HM markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://hmmarketsvip.com/en/index1.html, about the company's legal and temporary regulatory information, the company's address 1 World Trade Center, New York, NY 10007, United States.
HM markets Forex Broker
Basic information
United States
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Overview of HM markets
Founded in 2023 and headquartered in the United States, HM Markets operates without regulation from the United States National Futures Association with a Common Financial Service License. It currently functions without transparency regarding its service specifics, including account types and fees. Specializing in forex, futures, and indices, HM Markets offers trading via web, iOS, and Android platforms. The broker's lack of disclosed educational resources and demo accounts indicates challenges for traders seeking thorough support and transparent operations.
Pros and Cons
| Pros | Cons |
| Offers three types of trading products | Unregulated |
| Leverage up to 1:100 | Does not offer demo accounts |
| Provides three customer support options |
Is HM markets legit?
HM Markets is associated with the domain hmmarkets.com, which was registered on November 12, 2022, and is set to expire on November 12, 2025. The domain is registered through Spaceship, Inc. However, it is unregulated.
Market Instruments
HM Markets provides 3 types of market instruments, including Forex, futures, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Futures | ✔ |
| Indices | ✔ |
Leverage
HM Markets provides trading leverage up to 1:100.
Trading Platform
HM Markets offers a versatile trading platform accessible through web trader interfaces and mobile applications for iOS and Android systems. But it does not support MT4 and MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| HM Markets platform | ✔ | Mobile ( iOS and Android) and web | Both Beginner and Experienced Trader |
| MT5 | ❌ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
| MT4 | ❌ | Mobile and Desktop（Windows & macOS） | Beginner |
Rating Index
HM markets Similarly Rated Brokers
Ricardo Lim
Netherlands
Overall, it's a decent broker. Not the best, not the worst. The platform allows for automated trading, but it doesn't integrate with all the popular trading bots.
Neutral
2024-07-10