Comparison of FXOpen and Trader's Way
| Feature | FXOpen | Trader's Way |
|---|---|---|
| Broker | ||
| Year Founded | 2005 | 2011 |
| Broker Type | MM, STP, ECN | ECN, STP |
| Dealing | A-book, B-book | NDD |
| Execution | Market | Market |
| Regulation | FCA, CySEC, ASIC | AFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:1000 |
| Minimum Deposit | $1 | $10 |
| Base Currencies | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC | USD, EUR, CAD, GBP, BTC |
| Funding Methods | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) | Credit/Debit Card, Bank Wire, Local transfers, Skrill, Neteller, TC Pay, Perfect Money, Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), XRP (XRP), Toncoin (TON), USD Coin (USDC), Stellar (XLM) |
| Inactivity Fee | $10 per month after 12 months | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | - |
| Protection Size | £85 000 / €20 000 | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✖ |
| Guaranteed Stop Loss | ✔ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Metals, Energies, Cryptocurrencies | Forex, Metals, Energies, Cryptocurrencies, Indices |
| Review | FXOpen Review | Trader's Way Review |
About FXOpen
FXOpen is a well-established forex broker founded in 2005, recognized for its commitment to providing a transparent and reliable trading environment. Catering to both novice and experienced traders, FXOpen offers a wide range of trading instruments, including major and exotic currency pairs, commodities, indices, and cryptocurrencies. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and TickTrader, ensuring that traders have access to advanced tools and features for effective trading. FXOpen is regulated by several reputable financial authorities, which enhances its credibility and ensures the security of client funds. Additionally, FXOpen provides various account types to suit different trading styles and offers competitive spreads, leverage options, and robust customer support, making it a popular choice among forex traders worldwide.
Pros
- Regulated by multiple reputable financial authorities
- Offers MetaTrader 4, MetaTrader 5, and TickTrader
- Access to numerous currency pairs, commodities, indices, and cryptocurrencies
- Provides tight spreads and flexible leverage options
- Multiple account options tailored to different trading needs, including micro, standard, and ECN accounts
- Responsive and knowledgeable support team available through various channels
- Efficient order execution with minimal slippage
Cons
- Fewer promotional bonuses and incentives compared to some other brokers in the market
- Some accounts may charge inactivity fees if there are no trades over a certain period
About Trader's Way
Trader’s Way is an offshore ECN/STP broker founded in 2011 and registered in Anguilla. With a $15 minimum deposit, leverage up to 1:1000 and four account options, the firm delivers raw spread ECN trading on MT4, MT5 and cTrader, plus copy trading, VPS hosting and a 100% deposit bonus. Crypto funding is supported, but the broker offers no negative balance protection.
Pros
- $15 entry deposit and 1:1000 leverage
- MT4, MT5 & cTrader with copy‑trading
- Raw spreads from 0 pips
- Crypto deposits/withdrawals and 100% deposit bonus
- Free VPS for active traders
Cons
- Offshore entity
- No negative balance protection
- Limited range outside FX & crypto (no shares/ETFs)
- Withdrawals processed in up to 48 hours
- Educational resources basic vs. top‑tier brokers
FXOpen & Trader's Way Regulation
| Feature | FXOpen | Trader's Way |
|---|---|---|
Companies | FXOpen Markets Limited, FXOpen Ltd, FXOpen EU Ltd, FXOpen AU Pty Ltd | TW Corp. |
Countries | Saint Kitts and Nevis, United Kingdom, Cyprus, Australia | Anguilla |
Regulators | FCA, CySEC, ASIC | AFSA |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | - |
Investor Protection Size | £85 000 / €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
FXOpen
FXOpen Markets Limited, FXOpen Ltd, FXOpen EU Ltd, FXOpen AU Pty Ltd
Trader's Way
TW Corp.
Countries
FXOpen
Saint Kitts and Nevis, United Kingdom, Cyprus, Australia
Trader's Way
Anguilla
Regulators
FXOpen
FCA, CySEC, ASIC
Trader's Way
AFSA
Investor Protection
FXOpen
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Trader's Way
-
Investor Protection Size
FXOpen
£85 000 / €20 000
Trader's Way
-
Publicly Traded
FXOpen
Trader's Way
Segregated Accounts
FXOpen
Trader's Way
Guaranteed Stop Loss
FXOpen
Trader's Way
Negative Balance Protection
FXOpen
Trader's Way
Account Types
| Account | FXOpen | Trader's Way |
|---|---|---|
STP Account | ||
| Account Name | STP | VAR |
| Min Deposit | $10 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 0.7 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:1000 |
| Stop Out | 30% | 40% |
| Margin Call | 50% | 100% |
ECN Account | ||
| Account Name | ECN | ECN |
| Min Deposit | $100 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $7 per 1 lot | $6 per 1 lot |
| Max Leverage | 1:500 | 1:1000 |
| Stop Out | 50% | 40% |
| Margin Call | 100% | 100% |
Cent Account | ||
| Account Name | Micro | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1 | — |
| Fee | No | — |
| Max Leverage | 1:500 | — |
| Stop Out | 10% | — |
| Margin Call | 20% | — |
Crypto Account | ||
| Account Name | Crypto | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1 | — |
| Fee | $100 per 1 lot | — |
| Max Leverage | 1:3 | — |
| Stop Out | 15% | — |
| Margin Call | 30% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
FXOpen
STP
Trader's Way
VAR
Min Deposit
FXOpen
$10
Trader's Way
$10
Lot Size
FXOpen
0.01
Trader's Way
0.01
Spread Type
FXOpen
Floating
Trader's Way
Floating
Execution
FXOpen
Market
Trader's Way
Market
Min Spread
FXOpen
1
Trader's Way
0.7
Fee
FXOpen
No
Trader's Way
No
Max Leverage
FXOpen
1:500
Trader's Way
1:1000
Stop Out
FXOpen
30%
Trader's Way
40%
Margin Call
FXOpen
50%
Trader's Way
100%
ECN Account
Account Name
FXOpen
ECN
Trader's Way
ECN
Min Deposit
FXOpen
$100
Trader's Way
$10
Lot Size
FXOpen
0.01
Trader's Way
0.01
Spread Type
FXOpen
Floating
Trader's Way
Floating
Execution
FXOpen
Market
Trader's Way
Market
Min Spread
FXOpen
0
Trader's Way
0
Fee
FXOpen
$7 per 1 lot
Trader's Way
$6 per 1 lot
Max Leverage
FXOpen
1:500
Trader's Way
1:1000
Stop Out
FXOpen
50%
Trader's Way
40%
Margin Call
FXOpen
100%
Trader's Way
100%
Cent Account
Account Name
FXOpen
Micro
Trader's Way
—
Min Deposit
FXOpen
$1
Trader's Way
—
Lot Size
FXOpen
0.01
Trader's Way
—
Spread Type
FXOpen
Floating
Trader's Way
—
Execution
FXOpen
Market
Trader's Way
—
Min Spread
FXOpen
1
Trader's Way
—
Fee
FXOpen
No
Trader's Way
—
Max Leverage
FXOpen
1:500
Trader's Way
—
Stop Out
FXOpen
10%
Trader's Way
—
Margin Call
FXOpen
20%
Trader's Way
—
Crypto Account
Account Name
FXOpen
Crypto
Trader's Way
—
Min Deposit
FXOpen
$1
Trader's Way
—
Lot Size
FXOpen
0.01
Trader's Way
—
Spread Type
FXOpen
Floating
Trader's Way
—
Execution
FXOpen
Market
Trader's Way
—
Min Spread
FXOpen
1
Trader's Way
—
Fee
FXOpen
$100 per 1 lot
Trader's Way
—
Max Leverage
FXOpen
1:3
Trader's Way
—
Stop Out
FXOpen
15%
Trader's Way
—
Margin Call
FXOpen
30%
Trader's Way
—
Additional Features
Demo Account
FXOpen
Trader's Way
VIP Account
FXOpen
Trader's Way
Swap-Free Account
FXOpen
Trader's Way
Copy Trading
FXOpen
Trader's Way
VPS
FXOpen
Trader's Way
PAMM/MAM Accounts
FXOpen
Trader's Way
Funding and Fees
| Feature | FXOpen | Trader's Way |
|---|---|---|
Base currencies | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC | USD, EUR, CAD, GBP, BTC |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) | Credit/Debit Card, Bank Wire, Local transfers, Skrill, Neteller, TC Pay, Perfect Money, Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), XRP (XRP), Toncoin (TON), USD Coin (USDC), Stellar (XLM) |
Inactivity fee | $10 per month after 12 months | |
Interest on margin | ||
Withdrawal fee |
Base currencies
FXOpen
USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC
Trader's Way
USD, EUR, CAD, GBP, BTC
Deposit and withdrawal methods
FXOpen
Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC)
Trader's Way
Credit/Debit Card, Bank Wire, Local transfers, Skrill, Neteller, TC Pay, Perfect Money, Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), XRP (XRP), Toncoin (TON), USD Coin (USDC), Stellar (XLM)
Inactivity fee
FXOpen
$10 per month after 12 months
Trader's Way
Interest on margin
FXOpen
Trader's Way
Withdrawal fee
FXOpen
Trader's Way
Trading Platforms and Conditions
| Feature | FXOpen | Trader's Way |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
Execution Speed | 1 ms | 150 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
FXOpen
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView
Trader's Way
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Execution Speed
FXOpen
1 ms
Trader's Way
150 ms
Scalping
FXOpen
Trader's Way
Expert Advisors (EAs)
FXOpen
Trader's Way
Depth of Market (DOM)
FXOpen
Trader's Way
Spread
FXOpen
low
Trader's Way
low
Trading Assets
| Asset | FXOpen | Trader's Way |
|---|---|---|
Currencies | 66 | 41 |
Indices | 12 | 7 |
Stocks | 553 | 0 |
Cryptocurrencies | 41 | 9 |
Bonds | 0 | 0 |
Metals | 3 | 2 |
Energies | 3 | 2 |
Soft Commodities | 0 | 0 |
ETFs | 56 | 0 |
Currencies
FXOpen
66
Trader's Way
41
Indices
FXOpen
12
Trader's Way
7
Stocks
FXOpen
553
Trader's Way
0
Cryptocurrencies
FXOpen
41
Trader's Way
9
Bonds
FXOpen
0
Trader's Way
0
Metals
FXOpen
3
Trader's Way
2
Energies
FXOpen
3
Trader's Way
2
Soft Commodities
FXOpen
0
Trader's Way
0
ETFs
FXOpen
56
Trader's Way
0
Education and Analytics
| Feature | FXOpen | Trader's Way |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
FXOpen
Trader's Way
Indicators
FXOpen
Trader's Way
Robots
FXOpen
Trader's Way
Signals
FXOpen
Trader's Way
Autochartist
FXOpen
Trader's Way
Expert Analytics
FXOpen
Trader's Way
News Feed
FXOpen
Trader's Way
Education Articles
FXOpen
Trader's Way
Webinars
FXOpen
Trader's Way
Seminars
FXOpen
Trader's Way
Bonuses
| Bonus | FXOpen | Trader's Way |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $5000 |
| Details | — | Learn More |
Welcome Bonus
Is available
FXOpen
Trader's Way
Size
FXOpen
—
Trader's Way
100%, up to $5000
Details
FXOpen
—
Trader's Way
Contests
| Feature | FXOpen | Trader's Way |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
Demo Contests
Is available
FXOpen
Trader's Way
Contests List
FXOpen
- TickTrader ChallengeStart Balance: $5000 · Prize Pool: $650 · Period: MonthlyLearn More
Trader's Way
—
Customer Support
| Contact | FXOpen | Trader's Way |
|---|---|---|
Email | sales@fxopen.com | sales@tradersway.com |
Phone | +6498010123 | +18499370815 |
Telegram | Telegram | Telegram |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Email
FXOpen
Trader's Way
Phone
FXOpen
Trader's Way
Facebook
FXOpen
—
Trader's Way
LinkedIn
FXOpen
Trader's Way
—
Which Broker is Better?
After comparing FXOpen and Trader's Way, FXOpen comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.