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HHIFX Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.hhifx.com..., the company's legitimate regulatory information United KingdomFCAInvestment Advisory License to enhance the security of the company's address

HHIFX Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Fidelis Wealth
Abbreviation
HHIFX
Company employee
--
Company Website
Keywords
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Suspicious Overrun
High potential risk

Rating Index

  

V Element Partner Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  V Element Partner is a forex broker established in 2022. The company operates under the name V Element Partner Limited, with its headquarters located in London, United Kingdom. It is a privately held firm that primarily serves clients in China, offering a range of trading services to individual investors and institutions alike.

  Despite its recent establishment, V Element Partner has made significant strides in the forex market, aiming to provide competitive trading solutions. However, it is crucial to note that the company lacks regulatory oversight, which raises concerns about its credibility and safety for traders.

  V Element Partner is part of a broader group of financial services, potentially linked to the T3 Group, which is known for its multi-asset trading services. The broker's business model focuses on retail forex trading, providing clients access to various financial instruments including currency pairs, commodities, indices, and cryptocurrencies.

  

2. Regulatory and Compliance Information

  V Element Partner currently operates without any valid regulation from recognized financial authorities. It claims to be registered with the Companies House in the UK, holding registration number 13733240. However, this registration does not equate to regulatory approval or authorization to conduct business.

  The absence of regulation means that V Element Partner does not provide the typical investor protections associated with licensed brokers. Traders should be aware that if problems arise, they may not have access to legal recourse or compensation from investor protection funds.

  Furthermore, V Element Partner has not disclosed any information regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for ensuring the legitimacy of trading activities and protecting against fraud.

  

3. Trading Products and Services

  V Element Partner offers a diverse range of trading products, which include:

  • Forex Trading: The broker provides access to a variety of currency pairs, allowing traders to participate in the largest financial market globally.
  • CFDs: V Element Partner offers Contracts for Difference (CFDs) on various asset classes, including:
  • Indices: Major global indices such as the Dow Jones and FTSE.
  • Commodities: Including precious metals like gold and silver, as well as energy products like oil and gas.
  • Cryptocurrencies: Trading opportunities in popular cryptocurrencies such as Bitcoin and Ethereum.

  The broker regularly updates its product offerings, although specific details regarding the frequency of these updates and the addition of new products are not disclosed.

  V Element Partner caters primarily to retail traders, but it also provides services to institutional clients, albeit with limited information on their offerings for this segment.

  

4. Trading Platforms and Technology

  V Element Partner supports the widely recognized MetaTrader 5 (MT5) trading platform, which is known for its user-friendly interface and advanced trading features. The platform allows traders to execute trades efficiently and provides various analytical tools to assist in market analysis.

  In addition to MT5, the broker offers a web-based trading platform, enabling clients to trade directly from their browsers without the need for software installation. There is also a mobile application available for both iOS and Android, allowing traders to manage their accounts and execute trades on the go.

  The broker employs a Market Making execution model, which can affect the pricing and spreads offered to traders. However, specific details about their server locations and technological infrastructure are not provided, which is essential for assessing the broker's operational efficiency.

  V Element Partner offers limited information about API access and automated trading capabilities, which are critical for algorithmic traders seeking to implement their strategies.

  

5. Account Types and Trading Conditions

  V Element Partner provides several account types to cater to different trading preferences. However, specific details about the minimum deposit requirements, spreads, and commissions are not disclosed.

  • Standard Account: The basic account type that offers access to the primary trading products.
  • Advanced Accounts: Potentially including VIP or professional accounts, although details are scarce.
  • Special Accounts: Information about specific account types such as Islamic or corporate accounts is not available.

  The broker does not specify leverage ratios or minimum trading lot sizes, which are crucial for traders to understand their risk exposure. Additionally, details regarding overnight fees or swap rates are not provided.

  

6. Fund Management

  V Element Partner supports various deposit methods, including bank transfers, credit cards, and potentially e-wallets. However, specific details about the minimum deposit requirements for different account types are not disclosed.

  The processing time for deposits is not clearly outlined, which can be a concern for traders needing quick access to their funds. Additionally, there are no details available regarding deposit fees, which can impact the overall trading cost.

  Withdrawal methods and any associated restrictions are also not specified, along with the processing time for withdrawals. This lack of transparency can pose risks for traders looking to manage their funds efficiently.

  

7. Customer Support and Educational Resources

  V Element Partner offers customer support through various channels, including phone, email, and potentially online chat. The support team is available 24/7, but response times may vary, as indicated by user reviews.

  The broker claims to provide support in multiple languages, including Chinese (Simplified), which is beneficial for its primary market. However, details regarding the full range of supported languages are not provided.

  Educational resources from V Element Partner appear limited, with no clear offerings of webinars, tutorials, or e-books. Market analysis services, such as daily updates, news, and research reports, are also not explicitly mentioned, which can be a disadvantage for less experienced traders.

  

8. Regional Coverage and Restrictions

  V Element Partner primarily serves the Chinese market, focusing on individual and institutional clients in that region. The broker has regional offices in Wuxi City, Jiangsu Province, China, alongside its main office in London.

  However, V Element Partner does not accept clients from several countries, including the United States, Canada, and Australia, among others. These restrictions may limit the broker's accessibility for potential clients looking to trade from these regions.

  In summary, V Element Partner operates as an unregulated forex broker with a diverse range of trading products. While it offers competitive trading solutions, potential investors should exercise caution due to the lack of regulatory oversight and transparency in its operations.

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Latest Reviews

FX8239552572

FX8239552572

Hong Kong

Earned money to cannot come gold, platform of this platform bilk platform, I want to complain xin bao international, hope concerned branch checks, thank

Exposure

2018-10-13

FX8239552572

FX8239552572

Hong Kong

I gained profits and unable to withdraw money. This scam platform defrauded investors, I have to complain about HHIFX. I hope the relevant departments can investigate it, thank you

Exposure

2018-10-11

HHIFX Forex Broker has an overall rating of 1.59, Regulatory Index 0.00, License Index 0.00, Business Index 7.59, Software Index 4.00 Risk Control Index 0.00.