Traders Way is one of the many online brokers offering various trading tools. These include a demo account, 24-hour customer service, and e-payment. However, this broker is not regulated. However, this is probably not the right one for you if you are looking for a regulated broker. If you are considering registering with Traders Way, here are some essential facts.
Table of Contents
Traders Way is not a regulated broker.
Although Traders Way is a legitimate broker, it is unregulated. The company is based in the Commonwealth of Dominica and has a company number of 15690. In 2016, TradersWay was served with a cease and desist order in Missouri after the company’s website made misleading claims. It is, therefore, illegal to use its services in Missouri.
In addition to low trading and non-trading fees, TradersWay offers multiple account types for both beginners and experienced traders. In addition, the broker offers research and education and access to the four largest financial markets and three of the most powerful trading platforms.
Traders Way offers a free demo account.
Demo accounts are a popular way to try out a broker before you commit any money. They give you virtual funds to practice trading with and a chance to explore their services’ full scope before investing in real money. They are an excellent tool for beginners who want to familiarize themselves with the natural trading environment and for more experienced traders who want to test their strategies before making a significant investment.
Traders Way offers a demo account free of charge, which lets you try out the various trading features of the broker without having to deposit any money. The brokerage is based in Dominica and offers over 50 instruments across its three leading desktop platforms. In addition to demo accounts, Traders Way offers a variety of trading opportunities and advanced technologies.
Traders Way offers 24/5 customer support.
Traders Way is a reliable Forex broker with a 24-hour live support service and a wealth of customer support tools. The brokers are registered in the Commonwealth of Dominica and operate as TW Corp. with a company registration number of 15690. However, the broker has been criticized for misleading investors in the US with their website. This is why it is essential to verify any trading company before you use it.
Traders Way offers a wide range of trading assets, including forex and indices. Its flexible account types are designed to meet the needs of traders of all experience levels. Three major trading platforms are available for its clients: cTrader, MetaTrader 4, and ECN. You can start trading with as little as a few dollars and leverage up to 1:1000. The broker also offers an ECN account that gives you unfettered access to interbank liquidity.
Traders Way accepts e-payment
Traders Way accepts payments through e-payment methods such as Visa and MasterCard. Depending on your account type, you can deposit as little as $100 to start trading. However, if you choose to deposit more than $100, you will need to make an additional deposit of at least $45 to cover the bank transfer fee.
Traders Way also accepts Bitcoin for deposit and withdrawal. Bitcoin is a digital currency that is traded for real money. It can also be traded for other electronic currencies. To make deposits using Bitcoin, you must register with a Bitcoin exchange such as Coinbase.
Traders Way provides a range of account types for MT4 trading. These include variable spread pricing accounts, fixed spread accounts, and crypto accounts. Traders Way also offers MT5, and CT ECN accounts for cTrader. The micro account is ideal for beginners and offers high leverage of up to 1000:1.
Traders Way accepts local transfers.
Traders Way offers a variety of ways to deposit and withdraw funds. In addition to local transfer, it accepts payments made through PayTM, Immediate Payment System, and the Unified Payments Interface. Traders Way also offers generous bonuses, like 100% bonus credit, that doubles your trading funds.
Traders Way is a leading online forex and CFD broker with multiple types of accounts and advanced trading technologies. The company strives to provide its clients with the most convenient and accessible trading environment and responsive customer service. Its Moneybookers payment service is one of the most popular in the world, and clients in 40 countries can use Moneybookers to deposit and withdraw funds.