High safety score of 80 out of 100, indicating a relatively secure trading environment.

Offers a variety of trading products, including forex, CFDs, commodities, and indices, catering to diverse trading preferences.

Provides advanced trading platforms like MetaTrader 5, which are suitable for both novice and experienced traders.

Unregulated status raises concerns about the safety of funds and lack of investor protection.

Limited popularity and user base, which may indicate a lack of trust among potential clients.

Negative reviews and complaints about customer service and withdrawal difficulties, suggesting potential operational issues.

HedgeHood broker Accounts

HedgeHood Account Types

HedgeHood offers a variety of trading accounts to cater to both new and experienced traders. The main account types include:

Minimum Opening Balance: $100 AUD or equivalent
Spreads: From 1.0 pips
Execution: ECN pricing
Commission: $0* (commissions apply for trading share CFDs)
Features: Outstanding execution speeds, low deposit requirement, commission-free trading, and access to over 2,000 markets.

Minimum Opening Balance: $100 AUD or equivalent
Spreads: From 0.0 pips
Execution: ECN pricing
Commission: $2.50 per side*
Features: Highly competitive raw pricing, access to institutional-grade liquidity, and minimal slippage.

Minimum Opening Balance: $100 AUD or equivalent
Spreads: From 1.0 pips (Standard) / 0.0 pips (Raw)
Features: Swap-free trading, designed for Muslim clients, with administration fees instead of interest charges.

Minimum Opening Balance: $20,000 AUD or equivalent
Features: Flexibility for money managers to select trading conditions, competitive commission structure, and performance fees.

Features: Allows followers to copy trades from experienced traders, with a monthly fee of $25 USD for followers and a setup fee of $25 USD for providers.

Opening an account with HedgeHood is a straightforward process:

Choose Your Account Type: Select from Standard, Raw, Islamic, PAMM, or Social Trading accounts based on your trading needs.
Complete the Application: Fill out the online application form on the HedgeHood website.
Verify Your Identity: Submit the necessary identification documents for verification.
Deposit Funds: Fund your account using various methods including credit/debit cards, wire transfers, and more. The minimum deposit is $100 AUD or equivalent.
Start Trading: Once your account is verified and funded, you can start trading on the MT4 or MT5 platforms.