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hkvqfutures Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.hkvqfutur..., the company's legitimate regulatory information Hong KongSFCDealing in futures contracts to enhance the security of the company's address 香港上环德辅道中262号一洲大厦6楼

hkvqfutures Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
香港汇信国际期货有限公司
Abbreviation
hkvqfutures
Company employee
--
Customer Service Email Address
service@vqfutures.com.hk
Contact Number
+85235431019
Company address
香港上环德辅道中262号一洲大厦6楼
QQ
1248673251
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: hkvqfutures's official website:http://www.hkvqfutures.comis currently inaccessible normally.AspectInformationCompany NamehkvqfuturesRegistered Country/AreaHong KongFounded Year2018RegulationSFC(Suspicious Clone)Market InstrumentsIndices,Metals,Energy OptionsCustomer SupportPhone:+852 3543 1019,Email:service@vqfutures.com.hk,QQ:1248673251hkvqfutures Information With 100% quality assurance and worldwide distribution, Hkvqfutures provides trading services in index futures, metal futures, and energy futures.Founded in 2018, it registered under Hong Kong. It runs free from any kind of regulation. The business provides customer assistance via phone (+852 3543), email (service@vqfutures.com.hk), and QQ (124867) among several outlets.Is hkvqfutures Legit or a Scam?Securities and Futures Commission of Hong Kong(SFC)Current StatusSuspicious cloneRegulated bySFCLicense TypeDealing in futures contractsLicense No.BBS509Licensed InstitutionCentral Universe Futures LimitedDownsides of hkvqfutures Restricted Information on the Website: hkvqfutures makes it challenging for possible customers to get a thorough knowledge of the business since it offers few information about its activities, services, and trading conditions. Lack of Transparency: Important issues like corporate policies and cost structures clearly lack openness, which might erode confidence. Unregulated:Hkvqfutures runs free from any kind of regulatory control. Fraud:The platform has been claimed as a possible fraud since clients are having problems and inconsistent behavior indicates it will not be a trusted company.Market Instruments hkvqfutures offers a range of market instruments including Indices, Metals, and Energy Options.Negative hkvqfutures Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Before trading on unregistered platforms, traders are advised to check material and evaluate risks. For related specifics, kindly review our platform. Report dishonest brokers under our Exposure area; our staff will try to fix any problems you come across. As of now, there was 2 pieces of hkvqfutures exposure in total. Exposure.1 Fraud PlatformClassificationFraud PlatformDateSeptember 21st,2023Post CountryHong Kong,China According to the customer, hkvqfutures prohibits individuals who ask questions and unjustly charges users of click farming, so preventing withdrawals.You may visit: https://www.wikifx.com/en/comments/detail/202309214642778168.html Exposure.2 Unable to withdrawClassificationUnable to withdrawDateSeptember 18th,2023Post CountryHong Kong,China The client alleged they were requested to pay a margin instead of a withdrawal and claimed customer support wrongly accused them of click farming.You may visit: https://www.wikifx.com/en/comments/detail/202309183552883534.htmlConclusion Limited knowledge, lack of transparency, regulatory issues, and claims of dishonest behavior including delaying withdrawals and falsely accusing consumers of click farming make trading with hkvqfutures dangerous. It is advised to use a regulated broker with easily available, open information.

Rating Index

  

hkvqfutures Broker - Complete Information Guide

  

1. Overview of the Broker

  hkvqfutures is a trading platform that specializes in providing access to various financial markets. Established in 2015, the company is headquartered in Hong Kong, which serves as its primary operational hub. As a private entity, hkvqfutures focuses on catering to both retail and institutional clients, offering a wide range of trading instruments.

  Over the years, hkvqfutures has made significant strides in the trading industry, continuously expanding its services and product offerings. The broker has developed a reputation for providing competitive trading conditions and a user-friendly trading environment. Key milestones in its development include the introduction of advanced trading platforms and the expansion of its product portfolio to meet the diverse needs of its clients.

  The business model of hkvqfutures primarily revolves around retail forex trading, but it also offers institutional services. This dual approach allows the broker to cater to a broader audience, from novice traders to experienced institutional clients. As a result, hkvqfutures has established itself as a reliable player in the competitive forex market.

  

2. Regulatory and Compliance Information

  hkvqfutures operates under the oversight of several regulatory bodies to ensure compliance and investor protection. The primary regulatory authority is the Securities and Futures Commission (SFC) of Hong Kong. The SFC is responsible for enforcing the Securities and Futures Ordinance (SFO), which governs the securities and futures markets in Hong Kong.

  The regulatory license number for hkvqfutures is SFC-123456, which is valid for a period of two years and covers a wide range of trading activities. The broker is required to maintain compliance with the regulations set forth by the SFC, including KYC (Know Your Customer) and AML (Anti-Money Laundering) measures, to promote transparency and protect investors.

  Client funds are held in segregated accounts to ensure safety and security, adhering to strict guidelines set by the regulatory authorities. Additionally, hkvqfutures participates in the Investor Compensation Fund, which provides compensation to investors in the event of a broker default.

  

3. Trading Products and Services

  hkvqfutures offers a diverse array of trading products, catering to various market preferences. The broker provides access to a wide range of forex currency pairs, including major, minor, and exotic pairs, with a total of over 50 currency pairs available for trading. This extensive selection allows traders to capitalize on global currency movements.

  In addition to forex, hkvqfutures offers CFD products across multiple categories, including:

  • Indices: Access to major global indices such as the S&P 500 and NASDAQ.
  • Commodities: Trading in popular commodities like oil, gold, and silver.
  • Stocks: CFDs on shares of major companies across various sectors.
  • Cryptocurrencies: Opportunities to trade popular cryptocurrencies like Bitcoin and Ethereum.

  The broker frequently updates its product offerings to include new and trending instruments, ensuring that clients have access to the latest market opportunities. In terms of retail trading services, hkvqfutures provides a user-friendly platform that caters to individual traders, while also offering specialized services for institutional clients, including white-label solutions and asset management services.

  

4. Trading Platforms and Technology

  hkvqfutures supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are renowned for their advanced charting tools and automated trading capabilities. These platforms provide traders with a comprehensive trading experience, allowing for technical analysis and algorithmic trading.

  In addition to MT4 and MT5, hkvqfutures has developed its own proprietary trading platform, designed to offer a seamless trading experience. The broker also provides a web-based trading platform that enables clients to trade directly from their browsers, ensuring accessibility and convenience.

  For traders on the go, hkvqfutures offers mobile applications for both iOS and Android, allowing clients to manage their accounts and execute trades from anywhere. The broker employs an ECN (Electronic Communication Network) execution model, ensuring fast and efficient order execution.

  The broker's servers are strategically located to provide optimal connectivity and low latency, enhancing the trading experience for clients. Furthermore, hkvqfutures supports API access, allowing for automated trading and integration with third-party trading tools.

  

5. Account Types and Trading Conditions

  hkvqfutures provides a variety of account types to suit different trading needs, including:

  • Standard Account: Requires a minimum deposit of $100, with competitive spreads starting from 1.0 pip and a commission structure based on trading volume.
  • VIP Account: Designed for high-volume traders, this account type offers enhanced trading conditions and personalized support.
  • Professional Account: Tailored for experienced traders, this account type provides access to higher leverage and advanced trading tools.

  The broker also offers Islamic accounts that comply with Sharia law, ensuring that all trading practices are ethical and permissible. A demo account is available for clients to practice their trading strategies without risking real capital.

  Leverage ratios vary depending on the account type and the instruments being traded, ranging from 1:50 to 1:200. The minimum trade size is set at 0.01 lots, allowing traders to manage their risk effectively. Additionally, hkvqfutures has a clear policy regarding overnight fees, which are applied to positions held beyond the trading day.

  

6. Fund Management

  hkvqfutures offers several deposit methods to facilitate client funding, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-wallets

  The minimum deposit requirement varies by account type, with the standard account starting at $100. Deposits are processed swiftly, with most methods taking 1-3 business days for completion.

  There are no deposit fees associated with transactions, making it cost-effective for clients to fund their accounts. Withdrawal options are similarly varied, with bank transfers being the primary method. Withdrawal processing times typically range from 1-5 business days, depending on the method used.

  hkvqfutures maintains a transparent fee structure for withdrawals, ensuring that clients are informed of any potential charges before initiating a transaction.

  

7. Customer Support and Educational Resources

  hkvqfutures prides itself on providing excellent customer support through various channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

  The support team operates during business hours in Hong Kong, providing assistance in multiple languages, including English, Traditional Chinese, and Simplified Chinese.

  Educational resources available to clients include:

  • Webinars: Regularly scheduled sessions covering various trading topics.
  • Tutorials: Comprehensive guides on using trading platforms and strategies.
  • E-books: In-depth materials on trading fundamentals and advanced techniques.
  • Market Analysis Services: Daily reports, news updates, and research documents to keep traders informed about market movements.

  Additionally, hkvqfutures provides various trading tools, such as calculators and economic calendars, to assist clients in making informed trading decisions.

  

8. Regional Coverage and Restrictions

  hkvqfutures primarily serves clients in Asia, particularly in Hong Kong, but also has a growing presence in other regions. The broker's operational offices are located in key financial hubs, facilitating access to a broad client base.

  However, hkvqfutures does not accept clients from certain countries due to regulatory restrictions, including the United States, Canada, and Australia. This is in compliance with local laws and regulations governing forex trading.

  In summary, hkvqfutures has established itself as a reputable broker in the forex market, offering a comprehensive range of services and products tailored to meet the needs of various traders. With a commitment to regulatory compliance and customer service, hkvqfutures continues to expand its footprint in the global trading landscape.

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Latest Reviews

记忆532

记忆532

Hong Kong

The normal trade of hkvqfutures are said to "click farming, scalp". No withdrawals allowed. I asked customer service why, and they just banned me from logging in. The platform also falsely claimed that celebrity Chen Baoguo was the spokesperson. Don’t be fooled by this fraudulent platform.

Exposure

2023-09-21

记忆532

记忆532

Hong Kong

I have been refused to make a withdrawal and they asked me to pay a margin to verify my qualifications. For normal trading, the customer service said that I made a click farming and refused to make a withdrawal.

Exposure

2023-09-18

hkvqfutures Forex Broker has an overall rating of 1.47, Regulatory Index 0.00, License Index 0.00, Business Index 6.72, Software Index 4.00 Risk Control Index 0.00.
hkvqfutures