can traders from South Africa open a Tradersway trading account?
Yes. Tradersway is accessible to traders in South Africa who want to open an account with the broker
Does Tradersway offer ZAR accounts?
No, Tradersway does not offer accounts in ZAR, payments can be made in different currencies whereby conversion fees may apply.
How many instruments can I trade with Tradersway?
You can trade several different instruments with Tradersway, which include the following:
- Currencies: more than 45
- Cryptocurrencies: more than 5, including Bitcoin, Litecoin and Ethereum
- CFDs: More than 5, including Gold, Silver, Stock Indexes, Oil, and Other Commodities
Does Tradersway offer leverage?
Yes, Tradersway offers maximum leverage of up to 1: 1000.
Are there any apps available for a Tradersway trading account?
Tradersway offers apps on various of its platforms such as MT4 and MT5 platforms.
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