BrokersView
Search
Download
English
Sign In

Trader's Way

Save

Operating status: SCAM

Website: https://www.tradersway.com/

Broker violations and abnormal records
  • 2021-12-01 BrokersView has reviewed that Trader's Way is an unregulated forex broker

    Trader's Way claims to be registered in Dominica, however, Dominica is an offshore zone which does not require minimum capital requirements that shows company sustainability, as well as does not regulate Forex services and activities. Therefore, the brokers located in Dominica are not subject to strict laws and principles of operation. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

    Trader's Way claims to be registered in Dominica, however, Dominica is an offshore zone which does not require minimum capital requirements that shows company sustainability, as well as does not regulate Forex services and activities. Therefore, the brokers located in Dominica are not subject to strict laws and principles of operation. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Related Complaints

Q&A

How many bonus does Trader's Way offer?

Gary Lester
Oman
2023-04-04
ANSWER Trader's Way may offer tempting deals, but it is an unlicensed broker.Trader's Way claims to be located in Dominica, a well-known offshore center, and provides no information about its regulatory status. This is a warning sign because it means that the broker is not authorized to provide financial services or products, as legitimate brokers always present their accreditation and licenses prominently.Regarding your question, we strongly advise against dealing with Trader's Way since it is an unlicensed broker. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we suggest investors avoid such unlicensed brokers as Trader's Way and choose the fully regulated ones instead.
See more

2 comments

josue de moraes
Trader's Way is the biggest scam. Please deposit the money in the bank or draw at home. Don't trust these people. They take your money, and two days later, they ask you to invest more from 2,500. And when you say no, they get angry and go crazy. And the money you're investing is gone(most of the time). By the way, their account managers are very persuasive. Please pay attention to these people. They are trained to cheat.
2023-05-28
Reply
mawan
They are a huge scam. They will not let you withdraw your funds and will impede all your honest efforts. The broker was unregulated and dishonest. I have been trading on Trader's Way for about 6 months and have made a profit of about 300%. Finally, when I tried to withdraw money, they would block and refuse. Then, they will ask for a bank statement to prove that you made the deposit. Once you send the email, they still won't accept it. Instead, they ask for proof of deposit from a bank account that doesn't even belong to you. Who can do that? After that, they didn't respond at all.
2023-05-28
Reply
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.