Hit Capital Markets Review (hitglobalmarket.com)

Hit Capital Markets Review: A Comprehensive Analysis of the Online Trading Platform

In the world of online trading, it is crucial to find a reliable and efficient platform that caters to your investment needs. With numerous options available, it can be daunting to select the right one. One such platform that has gained significant attention is Hit Capital Markets, a digital trading platform offering a wide range of financial instruments to its clients. In this review, we will delve into the features, benefits, and potential limitations of Hit Capital Markets to help traders make an informed decision.

Overview of Hit Capital Markets

Hit Capital Markets is a relatively new player in the online trading industry, having launched in 2018. Despite the late entry, the platform has managed to create a significant presence in the market by offering a user-friendly interface, competitive fees, and a wide range of asset classes. With a focus on majority of their clients being beginner traders, the platform provides an extensive educational resource section, complete with webinars, tutorials, and market analysis to ensure new traders are well-equipped to navigate the platform.

Trading Accounts and Requirements

Hit Capital Markets offers a variety of account options, catering to both beginner and experienced traders. The accounts can be classified into three categories, namely Micro, Standard, and VIP. The minimum deposit requirement varies between $100 and $10,000, depending on the chosen account type. The platform also provides a demo account, allowing traders to test their skills and strategies before opening a live trading account.

Markets and Instruments

Hit Capital Markets offers a wide range of financial instruments, including FX, indices, commodities, and cryptocurrencies. The platform provides access to over 200 assets, including major and minor currency pairs, precious metals, and individual stocks. The platform also features a range of indices, including popular indices like the S&P 500 and the FTSE 100.

Technical Analysis and Charting

Hit Capital Markets offers a comprehensive technical analysis package, including a range of charting tools and indicators. The platform provides advanced charting software, enabling traders to analyze market trends and identify potential trading opportunities. The platform also offers technical indicators, such as moving averages, Bollinger bands, and RSI, helping traders make informed trading decisions.

Fees and Spreads

Hit Capital Markets operates on a commission-free model, charging a spread for each trade. The spread ranges from 0.5-2.5 pips, depending on the market conditions and the chosen account type. The platform also