WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

HMS MARKETS

Luxembourg|5-10 years|
Suspicious Scope of Business|High potential risk|

http://www.hms.lu/en

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Bangladesh 2.47

Surpassed 15.20% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+352 45 11 11
(+352) 45 11 11
http://www.hms.lu/en
info@hms.lu

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

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

HMS MARKETS · WikiFX Survey

Users who viewed HMS MARKETS also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IUX

8.82
Score
2-5 yearsRegulated in AustraliaStraight Through Processing(STP)MT5 Full License
Official website

Vantage

8.65
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

HMS MARKETS · Company Summary

HMS MARKETS Basic Information
Company Name HMS MARKETS
Founded 1972
Headquarters Luxembourg
Regulations Unregulated
Tradable Assets Forex, CFDs, Metals, Energy Sources, Stocks, ETFs, Indices
Account Types Demo, Standard, Segregated
Minimum Deposit $1,000
Maximum Leverage 1:40
Spreads Floating
Commission Not specified
Deposit Methods Wire Transfer
Trading Platforms Web-based, Mobile (iOS, Android)
Customer Support Phone:(+352) 45 11 11, Email:info@hms.lu
Education Resources Not specified
Bonus Offerings Not specified

Overview of HMS MARKETS

HMS Markets, based in Luxembourg since 1972, offers a comprehensive range of trading options including forex, CFDs, metals, energy sources, and more. It caters to diverse trading needs with a variety of account types such as demo, standard, and segregated accounts, and supports these with a maximum leverage of 1:40. The trading experience is facilitated by a user-friendly web-based platform and mobile applications compatible with iOS and Android devices. However, potential clients should note that HMS Markets operates without regulatory oversight, which raises concerns regarding the security and transparency of its operations.

Overview of HMS MARKETS

Is HMS MARKETS Legit?

HMS MARKETS is not regulated by any recognized financial regulatory authority. As an unregulated broker, it operates without oversight from regulatory bodies that are responsible for ensuring compliance with industry standards and protecting the interests of traders. This lack of regulation raises concerns about the safety and security of funds, as well as the transparency of the broker's business practices.

Is HMS MARKETS Legit?

Pros and Cons

HMS Markets offers a wide range of trading instruments and platforms that appeal to various traders, providing flexibility with accounts that cater to different experience levels and risk preferences. The availability of a web-based platform and mobile apps ensures that trading can be conducted conveniently from multiple devices. However, the major drawback of HMS Markets is its unregulated status, which introduces significant risks regarding the security of funds and overall transparency of the brokerage's operations.

Pros Cons
  • Wide range of trading instruments
  • Unregulated, raising security and transparency concerns
  • Various account types for all traders
  • Web-based platform and mobile apps available

Trading Instruments

HMS Markets offers a wide range of trading instruments with leverage up to 1:40 across various categories:

1. Forex: A substantial selection of 161 currency pairs, including major pairs like AUD/USD, EUR/USD, GBP/USD, and exotic pairs involving currencies like CZK, MXN, and ZAR.

2. CFDs: Includes access to 3000 assets, encompassing markets like indices, futures, and various products.

3. Metals: Trading in precious metals such as gold and silver.

4. Energy Sources: Involves commodities like oil and gas.

5. Stock Exchange and Related Instruments: Access to major stock exchanges such as NYSE, Eurex, Euronext, FBW, and LSE. Also offers futures, promotions, exchange goods, and funds including ETFs.

Trading Instruments

Here is a comparison table of trading instruments offered by different brokers:

Broker Forex Metals Crypto CFD Indexes Stocks ETFs
HMS MARKETS Yes Yes No Yes Yes Yes Yes
AMarkets Yes Yes No Yes Yes Yes No
Tickmill Yes Yes Yes Yes Yes Yes No
EXNESS Group Yes Yes Yes Yes Yes Yes No

Account Types

HMS Markets offers three types of trading accounts:

1. Demo Accounts: Time-limited accounts for practice without financial risk.

2. Standard Accounts: Access to all trading instruments with standard conditions.

3. Segregated Accounts: Enhanced security with trader funds kept separate from company assets.

Leverage

HMS Markets offers a leverage of up to 1:40 across various trading instruments including forex, CFDs, metals, and energy sources. This allows traders to increase their trading position size using a relatively small amount of capital.

Here is a comparison table of maximum leverage offered by different brokers:

Broker HMS MARKETS Capital Bear Quadcode Markets Deriv
Maximum Leverage 1:40 1:5 1:30 1:1000

Spreads and Commissions

HMS Markets utilizes floating spreads, which means the spreads vary in real-time based on market conditions and liquidity. The broker does not specify fixed spreads or commissions, indicating that costs to trade may fluctuate with market dynamics.

Spreads and Commissions

Deposit & Withdraw Methods

HMS Markets supports deposits and withdrawals exclusively via wire transfer. The minimum deposit requirement is $1,000, and transactions must be made in Euros (EUR).

Trading Platforms

HMS Markets offers a web-based trading platform accessible through browsers, ensuring compatibility across different devices without the need for software installation. Additionally, they provide mobile trading options with apps available for both iOS and Android devices, catering to traders who prefer managing their investments on-the-go.

Trading Platforms

Customer Support

HMS Markets provides customer support through a dedicated phone line at (+352) 45 11 11 and via email at info@hms.lu. These channels offer direct access to assistance for account and trading inquiries.

Conclusion

HMS Markets presents a versatile trading environment with an extensive selection of trading instruments and platform options that cater to various investor preferences, supported by diverse account types and accessible technology. However, the lack of regulatory oversight is a critical concern, casting doubt on the brokerage's commitment to customer security and operational transparency. While the technological conveniences and broad market access are significant advantages, potential traders should carefully consider the risks associated with the unregulated nature of HMS Markets before committing funds.

FAQs

Q: What types of financial instruments can I trade with HMS Markets?

A: HMS Markets offers trading in forex, CFDs, metals, energies, and various stock exchange instruments including futures and ETFs.

Q: How can I start trading with HMS Markets?

A: To begin trading with HMS Markets, you need to open an account, which can be a demo, standard, or segregated type, and make a minimum deposit of $1,000.

Q: What platforms does HMS Markets support for trading?

A: The broker provides a web-based trading platform along with mobile applications for both Android and iOS devices, facilitating trading on-the-go.

Q: Are there any regulatory bodies overseeing HMS Markets' operations?

A: No, HMS Markets does not fall under the oversight of any recognized financial regulatory authorities, which is a crucial factor to consider regarding safety and transparency.

Q: What is the maximum leverage offered by HMS Markets?

A: HMS Markets offers leverage up to 1:40 across its various trading instruments.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

Broker Information

Company Name

HMS LUX S.A.

Abbreviation

HMS MARKETS

Regulatory Status

No Regulation

Platform registered country and region

Luxembourg

Company website
Phone of the company
  • +352 45 11 11

  • info@hms.lu

X
  • info@hms.lu

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • (+352) 45 11 11

  • info@hms.lu

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com