B

Nabtrade

6.7/10

traders way

7.4/10
3/10RegulationWinner10/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Nabtrade was founded in 2008 and is headquartered in USA, while traders way was established in 2012 and is based in Grenadines. Nabtrade holds licences including Unregulated, while traders way is regulated by Financial Conduct Authority (FCA) among others. Nabtrade serves 10,000+ clients worldwide; traders way has 10,000+. The minimum deposit is $100 at Nabtrade and $250 at traders way.

traders way wins this category
FeatureNabtradetraders way
Min. Deposit$100$250
RegulationUnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F327
Founded20082012
CountryUSAGrenadines
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Nabtrade and traders way, directly affecting your bottom line as a trader. Nabtrade has a lower barrier to entry with a minimum deposit of $100 (vs $250 at traders way). traders way charges withdrawal fees while Nabtrade does not, giving Nabtrade an edge for frequent withdrawers. traders way charges deposit fees; Nabtrade does not. Overall, Nabtrade scores higher on fees in our assessment.

Nabtrade wins this category
FeatureNabtradetraders way
Min. Deposit$100$250
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Nabtrade offers MT4, MT5, cTrader, while traders way supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureNabtradetraders way
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Androoid, iPhone,MacMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Nabtrade and traders way compare. Nabtrade runs regular live webinars; traders way does not. Both provide video tutorials. Nabtrade publishes daily market commentary; traders way does not. Both integrate third-party research tools. Nabtrade maintains an archive of past webinars for on-demand viewing. Nabtrade scores higher overall in education and research.

Nabtrade wins this category
FeatureNabtradetraders way
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Nabtrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while traders way supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). traders way uniquely supports PayPal and Skrill and Neteller among the two brokers. traders way scores higher on deposit and withdrawal flexibility.

traders way wins this category
FeatureNabtradetraders way
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Nabtrade and traders way offer live chat support. Both provide phone support. Email support is available at both brokers. Nabtrade supports 2 languages and traders way supports 8, giving traders way broader global reach. Both brokers are comparable on support quality.

Tied
FeatureNabtradetraders way
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic