HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (2024)

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (1)

Overall, HD Markets can be summarised as a well-known broker that is very competitive in terms of its trading fees. Their spread is also very low with ZAR accounts and noteworthy customer support. HD Markets has an extremely low trust score.

🔎 Broker🥇 HD Markets
🎉 BonusN/A
🪙 Account CurrencyUSD / ZAR
🤝 Support24/5
📈 RegulatedFSCA
📉 Founded2017
💵 Deposit OptionsCredit Card, Bank Transfer, PayFast
🔁 Spreads from0.1 Pips
💰 Min. Deposit$10 USD
📌 Broker TypeSTP / NDD
💻 Trading PlatformMT4

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review – Analysis of Brokers’ Main Features

  1. HD Markets Overview
  2. HD Markets Detailed Summary
  3. HD Markets Safety and Security
  4. HD Markets Sign-Up Bonus
  5. HD Markets Minimum Deposit
  6. HD Markets Account Types
  7. How to open a trading account – A Step by Step Guide
  8. HD Markets Trading Platforms
  9. HD Markets Deposit and Withdrawal
  10. Conclusion
  11. Frequently Asked Questions

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (3)

HD Markets Overview

The HD Markets online trading brokerage offers its clients access to forex and CFD tradingservices through two business units. The company offers low spreads and high leverage of 1:1000 to its users – However, it offers no account types.

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (4)

HD Markets Detailed Summary

🔎 Broker🥇 HD Markets
🎉 BonusN/A
🪙 Account CurrencyUSD / ZAR
🤝 Support24/5
📈 RegulatedFSCA
📉 Founded2017
💵 Deposit OptionsCredit Card, Bank Transfer, PayFast
🔁 Spreads from0.1 Pips
💰 Min. Deposit$10 USD
📌 Broker TypeSTP / NDD
💻 Trading PlatformMT4

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (5)

HD Markets Safety and Security

This broker’s website mentions HD Markets’ regulatory status on the main page and the provider claims to be FAIS and FSCA registered. Furthermore, no mention is made of account types or segregated accounts.

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (6)

HD Markets Sign-Up Bonus

HD Markets does not offer a Sign Up Bonus. HD Markets also does not offer a welcome bonus or deposit bonus or the advantage of a no-deposit bonus when traders register a real account for the first time.

🔎 Broker🥇 HD Markets
🎉 Sign-Up BonusNo
🎁 Welcome BonusNo
❤️ No Deposit BonusNo
🚀 Open an Account👉 Click Here

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (7)

HD Markets Minimum Deposit

The minimum deposit amount required to register an HD Markets live trading account is $10 USD. HD Markets provides 2 different live trading accounts, USD and ZAR.

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (9)

HD Markets Account Types

HD Markets provides 2 different live trading accounts, USD and ZAR. The minimum deposit amount required to register an HD Markets live trading account is $10 USD.

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (10)

How to open a trading account – A Step by Step Guide

Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative. This is a step-by-step guide on how to open an AvaTrade Account.

1. Step 1: Start the AvaTrade Account Registration

In order to register an account with AvaTrade the applicant can simply click on the orange “Register Now” button located at the top of the Avatrade webpage. The Applicant will be required to supply a valid email address and create a secure password in order for the account to be created.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (11)

2. Step 2: Complete the AvaTrade Account Registration

In order for the account registration to be completed an online registration form with required fields must be successfully completed.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (12)

HD Markets Trading Platforms

HD Markets makes a single trading platform available – MetaTrader 4.

🔎 Features🥈 MT4
⌛ Timeframes9
⚙️ Technical Indicators30
📊 Analytical Objects31
✅ Economic Calendar❌ No
🚀 Platform Speed32 bit
💻 Order ExecutionMarket Execution
📈 Pending Order Types4
📌 Hedging☑️ Yes
☑️ Strategy TesterSingle Thread

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (13)

HD Markets Deposit and Withdrawal

HD Markets offers a wide range of Deposit Options and Withdrawal methods, including credit cards, bank transfers, and PayFast.

🚩Please Take note: This Broker is no longer in operation. AvaTrade is a Trusted Broker Alternative.

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (14)

Conclusion

Overall, HD Markets has an extremely low trust score and is no longer in operation. A trusted, well-regulated Broker alternative is AvaTrade.

You might also like: AvaTrade Review

You might also like: AvaTrade Sign-Up Bonus

You might also like: AvaTrade Minimum Deposit

You might also like: AvaTrade Account Types

You might also like: AvaTrade Demo Account

You might also like: AvaTrade Fees, Spreads, and Commission

Frequently Asked Questions

Is HD Markets a trusted Broker?

No. HD Markets has a very low trust score and is no longer in operation.

Who is a trusted alternative to HD Markets?

A trusted alternative to HD Markets is AvaTrade.

4.7/5 - (22 votes)

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (16)

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

Table of Contents

HD Markets Review ☑️ Unbiased Pros and Cons Revealed (2024) (2024)

FAQs

Is HD Markets a good broker? ›

Overall, HD Markets can be summarised as a well-known broker that is very competitive in terms of its trading fees. Their spread is also very low with ZAR accounts and noteworthy customer support.

Is IC Markets trustworthy? ›

IC Markets is regulated by at least one top-tier regulator

Brokers overseen by top-tier regulators are seldom - if ever - scams. They must keep clients' money segregated from their operational funds, offer fair fees and prices as well as provide transparent trade execution.

Which IC market is best? ›

IC Markets Global MetaTrader 4 and 5 platforms are the preferred choice for active day traders and scalpers globally.

Is Markets.com legitimate? ›

Is markets.com a scam? markets.com is a global company with more than 5m registered accounts which is regulated in Europe, UK, BVI, Australia and South Africa. Unfortunately, there are certain websites and fraudsters who wish to take advantage of our brand name and seek to impersonate us.

Who is the number 1 online broker? ›

Fidelity Investments. Our ratings take into account the range of fees, features and tools offered by each online broker platform. Ratings are determined solely by our editorial team. Fidelity is our pick for best overall online broker.

What is the most reliable stock broker? ›

Summary of the best online brokers:
  • Fidelity Investments.
  • Interactive Brokers.
  • Charles Schwab.
  • Webull.
  • J.P. Morgan Self-Directed Investing.
  • Robinhood.
  • SoFi Active Investing.
  • E*TRADE.

Is IC Markets allowed in USA? ›

IC Markets Global does not accept US clients.

US CTFC regulation prevents US clients from trading with brokers outside the US. IC Markets Global complies with International regulations.

How much does IC Markets withdrawal take? ›

IC Markets Global does not charge any additional fees for deposits or withdrawals. You should however be aware that you may incur fees, such as intermediary fees, on payments to and from some international banking institutions.

What are the disadvantages of IC Markets? ›

Cons
  • Ease of Use. The interfaces of MetaTrader 4, 5, and even cTrader are quite outdated. ...
  • Available Assets. At IC Markets, you can only trade CFDs, making it unsuitable for those interested in tangible assets like stocks or ETFs.
  • Support. While the support team is friendly, they may not always provide detailed answers.
Mar 3, 2024

Which is better XM or IC Markets? ›

While IC Markets remains the better choice for established algorithmic traders, XM provides an overall better choice for most traders, taking a narrow lead. Its low minimum deposit requirement ensures all traders can afford an account, while high-volume traders can achieve lower trading costs versus IC Markets.

How long does IC Markets withdrawal take? ›

Credit / Debit Card withdrawals* are processed free of charge. Once processed, Credit / Debit Card withdrawals may take 3-5 business days to reach you credit card. You should however be aware that in some rare occasions, this may sometimes take up to 10 business days depending on the banks end.

Which country is IC Markets? ›

Services. IC Markets operates in regions such as Latin America, Africa, Europe, and its native Australia. The organization runs its European operations with its regulated entity in Cyprus.

Which website is best for market analysis? ›

List of best websites for stock market news and analysis
  • TradingView.com.
  • Gocharting.com.
  • MoneyControl.com.
  • Screener.in.
  • Tradingeconomics.com.

What is a market fake out? ›

Fakeout is a term used in technical analysis to refer to a situation in which a trader enters into a position in anticipation of a future transaction signal or price movement, but the signal or movement never develops and the asset moves in the opposite direction.

What is the minimum deposit for markets com? ›

The markets.com minimum deposit is the equivalent of 100 in the following currencies: USD/EUR/GBP. You can see the available funding methods we offer under the section “Deposits & Withdrawals”. Or check out the methods you can use on the Web Trader platform by clicking “Add Funds” on the top toolbar.

How do you know if a broker is legit? ›

Visit FINRA BrokerCheck or call FINRA at (800) 289-9999. Or, visit the SEC's Investment Adviser Public Disclosure (IAPD) website. Also, contact your state securities regulator. Check SEC Action Lookup tool for formal actions that the SEC has brought against individuals.

What is the fastest growing broker in the world? ›

This year, the event attracted more than 3,500 industry experts from 160 countries, with more than 100 speakers from 1,600 companies taking the stage. The highlight of iFX Expo Latam 2024 was the award ceremony, where Fxview was honoured with the title of the Fastest Growing Broker.

What is the most popular stock broker? ›

While it is impossible to recommend any one brokerage for every investor, the most popular brokerage providers are Charles Schwab, Fidelity Investments, E*TRADE, and Vanguard. These companies provide brokerage services to millions of clients.

Which type of forex broker is best? ›

  • Best Forex Brokers.
  • CMC Markets: Best Overall and Best for Range of Offerings.
  • London Capital Group (LCG): Best for Beginners.
  • Saxo Capital Markets: Best for Advanced Traders.
  • XTB Online Trading: Best for Low Costs.
  • IG: Best for U.S. Traders.
  • Pepperstone: Best for Trading Experience.
  • Frequently Asked Questions.

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