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Huigu Limited Forex Broker provides real users with 4 positive reviews, 1 neutral reviews and 2 exposure review!

Huigu Limited Broker Review

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Huigu Limited Review 7

Latest All(7) Positive(4) Neutral(1) Exposure(2)
Neutral

Having been using Huigu Limited for over a year now, and I'm generally pretty satisfied with them. Order executed fast, no big splippage...The only downside , I think, is their customer service can sometimes be a bit slow to respond, but nothing too major.

Sergio878
2024-07-10
Positive
Swift Profit on EUR/USD: Huigu Limited's Speed and Spreads Deliver

Just scalped a quick profit on EUR/USD using Huigu Limited's fast execution speed and tight spreads.

Aoi M., Oita
2024-06-27
Positive

Love the quick setup and zero commission rates. The platform is super responsive, especially on mobile, which is great for trading on the go. Really appreciate the tight spreads too! ღ( ´・ᴗ・` )

TradeMax11
2024-06-21
Exposure
At first, they pretended to be an official exchange and showed me all the licenses and reassured me.

The first time they let me withdraw a small amount, the second time I withdrew 26 million won, they said I had to pay back a cash advance to get a loan, so I had a hard time withdrawing it, but after that, they kept forcing me to put in more investment money, so I was suspicious, so I requested a withdrawal of about 4 million won, but they told me this, which was ridiculous, saying they would only withdraw 20% of the tax. They forced me to withdraw from the investment group room and cut off all contact. I want to get my money back. It feels like they are also manipulating MetaTrader 5 foreign exchange rates. They say they make profits every day, so they force members to keep investing money. Please help me get my money back.

무녕이4329
2024-01-13
Positive
Huigu Forex Broker: Lightning-Fast Trades on a Top-Notch Platform

Where do I even start? Everyone who knows me knows how much I love forex trading. Even so, I stumble upon brokers that leave me frustrated every other day. But, finding the forex broker Huigu? let's talk about their trading platform—absolutely top notch! The seamless performance and user-friendly interface is something to rave about. I never experienced any lagging or technical glitches, which can be a real deal-breaker in fast-paced forex trading. Props to Huigu for maintaining an excellent trading platform. their order executions are as quick as a flash. It’s almost like they knew I had no time for delayed orders. My trades were executed in seconds—I kid you not. No frustrating waits.

Trading gogogo
2023-12-01
Positive
Positive Trading Experience with Huigu: Platform Performance, Support, and Growth Opportunities Outshine Withdrawal Speed Hurdles

The journey with Huigu while not entirely flawless, has thus far been a largely positive one. Be it the excellent platform performance, competitive spread, supportive customer service or the excellent trading signals, Huigu's environment is one that suits both new and seasoned traders alike. And yes, while an improvement in their withdrawal speed would be appreciated in future, it's a minor blip on an otherwise ideal trading landscape. High five to Huigu for the quality package they offer!

Brewster108
2023-11-30
Exposure
Even if I applied for a withdrawal, it was not processed at all.

I had been communicating with a person in charge who called myself "Makoto Ishimura'' since I opened the account, but since I made the withdrawal, I have completely lost contact with him. When I searched online, I found everywhere that I couldn't withdraw money and that it was a fraudulent exchange. I would like to get my balance back somehow.

FX2762802420
2023-11-26

  

Huigu Limited 2025 Review: Everything You Need to Know

  Huigu Limited, an emerging player in the forex brokerage landscape, has garnered significant attention due to its aggressive marketing and purported trading conditions. However, a closer examination reveals a troubling picture regarding its regulatory status and user experiences. This review will delve into the key aspects of Huigu Limited, highlighting both its advantages and potential pitfalls for prospective traders.

  Note: It is essential to recognize that Huigu Limited operates under different entities across regions, which may affect its regulatory compliance and user experiences. Therefore, we have taken a comprehensive approach to ensure fairness and accuracy in this review.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 4
Tools and Resources 3
Customer Service and Support 2
Trading Experience 4
Trustworthiness 1
User Experience 3

  How We Rate Brokers: Our ratings are based on extensive research, user feedback, and expert analysis of the brokerage's offerings and reputation.

  

Broker Overview

  Founded in late 2022, Huigu Limited claims to operate out of the United States, with its registered address at 96 Wadsworth Blvd, Lakewood, Colorado. The broker offers a proprietary web-based trading platform that does not include popular trading software like MT4 or MT5. The available asset classes include forex, commodities, indices, cryptocurrencies, and CFDs. However, Huigu Limited is not regulated by any major financial authority, raising concerns about its legitimacy and the safety of user funds.

  

Detailed Breakdown

  

Regulatory Status

  Huigu Limited operates without any meaningful regulatory oversight. While it claims to have a registration number with the National Futures Association (NFA), it is revealed that it is merely a non-member and not subject to NFA regulations. Moreover, its listing with the Financial Crimes Enforcement Network (FinCEN) does not imply legitimacy or endorsement by any governmental agency. This unregulated status poses significant risks for traders, as there are no legal protections in place for their funds.

  

Deposit/Withdrawal Methods

  The broker does not provide clear information on its deposit and withdrawal processes, which raises red flags. Users have reported difficulties in processing withdrawals, with some stating that their requests were ignored entirely. The minimum deposit requirement is reportedly around $500, which is relatively high compared to other brokers in the industry.

  

Account Types

  Huigu Limited offers a limited number of account types, primarily standard accounts. There is no mention of demo accounts or educational resources to assist new traders. This lack of variety and support can be a deterrent for novice traders looking to build their skills.

  

Costs (Spreads, Fees, Commissions)

  The broker claims to offer spreads as low as 0 pips, but this is often accompanied by hidden fees and commissions that are not transparently disclosed. User experiences suggest that while the platform may advertise low costs, actual trading conditions can be less favorable.

  

Leverage

  Huigu Limited offers high leverage options, reportedly up to 1:500. While this can be attractive for experienced traders looking to maximize their potential profits, it also significantly increases the risk of substantial losses.

  

Trading Platforms

  The broker's proprietary platform lacks the sophistication and reliability of established platforms like MT4 or MT5. Users have expressed concerns about the platform's functionality and the potential for price manipulation, given its opaque rules and limited transparency.

  

Restricted Regions

  Although Huigu Limited operates primarily in the U.S., there are indications that it may cater to international clients as well. This could complicate regulatory compliance and increase risks for users in regions with strict trading laws.

  

Customer Support Languages

  Customer support is another area where Huigu Limited falls short. Users have reported slow response times and limited channels for assistance, primarily relying on email communication. The absence of live chat or phone support makes it challenging for traders to resolve issues promptly.

  

Final Ratings Overview

Category Score (out of 10)
Account Conditions 4
Tools and Resources 3
Customer Service and Support 2
Trading Experience 4
Trustworthiness 1
User Experience 3

  In conclusion, the Huigu Limited review paints a concerning picture for potential traders. The lack of regulatory oversight, coupled with numerous user complaints regarding withdrawal issues and customer support, raises significant red flags. While the broker offers a range of trading instruments and high leverage, these features are overshadowed by the risks associated with unregulated trading environments. Prospective users are strongly advised to conduct thorough research and exercise caution before engaging with Huigu Limited.