HatFX-Overview of Minimum Deposit, Leverage, Spreads
Abstract：HatFX was founded in 2021 in United Kingdom as an online forex broker. The tradable instruments with a maximum leverage of 1:2000. HatFX offers its clients various trading instruments, such as currency pairs, stocks, and more. HatFX is still risky due to its unregulated status, high leverage, and inaccessible office websites.
| HatFXReview Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Currency pairs, stocks, and more |
| Demo Account | Not mentioned |
| Leverage | Up to 1:2000 |
| Spread | Not mentioned |
| Trading Platform | Non-MT4/MT5 Software |
| Min Deposit | ＄200 |
| Customer Support | Email: support@hatfx.com |
HatFX Information
HatFX was founded in 2021 in United Kingdom as an online forex broker. The tradable instruments with a maximum leverage of 1:2000. HatFX offers its clients various trading instruments, such as currency pairs, stocks, and more. HatFX is still risky due to its unregulated status, high leverage, and inaccessible office websites.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:2000 | Unregulated |
| Inaccessible office website | |
| Unspecific information |
Is HatFX Legit?
HatFX is not regulated, an unregulated broker is not as safe as a regulated one.
What Can I Trade on ECHForex?
Traders can choose different investment directions because the broker provides currency pairs, stocks, and more. Because their website has very little information, we are unable to obtain detailed information.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Currency Pairs | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
HatFX has 5 account types: Classic Account, Advanced Account, Pro Account, VIP Account, Investor Account. HatFX claims that Minimum Deposit is $200 and Maximum Leverage is 1:2000.
| Account Type | Minimum Deposit | Maximum Leverage |
| Classic Account | ＄200 | 1:200 |
| Advanced Account | ＄2,500 | 1:500 |
| Pro Account | ＄5,000 | 1:1000 |
| VIP Account | ＄10,000 | 1:1500 |
| Investor Account | N/A | 1:2000 |
Leverage
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.
Customer Support Options
Traders with any questions will contact HatFX via email: support@hatfx.com. Therefore, if there is a problem with your trading program, you will not be able to quickly contact the broker. More importantly, if you encounter difficulties when withdrawing, any money you may lose will disappear forever.
Registered company address: 1 Canada Place, Canary Wharf, London, E14 5AB, UK
| Contact Options | Details |
| Phone | None |
| support@hatfx.com | |
| Physical Address | 1 Canada Place, Canary Wharf, London, E14 5AB, UK |
Read more
The Hidden Checklist: Five Unconventional Steps to Vet Your Broker
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial Obtains Licenses in BVI and Cayman Islands
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
CFI’s New Initiative Aims to Promote Transparency in Trading
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.
Malaysian-Thai Fraud Syndicate Dismantled, Millions in Losses Reported
The Royal Malaysia Police (PDRM) has received 26 reports concerning the Nicshare and CommonApps investment schemes, both linked to a major fraudulent syndicate led by a Malaysian citizen. The syndicate’s activities came to light following the arrest of its leader by Thai authorities on 16 December.
WikiFX Broker
Latest News
ASIC Sues Binance Australia Derivatives for Misclassifying Retail Clients
WikiFXWikiFX Review: Is FxPro Reliable?
WikiFXMalaysian-Thai Fraud Syndicate Dismantled, Millions in Losses Reported
WikiFXTrading frauds topped the list of scams in India- Report Reveals
WikiFXYAMARKETS' Jingle Bells Christmas Offer!
WikiFXAIMS Broker Review
WikiFXThe Hidden Checklist: Five Unconventional Steps to Vet Your Broker
WikiFXRevolut Leads UK Neobanks in the Digital Banking Revolution
WikiFXFusion Markets: Safe Choice or Scam to Avoid?
WikiFXSEC Approves Hashdex and Franklin Crypto ETFs on Nasdaq
WikiFXRate Calc
