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.
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.
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.
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.
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.
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.
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.
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.
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.
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