A Forex Broker is a firm that provides foreign exchange trading services to traders. Such a firm enables the Forex traders to have an access to trading platforms so that they can sell or buy foreign currencies. There are many such firms, some have been operating for some time, are well established and reputable, while some are not. Our review gives you an insight into foreign exchange trading with Tradersway Forex Broker firm.
Tradersway Forex Broker Company was founded in 2010. it’s its Head Office in Cyprus. it’s expanded its operations to St. Vincent, Grenadines and Russia. it’s authorized to work under the Cyprus Securities & Exchange Commission, a Cyprus regulatory body which gave it license no. 178/12. The firm deals with a good range of CFDs and currency pairs and uses the MT4 and cTrader platforms mainly. The firm was established by a grouping of execs proficient within the financial market field with an aim of spreading the values of a free and unlimited global trading. The clients are offered a number of the widest trading opportunities available on the free financial markets. the corporate has always claimed to possess a number of the simplest Trading platforms within the market.
TRADING PLATFORMS Tradersway
Tradersway is well ahead on the platforms it offers its clients to hold on trading such as:
- MetaTrader 4– one among the foremost effective and efficient trading platform within the world. However, the firm has become innovative to supplement the great qualities of the platform with an adoption of the NDD/STP model. this is often to deal with the lack of the platform to be connected to the interbank- market directly. By adopting the NDD/STP model they need made an addition of the ECN trading feature to the MT4 platform.
- MT4 Mobile Applications-The firm has introduced MT4 mobile applications that are very invaluable to people on the go. By installing the appliance to any of your compatible devices you’ll be ready to access all the trading markets. it’s convenient because the same account you employ on your desktop pc is that the same you employ on the smartphones.
- cTrader– The platform offers the firm’s clients the added advantage of experiencing the complete power of ECN trading. Using this platform offers the clients a number of the benefits enjoyed by some major institutions like in no time speeds with affordable pricing. the advantages of the platform are often enjoyed using any computer having an online browser that uses a cTrader web.
Social and auto trading– The firm has partnered with MetaQuotes, Mtfxbook and FxStat to supply clients a number of their high performing and state of the art platforms, technologies, products and services to supply customer satisfaction.
Tradersway Forex Brokers offers a good range of accounts to settle on from counting on the client’s level of investment, taste, strategy, and need. a number of these accounts are:
- MT4.Fix– this is often a Forex and CFD account that features fixed spreads on the MT4 platform. The account was mainly designed for those traders who would really like to understand exact spread sizes on individual trading instruments. this is often for strategic planning and for automatic trading.
- MT4.VAR– The account is employed for CFD and Forex trading where you’ve got floating spreads on the MT4 platform. it’s for those traders who would like to trade real market conditions. That way they cash in of the professional ECN/STP Trading but avoid the commissions.
- MT4.ECN. – With this account, the client is in a position to access directly the interbank liquidity available on the MT4 platform. The spreads here are at a minimum and quite low for a few market conditions.
- CT.ECN.– The account is obtainable as an ECN account in cTrader. it’s a convenient and intuitive platform that’s mainly designed for ECN trading.
In order to offer their clients unlimited opportunities to try to to trading, the firm has gone the additional step of creating the customer access various markets. These markets include: Forex– The foreign-exchange market is one among the most important offer and one among the foremost liquid markets everywhere the world. it’s estimated to possess a trading volume of up to $4 trillion. Metals-Gold and Silver- The metal market is gaining popularity with many investors putting more preference over its certainty quite the folding money. The firm offers to trade metals against the main currencies like dollars and euros. Energies-Oil and Gas– this is often another lucrative market that’s attracting tons of attention from clients everywhere the world. it’s a part of the commodity market that deals within the supply of energy.
Towards improving the way the firm’s clients withdraw or deposit funds with more convenience, several payments methods are offered. On login, the web application of Tradersway gives you a great many options to try to to your transactions such as: To withdraw all deposited funds you’ve got to use an equivalent option used for deposit All payments from and to 3rd parties aren’t acceptable for any trading purposes. All request to withdraw are going to be processed within 48 hours All deposits and withdrawals are accepted using payment systems like perfect money, UpayCard, Payza, ePayments, Bitcoin, wire transfer, Webmoney and Neteller PROMOTIONS At Tradersway Forex Brokers, your starting trading amount is $10. Then you’ll open your MT4 ECN account which can have a full access to the interbank market. The firm works towards scaling up your trading opportunities by providing you a 100% bonus on the deposit in your account. PROS AND CONS OF USING TRADERSWAY FOREX BROKERS Pros There is a good range of trade platforms to settle on from like MetaTrader 4 and eTrader There is no minimum-initial deposit to enjoy commission-free accounts You can access the ECN environment at only $10 Offers better and competitive ECN spreads and low commission fees than the competition Gives the client a better leverage Bonuses are available Cons Lack of regulation
Tradersway main mission is to widen the clients trading opportunities by boosting you with maximum bonuses on deposits you create. Many will term this as a wild thanks to attract new customers to your firm. But this thus far has worked well for the corporate which has continued to grow in strength. The company isn’t regulated and doesn’t follow strict guidelines. It takes aggressive moves to satisfy its customers and it’s worked well for them. After browsing several users reviews you’ll find that the majority of them are satisfied and have given it a high grading. Expert opinions will accept as true with my view that the difficulty of client’s fund’s security shouldn’t be taken lightly. the corporate has not taken any efforts to make sure proper measures are in situ. just in case of a worst-case scenario, the firm’s clients can incur tons of losses.