Tradersway is an unregulated forex broker that promises competitive spreads on leading pairs. They also offer a free demo account. Obviously, you should be very wary of any forex trading opportunity that is offered by a broker that is not regulated by the Securities and Exchange Commission (SEC).
Unregulated broker
TradersWay is an offshore company operated by TW Corp., which is not regulated by any financial authority. The company has been accused of fraud and is a suspected scam broker.
The company offers an ECN account and supports MetaTrader 4 and 5. Traders can choose from four types of trading accounts. The accounts include ECN, cTrader, Standard, and Micro accounts. They are offered a 100% deposit bonus and low trading fees. The platform is compatible with Windows and Linux.
TradersWay provides access to the four biggest financial markets. Its trading platforms support MetaTrader 4 and 5. They also provide a wide range of tools and features. They offer a demo account, as well as trading education and research.
TradersWay also offers leverage. The broker advises traders to consider their risk tolerance before they start trading. It warns of the risks involved with leveraged financial instruments, which could lead to great losses exceeding your initial capital.
Competitive spreads on leading pairs
Traders are always on the lookout for the best and the lowest spreads on leading indices and currencies. If you are not a hands-on trader, the best way to find out what your trade is worth is to browse through the dozens of online trading forums. Not only will you find out what your trade is worth, but you can also get a feel for what other traders are thinking about. Besides, it’s free. The best part is that you can trade on weekends, during holidays, and on weeknights. Traders of all stripes can take part in the online trading community. Besides, you can get the best rates by signing up with a reputable brokerage. Using a good broker will allow you to trade on a wide range of currencies and indices. Besides, you can trade using your smartphone, which is a nice perk, especially if you have a hankering for a few trades. In short, if you’re interested in trading the financial markets, check out Global Prime.
Free demo account
Trader’s Way is an online ECN broker based in Dominica. The broker is operated by TW Corp., a company that is not regulated by any financial authority. The company is registered in the Commonwealth of Dominica.
Trader’s Way offers a free demo account for traders to test out the broker’s trading platform and services. Traders also have the option of opening an ECN account. A minimum deposit is required for the ECN account. This account also offers high leverage of up to 1:500.
Trader’s Way offers a wide variety of accounts, including a standard account, an ECN account, a VAR account, and an ECN and VAR account. The standard account is a demo account that allows traders to trade without risk. This account is ideal for beginner traders to try out trading strategies and techniques.
Trader’s Way also offers a variety of funding methods. These include electronic payment methods such as Payza, Perfect Money, and Skrill. There is also a local transfer option, though this is only available to Indonesian citizens. In addition, Trader’s Way accepts a number of cryptocurrencies.
High-risk trading opportunity
Traders Way is an STP/no dealing desk, and forex broker. This company offers a variety of trading tools and services to all kinds of traders. It’s a good platform for beginners and seasoned professionals. However, it may not be a good choice for heavy traders. The lack of regulation means that clients are not protected from losses bigger than the initial investment.
Traders Way does not have a license from any serious Forex authority. Instead, it’s based in Dominica, where a number of financial companies are licensed. The financial sector is regulated by the government in order to ensure the safety of customers. However, the company is not a member of any investor compensation fund.
Traders Way does not offer Negative Balance Protection, so it’s possible that your account could be wiped out if you hold a swap for a week. Furthermore, Traders Way does not publish swap rates, so you can’t compare them with other brokers.
