TradersWay Review: Is TradersWay a Scam or Legit (2020)
TradersWay Review: Is TradersWay a Scam or Legit (2020)
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TradersWay(Forex/CFD Broker) Now Accepts Bitcoin for Deposit and Withdraw
I just got the following email. This is really exciting for global Forex traders. September 16, 2014. TradersWay, a prime on-line FOREX and CFD broker, is pleased to offer a one more payment option to its clients – Bitcoin. The new money transfer option, added into TradersWay Private Office, will make deposit and withdrawal operations easier and more convenient. From now on, TradersWay’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. TradersWay 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.
Is there a way to merge my TD Ameritrade, Acorns, and Stockpile? I also have a ForEx account with TradersWay that I manipulate through MetaTrader4.
It would be so nice to have them all merged into one platform or tool where I can manipulate them all from one point of reference. Also, could somebody please ELI5 why I should keep Acorns or Stockpile? how exactly do they work?
Bitcoin Volatility Not Enough for You? Forex Broker TradersWay Now Accepts Bitcoin for Deposit and Withdraws.
I just got the following email. September 16, 2014. TradersWay, a prime on-line FOREX and CFD broker, is pleased to offer a one more payment option to its clients – Bitcoin. The new money transfer option, added into TradersWay Private Office, will make deposit and withdrawal operations easier and more convenient. From now on, TradersWay’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. TradersWay 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.
Hey guys! after quiet successfully trading crypto (and yes real trading not hodling lol) I wanted to move some of my account size to FX. I used ICmarkets to trade demo but am now looking for a broker which let´s me deposit crypto and then trade FX normally against EUR or USD. Found some but always interested in your opinions as most of broker reviews out there are fake.... Someone here can recommend me a broker? Thank you very much!
Ok so back in November 28 2018 I went into my chase branch and had sent a wire to traders way in the amount of 8k because forex.com had closed my account. Everything was going good but was taking forever for the money to be posted even after the expected arrival date(December 5th). Multiple emails were exchanged with them and on December 14 that’s when they noticed that the account number was wrong. It had contained an extra 0 so it was sent to the wrong account account. Called my bank and they were able to fix it. They got the money back from the wrong account and proceeded to send it to the correct bank account. I sent traders way multiple emails saying that it was fixed and trying to get any updates but they too forever. Almost 2 weeks just to get to me back but the said they still did not receive the money. Called my bank and they confirmed that the money was sent and they got it while tradersway states they did not revive it. Little bit of back and fourth of that and finally got tired of this so on January 14 did a wire recall and it’s been over a month of waiting. Their banks don’t respond back to my bank and every day that passes I see the chances of getting my money back less and less. Like wtf
Wtf! Anybody else know why tradersway (new account there) would close up shop an hour earlier than ICmarkets, Oanda, and forex.com? Try moving a few SL for the weekend gap and the fucking traders way was locked up while other accounts were still moving. Glitch or normal for them? Does this suck for other folks as well?
Earlier I posted this: https://www.reddit.com/Forex/comments/6wmz8s/can_someone_tell_me_how_this_happens_gpbjpy/ Read that for the back story. Tradersway responded to the problem with this: https://imgur.com/gallery/tF8BE The problem is that trading has everything to do with psychology. They haven't the slightest clue what all of these trades would have been had the correct prices been quoted in the first place. The second problem is that my dad's takeprofit was much more generous than his stoploss. Will the "real market price" at the time the fake market price hit his takeprofit be well below his stoploss? He could end up with significant amounts of negative money. Tradersway makes enough money. They should eat the cost. There's no way to do this fairly. Or am I crazy? TL;DR (images have a lot of text) my broker and my dad's broker (FxPro and Tradersway, respectively) went in opposite directions on the same trade - 200 pip difference. Two days later Tradersway made a statement blaming their liquidity partners and saying they would adjust the trades to reflect "real market prices". I don't think it's possible to undo.
Trader’s Way is based in Dominica and offers Forex, Commodities and Indies on MT4,MT5 and cTrader. You have choice of 4 accounts with them with no minimum deposit requirement. They offer both fixed and variable spreads and the commission and leverage vary according to the account you choose. The lowest commission being zero and leverage being 10X is and the highest commission being $2.5 per 100k and leverage 1000:1, respectively. The broker stand out in the list of payment methods they offer clients for deposits. However, there are heavy fees on depositing and withdrawing with them. What stands out? Minimum deposit only $1 High Leverage Platform Choice – MT4, MT5, cTrader Multiple deposit and withdrawal methods Accepts US, Canadian and is NON ESMA Trust factor- 4/5 Cons- Poor client support High Deposit and withdrawal charges Scam alert- NIL PS- The review is based on facts collected from internet as well as other forums and after testing the broker's Demo by our moderators. Let us know what you think about the broker in the comments below and/or if you hold a different view that what has been said above.
So, I'm a newly enrolled student to Business and Economics at a university in Western Canada. Long story short, loans means I don't have much money. Being a whole new person interested in Forex (and doing pretty well on a demo account I may add): I came across a website called "Trader's Way". It interested me quite well. Mainly because of what they've advertised. Here's the website for Trader's Way: http://100.tradersway.com/ Here's what their website claims: - Low spreads as low as 0 pips - Minimum $1 deposit - ECN account for minimum $10 deposit - 1:1000 leverage - Minimum order size of 1 micro lot - Scalping and hedging allowed - 100% bonus up to $5,000 USD So, my question is... Is this for real? Am I just being sceptical? Is there something I should be aware of? If there are people out there who have tried or have knowledge on these types of companies that provide these "best trading conditions possible" types of deals - please let me know if they're actually worth it. Sure, it's $10 USD I can try. With a 1:1000 leverage, I'd probably lose it in no time. And for those experienced traders out there, let me know what's your take on this! As a beginner, some of you may hold invaluable information. Your responses are very much appreciated! , Kohtem
To summarize my experience with the "product." It is 99.9% stalling and wasting your time with shit like this https://www.youtube.com/watch?v=za3tUUoj2iQ and hyping their own products. Dudes acting like "whaaaaaaaa" and showing phone screens with profits. Facebook is flooded with these people showing off how their boy "[insert name here]" is selling money and yada yada. Most of the content they post and host is just recruitment hype videos to bring more people in. Seriously... Like all day every day it felt like. Most the videos feature some hipsters and text screenshots of them being like: "OMG I gots some mad pips brah, 100 million pipz lulz #winning [intense sarcasm]." Do yourself a favor and unfriend anyone who tries to sell you this shit. Because they are not your friend, and they view you as a $35 a month paycheck if you sign up. Most the common stuff you see in groups is people touting the wins, but don't fool yourself... Everyone is keeping their losses quiet because no one wants to make a fool out of themselves. I mean who makes videos of them watching someone else in video chat? Someone who doesn't know what the hell their doing or how to work technology... Which they happen to have some miracle program that will "change" your life. Oh, and the haters, HA you should just ignore them because they all don't like grape koolaide. TL:DR Oh, look ma some YOLO saying swag fags are saying they can teach me to make mad bread. But it is just a job selling a job selling jobs to other people who in turn will be selling said jobs to others who will do the same. 4/24/16 EDIT This is the kind of shit that constantly keeps popping up in my feeds and spamming my cell phone in texts. I just got started with Global Visionariez and iMarketsLive, What is next?! First off, Welcome to our family! My name is[removed name of person] Founder of GV, an organization that is changing lives and lifestyles around the globe. It's an honor to have you apart of the revolutionary team where our visions align towards a common cause. We have some of the best leadership hand to hand with the greatest opportunity in the game right now, which makes it a complete power house! The goal is the be able take the average person and have them take the road less travelled towards becoming an entrepreneur and attaining true freedom! The skills you will learn working along side with GV and IML are long lasting skills that you can pass down for generations to come and will help you develop and craft yourself into becoming the best version of yourself. We live by the Triple T's; TRADE. TRAVEL. TRANSFORM. Lifestyle by design. As we believe these are some of the main 3 keys towards freedom and happiness! 📈.✈.🚧. Let's get started, you just bought your new car, now let's adjust the seats it to how you like it and what you want. The first thing you want to do is be able to get activated on your services and plugged into the sessions. 🔌 STAY PLUGGED IN AROUND THE CAMPFIRE 🔸 Subscribe To GV Updates [removed link] 📡Want to EARN before you LEARN and get connected to the Automatic Mirror Trader? [link removed] (1) FIRST create your broker account (Trading Funds Account) Choose the broker of your choice, we suggest Tradersway or FXCM 🔸 Tradersway ($8/month on FxSignalsLive - Better Leverage) INCLUDING PROMOTION (Less Deposit Fees, 18+, Deposit Bonus) [link removed] 🔸 FXCM (FREE on FxSignalsLive): [link removed] (2) How To Set Up Your Mirror-Trader? [more yolo swag links removed...] 📈📉 Want to start trading yourself? It's CRUCIAL to LEARN before you try to EARN trading yourself! Practice, practice, practice before you go LIVE. RULE #1, Don't EVER EVER EVER try to PREDICT the markets yourself, Don't have a gambling mindset! Be smart, Be strategic. Start with a DEMO account until you feel comfortable enough to trade with REAL money (30-90+ DAYS). If you want to start trading your real money deposit and connect with an MIRROR-TRADER [link removed] and trade with Chris Terry during LONDON / NY Sessions! Keep in mind, TRADING is 80% Mental (Psychology) and 20% Fundamental (Skillset) 📚(1) EDUCATE YOURSELF (STUDY more than you TRADE): 🔸 IML EDUCATION: Log into imarketslive.com -> TRADING -> TRADING LIBRARY 🔸 BEGINNERS KNOWLEDGE A-Z: [link removed] ; ⚠COMPLETE Pre-School before trading live 🔸 GVWSA COURSE: [link removed] ($50 one time) 🐾GV WALLSTREET (GVWSA): Train with Quillan Black through his legendary discounted course for IML members ONLY for $50 one time, completely up to you if you would like access, feel free to ask anyone around GV if it was worth it. If you plan to go to the next level trading and marking up charts you want to plug in ASAP! (2) SET UP MT4 (Trading Platform) + IML HARMONIC SCANNER 🔸 Download "MetaTrader 4" through App Store 🔸 Download MT4 / Scanner (Windows) [link removed] 🔸 Download MT4 /Scanner (MAC) [link removed] ⚠ Make sure you go through the Harmonic Scanner Course in IML Backoffice before you start using it. The Harmonic Scanner is primarily a confirmation tool to combine with your own analysis do NOT take trades off of it based of its entry calls, it is not 100% right neither would any software ever be. Use this in the right way and you will rock your world! (3) TRADE and LEARN with C. Terry 🔸 LONDON SESSION (Tues, Wed, Thurs) ⏰ 2am EST - 3am EST [more links removed] 🔸 NEW YORK SESSION (Mon - Fri) FOREX + FUTURES ⏰ 8am EST - 12pm EST [link removed] FULL RISK DISCLOSURE: Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. 🗣 Paid sharing a retail service that is teaching you a financially independent skillset and helping you generate wealth in the worst economy? The FACT that you can potentially earn RESIDUAL income by sharing (marketing) a service that you would share for free anyways! The average MILLIONAIRE has 7 streams of income and never puts all of their eggs in one basket, especially throughout your journey of becoming a trader, the comfort of knowing you have a weekly residual income while you are trading in the markets truly powerful! YOUR FIRST GOAL ASAP........PERFECT STORM BONUS IN YOUR FIRST 14 DAYS. How to SHARE: What is Forex?: [link removed] What is IML (Overview): [link removed] Compensation Plan PDF: [link removed] Compensation Plan Video: [link removed] **TAG THE NEWEST MEMBER TO HAVE THEM START OFF THE RIGHT FOOT👇👇👇 edit 2 Removed links from post, I apologize I didn't notice the rule for this subreddit and fixed it before an admin got onto me. =) Edit/update 3* 5-21-16 Been a while now, still end up getting spam texts and other crap in my inbox on social media and email.
I'm pretty new to the whole Forex thing and I'm looking for a broker. I've come across some confusing and conflicting information about whether US citizens can use foreign forex brokers and use higher leverage and trade CFDs and the like. From what I know, I believe the answer is "no" thanks to the recent Dodd-Frank legislation, which forbids foreign exchanges from serving US citizens without being registered with US regulators. However, although I'm personally living, working and residing in the US, and am subject to US taxes, among other things, I'm not a US citizen. So my questions are:
As a resident alien, am I subject to these regulations?
If someone subject to these regulations opens a foreign forex brokerage account anyway, what's the penalty?
Are there any issues with foreign forex investing and tax?
Can anyone recommend a good lawyer to talk to about this? (I'm in CA if it matters)
I had a brief look at the text of the act itself but apparently it's nearly 900 pages long. EDIT: Reading into it more, it seems the penalties are generally imposed on the brokers themselves under "Memoranda of Understanding" between the US and various countries. It also seems that the restrictions do indeed apply to residents as well. At least the brokers that make a statement on the matter use the word "resident". It seem mainly the media and forums that use the word "citizen". My impression so far is that some brokers operate in countries that aren't subject to the memoranda and as such are outside the jurisdiction of the US regulators, so continue offering services to US citizens/residents. There's a good list of foreign brokers that work this way here. Tallinex, Tradersway and Fxchoice seem to be the main ones. Out of those only Fxchoice appears to be regulated but it's not clear whether it's selling ECN (they call it "NDD") or not.
What a forex trader should know before he starts trading with Traders Way on Forex-Ratings.com ... Tradersway is a ripoff, I took a 300 deposit to 17k and withdraw half, I had 3 winning trades opened at 500 profit and 9800 left in my tradersway account. Someone opened up crazy trades with outrageous lot sizes and wiped it down to 900. Tradersway is an unregulated offshore forex broker that will appeal to the trader looking for a large choice of cryptocurrency deposit methods such as Bitcoin, Dash and Litecoin. See our Trader’s way review of this ECN broker for trading. I've been using tradersway for ECN trading for the last few months, just wondered if there are other brokerages that offer similar low spreads. So far, I'm not yet to come across one with the same low spreads I get here but feel free to list some. ... Forex Factory® is a brand of Fair Economy, Inc. No TradersWay is not regulated Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any way it wishes. Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
How to setup & fund your Tradersway account - YouTube
This is a video walking you through how to setup and fund a trading brokers account through tradersway. UPDATE - TradersWay Withdrawal Update September 2019: https://youtu.be/TMMnjwpErnE Step By Step Tutorial on How To Deposit & Withdraw Forex Funds From Trader... Forex brokers Choice and why I left Tradersway Choosing Unregulated Forex brokers vs Regulated Forex brokers I was going to go with back to LMFX premium live... TradersWay Review for 2020 serious traders Must Read! Trader's Way is a no dealing desk/STP Forex broker that provides traders with a range of interesting tr... Please join veteran forex trader Wayne McDonell on www.tradersway.com as he shares his market outlook based on over 10 years of experience as a currency trad...