HIBT Forex Broker

HIBT Review Summary Founded2024-05-14 Registered Country/RegionBahamas RegulationSuspicious Clone Market InstrumentsForex, Index CFDs, Commodities, Cryptocurrencies, ETF CFD, Stock CFD, and Currency Index CFD Demo Account✅ LeverageUp to 1:30 SpreadFrom 0.0 pips Trading PlatformMT4, MT5, cTrader (Windows, Browser, Mobile) Min Deposit/ Customer Supportsupport@hibtus.com Live Chat Sea Sky Lane, B201, Sandyport, Nassau, New Providence, The BahamasHIBT Information HIBT is a forex and CFD broker. It offers over 700 products, including foreign exchange, indices, etc. There are two account types: the HIBT account (0.0 pip spread, AUD 7 commission per 100,000 transactions) and the Standard account (+1 pip spread, commission-free). The maximum leverage is 1:30, and it supports trading on mainstream platforms like MT4/MT5 and cTrader.Pros and Cons Pros Cons Spreads as low as 0.0 pipsLow cryptocurrency leverage (1:2) Commission-free accountsNo 24/7 customer support MT4/MT5/cTrader available Leverage up to 1:30Is HIBT Legit? It is claimed that SCB regulates HIBT, but its regulatory status is a “Suspicious Clone”. Traders are advised to prioritize regulated brokers for their investments.What Can I Trade on HIBT? HIBT offers over 700 products, including Forex, Index CFDs, Commodities, Cryptocurrencies, ETF CFD, Stock CFD, and Currency Index CFD. Tradable Instruments Supported Forex✔ Commodities✔ Index CFDs✔ Cryptocurrencies✔ ETF CFD✔ Stock CFD✔ Currency Index CFD✔Account Type The main difference between the HIBT account and the Standard account is that the HIBT account offers raw spreads and commissions, while the Standard account provides raw spreads plus an additional 1 pip. Account Type HIBTStandard Institutional SpreadYesYes Average EURUSD Spread0.0-0.3 points1.1 points CommissionFrom 7 AUD per 100,000 bilateral transactions$0 Most suitableScrapers and Algorithmic TradersNew TraderHIBT Fees The HIBT account offers spreads as low as 0.0 pips, with a commission starting from 7 AUD per 100,000 bilateral transactions, while the Standard account is commission-free.Leverage All accounts can use leverage of up to 1:30.Trading Platform PlatformcTraderMetaTrader 4MetaTrader 5 Desktop platformWindowsWindowsWindows Browser versionYesNoNo Android supportYesYesYes iOS supportYesNoNo 150 available trade instrumentsYesYesYesDeposit and Withdrawal HIBT supports bank wire transfers, credit cards (Visa/Mastercard), and e-wallets (such as Skrill and Neteller), offering free deposit services. Most international wire transfer withdrawals incur a fee of approximately 20 Australian dollars. Withdrawals via bank wire transfer typically take 3-5 business days to arrive in the account.Copy Trading HIBT provides a built-in social trading function, allowing investors to browse the performance data of other traders and copy trading strategies with one click. It is suitable for novices to follow the operations of professional traders.Bonus HIBT offers a referral reward: if you refer a friend to open an account and make a deposit, both of you will receive 20 free trading opportunities. There is also an Active Trader Program, where large-volume traders can enjoy cash rebates. For specific ratios, please feel free to consult customer service.