HQBroker Review – is it scam or safe? HQBroker offers four types of live trading accounts, but there is no clearly displayed specific information about the spreads or the leverage offered by the broker. The spreads, in particular, are forex broker reviews fxcm message very important element of the trading and can be a deal-breaker.
Normally, the brokers are trying to attract clients indeed by offering more favorable spreads than their competition, at least at first sight. It is true that the leverage can also be attractive, but the more experienced traders know very well that the leverage can be a double-edged knife and the higher the leverage, the bigger the risk, especially when the minimum required deposit is higher. CFDs on commodities, equity shares, metals and stocks. In addition to the live trading accounts, HQBroker also offers a demo account for testing purposes.
HQBroker brand is operated by Hokkaido Investments Sp. However, according to the information in the HQBroker’s terms and conditions, another company acts as a principal broker for the Hokkaido Investments Sp. The thing about offshore companies with flimsy regulation, if they have any at all, are extremely risky to deal with, no matter what they tell you. The Marshall Islands, Saint Vincent and the Grenadines, the Seychelles or other sunny places with nice beaches, low taxes and lax business requirements, more often than not attract fraudulent companies looking to make a quick buck and make off with their clients’ money. There is also the option to use the mobile applications of MT4 or the web-based version. In over a decade MT4 has managed to become the favorite of brokers and traders alike. MT4 is a stable and reliable multiasset platform that offers numerous features and options, charting and analysis tools and supports expert advisors.