Trader 's way--Overview of Minimum Deposit, Spreads & Leverage

Trader's Way Information

Trader's Way is an unregulated broker offering a demo account and high leverage up to 1:1000 for trading forex, metals, energies, and cryptos on platforms like MT4, MT5, and cTrader. While they offer tight spreads starting from 0 pips, they do charge a 1.5% fee for certain withdrawals.

Pros and Cons

Is Trader's Way Legit?

Trader's Way is an unregulated broker. The WHOIS search shows the domain tradersway.com was registered on December 13, 2010. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.

What Can I Trade on Trader's Way?

Trader's Way offers trading in Forex, Metals, Energies, and Cryptos.

Account Type

Trader's Way offers two main account types. They also offer a demo account.

Leverage

Trader's Way offers a maximum leverage of 1:1000. Traders need to consider carefully before investing, because high leverage is likely to bring high potential risks.

Trader's Way Fees

1. Trader's Way offers floating spreads and boasts spreads as low as 0 pips on their ECN accounts for the EUR/USD pair, with minimal spreads on metals and commodities as well.

1. Trader's Way has low commissions, which are either included in the spread for standard accounts or charged as a small fixed amount per turnover for direct market access accounts.

Trading Platform

Deposit and Withdrawal

Trader's Way does not explicitly state any deposit fees but charges a 1.5% fee for withdrawals requiring USD to GBP currency conversion. There are no limitations on the minimum deposit.