HubuFX Forex Broker

Note: HubuFX's official website https://hubufx.com/ is currently inaccessible normally.HubuFXReview SummaryFounded2023Registered Country/RegionUkraineRegulationNo regulationMarket InstrumentsForex (60+), Cryptos (5+), and Commodities (20+)Demo Account/LeverageUp to 1:400Spread/Trading PlatformWebTrader, MobileTraderMin Deposit$1Customer SupportTel: +380 98 008 9218Email: contact@hubufx.com HubuFX is a forex and CFD broker founded in 2023. They offer trading on forex, cryptocurrencies, and commodities. The minimum deposit to open an account is $1 and the leverage is up to 1:400. However, HubuFX is not regulated by any financial authority.Pros and ConsPros Cons Low minimum depositLack regulationNewcomer statusInaccessible websiteNo MT4/5Is HubuFX Legit? HubuFX is not regulated by the financial services regulatory authority in Ukraine, which means that the company lacks regulation from its registration site.What Can I Trade on HubuFX? On HubuFX, customers can trade forex, cryptos, and commodities.Tradable Instruments Supported Forex✔Commodities✔Cryptocurrencies✔Indices❌Stocks❌Bonds❌Options❌ETFs❌Leverage On HubuFX, the leverage can be up to 1:400. High leverage may bring higher risks, so careful considerations are recommended.Trading Platform Two platforms are available in HubuFX: WebTrader and MobileTrader.Trading PlatformSupported Available Devices Suitable for WebTrader✔Web/MobileTrader✔Mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal HubuFX enables customers to deposit and withdraw their assets only through cryptocurrencies. Other popular payment options like bank transfers, Visa, MasterCard, skrill and Neteller are not supported.