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Trader's Way - Accepts US Clients, Bitcoin Deposit/Withdrawal

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  • #1
  • First Post: Edited Nov 26, 2014 4:21pm Sep 16, 2014 10:36am | Edited Nov 26, 2014 4:21pm
My name is Joe Carney and am a representative from Trader's Way. I am reaching out to members of the forum in case you have any questions or concerns that you would like to discuss. I will have a presence in the forum and will check this thread often.


We are pleased to announce that we now offer one more payment option to clients – Bitcoin. The new money transfer option added into the Trader's Way Private Office will make deposit and withdrawal operations easier and more convenient. From now on, Trader's Way’s customers can deposit and withdraw funds from their trading accounts using Bitcoin digital currency. The introduction of the wide-spread and popular payment system was aimed at further improvement of our service for clients’ convenience.

Trader's Way aspires to provide free, limitless trading expanding your opportunities and allowing you to live the life you want. The company is committed to constant upgrading of its trading conditions, technologies and services. It highly values its customers and respects their needs and will keep on adding new convenient payment methods in the near future.

High Leverage - Up to 1000:1 leverage.
Accepts U.S. Clients - We are out of the reach of the CFTC and thus can offer clients the same trading conditions that the rest of the world is able to freely enjoy.
Low Cost - We offer some of the lowest spreads on the market and commissions of $6 per nominal lot round turn. If you trade larger volumes, your commissions/spreads get even lower.
Deposit Bonus - We will match your deposit with a deposit bonus of up to $5,000 into your account which is credited to your account on a daily basis at a rate of $0.50 per round turn lot traded. Thus, you will be receiving daily rebates on your trades.
Make Money Without Trading - Every client can become a partner. Simply sign up for an account and advertise your referral link wherever you choose. We provide banners linked to this referral link. Every client who signs up after clicking this link is automatically connected to your account. You will receive daily commissions on their trades which can be withdrawn as often as you'd like.
We Accept PayPal - Sign up for an account with us and respond to my "welcome email" with the code "FFPP2014" and I will be sure to discount your PayPal deposit fees through the end of 2014.

On top of our Forex trading services, we also offer Binary Options trading to all clients.

Please visit us at our website www.tradersway.com.



I am here to answer any and all of your questions.
  • #2
  • Sep 30, 2014 11:07am Sep 30, 2014 11:07am
Here at Trader's Way we strive to offer the best conditions to our clients. It is through a mutually beneficial relationship between us that we can achieve the most success. If you haven't already, please take a moment to become our partner and get paid for the trades your clients make. All you have to do is refer new traders to our site. When they open a live account and trade, you get paid!

Here's how:
1. Open a Real account
2. Verify your account
3. Go to the Private Office and press the “Become a partner” button
4. You will get your Partner code and a new tab in the Private Office called "Partner Office"
5. You can use this code in personal web-links anywhere you want (on your website, on forums, ads, brochures, etc.)
6. Traders who come to our website through these links will automatically become your clients - you will get commissions from their deals.

At the end of every trading day, your partner account will be credited a portion of the commissions from your clients' trades! This money can either be transferred to your trading account or paid out to you via Skrill, Payza or Bitcoin. Please visit the link below and see the "Agent" option for more information.

Partnership
  • #3
  • Nov 3, 2014 11:35am Nov 3, 2014 11:35am
Trader's Way is pleased to announce that 1:500 leverage is now available for all accounts with balances up to 10,000 USD and 1:200 leverage - up to 50,000 USD.

Trader's Way constantly improves its trading conditions, keeping pace with the latest developments and staying true to its mission to provide its clients with the widest opportunities for trading under one broker. The Company expanded its clients’ earning opportunities by increasing the maximum leverage for accounts with balances 5,000-10,000 USD from 1:200 to 1:500. Moreover, our customers can enjoy 1:200 leverage for accounts with balances up to 50,000 USD.
  • #4
  • Nov 13, 2014 11:49am Nov 13, 2014 11:49am
I am pleased to announce that we just opened up a corporate PayPal account and are currently working to implement it into our website. I will update you all when it is done!

We are very excited about this.
  • #5
  • Nov 17, 2014 11:32am Nov 17, 2014 11:32am
Our efforts to improve our clients' services are never ending, as this week we have launched our new Private Office area for clients to manage all of the Live and Demo accounts, Partnership (affiliate) account, funds and all of their personal information.

The improvements, aside from the aesthetics, are geared toward a more user-friendly experience which allows clients to perform tasks with a lot less navigation. Everything is now in one place and not segregated into multiple tabs like before. I have attached a screenshot for you to see.
Attached Image (click to enlarge)
Click to Enlarge Name: Private Office.png Size: 274 KB
  • #6
  • Nov 26, 2014 4:22pm Nov 26, 2014 4:22pm
We are now accepting PayPal payments! Currently we do not have PayPal implemented on our website, but we are ready and able to take these payments manually and credit your account accordingly. Just got out first client to deposit $1500 via PayPal and had his account credited within 5 minutes, along with a deposit bonus.

After you sign up, respond to my "welcome email" with the code "FFPP2014" and you will get a 1% discount off of your PayPal deposits through the end of 2014.
  • #7
  • Dec 29, 2014 9:25pm Dec 29, 2014 9:25pm
PayPal payments are now available via the Private Office! Once you make a PayPal deposit, your trading account will instantly be credited at any time of the day.

Further, all deposits via any of our payment options are free through the end of the year. So hurry up and make a deposit within the next two days to take advantage of the promotion we have been running for the past two weeks!
  • #8
  • Dec 29, 2014 10:05pm Dec 29, 2014 10:05pm
Quoting TradersWayJC
My name is Joe Carney and am a representative from Trader's Way. I am reaching out to members of the forum in case you have any questions or concerns that you would like to discuss. I will have a presence in the forum and will check this thread often. We are pleased to announce that we now offer one more payment option to clients – Bitcoin. The new money transfer option added into the Trader's Way Private Office will...
"Accepts U.S. Clients - We are out of the reach of the CFTC and thus can offer clients the same trading conditions that the rest of the world is able to freely enjoy."
I'd like to know more about TradersWay and account opening requirements.
What is the min. deposit accepted by TradersWay?
When withdrawing fund form TradersWay to PayPal, does PayPal charge any fees?
Do you offer accounts for corporations?
Thanks. DB
daddybearforex. com
  • #9
  • Dec 29, 2014 10:16pm Dec 29, 2014 10:16pm
Quoting DaddyBear
{quote} "Accepts U.S. Clients - We are out of the reach of the CFTC and thus can offer clients the same trading conditions that the rest of the world is able to freely enjoy." I'd like to know more about TradersWay and account opening requirements. What is the min. deposit accepted by TradersWay? When withdrawing fund form TradersWay to PayPal, does PayPal charge any fees? Do you offer accounts for corporations? Thanks. DB
Sure thing. Our minimum deposit to open up an account (any type of account that we offer) is $10 (or 10 Euros). To open an account, you simply need to go to our website - www.tradersway.com - and sign up by clicking Private Office > Open an Account. You then need to submit two account verification documents to us before you can make a deposit:
1) Picture of photo ID, driver's license or passport
2) Proof of address in the form of a bank/credit card statement or a utility bill. This document must show your name, address and a date within the last three months

After your account is verified, you could deposit via PayPal (if you send an eCheck, you will have to wait until it clears). All instant PayPal payments are credited to your trading account immediately.

For withdrawals, we are charged fees by PayPal which vary depending on the region in which the recipient resides. Therefore we have a simple, flat 1% withdrawal fee via PayPal and we cover the rest of the fees imposed on us by PayPal.

To open up a corporate account, you must submit the two documents above and also the following:
3) Incorporation documents
4) Any document that shows that you are indeed authorized to manage accounts/funds on behalf of the corporation. This separate document is only required if the above incorporation document(s) do not satisfy this requirement.


I hope this answers all of your questions. Let me know if you need anything else. Once you sign up with us you will get an email from me greeting you so you will be able to continue any discussion via email if you'd like.


Best,
Joe Carney
  • #10
  • Dec 29, 2014 10:25pm Dec 29, 2014 10:25pm
J.C. thanks.
Have questions about margin requirements.
Also, when hedging, is required margin waived?
DB

BTW, how about commissions?
daddybearforex. com
  • #11
  • Dec 29, 2014 10:33pm Dec 29, 2014 10:33pm
Also, may I trade any sizes on the same MT4 platform?
In other words, may I mix up mini lots and micro lots?

May I trade SPX 500 on MT4?
daddybearforex. com
  • #12
  • Dec 29, 2014 10:55pm Dec 29, 2014 10:55pm
Quoting DaddyBear
J.C. thanks. Have questions about margin requirements. Also, when hedging, is required margin waived? DB BTW, how about commissions?

Regarding margin requirements and hedging:
Hedged trades require only half the margin of the original trade. Take the following example - You trade 1 standard lot long on USDJPY with 1:100 leverage which thus requires $1,000 margin. You then short 1 lot of USDJPY. Now your used margin is $500.

Regarding Commissions:
When you initially place hedged positions, you are charged commissions for both sides. However you can close one position with another hedged position using the "Close By" feature in the MT4 platform. This will use one position to close another opposite position and you will only be charged commission for one of the trades. Does this make sense?

Regarding Lot Sizes:
On our currency pairs, you may trade 0.01 lots (micro lot) to 1000 standard lots. You can trade any sizes you'd like on any trades. We have the S&P 500 available on our platform as well; it is called .US500Cash in MT4 and the spread is 40 cents. The minimum contract size is 1.00 lots which is equivalent to 25 S&P 500 shares.

For further details on our MT4.ECN accounts (and a comparison between all of our accounts), please see the following pages:
http://www.tradersway.com/trading_conditions/mt4_ecn
http://ct.tradersway.com/comparison.html


Let me know if you have any further questions,
Joe Carney
  • #13
  • Dec 29, 2014 11:12pm Dec 29, 2014 11:12pm
Quoting TradersWayJC
{quote} Regarding margin requirements and hedging: Hedged trades require only half the margin of the original trade. Take the following example - You trade 1 standard lot long on USDJPY with 1:100 leverage which thus requires $1,000 margin. You then short 1 lot of USDJPY. Now your used margin is $500. Regarding Commissions: When you initially place hedged positions, you are charged commissions for both sides. However you can close one position with another hedged position using the "Close By" feature in the MT4 platform. This will use one position...
J.C. thanks a lot for your answers.
daddybearforex. com
  • #14
  • Dec 30, 2014 12:04am Dec 30, 2014 12:04am
Quoting DaddyBear
{quote} J.C. thanks a lot for your answers.
You are quite welcome.
We also have an affiliate program which pays you 25% of all of the commissions we receive from your clients. This is paid on a daily basis and the funds can be internally transferred to your trading account or withdrawn using any of our payment methods. I hope you're willing to give us a shot -- please contact me via email if you would like to discuss a partnership further (first you just need to sign up so I can see your email address in my back office).

Let me know,
Joe Carney
  • #15
  • Dec 30, 2014 12:12am Dec 30, 2014 12:12am
Quoting TradersWayJC
{quote} You are quite welcome. We also have an affiliate program which pays you 25% of all of the commissions we receive from your clients. This is paid on a daily basis and the funds can be internally transferred to your trading account or withdrawn using any of our payment methods. I hope you're willing to give us a shot -- please contact me via email if you would like to discuss a partnership further (first you just need to sign up so I can see your email address in my back office). Let me know, Joe Carney
Thanks for your offer. I prefer to keep a transparent relationship with my clients.
I got to know TradersWay through one of DBX users.
Will look into the possibility to open an account later.
daddybearforex. com
  • #16
  • Feb 13, 2015 12:24pm Feb 13, 2015 12:24pm
Hello traders. Unfortunately due to new US regulation, PayPal has suspended processing of Forex transactions. We are speaking with them to see if there is any workaround so we can continue to accept PayPal again in the future.

However, our other deposit/withdrawal options are still available. We just added NETELLER as our newest deposit option and will continue searching for viable alternatives.


Let me know if you have any questions about our services.


JC
  • #17
  • Feb 14, 2015 12:42pm Feb 14, 2015 12:42pm
Traders Way good broker my experience with this broker is very good.

Good work TSW.

One question traders way offers debit cards for withdrawal ?
  • #18
  • Feb 14, 2015 2:05pm Feb 14, 2015 2:05pm
Quoting XharpScalper
Traders Way good broker my experience with this broker is very good. Good work TSW. One question traders way offers debit cards for withdrawal ?
i am agree with you Xharpscalper i want to use this broker i have read their post i am from bangladesh can i know which withdraw option can i use from here as our country do not support paypal.

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  • #19
  • Feb 14, 2015 5:01pm Feb 14, 2015 5:01pm
Thank you XharpScalper and raselnet for your kind words; we work very hard to ensure that our clients' experiences are good and appreciate your feedback.

Unfortunately as of February 15th, 2015 (tomorrow) we cannot process any debit/credit card withdrawals for deposits made after this date. We apologize for the inconvenience but I will let you know that I am personally looking at another credit card processor at the moment (and constantly looking all over for all types of honest and stable payment processors) that will allow us to provide an even more flexible experience. I will post back here and let you know of any updates.

However, I would strongly suggest that you open up a Skrill account (and if you are not from the USA, perhaps even WebMoney or PerfectMoney). We actually just implemented NETELLER this past week which hopefully will be useful to many of you.

You can check out our payment options here: http://www.tradersway.com/payments

We allow withdrawals using all of the payment options at the above webpage except for credit/debit cards.


Hope this helps,
JC
  • #20
  • Feb 15, 2015 4:40am Feb 15, 2015 4:40am
Quoting TradersWayJC
Thank you XharpScalper and raselnet for your kind words; we work very hard to ensure that our clients' experiences are good and appreciate your feedback. Unfortunately as of February 15th, 2015 (tomorrow) we cannot process any debit/credit card withdrawals for deposits made after this date. We apologize for the inconvenience but I will let you know that I am personally looking at another credit card processor at the moment (and constantly looking all over for all types of honest and stable payment processors) that will allow us to...
Hi Joe,

Very nice to see a TradersWay presence on this forum.

This is indeed unfortunate news. My understanding of the law is it covers only "credit" cards and not debt cards. I could be wrong. Being in the US it seems the best option for me to deposit/withdraw would be Neteller?

I have a live (currently unfunded) account and a demo I've been using to evaluate both your service and the cTrader platform. Last Friday the demo account closed at 4:30pm NY. Is this normal? I've had a few live and demo accounts with different brokers and I've never seen one that closes on the 1/2 hour before. Not a big deal but I just need to know as the close took me by surprise. ... lol

Thank you sir,

Chris
Ghost Rider - WWTBMD?
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