HPI Forex Broker

HPI Summary in 7 PointsCompany nameHPIRegistered country/regionHong KongRegulationSuspicious CloneTrading PlatformsAuton(HPI)Maximum Leverage1:20Market InstrumentsAsset Management, Options Trading, Financial PlanningCustomer SupportEmail:cs@hpi.asiaPhone:+852 3519 9888HPI Information HPI is a broker based in Hong Kong. It offers a variety of market instruments, including Asset Management, Options Trading and Financial Planning.Pros And ConsProsCons24 hours online tradingSuspicious CloneDiverse Market InstrumentsShort transaction timeIs HPI Legit? The current regulatory status of HPI is suspected of being a set-up.Regulatory StatusSuspicious cloneRegulated bySecurities and Futures Commission of Hong KongLicensed InstitutionKOG Forex LimitedLicensed TypeLeveraged foreign exchange tradingLicensed NumberBAB663What Can I Trade on HPI? You can trade several products including Asset Management, Options Trading and Financial Planning.Tradable Instruments Supported Asset Management✔Options Trading✔Financial Planning✔Account Type HPI provides Individual Accounts and Joint Accounts. To apply for opening a trading account, you should complete the application form provided by HPIB. Individual Accounts: To open an Individual Account, you need to fill in the account application form, which includes personal information, financial information, investment experience and purpose. Joint Accounts: To open a Joint Account, you can use the same application form as your Individual Account, and the information required to be filled in is consistent with that of your Individual Account.HPI Fees HPI charges no commission for spot contracts and 15% commission for options contracts. Administration fee may be deducted for accounts having no transaction for over 3 consecutive months. The fee is $50 per every 3 month until the account is active with new trading activities.Trading Platform HPI uses self-developed product Auton (HPI) as trading software.Trading PlatformSupportedAvailable Devices Suitable for Auton(HPI)✔PC, MAC, AndroidAnyoneDeposit and Withdrawal HPI requires a minimum deposit of $50. Deposit OptionsDeposit Options Min. DepositFees Processing Time Bank transfer$50 for security depositNo mentionNo mentionCheque$50 for security depositNo mentionNo mentionA third party$50 for security depositNo mentionNo mention Withdrawal Options Withdrawal Options Min. Withdrawal Fees Processing Time ChequeNo mentionNo mention5 working days