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ryad22
Within 1 year

Is it possible to deposit funds into my HMFS account with cryptocurrencies such as Bitcoin or USDT?

Broker Issues
HMFS
Deposit
Withdrawal
08-27
United States
WikiFX
Reply

In my experience as a trader, when choosing a broker, it’s absolutely essential for me to know not just what I can trade, but also the options I have for funding my account safely and reliably. Looking into HMFS, I noticed that while they do offer equity brokerage services and their own proprietary HMFS Insta Trade platform, their site and public information provide very limited transparency around deposit methods. Specifically, there is no mention of support for cryptocurrency deposits such as Bitcoin or USDT. For me, the absence of such information—especially when combined with important red flags like a lack of valid regulatory oversight and a high-risk warning—raises significant concerns. Generally, I tend to gravitate toward brokers that clearly outline all available deposit and withdrawal methods, as transparency and fund safety are paramount in my decision-making. Furthermore, without regulation or industry-standard trading platforms like MT4/MT5, I remain especially cautious. Based on what is available from HMFS, the minimum deposit is listed in Pakistani rupees, with no reference to cryptocurrencies. Therefore, I personally would not expect Bitcoin or USDT deposits to be supported. If using crypto funding is a requirement for you, I strongly recommend confirming this directly with HMFS before proceeding, and exercising extra caution with any unregulated broker.

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