HuiFeng

Note: HuiFeng's official website: https://www.hf-international.com/en/ is currently inaccessible normally.

HuiFeng Information

HuiFeng is a financial company registered on Apri 11, 2023. Currently its website is not functional, even though we recorded opened website of this company, there's limited information available on its business scope, office location, trading conditions, etc. Through investigation we only found that the company's server locates in the United States and offers MT4 as trading platform with demo and live versions, but seems the software provided by HuiFeng is a pirated one.

The company can be contacted at telephone: +1 784 485 6124 and email: trader@hf-international.com.

Is HuiFeng Legit？

HuiFeng claims to hold three regulatory licenses: an Australia Securities & Investment Commission (ASIC) license numbering 421210, an FCA (Financial Conduct Authority) license numbers at 677530 and an FSPR (Financial Service Providers Register) license with number 348606. However, all these licenses are suspected to be fake clone, indicating that the broker does not complay to any regulatory authority rule.

	Financial Service Providers Register (FSPR)
Current Status	Suspicious Clone
Regulated by	New Zealand
License Type	Financial Service Corporate
License No.	348606
Licensed Institution	Charterprime Limited

	Financial Conduct Authority (FCA)
Current Status	Suspicious Clone
Regulated by	United Kingdom
License Type	Straight Through Processing(STP)
License No.	677530
Licensed Institution	Global Market Index Limited

	Australia Securities & Investment Commission (ASIC)
Current Status	Suspicious Clone
Regulated by	Australia
License Type	Market Making(MM)
License No.	421210
Licensed Institution	HUIBAO GLOBAL MARKETS LIMITED

Downsides of HuiFeng

Unavailable website: Global Finance's website cannot be opened currently. We can't test their trading conditions and trading platforms.

Lack of transparency: The unavailable website and limited info through internet about the company leave traders in the dark about its current operational status and trading conditions.

Regulatory concerns: The suspicious clone regulation by three authorities FCA, ASIC and FSPR indicates nonexistent compliance to industry standards of the broker. This brings you great risks to trade with them.

Exposure on WikiFX about cheating: There is an exposure on WikiFX about the company's false propoganda and brought loss to customer. You should be cautious.

Pirated MT4 trading platform: Though the company provides MT4 trading platform in demo and live versions, the software was found to be pirate. It has high risks such as much more loopholes, inaccurate quotes and unreliable transactions.

Negative HuiFeng Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

As of now, there is one piece of HuiFeng exposure in total, details as below:

Exposure. Cheat

An investor from Hong Kong reported liquidation loss due to false propaganda and cheating on HuiFeng. The company pretended to be HSBC and conducted order recommendation deliberately.

Conclusion

To sum up, we don't recommend trading with this broker. Its suspicious ASIC, FCA and FSPR clone status raises questions about regulatory compliance. Moreover, an inaccessible website indicates possible cease of operation. Most worriesome of all, the company was reported to cheat customer by false propoganda as HSBC.

All these factors indicate that the broker is untrustworthy. Choosing reputable and regulated alternatives is a smart decision to protect your money.