TradersWay Review 2020

TradersWay Review 2020
Davis J.
Robertson A.
March 2021

41

Position
in rating

Trading terminals:

MT4 MT5
cTrader
41

Position in rating

6.65/10
Overall rating

Trading terminals:

MT4 MT5
cTrader

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of Trader’s Way Trading Company

Trader’s Way was established by a group of financial experts and analysts to provide trading opportunities to traders across the globe. Throughout its operation, the broker has been continuously improving the services and technologies it provides, adding new platforms, useful applications, and available social trading platforms. Trader’s Way aspires to meet the trading demands of both active Forex traders and passive investors with various amounts of free equity.

💰 Account currency: EUR, USD, GBP, and CAD
🚀 Minimum deposit: $10
⚖️ Leverage: Up to 1:1000
💱 Spread: From 0.0 pips on ECN accounts, from 0.7 pips on standard accounts
🔧 Instruments: Forex, metals (gold, silver), energies (oil, gas), cryptocurrencies
💹 Margin call/Stop Out: Not specified /40%
Attention!

We work only with the accounts via the Traders Union website.

👍 Advantages of trading with Trader’s Way:

  • Optimal trading conditions for experienced and professional traders: tight spreads and low trading commissions per lot on ECN accounts.
  • No trading limitations: hedging, scalping, and use of algorithmic advisors are allowed.
  • Availability of several social trading platforms for copying trades of successful traders.

👎 Disadvantages of Trader’s Way:

  • No cent (micro) accounts.
  • Investment in PAMM, MAM, and RAMM accounts is not available.
  • Complicated verification process: a new user must provide a certified translation of documents into English.
  • The broker does not provide its own analytics to its customers.
  • There are no Russian-speaking operators on the online chat.

Overall

Conditions of Trader’s Way are mostly suitable for professional traders and passive investors, who use social trading platforms to earn profits.

Visit Trader’s Way

Geographic Distribution of Trader’s Way Traders

TradersWay Latest Comments for 2021

5
6
9

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Trader’s Way published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I have a twofold attitude towards Trader's Way in terms of work experience. On the one hand, the lack of a license is very annoying. In the beginning, I was very worried about whether the money would be withdrawn. I dodged a bullet, the withdrawal was successful. But on the other hand, the broker tries hard to promptly execute all my trades. Also, I did not notice any failures in trading. Plus, you can scalp, hedge, and use advisors for algorithmic trading. There are no opportunities for passive earnings, but there is a platform for social trading. You can also earn money with it by copying the deals of successful traders.

Trader's Way are scammers! I compared the negative reviews with my own history - a similar scenario. One thing is clear - very good psychologists work here and drain investors. They have no conscience at all! I advise you to run away from them, and whoever has money here - withdraw it immediately! If, of course, you are allowed to do it ...

You can rely on Trader's Way. For six months of cooperation, the company has never failed with payments. I haven't withdrawn large sums yet, I have withdrawn only $500-1000. There were no problems. According to the regulations, within 48 hours, the withdrawal request was processed and the funds were promptly sent to the electronic wallet. I want to join an affiliate network to earn more from referrals. My friend has been cooperating with Trader’s Way for a long time. He says that he receives up to $800 a month.

I have faced different reviews about Trader's Way, but there are no complaints that the company is welshing! This speaks in favor of the broker that became an ace in my hand to try to cooperate with it. All the terminals (mobile, website, and desktop) work without technical failures and Trader's Way offers many tools to choose from. I am a conservative at heart, so I prefer trading base currencies more. I doubled my deposit in a couple of months. The only thing that bothered me was that when withdrawing a large amount, the company requested additional documents. I talked to the support and realized that this is a normal practice here, aimed at preventing financial fraud. I provided everything that was demanded, and after a couple of days, I received a profit on the card. It is running well, I continue to trade here!

I wanted to cooperate with Trader’s Way, but so far I limited myself to trading on a demo account. In principle, everything is fine. I did not notice any slippage and the execution of trades is almost instantaneous. If it is like this on a real account, then everything is good. The drawback that stops me from cooperating with Trader's Way is the lack of protection against negative balance. There are no segregated accounts either, and the company itself operates without proper regulation. So, I must rely solely on its honesty. I'm not sure if I want to risk my money.

Scam! I got 1000 $ on my trading account, on the same day 800 dollars disappeared somewhere! And the broker said that he would help restore the money if I deposit the same amount into the account. I fell for it. The situation repeated itself! $ 200 is available for withdrawal. I am very sorry that I contacted this office, it would be better if I spent this money on charity!

Trader's Way does not withdraw money. I believe that this is quite enough to add up the opinion about the broker. It makes no sense to talk about trading if you don't see the money anyway. Be careful when choosing a brokerage company!

2 3 >

Video Review of Trader’s Way

Expert Review of Trader’s Way

From the very beginning, Trader’s Way (TradersWay.com) has aspired to provide better products, technologies, and services to its customers. The broker offers a wide range of trading instruments, minimum deposits that are affordable to any trader, and high leverage. The broker’s customers have access to currency pairs, metals, and energies using the most popular platforms — MetaTrader 4, MetaTrader 5, and cTrader.

Trader’s Way offers beneficial conditions primarily to professional traders. The ECN account provides access to working directly on the interbank exchange with popular assets and tight market spreads. Beginners on Forex can copy trades of experienced traders using the available social trading platforms. At the same time, due to several drawbacks (the absence of cent accounts and education materials), the broker cannot be considered the best option for novice traders.

The company’s website has been localized in 11 languages, but we recommend using the English version, not the Russian one. The information about trading conditions in Russian is outdated: some data about the accounts and services do not correspond to reality. However, the operators of the online chat quickly clear up any inconsistencies (the response time is 3-5 minutes).

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of the Forex Broker

6.65

Overall rating

6.44

/10

Execution of orders

6.86

/10

Investment instruments

6.5

/10

Withdrawal speed

6.8

/10

Customer Support work

6.28

/10

Variety of instruments

7.02

/10

Trading platform

Dynamics of the Popularity of Trader’s Way
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mär.
Apr.
Mai.
Jun.
Jul.
Aug.
Sep.
Okt.
Nov.
Dez.

Investment Programs, Available Markets, and Products of the Broker

Trader’s Way aims at working both with active traders and passive investors. The broker provides access to several social trading platforms. Using the cMirror application for the cTrader platform, the broker’s customers can mirror (copy) traders or become signal providers. Traders can also copy trades of other traders using MT4 Trading Signals, a social trading service built into MT4.

FxStat auto trading is an innovative copy trading platform

In addition to cMirror and Trading Signals, TradersWay.com customers can use FxStat auto trading platform. It provides investors with the possibility to create a diversified portfolio and fully control the account from any device. FxStat offers strategies only from the traders with live accounts and real money. Using the platform, investors can monitor the profitability of suppliers’ traders, analyze their signals and execute the signals in real-time in their accounts.

  • The investor can manage risks independently: users can set auto trading with a fixed volume or a certain ratio.

  • The auto trading service also features an economic calendar, news, email notifications on each event, including each opened and closed order. Daily, weekly, and monthly trading reports on each account are available.

  • Signal subscribers fully control their trading accounts and receive data streams on open positions in real-time.

  • An investor can create a portfolio of the most effective currencies, copy an unlimited number of traders, and trade with one click.

Trader’s Way provides several advanced social trading platforms. All of the broker’s customers can use the copy trading services for passive income. Investors with little trading experience and a desire to trade without regular market analysis can earn profit by copying trades of successful traders. Likewise, experienced traders with successful strategies can earn profit by providing their own trading signals to investors.

Important!

If you are a large investor and plan on investments over $10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

TradersWay affiliate program

  • Agent - the bonus for trading on MT4.ECN, MT5.ECN accounts is 25% of the brokerage commission of the involved trader; on МТ4.VAR it’s 0.3 pips (for currency pairs) and 0.004% (for other trading instruments);

  • Introducing Broker (IB) - individual conditions of partnership and professional support from specialists of the partnership department;

  • White Label - work on one’s own brand with the use of the latest technologies and the business model of Trader’s Way.

Trader’s Way partners can earn passive income for attracting new customers. The bonus is a part of the broker’s commission, which the referrals pay the company for rendering Forex services.

Rebate and Discount Programs of the Traders Union for Trader’s Way

All traders, who registered with Traders Union and then opened an account with the broker using the Union’s referral link, receive a rebate (part of spread/commission). Rebates based on the spread are accrued regardless of the results of the trades. The rebate on Trader’s Way is available only to the broker’s customers who opened their accounts via the Union’s website. If the account was opened otherwise, compensation on the spread is not available.

Try it!  Try it!

Trading Conditions for Trader’s Way Users

Trader’s Way works with traders with any level of trading experience, offering a wide variety of live accounts. The entry threshold on all account types is low, with the minimum deposit set at $10. The spread on professional accounts starts from 0.0 pips; Standard accounts start from 0.7 pips. For EUR/USD, the average spread is 0.5 pips (on MT4.ECN, MT5.ECN, CT.ECN) and 1.4 pips (on МТ4.VAR). There is a commission per lot on ECN accounts.

$10

Minimum
deposit

1:1000

Leverage

24/7

Support

MT4 MT5
cTrader
💻 Trading platform: МТ4, МТ5, and cTrader
📊 Accounts: Demo, МТ4.VAR, MT4.ECN, MT5.ECN, and CT.ECN
💰 Account currency: EUR, USD, GBP, and CAD
💵 Replenishment/Withdrawal: Deposits: wire transfer, credit/debit cards via Vload and Instacoins, Perfect Money, Skrill, Neteller, Topchange, Bitcoin, Bitcoin Cash, Litecoin, Ether, US$Coin (USDC), and Tether (USDT) Withdrawals: internal transfer, Perfect Money, Skrill, Neteller, Topchange, FasaPay, Bitcoin, Litecoin, and Ether
🚀 Minimum deposit: $10
⚖️ Leverage: Up to 1:1000
💼 PAMM-accounts: No
📈️ Min Order: 0.01 lot
💱 Spread: From 0.0 pips on ECN accounts, from 0.7 pips on standard accounts
🔧 Instruments: Forex, metals (gold, silver), energies (oil, gas), cryptocurrencies
💹 Margin call/Stop Out: Not specified /40%
🏛 Liquidity provider: No specified
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market execution
⭐ Trading features: NDD/STP
🎁 Contests and bonuses: 100% bonus on the first deposit

Comparison of Trader’s Way with other Brokers

Trader’s Way FxPro XM Group Admiral Markets UK AvaTrade eToro
Trading
platform
cTrader, MetaTrader4, Web App, MetaTrader5 MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MobileTrading, WebTrader
Min deposit No $100 $5 $200 $100 $200
Leverage From 1:1
to 1:1000
From 1:1
to 1:200
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:2
to 1:30
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 2 points
Level of margin call
/ stop out
80%  /  20% 50%  /  50% 100%  /  50% 100%  /  30% 25%  /  10% No
Execution of orders NDD, STP Market Execution, Instant Execution Market Execution Market Execution Instant Execution Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes No

Broker comparison table of trading instruments

Trader’s Way FxPro XM Group Admiral Markets UK AvaTrade eToro
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto Yes Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes No Yes Yes Yes Yes Yes
Stock No Yes Yes Yes Yes Yes
ETF No No No Yes No Yes
Options No Yes No No No Yes

Trader’s Way Commissions & Fees

Information

Experts of the Traders Union analytical department closely reviewed the trading conditions of Trader’s Way to reveal all types of commissions and their sizes. The broker does not charge a withdrawal fee for trading Forex instruments but instead charges trading fees: spread (on all accounts) and commission per lot (only on ECN accounts). The information about the withdrawal fees of payment systems is not available on the company’s website.

Account type Spread (minimum value) Withdrawal commission
МТ4.VAR from $7 No
MT4.ECN from $1 No
MT5.ECN from $1 No
CT.ECN from $1 No

The broker charges swaps (a commission for rollover of the position to the following day). Our analysts also compared the trading commissions of TradersWay.com with those of other Forex brokers. Depending on the size of the average spread (on all trading accounts), each broker was assigned a level from low to high.

Broker Average commission Level
Trader’s Way $2.5 Low
FxPro $13.2 High
XM Group $6 Medium
Trader’s Way
$2.5
FxPro
$13.2
XM Group
$6
Conclusion

Theoretically, Trader’s Way offers low spreads but based on conditions of the real market they may expand by several points.

Detailed Review of TradersWay

Trader’s Way adheres to the principle “Maximum Trading with Maximum Opportunities” and “Maximum Freedom”. The broker’s customers are given access to popular trading assets and three platforms to trade comfortably at any place and on any device. Trader’s Way provides services for optimizing active trading and also offers an opportunity to earn profits on passive investment using auto trading platforms.

Several interesting figures about Trader’s Way testifying to the growth and progress of the company:

  • The broker provides access to four types of trading instruments: Forex, metals, energies, cryptocurrencies.

  • The broker offers three popular trading platforms.

  • The company’s website is localized in 11 languages.

Trader’s Way is a broker for active trading and passive investment

Trader’s Way offers beneficial conditions to traders with any level of trading experience. The minimum deposit is US$10, which allows any trader to test the broker’s conditions, although they are more designed to suit professional traders. Trader’s Way operates based on ECN/STP technology, which processes trading orders directly (without the involvement of the broker), which increases the speed and quality of order execution. The traders can also perform trades from standard accounts with tight spreads and without paying additional trading fees. Passive investors can earn profits by copying trades of experienced traders by piggybacking trading signals.

The broker’s customers receive free access to three platforms: MetaTrader 4, MetaTrader 5, and cTrader. All three platforms have desktop, mobile, and web versions, and are also supplemented with functional applications, which considerably expands trading opportunities for traders.

Useful services offered by Trader’s Way:

  • cAlgo. This is a convenient application for the creation of trading robots and one’s own technical indicators in C#.

  • QuickDeal 2.0. This is an additional function available for MT4, which allows traders to open orders in one click and analyze market depth.

  • FxWire Pro newsfeed. This is a service integrated into MT4 that provides analytics of IBTimes, a global resource, with comments from respected economists and professional traders.

Advantages:

1

Access to the top trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader.

2

The minimum deposit is $10 on all account types.

3

The maximum leverage on currency pairs is up to 1:1000.

4

Tight spreads: from 0.0 pips on ECN accounts, from 0.7 pips on Standard accounts.

5

Access to several social trading platforms for automatically copying trades of successful traders.

6

Quick responses by customer support services.

Hedging, scalping, trading with advisors (EAs), and swap free accounts are allowed.

How to Start Making Profits — Guide for Traders

Trader’s Way offers several account types with different conditions. Beginners and advanced traders can choose an account based on their strategy, trading preferences, and the platform that is the most convenient for them.

Account Type
Description
МТ4.VAR
a standard account with floating spreads from 0.7 pips. The average spread on EUR/USD is 1.4 pips. The leverage varies depending on the account balance: for currency instruments, it’s 1:100-1:1000; for metals and energies. it’s 1:25-1:250.
MT4.ECN
an account for professional trading. The spreads float from 0.0 pips; on EUR/USD it’s from 0.5 pips. There is a commission per lot for Forex trading, it’s from $2.5 to $3 depending on the trading volume.
MT5.ECN
is an account for experienced traders who prefer to trade via the MetaTrader 5 platform. It provides access to trading Forex, CFDs, cryptocurrency, and futures instruments. It provides direct access to the interbank market. Minimum spreads are from 0.0 pips; spreads on EUR/USD, from 0.5 pips. Leverage on currencies is from 1:100 to 1:1000, depending on the account balance. The commission per lot on Forex instruments is $3.
CT.ECN
is a professional account that provides direct access to the market via cTrader, a convenience for platform users, created specifically for STP/ECN. The maximum leverage is 1:500. Average spreads are from 0.0 pips; spreads on EUR/USD is from 0.5 pips. The commission per lot on currency pairs is $2.5-3.

The broker provides a demo account with conditions identical to live accounts and access to trading platforms.

Trader’s Way is a broker that offers beneficial conditions for professional traders as well as beginners, who are only starting to learn how to work on the financial markets.

Bonuses Paid by the Broker

100% Deposit Bonus

The amount of the minimum deposit for receiving the bonus is not specified on the website. The bonus is cashed to the account balance on a daily trading volume basis.

Trader’s Way bonuses – 100% Deposit Bonus
Trader’s Way bonuses – 100% Deposit Bonus

Bonus from Traders Union

Traders Union pays a bonus in the form of a rebate on a part of the spread to the traders, who opened an account with the broker via the Traders Union website. The rebate is paid on each completed trade, not only when it’s profitable, but also when it was unprofitable. If the trader opened an account with Trader’s Way while not using the referral link, the bonus is unavailable. If you want to receive a rebate from Traders Union, but you’ve already opened an account with a broker, you need to link the account you have with the broker to the account with Traders Union. You can find detailed instructions of how to do that here.

Investment Education Online

Information

There are no education or analytics sections on the broker’s website. A novice trader can find useful information about starting to trade on Forex in the New To The Market, Resources, and Questions and Answers sections. That, however, is not enough for detailed studying of trading basics.

Information available in the Analysis and Education section
Unavailable information at TradersWay site
Economic calendar
Forex glossary
Forecasts on major currencies
Financial and economic news
Access to live webinars hosted by Wayne McDonell, a trader with over 10 years of experience 
Technical and fundamental analysis
 
A detailed description of strategies

Users can test their Forex trading skills on the broker’s demo account.

Security (Protection for Investors)

Information

TradersWay.com is a part of TW Corp., registered in Dominica (an island in the West Indies). The license and state regulators are not available.

To ensure security, all potential customers of the broker are screened in the World-Check database through the sanction lists, social media, and search systems. To improve data protection, the broker uses encryption and decoding of information based on Secure Sockets Layer (SSL) technology.

👍 Advantages

  • Application of latest client data protection technologies

👎 Disadvantages

  • It is not possible to file a complaint with the regulator
  • There is no negative balance protection
  • There are no segregated accounts
  • The funds and interests of the customers are not protected in any way

Withdrawal Options and Fees

  • When an application for withdrawal is made in the user’s personal account (Private Office), the Trader’s Way financial department processes it within 48 hours. Withdrawals are performed via the system that was used to deposit funds. Personal data of the recipient must fully match the first and last name of the customer, registered in the broker’s database.

  • The following methods are available for withdrawal: internal transfer, electronic wallets Perfect Money, Skrill/Moneybookers, Neteller, Topchange, FasaPay, cryptocurrency wallets Bitcoin, Litecoin, and Ether.

  • In case of withdrawal of large amounts, TW Corp. may request additional documents as proof of money origin, including annual reports, bank statements, etc.

  • The fees of the payment systems and the period required for the transactions are not specified on the broker’s official website of in the offer. Trader’s Way does not charge a brokerage fee for non-trading transactions.

  • Deposit and withdrawal of currencies:for МТ4.VAR and МТ4.ECN - EUR, USD, GBP, and CAD; for MT5.ECN - USD and EUR; for CT.ECN. - only USD.

Customer Support Service

Information

The operators of the online chat service provide round-the-clock support in English, Arabic, French, Spanish, and Filipino.

👍 Advantages

  • 24h online chat
  • Email is specified only for Russian speaking traders

👎 Disadvantages

  • In the online chat, you cannot ask a question in Russian
  • Only a phone number in Dominica is available for contact
  • A user cannot order a callback

The following methods of contacting customer support are available:

  • An international phone call;

  • Email inquiry;

  • online chat on the broker’s website;

  • Messaging apps, including Telegram, Facebook, Instagram, Twitter.

You can contact customer support on the website or from your Private Office.

Contacts

Registration address 8 Copthall, Roseau Valley 00152, Commonwealth of Dominica
Official site
Contacts

Review of the Personal Cabinet of TradersWay

In order to start trading with Trader’s Way, you need to become a broker’s customer, i.e., open a live account. Here’s a short guideline of how to start working with Trader’s Way:

1

Go to the broker’s official website and select the interface language. Then, on any page press Open Live Account.

Trader’s Way review – Opening an account
Trader’s Way review – Opening an account
Trader’s Way review – Opening an account
2

Fill out the registration form and provide your first name and last name (English letters), email, account type (personal or corporate), date of birth, phone number and then select the account type and select your preferred currency. After that, access the Private Office and pass verification, providing the documents in English or translated by a certified translator. Translation must contain a seal and the translator’s signature and must be submitted together with the original copy of the document.

3

Features of the Private Office of Trader’s Way:

1. Deposit and withdrawal:
Trader’s Way review – Deposit and withdrawal
Trader’s Way review – Deposit and withdrawal
2. Information about the platforms and installation files:
Trader’s Way review – Trading platforms
Trader’s Way review – Trading platforms
1. Deposit and withdrawal:
Trader’s Way review – Deposit and withdrawal
Trader’s Way review – Deposit and withdrawal
2. Information about the platforms and installation files:
Trader’s Way review – Trading platforms
Trader’s Way review – Trading platforms

In the Private Office, a trader can also perform the following actions:

  • Transfer funds between trading accounts.

  • View payment history.

  • Connect to live webinars.

Contact the broker’s representative in the chat.

Tags:

tradersway traders way tradersway.com trader’s way

The Oldest Reviews of the Trader’s Way

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of Trader’s Way published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I recently started trading with Trader's Way. Before that, I worked with another broker for some time, but after problems with the withdrawal, I decided to say goodbye. To be honest, I think I was lucky to find a sensible replacement so quickly. Trader's Way gives you money and offers really interesting conditions, such as very tight spreads and low trading commissions on ECN accounts. But those who want to cooperate with it need to prepare for red tape. Not only is the verification difficult, but also notarized copies of all documents must be provided. There was a lot of trouble, but I still won!

It took me a long time to get used to the specifics of Trader’s Way: the broker does not represent its own analytics, and the support team is not very willing to answer questions. I had to rebuild, but I knew why I was doing it. The company offers excellent options for social trading. For novice traders like me, this is a real opportunity to learn from someone else's experience, copying the deals of successful traders, and making good money. Also, there are no trade restrictions here. You can scalp and hedge. If you like trading “on the machine”, you may contact advisors. In general, everything is okay. Clearly, there are more pluses than minuses here.

As for me, this is an average broker. Among the advantages there’s a large selection of assets, there are no additional trading fees on ECN accounts, and the spreads are really narrow. In the real market conditions, however, the spreads expanded a couple of times to values that were unfavorable to me.
There is no complaint about the quality of service. The support team usually responds within 5 minutes. Everything would be good if the broker added to the list of services the possibility of investing in PAMM accounts to generate passive income. I miss it.

I’ve worked with Trader's Way for about six months. The conditions are 100% consistent with the stated ones, I did not notice any problems with the execution of trades. Profits are paid without delays. But that needs to be attributed to significant advantages for this broker. Thank to Trader’s Way for the offer to start copy trading but it’s not my cup of tea. I prefer a lot of passive earnings. I would like to create interesting investment portfolios that include PAMM accounts, bonus programs, etc., but the broker does not offer any of these. Unfortunately, I had to part with this broker, although in general, I consider this cooperation experience to have been positive.

I believe that Trader's Way offers good trading conditions, but exclusively for professionals with experience and large capital. Beginners have nothing to do here. There are no cent accounts, the broker does not provide training or its own analytics. There is a lot of talk here about profitable spreads, but from the experience of trading with Trader's Way, I can say that this is not the case. On market conditions, they expand to 2-3 points for the euro/dollar currency pair, for example. For the advantages, we can only note the prompt execution of trades and honest profit payments. But you still need to earn it! And because of the conditions that Trader’s Way offers, I declined to cooperate and decided to find a worthy alternative to this broker. If it doesn't work, I'll come back.

Here at Trader's Way, it seems that the entry threshold is only 10 bucks, but cooperation with this company is not suitable for everyone. However, Trader's Way will be an interesting option for those who prefer auto copying. I liked working with FxStat. There are strategies from real traders with real money. You can build a suitable portfolio and manage the risks yourself. But there is nothing purely for passive earnings. I believe that this is a real disadvantage for such a progressive and experienced broker as Trader's Way.

I registered on Trader's Way a couple of months ago. I was warned that it was tough with verification, but I had no idea that it was that much. They even forced all documents to be submitted with a certified translation. Thanks at least to the support, who explained how to do it all correctly. All my documents survived the first round of the tests. As for the terms of trade, everything suits me. Execution of trades are at a height, I did not notice any pins. I have recently joined an affiliate network to earn money from referrals. For each lead, I get paid up to 25% of the brokerage commission. Such conditions suit me.

Author of this Review

Trader’s Way broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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5 Tips for Forex Trading Success
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How to Invest in Forex? A Beginner's Guide
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How to Invest in Forex? A Beginner's Guide
Grant Adlington - February 2021
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How to Open a Forex Demo Account for Free?
Grant Adlington - January 2021
How Much Does the Average Day Trader Make?
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How Much Does the Average Day Trader Make?
David Butler - February 2021
Step-by-Step Guide on How to Open a Forex Account
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Step-by-Step Guide on How to Open a Forex Account
John Mayer - February 2021
How Much Can You Make Trading in Forex in 2021?
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Jack Moore - February 2021
Forex Risks Investors Should Consider
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Forex Risks Investors Should Consider
Daniel White - February 2021
Forex License Types - Best Forex Regulators
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Forex License Types - Best Forex Regulators
Jack Moore - February 2021
Why Trade Forex: The Pros and Cons of Forex Trading
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Why Trade Forex: The Pros and Cons of Forex Trading
Grant Adlington - February 2021
Best Investment Brokers in 2021
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PAMM Account Brokers in Forex 2021
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FAQs

Do reviews by traders influence the Trader’s Way rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Trader’s Way you need to go to the broker's profile.

How to leave a review about Trader’s Way on the Traders Union website?

To leave a review about Trader’s Way, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Trader’s Way on a non-Traders Union client?

Anyone can leave feedback about Trader’s Way on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with Trader’s Way through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.