Score

1.56 /10
Danger

HiFX

New Zealand

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.41

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

HiFX LIMITED

Company Abbreviation

HiFX

Platform registered country and region

New Zealand

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFMA regulation (license number: 94961) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
HiFX · Company summary

Note: HiFX is to operate via the website - https://htifx.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

The New Zealand FMA regulation (license number: 94961), Australia ASIC regulation (license number: 240914) and Australia ASIC regulation (license number: 240917) claimed by HiFX is suspected to be cloned. Please be aware of the risk!

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.

General Information & Regulation

HiFX, a trading name of HiFX LIMITED, is allegedly a forex broker registered in HiFX LIMITED, providing its clients with the state-of-the-art MetaTrader4 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that HiFX has suspicious clone Australia Securities & Investment Commission (ASIC) and Financial Markets Authority (FMA) licenses. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.49/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation
General Information & Regulation
General Information & Regulation

Market Instruments

HiFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

Trading Platform Available

The platform available for trading at HiFX is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Customer Support

HiFX‘s customer support can be reached by telephone: 6 5124 364, email: info@htifx.com. You can also follow this broker on social networks such as QQ: 2491402427. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

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User comment

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Comments

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王领春
more than one year
Always asking for more money when trying to withdraw. You won’t ever get your money out. It's a scam! KEEP OFF!!! I have regretted partnering with them. If you choose them, then you will be ripped off like me.
Always asking for more money when trying to withdraw. You won’t ever get your money out. It's a scam! KEEP OFF!!! I have regretted partnering with them. If you choose them, then you will be ripped off like me.
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2023-03-13 10:33
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