Score

1.36 /10
Danger

HYHLB Group

United Kingdom

2-5 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

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Comparison

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Website

Score

Regulatory Index0.00

Business Index5.44

Risk Management Index0.00

Software Index4.37

License Index0.00

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Website

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

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Broker Information

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Company Name

HYHLB Group

Company Abbreviation

HYHLB Group

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

HYHLB Group · Company summary

Note: HYANB Group's official website: https://hyhlbgroup.com/ is currently inaccessible normal.

HYANB GroupReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsStocks, futures, crude oil, gold, bitcoin, currencies, etc.
Demo Account
LeverageUp to 1:400
SpreadFloating from 1 pip
Trading PlatformHYANB Group platform
Min Deposit/
Customer SupportEmail: info@hyhlbglobal.email

HYHLB Group is a UK-registered forex broker that offers online trading services to retail and institutional clients. The company provides access to global mainstream markets, including currency pairs, stocks, futures, gold, crude oil, and Bitcoin, among others. HYHLB Group offers both demo and live accounts with up to 1:400 leverage. The broker has its own trading platform available on multiple devices, including PCs and mobile phones. However, the company is currently not regulated, and the website is currently unfunctional.

HYHLB Group's homepage

Pros & Cons

ProsCons
Various trading instrumentsUnregulated
Unfunctional website
No info on minimum deposit
No MT4/5

Is HYANB Group Legit?

HYANB Grouphas not been regulated by any authorities, which can be a major red flag.

No license

What Can I Trade on HYANB Group?

Trading AssetAvailable
forex
metals
crude oil
stocks
cryptocurrencies
futures
indices
options
What Can I Trade on HYANB Group?

Account Type

The account types offered by HYHLB Group is very limited, with only a demo account and a live account available. While the demo account offers traders up to $100,000 in virtual capital to practice trading, the live account only comes in USD as the base currency. However, there is no clear information available on other important account features such as minimum deposit and trading conditions.

Leverage

HYHLB Group offers a maximum leverage of up to 1:400, which can be an attractive feature for traders looking to maximize their potential profits with a smaller deposit. However, traders should also be aware of the potential risks involved, as high leverage can amplify losses and increase the risk of margin calls and account liquidation.

Leverage and spreads

Spread

HYHLB Group says to offer floating spreads from 1 pip, but currently due to unavailable to access their website, we can't test if it is true or just their advertisement.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
HYANB Group platform//
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners

Deposit and Withdrawal

HYANB Group only accepts cryptocurrencies, such as USDT, USDC, ETH, and BTC, as payment methods, which is a noticeably small range of choices.

User Reviews

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User comment

4

Comments

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ycytfjv
more than one year
Mixed feelings about HYHLB Group. Their own platform is decent, although it's not the most user-friendly. But here's the thing - they don't have any kind of regulatory license. That's a pretty big issue, don't you think? What really got me, though, is their lack of support options. Email is the only way to get in touch with them... No live chat, no phone, nothing... They need to address the regulatory issue and provide more transparency before I'd feel comfortable trading with them.
Mixed feelings about HYHLB Group. Their own platform is decent, although it's not the most user-friendly. But here's the thing - they don't have any kind of regulatory license. That's a pretty big issue, don't you think? What really got me, though, is their lack of support options. Email is the only way to get in touch with them... No live chat, no phone, nothing... They need to address the regulatory issue and provide more transparency before I'd feel comfortable trading with them.
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2023-04-27 14:24
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ODIE
more than one year
Alright, I have checked out HYHLB Group and let me tell you, it's not looking too hot. They're a UK-based broker, but they don't have any kind of regulatory license. That's a major no-go in my book. They do offer a decent selection of trading instruments and demo accounts, but their own platform is a bit clunky. And get this - they don't even offer MT4 or MT5! Those are some of the most popular trading platforms out there, so what's the deal?
Alright, I have checked out HYHLB Group and let me tell you, it's not looking too hot. They're a UK-based broker, but they don't have any kind of regulatory license. That's a major no-go in my book. They do offer a decent selection of trading instruments and demo accounts, but their own platform is a bit clunky. And get this - they don't even offer MT4 or MT5! Those are some of the most popular trading platforms out there, so what's the deal?
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2023-04-27 14:21
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