HCFX

General Information & Regulation

Founded in 2017, HC Group is a broker, headquartered in New Zealand, providing financial derivatives, including foreign exchange, precious metals, CFDs, and other trading services.

Market Instruments

HCFX offers investors access to tradable instruments in the financial markets, including major currency pairs, minor currency pairs, exotic currency pairs, gold, stock indices, and crude oil.

Minimum Deposit

When it comes to minimum initial deposit requirement for traders to start trading, HCFX doesn't make this clear.

HCFX Leverage

Trading leverage varies depending on particular instruments. The leverage is from 1:25 to 1:100 for straight currency pairs, 1:50 for other currencies, 1:50 for gold and stock index products, and 1:50 for crude oil.

Spreads & Commissions

The average spread is 2 pips for EURUSD, 2 pips for GBPUSD, 4 pips for USDCAD, 13 pips for USDGold, 100 pips for EUSTX50, 150 pips for GER30, 350 pips for Hang Seng 50, and 38 pips for Brent Crude Oil. The average spread is 38 pips. The trading commission is 0.0036% of the contract value (per side).

Trading Platform

HCFX offers traders the MetaTrader5 trading platform, the world's most popular online trading terminal and an important trading tool for investors in all online financial markets. With HCFX's superior trade execution and the most competitive spread quotes, traders can trade over 100 Forex and CFD products directly with the international markets on the MT5 trading platform. Moreover, it also supports the ability to create EA Intelligent Trading System programs in the MQL language, allowing traders to customize and manage a wide range of trades easily.

Deposit & Withdrawal

As HCFX's online payment system is undergoing maintenance, a specific recovery time has not yet been set due to the complexity of the fix. During this time, traders can only deposit funds via wire transfer. There are no strict rules on deposit amounts, but for the safety of the investor's account and to save some transfer costs, the recommended minimum deposit amount is $3000. For the first withdrawal of each trading account per month, HCFX will pay the remitter's commission (approximately $13), and from the second withdrawal onwards, HCFX will not be liable for this fee, which will be deducted from the traders' withdrawal amount.