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HS Forex broker specializes in providing foreign exchange trading services, the company's official website http://member.hsgjfx..., the company's legitimate regulatory information to enhance the security of the company's address

HS Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
HUASHENG INTERNATIONAL
Abbreviation
HS
Company employee
--
Customer Service Email Address
service@huashengfx.com
Company Website
--
Keywords
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Is HS a Scam? Scam Brokers List HS has been listed on WikiFX's Scam Brokers list. The platform operates as illegal. Please be aware of the scam domains as follows: http://www.huashengfx.com/ Regulatory Concerns HS runs as an uncontrolled entity in China Hong Kong. The corporation has carried on its operations free from financial regulatory body control. This absence of control influences the security policies and standards the business follows during its activities.Negative Huangding International Reviews on WikiFX “Exposure” is featured on WikiFX as a word-of-mouth recommendation taken from users. Before trading on unregistered venues, traders should check material and evaluate risks. About related details, kindly visit our platform. Report dishonest brokers in our Exposure area; our staff will try to fix any problems you come across. Right now, Huangding International has 11 pieces of total exposure. Two will be my starting point. Exposure.1 Withdrawal Scam ClassificationWithdrawal Scam DateDecember 14th,2019 Post CountryHong Kong,China The client claimed the site is a scam since it is finding excuses to postpone handling a $96,000 withdrawal and demanding a 50% profit.You could go to: https://www.wikifx.com/en/comments/detail/201912144962998508.html Exposure.2 Account frozen ClassificationAccount frozen DateOctober 9th,2019 Post CountryHong Kong,China Using threats and dishonesty to drive deposits and block withdrawals when profits were generated, the client claimed the scam forex platform froze their account, therefore prohibiting withdrawals and deducted 454,147 yuan.You could visit: https://www.wikifx.com/en/comments/detail/208102116209847.html

Rating Index

How to login to HS?
hs Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a hs Account Registering for an hs account is a straightforward process that allows you to access a variety of services and features. Follow these detailed steps to su

  

Hs Forex Broker - Complete Information Guide

  

1. Broker Overview

  Hs Broker, established in 2017, is a financial services company that primarily focuses on the trading of various financial instruments. The company is registered under Cap Zone Invest Ltd, with its headquarters located in Hong Kong. Hs Broker operates as a private entity, catering to a diverse clientele that includes retail traders, institutional investors, and individuals seeking to engage in the forex market.

  Since its inception, Hs Broker has made significant strides in the financial sector, aiming to provide comprehensive trading solutions. The broker offers a wide range of services, including forex trading, indices, stocks, bonds, binary options, and commodities. Over the years, Hs Broker has positioned itself as a competitive player in the brokerage industry, striving to enhance the trading experience for its clients.

  The company operates under a business model that emphasizes retail forex trading, while also providing institutional services. With a focus on education and training, Hs Broker offers resources for novice traders to familiarize themselves with the financial markets. The broker's commitment to client support and educational resources has been a critical aspect of its growth and development.

  

2. Regulatory and Compliance Information

  Despite its operational history, Hs Broker does not possess a formal regulatory license, which raises concerns regarding its compliance status. The broker is owned by Cap Zone Invest Ltd, registered in the Marshall Islands, but lacks oversight from recognized financial authorities. This absence of regulation can pose risks to investors, as they may not have the same protections afforded by licensed brokers.

  The lack of a regulatory number and the absence of a clear legal entity in various regions further complicate the broker's compliance profile. Hs Broker does not participate in any investor compensation schemes, which is a common safety net for traders in the event of broker insolvency. The broker claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, but the lack of independent verification makes it difficult to assess the efficacy of these measures.

  Clients should exercise caution when engaging with Hs Broker, given the potential risks associated with trading through an unregulated entity. The broker's policies regarding client fund segregation and overall transparency remain unclear, adding an additional layer of concern for prospective investors.

  

3. Trading Products and Services

  Hs Broker offers a diverse array of trading products, catering to various market interests. The broker provides access to over 50 forex currency pairs, including major, minor, and exotic currencies. This extensive selection allows traders to capitalize on a wide range of market opportunities.

  In addition to forex trading, Hs Broker offers Contracts for Difference (CFDs) across several asset classes, including indices, commodities, stocks, and cryptocurrencies. The broker continuously updates its product offerings to reflect market trends, ensuring that clients have access to the latest trading opportunities.

  Retail trading services are complemented by tailored solutions for institutional clients, which may include liquidity provision and white-label solutions. Hs Broker also provides asset management services for clients looking for professional management of their investment portfolios.

  The broker's commitment to innovation is evident in its regular updates to trading products, responding to emerging market demands and technological advancements. This proactive approach positions Hs Broker as a versatile trading partner for both retail and institutional clients.

  

4. Trading Platforms and Technology

  Hs Broker utilizes the widely recognized MetaTrader 4 (MT4) platform, known for its user-friendly interface and robust trading capabilities. The MT4 platform allows traders to execute trades efficiently, access advanced charting tools, and utilize automated trading strategies through Expert Advisors (EAs).

  In addition to MT4, Hs Broker has developed a proprietary trading platform that offers enhanced features tailored to the needs of its clients. This platform is designed to provide seamless access to various financial instruments, along with real-time market data and analytics.

  For traders on the go, Hs Broker provides mobile applications compatible with both iOS and Android devices. These applications enable clients to manage their accounts, execute trades, and monitor market conditions from anywhere, ensuring that they remain connected to the financial markets at all times.

  The broker operates on a No Dealing Desk (NDD) execution model, which facilitates direct market access and enhances order execution speed. Hs Broker's infrastructure is supported by reliable server locations, ensuring minimal latency and optimal performance for traders.

  Moreover, the broker offers API access for clients interested in automated trading solutions, allowing for the integration of third-party trading systems and strategies. This flexibility caters to a wide range of trading styles and preferences.

  

5. Account Types and Trading Conditions

  Hs Broker provides several account types to accommodate the diverse needs of its clients. The minimum deposit for all account types is set at $250, which is a competitive entry point for new traders.

  The broker offers five different account types, each with varying features and benefits. Standard accounts typically offer fixed or floating spreads, while premium accounts may provide lower spreads and additional trading benefits.

  Clients can choose between fixed and floating spreads, with the minimum lot size starting at 0.01. The maximum leverage offered by Hs Broker is 1:400, allowing traders to amplify their market exposure.

  The broker also provides a demo account for users to practice trading strategies without risking real capital. This feature is particularly beneficial for novice traders seeking to gain experience before transitioning to live trading.

  Overnight fees are applicable, and clients should review the broker's policies regarding swap rates and other associated costs. Hs Broker aims to maintain transparent trading conditions, although potential clients are encouraged to conduct thorough research before opening an account.

  

6. Fund Management

  Hs Broker supports a variety of deposit methods for clients looking to fund their trading accounts. Accepted payment methods include bank transfers, credit cards, and e-wallets such as Skrill.

  The minimum deposit requirement varies depending on the account type, but generally, it starts at $250. Deposits are processed promptly, with most transactions completed within a few hours. However, specific processing times may vary based on the chosen payment method.

  While there are no explicit deposit fees listed, clients should verify any potential charges with their payment providers.

  For withdrawals, Hs Broker allows clients to use the same methods as deposits. Withdrawal processing times may take several business days, and fees may apply depending on the method chosen. Clients should consult the broker's terms regarding withdrawal limits and fees to avoid any unexpected charges.

  

7. Customer Support and Educational Resources

  Hs Broker prioritizes customer support, offering multiple channels for clients to seek assistance. Support is available via telephone, email, online chat, and social media, ensuring clients can reach out through their preferred method.

  The broker operates during regular business hours, providing support across various time zones to accommodate its global clientele. Hs Broker offers multilingual support, catering to clients in English, Russian, Portuguese, Spanish, Italian, and French.

  In terms of educational resources, Hs Broker provides a wealth of materials designed to enhance traders' knowledge and skills. These resources include webinars, tutorials, and e-books, covering various aspects of trading and market analysis.

  Additionally, Hs Broker offers market analysis services, providing clients with daily insights, news updates, and research reports to help them make informed trading decisions. The broker also provides trading tools such as calculators and economic calendars to assist clients in their trading endeavors.

  

8. Regional Coverage and Restrictions

  Hs Broker serves a broad market, with a focus on clients in Asia, Europe, and North America. The broker has established a presence in various regions, though specific office locations are not disclosed.

  However, Hs Broker does not accept clients from certain countries, which may include regions with strict regulatory frameworks or those on sanctions lists. Prospective clients should verify their eligibility based on their country of residence before attempting to open an account.

  Certain restrictions may apply to clients based on local laws and regulations, and Hs Broker encourages transparency regarding these limitations.

  In conclusion, Hs Broker presents itself as a viable option for traders seeking a diverse range of financial products and services. However, potential clients should conduct thorough due diligence, particularly regarding the broker's regulatory status and compliance measures, before engaging in trading activities.

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Latest Reviews

FX3990397496

FX3990397496

Hong Kong

The 96000 withdrawal is unavailable. The platform finds grinding excuses to escape it and claims that a 50% margin is needed for withdrawal. Scam.

Exposure

2019-12-14

FX1595065549

FX1595065549

Hong Kong

The scam forex platform customer service personnel suspended my account. I can only deposit money in and can’t withdraw it. The balance was deducted 454,147 yuan, but I still can’t withdraw money. First, they let you lose money, then prevent me withdrawing money when I gained profits. They threaten, induce and cheat me.

Exposure

2019-10-09

HS Forex Broker has an overall rating of 1.59, Regulatory Index 0.00, License Index 0.00, Business Index 7.64, Software Index 4.00 Risk Control Index 0.00.