Richway Assets

WikiFX data indicates significant safety and reliability concerns for Richway Assets. It holds no valid regulatory licenses and operates without oversight from any recognized financial authority. This lack of credible regulation is reflected in its exceptionally low SkyEye total score of 1.44, which points to fundamental deficiencies in its operational and compliance profile. The absence of a regulatory framework for investor protection creates a high-risk environment for client funds.

No, Richway Assets is not regulated. According to WikiFX assessment, it holds no valid forex trading licenses from any major global regulatory body. The broker is registered in Seychelles but lacks authorization from stringent authorities such as the FCA, ASIC, or CySEC, meaning it operates without the oversight and investor protection mechanisms that licensed firms are required to provide.

The minimum deposit required to open an account with Richway Assets is $500 for its entry-level STARTER account. It offers a tiered account structure, with subsequent levels (BASIC, PRO, EXECUTIVE) requiring deposits of $5,000, $10,000, and $50,001-$100,000, respectively.

WikiFX data does not specify which trading platforms are offered by Richway Assets. The broker does confirm that all its listed account types support the use of Expert Advisors (EAs), which are typically associated with the MetaTrader suite, but the exact platform(s) are not publicly detailed.