About HIJA MARKETS
Overview
Hija Markets is a retail forex and CFD broker that was established in February 2025. The broker is registered in Saint Lucia, with its physical operations headquartered in Dubai, United Arab Emirates. According to its website, it was founded by a team of seasoned professionals with decades of collective experience in the financial industry. Hija Markets presents itself as a meticulously structured brokerage firm offering transparent and efficient trade execution.
Regulation and Licensing
A critical aspect for any broker is regulatory oversight. Hija Markets currently does not hold any known regulatory licence from a major financial authority. The broker is registered in Saint Lucia, a jurisdiction known for its light regulatory framework, and it does not claim regulation from bodies such as the FCA, CySEC, or ASIC. This lack of oversight is a significant factor for traders to consider, as it means investor protection mechanisms like compensation schemes or mandatory negative balance protection may not apply. The broker does mention negative balance protection on its account types, but this is a self-declared feature not enforced by a regulator.
Account Types and Trading Conditions
Hija Markets offers four account types: Standard, Prime, Raw Spread, and LeveragePlus. The Standard account has a $50 minimum deposit and spreads from 1.5 pips with no commission. The Prime account requires $1,000 and offers spreads from 0.6 pips.
The Raw Spread account has a $500 minimum deposit, and the LeveragePlus account requires only $10 but offers extremely high leverage up to 1:2000. All accounts support MetaTrader 5 and allow hedging, Islamic accounts, and negative balance protection. Maximum leverage is 1:500 for Standard, Prime, and Raw Spread accounts, while LeveragePlus offers 1:2000.
Trading Instruments and Platforms
The broker provides access to multiple asset classes including forex, stock indices, gold, commodities, and cryptocurrencies. Trading is executed via MetaTrader 5, a widely used platform known for its advanced charting, algorithmic trading capabilities, and custom indicators. Hija Markets claims to offer optimal price quotes from liquidity providers, ensuring improved pricing and liquidity. The website mentions that leverage for indices is fixed at 1:100 for all account types, which is more conservative than the forex leverage options.
Deposits and Withdrawals
Funding and withdrawal options at Hija Markets include bank wire transfers, credit cards (Visa/Mastercard), and local bank transfers. The minimum transaction amount is $10 USD. Credit card deposits are processed instantly, while withdrawals are processed within 48 hours.
Bank wire deposits and withdrawals take up to 3 business days. The broker does not charge any fees for deposits or withdrawals. These details are as per the information provided on its official website.
Promotions and Bonuses
Hija Markets runs promotional offers including a 20% deposit bonus (up to $500) and a loyalty cashback program. The deposit bonus is available to new and existing clients during promotional periods, with a minimum deposit of $50. The cashback program rewards traders $1 per lot for trading up to 50 lots and $2 per lot for trading more than 50 lots. Such promotions are common among brokers looking to attract clients, but they often come with terms and conditions that traders should review carefully.
Overview compiled by FXCanary from regulatory records and public data. full HIJA MARKETS review