HXCM
HXCM Review 2025 – Is It a Safe Forex Broker?
Thinking of trading with HXCM? In this detailed review, we examine HXCM’s regulations, account types, spreads, fees, platforms, and more. By the end, you’ll know whether HXCM is a suitable broker for your trading needs in 2025.
| Feature | Details |
|---|---|
| Broker Name | HXCM |
| Founded | 2018 |
| Headquarters | Hong Kong (Global Operations) |
| Regulations | FSA (Seychelles), SVGFSA (St. Vincent & The Grenadines) |
| Minimum Deposit | $10 |
| Account Types | Standard, Raw ECN, Pro, Islamic (Swap-Free) |
| Trading Platforms | MetaTrader 4, MetaTrader 5, WebTrader, Mobile App |
| Instruments Offered | Forex, Indices, Commodities, Metals, Crypto CFDs, Shares CFDs |
| Leverage | Up to 1:1000 (depending on region) |
Regulation & Safety
HXCM is regulated offshore and provides basic fund protection measures:
- FSA Seychelles – Securities Dealer License
- SVGFSA – Global brokerage operations
- Segregated client funds
- KYC identity verification
- Negative balance protection (for retail clients)
Account Types Offered
| Account Type | Platform(s) | Spreads From | Commission | Minimum Deposit |
|---|---|---|---|---|
| Standard | MT4 / MT5 | ≈ 1.2 – 1.8 pips | No commission | $10 |
| Raw ECN | MT4 / MT5 | 0.0 pips | ≈ US$3.0 per lot per side (≈ US$6 round-turn) | $50 |
| Pro | MT4 / MT5 | ≈ 0.5 – 0.8 pips | Lower commission (≈ US$4 round-turn) | $200 |
| Islamic (Swap-Free) | MT4 / MT5, Mobile | Same as Standard or Raw spreads | Admin fees on certain pairs | $10 |
Trading Platforms
- MetaTrader 4 – ideal for EAs, indicators, fast order execution
- MetaTrader 5 – advanced tools, more assets
- WebTrader – trade from any browser
- Mobile App – Android & iOS trading on the go
- VPS available for algorithmic traders
Instruments You Can Trade
- 50+ Forex pairs
- Indices (US30, NAS100, GER40, etc.)
- Gold, Silver & Oil
- Crypto CFDs (BTC, ETH, LTC, etc.)
- Shares CFDs (global markets)
Spreads, Fees & Commission
- Spreads: Raw spreads from 0.0 pips; Standard accounts 1.2–1.8 pips
- Commissions: Raw ECN ≈ US$6 per lot round-turn
- Swap Fees: Charged on overnight trades unless using Islamic account
- Deposit/Withdrawal Fees: Low or none for most methods; crypto network fees apply
- Inactivity Fee: No inactivity fee
Security & Measures
- Segregated client accounts
- Encrypted web and platform security
- Two-factor authentication (2FA) available
- Basic negative balance protection
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Credit / Debit Card | Instant | No fees |
| Bank Transfer | 1–3 business days | Bank charges may apply |
| E-wallets (Skrill, Neteller, etc.) | Instant to same day | Low fees |
| Cryptocurrencies | Minutes to hours | Network fees apply |
Customer Support
- 24/5 Live Chat
- Email helpdesk
- Phone support in selected regions
- Knowledge base for beginners
Pros & Cons
Pros
- Very low spreads on Raw ECN account
- Leverage up to 1:1000
- Fast MT4/MT5 execution
- Low minimum deposit ($10)
- Wide range of crypto & forex pairs
Cons
- Not regulated by top-tier regulators (ASIC, FCA, etc.)
- Crypto CFDs restricted in some countries
- Offshore regulation may concern risk-averse traders
Is HXCM Right for You?
HXCM is suitable for traders seeking high leverage, low spreads, and fast execution on MT4/MT5 with minimal deposit requirements. Scalpers and experienced traders benefit from the Raw ECN account, while beginners may prefer the low-cost Standard account.
If you decide to choose HXCM:
FAQs About HXCM
Is HXCM regulated?
Yes — HXCM is regulated by FSA Seychelles and registered under SVGFSA. However, it is not licensed by top-tier regulators.
What is the minimum deposit?
The minimum deposit starts at only $10.
Does HXCM offer Islamic accounts?
Yes — swap-free Islamic options are available.
How tight are the spreads?
Raw accounts offer spreads from 0.0 pips; Standard spreads start around 1.2 pips.
How long do deposits/withdrawals take?
Cards and e-wallets are instant; bank transfers take 1–3 business days.
Disclaimers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Make sure you fully understand the risks involved before trading.
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