House Wealth foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.housewealth.com/registration/individual-registration.php, about the company's legal and temporary regulatory information, the company's address .
House Wealth broker review
House Wealth Advisors, officially known as Our House Wealth Advisors LLC, was established in 2019. The firm is headquartered at 3838 W 111th Street, Unit 110, Chicago, IL 60655, with an additional office located at 301 Harbour Place Dr Suite 204, Tampa, Florida 33602. As a privately held company, it operates under the regulatory framework of the states in which it provides services.
The primary market served by House Wealth Advisors includes individual investors and families seeking personalized financial planning and investment advisory services. The company has built a clientele of approximately 313 clients, with an advisor-to-client ratio of 1:313. This structure allows for tailored financial advice and a strong focus on client relationships.
Since its inception, House Wealth Advisors has achieved significant milestones, including the management of $48.1 million in assets as of early 2024. The firm focuses on comprehensive financial planning, which encompasses investment management, retirement planning, and wealth management strategies designed to help clients achieve their financial goals.
The business model of House Wealth Advisors is centered around retail financial advisory services, where they provide investment advice and portfolio management tailored to the unique needs of their clients.
House Wealth Advisors operates under the supervision of several regulatory bodies. The primary regulatory authority overseeing the firm is the Securities and Exchange Commission (SEC). The firm holds the following registration numbers:
The regulatory licenses are valid for providing investment advisory services in the states of Illinois and Florida. House Wealth Advisors ensures compliance with all applicable laws and regulations, which include maintaining a robust Know Your Customer (KYC) and Anti-Money Laundering (AML) framework.
Client funds are held in segregated accounts to protect client assets. This policy ensures that client funds are not commingled with the firms operational funds, thus providing an additional layer of security. Furthermore, House Wealth Advisors is a participant in investor compensation schemes, which offer protection to clients in the event of firm insolvency.
The firm adheres strictly to KYC and AML compliance measures to prevent financial crimes and ensure the integrity of its operations.
House Wealth Advisors offers a diverse range of trading products and services to meet the needs of its clients. The firm provides access to a variety of forex currency pairs, with a focus on major pairs that include:
Additionally, House Wealth Advisors offers Contracts for Difference (CFDs) across several categories, including:
The firm frequently updates its product offerings to include new and emerging markets, ensuring that clients have access to the latest investment opportunities. Retail trading services are complemented by institutional client services, where tailored solutions are provided to meet the specific needs of larger investors.
House Wealth Advisors also offers white-label solutions for other financial entities looking to provide investment services under their brand. This flexibility enhances the firms ability to cater to a wide range of clients, from individual investors to institutional partners.
House Wealth Advisors supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are recognized for their robust trading capabilities. These platforms offer advanced charting tools, automated trading options, and a user-friendly interface for both novice and experienced traders.
In addition to MT4 and MT5, the firm has developed its own proprietary trading platform, designed to provide clients with a seamless trading experience. This platform includes features such as real-time market data, customizable dashboards, and a suite of analytical tools.
Clients can also access a web-based trading platform, allowing for trading from any device with internet access. For those who prefer trading on the go, House Wealth Advisors offers mobile applications compatible with both iOS and Android devices, ensuring that clients can manage their investments anytime, anywhere.
The firm operates under an ECN (Electronic Communication Network) execution model, which allows for direct market access and transparent pricing. The underlying technology infrastructure is robust, with servers located in secure data centers to ensure high availability and fast execution speeds.
House Wealth Advisors supports API access for clients interested in automated trading solutions, providing the flexibility needed for algorithmic trading strategies.
House Wealth Advisors offers a variety of account types designed to cater to different trading styles and investment goals. The standard account conditions include:
For advanced traders, House Wealth Advisors provides VIP accounts with enhanced features, including lower spreads and personalized service. Additionally, the firm offers professional accounts for experienced traders seeking advanced trading conditions.
Special accounts, including Islamic accounts and corporate accounts, are also available to accommodate diverse client needs.
House Wealth Advisors provides a demo account policy, allowing prospective clients to practice trading without financial risk. The leverage offered ranges from 1:50 to 1:200, depending on the product type, enabling traders to maximize their trading potential.
The firm maintains a transparent overnight fees policy, which is communicated clearly to clients, ensuring there are no surprises regarding costs associated with holding positions overnight.
House Wealth Advisors supports various funding methods for clients to deposit and withdraw funds efficiently. Accepted methods include:
The minimum deposit requirements vary by account type, with standard accounts generally requiring a lower initial investment. Deposits are processed promptly, typically within 1-3 business days, depending on the method chosen.
There are no deposit fees associated with most funding methods, although clients should check the specific terms related to their chosen method.
For withdrawals, clients can utilize the same methods as deposits, with clear guidelines on any potential limits. Withdrawal processing times typically range from 1 to 5 business days, depending on the method and the firms internal processing times.
House Wealth Advisors maintains a transparent fee structure for withdrawals, ensuring clients are informed of any applicable charges before initiating a withdrawal.
House Wealth Advisors provides comprehensive customer support through multiple channels, including:
The support team is available during regular business hours, typically from 8:00 AM to 5:00 PM in the central time zone. The firm offers support in multiple languages, catering to its diverse client base.
To enhance client knowledge and trading skills, House Wealth Advisors provides a range of educational resources, including:
Market analysis services are also available, featuring daily updates, news, and research reports to help clients make informed trading decisions. Furthermore, trading tools such as calculators and economic calendars are provided to assist clients in their trading activities.
House Wealth Advisors primarily serves clients in the United States, with a focus on Illinois and Florida. The firm operates through its offices in Chicago and Tampa, providing localized services to its clients.
While the firm aims to expand its reach, certain countries and regions are restricted from accessing its services. These include countries subject to international sanctions and those where local regulations prohibit such financial services.
House Wealth Advisors is committed to maintaining compliance with all applicable regulations in the regions it serves, ensuring a lawful and secure trading environment for its clients.
In conclusion, House Wealth Advisors stands as a reputable player in the financial advisory sector, offering a diverse range of services and products tailored to meet the needs of its clients. With a strong focus on compliance and customer satisfaction, the firm is well-positioned to assist clients in navigating their financial journeys.