Score

1.43 /10
Danger

Hanju Market

Canada

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.40

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Broker Information

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Company Name

Hanju Market LTD

Company Abbreviation

Hanju Market

Platform registered country and region

Canada

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Hanju Market · Company summary

General Information & Regulation

Hanju Market, owned by Hanju Market LTD is an online broker, which offers 8 asset types and more than 11,700 instruments for trading with its instant execution and specialized service offered, besides, the company was registered in Canada, however, the broker does not provide any offices location info as well as the regulation details.

Market Instruments

The official only shows that they focus on the Currencies including EUR, USD, CNY, RUB, and GOLD.

Accounts & Leverage

Based on one's initial investment, Hanju Market offers multiple account types with very different conditions including Micro Account, Standard Account, and ECN Account, the minimum deposit for the accounts varies between 5 USD and 1,000 USD, for instance, the Micro Account sets a limit to the minimum amount for 5 USD with 0.01 lot per trade, besides, the member of Standard Account should deposit 100 USD to open this kind of account, moreover, the ECN Account requires clients to deposit 1,000 USD at least. Concerning the leverage, the leverage for the account is capped at 1:1000.

Spreads & Commissions

Hanju Market offers tight spreads from 0 pips, and there are no invisible fees for the broker.

Trading Platform

Hanju Market is an MT4/MT5 White Label software provider, which are industry-recognized platforms available for free download to PC desktop devices and compatible to trade via all major web browsers.

Deposit & Withdrawal

Payment methods with Hanju Market include E-wallets (Skrill, Neteller), and Credit/Debit cards (Visa/MasterCard).

Customer Support

The support team is always at clients assistance with the best possible solutions to the queries. If so desired, please e-mail at support@Hanjumarket.live within a reasonable time.

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, and tax.

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FX1238707102
more than one year
The $5 deposit threshold is really attractive, but the fixed spread of 3 pips is too high and uncompetitive。 Although the leverage is high, I don't want to take such a big risk to trade. What's worse is that they don't even have a regulatory license, and the overall feeling to me is like a scam broker.
The $5 deposit threshold is really attractive, but the fixed spread of 3 pips is too high and uncompetitive。 Although the leverage is high, I don't want to take such a big risk to trade. What's worse is that they don't even have a regulatory license, and the overall feeling to me is like a scam broker.
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2023-02-17 15:13
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