Score
Azerbaijan
|
2-5 years
| https://highrise.market/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Azerbaijan
highrise.market
highrisemarketfx.comNote: High Rise Market LLC's official website - https://highrise.market/ is currently inaccessible normally.
| High Rise Market LLCReview Summary | |
| Founded | / |
| Registered Country/Region | Azerbaijan |
| Regulation | No regulation |
| Market Instruments | Forex, Indices, Commodities, Energy, Metals, Cryptocurrency CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.2 pips (Standard account) |
| Trading Platform | MT4, MT5 |
| Min Deposit | / |
| Customer Support | 24/7 support |
| Tel: +994 12 310 35 10 | |
| Email: info@highrisemarketfx.com | |
| Facebook: https://facebook.com/hrmfx1 | |
| Address: Jafar Jabbarli Street Caspian Plaza No 109 Baku, Azerbaijan | |
High Rise Market LLC was registered in Azerbaijan, and it is a broker which offers trading services related to forex, indices, commidities, energy, metals, and cryptocurrency. It offers 3 types of accounts, among which the spread is from 0.6 pips and the leverage can be up to 1:500. However, it should be noted that this company is not regulated, and the potential risks cannot be ignored.
| Pros | Cons |
| Wide selection of trading assets | Inaccessible website |
| Demo accounts | No regulation |
| Multiple account types | Unknown minimum deposit |
| MT4 and MT5 provided | Limited payment options |
| 24/7 customer support |
No, High Rise Market LLC is not regulated by the financial services regulatory authority in Azerbaijan, which means that the company lacks regulation from its registration site. Moreover, its domain cannot be found. Therefore, please note the potential risks.
High Rise Market LLC provides a variety of products, including forex, indices, commodities, energy, metals, and cryptocurrency CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Energy | ✔ |
| Metals | ✔ |
| Cryptocurrency CFDs | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
High Rise Market LLC provides 3 types of accounts, including Standard, Gold, and VIP. Besides, a demo account is also available.
| Account Type | Spread |
| Standard | From 1.2 pips |
| Gold | From 0.8 pips |
| VIP | From 0.6 pips |
The leverage can be up to 1:500, which is not low. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.
High Rise Market LLC uses MT4 and MT5 as its trading platforms, both of which are recommended trading platforms. Customers can trade on different types of devices, including web, PC, and mobile ones.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, PC, mobile | Beginners |
| MT5 | ✔ | Web, PC, mobile | Experienced traders |
High Rise Market LLC supports 2 types of payment options: bank transfer and credit cards. What's more, it charges a certain amount of fees.
| Deposit Options | Fees |
| Bank Transfer | ❌ |
| Credit Cards | EUR: ❌ |
| USD: 5% of deposited amount |
| Withdrawal Currency Types | Processing Time |
| USD | Before 1 PM GMT: same day |
| After 1 PM GMT: waiting until the next business day | |
| Others | Within 2 business days |
| Withdrawal Currency Types | Fees |
| USD | Threshold: $1,000 |
| Amounts smaller than threshold: $30 | |
| EUR | Threshold: €800 |
| Amounts smaller than threshold: €16 |
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Ovite
Mexico
High Rise Market LLC has a good selection of account types and their deposit and withdrawal process is straightforward. Plus, their customer support is responsive and helpful. Definitely worth considering!😀
Positive
Shalomi
United Kingdom
Trading with this broker has its ups and downs. Love the low spreads, but when you need help, support can drag their feet a bit
Neutral
Reginald Thaddeus O'Connell
Australia
I've been trading with High Rise Market for a while, and I appreciate the variety of trading products they offer, from stocks and forex to cryptocurrencies. The leverage of 1:500 provides flexibility for my trading strategies. The demo account is a great feature for practice, and the 24/7 customer support has been responsive to my inquiries. The MetaTrader4 platform is user-friendly, allowing me to execute trades with ease. Overall, a good choice for traders looking for a diverse range of assets and strong customer support.
Neutral
Felicity Lorelei St. James
South Africa
I joined High Rise Market hoping for a seamless trading experience, but the lack of regulatory authorization is a significant concern. The absence of clear information on minimum deposits and withdrawals adds uncertainty to the process. Educational resources are limited, leaving beginners like me feeling unsupported. While the platform offers a variety of assets, the risks associated with an unregulated broker make me uneasy. Considering these factors, I would advise caution and thorough research before engaging with High Rise Market.
Neutral