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HMS Markets review

HMS Markets


On-line since: 2001
Country of origin: Luxembourg
Regulation: Registered in Luxembourg (registration number: B-10.559)
Payment options: Wire transfer
Minimum account size: €10,000
Minimum lot size: 0.1 lot
Leverage: 1:50
Spreads: Variable; 3 pips on average on EUR/USD

About the company:

HMS Markets Company was found in 1972. HMS LUX S.A. is one of the leading inter-dealer brokerage companies in Luxembourg, which service banks, hedge funds, traders and investors around the world.

HMS LUX S.A. is an independent firm licensed as Commissionaire et Courtier en Instruments Financiers. HMS LUX S.A. is a member of the Deposit Guarantee and Investor Compensation Scheme in Luxembourg.

HMS Markets 8/10 (votes 4258)
Author of HMS Markets: Gormizo | Date 2021-04-09
HMS Markets was able to live by their claims. I started trading with this broker a couple of years ago and I am still trading with them because they have proven that they provide quality services. I was able to withdraw a total of $700 and the transaction is completed in less than 48 hours.
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Author of HMS Markets: FxCandy | Date 2021-01-14
I'm so lucky trading with HMS Markets broker. I have tried the demo on their MT4 platform. Everything was smooth and working perfectly. After four months, I'm in the demo account, I made a deposit and started trading in live account. I like to trade with them, their execution is the same as in the demo account, and the spread is fixed, especially when dealing with EUR/USD. Trading with them is profitable, also they have a deposit and withdrawal process that charges a low commission only. HMS Markets is the one and only broker that I can trust. I feel so safe and comfortable to trade with them. I would like to recommend HMS Markets to all traders.
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Author of HMS Markets: Torry | Date 2020-06-04
I facing many issues with this broker, and I sent some requests to their Customer Support but I got nothing. They did ignored my requests of withdrawal and about their delayed server. Therefore, I left them and find another better to invest. many problems that occur after joining HMS Markets. Although I've tried to call for help customer support, but they could not help me.
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Author of HMS Markets: Rezky | Date 2020-02-28
I never for once enjoy the platform at all, I was attracted to the platform due to the beautiful advanced platform, not knowing they they are just a market maker. Experience on their platform has been so horrible they have always traded against me, it happened to me last week when I traded GBP/USD, EUR/JPY, USD/JPY as I was monitoring my trades the USD for GBP/USD spiked up and eat my stop and I was left with only $1000 out of $15000.
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Author of HMS Markets: Lewi | Date 2019-11-26
This is the fourth time I have traded with this broker. but never produced anything during my trading. they have no problem solving at all. First I already have a $600 deposit, I face a loss of $300, or 50% of my total deposit. Until the fourth trading, I had no profit at all. really disappointing. None of them gave me any direction. Not responsive at all.
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Author of HMS Markets: JaymesPayten | Date 2019-07-18
I've traded on HMS Trader platform, mostly the platform executed my orders 10 to 30-sec delay. Which affect my trading strategy, As I can not close or open a position at that time, Also I have seen that the price chart differs from the live market chart too. So I think HMS Markets broker isn't professional, also their payment system didn't support Skrill. That's why now I am boarding with their unprofessional service.
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Author of HMS Markets: Tamliv | Date 2018-12-02
HMS is terrible broker. The EA I use chases 15 to 25 pips, and if it makes 30 pips, one third of the profits are taken as their commissions, if it makes only 15 pips, then nothing is left. Second thing they widened spreads 20 pips in 30 seconds. Yesterday I had a limit order on USD/CHF and they executed my order 60 pips away from my entry price, stealing me $120! The most terrible they not replied my email. Choose wisely and avoid HMS.
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Author of HMS Markets: Audrei | Date 2018-09-20
I regret opening an account with HMS Markets. When I used their demo account, everything was fine. The spread is always 3pips regardless of the currency pair and the execution is really fast. But when I opened a real account, only the EURUSD pair is at 3 pips. And it still goes beyond that. Their spread varies and can reach up to 7 pips on normal market condition. And the execution is now slow. Sometimes I can't open a position because the price has already changed. And that's because the platform takes long before it executes.
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Author of HMS Markets: Kenneth | Date 2018-07-20
This broker is the worse when you need any level of support. They are just after one's money. An absolute train wreck in customer service and integrity. Any problem you have will require lots of phone calls and many days before you are lucky enough to get a solution.
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Author of HMS Markets: Edmondfx | Date 2018-03-19
HMS Markets is one of the worst brokers I traded on the market. They use such a big deposit to start to trade, have all this information on their website and also the support team is very well trained to convince you to deposit. Well, the platform has delays, not because market conditions but because the broker is manipulating the prices. I traded mainly shares with them, and sometimes exotic pairs EUR/DKK and EUR/NOK. I had negative slippage due to delays and lost around 300$ in two months only because o slippage. I called their support team which is very well trained to make you believe that is your problem not theirs.
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