Score

1.52 /10
Danger

HungDingFinancial

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.08

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

HungDingFinancial

Company Abbreviation

HungDingFinancial

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pyramid scheme complaint
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HungDingFinancial · Company summary

Basic Information & Regulation of HungDingFinancial

HungDingFinancial is regulated by FINTRAC in Canada (regulation number M20526201) and provides traders with online trading services for four major types of financial derivatives: international futures, commodities, precious metals, stock indices, and other CFD contracts. HungDingFinancial is committed to providing customers with experienced, convenient, and secure trading services, as well as investor trading training services and investment advisory services, enabling traders to link to the global market with one account and trade the world's most popular financial products anytime, anywhere, realizing a comprehensive, multi-channel online trading service for the global financial derivatives market. At present, HungDingFinancial has officially entered the Asian market and set up an Asia-Pacific regional office with a full Chinese network and customer service support to provide comprehensive services to Asia-Pacific customers.

Security Analysis of HungDingFinancial

HungDingFinancial holds a retail foreign exchange license from FINTRAC, a regulatory body with a certain authority in Canada, which means that the safety of investors' funds can be protected to a certain extent. However, the official website of HungDingFinancial does not provide specific information on product spreads. Hence, the transaction fees seem to be opaque, and investors should be cautious in using this trading platform.

Market Instruments of HungDingFinancial

HungDingFinancial provides traders with online trading services for four major categories of financial derivatives: international futures, commodities, precious metals, and stock index CFDs.

Accounts & Leverage

HungDingFinancial offers a real trading account for all traders. Additionally, HungDingFinancial offers leverage ranging from a minimum of 1:1 to 1:500, allowing investors the flexibility to choose according to their risk tolerance.

Trading Platform Available of HungDingFinancial

HungDingFinancial provides traders with the most popular trading platforms, MT4 (mobile & computer version) and MT5 (mobile & computer version). MT4 & MT5 are advanced trading software with powerful functions, which not only have flexible order trading functions but also provide news, market information, chart analysis, indicator programming, alert and alarm, email communication, functions, etc.

Deposit and Withdrawal

HungDingFinancial supports traders to deposit and withdraw funds from their investment accounts via VISA, China UnionPay, MasterCard, wire transfer, and Skrill.

Pros & Cons of HungDingFinancial

The main advantages of HungDingFinancial are:

1. Being regulated

2. Rich trading assets

3. Flexible leverage

4. MT4 trading platform

5. Multiple deposits & withdrawal methods

The main disadvantages of HungDingFinancial are:

1. Only one kind of trading account

2. Spread information not provided and non-transparent transaction costs


User Reviews

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User comment

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嘴角上扬3164
more than one year
La peor plataforma que imaginarse pueda!! Al principio me atrajeron con varias condiciones, me dejaron invertir y me prometieron altos rendimientos. Después de hacer un depósito, dije que el mercado fluctúa y los riesgos son inevitables... y comenzaron a ser muy indiferente. Después de recibir mi dinero, no hay necesidad de ser tan cortés conmigo, ¿verdad?
La peor plataforma que imaginarse pueda!! Al principio me atrajeron con varias condiciones, me dejaron invertir y me prometieron altos rendimientos. Después de hacer un depósito, dije que el mercado fluctúa y los riesgos son inevitables... y comenzaron a ser muy indiferente. Después de recibir mi dinero, no hay necesidad de ser tan cortés conmigo, ¿verdad?
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2022-11-28 17:56
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黎明的曙光,
more than one year
What a painful realization! My friend advised me not to invest in this broker before, saying that they are unreliable, but I refused to listen. Now I know that I was wrong after suffering a loss. They have already shut down the website, ran away, and can't be contacted anymore. The money I invested was missing.
What a painful realization! My friend advised me not to invest in this broker before, saying that they are unreliable, but I refused to listen. Now I know that I was wrong after suffering a loss. They have already shut down the website, ran away, and can't be contacted anymore. The money I invested was missing.
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2022-11-27 13:23
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