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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
Score
Regulatory Index0.00
Business Index6.09
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
General Information & Regulation
Hitech Pro4rex is allegedly a forex and CFD broker established on 27th June 2019 and registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with floating spreads from 0.2 pips on the state-of-the-art MT5 trading platform. Here is the home page of this brokers official site:
As for regulation, it has been verified that Hitech Pro4rex does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.11/10. Please be aware of the risk.
Market Instruments
Hitech Pro4rex advertises that it offers access to a wide range of trading instruments in financial markets, including CFDs on shares, commodities, cryptocurrencies, forex and indices.
Spreads & Commissions
Hitech Pro4rex claims that the forex spread is as low as 0.2 pips and the CFD spread starts from 0.4 pips on US500. As for commissions, the stock commission from $3 on US stocks and the commission on commodities is as low as $1.25 per lot.
Trading Platform Available
The platform available for trading at Hitech Pro4rex is said to be the industrys leading MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
Hitech Pro4rexs customer support can be reached by email: support@hitechpro4rex.com, info@hitechpro4rex.com or send messages online to get in touch. Company address: 2114 Great Western Road Glasgow, Scotland, G13 2AA.
Risk Warning
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.
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