Hanju Market

Hanju Market is a forex brokerage registered in Canada and launched on July 27, 2021. The firm operates through its website hanjumarket.com and presents itself as a provider of online trading services. As of this review, the broker is not regulated by any recognized financial authority, a factor that traders should carefully consider before engaging.

Our review found that Hanju Market caters to a broad range of traders by offering three distinct account types: ECN, Standard, and Micro. The broker promotes high leverage options, with maximum ratios reaching up to 1:1000 on standard and micro accounts. This combination of low regulatory oversight and aggressive leverage underscores the importance of due diligence for prospective clients.

Hanju Market currently holds no active licence from any major regulatory body. The absence of oversight from authorities such as the FCA, CySEC, or ASIC means that traders do not benefit from investor compensation schemes or dispute resolution mechanisms.

While registration in Canada is noted, it does not equate to regulatory approval from the Canadian Investment Industry Regulatory Organization (IIROC) or any provincial securities commission. Unregulated brokers carry inherent risks, including potential issues with fund segregation and transparency.

Hanju Market provides three account tiers designed to accommodate different trading styles and capital levels. The ECN Account requires a minimum deposit of $1,000 and offers a maximum leverage of 1:500, aimed at experienced traders seeking direct market access. The Standard Account has a $100 minimum deposit with leverage up to 1:1000, suitable for retail traders with moderate capital. The Micro Account requires only a $5 minimum deposit and also offers 1:1000 leverage, making it accessible for beginners or those testing the platform.

All account types support high leverage, which can amplify both gains and losses. The specific trading instruments, spreads, and commissions are not detailed in the available records, so traders are advised to consult the broker directly for complete terms.

Leverage offered by Hanju Market reaches up to 1:1000 on the Standard and Micro accounts, significantly exceeding the limits typically imposed by regulated brokers. Such high leverage increases the potential for rapid account growth but also elevates the risk of substantial losses. The minimum deposit structure allows entry with as little as $5, lowering the barrier to entry for retail participants.

Further details regarding trading platforms, supported instruments (such as forex pairs, commodities, or indices), and execution policies are not publicly disclosed in the records we examined. Traders should verify these conditions directly with the broker before committing funds.

Hanju Market's elevated Scam Risk Score of 51/100 reflects the combination of its unregulated status and high-leverage offerings. Without regulatory oversight, clients have limited recourse in the event of disputes or broker misconduct. The lack of independent user reviews further complicates the ability to assess the broker's reliability and service quality.

Prospective traders should approach Hanju Market with caution, particularly when using the maximum leverage available. It is essential to conduct thorough research and consider only risk capital that one can afford to lose. The absence of a regulated framework means that the broker's operational practices are not subject to external audits or compliance checks.