General Information
Registered in the Saint Vincent and the Grenadines, BlueHawk is a forex broker providing access to a massive financial market, such as currency pairs, stocks, and cryptos. With the BlueHawk platform, the minimum deposit is $10, and the maximum leverage that can be used is 1:500.
BlueHawk does not hold any regulatory license to show it operates legally. Please be aware of the risk.
Market Instruments
With the BlueHawk platform, three classes of trading instruments can be traded, including 55 currency pairs, 64 stocks, and 33 cryptos.
Minimum Deposit
The minimum deposit to investment with BlueHawk is $10, not that much. If you can take the risk of trading with an unregulated forex broker, $10 is a relatively low amount.
Demo Accounts Available
Demo accounts are also available on this platform for beginners to gain a feel of this platform and practice their trading skills. Here are some steps for you to open a MT4 demo account:
1. Download and install the MT4 trading platform;
2. Open the trading platform on your PC;
3. Select “file” in the menu item then “open an account”;
4. Complete the registration form and select “Next”;
5. Select the “Finish” Button.
How to open an account with BlueHawk？
Opening an account with BlueHawk is an easy and simple process:
1. Click the “Open Live Account” link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.
Leverage
When it comes to leverage, BlueHawk allows its clients to use leverage of up to 1:500, higher than the levels regarded appropriate by many regulators, which is the typical tactic employed by many offshore forex brokers.
Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Trading Platform
BlueHawk provides access to the industry-leading MT4 trading platform, which features the robust charting package, the ability to use automated trading bots (Expert Advisors) and the flexibility of the interface.
Customer Support
BlueHawk does not provide its clients the dedicated customer support. Traders with any inquiries can visit this brokers FAQ section to find some basic answers.
Or fill up your basic details on the contact form displayed on the homepage of this broker, then wait to be connected.
Additional contact channels, like telephone, email, online chat, etc, are not available.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
