Henderson Palmer does not disclose any legal information about the company or the date of its incorporation. In addition, the website lists an office address in Singapore and telephone numbers for contact in the UK and Australia. However, the issue of regulating client disputes with the broker is not addressed in the Terms and Conditions. As for the domain, it was only registered in February 2023 in the Netherlands.
Should we trust our money to this company? Could it be a fake terminal masquerading as a legitimate platform in front of us? We will investigate the offers and documents presented on the website and give our opinion on the broker’s work.
A potential client undergoes registration and very strict verification in order to start trading on the site. According to AML Policy, the security service checks the residential address and source of income of citizens, as well as all legal and economic documentation of companies. Among the asset classes available on Henderson Palmer are forex, commodities, CFDs, stocks, stock indices, and cryptocurrencies.
The broker offers 7 types of accounts sorted by minimum amount, commission fees, and number of services offered. You can choose the option that suits you from the following:
- Micro £5,000 – 5% commission
- Basic £10,000 – 4.5% commission, loyalty points
- Advanced £25,000 – 4% commission, personal manager
- Premium £50,000 – 3.5% commission, extended CDCs
- Silver £100,000 – 3% commission, trading signals
- Gold £250,000 – 2.5% commission, trade reports
- Platinum, Upon request – 2% commission, dedicated analyst
VIP clients with accounts of 500,000 pounds and above receive maximum benefits. You can find out the details of the program from the company manager.
There is no Islamic account available on the site. Henderson Palmer does not accept US citizens and clients, individuals or companies, from countries that have restrictions or sanctions.
You can read information on the specifics of trading each asset class in the “Articles” section of the site. In addition, free training is available for clients with a Level 2 (Basic) account and above.