Huash Invest, established in 2022, is a forex broker that operates primarily in China. The company is privately held and caters to retail clients interested in forex trading and other financial instruments. The main office is located in China, where it aims to provide a comprehensive trading experience for its users.
The development of Huash Invest has been marked by its focus on delivering a user-friendly trading platform and a variety of trading products. However, the company has faced scrutiny regarding its regulatory status, with reports indicating that it may operate as a suspicious clone of other established brokers. This raises concerns about its legitimacy and the safety of client funds.
The business model of Huash Invest includes offering retail forex trading services, but it has also been noted for its potential involvement in high-risk investment schemes. As a broker, Huash Invest aims to provide a platform for traders to access various financial markets, including forex, CFDs, and commodities.
This initial introduction sets the stage for a deeper exploration into the various aspects of the Huash Invest broker, including its regulatory compliance, trading products, technology, account types, and customer support.
Huash Invest operates under a suspicious regulatory status, as indicated by various sources. The primary regulatory bodies that oversee forex brokers include:
However, it has been reported that Huash Invest is a suspicious clone, lacking proper licensing and regulatory oversight. This raises significant concerns about the safety and security of client funds.
The regulatory licenses associated with Huash Invest are questionable, as there are no valid regulatory numbers provided for verification. The broker's operations might be limited due to its ambiguous legal status, and clients should be cautious when engaging with it.
Huash Invest claims to implement a client fund segregation policy, which is a standard practice among reputable brokers. However, the effectiveness of this policy cannot be verified due to the broker's dubious standing. Additionally, it appears that Huash Invest does not participate in any investor compensation schemes, which further heightens the risk for clients.
To comply with regulatory standards, Huash Invest is expected to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. However, the lack of transparency in its operations raises questions about the enforcement of these policies.
Huash Invest offers a range of trading products, primarily focusing on forex trading. The broker provides access to various currency pairs, including major, minor, and exotic pairs. While the exact number of forex pairs available is not specified, it is essential for traders to assess the offerings before engaging.
In addition to forex, Huash Invest also provides Contracts for Difference (CFDs) on various asset classes, including:
The availability of these products may vary, and the broker is expected to update its offerings regularly to meet market demands. However, the frequency and nature of these updates are not clearly defined.
For retail trading services, Huash Invest aims to provide a competitive trading environment. The broker may also cater to institutional clients, although specific details regarding institutional services are scarce.
There are no indications of white-label solutions or asset management services being offered by Huash Invest at this time. Potential clients should be aware of the risks associated with trading with a broker that has raised red flags in terms of regulatory compliance.
Huash Invest supports the widely used MetaTrader 4 (MT4) platform, which is favored by many traders for its robust features and user-friendly interface. The availability of MetaTrader 5 (MT5) is not confirmed, which could limit trading options for some users.
The broker may also offer a proprietary trading platform, although specific details regarding its features and functionality are not provided. This could impact traders who prefer custom-built solutions tailored to their trading strategies.
In addition to desktop platforms, Huash Invest is expected to provide a web-based trading interface, allowing users to trade directly from their browsers. The availability of mobile applications for both iOS and Android devices is also crucial for traders seeking flexibility in their trading activities.
The execution model employed by Huash Invest is not explicitly stated, but it is essential for traders to understand whether the broker operates on an ECN, STP, or Market Making model. The choice of execution model can significantly affect trading conditions and costs.
Huash Invest's technical infrastructure, including server locations and overall technology stack, remains unclear. This lack of information may raise concerns regarding the broker's reliability and performance during high-volatility trading periods.
API access and automated trading support are critical features for advanced traders. However, specific details regarding these capabilities are not available, which could limit options for algorithmic trading.
Huash Invest offers various account types to cater to different trading needs. The standard account conditions include:
In addition to standard accounts, Huash Invest may offer advanced account types, including VIP and professional accounts. These accounts typically come with enhanced features and lower trading costs but require higher minimum deposits.
Specialty accounts, such as Islamic accounts, may also be available, although details are not clearly outlined. The existence of corporate accounts is not confirmed.
The broker's policy on demo accounts is essential for traders looking to practice their strategies. However, specific details regarding the availability and features of demo accounts are not mentioned.
Leverage ratios offered by Huash Invest are not clearly defined, and this information is crucial for traders to understand their risk exposure. Additionally, the minimum trade sizes and overnight fees are not specified, which can impact trading strategies and costs.
Huash Invest supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, specific details regarding the minimum deposit requirements for different account types are not provided, which may affect new traders.
The processing time for deposits is crucial for traders looking to start trading quickly. Unfortunately, this information is not available, making it challenging to assess the broker's efficiency in handling transactions.
Fees associated with deposits and withdrawals are also essential to consider. However, Huash Invest does not provide clear information on deposit fees, which could impact the overall trading costs.
Withdrawal methods and any associated restrictions are not explicitly stated. The processing time for withdrawals is also unclear, which can lead to uncertainty for clients seeking timely access to their funds.
The fee structure for withdrawals remains unspecified, and this lack of transparency may deter potential clients from engaging with the broker.
Huash Invest offers multiple support channels, including phone, email, live chat, and social media. However, the availability and responsiveness of these support channels are not detailed, which is crucial for traders needing assistance.
The service hours and time zone coverage are not specified, making it difficult for clients in different regions to gauge the availability of support.
Multilingual support is essential for a global client base. However, the languages supported by Huash Invest are not mentioned, which may limit accessibility for non-English speaking clients.
Educational resources are vital for traders looking to improve their skills. Huash Invest may offer webinars, tutorials, and e-books, but specific details regarding the types and availability of these resources are not provided.
Market analysis services, including daily analysis, news updates, and research reports, are important for informed trading decisions. However, Huash Invest does not clearly outline the availability of these services.
Trading tools, such as calculators, calendars, and signal services, are essential for traders. The availability of these tools on the Huash Invest platform remains unclear.
Huash Invest primarily serves the Chinese market, although it may have a broader reach depending on its operational capabilities. The specific regions where the broker operates are not detailed, which could impact potential clients' decisions.
The distribution of regional offices is not provided, making it difficult to assess the broker's global presence.
Certain countries or regions may be restricted from accessing Huash Invest's services. However, the specific countries where clients are not accepted are not mentioned, which is crucial for compliance with international regulations.
Special restrictions may apply based on local laws and regulations, but detailed information on these limitations is not provided, leaving potential clients in the dark regarding their eligibility to trade with Huash Invest.
In conclusion, while Huash Invest presents itself as a forex broker with a range of trading products and services, potential clients should exercise caution due to its questionable regulatory status and lack of transparency in many operational aspects. It is advisable for traders to conduct thorough research and consider the risks before engaging with the Huash Invest broker.
FX6805868562
Hong Kong
The account cannot be logged in and cannot be operated. Luckily there was no money in it. The software is updated frequently, and it used to be the Hengxin Precious Metal platform. Can I get my lost money back?
Exposure
2022-06-23