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Pros

HCFX offers a wide range of trading instruments, including forex, precious metals, energies, and indices.
The broker provides access to the powerful MetaTrader 5 (MT5) platform, which supports advanced technical analysis and automated trading strategies.
Customer support is available 24/5 in multiple languages, enhancing accessibility for traders worldwide.

Cons

HCFX is not properly regulated, raising concerns about the safety of client funds and overall trustworthiness.
There are reports of the broker exceeding its business scope, which may indicate potential legal and operational issues.
Customer reviews highlight a lack of insurance for client funds, adding to the risk associated with trading with this broker.

HCFX broker Accounts

HCFX Account Type

HCFX offers a standard trading account that caters to the needs of various traders. The key features of the standard account include:

  • Minimum Deposit: $20
  • Account Base Currency: USD
  • Maximum Total Trade Size per Position: 20 lots
  • Leverage: Up to 1:1000
  • Minimum Trade Size: 0.01 lots
  • Margin Call / Stop Out Levels: 70% / 30%
  • Hedging: Yes
  • Swap-Free Option for Muslims: Yes
  • Maximum Orders: 200 positions
  • Personal Account Manager: Yes

The standard account allows access to a wide range of trading instruments across various asset classes, including forex, metals, cryptocurrencies, indices, commodities, and shares.

HCFX Broker Account Opening Process

To open an account with HCFX, follow these steps:

  • Visit the HCFX Website: Go to the official HCFX website.
  • Fill Out the Registration Form: Provide necessary personal information, including your name, email address, and phone number.
  • Choose Account Type: Select the standard account option.
  • Submit Required Documents: Upload any required identification and verification documents.
  • Fund Your Account: Make the minimum deposit of $20 to activate your trading account.
  • Receive Confirmation: Wait for confirmation of your account setup and login credentials.
  • Start Trading: Once your account is active, you can begin trading on the HCFX platform.
  • For further assistance, you can contact their customer support via phone, email, or live chat.

HCFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
HCFX Account