Score

1.49 /10
Danger

Hanson Markets

New Zealand

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.88

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • 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

Hanson Markets · Company summary

General Information & Regulation

Hanson Markets, a trading name of BTL Finance NZ Limited, is allegedly an independent investment broker and wealth management firm offering broker and asset management services as well as solutions for issues related to investments of private and corporate clients. It is based in New Zealand and founded in 2012, claiming to provide its clients with a variety of tradable financial instruments with leverage up to 1:500, low spreads and commissions on the Hanson Trader trading platform, as well as 24/5 customer support service.

Market Instruments

Hanson Markets advertises that it is a multi-asset platform with an extensive range of trading instruments in financial markets, including 64+ forex pairs, 9+ CFDs, indices, commodities, metals, stock indices and cryptocurrencies.

Account Types

There is only one standard account type offered by Hanson Markets, yet the broker didnt directly reveal any specific information about the minimum initial deposit requirement on its official site.

Leverage

The maximum leverage ratio provided by Hanson Markets is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Hanson Markets claims that it offers low average spreads and low commissions. And in the interface of Trading Platforms-Hanson Trader, we found that the spread on the Hanson Trader account is as low as 1.2 pips.

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Trading Platform Available

When it comes to trading platforms available, Hanson Markets gives traders three choices: Hanson Trader (desktop), Hanson (iOS) Trader and Hanson Android Trader. Hanson Trader is advertised as a supreme trading platform equipped with full Indicator and technical analysis functionality. In particular, it offers 1 click trading and built-in News functionality, technical analysis tools with 30+ indicators and charting tools, 3 chart types, etc. While with Hanson (iOS) Trader and Hanson Android Trader, trading can be done from anywhere and at any time through the right mobile terminals.

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Tools

Also, Hanson Markets provides its clients with some trading tools including Economic Calendar and Fibonacci Calculator. The broker says the real-time Economic Calendar covers economic events and indicators from all over the world and it is automatically updated when new data is released. While the Fibonacci Calculator can calculate the potential support and resistance retracement levels in the trend you are currently following.

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Deposit & Withdrawal

Hanson Markets accepts deposits and withdrawals via wire transfers and bitcoins. The minimum deposit requirement is $25. All wire transfer deposits or withdrawals require a commission fee of $25. As for the processing time of withdrawal requests, withdrawals through wire transfers require 3-5 days to process, while all BTC payments are instant.

Customer Support

Hanson Markets customer support can be reached by telephone: 85282217155, email: support@hansonmarkets.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook and Skype. Registered Office: 6/68 Remuera Road New Market Auckland 1149 New Zealand.

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miradafria529
more than one year
Negative experience with Hanson Markets. After opening an account with them and depositing funds, I encountered significant issues with their trading platform. The platform was unstable and often crashed during my trades, causing me to lose money. Additionally, I experienced significant slippage and delays in executing my trades. When I contacted customer service for assistance, I found them unresponsive and unhelpful. I now regret it very much. I'll definitely be more careful in the future.
Negative experience with Hanson Markets. After opening an account with them and depositing funds, I encountered significant issues with their trading platform. The platform was unstable and often crashed during my trades, causing me to lose money. Additionally, I experienced significant slippage and delays in executing my trades. When I contacted customer service for assistance, I found them unresponsive and unhelpful. I now regret it very much. I'll definitely be more careful in the future.
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2023-04-23 15:53
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FX1422930124
more than one year
While the trading conditions looked appealing, I was concerned to find out that it is not a regulated one. This means that my investments may not be protected in case of a possible scam. Additionally, I did some research online and found some negative feedback from customers who had experienced slippage, delays in withdrawals, and poor customer service. Based on this information, I decided not to trade with Hanson Markets and opted for a regulated broker instead.
While the trading conditions looked appealing, I was concerned to find out that it is not a regulated one. This means that my investments may not be protected in case of a possible scam. Additionally, I did some research online and found some negative feedback from customers who had experienced slippage, delays in withdrawals, and poor customer service. Based on this information, I decided not to trade with Hanson Markets and opted for a regulated broker instead.
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2023-04-23 14:46
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