Global Forex Broker Regulatory Inquiry APP

Score

1.38 /10
Danger

HTFOX

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 5

Exposure

Time Machine
Website

Score

License Index 0.00
Business Index 6.03
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

HTFOX FINANCIAL USA INC

Company Abbreviation

HTFOX

Platform registered country and region

United States

Company website

Twitter

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Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2023-06-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0487359) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
HTFOX · Company summary

Note: Since HTFOXs official site (https://www.htfox.us/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

HTFOX, full name is HTFOX FINANCIAL USA INC, was allegedly formed on the 30th of April in 2021 as a business corporation registered with the Colorado Department of State (CDOS) in the USA, claiming to provide its clients with a variety of financial instruments on the worlds most widely-used MeatTrader4 and MetaTrader5 platforms.

Market Instruments

HTFOX advertises that it offers more than 250 trading instruments in financial markets, which include but are not limited to futures hedging, global forex, cryptocurrencies of Bitcoin, commodities, stock indices, stock CFD, precious metals like gold, energy, oil and digital currencies.

Trading Platform Available

When it comes to trading platforms available,HTFOX gives traders the worlds most trusted and popular MeatTrader4 and MetaTrader5 platforms. MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.

Customer Support

You can also follow HTFOX on some social media platforms like Facebook and Twitter. Company address: Business Physical Address:6547 N Academy Blvd #2266, Colorado Springs, CO 80918. However, this broker doesnt disclose other more direct contact information like telephone numbers or email while most brokers offer.

User Reviews

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6

Comments

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bmalsha
3-6months
This website mtfe is now running
2023-03-01 22:28
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若愚35455
more than one year
Trading with HTFOX was very terrible. I met serious issues like slippage and requoting, but customer support staff denied it and said it was due to the market volatility. Funny, isn’t it?
2023-02-27 11:38
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0
0
那雷(外汇经纪人)
more than one year
Let me tell you what kind of broker this HTFOX is: It claimed to be regulated by NFA, and then froze my accounts quickly after I made a deposit. No one gave me explanation, customer support, account manager…
2023-02-16 17:56
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0
0
Mr.Wang53872
more than one year
I lost all my money... They tricked me into putting in $500, and I made another $2,480. As a result, I could not withdraw any money. Now all I want is to get my principal back. They're in hiding, websites are down, customer service is lost, and what they do is just like other scam brokers.
2022-12-01 14:42
1
0
0
晨光曦阳
more than one year
They already approved my withdrawal request, on 22 October. However, I still haven’t received any money in my bank account. They are totally liars! Customer support is also terrible, and they are even not responding you…
2022-12-01 14:21
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0
0
5
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