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HubuFX -

Score

1.26 /10
Danger

HubuFX

Ukraine

1-2 years

Suspicious Regulatory License

High potential risk

https://hubufx.com

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Score

Regulatory Index0.00

Business Index5.10

Risk Management Index0.00

Software Index4.00

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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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

HubuFX · Company summary

Note: HubuFX's official website https://hubufx.com/ is currently inaccessible normally.

HubuFXReview Summary
Founded2023
Registered Country/RegionUkraine
RegulationNo regulation
Market InstrumentsForex (60+), Cryptos (5+), and Commodities (20+)
Demo Account/
LeverageUp to 1:400
Spread/
Trading PlatformWebTrader, MobileTrader
Min Deposit$1
Customer SupportTel: +380 98 008 9218
Email: contact@hubufx.com

HubuFX is a forex and CFD broker founded in 2023. They offer trading on forex, cryptocurrencies, and commodities. The minimum deposit to open an account is $1 and the leverage is up to 1:400. However, HubuFX is not regulated by any financial authority.

HubuFX's homepage

Pros and Cons

Pros Cons
Low minimum depositLack regulation
Newcomer status
Inaccessible website
No MT4/5

Is HubuFX Legit?

HubuFX is not regulated by the financial services regulatory authority in Ukraine, which means that the company lacks regulation from its registration site.

Domain information

What Can I Trade on HubuFX?

On HubuFX, customers can trade forex, cryptos, and commodities.

Tradable Instruments Supported
Forex✔
Commodities✔
Cryptocurrencies✔
Indices❌
Stocks❌
Bonds❌
Options❌
ETFs❌

Leverage

On HubuFX, the leverage can be up to 1:400. High leverage may bring higher risks, so careful considerations are recommended.

Trading Platform

Two platforms are available in HubuFX: WebTrader and MobileTrader.

Trading PlatformSupported Available Devices Suitable for
WebTrader✔Web/
MobileTrader✔Mobile/
MT4❌/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

HubuFX enables customers to deposit and withdraw their assets only through cryptocurrencies. Other popular payment options like bank transfers, Visa, MasterCard, skrill and Neteller are not supported.

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Denis Lagarde
more than one year
I haven't run into any major issues, and technically, everything seems to be working fine. In terms of their service, they seem to meet the standard you'd expect from an experienced broker. I don't have any strong criticisms or heaps of praise to share at this point. Hubu ForeX has essentially delivered what I expected, and there haven't been any big surprises along the way.
I haven't run into any major issues, and technically, everything seems to be working fine. In terms of their service, they seem to meet the standard you'd expect from an experienced broker. I don't have any strong criticisms or heaps of praise to share at this point. Hubu ForeX has essentially delivered what I expected, and there haven't been any big surprises along the way.
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2023-09-26 22:32
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