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Not a complaint, but an observation.
For those of you who lost their money, I have some observations. I have traded on live accounts in the past and blew my accounts in the USA and overseas. I did so because I didn't have enough patience to learn trading before I traded a live account. Since blowing my account, I've been trading a demo account for about a year to get familiar with how the market moves and how each pair moves (and they all move differently).
1.) Don't take a bonus when you make a deposit unless you fully understand the terms and conditions of taking that bonus with regard to withdrawals.
2.) Don't expect to make a fortune overnight with a $100 account especially when you trade with EXCESSIVE leverage and EXCESSIVE lot sizes as this will destroy any live account with ANY broker!
3.) If you want to make fast money, don't trade Forex with a tiny account and insufficient knowledge of how to trade or how the market moves.
4.) Find a rules-based trading system from a reputable trader and stick with it.
5.) Bottom line: "Don't blame the cow for soggy cereal"!
I get tired of listening to "newby" traders who blow their accounts because of their "inexperience" and "emotional" trading and then blame the broker.
Desired outcome: I hope the "retail traders" listen and try to obtain trading experience before blaming any broker in Forex.
Trade did not execute trades correctly. Unethical behaviour
Please view my attachments, everything is detailed in the attached forms including dates, times and full description of the incident.
PS: Account number with TW: 587605
Thank you
Fraud company
Hi every one i have invested 500 $ in the company called tradersway and after that i made some 800 $ profit in 2 days but when ever i was making profit these people were calling and telling me to hold the deals and theatening me that they will block my account but any ways god was with me i holded the deals and got 800 $ profit . then i thought this company is money making and they are practicing bad practise by not investing our money into market. They didnt even gave my profit and finally i requested to give back my 500$ back. So pathetic and cheating company. I request every to read this message seriously because i want to save other people by not investing into this company.
The complaint has been investigated and resolved to the customer’s satisfaction.
I've been trading with Trader's Way for a number of years. I had never had any issues with them. This last month I've noticed 4 internal transfers to old accounts with a zero balance, no longer used from my active trading account. I repeat all balances were zeroed out. Digging down, the transactions are listed as replenishment. What is there to replenish on an account with zero balance. I've contacted their finance department to see what is going on and will update after they make contact. Be careful, it's starting to smell bad.
I have started using their service recently but I'm afraid that I wont be able to take my money when I make a profit. I've heard stories of people who made 25, 0000 in two weeks by investing only $700 but the company will not let them take their profits out. What the f kind of company is this? I may change my broker if these stories are true.
Hi All,
CFX Education is complete fraud they are doing scams by this account. I made payment of 13 Lakhs and lost it, they are frauds who are well trained in cheating
I have complete information if anyone needs please mail me
Earlier it was TradersWay now it is Traders TFX A COMPLETE SCAM. Need sue those who is making money without any effort
Bleady [censor]
Trader's Way has an excellent reputation in some of the forums I visit and are considered a solid broker to use. I have no account with them but I'm considering using them as a secondary backup and offshore broker because I want more leverage. Therefore, I'd be interested in knowing the truth and getting details.
That said, let's address the complaints posted here so far because they mostly read like ignorant amateurs angry about their losses and a need to place blame somewhere without any logic or facts to back up the claims. This pisses me off because you could be telling the truth but no one can take you seriously and you allow a bad company to proceed or you are idiots besmirching a companies reputation. In either case, such stupidity ruins what this site is all about.
In reference to Santhosh Rai's December 21nd complaint - I have no idea why you attached the document you did. It proves nothing. Further, your complaint makes very little sense. Can you provide email correspondences and screenshots of those trades? Very little detail. Please clarify and provide some proof.
In reference to Indy500's November 11th complaint - you'll find "stop hunting" complaints all the time by ignorant amateur traders against the best brokerages out there so I give it no weight. It's usually bad traders places their stops in very bad locations. Whenever I place my stops in bad places (ie., right at support/resistance or just outside it), I get nailed too. That doesn't make a broker bad. Forex is volatile.
In reference to standard's June 22nd complaint - A company has the authority to close your account at any time they desire. You need to provide more details about your complaint to give it any credibility. Maybe you traded a tiny account, were over-leveraged and your margin call was automated. This happens a lot to small traders. Provide more details because you provided no substance.
This company closed our account without authorization, and keep from trading. Deceptive company. Please be careful, when dealing with them
I also had a very bad experience with them I lost money due to them chasing that the my stop losses moving them the market over I hope they go out of business
Is Trader's Way legit?
Trader's Way earns 70% level of Trustworthiness
Good Credibility Notice: Trader's Way rated around 70% by Complaints Board. Generally safe, but exercise caution in information sharing.
The age of Trader's Way's domain suggests that they have had sufficient time to establish a reputation as a reliable source of information and services. This can provide reassurance to potential customers seeking quality products or services.
Tradersway.com has a valid SSL certificate, which indicates that the website is secure and trustworthy. Look for the padlock icon in the browser and the "https" prefix in the URL to confirm that the website is using SSL.
Tradersway.com has been deemed safe to visit, as it is protected by a cloud-based cybersecurity solution that uses the Domain Name System (DNS) to help protect networks from online threats.
This website offers payment methods that provide the option for customers to get their money back, which could be a positive indicator of the company's commitment to customer satisfaction.
However ComplaintsBoard has detected that:
- Website's registrar is popular among scammers, it means that a significant number of scammers have used that registrar to register domain names for their fraudulent websites. This can indicate that the registrar has lax verification processes, making it easier for scammers to register domains without providing accurate information.
- Trader's Way protects their ownership data, a common and legal practice. However, from our perspective, this lack of transparency can impede trust and accountability, which are essential for establishing a credible and respected business entity.
- Complaints Board has received reports that the website may be a possible fraud. To protect yourself, consider using a different website. If you find that the website is indeed fraudulent, report them to us, to help protect other consumers.
- We have identified high risk financial services or content on Trader's Way's website. It is recommended that you use trusted sources and do your due diligence before engaging with any offers or services.
- We conducted a search on social media and found several negative reviews related to Trader's Way. These reviews may indicate issues with the company's products, services, or customer support. It is important to thoroughly research the company and its offerings before making any purchases to avoid any potential risks.
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Trader's Way phone numbers+1 (849) 937-0815+1 (849) 937-0815Click up if you have successfully reached Trader's Way by calling +1 (849) 937-0815 phone number 0 0 users reported that they have successfully reached Trader's Way by calling +1 (849) 937-0815 phone number Click up if you have UNsuccessfully reached Trader's Way by calling +1 (849) 937-0815 phone number 0 0 users reported that they have UNsuccessfully reached Trader's Way by calling +1 (849) 937-0815 phone numberUS+44 208 144 2210+44 208 144 2210Click up if you have successfully reached Trader's Way by calling +44 208 144 2210 phone number 0 0 users reported that they have successfully reached Trader's Way by calling +44 208 144 2210 phone number Click up if you have UNsuccessfully reached Trader's Way by calling +44 208 144 2210 phone number 0 0 users reported that they have UNsuccessfully reached Trader's Way by calling +44 208 144 2210 phone numberUK
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Trader's Way emailsesp@tradersway.com99%Confidence score: 99%support.in@tradersway.com98%Confidence score: 98%supportpayments@tradersway.com98%Confidence score: 98%sales@tradersway.com98%Confidence score: 98%saleshelpdesk@tradersway.com97%Confidence score: 97%supportsupport@tradersway.com97%Confidence score: 97%supportrus@tradersway.com96%Confidence score: 96%compliance@tradersway.com96%Confidence score: 96%partners@tradersway.com95%Confidence score: 95%
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