Score

1.42 /10
Danger

HatFX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.31

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

VC FSA
2022-03-04

Broker Information

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Company Name

HatFX

Company Abbreviation

HatFX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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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

HatFX · Company summary
HatFXReview Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsCurrency pairs, stocks, and more
Demo AccountNot mentioned
LeverageUp to 1:2000
SpreadNot mentioned
Trading PlatformNon-MT4/MT5 Software
Min Deposit$200
Customer SupportEmail: 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 1:2000Unregulated
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 DepositMaximum Leverage
Classic Account$2001:200
Advanced Account$2,5001:500
Pro Account$5,0001:1000
VIP Account$10,0001:1500
Investor AccountN/A1:2000

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
Email support@hatfx.com
Physical Address 1 Canada Place, Canary Wharf, London, E14 5AB, UK

User Reviews

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Comments

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高山流水32173
more than one year
My experience with HatFX was a hard-learned lesson. What I have learned is, never trade with a company that does not have any regulatory license. They can even scam you out of your money and abscond with it without any penalty. It's not fair! I hate forex scammers, they should get their retribution.
My experience with HatFX was a hard-learned lesson. What I have learned is, never trade with a company that does not have any regulatory license. They can even scam you out of your money and abscond with it without any penalty. It's not fair! I hate forex scammers, they should get their retribution.
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2023-03-20 10:11
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FX1302506358
more than one year
The company HatFX was established less than two years ago, and it has already closed down. The forex industry is really difficult for both forex traders and forex brokers to survive.
The company HatFX was established less than two years ago, and it has already closed down. The forex industry is really difficult for both forex traders and forex brokers to survive.
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2023-03-01 16:04
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