HSB

About HSB Broker

Overview

HSB is officially known as (PT Handal Semesta Berjangka), and is a licensed Indonesian forex broker that offers clients trading on a variety of different instruments and technology-driven trading solutions. HSB has created a platform where clients can trade with complete transparency, regulatory adherence and safety. HSB has built a reputation for being the preferred online trading platform for many Indonesian traders and offers support for the most popular trading products: Forex, commodities, Indices and shares; as well as offering traders advanced tools to help them operate and trade profitably.

About HSB

HSB Investasi is based in Indonesia and is an online broker based in Indonesia that specializes in Forex, Indices, Commodities and Shares trading. The company does not publicly disclose its founding date or the name(s) of its founders, however the company maintains adherence to the applicable regulations for Indonesia's financial services sector for a significant amount of time. All operations of HSB Investasi are licensed by the appropriate regulatory authority (The Financial Services Authority of Indonesia/ OJK), and therefore are authorized and approved as a legitimate player in Indonesia's financial services sector.

Trading Products

HSB offers clients access to approximately 45 Financial Products traded on its proprietary trading platform. These Products include:

17 currency pairs (EUR/USD, GBP/USD, USD/JPY, etc.)

Commodities

Indices

Shares

Precious Metals

With this diversity of products, HSB clients can build well-rounded portfolios without leaving the confines of HSB's proprietary trading platform.

Using Technology to Improve Trading

Technological advances have made HSB a leader in providing technology to help traders become better traders; the introduction of the world's first (AI) Interactive Personal Assistant is just one example of the important role that technology plays in HSB's success as a business. Traders will find this tool helpful for assisting them with portfolio analysis, understanding market changes and getting personalized trading signals.Extra features are:

More Indicators and Charting Tools

"Smart Trader Insight" Pattern Recognition

Integrated Trading Signals

Digital trading and account information on a proprietary app (Android & iOS).

As a general rule, HSB does not support the trading platforms of MetaTrader 4 and MetaTrader 5; rather the focus is to build an internal trading platform.

Client Support & Education:

Dedicated Relationships Managers (RM) provide client education and support.

Free demo accounts for all traders.

Educational resources are available for novices and experienced traders.

Promotion offers include a "deposit bonus" to new clients.

By providing the above resources to clients HSB aims to improve trader confidence, ultimately leading to long-term engagement.

Regulation/Licensing:

HSB operates within a fully regulated environment by Indonesian regulatory authorities and esteemed industry bodies, therefore all clients' funds are protected by law.

The following is HSB's licensed status with Indonesia's major regulators.

Regulatory Authority: Licence/Registration Number | Status

BAPPEBTI (Commodity Futures Trading Regulatory Body): 001/BAPPEBTI/SI/5/2018 | Active

OJK (Financial Services Authority): Licenced | Active

Bank Indonesia: Licenced | Active

ICDX (Indonesia Commodity Exchange): Permanent Membership | Active

ICH (Indonesia Clearing House): Membership | Active

By separating client funds from the company's funds, HSB is able to increase the level of protection for clients' investments.

Trading Conditions:

Table: Trading Conditions Overview

SPREADS: Starting at 0.01 pips (some traders report higher spreads than others).

LEVERAGE: 1:200

MINIMUM DEPOSIT: IDR 300,000

COMMISSIONS: Low (not disclosed).

LOT Size: .01 Lot.

PLATFORM TECHNOLOGIES:

HSB operates its proprietary app of HSB Investasi to provide the following services;

Real-time market quotes

Multiple accounts

Integrated AI tools for trading

Smooth and fast deposit and withdrawal

Easy-to-use mobile interface.

The overall platform has been designed with mobile traders in mind as well as being tailored to the needs of the local market.

Fees/Charges

Table: Fee Structure

DEPOSIT FEE: Local bank process is fast; HSB does not publish a specific fee.

WITHDRAWAL FEE: Fast; HSB does not publish a specific fee.

COMMISSION: HSB does not publish the fee amount.

INACTIVITY FEES: There are no published fees.

OTHER CHARGES: There is limited public data available.

HSB has developed its fee structure to match the local market's needs, while also creating a strong link with local banks in Indonesia.

User Experience/Reputation:

HSB has built a positive reputation in Indonesia due to strong regulation and innovative techniques. The HSB Investasi app has received 4.5/5 rating on the App Store from over 1,300 reviews and has also received similar ratings on other platforms.

HSB clients rate the following:

Security of funds

AI powered trading tools

Educational material

Customer support is responsive.

Traders continue to express concern over the competitiveness of spreads; however, HSB's continuing emphasis on innovative strategies to maintain its service.

Recent Developments:

While there are limited details available about what HSB plans for 2024 and beyond, HSB has stated that they are continuing to enhance their AI Trading tools and highlight recent awards won by HSB after their last annual report released. HSB has been proactive in combating false information that could potentially harm HSB by denying the existence of fake telegram accounts that purport to be HSB.

Conclusion:

HSB provides regulated and technologically based Forex trading solutions in Indonesia offering a wide selection of trading instruments, numerous AI trading tools, and their proprietary mobile application specifically designed for the needs of Indonesian traders. HSB's robust regulatory environment, client fund separation from the company's funds, and integration with several Indonesian Banks makes HSB a very good option for traders operating in the Indonesian domestic marketplace.

Many would argue that HSB's opacity around fees and expanded support for trading platforms limits its value proposition; however, HSB's continued commitment to innovation, education and strong customer service positions HSB as a viable choice for Indonesian traders looking for a secure environment that offers regulation and an up-to-date trading platform.