Abstract:Founded in 2012 and registered in Hong Kong, Hygjqh runs free from government control, which will cause worries regarding investor protection. Through the MT4/5 systems, the business facilitates trading; customer service is provided by phone at 00852-66851256 and email at hygj@ 163.com.
Note:Hygjqh's official website:https://www.Hygjqh.com/ is currently inaccessible normally.
Aspect | Information |
Company Name | Hygjqh |
Registered Country/Area | Hong Kong |
Founded Year | 2012 |
Regulation | Unregulated |
Trading Platform | MT4/5 |
Customer Support | Phone:00852-66851256, Email:hygj@163.com |
Founded in 2012 and registered in Hong Kong, Hygjqh runs free from government control, which will cause worries regarding investor protection. Through the MT4/5 systems, the business facilitates trading; customer service is provided by phone at 00852-66851256 and email at hygj@ 163.com.
Hygjqh is an uncontrolled entity, hence it does not come under any acknowledged financial regulating power. Investors will be in danger from this lack of control as formal guidelines or supervision guarantees the company's operations and financial soundness.
Hygjqh is not under supervision, hence there is no inspection and financial misbehavior and fraud are therefore feasible.
Legal means of safeguarding investor money or resolving conflicts are lacking, hence not adequate protection for them.
Users of WikiFX provide the word-of-mouth recommendation for “Exposure”.
Traders should check the information and consider the dangers before dealing on unregistered sites. Please search our site for material about this. In our “Exposure” category, you may document dishonest vendors. Our staff will try its utmost to resolve whatever issues you uncover.
I will introduce one.
Exposure.1 Fraud
Classification | Fraud |
Date | June 27th,2020 |
Post Country | HongKong,China |
The client claimed Hygjqh is a phoney platform with deactivated websites and apps and that all staff members and services have vanished from the scene.You will visit:
https://www.wikifx.com/en/comments/detail/202006272542113058.html
Finally, Hygjqh has been revealed as a phoney platform with its app and website being defunct and staff and services disappeared. Choosing brokers who are adequately regulated and open about their activities can help you to have a safer trading environment.
Binary options trading involves predicting whether an asset's price will rise or fall within a specific timeframe. Unlike traditional investing, more specifically, binary options demand rapid decisions due to fixed expiry times (e.g., 60 seconds to 1 hour). For instance, speculating if EUR/USD will be above 1.0800 in the next five minutes. Success yields a fixed payout, while failure results in the loss of invested capital. Binary indicators distill complex market data—price action, volume, volatility—into actionable signals tailored for short-term trades. Indicators act as a compass, guiding traders to trends, reversals, and optimal entry points, thus enabling traders to detect market shifts for higher-probability decisions.
Baazex is a relatively new broker registered in the United Arab Emirates, with an operating history of between 2 to 5 years. Despite its claims of offering over 1500 trading instruments—from foreign exchange pairs like EUR/USD, GBP/USD, and AUD/JPY, to major stocks including Apple, Meta, Disney, LVMH, and Tesla; as well as commodities (oil, gold, silver, coffee), indices, cryptocurrencies, and futures—investors should be aware of some critical risks.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.