Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

Flying Hummingbird

United Kingdom|2-5 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 White Label|Chinese market only|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://www.fhbinvest.com/en/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
FlyingHummingbird-Live MT5
Server Location Hong Kong

Contact

400-888-8888
support@fhbinvest.com
https://www.fhbinvest.com/en/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

400-888-8888

Broker Information

More

Company Name

Flying Hummingbird Co.,limited

Company Abbreviation

Flying Hummingbird

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0538570) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

Users who viewed Flying Hummingbird also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

VT Markets

8.63
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FXCM

9.46
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

STARTRADER

8.53
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website
Pyramid scheme complaint
Expose

Flying Hummingbird · Company Summary

Note: It is currently difficult to obtain accurate information about Flying Hummingbird due to their official website- https://www.fhbinvest.com/en/ being non-functional. Without access to the website, it is challenging to gather precise details about the broker's operations, and we had to rely on available online sources to provide a general overview.

Flying Hummingbird Review Summary
Founded 2-5 years
Registered Country/Region United Kingdom
Regulation NFA (Unauthorized)
Market Instruments 50+ currency pairs, indices, gold, commodities
Demo Account Unavailable
Leverage 1:500
Trading Platforms MT5
Spreads 2.5 pips
Minimum Deposit $250
Customer Support N/A

What is Flying Hummingbird?

Flying Hummingbird, an online forex and CFD broker, claims to offer access to over 50 currency pairs and other trading instruments. However, it is not a legitimate broker, as they falsely claim to be regulated and exceed the business scope regulated by United States NFA.

Flying Hummingbird

In the forthcoming article, we will assess and analyze the broker's attributes from various angles, providing you with well-organized and precise information. If you have any questions or are curious, we invite you to keep reading. As we conclude the article, we will offer a concise summary, helping you to easily grasp the broker's characteristics.

Pros & Cons

Pros Cons
  • MT5 supported
  • Website is unavailable
  • NFA (Unauthorized)

Pros:

- MT5 supported: Flying Hummingbird supports the MetaTrader 5 (MT5) trading platform, which is known for its advanced features and tools for trading.

Cons:

- Website is unavailable: One significant drawback is that the official website of Flying Hummingbird is currently non-functional, making it difficult for users to access important information and carry out necessary tasks.

- NFA (Unauthorized): The National Futures Association (NFA) has unauthorized Flying Hummingbird, indicating that the broker may not be regulated or comply with the necessary regulations to provide financial services. This can raise concerns about the broker's credibility and the safety of investments.

Is Flying Hummingbird Safe or Scam?

Flying Hummingbird is not regulated properly by the United States National Futures Association (NFA) and does not have the necessary license to operate in the forex market. This lack of regulation means that there is no oversight from governmental or financial authorities.

unauthorizedNFA license

Furthermore, the fact that their official website is currently unavailable adds to the concerns about the reliability of the trading platform. These factors contribute to a higher level of risk when considering investing with Flying Hummingbird. It is crucial to thoroughly research and carefully assess the potential risks and rewards before making a decision. Generally, it is recommended to choose brokers that are well-regulated to ensure the safety of your funds.

Market Instruments

Flying Hummingbird offers a diverse range of trading instruments across various asset classes. These instruments include:

- Currency Pairs: Flying Hummingbird provides access to over 50 currency pairs, allowing traders to participate in the forex market and engage in currency trading. This includes major currency pairs such as EUR/USD, USD/JPY, and GBP/USD, as well as minor and exotic currency pairs.

- Indices: The platform enables trading on a selection of global indices, which represent the performance of specific stock markets. Traders can speculate on the price movements of indices like the S&P 500, FTSE 100, and Nikkei 225.

- Gold: Flying Hummingbird allows traders to trade the precious metal, gold. Gold is considered a safe-haven asset and is often used as a hedge against inflation or market uncertainties. Traders can take advantage of price fluctuations in the gold market.

- Commodities: The platform offers trading opportunities in various commodities, including oil, natural gas, agricultural products, and metals. Traders can speculate on the price movements of commodities and potentially benefit from volatility in these markets.

Leverage

Flying Hummingbird provides a maximum leverage of 1:500, which is a significant amount of borrowing power that allows traders to amplify their trading position. Leverage essentially enables traders to trade larger volumes than their account balance would otherwise allow.

For example, if a trader has $1000 in their account and uses 1:500 leverage, they can potentially trade up to $500,000 worth of a particular financial instrument. This means that any profits or losses would be based on the total value of the trade, rather than just their initial investment. As a result, high leverage can potentially lead to high returns, assuming that traders make the right trading decisions.

However, it is important to note that while leverage can enhance returns, it can also significantly increase the level of risk taken by traders. Any losses incurred can be amplified by the amount of leverage used. Therefore, it is crucial for traders to consider the potential risks associated with high leverage and to use it with caution.

Trading Platform

Flying Hummingbird provides the MetaTrader 5 (MT5) trading platform. MT5 is a powerful and popular trading platform that offers a wide range of features and tools for traders. It allows users to trade various financial instruments such as currencies, stocks, commodities, and more.

MT5 offers advanced charting capabilities, technical analysis tools, and a variety of built-in indicators that can assist traders in making informed trading decisions. The platform also supports automated trading through the use of expert advisors (EAs) and allows for the implementation of various trading strategies.

MT5

Deposits & Withdrawals

Flying Hummingbird offers its clients a range of deposit and withdrawal options, including Visa and Mastercard. When it comes to making a deposit, clients can select Visa or Mastercard as their preferred payment method within the Flying Hummingbird platform. They can enter the deposit amount and proceed to securely enter their card details. Flying Hummingbird accepts deposits in various currencies, and the deposited funds are typically credited to the client's trading account within a few minutes.

User Exposure on WikiFX

Our website displays reports of users being unable to withdraw funds and experiencing scams, highlighting the risks involved in trading on an unregulated platform. Before engaging in any trading activities, it is advisable to visit our platform and gather information. If you have come across fraudulent brokers or have personally been a victim, we encourage you to share your experience in the Exposure section. We greatly appreciate your contribution, and our team of experts will make every effort to address the issue and assist you in resolving any problems.

User Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: 400-888-8888

Email: support@fhbinvest.com

Conclusion

It can be concluded that Flying Hummingbird is not a legitimate broker. They falsely claim to be regulated, when in fact they exceed the business scope regulated by United States NFA. As a result, there is no governmental or financial authority supervising their activities. Additionally, their website is inaccessible, raising concerns about the reliability of their trading platform. There have been reports of customers being unable to withdraw funds and instances of scams associated with this broker. Due to the lack of proper regulation and the associated risks, it is not recommended to invest with Flying Hummingbird.

Frequently Asked Questions (FAQs)

Q 1: Is Flying Hummingbird regulated?
A 1: No. Flying Hummingbird is not regulated.
Q 2: Does Flying Hummingbird offer demo accounts?
A 2: No.
Q 3: What platform does Flying Hummingbird offer?
A 3: It supports MT5.

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.

News

Flying hummingbird (non FCA regulated broker)

NewsFlying hummingbird (non FCA regulated broker)

2021-12-13 16:17

Biggest sign of his/her scam

WikiFX
2021-12-13 16:17
News
Flying hummingbird (non FCA regulated broker)

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

鼎山林钟
more than one year
This so called Flying Hummingbird company is a scammer! The experience of trading with them was so frustrating. I really don't know why I fell into such a foreign exchange trap so stupidly. All in all I have given up hope of getting my money back, but I will always remember these experiences.
2023-03-15 15:53
Reply
0
0
គូពិសាល
more than one year
We are one
2022-11-01 17:36
Reply
0
1
4
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com