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HBC Market -

Score

1.49 /10
Danger

HBC Market

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://hbc-markets.com

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Score

Regulatory Index0.00

Business Index6.81

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

open now

Regulatory disclosure

Danger

CH FINMA
2020-12-15
Warning List - HBC Market
HBC Market

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

HBC Market · Company summary

Note: HBC Market's official website https://hbc-markets.com/ is currently inaccessible normally.

HBC MarketReview Summary
Founded2021
Registered Country/RegionUK
RegulationNo regulation
Market Instruments4,500+ CFDs on Forex currency pairs, commodities, indices, precious metals, stocks, and cryptocurrencies
Demo Account/
LeverageUp to 1:200
Spread/
Trading PlatformMT4
Min Deposit$250
Customer SupportTel: +4162 674 67 27
Email: support@hbcmarket.com

HBC Market is a financial company registered in 2021 in the UK. It uses MT4 as its trading platform, and the minimum deposit is $250. The leverage can be up to 1:200. However, it is not regulated, which may bring potential risks.

HBC Market's homepage

Pros and Cons

Pros Cons
Multiple account typesInaccessible website
MT4 providedLack of regulation
Lack of transparency
High minimum deposit

Is HBC Market Legit?

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

No results from the FCA

What's more, FINMA (a financial market regulator in Switzerland) once issued a warning notice about HBC Market.

FINMA warning
Domain information

What Can I Trade on HBC Market?

HBCMarket claims to offer investors 4,500 financial instruments, including CFDs on Forex currency pairs, commodities, indices, precious metals, stocks, and cryptocurrencies.

Tradable Instruments Supported
CFDs✔
Forex currency pairs✔
Commodities✔
Precious metals✔
Indices✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌

Account Type

HBC Market offers 6 types of accounts: Micro, ECN, Bronze, Silver, Gold, and VIP. However, it does not mention whether a demo account is available or not.

Account TypeMin Deposit
Micro $250
ECN $500
Bronze $10,000
Silver $50,000
Gold$100,000
VIP $150,000

Leverage

The leverage can be up to 1:200. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use high leverage levels in case of heavy fund losses.

Trading Platform

HBC Market claims to offer traders the MT4 trading platform. MT4 is currently the most popular multi-forex trading platform, known for its powerful charting tools, a large number of custom technical indicators, support for automated trading and robotic trading.

Trading PlatformSupported Available Devices Suitable for
MT4✔Web, desktop, mobileBeginners
MT5❌/Experienced traders

Deposit and Withdrawal

HBC Market supports different kinds of payment options, including credit cards, bank wire, POLi, Sofort, iDeal and GiroPay. However, other details such as the processing time and fees are not clear.

User Reviews

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Comments

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lawyerstanc
more than one year
In Italy I started a Class Action against HBC Market which is responsible for numerous scams, of significant value, against Italian, British, Swiss, German, Lithuanian and Estonian citizens. I started a legal action in the Criminal Court. I am at the disposal of the victims for any useful information to identify and apply criminal sanctions against the Responsible criminals
In Italy I started a Class Action against HBC Market which is responsible for numerous scams, of significant value, against Italian, British, Swiss, German, Lithuanian and Estonian citizens. I started a legal action in the Criminal Court. I am at the disposal of the victims for any useful information to identify and apply criminal sanctions against the Responsible criminals
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2022-12-19 19:18
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FX1131743787
more than one year
This company is 100% fraudulent. I invested a small amount initially, they then kept showing me how much my account was making and encouraged me to invest more, which I did. But now they has gone and I can’t withdraw my balance.
This company is 100% fraudulent. I invested a small amount initially, they then kept showing me how much my account was making and encouraged me to invest more, which I did. But now they has gone and I can’t withdraw my balance.
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2022-12-12 17:39
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