Established in 2020 in Saint Vincent and the Grenadines, HWG Securities is an online forex and CFDs broker that provides traders with a competitive trading environment and suitable resources to enable them to trade in the global financial markets without stress. The broker offers the sophisticated MT4 trading platform that is available in desktop, web, and mobile versions. Clients get to trade over 80 financial instruments, including forex, precious metals, cryptocurrencies, bonds, and more. There are different trading account options with a required minimum deposit of $15, and no commission is charged on trades.
HWG Securities Review Introduction
In this HWG Securities review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including HWG Securities.
HWG Securities Platforms & Tools
The broker provides traders with the MetaTrader 4 trading platform, an advanced trading platform that was launched in 2005 by MetaQuotes. It offers a convenient method of trading multiple assets, and it offers the ability to automate your trading strategies using expert advisors. The MT4 platform also has several useful features, such as one-click executions, stop and limit orders, technical indicators, live analytics, charts, and many more. The broker makes the MT4 available as a desktop application for Windows and Mac computers, WebTrader, and a mobile trading app that is designed for Android and iOS devices.
Traders also benefit from some standalone trading tools, including the copy trading tool that allows clients to copy the trades of other traders. Please note that in copy trading, the historical results of the traders you intend to copy do not guarantee future performance.
HWG Securities Research & Education
There is a limited selection of educational materials on the broker’s website. However, an FAQ section is in place to answer some of the most common questions that traders may have.
HWG Securities Trading Accounts
Traders can either open the Standard account with a minimum deposit of $15 or the ECN account with $2,000. The accounts are denominated in USD and offer low spreads from 0.0 pips, while the maximum leverage is capped at 1:1,000. There is also the demo account that is available solely for practice purposes before trading with the live accounts.
HWG Securities Account Funding
HWG Securities accepts only credit/debit cards — Visa, MasterCard, and more — for both account deposits and withdrawals.
HWG Securities Customer Service
Clients can send their general, technical, or account-related inquiries to the broker’s knowledgeable customer team. They are available 24/7 and can be reached via telephone, email, Live Chat, online form, and social media.
HWG Securities Regulation
There is no regulatory information on the broker’s website at the moment. Some traders would not want to trade with an unregulated broker because the safety of their invested funds is not guaranteed.
HWG Securities Review Summary
HWG Securities is an online Forex & CFD broker that allows traders to trade numerous financial assets via the MetaTrader 4 trading platform. Traders benefit from various favourable trading conditions, including a minimum deposit requirement of just $15, and there is a professional customer support team that is available 24/7 to aid the trading process. However, the broker is not regulated by any known financial authority at the moment, which is often a turn-off to potential traders and investors.
It is worth mentioning that some of the trading products and services in this HWG Securities review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the HWG Securities broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.