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Hotfxoption foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.hotfxoption.com/Account/Register, about the company's legal and temporary regulatory information, the company's address 4100 W Flamingo Rd Suite. 1400 Las Vegas , NV 89103.

Hotfxoption Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Hotfxoption
Abbreviation
Hotfxoption
Company employee
--
Customer Service Email Address
SUPPORT@HOTFXOPTION.COM
Contact Number
+17252245595
Company address
4100 W Flamingo Rd Suite. 1400 Las Vegas , NV 89103
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Details Company Name Gedik YATIRIM Registered Country Turkey Founded Year 1991 Regulation No Regulation Tradable Assets Stock Certificates, F&O Market (Futures and Options), Forex, Commodities, Precious Metals, Energy, Fixed Income Securities Services Portfolio Management, Investment Consultancy, Corporate Finance, Public Offering Brokerage, Corporate Treasury Transactions, International Corporate Sales, Brokerage Services Trading Platforms Gedik Trader (Web and Mobile) Customer Support Email bilgi@gedik.com, live chat, phone 0216-453-00-53, contact form Educational Resources Research and analysis, Newsletters Overview of Gedik YATIRIM Gedik YATIRIM, established in 1991 in Turkey, operates without formal regulatory oversight. It provides several financial products including stock certificates, futures, options, forex, commodities, and precious metals. Geared towards both individual and corporate clients, Gedik YATIRIM offers investment solutions services, such as portfolio management, investment consultancy, and corporate finance services. It primarily operates through its proprietary trading platform, Gedik Trader, available on both web and mobile interfaces. Pros and Cons Gedik YATIRIM, a broker with a substantial offering of market instruments such as stocks, futures, and options, operates across international markets, providing various financial products. However, Gedik YATIRIM lacks regulatory oversight. Furthermore, the broker's services could be too complex for novice investors, and there is a lack of transparency in terms of account types, leverage options, spreads, and associated fees. Pros Cons Multiple market instruments including stocks, futures, and options Not regulated Operates in international markets offering access to multiple financial products Relatively narrow focus on specific types of investments and regions Provides financial instruments for sophisticated trading strategies Services could be complex for new investors without prior market knowledge Services covering individual and corporate financial needs Lack of transparency of account types Investment strategies and personalized consultancy Obscurity regarding leverage, spreads and fees Is Gedik YATIRIM legit or a scam? Gedik YATIRIM operates without formal regulatory oversight. The absence of a regulatory body means that traders are at greater risk of encountering fraudulent activities and unethical practices. Market Instruments Stock Certificates and Equity Markets: Gedik YATIRIM allows trading in stock certificates, which are vital components of capital markets, under regulations defined in the Capital Markets Law and the Turkish Commercial Code. Futures and Options Market (F&O): The broker provides access to the Futures and Options Market within the Istanbul Stock Exchange. This market includes futures and options contracts on capital market instruments such as stock certificates, indices, currencies, precious metals, commodities, and energy. International Markets: It operates across 15 countries and 32 stock exchanges, facilitating trading in stock certificates, futures, options, and Eurobonds, with specific provisions for hedging and leveraging. Investment Funds: Gedik YATIRIM manages investment funds which are unincorporated assets managed on behalf of savers, focusing on fiduciary ownership and claiming to provide maximum benefit to investors. Treasury Transactions: The broker claims to protect against price movements or to capitalize on them in foreign exchange, commodity, interest, and share markets. Services Individual Services Portfolio Management: This service involves the expert management of investors' savings according to different risk and return preferences. It claims to adapt to changing market conditions, having alignment with the financial goals and risk profiles of individual and institutional investors. Investment Consultancy: The Investment Consultancy team provides investment consultancy based on detailed risk profile analyses. This service includes daily, weekly, and monthly communications, with one-on-one support for newcomers to the capital markets, enhanced by digital platforms like YouTube for instant support and detailed investment reports. Corporate Services Corporate Finance: Offers a broad range of consultancy services at international standards, including brokerage for public offerings, mergers and acquisitions consultancy, and other specialized financial transactions. This service leverages an experienced team and a wide network to execute complex financial operations and enhance corporate financial strategies. Public Offering Brokerage: Facilitates the public offering process from pre-offering preparation to post-offering support. This includes managing compliance, marketing, and the distribution processes critical for successful public listings. Corporate Treasury Transactions: Provides products for protecting or capitalizing on price movements in various markets, targeting importers, exporters, and individual clients. International Corporate Sales: Delivers personalized long-term and daily investment strategies and advanced market analysis for a wide range of clients, from high-frequency institutional investors to conventional ones relying on fundamental analysis. Brokerage Services Gedik YATIRIM offers extensive brokerage services across a variety of markets including equity, debt, and derivatives. The brokerage services are supported by an experienced team that assists clients in selecting and managing the best investment products to meet their risk and return expectations. How to Open an Account with Gedik YATIRIM To open an account with Gedik YATIRIM, start by navigating to their website and clicking the 'open account' button. The initial steps involve: Create Your Account: Begin by filling in the required personal details to set up your account. Confirm Your Contracts: Review and agree to the necessary contracts and terms of service. Verify Your Identity: Provide the required documentation to verify your identity, which often includes ID, proof of address, and other relevant information. Trading Platform Gedik YATIRIM presents its bespoke trading platform, Gedik Trader, which is engineered to accommodate a broad spectrum of trading activities in the BIST Equity and Futures & Options (F&O) markets. Drawing on over a quarter-century of market expertise, Gedik Trader is accessible both via web and mobile applications, enabling investors to engage with the market effectively. It offers real-time or 15-minute delayed market data and supports extensive trading functionalities, including equity and derivatives trading. Customer Support Email: bilgi@gedik.com Headquarters: Altayçeşme Mahallesi, Çamlı Sokak, No: 21, Kat: 10-11-12, 34843 Maltepe/İstanbul Investor Contact Center: 0216-453-00-53 Online live chat and a contact form are available on their website. Educational Resources Gedik YATIRIM's Research and Analysis capability, foundational to Gedik Investment, delivers comprehensive market insights through various publications such as Daily, Weekly, and Monthly Newsletters, Strategy Reports, and Company Reports. The Newsletter Subscription service complements this by allowing investors to receive customized reports and analyses. Investors can select to receive information on specific investment products, streamlining the influx of data to suit their unique investment goals and strategies. Conclusion Founded in 1991, Gedik YATIRIM is a Turkish-based financial brokerage that offers multiple financial products, including equities, derivatives, forex, and commodities. The firm also provides services such as portfolio management and investment consultancy. While Gedik YATIRIM boasts a broad market presence and varied service offerings, the absence of regulatory oversight indicates potential challenges. The brokerage operates via its proprietary trading platform, Gedik Trader, which supports both web and mobile interfaces. FAQs Q: What types of financial instruments can I trade at Gedik YATIRIM? A: Gedik YATIRIM offers trading in equities, derivatives, foreign exchange, commodities, and precious metals. Q: Does Gedik YATIRIM have regulatory accreditation? A: No, Gedik YATIRIM is not regulated. Q: What trading platforms are available at Gedik YATIRIM? A: The brokerage uses its proprietary platform, Gedik Trader, accessible via web and mobile apps for trading. Q: What are the main services provided by Gedik YATIRIM? A: The firm provides portfolio management, investment consultancy, corporate finance, and various brokerage services. Q: How do I start trading with Gedik YATIRIM? A: You can start by visiting their website, registering for an account, accepting the terms, and verifying your identity. Q: Are there educational materials available at Gedik YATIRIM? A: Yes, Gedik YATIRIM offers analyses and newsletters on a regular basis. Q: How can I contact Gedik YATIRIM customer service? A: Customer support is available via email, live chat, phone calls, and an online contact form. Risk Warning Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies. Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

Rating Index

  

ZHHQ Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Company Name: ZHH Global Limited, also known as ZHHQ Broker, was established approximately 2 to 5 years ago. The exact founding date is not disclosed in the available information.

  Headquarters and Main Offices: The broker is headquartered in the United States, although specific office locations have not been detailed.

  Company Nature: ZHHQ is a privately held company, operating independently without public listing.

  Primary Markets and Clientele: ZHHQ Broker primarily serves retail forex traders and potentially institutional clients, although specific demographic details are not provided. The focus appears to be on offering a range of trading solutions to individual traders.

  Company Development and Milestones: Information on the developmental milestones of ZHHQ Broker is limited. The broker seems to be relatively new in the market, and as such, detailed historical achievements have not been highlighted.

  Parent Company or Group Relations: The broker operates under its own name without any indication of a parent company or affiliation with larger financial groups.

  Business Model Overview: ZHHQ Broker primarily engages in retail forex trading, providing access to various currency pairs and potentially other trading instruments. The specifics of their business model, including the structure of their trading services, have not been fully detailed.

  

2. Regulatory and Compliance Information

  Main Regulatory Bodies: ZHHQ Broker does not appear to be regulated by any recognized financial authority. The absence of regulatory oversight is a significant concern for potential clients.

  Regulatory Numbers: There are no valid regulatory numbers associated with ZHHQ Broker, which raises red flags regarding its legitimacy.

  License Validity and Scope: Given the lack of regulation, there are no licenses to validate the operations of ZHHQ Broker.

  Legal Entities in Different Regions: The broker is registered in the United States, but no additional legal entities are mentioned for other regions.

  Client Fund Segregation Policies: The information regarding the segregation of client funds is not provided, which is a critical aspect of broker compliance.

  Investor Compensation Fund Participation: There is no indication that ZHHQ Broker participates in any investor compensation schemes, which typically provide some level of protection for client funds.

  KYC and AML Compliance Measures: Specific details regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures are not available, leading to concerns about the broker's adherence to industry standards.

  

3. Trading Products and Services

  Number of Forex Pairs and Major Currency Types: ZHHQ Broker offers a selection of forex currency pairs, although the exact number of pairs is not specified. It is implied that they cover major currency pairs commonly traded in the forex market.

  CFD Product Categories: The broker may offer Contracts for Difference (CFDs) on various asset classes, including indices, commodities, and potentially stocks. However, specific details on the types of CFDs available are not disclosed.

  Unique Products or Trading Instruments: There is no mention of any unique products or exclusive trading instruments that set ZHHQ Broker apart from competitors.

  Product Update Frequency and New Offerings: Information regarding how frequently the broker updates its product offerings or introduces new instruments is not provided.

  Retail Trading Services: ZHHQ Broker appears to cater primarily to retail traders, offering them access to forex trading and possibly other financial instruments.

  Institutional Client Services: There is no specific information available regarding services tailored for institutional clients.

  White Label Solutions: There is no indication that ZHHQ Broker provides white label solutions to other businesses.

  Asset Management Services: The available information does not mention any asset management services provided by ZHHQ Broker.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support: ZHHQ Broker supports the MetaTrader 4 trading platform, which is a standard in the industry for forex trading. There is no mention of support for MetaTrader 5.

  Proprietary Platform Details: There is no information regarding any proprietary trading platforms developed by ZHHQ Broker.

  Web-Based Trading Platform: Details about a web-based trading platform are not provided, which may limit accessibility for some users.

  Mobile Application Support: There is no information on whether ZHHQ Broker offers mobile applications for iOS or Android devices.

  Execution Models (ECN, STP, Market Making): The execution model employed by ZHHQ Broker is not clearly defined in the available information, which is essential for traders to understand how their orders will be handled.

  Server Locations and Technical Infrastructure: Information regarding the server locations and the technical infrastructure supporting the trading operations of ZHHQ Broker is not available.

  API Access and Automated Trading Support: There is no mention of API access or support for automated trading, which could be a disadvantage for algorithmic traders.

  

5. Account Types and Trading Conditions

  Standard Account Conditions: The minimum deposit requirement for opening an account with ZHHQ Broker is not specified in the available information. Details about spreads and commissions are also missing.

  Advanced Account Types: Information regarding advanced account types, such as VIP or professional accounts, is not provided.

  Special Accounts: There is no mention of special accounts, such as Islamic accounts or corporate accounts.

  Demo Account Policy: The availability of demo accounts for practice trading is not detailed.

  Leverage Ratios: The leverage ratios offered by ZHHQ Broker are not specified, which is crucial for traders to assess their potential risk exposure.

  Minimum Trade Sizes: The minimum trade size allowed by ZHHQ Broker is not mentioned.

  Overnight Fees Policy: Information regarding overnight fees or swap rates is not provided.

  

6. Fund Management

  Supported Deposit Methods: The available information does not specify the deposit methods supported by ZHHQ Broker, such as bank transfers, credit cards, or e-wallets.

  Minimum Deposit Requirements: Specific minimum deposit requirements for different account types are not disclosed.

  Deposit Processing Times: Information regarding the processing times for deposits is not available.

  Deposit Fees: There are no details on whether ZHHQ Broker charges any fees for deposits.

  Withdrawal Methods and Restrictions: The withdrawal methods supported by ZHHQ Broker are not specified, nor are any restrictions on withdrawals mentioned.

  Withdrawal Processing Times: The processing times for withdrawals are not detailed.

  Withdrawal Fee Structure: Information regarding the fee structure for withdrawals is not provided.

  

7. Customer Support and Educational Resources

  Support Channels: ZHHQ Broker's customer support channels are not specified, leaving potential clients in the dark about how to reach out for assistance.

  Service Hours and Time Zone Coverage: The service hours and time zone coverage of ZHHQ Broker's customer support are not mentioned.

  Multilingual Support: It is unclear whether ZHHQ Broker offers support in multiple languages.

  Types of Educational Resources: The types of educational resources available, such as webinars, tutorials, or e-books, are not detailed.

  Market Analysis Services: There is no information on whether ZHHQ Broker provides market analysis services, such as daily analyses, news updates, or research reports.

  Trading Tools: The availability of trading tools, such as calculators, calendars, or signal services, is not specified.

  

8. Regional Coverage and Restrictions

  Primary Service Markets: The primary markets served by ZHHQ Broker are not explicitly stated.

  Regional Office Distribution: There is no information regarding the distribution of regional offices for ZHHQ Broker.

  Countries/Regions Not Accepted: The specific countries or regions from which ZHHQ Broker does not accept clients are not mentioned.

  Special Restrictions: Any special restrictions that may apply to certain clients or regions are not provided.

  In conclusion, while ZHHQ Broker offers a range of trading services, the lack of regulatory oversight and transparency raises significant concerns for potential clients. Prospective traders should exercise caution and conduct thorough research before engaging with this broker.

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Latest Reviews

FX9220879122

FX9220879122

Nigeria

Before anyone deletes this post Mr @ewhitefrank cheated lot of indian clients along with me when we tried to withdraw our momey from Hotfxpro.com platform he blocked us all and now our hard earned money is lost we want justice and our money back

Exposure

2021-09-07

Hotfxoption Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.83, Software Index 4.00 Risk Control Index 0.00.
Hotfxoption