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/10

HBC Market

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://hbc-markets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
HBCMarket-Demo MT4
Server Location United States

Contact

+4162 674 67 27
support@hbcmarket.com
https://hbc-markets.com/

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Disclosure

Danger

CH FINMA
2020-12-15

Contact number

English

+4162 674 67 27

Broker Information

More

Company Name

HBC Market

Company Abbreviation

HBC Market

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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HBC Market · Company Summary

General Information & Regulation

HBC Market claims to be a Forex and CFD broker based in the UK and is not currently subject to active regulation.

Market Instruments

HBCMarket claims to offer investors 4,500 financial instruments, including CFDs on Forex currency pairs, commodities, indices, precious metals, stocks, and cryptocurrencies.

Minimum Deposit

There are six types of trading accounts available on the HBCMarket platform: Micro (minimum deposit of $250), ECN (minimum deposit of $500), Bronze (minimum deposit of $10,000), Silver (minimum deposit of $50,000), Gold (minimum deposit of $100,000), and VIP (minimum deposit of $150,000).

HBC Market Leverage

The maximum trading leverage offered by HBC Market for forex trading is 1:200, when it comes to trading leverage. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use high leverage level in case of heavy fund losses.

Trading Platforms

HBC Market claims to offer traders both an MT4 trading platform and an online trading platform. MT4 is currently the most popular multi-forex trading platform, known for its powerful charting tools, a large number of custom technical indicators, support for automated trading and robotic trading.

Deposit & Withdrawal

HBC Market supports traders to deposit and withdraw funds from their investment accounts via VISA, MasterCard, Skrill, WebMoney, and bank transfers. However, the minimum withdrawal is an outrageous 3000 EUR, and the withdrawal is also said to take up to 5 days, which is extremely long and unnecessary compared to the 24 hours required by legit brokers.

HBC Market Pros & Cons

HBC Market Advantages Include:

1. Six trading accounts to choose from

2. Mt4 trading platform

HBC Market Disadvantages Include:

1. No regulation & offshore brokers

2. High minimum deposit requirements

3. Trading conditions such as spreads & commission information not provided

User Reviews

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User comment

3

Comments

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lawyerstanc
more than one year
In Italy I started a Class Action against HBC Market which is responsible for numerous scams, of significant value, against Italian, British, Swiss, German, Lithuanian and Estonian citizens. I started a legal action in the Criminal Court. I am at the disposal of the victims for any useful information to identify and apply criminal sanctions against the Responsible criminals
2022-12-19 19:18
Reply
1
0
FX1131743787
more than one year
This company is 100% fraudulent. I invested a small amount initially, they then kept showing me how much my account was making and encouraged me to invest more, which I did. But now they has gone and I can’t withdraw my balance.
2022-12-12 17:39
Reply
1
1
红豆~Gainer社区
more than one year
They stole my hard-earned money, which almost got my heart attack. Don’t use this broker, trust me, it charges high swaps. Stay sway form it.
2022-12-08 13:31
Reply
1
1
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