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Hedgespots
Regulatory Status
Not RegulatedRegulation & License
Regulatory note: No valid regulatory information found. Proceed with caution.
Score
1.55 /10 Regulation
0.00
License
0.00
Business
7.30
Software
4.00
Risk Control
0.00
Hedgespots Comprehensive Review
Hedgespots exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.55, a Not Regulated status, and a business scope flagged as a Suspicious Operational Region; this broker operates in Bulgaria under the entity Get Promotions LTD with 5-10 years of experience, but it lacks any credible regulatory oversight, presenting severe fund safety risks. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-24)
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Is Hedgespots Safe
Is Hedgespots a Regulated Broker, and Who Supervises Its Operations?
Hedgespots currently lacks any formal financial regulatory oversight. The entity Get Promotions LTD is not licensed to offer forex trading services and is officially classified as operating in a suspicious operational region. While registered in Bulgaria, it holds no authorization from any recognized financial market authority, such as the Financial Supervision Commission (FSC) of Bulgaria. This profile indicates a high-risk status, and investors should verify all company credentials directly with relevant official sources.
How does Hedgespots perform across core safety metrics?
Hedgespots carries a composite score of 1.55, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 4.0, business rating of 7.29, and license rating of 0.0 — showing elevated operational risks and minimal oversight. This composite score aggregates our internal ratings. The regulatory, risk control, and license ratings are critically low. The software rating is mid-range, while the business rating is notably higher. Traders should weigh these dimensions against their individual risk tolerance and priorities.
What are the key highlights of the Hedgespots broker?
Hedgespots provides trading services from Bulgaria with an operational history between 5 and 10 years. Founded as Get Promotions LTD, its background can be referenced for context. The broker offers at least six named account types, with entry requirements starting at 1000€, increasing up to 300000€ for their premium accounts. Supported trading software is not currently disclosed; traders should verify platform compatibility directly. The number of tradable instruments is also not publicly listed, requiring consultation of the broker's official website for specific product details.
What does Hedgespots's trading platform setup look like?
Hedgespots does not publicly disclose its execution speed, server count, or trading environment grade; supported trading software is not currently disclosed. The core operational data for this broker's trading environment is unavailable. As the entity has no verifiable forex license and is flagged as operating in a suspicious region, this lack of transparency presents a significant challenge for evaluating its technical performance and infrastructure reliability. This absence of information compounds the severe risk warning associated with its regulatory status.
What products can you trade with Hedgespots?
Tradable instruments are not currently disclosed; readers may review the broker's official site for the full list. The specific instrument count is not currently disclosed. Hedgespots operates without any recognized forex trading license, which is a severe risk warning for potential clients. Before engaging, readers should carefully verify if the broker's available products match their specific trading strategies and risk tolerance.
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Hedgespots Regulation & License
- No regulatory information available
Note: The above regulatory information is sourced from the official Hedgespots website.
Basic Information
Registered Region
Bulgaria
Operating Period
5-10 years
Company Name
Get Promotions LTD
Customer Service Email Address
support@hedgespots.org
Contact Number
+ 442038689226
Company Website
https://hedgespots.com/
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Frequently Asked Questions about Hedgespots
Is Hedgespots a regulated forex broker?
Hedgespots does not hold a valid forex trading license and is officially classified as operating with a 'Not Regulated' status. While the entity Get Promotions LTD is registered in Bulgaria, it is not authorized by any recognized financial market authority, such as Bulgaria's Financial Supervision Commission (FSC). The broker's business scope is flagged as a suspicious operational region. This lack of credible oversight constitutes a severe risk warning, fundamentally altering the typical protections for client funds and operations.
Is Hedgespots safe to trade with based on WikiFX data?
Hedgespots carries a composite safety score of 1.55, which is very low. Its regulatory rating is 0.0, its risk control rating is 0.0, and its license rating is also 0.0. This profile indicates severe operational risks. The entity holds no formal forex license and operates in a region marked as suspicious. Given these metrics, traders should exercise extreme caution and prioritize brokers with demonstrable regulatory oversight and higher safety scores for the security of their capital.
How much money do I need to start trading with Hedgespots?
Hedgespots offers several account types with tiered minimum deposit requirements. The OPENING account requires a minimum deposit of 1000€, while its INFINITE account requires a deposit of 300000€. Other tiers include 5000€, 15000€, 50000€, and 150000€. However, other key cost metrics such as spreads, commissions, and leverage specifications are not currently publicly disclosed by the broker. This makes it difficult to fully assess the true cost of trading.
Can I use EA or automated trading with Hedgespots?
What can I trade on Hedgespots?