The Broker's Website - Https://hedgecent.com/, Which Cannot Be Opened Normally At The Moment.
General Information
HEDGECENT, Founded In 2021 And Headquartered In Bulgaria, Is An Unregulated Trading Exchange Offering A Wide Range Of Financial Instruments Including Forex, Commodities, Metals, Stocks, Indices And Cryptocurrencies.
HEDGECENT Offers Four Different Account Types: Sub Account, ECN Account, Elite Account And Standard Account With Leverage Up To An Impressive 1:2000. The Platform Stands Out For Its Competitive Trading Conditions, With Spreads Ranging From 0 To 0.8 Pips For All Types Of Accounts And A Zero Commission Structure For All Account Types.
HEDGECENT Employs Advanced Trading Platforms Such As MetaTrader 5 And CTrader, Ensuring A Robust Trading Experience. Traders Can Start With A Minimum Deposit Of Only $10 And Can Practice Using A Demo Account.
HEDGECENT Is Currently Unregulated, Which Means It Is Not Overseen By Any Particular Financial Regulator.
Pros And Cons
Pros:
Low Threshold: HEDGECENT's Minimum Deposit Requirement Is Only $10, Making Trading Accessible To A Wide Range Of Traders, Including Beginners With Limited Funds.
High Leverage Option: HEDGECENT Offers Leverage Of Up To 1:2000, Providing Traders With The Opportunity To Maximize Their Trading Potential, Attracting Those Who Wish To Expand Their Positions.
Competitive Trading Conditions: Attractive Spreads From 0 To 0.8 Pips, Coupled With A Zero Commission Policy, Make HEDGECENT Ideal For Cost-efficient Trading.
Advanced Trading Platform: MetaTrader 5 And CTrader Platforms Are Available, Ensuring That Traders Have Access To Top-of-the-line Trading Tools, Charts, And Automated Trading Features.
Rich Educational And Analytical Resources: Rich Educational Materials And Trading Tools, Including Market News And Economic Calendars, Support Traders In Making Informed Decisions.
Disadvantages:
Regulatory Status Unknown: Lack Of Regulatory Oversight May Raise Concerns About The Safety Of Funds And The Overall Reliability Of The Trading Environment.
Limited Customer Support Options: While Support Is Available Via Phone And Email, The Lack Of Live Chat Support May Not Meet The Needs Of Traders Seeking Immediate Assistance.
High Leverage Risk: Leverage Ratios Of Up To 1:2000 May Significantly Increase The Risk Of Large Losses, Especially For Less Experienced Traders.
Geographic Restrictions: HEDGECENT Is Based In Bulgaria And Is Unregulated, And May Not Be Suitable For Traders In Jurisdictions With Strict Regulatory Requirements.
Platform Use May Be Overly Complicated: The Advanced Nature Of MetaTrader 5 And CTrader, While Beneficial, Can Present A Steep Learning Curve For Novice Traders Who Are Not Familiar With Such Integrated Trading Platforms.
Market Tools
HEDGECENT Offers A Wide Range Of Trading Products To Meet The Diverse Needs Of Its Clients:
Forex: HEDGECENT Provides Traders With Access To The Global Forex Market, Offering A Wide Selection From Major Currency Pairs, Minor Currency Pairs To Exotic Currency Pairs. This Allows Traders To Take Advantage Of The Liquidity And 24/5 Nature Of The Forex Market To Speculate On Price Fluctuations Between Different Currencies.
Commodities: The Platform's Commodity Trading Services Include Oil, Gas, Gold, Silver, And Various Hard And Soft Currencies Such As Wheat And Corn.
Metals: HEDGECENT Offers Trading In Precious And Industrial Metals, Including Gold, Silver, Platinum And Copper. Metals Trading Is Often Used As A Hedge Against Inflation And Currency Depreciation, Making It An Attractive Option For Traders Seeking To Protect Their Capital In A Volatile Market.
Stocks: HEDGECENT's Traders Have The Opportunity To Trade Stocks Of Leading Global Companies, Allowing Them To Speculate On The Performance Of Individual Businesses Without Having To Own Actual Stocks.
Indices: HEDGECENT Offers Access To Some Of The World's Major Stock Indices, Such As The S & P 500, FTSE 100 And Nikkei 225. Index Trading Allows Clients To Speculate On The Overall Movement Of The Stock Markets They Represent.
Cryptocurrency: HEDGECENT Actively Embraces The Digital Asset Revolution And Offers Trading In Popular Cryptocurrencies Such As Bitcoin And Ethereum. Cryptocurrency Trading Is Known For Its High Volatility And Offers Great Profit Potential, But Also Comes With Higher Risks.
Account Types
HEDGECENT Offers Its Users 4 Types Of Accounts. ECN Accounts Charge A Commission Of $10 Per Lot, While Other Accounts Do Not Have Any Commission Handling Fees. Elite Accounts Have The Highest Minimum Deposit Requirement At $10,000, While Cent Accounts Have The Lowest Minimum Deposit Requirement At Just $10.
Leverage
HEDGECENT Offers Very High Leverage Options Across All Its Account Types, Up To 1:2000. This Level Of Leverage Allows Traders To Significantly Amplify Their Trading Positions, Potentially Increasing Profits From Small Price Swings In The Market.
Traders Who Choose A Cent, Standard, ECN Or Elite Account Have The Flexibility To Take Advantage Of This Wide Range Of Leverage To Suit A Variety Of Trading Strategies And Risk Appetite.
Spreads
HEDGECENT Offers Competitive Spreads In Its Account Types, With A Minimum Of 0.0 Pips, Suitable For High Volume Traders Looking For Minimal Trading Costs. The Spread For ECN Accounts Is 0.4 Pips.
Spreads For Standard And Sub Accounts Start From 0.8 Pips.
COMMITTEE
HEDGECENT'S ACCOUNTS ARE ACCOUNT-SPECIFIC; ECN ACCOUNTS Charge A Flat Commission Of $10 Per Lot. This Structure Complements Its Offer Of Low Spreads And Is Ideal For Traders Who Prioritize Direct Market Access And Cost-effectiveness.
On The Other Hand, Elite Accounts, Standard Accounts And Sub Accounts Have A Zero Commission Policy, In Line With Traders' Preference For A Straightforward Cost Structure And No Additional Trading Fees.
Deposits And Withdrawals
HEDGECENT Provides A User-friendly Deposit And Withdrawal System Designed To Meet A Variety Of Customer Preferences. The Minimum Deposit Amount Required To Start Trading Is Only $10, Suitable For Both Novice And Experienced Traders.
For Deposits And Withdrawals, HEDGECENT Supports A Variety Of Payment Methods To Ensure Flexibility And Convenience. These Methods Include STICPAY, USDT (T Ether), PayPal, As Well As Major Credit Cards Such As MasterCard And Visa, And Popular E-wallets Such As Skrill And NETELLER.
Additionally, Online Banking Options Are Available To Meet The Needs Of Those Who Prefer Direct Banking Transactions.
Trading Platform
HEDGECENT Offers Its Traders Two Industry-leading Trading Platforms: MetaTrader 5 (MT5) And CTrader. These Platforms Are Known For Their Advanced Trading Features, User-friendly Interface, And Comprehensive Analytical Tools.
MetaTrader 5 (MT5): MT5 Is A Very Versatile Platform For Traders Of All Experience Levels, Offering Advanced Financial Trading Features As Well As Excellent Tools For Technical And Fundamental Analysis.
CTrader: CTrader Is Favored By ECN Traders For Its Intuitive Interface And Sophisticated Trading Features. It Offers Fast Entry And Execution, Secondary Pricing, And A Range Of Advanced Order Types.
Customer Support
Traders Can Contact HEDGECENT's Support Team Directly Via Phone + 359 (2) 4928450 For Direct And Immediate Assistance Related To Any Query Or Issue.
Additionally, The Platform Offers Email Support Via [email protected].