HSB
Pros and Cons
Pros
- Diverse trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
- Robust trading platforms: MetaTrader 5, Web Trader, and Mobile App
- Flexible account types: Retail, Professional, Islamic, and Demo Accounts
- Accessible customer support via email, live chat, phone, and social media
- Minimum deposit requirement of 50 across all account types
Cons
- Not regulated by any recognized financial authority
- Limited trading instruments, especially in cryptocurrencies
- Poor customer support with long response times
- Potential withdrawal complications reported by users
- Limited educational resources for traders
Basic Information
User Reviews
HSB Overview
PT Handal Semesta Berjangka, also known as HSB, is a forex broker established in Indonesia with an operational history spanning 5 to 10 years. The broker is dedicated to providing trading services and is registered in the Indonesian region. For more information, you can visit their official page at [WikiFX](https://www.wikifx.com/en/dealer/7061721359.html).
HSB specializes in forex trading, offering a range of services designed to cater to both novice and experienced traders. The broker emphasizes the importance of a robust trading platform, which provides essential tools and functionalities for effective trading. Customer support is available to assist users with their inquiries, ensuring a responsive and helpful experience. With a focus on fostering a secure trading environment, HSB aims to differentiate itself through its commitment to customer satisfaction and efficient service delivery.
Is HSB Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| N/A | Indonesia | N/A |
Is HSB Regulated and How Are Client Funds Protected?
PT Handal Semesta Berjangka (HSB) is not regulated by any recognized financial authority. This lack of regulation means that trading with HSB involves inherent risks, including a lack of investor protection and a higher potential for fraud. Clients should be aware that unregulated brokers may not adhere to the same standards of operational transparency and financial security as their regulated counterparts.
Trading Products and Services
What trading instruments does HSB offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, USD/JPY | 17 |
| Commodities | Gold, Silver, Oil | 3 |
| Indices | S&P 500, DJ 30, HK 50 | 5 |
| Stocks | Global Stocks (e.g., AAPL, GOOG) | 20 |
| Cryptocurrencies | BTC, ETH | Multiple |
PT Handal Semesta Berjangka (HSB) offers a diverse range of trading instruments designed to meet the needs of various traders, from novices to seasoned professionals. With offerings in Forex, commodities, indices, stocks, and cryptocurrencies, HSB ensures that users have access to multiple markets, enhancing their trading strategies and opportunities for portfolio diversification. The variety of products available allows traders to adapt their approaches based on market conditions, thereby facilitating both short-term trades and long-term investments. This flexibility is crucial for traders looking to optimize their performance in the dynamic trading environment.
Account Types and Trading Conditions
What Account Types and Fees Does HSB Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and novice traders | Access to basic trading tools and education | Suitable for small-capital practice |
| Professional Account | Experienced traders | Higher leverage and advanced trading tools | Requires trading volume qualifications |
| Islamic Account | Traders seeking swap-free options | Compliance with Sharia law | Requires documentation for eligibility |
| Demo Account | All traders | Practice trading without financial risk | Available for all users |
Account Opening Process
To open an account with HSB, potential clients need to complete several steps. Initially, they must provide personal information such as their name, address, and contact details. Following this, employment and financial information will need to be submitted to assess the applicant’s trading experience and financial background. Additionally, identity verification is required, which includes submitting a valid ID and proof of address. HSB offers flexibility in account management, allowing clients to upgrade to a professional account at a later stage if they meet the necessary criteria.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| Forex (GBP/JPY) | 1.0 | $0 (ECN: $3.5/lot) | Competitive rates for minor pairs |
| CFDs (Stocks) | Variable | $0 (ECN: $3.5/lot) | Fees can vary based on stock |
| CFDs (Indices) | Variable | $0 (ECN: $3.5/lot) | Fees may vary based on the index |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other Fees
HSB may impose various fees in addition to trading costs. These could include deposit and withdrawal fees, which may vary based on the payment method used. There may also be inactivity fees applied to accounts that remain dormant for extended periods. Platform usage fees could apply, depending on the services utilized. Additionally, overnight interest or swap rates may be charged on positions held overnight, and currency conversion fees could be applicable when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does HSB Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 | Windows, macOS, iOS, Android | Secure login, multiple order types, technical indicators, market analysis tools | Demo accounts, educational resources |
| Web Trader | Any device with a web browser | Secure login, symbol lookup, transparent transactions, 6 pending order types | Real-time market data |
| Mobile App | iOS, Android | Secure login, price alerts, push notifications, one-click trading | Access to market insights and tools |
The platforms offered by HSB cater to a variety of trading needs. The MetaTrader 5 platform is ideal for advanced traders, providing a wide array of trading tools and features, while the Web Trader allows for seamless trading without the need for additional software installations. The Mobile App supports trading on the go, enabling users to manage their investments easily from their smartphones. All platforms prioritize secure logins and fast order execution, enhancing the overall trading experience for users.
HSB’s offerings ensure that traders have access to real-time alerts and effective search tools, enabling them to act quickly on market opportunities. This comprehensive support for mobile trading helps maintain engagement and responsiveness in a dynamic trading environment.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 50, Max 20k/day | IDR, USD |
| E-wallet (e.g., OVO) | Instant | 1.5% fee | Min 50, Max 10k/day | IDR |
| Credit/Debit Card | 1–3 days | No platform fee | Min 100, Max 15k/day | IDR, USD |
Minimum Deposit
HSB has a minimum deposit requirement of 50, which is applicable across all account types. This amount does not vary by payment method or region, providing a straightforward entry point for traders.
How to Withdraw
- Log in to your HSB account.
- Navigate to the ‘Withdrawal’ section.
- Select your preferred payment method.
- Enter the withdrawal amount, ensuring it meets the minimum and maximum limits.
- Confirm the transaction and submit your request.
- Monitor your account for confirmation of the withdrawal.
Customer Support
HSB Customer Support Overview
Support Channels
HSB provides multiple support channels to assist customers effectively. You can reach out via:
- Email: Customers can contact HSB through email for inquiries and support.
- Live Chat: HSB offers a live chat option on their website for immediate assistance.
- Telephone: Clients can call HSB’s customer service number for direct support.
- Social Media: HSB engages with customers through their social media platforms, providing another avenue for support.
Service Availability
HSB’s customer support service operates from 8:00 AM to 8:00 PM EST, Monday through Friday. Additionally, support may be available in multiple languages, enhancing communication for a diverse customer base.
Frequently Asked Questions
PT Handal Semesta Berjangka (HSB) is not regulated by any recognized financial authority. This lack of regulation means that trading with HSB involves inherent risks, including a lack of investor protection and a higher potential for fraud. Clients should be aware that unregulated brokers may not adhere to the same standards of operational transparency and financial security as their regulated counterparts.
HSB offers a diverse range of trading instruments, including Forex pairs such as EUR/USD and GBP/JPY, commodities like gold and oil, indices including S&P 500 and DJ 30, stocks from various global companies, and multiple cryptocurrencies such as Bitcoin and Ethereum. This variety allows traders to diversify their portfolios and adapt their strategies according to market conditions.
HSB offers several types of accounts including Retail Accounts for beginners, Professional Accounts for experienced traders, Islamic Accounts for those seeking swap-free options, and Demo Accounts for practice without financial risk. Trading fees vary by product, with spreads and commissions that differ across Forex, CFDs, and cryptocurrencies. There may also be additional fees for deposits, withdrawals, and inactive accounts.
HSB provides multiple support channels for customers, including email support for inquiries, a live chat option on their website for immediate assistance, a telephone service for direct support, and engagement through social media platforms. Their customer support operates from 8:00 AM to 8:00 PM EST, Monday through Friday.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.