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

General Information & Regulation

Founded in 2011, Trader 's way is an online trading broker that provides clients across the globe access to trade a range of markets including Forex, Commodities, Cryptocurrency, Metals, Energies & CFDs. Trader 's way is an unregulated offshore broker that is legally registered in Dominica and registered under the name TW Corp.

Market Instruments

Trader's Way provides investors with financial instruments in Forex currency pairs, precious metals (gold & silver), energies (oil & gas), and cryptocurrencies.

Minimum Deposit

Trader's Way provides investors with various types of trading accounts, namely MT4, MT5, and standard and ECN accounts on cTrader.

Trader's Way Leverage

In terms of trading leverage, Traders'way offers dynamic leverage depending on account balance. The maximum leverage it offes is up to 1:1000, super high. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Spreads & Commissions

Trader's Way official website shows spreads of 0.2 pips for EURUSD, 0.9 pips for GBPUSD, 0.6 pips for CHF/USD, 0.8 pips for JPYUSD, 0.34 pips for gold, and 0.03 pips for silver. Needless to say, the spreads offered by Trader's Way seem very attractive, but given that it is an unregulated broker, it is probably just a trick to attract new investors.

Trading Platform

Trader's Way offers a variety of trading platforms for traders, namely MT4, MT5, cTrader, and mobile apps.

Deposit & Withdrawal

Trader's Way accepts traders to withdraw funds to their accounts via TC Pay, Vload credit/debit cards, wire transfers (Abra), Bitcoin, Ether, Litecoin, Ripple, USDT, TUDS, and other payment methods. It is worth noting that the fact that Trader's Way offers multiple deposit methods for cryptocurrencies is not a good sign, as this payment method has numerous restrictions for refunds.