HWFX is registered in Cyprus, but its CYSEC regulatory license is fake. I heard that the license issued by this agency used to be very reliable, but it has become less and less strict in recent years.

I always met technical issues on this platform, session automatically off all the time. but they did not let their technical guys to help me out. What’s more, spreads were insanely high, much higher than most brokers’ offerings. I do think this is a bad broker, and I want more people know that don’t trade with it. Don’t use this broker.