HiWayFX is an international online brokerage firm whose aim is to offer top trading conditions and services to traders everywhere. The company was established in 2014 and is based in Cyprus. The broker is working under full legislation and regulation standards by the Cyprus Securities Exchange Commission (CySEC), European regulatory bodies: Markets in Financial Instruments Directive (MiFID) and is also included in the registers of the Federal Financial Supervisory Authority (BaFIN).
Its team is consisted of highly skilled, multi – lingual finance professionals whose years of experience and in depth knowledge of the industry come to play in every aspect of the company’s structure as they are constantly seeking and creating ways to satisfy the needs of the ‘today’s trader’ and ultimately keeping their promise, of offering one of the best trading experiences in the business.
The company operates on a fully transparent STP/ECN model ensuring that its clients receive the highest competitive spreads and zero price manipulation or third party intervention. Following a leverage of up to 1:1000 on a standard NDD account, flexible spreads starting from as low as 0 pips and full access to the most famous trading platform the MetaTrader 4 and multiple mobile platforms.
The broker offers its clients the chance to trade on the global market from a deep pool of liquidity providers, traders can choose from a long list of Forex Instruments, commodities, indices such as USD Crude Oil and UK Crude Oil and metals like Platinum, Palladium, Gold and Silver. In addition, traders have access to Market news trading with instant access to high volatility without re-quotes and unstoppable execution. Traders can make their first steps into the industry with just a $20 initial minimum deposit and there are multiple deposit and withdrawal methods through a quick and simple process.
The broker offers multiple investing and partnership programs, tailored to meet the needs of any kind of trader as well as non-swap programs oriented towards Islamic traders. The traders are also awarded with the chance to take part in multiple competitions where they can win a bounty of benefits and the access to exclusive bonuses.
|Address||152, Franklin Roosevelt Avenue, 3045, Limassol, Cyprus|
|Headquarters||152, Franklin Roosevelt Avenue, 3045, Limassol, Cyprus|
|Free phone||+ 357 25 030944|
|24 hour support|
|1st deposit bonus|
|24 hour trading|
|Digits after the dot in quotes||5|
|Minimum position size||0.01|
|Pip spread on majors||1.5|
|Standard account, $||20|
|Mini account, $||20|
|Other payment methods|
|Popular payment methods||Credit Cards, Bank Wire, Neteller, Skrill, MoneyPolo, OK PAY, QIWI, EGO PAY, WebMoney|
|Account currencies||EUR, USD|
|Other instruments||CFDs, Forex|
|Languages||English, Russian, Indonesian, Polish|
When I first saw HiWayFx, it looked a same old brokerage website with mundane features. However once I started using it, the features and information on it surprised me a lot. Now, it has become like my right hand. I do not conduct any trading with checking it on HiWayFx.
Providing high additional revenue from each trade through rebate programs, also always provide the latest information on any issues that will impact on the trading session, so we are always very careful to enter the market by minimizing risks and maximizing the leverage offered.
Demo standard account differs from real standard account here. They say that regardless of chosen type of account a trader has the right to use any educational materials. I faced the restrictions - just could not download video with the beginners course. Moved to ZULU trade account which I selected because I was not ready to build up my own strategy and within this account there must be an opportunity to follow the tactics of professional traders copying them automatically. But automatic trading is lossmaking here because the provider of trading signals is not reliable. this is a blasted mess!
Excited to learn of the various articles HiwayFX, making my knowledge of forex trading is getting stronger, so it can be used as the basis for the success of managing forex trading business.