HiWayFX Review

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Company Overview

Established in 2014, HiWayFX has become one of the world’s fastest growing forex and commodities brokers. Regulated by CySEC (Cyprus Securities and Exchange Commission), HiWayFX is determined to creating a conductive online trading environment, which is why it provides the ultimate online trading experience and one of the best trading environments in the industry. It’s an open secret that the forex industry is rapidly evolving and HiWayFX’s commitment to constantly evolve with the industry has enabled it to cement its place as one of the best online brokerage firms in the world.

Trading Platform

HiWayFX has opted for the multi-award winning MetaTrader 4, which is well suited for CFD and forex trades as it allows its users to trade in real time in more than 120 currency pairs. MetaTrader 4 provides its users with an in-depth analysis of the market by providing them with charts and data block that are updated in real time. It is a user-friendly online trading platform with a multilingual customer support.

Another great benefit of using MetaTrader is that it is available on multiple platforms. Its offers mobile applications that enable the user to view the ever-changing landscape of the online trading industry on the go and adjust and adapt accordingly so as to ensure maximum profits. MetaTrader mobile apps are available for iOS, Android, and Windows Phone devices.

HiWayFX offers three different account types to its users. The Standard account requires an initial deposit of 20 USD/EUR and offers leverage of up to 1:1000. The ECN account requires an initial deposit of 300 USD/EUR and promises leverage of up to 1:500. The Institutional account requires an initial deposit of 10,000 USD/EUR and promises a leverage of up to 1:200. However, demo accounts are available only for the standard and ECN accounts.

Features

  • Free educational material
  • Demo accounts available
  • Spreads from 0.0 pips
  • No dealing desks
  • Micro lots available
  • Negative balance protection
  • Minimum deposit of 20 USD/EUR required
  • Segregated client accounts
  • 100% welcome bonus
  • $15/Lot rebate
  • 35% tradable bonus
  • 24/5 customer support

Customer Support

With customer satisfaction its top priority, HiWayFX offers an extensive and comprehensive customer support system that is integrated into its website. It offers a request call back feature, which allows users to leave a notification on the company’s website whose representatives would then call back the client and help them out with their problems. Moreover, its website is available in English, French, Russian, Indonesian, Arabic and Greek, which helps it cater to its global clientele. A 24/5 live chat feature is also available on its website, which allows users to rectify their problems in real time. Clients are also encouraged to register their complaints via phone, mail, or email.

Conclusion

In a nutshell, HiWayFX is a relative newcomer in the online trading business but has quickly cemented its place as one of the best forex trading brokerage firms thanks to its impeccable service and commendable customer support.

Office website: https://hiwayfx.com/

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