78.83% of retail investors accounts lose money

Webtrader, metatrader 5
CYSEC (Cyprus)
2016 Forex Broker Review

Established in 2016 as, it was a switch to its current name that seemed to trigger the firm’s ascent into the minds of both brokers and the wider industry. In 2019, it won the ‘Best Dealing Room’ award at the Forex Awards and was runner-up in the ‘Best Trading Application’ and ‘Fastest Growing Forex Broker’ categories. is operated by Key Way Investment Ltd and is registered under Cyprus Company Law. Licensed by CySEC, it has branches in Spain and Romania.

Allowing its traders to access MetaTrader 5 (MT5) and WebTrader, the brand is naturally of interest to many ? but how do the other key areas of its operation stack up? In this forex broker review, we aim to find out.

Offering of Financial Investments offers an arsenal of tradeable assets and CFDs ? more than 2,000 to be precise ? across a broad range of categories. Leverage is capped at a maximum of 1:30.

  • Forex (55 pairs)
  • Stocks (2,000+)
  • Indices (25+)
  • Commodities
  • Bonds
  • Cryptocurrency (BTC, ETH, LTC, XRP, etc.) Trading Account Types offers three different levels of trading, plus the opportunity to practise with some paper trades via its demo account option.

The Essential account is its entry offering ? there is a minimum deposit of $1,000. Traders can access all of the platforms ? both on desktop and mobile ? and can take advantage of the Trading Academy library of resources.

The Original account is the next step up, with traders able to utilise all of the advantages of the Essential account, plus live trading alerts and market/event analysis.

Finally, there’s the Signature account, which requires a $25,000 opening deposit. This is’s top-tier offering, with 24/5 customer support on top of all the other benefits that the firm’s traders enjoy, including scalping and hedging options. Commission and Fees 

The broker does not charge commission on any transactions. Instead, its money is made across the variable spreads that it has in place.

The spread on EUR/USD, for example, averages at around 3.0 pips, and this can be higher for more exotic forex pairs. However, the spread on commodities and some crypto tends to be a lot lower.

There are no fees charged for making a deposit or a withdrawal. Platforms and Tools 

While curiously not offering MetaTrader 4 (MT4) compatibility, clients can benefit from both MT5 and WebTrader.

WebTrader can be accessed anywhere and on any device, with as many as 90 indicators available to aid trading. Expert Advisors can be accessed through MT5, and customised trading models can be built with unique technical indicators and triggers.

Other trading tools include Trading Central, a dedicated analytics program, and a regularly updated economic calendar. Research 

Traders, both new and experienced, will benefit from the Trading Academy, an online video portal that offers hundreds of hours’ worth of tuition in using trading software and reading the markets. Mobile Trading App has developed its own forex trading app, which is integrated with the client area of its website. Users can access their funds, track live market positions, and open/close orders.

WebTrader can also be accessed via mobile browsers.

Should I Trade with ? 

There is plenty to like about the forex trading broker, from the rigorous regulation that helps to keep its standards high, to the 2,100-strong army of assets and CFDs that traders can access.

With three different account types and a choice between MT5 and WebTrader, its clients have plenty of options at their disposal, as well as a range of useful tools and research materials.

Spreads may be variable and, in some cases, less competitive than some of its rivals’, but with no commission charged, traders with can still get a great deal on their activity.


  • Fully regulated and licensed
  • More than 2,100 tradeable assets and CFDs
  • Expansive research and tuition resources


  • Uncompetitive pricing in some markets
  • No MT4 coverage


How to use

It’s easy to get started with simply register for an account by providing the information requested, make your first deposit (remember the minimum amounts), download your chosen trading software, and away you go. Sadly, there isn’t a welcome bonus offered at the present time, but this could change in the near future.

Is an ECN broker?

At the time of writing, is a market maker rather than acting as part of the ECN network, and so all of your positions will be opened and closed with this specific broker. For peace of mind, all client funds are protected and segregated from the firm’s own trading account, so there are no concerns about not receiving your capital where earned.

Are trustworthy?

Happily, has a robust approach to licensing and regulation, so you can rest assured that it is a reliable, trustworthy and legitimate broker. It is licensed by CySEC and also has authorisation to operate in key jurisdictions such as Great Britain, France, Germany, Spain and many other European nations.