Trader’s Way cTrader Review

Introduction to Trader’s Way Review

Trader’s Way is a veteran in the online Forex trading space. The company has been active for more than 10 years, thus making them a well-experienced broker. Like many brokers, the company launched with the MetaTrader 4 platform and later introduced cTrader and MetaTrader 5. Moreover, Trader’s Way has been offering the cTrader platform since the start of 2012. Due to the initial exclusivity period given to FxPro which lasted from the initial launch of cTrader until the end of 2011, we have it on good authority that Trader’s Way is the broker to offer the cTrader platform.

If you were to go through the textbook checklist for a newbie forex trader, Trader’s Way may not get a high score. But that’s because the newbie’s checklist is in fact, for newbies. As the entire forex trading industry is shifting and shifting fast, thanks to new regulatory changes, the rulebook is being rewritten. Brokers like Trader’s Way are the future. We would say Trader’s Way is not a company for newbies, but for traders who are looking 

Here are some of the things we like about this forex broker;

  1. High leverage availability. Trader’s Way offers leverage up to 1:1000. In the case of cTrader it is just 1:500. 
  2. The minimum deposit needed to get started with is just $10. Combine that with 1:1000 leverage, you can trade a few nano lots. 
  3. No pushy sales tactics. No one ever called us or emailed us to get us to complete account verification and make a deposit. 
  4. Offshore. Trader’s Way is incorporated in a jurisdiction that doesn’t have forex regulation. This means they can operate how they see fit, which is thankfully in a sustainable way. They will not succumb to regulatory clampdown on leverage. 

No review would be complete without a critical element. Here are some of the things we do not like about Trader’s Way;

  1. Expensive payment methods. Unfortunately, due to the fact that Trader’s Way is based offshore, they do not have decent payment methods available to them. This makes deposits and withdrawals more expensive and more complicated. 
  2. Do not treat cTrader accounts equally. This is a common occurrence which we will hope stops in the future. Unfortunately, cTrader accounts come with lower leverage, and Swap Free is not offered. 

About Trader’s Way

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