Key Way Investments Forex Broker
Basic Information
Cyprus
5-10 years Regulated in Cyprus Market Maker (MM) Suspicious Scope of Business Medium potential riskCompany profile
Rating Index
Key Way Investments Forex Broker - Complete Information Guide
1. Broker Overview
Key Way Investments Ltd, established in 2016, is a Cyprus-based financial services firm that provides a variety of investment services to clients globally. The company's headquarters is located at 18 Spyrou Kyprianou Avenue, Suite 101, Nicosia 1075, Cyprus. As a private entity, Key Way Investments operates under the regulatory framework set by the Cyprus Securities and Exchange Commission (CySEC), which ensures compliance with EU standards.
Over the years, Key Way Investments has built a reputation as a reliable trading platform, catering primarily to retail investors and institutions interested in trading Forex and CFDs. The firm has expanded its services and client base significantly, marking several milestones in its growth trajectory. Notably, it has developed a robust operational structure and a diverse portfolio of financial products, positioning itself as a key player in the investment landscape.
The company primarily focuses on retail Forex trading, providing clients with access to various financial instruments, including foreign exchange, commodities, and indices. This diverse service offering allows Key Way Investments to meet the varying needs of its clientele, which includes individual traders and institutional investors.
2. Regulatory and Compliance Information
Key Way Investments is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding the license number 292/16. This regulatory oversight ensures that the broker adheres to stringent operational standards and provides a level of security for its clients. The CySEC is responsible for supervising the investment services market in Cyprus, ensuring that firms comply with relevant laws and regulations.
The license issued by CySEC is valid for providing investment services across the European Economic Area (EEA). Key Way Investments also follows the Markets in Financial Instruments Directive II (MiFID II), which enhances investor protection and promotes transparency in the financial markets.
Client funds are kept in segregated accounts, ensuring that they are protected in the event of financial difficulties faced by the broker. Additionally, Key Way Investments is a member of the Investor Compensation Fund (ICF), which provides compensation to clients if the firm is unable to meet its financial obligations. The maximum compensation amount is capped at €20,000 per client.
Key Way Investments implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, ensuring compliance with international standards for financial transactions and client verification.
3. Trading Products and Services
Key Way Investments offers a diverse range of trading products, primarily focusing on Forex and CFDs. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to engage in various trading strategies and capitalize on market movements.
In addition to Forex, Key Way Investments offers CFDs on various asset classes, including:
- Indices: Major global indices such as the S&P 500 and FTSE 100.
- Commodities: Precious metals like gold and silver, as well as energy products such as crude oil.
- Stocks: Shares from prominent companies like Microsoft and Alibaba.
- Cryptocurrencies: Popular digital currencies including Bitcoin and Bitcoin Cash.
The broker frequently updates its product offerings, ensuring that clients have access to the latest market opportunities. Key Way Investments is committed to providing comprehensive retail trading services while also catering to institutional clients with tailored solutions.
4. Trading Platforms and Technology
Key Way Investments does not currently support the widely used MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Instead, the broker utilizes its proprietary trading platform, which is designed to offer a user-friendly experience and efficient execution of trades. This platform is accessible via web browsers, allowing traders to manage their accounts and execute trades from any location.
Mobile trading is also supported, with applications available for both iOS and Android devices. These mobile apps facilitate trading on the go, providing clients with real-time market data and execution capabilities.
The broker operates under a Market Making execution model, which means it acts as a counterparty to client trades, providing liquidity directly. Key Way Investments maintains advanced technological infrastructure, including servers located in secure data centers, ensuring fast and reliable trade execution.
API access is available for clients interested in automated trading solutions, allowing for algorithmic trading strategies to be implemented seamlessly.
5. Account Types and Trading Conditions
Key Way Investments offers a range of account types to cater to different trading needs. The standard account requires a minimum deposit, with specific details on spreads and commissions not publicly disclosed.
The broker provides various account options, including:
- Standard Accounts: Designed for most retail traders, offering basic trading features.
- VIP Accounts: Tailored for high-volume traders, potentially offering lower spreads and commissions.
- Islamic Accounts: Available for clients who require Sharia-compliant trading options.
A demo account is not explicitly mentioned, which may limit opportunities for new traders to practice before committing real funds. Leverage ratios vary depending on the asset class, providing flexibility for traders to adjust their risk exposure.
The minimum trade size and overnight fees associated with positions are not detailed in the available information, highlighting a potential area of concern for prospective clients.
6. Fund Management
Key Way Investments supports multiple deposit methods, including:
- Bank Transfers
- Credit/Debit Cards
- E-Wallets
The minimum deposit requirement varies by account type, with specific amounts not disclosed. Deposit processing times are generally swift, ensuring that clients can fund their accounts promptly.
Withdrawal methods include similar options, with processing times and any applicable fees remaining unspecified in the available resources. This lack of transparency regarding withdrawal conditions could pose challenges for clients seeking to access their funds.
7. Customer Support and Educational Resources
Key Way Investments provides customer support through various channels, including:
- Phone: +357 22000936
- Email: info@keywayinvestments.com
The broker offers support in multiple languages, catering to a diverse client base. However, the absence of live chat support may limit immediate assistance for clients.
Educational resources are limited, with no specific mention of webinars, tutorials, or comprehensive guides available on the broker's website. Market analysis services, including daily updates and research reports, appear to be minimal, potentially hindering clients' trading decisions.
8. Regional Coverage and Restrictions
Key Way Investments primarily serves clients in Cyprus, Romania, Spain, Italy, and the Dominican Republic. However, the broker has regional restrictions and does not accept clients from certain countries, including Japan, Canada, and the USA. This limitation may affect potential clients in those jurisdictions who are interested in the services offered by Key Way Investments.
In summary, while Key Way Investments broker provides a regulated trading environment with a variety of financial products, potential clients should carefully consider the available information and the limitations noted in this guide.