Abstract:WaysTrade is a broker. Trade various instruments include forex, commodities, futures, cryptocurrency, metals, and stocks. The broker also provides four accounts with a maximum leverage of 1:400. The minimum spread is from 0.3 pips and the minimum deposit is $100. WaysTrade is still risky due to its unregulated status.
WaysTradeReview Summary | |
Founded | 2021-01-31 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Forex/Commodities/Futures/Cryptocurrency/Metals/Stocks |
Demo Account | / |
Leverage | Up to 1:400 |
Spread | From 0.3 pip |
Trading Platform | Waystrader(PC) |
Min Deposit | $100 |
Customer Support | Phone number: +357 95902295 |
Email: support@waystrade.com | |
Telegram/Facebook/YouTube/Instagram/Twitter/WhatsApp |
WaysTrade is a broker. Trade various instruments include forex, commodities, futures, cryptocurrency, metals, and stocks. The broker also provides four accounts with a maximum leverage of 1:400. The minimum spread is from 0.3 pips and the minimum deposit is $100. WaysTrade is still risky due to its unregulated status.
Pros | Cons |
Leverage up to 1:400 | Unregulated |
Various tradable instruments | MT4/MT5 unavailable |
Spread as low as 0.3 pip | No 24/7 customer support |
Inaccessible official website | |
Demo account unavailable |
WaysTrade is not regulated, making it less safe than regulated brokers.
WaysTrade offers a wide range of market instruments, including forex, commodities, futures, cryptocurrency, metals, and stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Futures | ✔ |
Cryptocurrency | ✔ |
Metals | ✔ |
Stocks | ✔ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
WaysTrade has four account types: standard, ECN, ECN Pro, and ways copy. Traders who want low spreads can choose an ECN Pro account, while those with a small budget can open a standard account.
Account Type | Standard | ECN | ECN PRO | Ways Copy |
Initial Deposit | 100$ | 1000$ | 3000$ | 500$ |
Spread From | 1 pip | 0.8 pip | 0.3 pip(Floating) | 1 pip(Floating) |
Maximum Leverage | 1:400 | 1:200 | 1:200 | 1:400 |
Order Volume | 0.01-500 lots | 0.01-500 lots | 0.01-500 lots | 0.01-500 lots |
The spread is from 0.3 pip. The lower the spread, the faster the liquidity.
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
WaysTrade provides a proprietytrading platform available on PC for trading, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
Trading Platform | Supported | Available Devices |
Waystrader | ✔ | PC |
The minimum deposit is $100. WaysTrade accepts Wire Transfer, Perfect Money, Citibank, Bitcoin, and more for deposit and withdrawal. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.
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