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Hanju Market -

Score

1.44 /10
Danger

Hanju Market

Canada

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://hanjumarket.com/trade/home

Influence

C

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Score

Regulatory Index0.00

Business Index6.45

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

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

1G

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!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Hanju Market · Company summary

Note: Hanju Market's official website: https://hanjumarket.com/ is currently inaccessible normally.

Hanju Market Review Summary
Founded2020
Registered Country/RegionCanada
RegulationUnregulated
Market InstrumentsForex pairs, CFDs, stocks, indices, commodities and cryptocurrencies.
Demo Account❌
Leverage1:1000
SpreadFrom 0 pips
Trading PlatformMetaTrader4
Min Deposit$20
Customer SupportEmail: support@Hanjumarket.live
Physical Address: 222 Queen St. Suite 1006 Ottawa ON, K1P 5V9 , Canada

Registered in Canada in 2020, Hanju Market is a forex broker that offers a diverse range of market instruments via the user-friendly MetaTrader 4 platform. It boasts a low minimum deposit requirement of $20. However, it operates without regulatory oversight, which is a point of concern.

Pros and Cons

Pros Cons
Wide range of tradable instrumentsInaccessible website
MT4 supportedLack of regulation
Low minimum depositNo demo accounts
Limited info on trading fees
Only email support

Is Hanju Market Legit?

Hanju Market is not regulated by any authority, which poses inherent risks to you when engaging in trading activities with the broker.

No license

What Can I Trade on Hanju Market?

Hanju Market offers a wide range of trading options, including over 50 forex pairs, more than 190 CFDs, stocks, indices, commodities, as well as over 50 types of cryptocurrencies.

CFDs: Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities...

Commodities: precious metals, oil...

Cryptocurrencies: Bitcoin, Litecoin, Ethereum...

Tradable Instruments Supported
Forex ✔
CFDs✔
Commodities✔
Indices✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌

Leverage

The maximum leverage provided by Hanju Market is 1:1000, which is extremely high and may increase the potential for both large gains and losses for you.

Trading Platform

Hanju Market claims to offer the professional MetaTrader 4 platform, but since its website is currently inaccessible, we have no way to test the platform with this unregulated broker.

Trading PlatformSupported Available Devices Suitable for
MT4✔WebBeginners
MT5❌/Experienced traders

Deposit and withdrawal

Hanju Market provides multiple deposit and withdrawal methods, including Bank Wire, VISA, MasterCard, bitwallet, PerfectMoney, and Skrill.

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Comments

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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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