www.hispamarkets.com has been flagged by AMF (France) for "Unauthorised". Category: Forex 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.hispamarkets.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. www.hispamarkets.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Transparent fees|Good analytical tools|Risk management tools|Quick verification
Cons: Could offer more webinars
Do not use www.hispamarkets.com for anything serious. I used them for about ten months 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: Two-factor authentication|Fast execution|Intuitive for beginners|Reliable uptime
Cons: Limited social trading features
www.hispamarkets.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Reliable uptime|Smooth onboarding|Stable platform
Cons: Account statements could be more detailed
I had a dispute with www.hispamarkets.com and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Market news feed|Multi-currency support
Cons: Cannot customize dashboard fully
I had high hopes for www.hispamarkets.com through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Dedicated account manager|Real-time alerts|Stable platform|Clean UI
Cons: Could offer more webinars
Do not believe the bonus offer from www.hispamarkets.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a review site like this one and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Demo account available|Dividend tracking|Market news feed
Cons: None so far
My withdrawal from www.hispamarkets.com was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about ten months of being strung along.
Pros: Instant funding|Quick verification|Automated trading options
Cons: Slow to add new assets|No crypto staking
www.hispamarkets.com had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Intuitive for beginners|API access|Fast execution|Comprehensive tools
Cons: Onboarding videos are outdated
The reporting at www.hispamarkets.com is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Wide product range|Transparent fees
Cons: Cannot customize dashboard fully
www.hispamarkets.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Dedicated account manager|Social trading features|Multi-device support
Cons: Could offer more webinars|Wait times can be long during peak hours