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HNTFX -

Score

1.47 /10
Danger

HNTFX

United Arab Emirates

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

Vanuatu Retail Forex License Revoked

High potential risk

https://www.hntfx.com

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.69

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

HNTFX.

Company Abbreviation

HNTFX

Platform registered country and region

United Arab Emirates

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • VanuatuVFSC (license number: 40409) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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HNTFX · Company summary

Note: HNTFX's official website: https://www.hntfx.com is currently inaccessible normal.

HNTFXReview Summary
Founded2024
Registered Country/RegionUnited Arab Emirates
RegulationVFSC (Revoked)
Market InstrumentsForex
Demo Account/
LeverageUp to 1:400
SpreadFixed, 2.7 pips
Trading PlatformMT4, MT5
Min Deposit$100
Customer SupportEmail: support@hntfx.com

HNTFX operates as an online broker without regulation. On this platform, the leverage is up to 1:400, and the spread is fixed from 2.7 pips. Both MT4 and MT5 are available on this platform. To begin investing on this site, traders need to deposit at least $100.

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Pros & Cons

ProsCons
MT4 and MT5 supportedRevoked VFSC license
Unfunctional website
Limited market offering
Wide spreads
Only email support

Is HNTFX Legit?

HNTFX claims to be regulated by the Vanuatu Financial Services Commission (VFSC), but its license has been revoked, which means it's risky to trade with this broker.

Regulated CountryRegulated AuthorityCurrent Status Regulated EntityLicense TypeLicense No.
Is HNTFX Legit?
Vanuatu Financial Services Commission (VFSC)RevokedHNT GROUP LIMITEDRetail Forex License40409
Is HNTFX Legit?

What Can I Trade on HNTFX?

Trading AssetAvailable
forex✔
commodities❌
indices❌
stocks ❌
cryptocurrencies❌

Spread

HNTFX offers fixed spread from 2.7 pips, which is almost twice the industry average of 1.5 pips.

Leverage

HNTFX offers leverage up to 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginners
MT5✔Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

Credit/Debit cards, Wire Transfers, Skrill, and Bitcoin payment via Coinbase are available on HNTFX.

User Reviews

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User comment

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Comments

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荣辱不惊4111
more than one year
I like that HNTFX provides MT4 and MT5 platforms. But I was surprised to see that the website is no longer open. Forget it, there are so many companies in the foreign exchange industry, I still have many other choices.
I like that HNTFX provides MT4 and MT5 platforms. But I was surprised to see that the website is no longer open. Forget it, there are so many companies in the foreign exchange industry, I still have many other choices.
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2023-03-01 16:04
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