Hive Markets

Hive Markets 5850556762

General Information

Registered in Hong Kong, Hive Markets is a forex and CFD trading service provider offering a series of trading instruments to both retail and professional traders, including Forex, Cryptocurrency, Metals, Indices, US Shares, EU Shares, Energies through the advanced MT4 trading platform. With the Hive Markets platform, investors have the flexibility to choose from four trading accounts, Mini, Var, Pro, ECN, Islamic, with the maximum trading leverage up to 1:500.

Please note that Hive Markets is not authorized or regulated by any regulatory authority. Be aware of the risk.

Market Instruments

Hive Markets boasts that it provides a massive financial markets to get access to, which including the following:

• 55 currency pairs

• 64 stocks

• 18 cryptocurrencies

• Gold, Silver, Platinum, Copper,

• Indices

• EU Share, US Shares

• Energies

Account Types

With the Hive Markets platform, investors can open five trading accounts, Mini, Var, Pro, ECN, and Islamic. Each trading accounts provides different offerings, with the minimum deposit required not disclosed.

Demo accounts

With the Hive Markets, a demo account can be opened with an unlimited amount of virtual funds and can choose the leverage up to 1:500.

How to open an account with Hive Markets？

Opening an account with Hive Markets is an easy and simple process:

1. Click the “Sign Up” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Choose your preferable payment methods, fund you trading accounts, and start to trade with this broker.

Leverage

Hive Markets allows its clients to use the maximum trading leverage up to 1:500, which is significantly higher than the appropriate amount considered by most regulatory authorities.

Since leverage can magnify gains and it can also cause serious fund losses. Therefore, it is wise for beginners to choose a smaller size no more than 1:10 until they gain more trading experience.

Spreads & Commissions

Spreads and commissions are significantly affected by what trading accounts you are holding. With the Mini account, spreads are from 1.0 pips, with a commission from $1 per lot. The Islamic account and the ECN account charges the same commission from $7.5 per lot, with spreads starting at 0.8 pips. Spreads are offered from 0.4 pips, with a commission from $8.5 per lot. Lastly, the Var account offers a commission-free trading environment, with typical spreads from 1.2 pips.

Real-time spreads on particular instruments are also displayed on its website, with the minimum spreads on the EUR/USD pair from 0.7 pips.

Trading Platform

In terms of trading platforms available, Hive Markets provides its clients access the industry-leading MT4 trading platform, which can be accessed on any device, Windows, Mac, Android, Desktop versions.

Through the MT4 trading platform, traders can trade with customizable charts and custom indicators, 3 execution modes, 9 different time frames, various limits/stop orders, and historic data.

Payment Methods

The minimum deposit is $10. Hive Markets allows its clients to make a deposit and withdrawal through the following payment methods:

• VISA

• MasterCard

• Wire Transfer

• Bitcoin

Customer Support

Hive Markets relies on its Help Center section to provide customer support for clients with answers to some basic problems.

While for traders who need help during their trading process, they can only get in touch with this brokerage house through filling up a communication ticket, and then wait to be connected.

Or you can follow this broker on some social media platforms, such as Facebook, Twitter, Instagram and Youtube.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.