Abstract: Infoway Capital Markets, established in 2022 and based in the United Kingdom, operates with a lack of regulatory oversight. The platform offers Forex, Contracts for Difference (CFDs), and Cryptocurrencies as market instruments, providing users with options to diversify their trading portfolios. Infoway Capital Markets features Standard and ECN account types, each with a distinct minimum deposit requirement and maximum leverage of 1:500. While the platform utilizes the MetaTrader 5 (MT5) trading platform and supports multiple contact channels for customer support, it is important to note that educational resources are reported to be limited.
Aspect | Information |
Company Name | Infoway Capital Markets |
Registered Country/Area | United Kingdom |
Founded Year | 2022 |
Regulation | Lack of Regulatory Oversight |
Market Instruments | Forex, Contracts for Difference (CFDs), and Cryptocurrencies |
Account Types | Standard, ECN |
Minimum Deposit | $250 |
Maximum Leverage | 1:500 |
Spreads | Standard: 0.6 pips, ECN: 0.1 pips |
Trading Platforms | MetaTrader 5 (MT5) |
Customer Support | Phone: +45 6875 369 208, Email: support@infowaycapitalmarket.com |
Deposit & Withdrawal | Credit/Debit Cards, Bank Transfer |
Educational Resources | Limited educational resources |
Infoway Capital Markets, established in 2022 and based in the United Kingdom, operates with a lack of regulatory oversight. The platform offers Forex, Contracts for Difference (CFDs), and Cryptocurrencies as market instruments, providing users with options to diversify their trading portfolios.
Infoway Capital Markets features Standard and ECN account types, each with a distinct minimum deposit requirement and maximum leverage of 1:500. While the platform utilizes the MetaTrader 5 (MT5) trading platform and supports multiple contact channels for customer support, it is important to note that educational resources are reported to be limited.
Infoway Capital Markets operates without regulation from any oversight authority, potentially prompting issues regarding the exchange's transparency and supervision. Unregulated exchanges lack the robust oversight and legal protections provided by regulatory authorities, exposing users to increased risks of fraud, market manipulation, and security breaches.
The absence of proper regulation can further complicate user recourse and dispute resolution, potentially leaving users vulnerable to challenges. Moreover, the lack of regulatory oversight contributes to a less transparent trading environment, posing difficulties for users in evaluating the legitimacy and reliability of the exchange.
Pros | Cons |
Competitive Maximum Leverage | Lack of Regulatory Oversight |
Varied Account Options | Limited Educational Resources |
MT5 Trading Platform | Not available in some countries or regions |
Multiple Contact Channels for Support |
Pros:
Competitive Maximum Leverage:
Infoway Capital Markets provides users with a competitive maximum leverage of 1:500, allowing traders to potentially increase their exposure to the market.
Varied Account Options:
The platform offers a range of account options, including Standard and ECN accounts, providing users with flexibility to choose an account type that aligns with their trading preferences.
MT5 Trading Platform:
Infoway Capital Markets utilizes the MetaTrader 5 (MT5) trading platform, a widely recognized and robust platform in the financial industry known for its advanced features and tools.
Multiple Contact Channels for Support:
Users have access to various contact channels, including phone and email, for customer support, providing multiple options to address inquiries or issues.
Cons:
Lack of Regulatory Oversight:
Infoway Capital Markets operates without regulatory oversight, which will pose issues for users regarding transparency, security, and legal protections.
Limited Educational Resources:
The platform provides limited educational resources, potentially impacting the learning experience for users who seek comprehensive information and market insights.
Not Available in Some Countries or Regions:
Infoway Capital Markets is not available in certain countries or regions, limiting accessibility for potential users in those specific geographical areas.
Infoway Capital Markets offers a range of trading assets, including Forex, Contracts for Difference (CFDs), and Cryptocurrencies. In the Forex market, users have the opportunity to engage in currency trading, capitalizing on the fluctuating exchange rates of major currency pairs. CFDs provide a platform for trading on the price movements of various financial instruments without the need for ownership, allowing users to speculate on market trends.
Additionally, Infoway Capital Markets supports the trading of Cryptocurrencies, enabling users to participate in the dynamic and evolving digital currency market. This variety of trading assets serve users with different risk appetites and investment preferences, offering opportunities to diversify their portfolios across various financial instruments.
Infoway Capital Markets provides users with various account options tailored to different preferences and trading styles.
Standard Account:
Infoway Capital Markets offers a Standard Account with a minimum deposit requirement of $250. This account type provides users with a maximum leverage of 1:500, allowing for increased exposure to the market. Spreads for Standard Accounts start from 0.6 pips, contributing to the overall cost structure. Notably, there is a commission of 0.2% associated with trades executed through the Standard Account.
ECN Account:
Infoway Capital Markets also features an ECN Account, requiring a minimum deposit of $500. The ECN Account offers a maximum leverage of 1:500, aligning with the flexibility of the Standard Account. However, the ECN Account boasts lower spreads, starting from 0.1 pips, providing potential cost advantages for users engaged in frequent trading activities. Importantly, this account type does not incur any commission on trades, offering a commission-free trading experience for users opting for the ECN Account.
Account Type | Minimum Deposit | Maximum Leverage | Spreads (Starting From) | Commission |
Standard | $250 | 1:500 | 0.6 pips | 0.20% |
ECN | $500 | 1:500 | 0.1 pips | 0% |
Here is a step-by-step guide on how to open an account with Infoway Capital Markets:
Initial Registration:
Begin by visiting the Infoway Capital Markets website and locate the “Open an Account” section. Provide the required personal information, including your full name, contact details, and a valid email address to initiate the registration process.
2. Choose Account Type:
Once registered, select the account type that aligns with your trading preferences. Infoway Capital Markets typically offers various account options, such as Standard and ECN. Review the features and conditions of each to make an informed choice.
3. Submit Identification Documents:
Proceed to submit necessary identification documents for verification. This includes a government-issued ID, proof of residence, and any additional documentation required to comply with regulatory standards.
4. Fund Your Account:
After successful verification, proceed to fund your trading account. Infoway Capital Markets usually supports various funding methods, including bank transfers and credit/debit card transactions. Choose the method that suits your preferences.
5. Download Trading Platform:
Download and install the trading platform recommended by Infoway Capital Markets. This software provides the interface for executing trades and monitoring market activities. Ensure compatibility with your device and operating system.
6. Start Trading:
With your account funded and the trading platform set up, you are ready to start trading. Familiarize yourself with the platform's features, explore market instruments, and execute trades based on your trading strategy.
Infoway Capital Markets offers a maximum leverage of 1:500. This leverage ratio indicates the proportion of borrowed funds to the trader's own capital, allowing users to potentially magnify their exposure to the market.
A leverage of 1:500 means that for every $1 of the trader's own capital, they can control a position valued at up to $500. While high leverage can amplify potential profits, it also increases the level of risk, as losses can also be magnified. Traders should carefully manage their risk when utilizing the maximum leverage offered by Infoway Capital Markets.
Infoway Capital Markets provides various account types, each with its own spreads and commissions. The Standard Account offers spreads starting from 0.6 pips and incurs a commission of 0.2% on trades. On the other hand, the ECN Account features tighter spreads, commencing from 0.1 pips, and notably does not charge any commission. The absence of commissions on the ECN Account can be particularly advantageous for users engaged in frequent trading activities, as it eliminates an additional cost factor.
The Standard Account, with its slightly wider spreads and associated commission, is suitable for traders who prioritize a straightforward fee structure and are comfortable with a moderate level of cost per trade. Conversely, the ECN Account, with its lower spreads and zero commissions, is more appealing to active traders looking to minimize transaction costs. Choosing the account type that aligns with the user's trading frequency, risk tolerance, and fee preferences is crucial for optimizing their trading experience with Infoway Capital Markets.
Infoway Capital Markets operates its trading platform on MetaTrader 5 (MT5). MetaTrader 5 is a widely used and recognized trading platform in the financial industry, known for its comprehensive features and tools. MT5 offers functionalities such as advanced charting tools, technical analysis, algorithmic trading capabilities, and a user-friendly interface. Traders on the Infoway Capital Markets platform can access a range of financial instruments and execute trades using the MT5 platform.
As a standard in the industry, MetaTrader 5 provides a stable and efficient environment for traders, allowing them to monitor market movements and execute trades. It supports various order types and timeframes for the different needs of traders. It's important for users to familiarize themselves with the specific features and tools offered within the MT5 platform for effective trading on Infoway Capital Markets.
Minimum Deposit:
The minimum deposit amount for Infoway Capital Markets accounts varies depending on the chosen account type. The Standard account requires a minimum deposit of $250, while the ECN account has a higher minimum threshold of $500. This difference reflects the varying features and services offered by each account type.
Payment Methods and Fees:
Credit/Debit Cards: Deposits made using Visa or Mastercard typically process instantly and incur no fees from Infoway Capital Markets. However, your bank will charge transaction fees, so it's crucial to check with them beforehand.
Bank Wire Transfers: While bank wire transfers are generally reliable, they can take 1-3 business days to process and involve fees levied by both your bank and Infoway Capital Markets. These fees can vary depending on the amount transferred and your bank's policies.
Infoway Capital Markets offers customer support through multiple channels. Users can reach out to the English customer support team via phone at +45 6875 369 208 or through email at support@infowaycapitalmarket.com. These contact options provide users with direct access to assistance, allowing them to address inquiries, resolve issues, or seek guidance.
In conclusion, Infoway Capital Markets presents both advantages and disadvantages for users to consider. On the positive side, the platform offers a competitive maximum leverage of 1:500, providing traders with the potential to optimize their market exposure. The availability of varied account options, including the use of the MetaTrader 5 (MT5) trading platform, adds flexibility and a familiar interface for users engaged in trading strategies. Additionally, multiple contact channels for customer support contribute to accessible assistance for users, enhancing their overall trading experience.
However, it's important to weigh these benefits against notable drawbacks. Limited educational resources will hinder the learning process for those seeking in-depth market insights. Moreover, the platform's unavailability in certain countries or regions limits accessibility for potential users in those specific geographical areas.
Q: How can I contact customer support at Infoway Capital Markets?
A: You can reach customer support via phone at +45 6875 369 208 or through email at support@infowaycapitalmarket.com.
Q: What is the minimum deposit for a Standard Account?
A: The minimum deposit for a Standard Account with Infoway Capital Markets is $250.
Q: Is there a commission on trades for the ECN Account?
A: No, there is no commission on trades executed through the ECN Account.
Q: What trading platform does Infoway Capital Markets use?
A: Infoway Capital Markets utilizes the MetaTrader 5 (MT5) trading platform.
Q: What is the maximum leverage offered by Infoway Capital Markets?
A: Infoway Capital Markets provides a maximum leverage of 1:500.
Q: Are there educational resources available on the platform?
A: Yes, Infoway Capital Markets offers educational resources, although they are reported to be limited.