HBC Market-Overview of Minimum Deposit, Spreads & Leverage

Note: HBC Market's official website https://hbc-markets.com/ is currently inaccessible normally.

HBC Market is a financial company registered in 2021 in the UK. It uses MT4 as its trading platform, and the minimum deposit is $250. The leverage can be up to 1:200. However, it is not regulated, which may bring potential risks.

Pros and Cons

Is HBC Market Legit?

HBC Market is not regulated by the financial services regulatory authority in the UK, which means that the company lacks regulation from its registration site.

What's more, FINMA (a financial market regulator in Switzerland) once issued a warning notice about HBC Market.

What Can I Trade on HBC Market?

HBCMarket claims to offer investors 4,500 financial instruments, including CFDs on Forex currency pairs, commodities, indices, precious metals, stocks, and cryptocurrencies.

Account Type

HBC Market offers 6 types of accounts: Micro, ECN, Bronze, Silver, Gold, and VIP. However, it does not mention whether a demo account is available or not.

Leverage

The leverage can be up to 1:200. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use high leverage levels in case of heavy fund losses.

Trading Platform

HBC Market claims to offer traders the MT4 trading platform. MT4 is currently the most popular multi-forex trading platform, known for its powerful charting tools, a large number of custom technical indicators, support for automated trading and robotic trading.

Deposit and Withdrawal

HBC Market supports different kinds of payment options, including credit cards, bank wire, POLi, Sofort, iDeal and GiroPay. However, other details such as the processing time and fees are not clear.