Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) has been flagged by ASIC (Australia) for "Imposter". Addresses: Rm 11 Unit B 27 F Billion Plaza 2 10 Cheung Yue Street Cheung Sha Wan Kowloon Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.hmtgroupfx.com.
I wanted to transfer my portfolio from another broker to Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Clean UI|Competitive fees
Cons: Search feature is basic|Website design could be more modern
My card was charged twice by Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) on the same day. I had to dispute it with my bank. Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Full transparency|Transparent fees|Great customer service
Cons: Some tools only available on higher tiers|Alert system is basic
After for close to eighteen months with Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Multi-device support|Instant funding
Cons: Help articles are sometimes vague
Where do I even begin with Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com)? for over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Competitive fees|Excellent charting|Helpful community forum|Easy withdrawals
Cons: Wait times can be long during peak hours|Live chat only during business hours
The only good thing about Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) is that they remind you why regulation matters. I found them from a review site like this one. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Educational resources|Fast support response|Detailed reporting|Low minimum deposit
Cons: Slow to add new assets|Currency conversion fee exists
I signed up with Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) after hearing about them at a conference and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Multi-device support|Portfolio tracking tools
Cons: Would like more payment methods|Nothing significant
I am in a dispute with Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Two-factor authentication|Social trading features|Market news feed|Tax reports included
Cons: None so far
Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Good analytical tools|Comprehensive tools
Cons: Could offer more webinars|Research section could be deeper
Do not use Impersonation of HMT Group Pty Ltd (www.hmtgroupfx.com) for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Easy withdrawals|Customizable dashboard|Multi-device support
Cons: Research section could be deeper|Onboarding videos are outdated