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HYANB Group

United Kingdom|1-2 years|
Self-developed|

https://hyanbfx.com

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Contact

info@hyanbglobal.email
https://hyanbfx.com
  • The claim standard per customer is 2000 dollars

    IAP · Legal aid B

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HYANB Group · Company Summary

HYANB Group Review Summary
Company Name HYANB GROUP LIMITED
Founded 2000
Registered Country/Region United Kingdom
Regulation NFA (Unauthorized)
Market Instruments Stocks, Futures, Crude Oil, Gold, Bitcoin, Currencies, etc.
Demo Account Available
Leverage 1:400
Spread Start from 0.0 pips
Commission N/A
Trading Platforms All-In-One CFD Trading Platform
Minimum Deposit N/A
Customer Support Email: info@hyanbglobal.email

What is HYANB Group?

HYANB Group Limited is a company established in 2000 and is currently registered in the United Kingdom. Despite being regulated, there are indications that it might be unauthorized which necessitates caution. As always, it is important to carry out thorough research before engaging in business with any financial institution.

HYANB Group's homepage

Pros & Cons

Pros Cons
  • Demo Account Available
  • Unauthorized Regulation
  • High Leverage
  • Limited Customer Service
  • Low Spread
  • Limited Customer Service

Pros

  • Demo Account Available: HYANB Group provides a demo account. This allows new traders to practice and understand the trading environment before trading with real money.

  • High Leverage: HYANB Group offers a high leverage of up to 1:400. This allows traders to trade a larger position size with a smaller deposit.

  • Low Spread: The company provides competitive spreads starting from 0 pips. This means that the cost for traders to enter a trade could be relatively low.

Cons

  • Unauthorized Regulation: Despite having a license, HYANB Group is still unauthorized according to the National Futures Association. This could be a potential risk for investors as the regulatory oversight might be inadequate.

  • Limited Customer Service: The level of customer service offered by HYANB Group is very limited because they only provide support via email.

Is HYANB Group Safe or Scam?

  • Regulatory Sight: HYANB Group falls under the scrutiny of the National Futures Association, yet it currently holds an “unauthorized” status. It was issued a Common Financial Service License with the number 0559482 by the United States. However, its current lack of authorization suggests that it isn't operating in accordance with the regulatory standards of the institution. Therefore, potential clients are advised to exercise caution when dealing with HYANB Group.

unauthorized NFA license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: HYANB Group takes various measures to ensure the safety and security of client funds. They comply with the US Financial Instruments Market Regulations, and client funds are segregated from company assets and held separately to ensure they are not used to pay off creditors or cover company expenses. They also operate their bank accounts under U.S. financial institutions for added safety. Additionally, they have provisions for an Investment Compensation Fund (ICF) that will provide compensation to clients in the unfortunate event of company bankruptcy or a failure to meet commitments. The compensation value would be based on the client's general statement level.

Market Instruments

HYANB Group offers a range of market instruments for their clients to trade with. These include Stocks, which are shares in the ownership of a company; Futures, which are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset; Crude Oil and Gold, that are commodities; Bitcoin, a type of digital currency; and various Currencies or Forex trading. This wide variety offers traders many opportunities to diversify their investment strategies based on their market knowledge and preferences.

Account Types

HYANB Group offers two types of accounts to its clients. The first is a Demo account, which allows users to practice trades with virtual money. It's designed for those who are looking to gain experience in trading before handling actual funds. The second type of account is the Real fund account, which is for actual trading with real money. This type of account is for traders who are comfortable with trading and want to earn real profits.

Account Types

Leverage

HYANB Group offers a high leverage of up to 1:400. This means that traders can trade up to 400 times their initial deposit. High leverage can provide the potential for higher profits, but it also comes with a high risk, as losses can also be multiplied. It is therefore important for traders to manage their risk properly when trading with such high leverage.

Spread & Commissions

HYANB Group provides a starting spread of 0.0 pips, promising traders competitively low transaction costs. However, it's worth noting that there is no explicit information about the commission charges on the official website. This could mean potential hidden fees not immediately apparent to traders. Therefore, clients should exercise caution and seek clarity about these charges to avoid any unexpected costs.

Trading Platform

HYANB Group offers an All-In-One CFD Trading Platform that is accessible via both PC and Mobile. This platform provides a flexible system with multiple account types to suit different traders' needs. Offering comprehensive trading capabilities, it allows clients to trade CFD contracts around the clock through a unique and proprietary composite index that imitates real market movements. Clients can trade in forex, commodities, and cryptocurrencies in both standard and microtransactions. It supports high-leverage trading for a wide range of currency pairs. The platform operates on the Financial STP model, indicating direct processing of trades which supports major, and minor trades as well as markets with smaller spreads that have seen a surge in trade volume.

All-In-One CFD Trading Platform

Conclusion

HYANB Group offers an array of financial services including a wide variety of market instruments and high leverage. However, its current unauthorized status, hidden fees, and limited customer support necessitate extra caution and thorough research from potential clients.

Frequently Asked Questions (FAQs)

Q: Is a demo account available on HYANB Group?

A: Yes, they do provide a demo account for users.

Q: What leverage does HYANB Group provide?

A: HYANB Group offers a high leverage of up to 1:400.

Q: Is HYANB Group Regulated?

A: HYANB Group falls under the scrutiny of the National Futures Association, yet it currently holds an “unauthorized” status.

Q: What customer support does HYANB Group offer?

A: Limited customer support is offered via email: info@hyanbglobal.email.

Q: What trading platform does HYANB Group use?

A: HYANB Group uses an All-In-One CFD Trading Platform that is accessible via both PC and Mobile.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

HYANB GROUP LIMITED

Company Abbreviation

HYANB Group

Regulatory Status

General Registration

Platform registered country and region

United Kingdom

Phone of the company

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Customer Service Email Address
  • info@hyanbglobal.email

Company Summary

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