General Information & Regulation
HSB is a company specializing in commodity futures trading, forex, energy, and stock indices. HSB has obtained a retail forex license (license number: 001/BAPPEBTI/SI/5/2018) from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) and is a member of the Indonesian Commodity and Derivatives Exchange (ICDX) and the Indonesian Clearing House (ICH).
Market Instruments
HSB offers investors a small range of tradable assets, mainly popular currency pairs in the forex market, gold, silver, and 5 popular indices.
Minimum Deposit
Three live accounts types are listed on HSB platform: Bronze, Silver and Gold. The minimum deposit requirements for three accounts are $100, $300 and $1,000, respectively.
Leverage
In terms of leverage level, the maximum trading leverage available on HSB platform is up to1:200. High trading leverage can bring heavy risks sometimes.
Spreads
The minimum spread is 1.4 pips for EURUSD, 2.5 pips for EURGBP, and 2.1 pips for AUDUSD, with commissions starting at $30 per lot. The spreads on HSB platform are wide, plus commissions, making overall trading costs relatively high.
Trading Platforms
HSB offers traders a non-MT4/MT5 trading platform but an easy-to-use platform that allows traders to trade anywhere, anytime. The platform is available for download in the App Store and Google Play.
Deposit & Withdrawal
HSB supports traders to make payments via Indonesian debit card payments, mobile & internet banking with a minimum withdrawal amount of $1.