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HNTFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-25 16:36

Abstract:HNTFX operates as an online broker without regulation. On this platform, the leverage is up to 1:400, and the spread is fixed from 2.7 pips. Both MT4 and MT5 are available on this platform. To begin investing on this site, traders need to deposit at least $100.

  Note: HNTFX's official website: https://www.hntfx.com is currently inaccessible normal.

HNTFXReview Summary
Founded2024
Registered Country/RegionUnited Arab Emirates
RegulationVFSC (Revoked)
Market InstrumentsForex
Demo Account/
LeverageUp to 1:400
SpreadFixed, 2.7 pips
Trading PlatformMT4, MT5
Min Deposit$100
Customer SupportEmail: support@hntfx.com

  HNTFX operates as an online broker without regulation. On this platform, the leverage is up to 1:400, and the spread is fixed from 2.7 pips. Both MT4 and MT5 are available on this platform. To begin investing on this site, traders need to deposit at least $100.

logo

Pros & Cons

ProsCons
MT4 and MT5 supportedRevoked VFSC license
Unfunctional website
Limited market offering
Wide spreads
Only email support

Is HNTFX Legit?

  HNTFX claims to be regulated by the Vanuatu Financial Services Commission (VFSC), but its license has been revoked, which means it's risky to trade with this broker.

Regulated CountryRegulated AuthorityCurrent Status Regulated EntityLicense TypeLicense No.
Is HNTFX Legit?
Vanuatu Financial Services Commission (VFSC)RevokedHNT GROUP LIMITEDRetail Forex License40409
Is HNTFX Legit?

What Can I Trade on HNTFX?

Trading AssetAvailable
forex✔
commodities❌
indices❌
stocks ❌
cryptocurrencies❌

Spread

  HNTFX offers fixed spread from 2.7 pips, which is almost twice the industry average of 1.5 pips.

Leverage

  HNTFX offers leverage up to 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginners
MT5✔Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

  Credit/Debit cards, Wire Transfers, Skrill, and Bitcoin payment via Coinbase are available on HNTFX.

  

Related broker

No Regulation
HNTFX
Company name:HNTFX.
Score
1.50
Website:https://www.hntfx.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Retail Forex License
Score
1.50

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