Tradersway spreads on EUR/USD start from 0.1 pips. Tradersway does not charge deposit fees or withdrawal fees. Spreads that traders can expect on the company’s spread list vary according to the account type chosen.
Tradersway at a glance
| Broker’s Name | TradersWay |
| 🏛️ Headquarters | Dominica |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | None |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | No |
| 👨🏼💼 Managed Accounts | No |
| ⬆️ Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | $10 |
| 💳 Deposit Options | Bank Wire Transfer Credit/Debit Cards Neteller Skrill Crypto, and more |
| 💳 Withdrawal Options | Bank Wire Transfer Credit/Debit Cards Neteller Skrill Crypto, and more |
| 📊 Platform Types | cTrader, MetaTrader 4, MetaTrader 5 |
| 📶 OS Compatibility | Web browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPads |
| 📈 Tradable assets offered | Forex, metals, energies, cryptocurrencies |
| 💬 Languages supported on Website | 11 Languages supported |
| 💬 Customer Support Languages | 11 Languages supported |
| ⏲️ Customer Service Hours | 24 hours/5 days a week |
| 📌 Open an account | Click Here |
Tradersway Fees, Spreads, and Commission Revealed – 8 Key Point Quick Overview
- ✅Tradersway at a glance
- ✅Tradersway Fees and Spreads
- ✅Tradersway Additional Trading Fees
- Tradersway Broker Fees
- Tradersway Pros and Cons
- Tradersway Customer Reviews
- Conclusion
- Frequently Asked Questions
Tradersway Fees and Spreads
Tradersway spreads on EUR/USD start from 0.1 pips. The company’s spread list when trading with Tradersway is:
| ☑ Transparency – precise and fast quotations are received directly from various sources. |
| ☑ Low spreads – access to liquidity allow the broker to establish minimum spreads for trading on any account. |
| ☑ Offers accounts with fixed spreads or with floating spreads. |
| ☑ Trade commissions are low and applied differently on accounts. If you trade on a standard account, the commission is already included in the spread and no more fees are charged. |
| ☑ Excellent margin trading conditions for all types of accounts allowed. |
| ☑ Maximum leverage of 1:1000 allowed on both the Standard accounts and ECN accounts. |
Tradersway does not charge any additional commissions for the MT4.VAR accounts. For these types of accounts, all commissions are already included in the spread although these accounts have similar conditions. For ECN accounts the spreads are minimal, but the commission will be charged separately, with the breakdown of commission rates available in the Trading Conditions section on the website.
To calculate the commission, you need to calculate your deal volume in US dollars, divide it by 100,000 and multiply by the commission fee. Typical spreads are:
▶ EUR/USD: 0.1
▶ GBP/USD: 1.3
▶ USD/CHF: 0.7
▶ USD/JPY: 0.8
Tradersway Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day. Tradersway does provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest when holding open positions.
The Tradersway support team can be contacted to find out whether spread betting is allowed and what spread betting fees could apply.
Tradersway Broker Fees
| Deposit Fees | ❌ Not Charged |
| withdrawal Fees | ❌ Not Charged |
Tradersway does not charge deposit fees or withdrawal fees, but traders need to verify what additional charges may be waived by their financial institution. In addition, should traders transfer fees in a currency that is different from their account base currency they may be subjected to currency conversion fees.
Tradersway Pros and Cons
| ✔️ PROS | ❌ CONS |
| Competitive trading conditions offered | Not properly regulated |
| Islamic or Swap-free Account provided | Commissions charged on ECN accounts |
| The Demo account gives full access to MetaTrader 4 |
Tradersway Customer Reviews
Good Broker
Tradersway is a good FX broker.. good job ..100% Recommended! – Tammy
Tradersway website
Tradersway’s website is easily accessible and user-friendly, also any minor issue I had was eventually resolved…. – Erin
Tradersway Affiliate Program
I enjoy the opportunities to earn an income through IB programs offered by forex brokers, Check it out! – Su
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Conclusion
Although unregulated, TradersWay offers trading conditions that set it apart from its peers with low trading and non-trading fees along with a variety of accounts that cater for various traders despite their knowledge, skill, and experience. TradersWay caters to both beginner and more experienced traders in its comprehensive offering in addition to providing adequate education and research to aid traders in improving their trading skills and knowledge.
TradersWay provides access to four of the largest financial markets through its offering and provides access to three of the most powerful trading platforms through which trades can be executed, and trading skills improved with an array of features.
Despite the trading conditions and claims that it is a legitimate broker, TradersWay does not offer traders guarantees pertaining to client fund security and traders still need to proceed with caution when dealing with unregulated brokers.
Frequently Asked Questions
What spreads can I expect with Tradersway?
Tradersway offers the smallest spreads possible on the market starting from 0.1 pips on EUR/USD.
Is Tradersway a good low – commission broker?
Yes, but trade commissions are very low. If you trade on a standard account, the commission is already included in the spread and there are no other fees.
Does spread betting costs apply to Tradersway?
Traderswaydoes not offer spread betting, therefore fees do not apply
Does Tradersway charge overnight fees?
Tradersway does not list any chargers involved with the overnight fees on the website.
What is the cost of trading with Tradersway?
The cost of trading with Tradersway is a minimum deposit requirement of $10
Featured SA Shares Writer and Forex Analyst.
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