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Rating Index

Pros

Offers a variety of financial instruments, including forex, CFDs, commodities, and indices.

Provides access to decentralized trading options, enhancing flexibility and security for users.

Customer support and execution speed are rated positively, indicating a responsive service.

Cons

Not properly regulated, raising concerns about the safety and security of client funds.

Lacks the popular MetaTrader 4 and 5 platforms, which may limit trading functionalities for some users.

There is no insurance for clients, increasing the risk associated with trading through this broker.

HMX broker Accounts

HMX Account Type

HMX offers several types of accounts tailored to different trading needs. The main account types include:

Mini Account

Minimum Deposit: $100
Maximum Leverage: 1:200
Best For: Low-volume traders who are just getting started.

Mini Classic Account

Minimum Deposit: $5,000
Maximum Leverage: 1:50
Best For: Beginners looking for position sizing flexibility.

Classic Account

Minimum Deposit: $5,000
Maximum Leverage: 1:50
Best For: Scalpers and high-volume traders.

Premium Account

Minimum Deposit: $5,000
Maximum Leverage: 1:50
Best For: Experienced traders who utilize expert advisors (EAs).

Each account type is designed to cater to various trading strategies and levels of experience, ensuring that traders can select the option that best fits their needs.

HMX Broker Account Opening Process

Opening an account with HMX is a straightforward process that can be completed in just a few steps:

Visit HMX's Official Website

Navigate to the HMX website to begin the registration process.

Choose Account Type

Select the type of account you wish to open (Mini, Mini Classic, Classic, or Premium).

Fill Out Required Information

Provide personal information, including your name, email, and phone number. You may also need to indicate your client type (individual or corporate).

Activate Your Account

After registration, check your email for an activation link. Follow the instructions to activate your account.

Complete Additional Verification

For live accounts, you may need to provide proof of identity and address, along with answering questions regarding your trading experience and financial status.