Abstract:HiFX, a trading name of HiFX LIMITED, is allegedly a forex broker registered in HiFX LIMITED, providing its clients with the state-of-the-art MetaTrader4 trading platform.
Note: HiFX is to operate via the website - https://htifx.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
The New Zealand FMA regulation (license number: 94961), Australia ASIC regulation (license number: 240914) and Australia ASIC regulation (license number: 240917) claimed by HiFX is suspected to be cloned. Please be aware of the risk!
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
HiFX, a trading name of HiFX LIMITED, is allegedly a forex broker registered in HiFX LIMITED, providing its clients with the state-of-the-art MetaTrader4 trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that HiFX has suspicious clone Australia Securities & Investment Commission (ASIC) and Financial Markets Authority (FMA) licenses. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.49/10. Please be aware of the risk.
Market Instruments
HiFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Trading Platform Available
The platform available for trading at HiFX is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
HiFX‘s customer support can be reached by telephone: 6 5124 364, email: info@htifx.com. You can also follow this broker on social networks such as QQ: 2491402427. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.
Pros & Cons
Interactive Brokers is a well-established stock broker compared to many of its peers like Wellbull and offering a large selection of tradable securities, and it offers $0 per share on stock and ETFs (for U.S residents only) with its IBKR Lite plan. Besides, it also offers the most advanced platforms to foster superb trading experience. In this way, Interactive Brokers features the largest clientele compared to its competitors, like Robinhood, Fidelity and Charles Schwab, over 2.6 million institutional and individual brokerage customers.
Webull was founded in 2017, quite newer to the brokerage industry than traditional players like Charles Schwab, Fidelity, Interactive Brokers and Robinhood. However, it stands tall when it comes to products offerings: Stocks, Options, cryptos, Index Options, Futures, ETFs, OTC, Margin, Fractional Shares. Webull applies no commission on stock, options and ETFs trading listed on U.S. Exchanges.
In recent years, the integration of artificial intelligence (AI) into financial markets has revolutionized trading strategies, particularly in the realm of forex (foreign exchange) trading. This evolution has given rise to automated trading bots like BotBro, which leverage AI to execute trades with precision and efficiency.
VPFX obtains UAE SCA Category Five license, enabling FX and CFDs promotion. Learn about its expansion and broker services at vpfx.net.