Topic: Forex Broker - Trader's Way Free Bitcoin Deposit/Withdrawal (Read 11523 times)

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Thank you for your inquiry. That is a good question. We are considering the legal aspects of this but as of right now we have not yet created Bitcoin-specific accounts. Bitcoin is a deposit/withdrawal option, but our clients are also able to deposit and withdraw using our other payment options into the very same accounts, thus requiring ID and a utility bill to comply with AML guidelines.

I prefer metatrader 4, not sure about the difference between 5 but i think theres not much.
if the Traders way allow depositing balance through bitcoin, does it mean they don't also need personal information and ID verification and utility bill?

Bitcoin deposits and withdrawals have absolutely no fees on our end now. Deposits are processed to your account in approximately 2-3 hours and withdrawals are processed by the next business day.

Feel free to post any questions here about our services. I look forward to working with more clients from this forum! We have received many already. 

Another incorrect claim:


On the account for which you have supplied your screen shot, you have two such orders from August 10th:

7854888
7854901

Both of these orders were pending orders on EURUSD and both were cancelled by our server. This is because your account did not have enough free margin available to open the trades when it came time for them to be activated. The activation process is as follows: 1) Price moves to specified level and activation request is created, 2) Margin is checked -- if enough margin --> fill order; if not enough margin --> delete pending order.

Both of these order numbers above have the following comment on them in the MT4 platform (these comments can be seen by going to Account History, right clicking an order and making sure the "Comments" setting is checked) -- "deleted [no money]"

There were two more such orders last week with which the same thing happened:

7729456
7712242

These occurred on the 3rd and 4th of this month. I have only checked this one trading account and not your other one, but we do not go and delete people's orders or anything like you are insinuating. We have many thousands of clients worldwide many of which have very sizable deposits. Everyone is treated fairly. I see you have not withdrawn all of your funds neither. Please instead be respectful and send an email asking for clarification on issues (or post a respectful request here). There is no need to post on Twitter that we are "scumbags" without actually speaking with us first.


JC

See my post above to clarify any confusion.

Pinky,

Good catch you are exactly right. OwnZor is comparing candles that do not correspond with one another. I have attached the screen shot below to illustrate this.

https://cdn.pbrd.co/images/2Ch1ADBa.png

Zoom into it and look at the dates each candle corresponds with.

nope; all that was within market hours; managing several 10k+ accounts so not that much of a noob; so it's either they are incompetent or just making bad quotes to reduce fees (came here because it was cheap; now i may have the reason why)

have fun everyone 

Check their trading hours. On Friday they close one hour before the rest of the FX market. This is nothing unusual. Maybe that's why your orders didn't get filled?

compare standard price versus their price; check screenshot attached to tweets. (there was a previsible stop run above the short term highs everywhere except on tradersway)

that + orders not going through when favorable.

this morning trade + 500 pips audusd markets.com
this morning trade + 750 pips aud usd avatrade.com
this morning trade on tradersway - not filled. one week of trading here; one week of bad quotes and shenanigans with orders (that i can't prove; just witnessed 2 times where my orders where simply cancelled when I was afk; obv good calls.)

whatever i send $1500 to try it out because it was quite cheap. result avatrade last week about 22% result markets.com about 15% result tradersway.com about -5%; obv that's not a proof of anything but whatever. I'm cashing out; thought i'd share so nobody gets fucked simply because they accept bitcoins.

cheers.

Hm, and what's the problem?

https://twitter.com/TheRektoning/status/630661861428604928

We actually no longer accept PayPal as earlier this year PayPal has decided that it cannot process Forex Transactions; I cannot speak on the basis of their decision, other than that this decision took place at the same time as the NFA announced the new Credit Card rules in the United States. PayPal has also stopped processing transactions for other Forex Brokers that previously accepted it based on my observations.

However, regarding our payment methods in general, we require clients to first withdraw their original deposit back using the same method. So if a client deposits $100 in Bitcoin, he or she must withdraw the first $100 in Bitcoin and any profits can be sent via Bitcoin or any other method.


Hope this helps,
JC

Let me see if I understand this...
We can deposit BTC to our accounts, and then after can we withdraw to PayPal?

We have just recently added a new liquidity provider and our spreads are lower now. Further, we have increased the speed of Bitcoin (and other) withdrawals!

Take a look and give us feedback when you use our services please 

Thank you for taking the time to leave feedback on our thread, as it is good information for the community to see.


JC

Just to post that I got my withdrawal with pretty good rate, much better than deposit.

I am your account manager and you are our client, so it is helpful to know who is who.

We purchase the Bitcoins at the prevailing market price when the withdrawal is processed and we send them over to you at that time. We do not do any average price. When our Payments Department begins to process the order, that is the exchange rate that you get. Your coins are purchased at the price on BTC-e.