There’s no account for experience in the tumultuous world of Forex trading and there are few brokers with more pedigree than HMS Markets. Established in 1972 and regulated by Luxemburg’s Commission de Surveillance du Secteur Financier, HMS has grown to become one of the country’s leading inter-dealer brokerage firms.
Cognisant of the ever-changing FX landscape and keen to expand their product led HMS Markets to enter the online market space in 2001 and since then they’ve developed a comprehensive packaged aimed at mid-level traders.
Although keen to welcome new investors via their demo platform, HMS has set their deposit levels to a point that makes them more suitable for those with prior trading experience.
HMS.lu’s Special FX:
One of the defining features of HMS which allows it to stand out from the crowd is its custom developed trading platform. Unlike other electronic brokers who utilise industry standard software such as MetaTrader 4, HMS has developed its own platform to complement its overall package.
HMS Trader 2 pulls together a range of features into a fully customisable. Designed with the idea of “flexible architecture” in mind, this platform allows traders to construct their workspace in a way that suits their needs.
As you’d expect from a powerful platform there is an in-built charting system for technical analysis, a live trading board and access to a slew of integrated tools. Also available in mobile and browser-based forms, this piece of software is one which certainly gives HMS an edge over its rivals. Indeed, because the company is focused on giving experienced traders a competitive platform, the ability to create a customised workspace is something that many will find appealing.
For those who wish to explore the many features of HMS Trader 2 a demo account is available with full access to the live FX market for 20 days. Once this trial has been exhausted a user will be able to fund into their account via wire transfers and begin real money trading on 160 currency pairs which are counted to 4 digits after the comma. It must be noted that for all users the minimum deposit is $5,000.
Thanks to deep liquidity and access to one of the most extensive currency pair selections on the market, traders are given competitive fixed spreads at HMS Markets with prices starting from 3 pips. Beyond this a minimum trading position of 0.01 lots is available alongside leverage of 1:50.