Hummingbird Trading is an online trading broker that that operates from Saint Vincent and the Grenadines whilst having offices across London, New York, and Berlin. The broker provides traders with a trading platform that is available as a mobile app, which they use to trade multiple financial instruments, including forex and cryptocurrencies, and with their mobile devices, they can trade from anywhere. Traders benefit from fast trade execution and competitive pricing as their trades are passed directly to the broker’s liquidity providers. The minimum deposit required to operate an account is $25, while leverage of 1:500 is available.
Hummingbird Trading Review Introduction
In this Hummingbird Trading review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Hummingbird Trading.
Hummingbird Trading Platforms & Tools
Hummingbird Trading provides traders with a proprietary trading platform that is developed by a team of financial experts, designers, and engineers. It features cryptocurrency exchange, forex trading, open fx positions, and bank. The broker presents the Hummingbird Trading platform as a mobile app that is designed for Android and iOS devices.
The mobile app is available for download from the relevant app stores. Thus, with your mobile devices, you can trade bitcoins and forex pairs from anywhere, even on the train. Hummingbird Trading’s mobile platform has some built-in tools that ensure a smooth trading experience.
Hummingbird Trading Research & Education
Hummingbird Trading provides traders with a selection of educational materials to help them in making knowledgeable trading decisions. These resources include learning guides, articles, and an FAQ section that gives quick answers to the most common questions that traders may have.
Hummingbird Trading Trading Accounts
Traders are allowed to open a live trading account with a required minimum deposit of $25. There is also a demo account that beginner traders can use to test out the broker’s platforms and practice their trading strategies with virtual funds before opening a live trading account.
Hummingbird Trading Account Funding
The broker accepts the following payment methods for both account deposits and withdrawals: bank transfer, credit/debit cards, E-Wallets, and cryptocurrencies.
Some payment methods may not be available in specific countries, while the transaction processing time may vary depending on the payment method used.
Hummingbird Trading Customer Service
There is a dedicated customer support team to answer clients’ general, technical, and account-based questions, and they can be reached via telephone, email, social media, or by visiting the team’s office in Kingstown.
Hummingbird Trading Regulation
The broker’s website contains no regulatory information at the moment. Some experts and professionals would not trade with an unregulated broker as they cannot offer the same level of protection to investors that a regulated brokerage firm can.
Hummingbird Trading Review Summary
Founded in 2017, Hummingbird Trading is an online trading broker that offers access to trade forex and cryptocurrencies through an in-house-developed trading platform that is available as a mobile app. Traders are provided with educational resources, while a client support team is available to assist them. The least deposit required to operate the live trading account is $25, there is a leverage of up to 1:500. However, there is no regulatory information on the broker’s website at the moment, which could deter some potential traders from opening an account with them.
It is worth mentioning that some of the trading products and services in this Hummingbird Trading review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Hummingbird Trading broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.