LENDERS INVESTMENT CLUB
Tradersway Awesome broker! Try their ECN account and get free and direct access to the market. Never miss a trade!!
Trader's Way is a no dealing desk/STP Forex broker that provides traders with a range of interesting trading opportunities. Specifically, Trader's Way offers markets in the Forex, Stocks, Energies, Commodities, and Metals industry using a MetaTrader 4 platform. There are no limits if you sign up with a broker on Trader's Way and you have four account possibilities to sign up with.
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A nice feature about the trading conditions at Trader's Way is that the minimum deposit is $5! They provide both live and Forex practice accounts to help you get started and depositing or withdrawing money is very simple.
please note that foreign exchange and other leveraged trading involves potential risk of loss. It is not suitable for all investors and you should make sure you understand the risk involved, seeking indepeddent advice if necessary.
A bonus for signing up with Trader's Way is a 100% deposit bonus. We would like to see more promotions available on their site, however for now that is what's available. Perhaps more importantly, we discovered during this Trader’s Way review that the brokerage is not regulated, which is something that we cannot easily overlook. Equally concerning is that the broker says straight out that they do not require any documentation to open an account – you will only need documentation to deposit via credit card and to withdraw.
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The brokerage offers both fixed and variable spreads on their standard accounts, as well as ECN and micro account options. While this sounds like a nice range of offerings, we often find that brokers focusing on one specific offering or trading type are more focused and easier to work with.
Review info :
Broker reviewed : Traders WayRating : 7 out of 10
Reviewed By : Sara PattersonReview Date : 2013-04-03
The Demo account (demonstration account)
Is a trading account that works with virtual money. You cannot deposit or withdraw funds from the account. You will find $100,000 worth of virtual funds in your Demo account right after opening. Unlike the majority of other companies, we give you a chance to open a Demo account that is no different to the groups of our real accounts. You can test-drive any account type and make your final selection with confidence, taking into consideration the results of your work in demo mode.
The trading conditions of Demo accounts are almost identical to the trading conditions of real accounts with Advisers enabled. Trade, learn, work out a strategy, test your Advisers – we allow you to do all of that, absolutely free of charge! But keep in mind that there is a major factor missing while trading in a demonstration environment – the psychological pressure, the fear of losing money. Therefore, we recommend that after some practice, you should transition to the next phase by opening a real account with a small deposit.
