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Han Ba

United States|Within 1 year|
Regulated in United States|Crypto-Licence|Suspicious Scope of Business|United States Common Financial Service License Unauthorized|Suspicious Overrun|Medium potential risk|

https://hanbaltd.com/en/index

Website

Rating Index

Contact

support@hanbaltd.com
https://hanbaltd.com/en/index
96 WADSWORTH BLVD NUM 127-3255 LAKEWOOD, CO 800226 U.S.A

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

Han Ba Ltd

Company Abbreviation

Han Ba

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 3
Previous Detection : 2024-03-04
  • United StatesNFA (license number: 0558987) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0558987)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

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Han Ba · Company Summary

Note: Han Ba's official site - https://hanbaltd.com/en/indexis currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Han Ba Review Summary
Company Name Han Ba Ltd
Registered Country/Region United States
Regulation NFA (Unauthorized)
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Commission N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Email: support@hanbaltd.com
Company Address 96 WADSWORTH BLVD NUM 127-3255 LAKEWOOD, CO 800226 U.S.A

What is Han Ba?

Han Ba Ltd, based in the United States, operates without proper authorization from the National Futures Association (NFA), indicating a lack of regulatory oversight. As an unauthorized entity, potential clients are advised to exercise caution and conduct thorough due diligence before engaging in any financial transactions with Han Ba Ltd.

Han Ba

Pros & Cons

Pros Cons
N/A
  • Unauthorized NFA Regulation
  • Dead Website
  • No Trading Software
  • Limited Customer Service
  • Lack of Info on Trading Conditions

Cons:

Unauthorized NFA Regulation: The company operates without proper authorization from the National Futures Association (NFA), raising concerns about regulatory compliance and client protection.

Dead Website: The website is non-functional, which is a red flag for potential clients looking for reliable and up-to-date information.

No Trading Software: The absence of trading software suggests a lack of a trading platform, limiting clients' ability to execute trades efficiently.

Limited Customer Service: Customer service is limited to email communication(support@hanbaltd.com), potentially causing delays in issue resolution and lacking the immediacy of real-time support.

Lack of Info on Trading Conditions: Important details such as leverage, available market instruments, spread, commission structure, and minimum deposit requirements can not be found due to the dead website, resulting in a lack of transparency about the trading conditions.

Is Han Ba Safe or Scam?

  • Regulatory Sight: The regulatory status of Han Ba is currently categorized as “Unauthorized” by the National Futures Association (NFA). Han Ba holds a Common Financial Service License, and the regulatory oversight is claimed to be under the United States. The license number provided is 0558987. Traders and investors should exercise caution when dealing with unauthorized entities, as it poses risks to their investments and financial transactions.

unauthorized NFA license
  • User Feedback: The user feedback for Han Ba indicates that the platform made an offer of a free stock book and recommended signing up for a bank account and opening a foreign exchange account through a suggested website. The user followed the recommendation and opened a UF JPRO account through KakaoTalk. The mention of a free stock book and the process of opening a foreign exchange account suggests a promotional or marketing aspect. Still, further information is needed to assess the user's overall satisfaction or concerns with Han Ba, but users should be more cautious about this broker.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Customer Support

Han Ba's customer support is provided exclusively through email, with the designated email address being support@hanbaltd.com. This limited customer service channel presents challenges for users who prefer or require real-time assistance or have urgent inquiries. Additionally, the company's physical address is listed as 96 WADSWORTH BLVD NUM 127-3255, LAKEWOOD, CO 800226, U.S.A. However, the absence of other contact options, such as phone support, impacts the accessibility and responsiveness of customer support for users.

Conclusion

Han Ba operates without proper authorization from the National Futures Association (NFA) and lacks a functional website, raising significant concerns about regulatory compliance and transparency. We do not recommend this broker to any user.

Frequently Asked Questions (FAQs)

Q: What is the regulatory status of Han Ba?

A: Han Ba is categorized as “Unauthorized” by the NFA, indicating a lack of regulatory approval and potential risks for traders.

Q: Does Han Ba support MT4 or MT5?

A: No, it supports neither.

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.

User Reviews

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3

Comments

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ANHSHD
more than one year
Han Ba has been a reliable partner for me. Their professionalism and excellent service attitude stood out. Looking forward to a continued collaboration and mutual growth.
2024-01-16 12:21
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Beauchamp
more than one year
Well, shiver me timbers, let's talk about my voyage with Han Ba. The platform is quite easy to navigate, and they've got some handy resources for the fresh sailors. There's a good array of account types, suiting everyone from lads to seasoned captains. As for the spreads and fees, they are reasonably priced, won't plunder your treasure chest. The range of trading instruments also feels a bit like uncharted waters. So, for old seadogs looking for a variety of trades, Han Ba might feel a bit lacking.
2023-12-01 11:46
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0
Stantine
more than one year
The platform is quite easy to navigate, and they've got some handy resources for the fresh sailors. There's a good array of account types, suiting everyone from lads to seasoned captains. As for the spreads and fees, they are reasonably priced, won't plunder your treasure chest.
2023-11-30 17:48
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