Hunter FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：HunterFX was founded in 2017 by a team of professionals with backgrounds in finance, forex, and technology. HunterFX currently holds a financial services business license (license number: 565626) authorized by the New Zealand Financial Services Providers Registry.

　　General Information & Regulation

　　HunterFX was founded in 2017, an online broker offering forex trading services. HunterFX currently holds a financial services business license (license number: 565626) authorized by the New Zealand Financial Services Providers Register (FSPR), however, this license has been revoked now.

　　Market Instruments

　　Investors can trade popular financial instruments on the HunterFX platform, mainly Forex currency pairs, metals, energy, indices, and cryptocurrencies.

　　 Minimum Deposit

　　Hunter FX offers investors three different types of accounts: Standard, Cent Accounts, and ECN accounts. Since the Hunter FX official website can not be open at this moment, we have no idea about its minimum initial deposit requirement.

　　Hunter FX Leverage

　　When it comes to trading leverage, the Standard account offers the maximum leverage of up to 1:3000, and ECN account offers the maximum leverage of up to 1:1000. The trading leverage offered by this broker is way too high, so inexperienced traders are not advised not use such high trading leverage.

　　Spreads & Commissions

　　The minimum spread for standard accounts is 1 pip for EURUSD, 1 pip for EURGBP, 3.8 pips for XAUUSD, 3.1 pips for XGUUSD, 4.0 pips for USOil, 4.0 pips for UKOil, 1.1 pips for Germany DAX30 and 2050 pips for Bitcoin. The minimum spread for USD EUR is 1 pip, for GBP EUR is 1 pip, for USD GOLD is 3.8 pips, for USD SILVER is 3.1 pips, for US Crude Oil is 4.0 pips, for UK Crude Oil is 4.0 pips. The minimum spread for USD EUR is 0 pips, for GBP EUR is 0 pips, for USD GOLD is 1.0 pips, the minimum spread for Silver USD is 0.4 pips, and the trading commission is 3 USD per lot (one side). The minimum spread for US crude oil is 2.0 pips, the minimum spread for UK crude oil is 2.0 pips, the minimum spread for German DAX30 is 0.4 pips, and the minimum spread for Bitcoin is 410 pips.

　　Trading Platform

　　Hunter FX offers traders the flexibility to choose from the market-leading and highly acclaimed MT4 trading platform, as well as MT4 web, desktop, and mobile versions. MT4 has a fully customizable trading interface, the ability to trade with one click, and innovative trader analysis tools.

　　Deposit & Withdrawal

　　Hunter FX supports deposit methods such as Bitcoin, QuickTransfer, local bank transfers, local savings, and no commission fees for incoming and outgoing deposits.