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Independent rating of Forex broker HMS Markets

1/10 (votes 100)

On-line since
2001
Country of origin
Luxembourg
Regulation
Registered in Luxembourg (registration number: B-10.559).
Payment options
Wire transfer
Minimum account size
5,000$
Minimum lot size
0.01 lot
Leverage
up 1:10 to 1:50
Spreads
Variable; 3 pips on average on EUR/USD

HMS Markets Company was found in 1972.
HMS Markets is regulated by the Commission de Surveillance du Secteur Financier Luxembourg (CSSF); HMS LUX S.A. is one of the leading inter-dealer brokerage companies in Luxembourg, which service banks, hedge funds, traders and investors around the world.
HMS LUX S.A. is an independent firm licensed as Commissionaire et Courtier en Instruments Financiers.
HMS LUX S.A. is a member of the Deposit Guarantee and Investor Compensation Scheme in Luxembourg.

Comments

Author: HunterForex45 Date: 2016-10-13 06:18:25 (UTC+3)
I wanted to share my experience. I'm a scalper trader with my own EA that is actually trading during larger market movements including news. I tried several brokers including FXPro, Pepperstone, FXCM and couple of others and my EA does perform the best with iamfx sofar. They definitely have one of the best order execution quality I experienced on mt4. Just last 2 weeks I had more than 23 pips positive slippage on about 100 orders (meaning my orders got closed on better price than my ea requested). Especially after weekend market gaps. I have never experienced this with other brokers I have accounts with and this simply proves, at least to me, that they are a true broker. Hope my experience help other ea scalper traders cause it's really hard to find such quality and scalper friendly broker at the same time these days. Their live chat support is nice and prompt - chatted. Sofar had no issues.
Author: Hossman Date: 2016-08-17 06:45:33 (UTC+3)
It has been one year when I started to trade with HMS Markets broker and it was good choice for me. Because of their spreads are really great and low, which is make me more exciting in trading with them. in addition, it was easy to setup the account, no funding trouble even with minimum deposit; and withdrawal with them, I have not faced any problem. I also got welcome bonus after creating account.
Author: asterIo Date: 2016-08-03 04:17:16 (UTC+3)
Not recommended. This broker is only good for the big-time investors. The minimum deposit is too huge. Even myself couldn't afford to open an account.
Author: Dedrick Date: 2016-08-02 04:33:34 (UTC+3)
Horrible Customer service. Be aware!!! I would rather take my money to a different forex company. Customer service agents at HMS Markets are not professional at all. I had a problem with a paypal deposit. Their web site mentioned that the trade is instant and no restrictions were written under the paypal deposit. The restrictions concern only libertreserve.
Author: Auck Date: 2016-07-13 03:05:57 (UTC+3)
Threatening to seize all of a trader's gains is not only unethical, but illegal if you are overseen by any governing body. If were ethical and had a mind to good customer service, you would make the account types less confusing, and instead of stealing people's money, you would notify them that you will switch them to the proper type of account. (not that it should matter - but something tells me all the confusion, account types and regulations and restrictions facilitate scamming).
Author: fxweldias Date: 2016-06-28 08:27:47 (UTC+3)
Very very very bad. They said they are the best but it is a lie. I'm very disappointed with their services. Their support is very rude and fails on providing useful information. Platform is very slow. i don't recommend it to anyone.
Author: WaldoFat Date: 2016-04-19 18:39:49 (UTC+3)
Excellent broker with several good services. Also, reps are very professional too and they know how to guide me in this market.
Author: fxtesco Date: 2016-04-15 05:53:20 (UTC+3)
I think that minimum deposit is very high. The support is not really good and helpful. they don
Author: Joy FX Date: 2016-04-13 12:37:09 (UTC+3)
The minimum account size is too large. It will be impossible for my friends, which I could refer. I don’t have any problems with their services so far, but technical support is a bit slow.
Author: Clair Date: 2016-04-11 22:06:16 (UTC+3)
I worked with a demo and everything was fine, But their withdrawal processing takes a long time, their support should improve, but their plataform has a good execution.

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