High Rise Market LLC Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-12 17:20

Abstract：High Rise Market LLC was registered in Azerbaijan, and it is a broker which offers trading services related to forex, indices, commidities, energy, metals, and cryptocurrency. It offers 3 types of accounts, among which the spread is from 0.6 pips and the leverage can be up to 1:500. However, it should be noted that this company is not regulated, and the potential risks cannot be ignored.

　　Note: High Rise Market LLC's official website - https://highrise.market/ is currently inaccessible normally.

High Rise Market LLCReview Summary
Founded	/
Registered Country/Region	Azerbaijan
Regulation	No regulation
Market Instruments	Forex, Indices, Commodities, Energy, Metals, Cryptocurrency CFDs
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.2 pips (Standard account)
Trading Platform	MT4, MT5
Min Deposit	/
Customer Support	24/7 support
	Tel: +994 12 310 35 10
	Email: info@highrisemarketfx.com
	Facebook: https://facebook.com/hrmfx1
	Address: Jafar Jabbarli Street Caspian Plaza No 109 Baku, Azerbaijan

　　High Rise Market LLC was registered in Azerbaijan, and it is a broker which offers trading services related to forex, indices, commidities, energy, metals, and cryptocurrency. It offers 3 types of accounts, among which the spread is from 0.6 pips and the leverage can be up to 1:500. However, it should be noted that this company is not regulated, and the potential risks cannot be ignored.

Pros and Cons

Pros	Cons
Wide selection of trading assets	Inaccessible website
Demo accounts	No regulation
Multiple account types	Unknown minimum deposit
MT4 and MT5 provided	Limited payment options
24/7 customer support

Is High Rise Market LLC Legit?

　　No, High Rise Market LLC is not regulated by the financial services regulatory authority in Azerbaijan, which means that the company lacks regulation from its registration site. Moreover, its domain cannot be found. Therefore, please note the potential risks.

What Can I Trade on High Rise Market LLC?

　　High Rise Market LLC provides a variety of products, including forex, indices, commodities, energy, metals, and cryptocurrency CFDs.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Commodities	✔
Energy	✔
Metals	✔
Cryptocurrency CFDs	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

What Can I Trade on High Rise Market LLC?

Account Type/Spread

　　High Rise Market LLC provides 3 types of accounts, including Standard, Gold, and VIP. Besides, a demo account is also available.

Account Type	Spread
Standard	From 1.2 pips
Gold	From 0.8 pips
VIP	From 0.6 pips

Leverage

　　The leverage can be up to 1:500, which is not low. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.

Trading Platform

　　High Rise Market LLC uses MT4 and MT5 as its trading platforms, both of which are recommended trading platforms. Customers can trade on different types of devices, including web, PC, and mobile ones.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, PC, mobile	Beginners
MT5	✔	Web, PC, mobile	Experienced traders

Deposit and Withdrawal

　　High Rise Market LLC supports 2 types of payment options: bank transfer and credit cards. What's more, it charges a certain amount of fees.

Deposit Options	Fees
Bank Transfer	❌
Credit Cards	EUR: ❌
Credit Cards	USD: 5% of deposited amount

Withdrawal Currency Types	Processing Time
USD	Before 1 PM GMT: same day
USD	After 1 PM GMT: waiting until the next business day
Others	Within 2 business days

Withdrawal Currency Types	Fees
USD	Threshold: $1,000
USD	Amounts smaller than threshold: $30
EUR	Threshold: €800
EUR	Amounts smaller than threshold: €16