HSB FOREX Company

HSB Forex Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

HSB Forex Company, also known as PT Handal Semesta Berjangka, is a forex broker registered in Indonesia. The company has been operational for approximately 5 to 10 years, providing a platform for retail forex trading. It is regulated by the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI), which ensures compliance with local trading laws and regulations.

Parent Company/Ownership Structure

HSB Forex is owned and operated by PT Handal Semesta Berjangka. The company operates independently but adheres to the regulations set forth by BAPPEBTI, which oversees its operations and ensures that it maintains the necessary standards for financial services.

Headquarters Location

The headquarters of HSB Forex is located in Jakarta, Indonesia. The specific address is Mayapada Tower 2, 14th Floor, Jl. Jendral Sudirman Kav. 27, Karet, Setiabudi, South Jakarta, 12920.

Global Business Scope

While HSB Forex primarily serves Indonesian traders, it offers a range of financial instruments that can appeal to a global audience. The company's services include forex trading, commodities, indices, and shares, catering to both novice and experienced traders.

Main Regulatory Bodies

HSB Forex operates under the regulatory oversight of BAPPEBTI, which is the primary regulatory body for commodity and futures trading in Indonesia. Additionally, it is a member of the Indonesia Commodity and Derivatives Exchange (ICDX), further emphasizing its commitment to regulatory compliance.

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2. Company History and Development

Key Milestones

HSB Forex has achieved several key milestones since its inception. The company has successfully established itself as a reputable forex broker in Indonesia, gaining a significant market presence and client trust.

Business Expansion Journey

The company has expanded its offerings over the years, introducing multiple trading platforms, including MetaTrader 5 (MT5) and web-based trading solutions. This expansion has allowed HSB Forex to cater to a broader audience and enhance its service delivery.

Customer Base Growth

HSB Forex has experienced steady growth in its customer base, primarily due to its regulatory compliance and diverse product offerings. The broker has attracted both retail and institutional clients, contributing to its increasing market share.

Platform Development History

Since its founding, HSB Forex has invested in developing its trading platforms. The introduction of MT5 has been a significant upgrade, providing traders with advanced tools and features for market analysis and trade execution.

Important Awards or Recognitions Received

While specific awards or recognitions may not be widely publicized, HSB Forex's regulatory compliance and membership in ICDX serve as indicators of its credibility and commitment to maintaining industry standards.

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3. Trading Services Offered

Forex Trading Options

HSB Forex offers a selection of 17 currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as exotic pairs. This variety allows traders to engage in a diverse range of trading strategies.

Stock Trading Options

The broker provides access to shares from well-known companies across various sectors. This enables clients to participate in stock trading alongside their forex activities, creating a comprehensive trading experience.

CFD Trading Products

HSB Forex offers Contract for Difference (CFD) trading, allowing clients to speculate on price movements without owning the underlying assets. This includes commodities and indices, providing traders with additional avenues for investment.

Other Financial Instruments

In addition to forex and stock trading, HSB Forex also offers commodities such as gold and silver, giving traders access to popular assets. However, the availability of cryptocurrencies is not explicitly mentioned, suggesting a focus on more traditional financial instruments.

Special Services or Unique Advantages

One of the unique advantages of HSB Forex is its educational resources, including the HSB Academy, which provides training and insights for traders of all levels. Additionally, the broker offers flexible leverage options, with ratios up to 1:500, allowing traders to maximize their trading potential.

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4. Regulatory and Legal Background

Detailed Regulatory Information

HSB Forex is regulated by BAPPEBTI, which oversees its operations and ensures compliance with Indonesian trading laws. The regulatory license number is 001/BAPPEBTI/SI/5/2018. The company is also a member of ICDX, which adds an additional layer of regulatory oversight.

Legal Entity Structure by Region

HSB Forex operates under the legal framework of Indonesia, and its activities are governed by local laws. It is important for clients to understand that the regulatory environment may differ from other regions, affecting their trading experience.

Client Fund Protection Measures

As a regulated broker, HSB Forex is required to implement measures to protect client funds. This includes segregating client funds from company funds, ensuring that traders' capital is safeguarded in the event of financial difficulties.

Countries/Regions Served

While HSB Forex primarily targets Indonesian traders, its services may be accessible to clients in other regions. However, specific restrictions may apply based on local regulations, and potential clients are encouraged to verify their eligibility.

Compliance History

HSB Forex has maintained a compliance record in line with BAPPEBTI regulations. There have been no significant compliance issues reported, which reflects positively on the broker's operational integrity.

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5. Competitive Landscape

3-5 Main Competitors

HSB Forex faces competition from several other brokers in the Indonesian market, including:

• OctaFX: Known for its user-friendly platform and competitive spreads.
• FBS: Offers a wide range of trading instruments and promotional bonuses.
• Alpari: A well-established broker with a global presence and diverse account types.

Positioning in the Industry

HSB Forex positions itself as a locally regulated broker that emphasizes compliance and customer service. This focus on regulatory adherence helps differentiate it from unregulated competitors that may pose higher risks to traders.

Market Differentiation Factors

Key factors that differentiate HSB Forex from its competitors include:

• Regulatory Compliance: Operates under the strict oversight of BAPPEBTI, providing clients with a sense of security.
• Educational Resources: Offers extensive training and support for traders through the HSB Academy.
• Diverse Trading Platforms: Provides access to multiple trading platforms, including MT5, which is favored by many traders for its advanced features.

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In conclusion, HSB Forex Company presents a solid option for traders seeking a regulated broker in Indonesia. With a range of trading instruments, a commitment to regulatory compliance, and educational resources, it aims to support traders in navigating the financial markets effectively. For more information on HSB Forex services and offerings, potential clients are encouraged to visit their official website or contact customer support for personalized assistance.