marketsinter.com is a broker website providing contract for difference (CFD) trading services, with its domain registered on September 4, 2024. The broker operates under the trading name "HF Markets" and claims to offer investors a variety of financial derivative CFD trading services, including forex, precious metals, crude oil, indices, and cryptocurrencies.
Company Services
Opening an Account
The process to open an account with HF Markets is as follows:
- Visit marketsinter.com and click "Register" on the homepage or at the top right corner of the webpage to go to the registration page.
- Fill in your name, email address, and password in the registration form, receive a verification code via email, and enter it in the form. Once submitted, the account creation is complete.
- After logging into the account, users need to complete KYC verification before they can start trading.
Trading Account Information
marketsinter.com has only disclosed information regarding spreads, trading leverage, margin call/stop-out levels, and contract sizes. However, it has not provided details on account types, trading commissions, minimum/maximum trading volume, maximum position/order size, or minimum price precision.
- Spreads: Floating spreads starting from 1 pip
- Trading Leverage: 1:100—1:500
- Margin Call/Stop-Out Levels: 100%/50%
- Contract Size: 1 lot = 100,000 units of currency
Trading Platform
According to the public information on marketsinter.com, it provides the ST5 trading platform, limited to web and mobile versions. However, the mobile app links on the official website reveal that the trading software is listed as Sdcfskdvt on the App Store and FNHIJEILINE on Google Play.
Deposit and Withdrawal Methods
marketsinter.com does not clearly specify the supported deposit and withdrawal methods on its website, nor does it provide details on related fees, minimum amounts, etc.
Contact Information and Social Media
marketsinter.com does not have accounts on major social media platforms like Facebook, Instagram, or Twitter. Investors can only contact the broker via email to receive customer support services.
Company Background and Regulation
Corporate Background
marketsinter.com is a subsidiary of HF Markets in Japan. Its US headquarters is located in Tulsa, Oklahoma, providing retail and commercial banking services in the Midwest and Southwest regions of the US. It is one of the 50 largest financial services companies in the US and the largest in Oklahoma.
However, the homepage of marketsinter.com claims that HF Markets is headquartered in Australia, and its subsidiaries are authorized and regulated by the Australian Securities and Investments Commission (ASIC), with license number 488828. This presents conflicting information on the website.
Regulatory Check
A check on the ASIC website shows that the entity with license number 488828 is STAR FUNDS MANAGEMENT PTY LTD, and records indicate that this company has never used the trading name "HF Markets."
Further investigation reveals a legitimate broker "HF Markets," suggesting that marketsinter.com may be impersonating this broker to deceive investors. Additionally, the website's privacy policy, risk warning, and disclaimer documents are rudimentary and contain minimal effective information.
Conclusion
Traderknows cautions investors that marketsinter.com lacks legitimate corporate registration and effective regulation. Moreover, it appears to have copied regulatory information from other legitimate brokers.
Investors should prioritize regulated and transparent institutions when choosing a trading platform to avoid potential financial losses and investment risks.
