Company DetailsTrading PlatformsHouse Of Borse AssetsFeesLeverageMobile AppsPaymentsDemo AccountHouse Of Borse BonusesRegulation ReviewAdditional FeaturesHouse Of Borse AccountsBenefitsDrawbacksTrading HoursCustomer SupportSecurityHouse of Borse VerdictAccepted CountriesAlternatives to House Of BorseFAQ
House of Borse is an online broker trading in global markets including CFDs, forex, commodities and indices. This article reviews the MT4 and MT5 platforms, the minimum deposit requirement, and the regulatory status of the company. Read on before you open a live trading account at House of Borse.
Company Details
House of Borse is an FCA regulated broker, established in 2001 and incorporated as a private limited company in 2014. Headquartered in London and with a presence in the Middle East, the broker has built a global client base with a focus on professional traders. House of Borse operates using an ECN model, connecting clients directly to the interbank market to secure the best prices.
Trading Platforms
House of Borse offers the globally recognised MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can download either to desktop devices or trade through major web browsers. Both solutions are also available as a slick mobile app so you can invest on the go.
MetaTrader 4
Highlights of MT4:
One-click execution
Customisation features
Multilingual accessibility
30+ pre-installed technical indicators
Highly secure with encryption protocols
Expert advisors for automated online trading
Various order types supported, including market order, pending order, stop loss and take profit
House of Borse MetaTrader 4
MetaTrader 5
Highlights of MT5:
Tick chart trading
Market depth analysis
20+ time frames for charting
Various order types supported, including instant execution, buy stop limit, sell stop limit orders
House of Borse MetaTrader 5
Please refer to the broker’s website for full details on the installation of the platforms and account opening requirements.
House Of Borse Assets
House of Borse offers clients access to over 200 financial instruments in the following markets:
Forex – 60+ forex pairs; majors, minors and exotics, including EURUSD, USDJPY, and EURGBP
Equities – Company stocks including Google, Apple, Facebook, and Amazon
Indices – Global cash and futures indices including the UK100 and US30
Commodities – Including gold, silver, and energies
Fees
Spreads are competitive, with zero-pip spreads available on major currency pairs under the ECN pricing model. Spreads on leading pairs, such as the GBPUSD and EURGBP, start at 0.4 pips. Dynamic spreads are updated in real-time in the MT4 and MT5 platforms.
Commissions vary from $4 per $100,000 traded with Silver accounts to a $3 commission in Platinum accounts. Commission charges drop with increased trading volumes.
Leverage
Leverage rates are capped at 1:30 in line with ESMA regulations for retail traders. HOB does provide leverage up to 1:100 for professional traders. Leveraged trading should always be approached with caution.
Mobile Apps
The MT4 and MT5 platforms are both available for mobile trading, compatible with iOS and Android devices. The mobile offering supports the functionality found on the desktop terminals.
Key features of the MetaTrader mobile apps include:
Offline mode
Interactive charts
Multiple languages
Real-time streaming quotes
History of completed transactions
House of Borse mobile trading
Payments
Deposits
The minimum deposit at House of Borse is $5,000. Accepted methods include bank wire transfer (1 – 5 days), plus debit and credit cards (24 – 48 hours). Bank fees and card charges apply from transferring banks, more details can be found once logged in to the customer portal. Clients can deposit funds through the Member’s Area.
Withdrawals
Clients must complete a withdrawal request form to collect any profits. House of Borse process payments within 2 working days if submitted before 11 am (GMT) on business working days.
Demo Account
The broker offers a demo account where users can test their strategies on the MT4 and MT5 platforms. The client must complete an online registration form to practice trading in forex, gold, or silver. Virtual deposit funds are available up to $1,000,000.
House Of Borse Bonuses
At the time of writing, there are no promotions or bonuses, this includes a new account welcome deal and no deposit bonus. This is standard practice at FCA regulated brokers.
Regulation Review
House of Borse is authorised and regulated by the Financial Conduct Authority (FCA), a reputable financial agency. Clients are also covered under the Financial Services Compensation Scheme (FSCS) and funds are segregated from the company’s equity in FCA approved tier 1 banks.
The online trading broker also operates under the EU’s MiFID II (Markets in Financial Instruments Directive). This allows it to provide services across the European Economic Area.
Additional Features
The only additional tool of note at HOB is the economic calendar which keeps you up to date with key financial events. Aside from this, clients have to make do with the features built into the trading platforms. This is disappointing and may deter some beginners who benefit from useful extras.
House of Borse economic calendar
House Of Borse Accounts
House of Borse offers several accounts depending on trading volumes:
Silver Trader – less than 100 million
Gold Trader – up to one yard
Platinum Trader – more than one yard
All accounts offer:
Hedging
ECN execution
Competitive spreads
Leverage up to 1:100
0.01 minimum lot size
Base currency in EUR/USD/GBP
To open an account, clients must complete an online application form with supporting identification, proof of residence, and details of trading experience.
Benefits
Demo account
Dynamic spreads
24/5 customer support
FCA regulated and FSCS protection
Industry renowned MT4 and MT5 trading platforms
Drawbacks
No negative balance protection
Large $5,000 minimum deposit
Not available to residents in the USA
Trading Hours
House of Borse operates 24 hours a day, Sunday through to Friday. But trading hours do vary by instrument and a full list can be found on the broker’s website.
Customer Support
House of Borse Ltd offers several customer support channels:
UK telephone – 44(0)203 327 7001
Email – support@houseofborse.com
Online contact form – contact us page
Address – Berkley Square House, 2nd Floor, Berkley Square, Mayfair, London, W1J 6BD
Security
All data between client terminals and trading platforms have high-tech encryptions and secure logins. The MT4 platform also supports the use of RSA digital signatures and dual factor authentication.
House of Borse Verdict
House of Borse offers a range of live accounts and multiple trading instruments, including forex, indices and commodities. This, combined with access to the globally recognised MT4 and MT5 platforms, alongside tight spreads and 24/5 customer support, means the broker has a lot to offer new traders.
Accepted Countries
House Of Borse accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use House Of Borse from United States.
Alternatives to House Of Borse
If you are looking for alternatives to House Of Borse we have compiled a list of the top 5 brokers that are similar to House Of Borse below. This list of brokers like House Of Borse is in order of similarity and only includes companies that accept traders from your location.
ActivTrades – ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms.
OctaFX – OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
Vantage – Reliable and affordable trading since 2009. Join over 900,000 others trading on 400+ CFD products over assets like forex, gold, indices, cryptocurrency and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.
Exinity – Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms.
FAQ
Is House of Borse regulated?
House of Borse is authorised and regulated by the UK Financial Conduct Authority (FCA). This is a highly regarded financial regulator.
Does House of Borse offer a demo account?
Yes, the broker offers a demo account so traders can test their strategies risk-free with $50,000+ in virtual funds.
What currencies can I deposit with at House of Borse?
House of Borse accepts deposits in EUR, GBP and USD. Note payments into these currencies may incur fees.
What is the minimum deposit requirement to trade with House of Borse?
All account types have a $5,000 minimum deposit amount. This is high and means the broker isn’t the most accessible choice for beginners.
What trading model does House of Borse operate?
House of Borse operates under an ECN/DMA trading model. Clients trade directly through the interbank market with prices sourced from multiple liquidity providers.