Score

1.22 /10
Danger

HM markets

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index4.76

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

HM markets · Company summary
Company NameHM Markets
Registered Country/AreaUnited States
Founded Year2023
RegulationUnited States National Futures Association; Unauthorized; Common Financial Service License
Tradable AssetsForex (over 50 spot and forward FX currency pair CFDs), Futures, Indices
Maximum Leverage1:100
Trading PlatformsWeb trader, iOS, Android
Demo AccountUnavailable
Customer SupportEmail: support@hmmarketsvip.com; Phone: +81 80-8050-7965; Address: 1 World Trade Center, NY, USA
Educational ResourcesUnavailable

Overview of HM markets

Founded in 2023 and headquartered in the United States, HM Markets operates without regulation from the United States National Futures Association with a Common Financial Service License. It currently functions without transparency regarding its service specifics, including account types and fees. Specializing in forex, futures, and indices, HM Markets offers trading via web, iOS, and Android platforms. The broker's lack of disclosed educational resources and demo accounts indicates challenges for traders seeking thorough support and transparent operations.

Overview of HM markets

Pros and Cons

ProsCons
Offers three types of trading productsUnregulated
Leverage up to 1:100Does not offer demo accounts
Provides three customer support options

Is HM markets legit?

HM Markets is associated with the domain hmmarkets.com, which was registered on November 12, 2022, and is set to expire on November 12, 2025. The domain is registered through Spaceship, Inc. However, it is unregulated.

Is HM markets legit?
Is HM markets legit?

Market Instruments

HM Markets provides 3 types of market instruments, including Forex, futures, and indices.

Tradable InstrumentsSupported
Forex
Futures
Indices

Leverage

HM Markets provides trading leverage up to 1:100.

Trading Platform

HM Markets offers a versatile trading platform accessible through web trader interfaces and mobile applications for iOS and Android systems. But it does not support MT4 and MT5.

Trading PlatformSupportedAvailable DevicesSuitable for
HM Markets platformMobile ( iOS and Android) and webBoth Beginner and Experienced Trader
MT5Mobile and Desktop(Windows & macOS)Experienced Trader
MT4Mobile and Desktop(Windows & macOS)Beginner

User Reviews

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User comment

2

Comments

Write a review

Ricardo Lim
more than one year
Overall, it's a decent broker. Not the best, not the worst. The platform allows for automated trading, but it doesn't integrate with all the popular trading bots.
Overall, it's a decent broker. Not the best, not the worst. The platform allows for automated trading, but it doesn't integrate with all the popular trading bots.
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2024-07-10 18:24
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FGHJK
more than one year
As for my experience with HM Markets, I have nothing but good things to say. In fact, I absolutely love it. Trading on HM Markets is always a breeze for me. Whether it's buying stocks or transferring funds, everything happens quickly. I'm a tough consumer to please, but HM markets has exceeded my expectations. I've never encountered any difficulties when reaching out to customer service. Maybe I'm just lucky, but I've transferred all my shares to HM Markets, and I'm glad I did.
As for my experience with HM Markets, I have nothing but good things to say. In fact, I absolutely love it. Trading on HM Markets is always a breeze for me. Whether it's buying stocks or transferring funds, everything happens quickly. I'm a tough consumer to please, but HM markets has exceeded my expectations. I've never encountered any difficulties when reaching out to customer service. Maybe I'm just lucky, but I've transferred all my shares to HM Markets, and I'm glad I did.
Translate to English
2024-03-17 22:41
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