HM Markets is a forex broker registered in the United States in 2024, committed to providing a comprehensive multi-asset trading platform. This platform allows clients to trade a variety of assets including foreign exchange, indices, commodities, and cryptocurrencies. HM Markets is notable for its low spread trading, especially claiming an average spread of only 0.1 for EUR/USD. Its official website https://www.hmmarketsvip.com supports multiple popular languages, including English, Japanese, and Traditional Chinese, offering a convenient trading experience for global clients.
Corporate Information of HM Markets:
The official website of HM Markets shows that it is located in New York, USA, with the detailed address being 1 World Trade Center, New York, NY 10007. The company's domain was registered on January 10, 2024.
Account Opening Process at HM Markets:
To open an account at HM Markets, customers first need to visit its official website. On the website, there is a clear registration option, where customers need to click and provide basic personal information as prompted. This process includes filling in necessary forms and undergoing relevant verifications. HM Markets emphasizes the protection of customer privacy and follows appropriate data protection policies during the registration process. After completing these steps, customers can start trading.
Customers should understand the relevant risks before opening an account and ensure they meet the trading requirements.
Trading Products of HM Markets:
The trading products of HM Markets cover foreign exchange, commodities, and stock indices.
In terms of foreign exchange trading, investors can choose standard lots, which are equivalent to 100,000 base currency units, or micro lots, with a minimum of only 0.01, equivalent to 1,000 base currency units. Additionally, the minimum trade increment is 0.01, while the maximum number of lots can reach 100, equivalent to 10,000,000 base currency units.
HM Markets also offers stock index trading, covering more than 14 different indices, providing traders with more flexible trading opportunities, with leverage up to 1:100.
Trading Platform of HM Markets:
HM Markets provides its own trading platform, compatible with multiple devices, including Windows, Mac, Android, and iOS systems, allowing users to trade anytime, anywhere. The platform handles a vast number of transactions, most of which come from automated trading systems.
Spreads and Leverage at HM Markets:
According to HM Markets, the spreads can even go as low as 0.0 points, which is particularly attractive to high-volume traders, scalpers, and users of automated trading systems. Furthermore, HM Markets offers leverage up to 1:500, enabling traders to engage in larger trades with relatively small capital investment. While high leverage magnifies opportunities for profit, it also comes with higher investment risk. Therefore, it's imperative to exercise caution when trading with high leverage, and fully understand the related risk factors.
The spreads at HM Markets are divided into variable spreads and ECN spreads. Variable spreads come from Equinix Tier 1 liquidity providers, with no transaction execution fees, but include brokerage fees in the spreads. On the other hand, ECN spreads come from multiple liquidity providers including Equinix banks and hedge funds, allowing traders to enjoy raw spreads as low as 0.1 point, with a fixed transaction fee of 10 USD per trade. This flexible spread structure offers traders more options.
Customer Support at HM Markets:
Customers can obtain HM Markets' customer support services through email and phone.
- Phone: +81 80-8050-7965
- Email: support@hmmarketsvip.com
Conclusion:
HM Markets is a forex broker headquartered in New York, USA. The company offers a variety of trading products, including foreign exchange, indices, commodities, and cryptocurrencies. Overall, HM Markets provides a suite of trading tools and services in the forex trading market, but investors should carefully assess risks and ensure they understand the regulatory and rule situation of the trading domicile. Currently, HM Markets is listed as 'Regulated' on Traderknows.