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Tradersway Broker

  • #1
  • First Post: Dec 21, 2023 5:30pm Dec 21, 2023 5:30pm
Does anyone here have any experience using this broker? Please share your insight.

That should be TRADERSWAY.
  • #2
  • Dec 22, 2023 5:31am Dec 22, 2023 5:31am
I have had an account with them for 2 years. Account is net positive and I’ve had no issues in anyway with them. Spreads are tight, trade execution is fast, withdrawals are transacted promptly and communication when necessary has been positive
  • #3
  • Dec 22, 2023 6:06am Dec 22, 2023 6:06am
Quoting DwnUndrTrdr
I have had an account with them for 2 years. Account is net positive and I’ve had no issues in anyway with them. Spreads are tight, trade execution is fast, withdrawals are transacted promptly and communication when necessary has been positive
Thank you for that response sharing your experiences.
  • #4
  • Jan 8, 2024 10:19am Jan 8, 2024 10:19am
I have no first-hand experience. Neither does anyone I know. There are reasons for that. Nobody I know would touch them.

If it interests you (and I understand that it may not, because it isn't first-hand) their general, widespread reputation in the industry really is one of the very worst in the world.

https://www.wikifx.com/en/dealer/1591679482.html
  • #5
  • Jan 24, 2024 1:54am Jan 24, 2024 1:54am
Quoting KarlKraus
I have no first-hand experience. Neither does anyone I know. There are reasons for that. Nobody I know would touch them. If it interests you (and I understand that it may not, because it isn't first-hand) their general, widespread reputation in the industry really is one of the very worst in the world. https://www.wikifx.com/en/dealer/1591679482.html
I wouldn’t be using wikifx as my sole information research source… https://au.trustpilot.com/review/wikifx.com
  • #6
  • Jan 29, 2024 4:32am Jan 29, 2024 4:32am
Quoting DwnUndrTrdr
{quote} I wouldn’t be using wikifx as my sole information research source

Neither would I: that’s why I first mentioned their "general, widespread reputation in the industry" before giving one little illustration of it.

What matters here is not the reliability of an individual review-site, but the reality that the broker being asked about is one of the world’s most dishonest.
  • #7
  • Feb 2, 2024 3:23pm Feb 2, 2024 3:23pm
Quoting KarlKraus
{quote} Neither would I: that’s why I first mentioned their "general, widespread reputation in the industry" before giving one little illustration of it. What matters here is not the reliability of an individual review-site, but the reality that the broker being asked about is one of the world’s most dishonest.
Fair enough. I have no financial relationship beyond using them as one of my market intermediaries/brokers for period of two years. I’m net positive on the account, and have had no issues. That’s my reality with skin in the game with this broker.
Every participant should do their own due diligence, however one chooses to do so.
  • #8
  • Feb 16, 2024 5:01am Feb 16, 2024 5:01am
I've used this broker for over 10 years and never had an issue either. Withdrawals are always fast and very good spreads. I know other people who use it too and have no problems.
  • #9
  • Feb 16, 2024 5:02am Feb 16, 2024 5:02am
Quoting DwnUndrTrdr
{quote} Fair enough. I have no financial relationship beyond using them as one of my market intermediaries/brokers for period of two years. I’m net positive on the account, and have had no issues. That’s my reality with skin in the game with this broker. Every participant should do their own due diligence, however one chooses to do so.
He only likes futures so any forex broker is shady in his eyes.
  • #10
  • Feb 17, 2024 5:12am Feb 17, 2024 5:12am
Quoting woody70
I've used this broker for over 10 years and never had an issue either. Withdrawals are always fast and very good spreads. I know other people who use it too and have no problems.
Hi Woody70,
Did you use Tradeway for 10 years with no issued? Are you still with them?
  • #11
  • Feb 17, 2024 5:43am Feb 17, 2024 5:43am
Quoting acetrader
{quote} Hi Woody70, Did you use Tradeway for 10 years with no issued? Are you still with them?
Yes still with them and no problems.
  • #12
  • Feb 17, 2024 6:18am Feb 17, 2024 6:18am
Quoting woody70
{quote} Yes still with them and no problems.
Hi Woody,
That is a good record 10 years & no problems. Thank you for sharing.
  • #13
  • Feb 17, 2024 6:23am Feb 17, 2024 6:23am
It seems completely weird that anyone doing any due diligence at all could actually choose to trade there.

https://www.stevehopwoodforex.com/ph...pic.php?t=5125

https://www.forex-ratings.com/forex-reviews/tradersway/

https://globalfraudprotection.com/sc...ersway-review/

https://55brokers.com/tradersway-review/

https://www.compareforexbrokers.com/...ersway-review/
  • #14
  • Feb 17, 2024 7:49am Feb 17, 2024 7:49am
Quoting Quickly
It seems completely weird that anyone doing any due diligence at all could actually choose to trade there. https://www.stevehopwoodforex.com/ph...pic.php?t=5125 https://www.forex-ratings.com/forex-reviews/tradersway/ https://globalfraudprotection.com/sc...ersway-review/ https://55brokers.com/tradersway-review/ https://www.compareforexbrokers.com/...ersway-review/
Hi Quickly,
Very compelling. Thank you for sharing.
  • #15
  • Feb 17, 2024 12:22pm Feb 17, 2024 12:22pm
Keep in mind, KarlKraus and Quickly are sidekicks that seem to go out of their way to discourage anyone that is not trading futures. They always seem to do so in an unnecessarily-degrading manner, also, for whatever that is worth.
  • #16
  • Feb 18, 2024 5:00am Feb 18, 2024 5:00am
Quoting Quickly
It seems completely weird that anyone doing any due diligence at all could actually choose to trade there. https://www.stevehopwoodforex.com/ph...pic.php?t=5125 https://www.forex-ratings.com/forex-reviews/tradersway/ https://globalfraudprotection.com/sc...ersway-review/ https://55brokers.com/tradersway-review/ https://www.compareforexbrokers.com/...ersway-review/
Yes, you do your initial DD.Then what you do is you open a small account and trade it alongside your other accounts. I’m sure you have several? You compare your fills and review all transactions accordingly and comparatively. You ramp up/ or cease operations according to your exploratory findings.
  • #17
  • Mar 28, 2024 12:18pm Mar 28, 2024 12:18pm
I have had an active account with Tradersway for over 5 years with no issues. However, I received a concerning email today that Tradersway received notice from MetaQuotes that all US customers are being dropped. Does anyone know more information? How can I find more information? Is this only Tradersway or all Brokers in US that offers MT4 and MT5? What are our options for trading?
  • #18
  • Mar 28, 2024 2:07pm Mar 28, 2024 2:07pm
Quoting RebeccaH
I have had an active account with Tradersway for over 5 years with no issues. However, I received a concerning email today that Tradersway received notice from MetaQuotes that all US customers are being dropped. Does anyone know more information? How can I find more information? Is this only Tradersway or all Brokers in US that offers MT4 and MT5? What are our options for trading?

Hey Rebecca,

Yeah, I was bummed to receive that email this morning from TW as well. I've been with them for 12 years now and never had an issue. My account with fxchoice had the same thing happen last month. I was with them for the same period of time without issue. So as of April 25th I won't have broker... It appears that all of us U.S. residents will need to find regulated brokers to work with.

Here's a video I found explaining the situation -
Inserted Video


You or anyone else please PM me if you have a recommendation.

Or if you have any other suggestions.
  • #19
  • Mar 28, 2024 3:49pm Mar 28, 2024 3:49pm
Quoting Quickly
It seems completely weird that anyone doing any due diligence at all could actually choose to trade there. https://www.stevehopwoodforex.com/ph...pic.php?t=5125 https://www.forex-ratings.com/forex-reviews/tradersway/ https://globalfraudprotection.com/sc...ersway-review/ https://55brokers.com/tradersway-review/ https://www.compareforexbrokers.com/...ersway-review/
Thanks for sharing that research, I don't know why or where all these TW shills appeared from, spewing there BS, like this guy, woody70

They forget that TW is unregulated, and they also pay a commission, and from personal research a while back, there seemed to be negative swaps on nearly every pair, that means for both buy and sell, WTF?

Quoting woody70
{quote} I never had spreads above 1.0 pip on majors maybe around NFP or something like that but, is not the norm. When you're from the USA beggars can't be chooser. You have to take what you can get. GBPUSD right now @ bid 1.26214 ask 1.26218. I can't ask for anything better than that.
You are so full of it, where is the evidence? You probably never used another broker; TW is unregulated, and you are paying a commission as well, WOW.

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It takes a lot for me to IGNORE you, but you can try.
  • #20
  • Mar 28, 2024 5:38pm Mar 28, 2024 5:38pm
Jakey, Thank you. Good INFO.
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