Opinions and information about the Trader's Way broker
¿It is the truly reliable Trader's Way broker? Is it safe for you to invest your money with this company? In this section we will analyze the broker and its reputation as such on the internet.
We invite anyone who has experience with this company, to leave a comment with their experience and to give a score to the broker according to their experience with it.
The Trader's Way broker is a Forex and CFD broker.
The broker mentions to be part of: does not specify.
Trader's Way is based in: Dominica.
If we talk about regulation, Trader's Way is a UNREGULATED broker.
We will continue to analyze the different account types that Trader's Way offers. In the case of Trader's Way, we note that it offers 4 different types of accounts: the MT4.Fix Account, the MT4.VAR Account, the MT4.ECN Account and the CT.ECN Account.
Regarding the characteristics of the types of accounts, we will start with the MT4.FIX Account: fixed spread, minimum spread of 2 pips, standard lot size (100.000 units), leverage of up to 1: 1000, instant execution, stop level out of 40.
This is followed by the MT4.VAR Account: variable spread, minimum spread of 0,7 pips, standard lot size (100.000 units), leverage up to 1: 1000, market execution, stop out level of 40.
The third type of account is the MT4.ECN Account: minimum initial deposit of 100 USD, variable spread, minimum spread of 0 pips, standard lot size (100.000 units), leverage up to 1: 1000, market execution, level of stop out of 40.
The last type of account is the CT.ECN Account: minimum initial deposit of 50 USD, variable spread, minimum spread of 0 pips, standard lot size (100.000 units), leverage up to 1: 500, market execution, level of stop out of 40, cTrader platform.
The platforms used to trade are: MT4 and cTrader.
Now, yes, we will go on to analyze the different resources and aids that the broker provides to traders on its website: live quotes of currency pairs, metals and energies, a brief explanation of the different instruments that can be traded, trading conditions , explanation of other concepts in the world of trading (such as equities, margin, lots, leverage and more), apparently they also run webinars from time to time.
Trader's Way broker features
Additional information about the company
Phone number: +1 849 9370815
Clarification: The Trader's Way broker works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
Trader's Way Valuation
With the information we have so far, the comments and reviews of users and traders, not this opinion is not very clear yet, we suggest caution. Why? We have found ambiguous comments about the broker, both positive and negative, and it is an unregulated broker.
December 2019 update: the Spanish financial regulator CNMV has issued a warning against Trader's Way.
Do you know this broker? Do you think our opinion is not correct? Have you operated with him? Leave a comment with your experience.
↓ ↓ ↓ Traders and users score