Huaxin International Information Revealed

Aspect	Information
Registered Country/Area	Hong Kong
Founded Year	2-5 years (specific founding year not provided)
Company Name	Huaxin International Holdings Limited
Regulation	Not regulated; marked as “Unauthorized” by NFA
Minimum Deposit	$200
Maximum Leverage	1:500
Spreads	From 0.1 pips
Trading Platforms	MetaTrader 4 (MT4)
Tradable Assets	Forex, Commodities, Equities, Indices, Interest Rates
Account Types	Current Account, Savings Account, Fixed Deposit Account, Margin Account, Contra Account
Demo Account	Not mentioned
Islamic Account	Not mentioned
Customer Support	Email: admin@huaxinfx.com, Phone: +85253801880
Payment Methods	Wire transfer, credit card, debit card
Educational Tools	Not mentioned

Overview of Huaxin International

Huaxin International Holdings Limited is a Hong Kong-based company operating for 2-5 years, but it lacks regulation from authorized agencies, like the National Futures Association in the US. Potential risks are associated with engaging in financial services with this unregulated institution.

The company offers a variety of market instruments, including forex, commodities, equities, indices, and interest rates, with trading hours specified for each asset class. They operate on the widely recognized MetaTrader 4 (MT4) platform, which supports automated trading through Expert Advisors.

Huaxin International provides different account types, such as current accounts, savings accounts, fixed deposit accounts, margin accounts, and contra accounts. However, caution is advised due to the associated risks, particularly with margin accounts, allowing investors to borrow money for stock market investment. Customer support is available via email and phone, but there have been reports of issues related to withdrawals and account freezing according to reviews.

Pros and Cons

Huaxin International offers several advantages and drawbacks for traders considering their services. On the positive side, the company provides a diverse range of market instruments, giving traders access to various financial opportunities. Additionally, the availability of forex trading 24 hours a day, five days a week. The platform also offers spreads from as low as 0.1 pips. Moreover, Huaxin International caters to different trading needs with multiple account types and a user-friendly MetaTrader 4 platform, facilitating order execution and automated trading through Expert Advisors (EAs). Furthermore, the company offers customer support through email and phone. However, a significant concern is the lack of regulation by any authorized regulatory agency, potentially exposing traders to risks when engaging in financial services with an unregulated institution. Additionally, Huaxin International charges commissions for certain products and offers high leverage, which can lead to significant losses. Traders should also be aware of reported issues related to withdrawals and account freezing, as well as the limited information available due to the absence of the main website. Caution and thorough research are advised when considering Huaxin International for trading activities.

Pros	Cons
Offers a diverse range of market instruments	Not regulated by any authorized regulatory agency
24/5 availability for forex trading	Potential risks associated with engaging in financial services with an unregulated institution
Spreads from 0.1 pips	Charges commissions for certain products
Multiple account types available	High leverage (1:500) increases the risk of significant losses
User-friendly MetaTrader 4 platform	Minimum deposit of $200 required to open a trading account
Customer support available through email and phone	Issues related to withdrawals and account freezing reported in reviews
Supports automated trading through Expert Advisors (EAs)	Limited information and absence of the main website

Is Huaxin International Legit？

Huaxin International Holding Limited is not regulated by any authorized regulatory agency. As per the information provided, it lacks a valid license and has been marked as “Unauthorized” by the National Futures Association (NFA) in the United States. The broker exceeds the business scope regulated by the NFA's license number 0525698, specifically the National Futures Association-UNFX Non-Forex License. Due to its unregulated status, there are potential risks associated with engaging in financial services with this institution. Caution should be exercised when dealing with such entities.

Market Instruments

FOREX:

Huaxin International offers a range of forex market instruments, including spot, forward, swap, and options. The currencies traded on their platform encompass major global currencies such as USD, EUR, CNY, JPY, GBP, AUD, CAD, CHF, and HKD. Traders can access the forex market 24 hours a day, 5 days a week, allowing for continuous trading opportunities.

COMMODITIES:

For commodity trading, Huaxin International presents a diverse set of options. In the energy sector, traders can engage with crude oil, natural gas, gasoline, and heating oil. Precious metals like gold and silver are available, alongside industrial metals such as copper and aluminum. Agricultural products include wheat, corn, soybeans, and sugar. The trading hours for each commodity may vary.

EQUITIES:

Huaxin International offers both domestic and international equity trading. Their platform includes equities from major stock exchanges like the Shanghai Stock Exchange, the Shenzhen Stock Exchange, and the New York Stock Exchange. Traders can participate in equity trading during the specified trading hours, which run from 9:30 am to 3:00 pm Beijing Time.

INDICES:

The company also provides access to global equity indices, allowing traders to speculate on the overall performance of the market. Popular indices like the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite are available for trading. Trading these indices is possible during the standard hours of 9:30 am to 3:00 pm Beijing Time.

INTEREST RATES:

For those interested in interest rate trading, Huaxin International offers various instruments, including swaps, futures, and options. Among the interest rates available are LIBOR, EURIBOR, and the Chinese interbank lending rate. Traders can take advantage of these opportunities during the trading hours of 9:30 am to 3:00 pm Beijing Time.

Pros and Cons

Pros	Cons
Offers a wide range of forex market instruments	Lack of transparency regarding pricing and liquidity
Diverse options for commodity trading	No information on specific market instruments provided
Access to both domestic and international equity trading	Limited trading hours for some instruments

Account Types

CURRENT ACCOUNT:

Huaxin International offers a current account, a basic account that enables depositing and withdrawing money, as well as making payments. The account comes with various features, including a debit card, online banking, mobile banking, bill payment, and standing orders. While current accounts typically have low-interest rates, they provide a means of managing finances.

SAVINGS ACCOUNT:

Huaxin International provides savings accounts designed to grow money over time. These accounts offer a higher interest rate compared to current accounts, easy access to funds, and no monthly fees. Savings accounts serve as a suitable option for saving for short-term goals like holidays or purchasing a new car.

FIXED DEPOSIT ACCOUNT:

For customers seeking to lock in their money for a specific period, Huaxin International offers fixed deposit accounts. These accounts provide a higher interest rate than savings accounts, have no monthly fees, and allow individuals to choose their preferred term length. Fixed deposit accounts are ideal for saving towards long-term objectives like retirement or a child's education.

MARGIN ACCOUNT:

Huaxin International offers margin accounts that allow investors to borrow money from the broker to invest in the stock market. With these accounts, clients can borrow up to 50% of their investment value at low-interest rates and without monthly fees. While margin accounts enhance investment power, it is essential to be cautious due to the associated risks.

CONTRA ACCOUNT:

To monitor investment profits and losses, Huaxin International provides contra accounts. These accounts enable customers to track investment performance over time and compare it against a benchmark. Contra accounts serve as valuable tools for assessing investment performance and making informed decisions.

Pros and Cons

Pros	Cons
Provides various account types for different needs	Margin accounts involve higher risk due to borrowing and leveraging
Savings accounts offer higher interest rates	Limited information available about account features and conditions
Contra accounts help assess investment performance	Unavailability of specific details on fees and charges for account services

Leverage

Huaxin International offers a maximum leverage of 1:500. This means that for every $1 of the trader's own capital, they can potentially control positions worth up to $500 in the market. High leverage allows traders to magnify their potential profits, but it also increases the risk of significant losses.

Spreads & Commissions

Huaxin International charges spreads of around 0.2 pips for retail clients and 0.1 pips for institutional clients. There are no commissions charged for forex and indices, but a commission of $2 per side is charged for US stocks and $0.01 per share for US ETFs.

Minimum Deposit

Huaxin International requires a minimum deposit of $200 to open a trading account. The minimum deposit must be made in US dollars and can be made by wire transfer, credit card, or debit card.

Deposit & Withdrawal

Huaxin International offers a variety of deposit and withdrawal options, including cash, checks, wire transfers, and electronic transfers. Deposits are typically credited to accounts within 24 hours, and withdrawals are typically processed within 24 hours. There are no fees for depositing cash or checks, but wire transfer fees vary depending on the amount of the transfer and the recipient's bank. The minimum withdrawal amount varies depending on the withdrawal type. Huaxin International supports deposits and withdrawals in a variety of currencies, and deposits and withdrawals are available 24/7.

Pros	Cons
Variety of deposit and withdrawal options	Wire transfer fees may vary, potentially resulting in higher costs for certain transactions
Deposits typically credited to accounts within 24 hours	Lack of specific information on withdrawal processing times, which may lead to uncertainty for traders
Withdrawals typically processed within 24 hours

Trading Platforms

Huaxin International offers the MetaTrader 4 (MT4) trading platform, a widely recognized and popular choice among traders. With MT4, clients gain access to a comprehensive trading environment that includes advanced charting tools, real-time market data, and a wide range of technical indicators. Traders can execute orders quickly, benefiting from low latency and fast trade execution speeds. The platform supports multiple order types and offers a user-friendly interface for both beginners and experienced traders. Additionally, MT4 allows for automated trading through Expert Advisors (EAs), enabling traders to implement and backtest their trading strategies.

Pros	Cons
MetaTrader 4 (MT4) is widely recognized and popular among traders	No information available on additional trading platforms or alternatives to MT4
Comprehensive trading environment with advanced charting and technical tools	Lack of information on specific features, functionalities, and platform customization
	No alternative platforms available

Customer Support

Huaxin International provides customer support through email at admin@huaxinfx.com. For English-speaking clients, they can reach customer support at +85253801880.

Reviews

According to reviews on WikiFX, there are two pieces of exposure in total for Huaxin International. One complaint mentioned a pyramid scheme, which was later resolved. However, there were issues related to withdrawals being unavailable for 20 days, with a customer reporting difficulty in withdrawing funds. The platform allegedly asked the user to recharge 30% of the platform balance to reset the password and unfreeze the account for risk control. Another review mentioned a user being unable to withdraw and experiencing issues with password reset and account freezing.

Conclusion

Huaxin International Holdings Limited offers a variety of financial instruments across different markets, including forex, commodities, equities, indices, and interest rates. However, it is important to note that the company is not regulated by any authorized regulatory agency and has been marked as “Unauthorized” by the National Futures Association (NFA) in the United States. As such, there are potential risks associated with engaging in financial services with this institution, and caution should be exercised. The company provides various account types, leverage options, and the MetaTrader 4 (MT4) trading platform, which offers a comprehensive trading environment. Customer support is available through email and phone. Online reviews indicate some customer complaints related to withdrawals and account freezing, highlighting potential issues in this regard. Traders considering Huaxin International should carefully assess the risks associated with its unregulated status and exercise caution when dealing with the company.

FAQs

Q: Is Huaxin International a legitimate company？

A: Huaxin International Holding Limited is not regulated by any authorized regulatory agency, and caution should be exercised when dealing with unregulated entities.

Q: What financial instruments can I trade with Huaxin International？

A: Huaxin International offers forex, commodities, equities, indices, and interest rates for trading.

Q: What types of accounts does Huaxin International offer？

A: Huaxin International provides current accounts, savings accounts, fixed deposit accounts, margin accounts, and contra accounts.

Q: What is the leverage offered by Huaxin International？

A: Huaxin International offers a maximum leverage of 1:500.

Q: What are the spreads and commissions at Huaxin International？

A: Spreads are approximately 0.2 pips for retail clients and 0.1 pips for institutional clients. There are no commissions for forex and indices, but there are commissions for US stocks and ETFs.

Q: What is the minimum deposit required to open a trading account？

A: The minimum deposit at Huaxin International is $200.

Q: How can I deposit and withdraw funds with Huaxin International？

A: Huaxin International supports various deposit and withdrawal methods, including cash, checks, wire transfers, and electronic transfers.

Q: What trading platform does Huaxin International offer？

A: Huaxin International provides the MetaTrader 4 (MT4) trading platform.

Q: How can I contact customer support at Huaxin International？

A: You can reach customer support through email at admin@huaxinfx.com or call +85253801880.

Q: Are there any reviews or feedback about Huaxin International？

A: According to reviews on WikiFX, there have been some issues reported regarding withdrawals and account freezing.