HCFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.hcfx.com/regist-real, about the company's legal and temporary regulatory information, the company's address RooM 11,FirsT Floor, 361-363 GreaT NorTh Road, Henderson, Auckland, 0612, New Zealand.
HCFX Forex Broker
Basic information
United States
L10104 L10302 L10505 L10701 L10703 L10801 L10901Company profile
Note: HCFX's official website: http://en.hcfx.com/ is currently inaccessible normally.
HCFX Review SummaryHCFX Information
HCFX is a brokerage firm that offers many trading instruments across multiple asset classes including forex, metals, crypto, indices, commodities, shares, and cryptocurrencies. It provides both Standard accounts and free demo accounts through MetaTrader 5 with high leverage up to 1:1000 and spreads starting from 1.5 pips.
Pros and Cons
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Is HCFX Legit?
HCFX was a Financial Service Corporation regulated by the Financial Service Providers Register (FSPR) in New Zealand with a license number of 646029. But the license is revoked now.
Besides, HCFX once had a Common Financial Service License regulated by the National Futures Association (NFA) in the United States with a license number of 0508498. But it is unauthorized.
| Regulatory Status | Revoked |
| Regulated by | The Financial Service Providers Register (FSPR) |
| Licensed Institution | HC HOLDINGS GROUP LIMITED |
| Licensed Type | Financial Service Corporate |
| Licensed Number | 646029 |
| Regulatory Status | Unauthorized |
| Regulated by | National Futures Association (NFA) |
| Licensed Institution | H C INFOMATION TECHNOLOGY CO LIMITED |
| Licensed Type | Common Financial Service License |
| Licensed Number | 0508498 |
What Can I Trade on HCFX?
HCFX offers many trading instruments across different asset classes, including forex, metals, crypto, indices, commodities, shares, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Cryptocurrency | ✔ |
| Shares | ✔ |
| Stock | ❌ |
Account Type
HCFX offers both Standard accounts, which require a minimum deposit of $20, and free demo accounts for traders.
HCFX Fees
HCFX provides spreads starting from 1.5 pips. The company does not charge any commissions for trading pairs, metals, indices, commodities, and stocks. But the commission rate for cryptocurrencies is 0.8% per lot.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
HCFX requires a minimum deposit of $20 for Standard accounts.
Rating Index
HCFX Similarly Rated Brokers
Latest Reviews
fxx00287321
Hong Kong
The FSP license wasn’t a regulation licence. Brokers in New Zealand should obtain derivative finance license to be regulated. So there was no fund security in HCFX!
Exposure
2020-06-24
FX1050390472
Argentina
One day, I suddenly got an ad from this broker on instagram. Out of curiosity, I took a look and found the trading conditions very attractive. Then just to be sure I came to wikifx to look up this company and saw that their regulatory status is terrible. I really appreciate wikifx for helping me choose a broker.
Neutral
2022-11-27