General Information |
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Broker Name: | HQBroker |
Broker Type: | Forex |
Country: | Hong Kong |
Operating since year: | 2017 |
Regulation: | N/A |
Broker status: | Independent Broker |
Customer Service | |
Phone: | 852-5808-4980 |
Email: | [email protected] |
Languages: | English, French, Russian, Italian, Spanish, Portuguese, German |
Availability: | 24 hour support |
Trading | |
Trading Platforms: | MT4 (Compatible with iOS and Android), WebTrader |
Trading platform(s) timezone: | UTC +2 |
Demo Account: | No |
Mobile trading: | Yes |
Web based trading: | Yes |
Bonuses: | Initial Deposit Bonus |
Other trading instruments: | Currencies, CFDs, indices, commodities, equities, bitcoin |
Account | |
Minimum deposit ($) | $250 |
Maximal leverage (1:?) | 1:400 |
Spread | Fixed or Float |
Scalping allowed | Yes (For Investor) |
HQBroker Review 2020
The Ideal Broker for Experienced Traders
Review Contents:
- Introduction to HQBroker Review;
- Trading Accounts;
- Trading Terms;
- More information;
- HQBroker Review Results.
Introduction to HQBroker review
The HQBroker was founded by Capzone Ltd. in 2017. HQBroker is headquartered in Hong Kong. Although the company has been in business for only two years, it managed to have quite a positive impact. Their users vouch daily for HQBroker and its services.
The trading conditions of the broker are at a high level and the tools available for trading are also extensive. The types of accounts are diverse and the customer service is excellent.
This HQBroker review will help you make the right choice. There are many brokers in the industry these days. To avoid fraud, be sure to read the entire review. If you are not happy with the service offered by HQBroker, be sure to check out the other reviews at Financial Brokerage.
Trading Accounts
HQBroker offers its customers up to five different types of accounts. The types of accounts available at HQBroker vary depending on the needs and preferences of traders. Whether you are a beginner or a professional, you are sure to find what you need at HQBroker.
Below we list and discuss the characteristics of each account. In the next section, you can find additional information about accounts, leverage, etc.
Start Account
- Minimum deposit: $ 250
- Minimum lot size: 0.01
- Spreads: floating
- Trading platform: MT4
- Mobile commerce: yes
- Daily analysis: no
- Account Manager: yes
- 24-hour support: no
- Free VPS: no
The Starting Account is the simplest of all offered accounts. The minimum deposit is quite low. Spreads are floating and different for each trading instrument.
MT4 is the only platform available for trading. Mobile trading is offered on all accounts, as well as the account manager.
Silver Account
- Minimum deposit: $ 5,000
- Minimum lot size: 0.01
- Spreads: floating
- Trading platform: MT4
- Mobile commerce: yes
- Daily analysis: no
- Account Manager: Yes
- 24-hour support: no
- Free VPS: no
In the Silver Account, the minimum deposit is slightly higher, but this growth is justified, as the volume of trade increases. Investors who have sufficient experience in the market should use this account to test the platform. This is an ideal way to answer the question “Is HQBroker good?”
Gold Account
- Minimum deposit: $ 20,000
- Minimum lot size: 0.01
- Spreads: fixed
- Trading platform: MT4
- Mobile commerce: yes
- Daily analysis: no
- Account Manager: yes
- 24-hour support: no
- Free VPS: no
For a gold account, the stakes get a little higher. The minimum deposit increases to $ 20,000, although the spreads become fixed. To help you get an account manager. Mobile commerce is also available.
Platinum Account
- Minimum deposit: $ 50,000
- Minimum lot size: 0.01
- Spreads: fixed
- Trading platform: MT4
- Mobile commerce: yes
- Daily analysis: yes
- Account Manager: yes
- 24-hour support: no
- Free VPS: no
The Platinum Account offers daily analysis and fixed spreads. The minimum deposit is getting higher, but it’s worth it. A customer service manager can help you at any time.
Investor Account
- Minimum deposit: $ 100,000
- Minimum lot size: 0.01
- Spreads: fixed
- Trading platform: MT4
- Mobile commerce: yes
- Daily analysis: yes
- Account Manager: yes
- 24 hour support: yes
- Free VPS: Yes
The Investor Account is intended for confident traders. If you trust your skills enough to invest 100,000, then you will get great benefits.
Moreover, this account offers fixed spreads, mobile trading, daily analysis, round-the-clock manager support, and free VPS.
HQBroker also offers a demo account for traders who want to test the platform without making deposits. Also, if necessary, you can translate any account into Islamic.
Overall, HQBroker offers a wide range of accounts. Beginners can start with a basic one, and real traders can choose an Investor Account. The account should be chosen depending on the trading style. For instance, if you are a beginner, you do not need a free VPS.
But, If you are a professional, you need to deposit more money for a better trading volume. Is HQBroker a good broker? We think so.
HQBroker Trading Terms
HQBroker you can trade the following instruments: CFDs, commodities, metals, stocks, oil, gold, and indices. This list will satisfy all traders. Unfortunately, they do not offer cryptocurrency trading, although this is one of the largest markets.
But there are rumors on the forums that soon they plan to turn on cryptocurrency trading. In the meantime, the broker offers up to 50 currency pairs for trading on MT4. So, you can trade all goods and precious metals.
Leverage
The leverage offered at HQBroker depends on the account. For the first two levels, the maximum leverage provided is 1: 400, and for the last three – 1: 1000.
By opening an Investor Account, you can choose your leverage.
Leverage is important in investment. Higher leverage is suitable for a profitable investment, but it is also of great importance when you lose. You can lose your funds with high leverage since the rates will be much higher.
Be careful when setting leverage for transactions and be sure to contact the account manager at HQBroker to find out their opinion on this. HQBroker offers round-the-clock support from specialists, although it all depends on the type of account.
The benefits of using MT4 for trading are huge. As an independent trading platform, it remains the gold standard in the industry. It is ideal for trading currencies, commodities, stocks, cryptocurrency, and other goods.
Thanks to the multilingual platform, it is the most popular in the world. Also, it offers technical analysis, built-in charting tools, and more.
Also, automated trading is possible on this platform. On the MT4, you’ll get access to the MetaEditor, Strategy Tester, and Compiler tools.
Moreover, advisers are the most popular asset on the platform. You can create your ideal advisor for better trading.
In general, the trading conditions offered by HQBroker are very unusual. Tools that become available to investors after registration are useful from the very beginning. Although they vary depending on the type of account, most of the features offered for professional accounts will be useless to beginners. In general, we are pleased with the terms of trade at HQBroker.
More Information — Is HQBroker Good?
HQBroker has a reliable site with easy navigation. The site palette is pleasing to the eye and the menus are easy to understand. All the necessary information is easily available depending on the needs of the visitor.
The site is available in English, Italian, French, Russian, and Portuguese. Since HQBroker is a globally used broker, multilingual support is required. So, they managed to give their users what they needed.
HQBroker additionally offers training materials to its traders. They have instructional videos and a number of e-books. Content covers all kinds of tools, even those that the website does not offer. Obviously, the broker really cares about the needs of its customers.
They want to help their investors learn more about the industry without monopolizing their content.
HQBroker does not discuss its bonuses and promotions. As far as we know, they are present, but not advertised.
HQBroker payment options are quick and easy. You can deposit or withdraw money as follows:
- Credit cards
- Debit cards
- Bank transfers
- Electronic payments (Skrill, Neteller, etc.)
Deposit and withdrawal options may vary. However, the good news is that HQBroker does not offer any additional fees or minimum transfer amounts. The banking institution itself may charge a fee, and it is worthwhile to find out this issue before the transaction.
Company support is located in Hong Kong. They offer 24-hour assistance – Monday through Friday during trading hours for opening accounts. Moreover, the type of account “Investor” gives access to 24-hour support seven days a week.
This is very convenient, as trading with large amounts of support is required when necessary. In general, we are pleased with what we managed to find out.
HQBroker Review Results — A Great Broker for Both Professionals and Beginners
Overall, we are glad to see such a wonderful broker in the industry. The types of accounts are diverse, including a demo account that does not require investments. Trading conditions are reliable, and the proposed platform is the best.
Although we do not know the size of bonuses and promotions, we know that they are present. Most of the main and popular trading instruments are available to all investors.
In general, we are satisfied with the broker. We consider them one of the best in the market. You can easily find additional information about the broker on their website.
You can also contact support for details. So, we are pleased to introduce this broker to all traders!
Name: HQBroker
Description: HQBroker was founded by Capzone Ltd. in 2017. Due to the 2 years of experience in the industry, it managed to create a positive influence. The trading conditions are high; the elements available for trade are also vast. The account types are inclusive, and the customer service is excellent.
Overall
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Support
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Platform
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Spread
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Trading Instrument
Responsive customer support
Very responsive customer support. You can call them anytime, they are always available to assist 24 hours a day. Very friendly and helpful as well.
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Approachable brokers
Approachable brokers and account managers. I am glad to have them as my brokers, I have been gaining good profit.
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Excellent forex brokers
Excellent broker service. Been trading with them for a while but I don’t recall having any issues with them.
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Fast withdrawals
Fast withdrawals and good profit. I enjoy trading with this broker. Very minimal losses.Good forex broker overall.
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Accurate signals
Signals are so much accurate. This is a broker I can depend upon in forex trading. Hassle-free withdrawals and transactions. Highly recommended brokers.
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Quick withdrawals
Quick withdrawal and excellent services. I have been trading with them for a year and got no complaints. Awesome forex brokers.
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Overall good broker
I just joined them last month but my first impression is generally good. Here are my observations: friendly customer service, tight spreads, reliable signals, and fast withdrawals. Very happy with this broker, I will definitely recommend it.
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Good profit from this broker
I am very thankful to this broker service for helping me gain extra income. I just listen and follow the advice and I am gaining profit out of good trades.
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Excellent forex signals
Excellent signals and fast customer service response. Happy to recommend it.
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Good service
I am thankful for this broker for giving me this opportunity of earning extra money for my family. Good service.
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Good broker
This broker has really been very good to me. They have to help me not only gain profit but also have trained me on how to trade and shared some strategies.
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Helpful brokers
At first, I find their trading platform so complicated but my broker had helped me understand everything. I can now trade with ease. Very patient broker.
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Good trading conditions
They have good trading conditions especially leverage which very low. The only funny thing is the initial deposit of $1 which I believe is nonsense. It will get you nowhere.
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Great broker
I haven’t found any broker better than this. Signals bring good profit to my trading account.
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Fully satisfied
Support is brilliant, good platform and fast withdrawals. I’ve got nothing to complain about, fully satisfied.
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