HMS Markets was created in 1972 and regulated by the Commission de Surveillance du Secteur Financier Luxembourg (CSSF), HMS LUX S.A. is one of Luxembourg’s leading inter-dealer brokerage firms servicing banks, hedge funds, active traders and investors across the globe. HMS Markets entered the online forex arena in 2001, the first year that forex trading was made available to individuals.
Company Name: HMS Markets
Online Since: 2001
Country: Luxembourg
Regulated: Registered in Luxembourg (registration number: B-10.559).
Payments/Withdrawals: Wire transfer
EUR/USD Spread: Variable – 3 pips on average
Minimum Account Size: € 5,000
Leverage: up to 1:50
Minimum Position: 0.1 lot
Platform(s): HMS Trader 2, HMS Webtrader
Mobile trading: HMS Mobile Trader
Demo Account: Yes (20 day limit)
Support: Email, phone
Training: No
Managed Accounts: No
Languages Supported: English, French
Trade what?: Forex, CFD’s Futures, Stocks, Gold and Silver
ECN/STP: No
Advantages: Trade stocks, forex, futures
Disadvantages: High minimum deposit, complicated to open an account, large spreads, no Metatrader 4 platform support, U.S. citizens not
accepted as clients
Partner Programs: No
Learn more about HMS Markets here
