Hedgestone Group Review
Just starting operations in July of 2016, Hedgestone Group is poised to grab a large piece of pie in brokering binary options.
This broker started out being licensed and regulated by the IFSC (International Financial Services Commission) in Belize where their headquarters are located.
The owner of Hedgestone Group is Icon Markets Limited, and they also have offices in the United Kingdom, South Africa and New Zealand.
Hedgestone Group utilizes the newest Spot Option trading platform. Investors can trade short term (60 second up to 5 minute), long term, pairs, ladder, one touch and more.
Hedgestone Group Deposit Terms & Conditions
The minimum deposit at Hedgestone Group is $250.
Hedgestone has many deposit methods including bank wire, credit and debit cards and several ewallet methods.
Hedgestone Group takes anti-money laundering regulations quite serious, so they require that depositors submit certain documents upon depositing in their system. These documents include:
- A copy of your passport
- A copy of the credit card used to deposit
- A copy of a recent utility bill showing your name and address
- And a signed purchase history of your online transactions
While this may seem like a lot, keep in mind that it is or your protection.
Hedgestone Group Bonus Terms & Conditions
Like many binary options brokers, Hedgestone Group does offer some bonus plans for depositors.
Do keep in mind that there are stipulations that must be met before you can withdraw after receiving a bonus.
With Hedgestone Group, you must trade a volume of 20 times the bonus plus the deposit amount before you can withdraw bonus monies.
So, if you deposit $500 and receive a $100 bonus, you will have to trade a volume of $12,000 before you can withdraw the bonus monies.
Many traders do not accept bonuses because of these stipulations.
Hedgestone Group Withdrawal Terms & Conditions
Hedgestone Group processes all withdrawals back to the same method used to deposit.
The minimum withdrawal if using a credit card is $10, and if bank wire…$30.
Hedgestone Group may take up to 5 business days to process a withdrawal request. Ater that, it could take up to 7 days or unds to reach your account.
I have found no negative reviews on Hedgestone Group’s withdrawal structure.