Tradersway Review 2023 - Verified Customer Reviews

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Tradersway Review

Updated September 18, 2023
Score breakdown
Pricing: 3
Regulation: 0
Popularity: 3
User Rating: 4 (8)

Tradersway overall score rank: 21 out of 67

Traders Way forex broker review

Risk Warning: CFDs are complex financial instruments that carry a high risk due to leverage trading. The vast majority of retail investor accounts lose money when trading CFDs. You should always consider whether or not you can afford the high risk of completely losing your funds.


  • Leverage up to 1000:1
  • No fees on deposits
  • Accepts Canadian and Japanese clients
  • Accounts in BTC

Regulations and Money Protection


Entity Name Licence & Regulation Client Money Protection Deposit Compensation Scheme Negative Balance Protection
TW Corp. (DM) Commonwealth of Dominica Incorporation


International customers: TW Corp. will be the counterparty for International customers. This entity, with registered address at 8 Copthall, Roseau Valley, 00152, Commonwealth of Dominica, is incorporated in the Commonwealth of Dominica with company number 15690.

Client Money Protection

Tradersway does not have segregated accounts. This means that TW Corp. client's funds are not kept fully segregated from the company's funds. TW Corp. does not hold client's money separately to the company funds and might use these funds for any operational expenses or purposes.

Deposit Compensation Scheme

Tradersway does not have a client's deposit compensation scheme. TW Corp. is not a regulated financial services broker and therefore, not a member of and investor compensation fund. If TW Corp. is unable to meet its financial obligations, or in case of bankruptcy, clients will not be entitled to any financial compensation.

Negative Balance Protection

Tradersway does not offer Negative Balance Protection. For accounts opened via TW Corp. there isn't a NBP mechanism in place for the sake of no negative balance. Without NBP, TW Corp. customers are not protected from any losses bigger than their original investments, in cases of extreme market volatility.

Accounts, Instruments and Platforms

Accounts Instruments Platforms Social trading Maximum Leverage
✔️Islamic Accounts
✔️MT 4
✔️MT 5
up to 500:1 with CT.ECN. account

up to 1000:1 Worldwide

Account types and currencies

  • Tradersway offers a total of four trading accounts, divided into two types of pricing; the MT4 VAR with variable spreads and ECN modelling pricing, with the MT4 ECN, MT5 ECN and CT ECN accounts. Tradersway also offers swap-free accounts for traders of Islamic belief.

  • Tradersway does not allow, at the moment, for social trading, including copy trading.

  • Tradersway doesn't offer any PAMM accounts alternatives for money managers.

  • Tradersway maximum leverage is 500:1 for the CT ECN accounts and up to 1000:1, worldwide, for all the other account types.

  • Currently, Tradersway trading accounts are only available in CAD, EUR, GBP, USD and BTC (available only on the MT5 ECN account).

Financial instruments

Trading with Tradersway can be done via the Metatrader 4, Metatrader 5 and cTrader, available on web, desktop terminal and mobile versions. Tradersway offers a limited selection of about 50 assets to trade, including Forex, commodities and cryptocurrencies.

  • FX market - 41 currency pairs (including Minor and Exotic crosses).

  • Commodities - 4 commodities CFDs available for trading; 2 metals, with Gold and Silver and 2 energies, with UK Oil and US Oil.

  • Cryptocurrencies - 9 CFDs crosses for trading (not available to European clients) of the most popular cryptocurrencies crosses, including BTC/USD, ETH/USD and XRP/USD.



Spread EUR/USD from 0.7 pip from 0.0 pip from 0.0 pip
Commissions (1 lot) from 6 USD from 6 USD
Minimum Deposit from 10 USD from 10 USD from 10 USD


Tradersway spreads are not the most competitive in the market, especially for the entry-level account, the MT4 VAR. For the most traded pair, the EUR/USD, the cost starts at 0.7 pip, with an average spread of 1.4 pip, without commissions. We consider this value slightly higher when compared with other brokers. On the positive side, with an ECN modelling account, MT4, MT5 and CT, the EUR/USD starting spread is 0.0 pip (typically 0.5 pip).

To access the better trading conditions of the ECN modelling accounts (lower spreads), the cost is a broker commission. With the ECN modelling accounts, for the EUR/USD, the standard lot commission for 1 lot (100,000 units) is 6 USD, 3.0 USD per lot and per side. We consider this commission to be quite in line with other top brokers.

Rollover Rates

Regarding swap rates, Tradersway does not publish, or let any third-party software publish them on their behalf. As the broker states on their website "You can view the swap rates in your MetaTrader trading terminal: right click on any instrument in the "Market Watch" section, and then choose the "Specification" option from the dropdown menu." Therefore, the only way to find out the current rollover rates with Tradersway is by opening an account (demo or real). In this case we can't compare Tradersway with other brokers to see if holding a 1 lot EUR/USD, long or short, is cheaper or more expensive.

Deposits/Withdrawals and Other Fees

  • Deposit fees - Trading accounts can be opened in 4 different currencies (plus BTC for the MT5 ECN accounts) and maintained via 10 different funding methods, including cards, bank wires and e-payments such as Neteller and Skrill. Deposit funds are available almost instantly, except for bank wires. Since December 2019, Tradersway stopped charging fees for deposits to trading accounts.

  • Withdrawals fees - Tradersway charges for withdrawals (processing of payments is done by third-party systems and their functionality cannot be guaranteed) are subject to variable fees, depending on the deposit/withdrawal method. For more information, please visit the Tradersway deposit and withdrawals dedicated page.

  • Inactivity fee - Tradersway does not charge an inactivity fee or any account maintenance fees.



Forex Education Deposit Options Deposit/Withdrawals Fees Non expiring demo account Customer Support
Weekly Market Outlook
Bank Wire
❌/✔️ ❌ - 30 days Multi language
24/5 Support
Live Chat

Opened for business in 2010, Tradersway is a Forex broker that seems to fail in capturing the attention of new traders, as it's popularity is just average. Let's start with the not so popular side:

Tradersway overall trading costs are slightly higher when compared with other FX brokers; the spreads are not very competitive, plus, traders will have to pay fees for withdrawals. Also on the negative side, the lack of Tradersway educational material to help new traders in this highly-volatile market. The only thing that the broker offers regarding education is a webinar and a weekly market outlook.

  • Trading accounts - Regarding trading accounts, we consider the MT5 ECN to be the best-value. This account is also a popular choice with traders looking for reduced trading costs and considered the best option based on the lower spreads, available assets to trade and trading account base currencies.

  • Forex education - Tradersway offers very limited educational materials with only a webinar and a market outlook and loses some popularity points for that.

Funding Methods Bank Wire, Cards, Bitcoin, FasaPay, Litecoin, Neteller, Perfect Money, Skrill (Moneybookers), Ethereum, VLoad
Support Languages Arabic, Bahasa (Indonesian), Chinese, English, Farsi, French, Malay, Polish, Russian, Spanish, Urdu

  • Minimum deposit - Opening a trading account with Tradersway is fairly easy and it can all be done via the web, taking only a few minutes. Trading accounts can be funded using the traditional methods, cards and bank wire and also by Neteller and Skrill. Tradersway minimum deposit requirement is 10 USD.

  • Customer support - Tradersway's multi language customer support service is available 24 hours, 5 days a week, in 11 languages. Tradersway's support is available via phone call (+1 849 9370815), email and live chat directly from the broker's website.

Broker Profile

Tradersway was established with the principle mission to provide traders with the widest opportunities available on the financial markets. The broker collected the best products, technologies and services, so that the needs of every trader are fully satisfied, under one FX broker, and without losing time, traders can find everything to trade without boundaries and limits.

Tradersway aims at providing clients with the best conditions for trading, regardless of the client's level of experience or the size of their deposits. Each client is important to Tradersway and the brokers is willing to satisfy any requirement when it comes to accessing a given market.

The brokers offers a good range of trading tools and conditions in the hope that every member who joins in can achieve success. Tradersway welcomes from a beginner trader who starts with the $10 minimum deposit and learns how to trade with low risk, to a seasoned professional who operates directly on an interbank market with large assets and low floating spreads.

Tradersway offers access to FX, metals, energies and cryptocurrencies CFDs, via the best trading platforms; MT 4, MT 5 and cTrader, together with 4 account types - Variable and ECN modeling on MT4, MT5 and cTrader platforms and swap-free accounts for Islamic belief traders. With several bonuses and promotions constantly available, all clients can become a Tradersway's partner.

Overall, on our Tradersway review, the broker scores a below average 2.4 out of 5.0 as, currently, we consider this company unsafe for traders looking for a regulated broker with guaranteed safety of funds. Also on the downside, the very limited offering of trading assets, the uncompetitive pricing of the MT4 VAR account and the lack of Forex educational materials available, are all ingredients that penalize the broker's cumulative rating. On the positive side, the low minimum deposit of $10 is attractive to traders looking to test this broker's services and offering.

Data supplied in partnership with CashBackForex - Forex Rebates places Tradersway on the top 30 brokers for popularity with traders opening an account in 2020.

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