HiWayFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-25 20:00

Abstract：HiWayFX is an international online brokerage firm. The products with a maximum leverage of 1:1000 include Crunchbase Pro, Crunchbase Business, Crunchbase Data Licensing, Customer Stories, and Pricing. The minimum spread is from 0 pips and the minimum deposit is $20. HiWayFX is still risky due to its unregulated status, high leverage, and bad reviews about money.

HiWayFX Review Summary
Founded	2022-01-12
Registered Country/Region	U.K.
Regulation	Unregulated
Market Instruments	Crunchbase Pro, Crunchbase Business, Crunchbase Data Licensing, Customer Stories, Pricing
Demo Account	✅
Leverage	Up to 1:1000
Spread	As low as 0
Trading Platform	MT4(Mobile)
Min Deposit	$20
Customer Support	Phone: +23 414 406 112
	Email: support@hiwayfx.com
	Online Chat
	Social Media: Facebook, LinkedIn, Twitter

HiWayFX Information

　　HiWayFX is an international online brokerage firm. The products with a maximum leverage of 1:1000 include Crunchbase Pro, Crunchbase Business, Crunchbase Data Licensing, Customer Stories, and Pricing. The minimum spread is from 0 pips and the minimum deposit is $20. HiWayFX is still risky due to its unregulated status, high leverage, and bad reviews about money.

Pros and Cons

Pros	Cons
Demo account available	Unregulated
5 major service products	No 24/7 customer support
MT4 available

Is HiWayFX Legal?

　　HiWayFX is not regulated, even though it claims to be regulated by CySEC. However, an unregulated broker is not as safe as a regulated one.

Products and Services?

　　Traders can enjoy different investment services because the broker provides Crunchbase Pro, Crunchbase Business, Crunchbase Data Licensing, Customer Stories, and Pricing.

Products	Supported
Crunchbase Pro	✔
Crunchbase Business	✔
Crunchbase Data Licensing	✔
Customer Stories	✔
Pricing	✔

Leverage

　　The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

　　HiWayFX has an authoritative MT4 trading platform for mobile versions. Compared with MT5, junior traders prefer MT4.

Trading Platform	Supported	Available Devices
MT4	✔	Mobile

Deposit and Withdrawal

　　The minimum deposit is $20. However, the transfer processing times and associated fees are unknown.

Customer Support Options

　　Traders can contact HiWayFX via phone, email, and online chat.

Contact Options	Details
Phone	+23 414 406 112
Email	support@hiwayfx.com
Online Chat	✔
Social Media	Facebook, LinkedIn, Twitter
Supported Language	English
Website Language	English
Physical Address	Not mentioned