All Share (J203) = 89 573
Rand / Dollar = 18.34
Rand / Pound = 23.76
Rand / Euro = 19.86
Gold (usd/oz) = 3 078.83
Platinum (usd/oz) = 983.13
Brent (usd/barrel) = 72.77
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Tradersway Fees and spreads

Tradersway Fees & Spreads

 

Tradersway spreads on EUR/USD start from 0.1 pips. Tradersway does not charge deposit fees or withdrawal fees. Spreads that traders can expect on the company’s spread list vary according to the account type chosen.

 

Tradersway at a glance

Broker's NameTradersWay
🏛️ HeadquartersDominica
📅 Year Founded2011
⚖️ Regulating AuthoritiesNone
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Yes
📒 Demo AccountYes
✴️ Institutional AccountsNo
👨🏼‍💼 Managed AccountsNo
⬆️ Maximum Leverage1:1000
💰 Minimum Deposit$10
💳 Deposit OptionsBank Wire Transfer
Credit/Debit Cards
Neteller
Skrill
Crypto, and more
💳 Withdrawal OptionsBank Wire Transfer
Credit/Debit Cards
Neteller
Skrill
Crypto, and more
📊 Platform TypescTrader, MetaTrader 4, MetaTrader 5
📶 OS CompatibilityWeb browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPads
📈 Tradable assets offeredForex, metals, energies, cryptocurrencies
💬 Languages supported on Website11 Languages supported
💬 Customer Support Languages11 Languages supported
⏲️ Customer Service Hours24 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 Fees, Spreads, and Commission Revealed –  8 Key Point Quick Overview

  1. Tradersway at a glance
  2. Tradersway Fees and Spreads
  3. Tradersway Additional Trading Fees
  4. Tradersway Broker Fees
  5. Tradersway Pros and Cons
  6. Tradersway Customer Reviews
  7. Conclusion
  8. Frequently Asked Questions

 

Tradersway Fees and Spreads

 

Tradersway Fees and Spreads

 

Tradersway spreads on EUR/USD start from 0.1 pips. The company’s spread list when trading with Tradersway is:

☑ Transparency - precise and fast quotations are received directly from various sources.
☑ Low spreads - access to liquidity allow the broker to establish minimum spreads for trading on any account.
☑ Offers accounts with fixed spreads or with floating spreads.
☑ Trade commissions are low and applied differently on accounts. If you trade on a standard account, the commission is already included in the spread and no more fees are charged.
☑ Excellent margin trading conditions for all types of accounts allowed.
☑ Maximum leverage of 1:1000 allowed on both the Standard accounts and ECN accounts.

 

Tradersway does not charge any additional commissions for the MT4.VAR accounts. For these types of accounts, all commissions are already included in the spread although these accounts have similar conditions. For ECN accounts the spreads are minimal, but the commission will be charged separately, with the breakdown of commission rates available in the Trading Conditions section on the website.

 

Tradersway Low Commission

 

To calculate the commission, you need to calculate your deal volume in US dollars, divide it by 100,000 and multiply by the commission fee. Typical spreads are:

▶ EUR/USD: 0.1

▶ GBP/USD: 1.3

▶ USD/CHF: 0.7

▶ USD/JPY: 0.8

 

Tradersway Additional Trading Fees

 

When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day. Tradersway does provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest when holding open positions.

 

The Tradersway support team can be contacted to find out whether spread betting is allowed and what spread betting fees could apply.

 

Tradersway Broker Fees

 

Deposit Fees ❌ Not Charged
withdrawal Fees ❌ Not Charged

 

Tradersway does not charge deposit fees or withdrawal fees, but traders need to verify what additional charges may be waived by their financial institution. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees.

 

Tradersway Pros and Cons

 

✔️ PROS❌ CONS
Competitive trading conditions offeredNot properly regulated
Islamic or Swap-free Account provided Commissions charged on ECN accounts
The Demo account gives full access to MetaTrader 4

 

Tradersway Customer Reviews

 

Good Broker

Tradersway is a good FX broker.. good job ..100% Recommended! – Tammy

IG 5 Star Review

Tradersway website 

Tradersway’s website is easily accessible and user-friendly, also any minor issue I had was eventually resolved…. – Erin

IG 4 Star Review

Tradersway Affiliate Program

I enjoy the opportunities to earn an income through IB programs offered by forex brokers, Check it out! – Su

IG 3 Star Review

 

You might also like: Tradersway Review

You might also like: Tradersway Account Types

You might also like: Tradersway Sign Up Bonus

You might also like: Tradersway Demo Account

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.

 

Contact Tradersway

 

Frequently Asked Questions

 

 

Does Tradersway offer fixed or floating spreads?

 

Tradersway offer trading accounts with fixed or with floating spreads.

 

Is Tradersway a good low – commission broker?

 

Yes, but trade commissions are very low. If you trade on a standard account, the commission is already included in the spread and there are no other fees.

 

Does spread betting costs apply to Tradersway?

 

Tradersway does not offer spread betting, therefore fees do not apply

 

Does Tradersway charge overnight fees?

 

Tradersway does not list any chargers involved with the overnight fees on the website.

 

Will I have to pay any deposit and withdrawal fees with Tradersway?

 

Our research revealed no deposit and withdrawal fees being charged by Tradersway

 

4.7/5 - (21 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 1, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0