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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
Quantity 4
Exposure
Score
Regulatory Index0.00
Business Index6.63
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Flying Hummingbird Co.,limited
Company Abbreviation
Flying Hummingbird
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Note: It is currently difficult to obtain accurate information about Flying Hummingbird due to their official website- https://www.fhbinvest.com/en/ being non-functional. Without access to the website, it is challenging to gather precise details about the broker's operations, and we had to rely on available online sources to provide a general overview.
Flying Hummingbird Review Summary | |
Founded | 2-5 years |
Registered Country/Region | United Kingdom |
Regulation | NFA (Unauthorized) |
Market Instruments | 50+ currency pairs, indices, gold, commodities |
Demo Account | Unavailable |
Leverage | 1:500 |
Trading Platforms | MT5 |
Spreads | 2.5 pips |
Minimum Deposit | $250 |
Customer Support | N/A |
Flying Hummingbird, an online forex and CFD broker, claims to offer access to over 50 currency pairs and other trading instruments. However, it is not a legitimate broker, as they falsely claim to be regulated and exceed the business scope regulated by United States NFA.
In the forthcoming article, we will assess and analyze the broker's attributes from various angles, providing you with well-organized and precise information. If you have any questions or are curious, we invite you to keep reading. As we conclude the article, we will offer a concise summary, helping you to easily grasp the broker's characteristics.
Pros | Cons |
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- MT5 supported: Flying Hummingbird supports the MetaTrader 5 (MT5) trading platform, which is known for its advanced features and tools for trading.
- Website is unavailable: One significant drawback is that the official website of Flying Hummingbird is currently non-functional, making it difficult for users to access important information and carry out necessary tasks.
- NFA (Unauthorized): The National Futures Association (NFA) has unauthorized Flying Hummingbird, indicating that the broker may not be regulated or comply with the necessary regulations to provide financial services. This can raise concerns about the broker's credibility and the safety of investments.
Flying Hummingbird is not regulated properly by the United States National Futures Association (NFA) and does not have the necessary license to operate in the forex market. This lack of regulation means that there is no oversight from governmental or financial authorities.
Furthermore, the fact that their official website is currently unavailable adds to the concerns about the reliability of the trading platform. These factors contribute to a higher level of risk when considering investing with Flying Hummingbird. It is crucial to thoroughly research and carefully assess the potential risks and rewards before making a decision. Generally, it is recommended to choose brokers that are well-regulated to ensure the safety of your funds.
Flying Hummingbird offers a diverse range of trading instruments across various asset classes. These instruments include:
- Currency Pairs: Flying Hummingbird provides access to over 50 currency pairs, allowing traders to participate in the forex market and engage in currency trading. This includes major currency pairs such as EUR/USD, USD/JPY, and GBP/USD, as well as minor and exotic currency pairs.
- Indices: The platform enables trading on a selection of global indices, which represent the performance of specific stock markets. Traders can speculate on the price movements of indices like the S&P 500, FTSE 100, and Nikkei 225.
- Gold: Flying Hummingbird allows traders to trade the precious metal, gold. Gold is considered a safe-haven asset and is often used as a hedge against inflation or market uncertainties. Traders can take advantage of price fluctuations in the gold market.
- Commodities: The platform offers trading opportunities in various commodities, including oil, natural gas, agricultural products, and metals. Traders can speculate on the price movements of commodities and potentially benefit from volatility in these markets.
Flying Hummingbird provides a maximum leverage of 1:500, which is a significant amount of borrowing power that allows traders to amplify their trading position. Leverage essentially enables traders to trade larger volumes than their account balance would otherwise allow.
For example, if a trader has $1000 in their account and uses 1:500 leverage, they can potentially trade up to $500,000 worth of a particular financial instrument. This means that any profits or losses would be based on the total value of the trade, rather than just their initial investment. As a result, high leverage can potentially lead to high returns, assuming that traders make the right trading decisions.
However, it is important to note that while leverage can enhance returns, it can also significantly increase the level of risk taken by traders. Any losses incurred can be amplified by the amount of leverage used. Therefore, it is crucial for traders to consider the potential risks associated with high leverage and to use it with caution.
Flying Hummingbird provides the MetaTrader 5 (MT5) trading platform. MT5 is a powerful and popular trading platform that offers a wide range of features and tools for traders. It allows users to trade various financial instruments such as currencies, stocks, commodities, and more.
MT5 offers advanced charting capabilities, technical analysis tools, and a variety of built-in indicators that can assist traders in making informed trading decisions. The platform also supports automated trading through the use of expert advisors (EAs) and allows for the implementation of various trading strategies.
Flying Hummingbird offers its clients a range of deposit and withdrawal options, including Visa and Mastercard. When it comes to making a deposit, clients can select Visa or Mastercard as their preferred payment method within the Flying Hummingbird platform. They can enter the deposit amount and proceed to securely enter their card details. Flying Hummingbird accepts deposits in various currencies, and the deposited funds are typically credited to the client's trading account within a few minutes.
Our website displays reports of users being unable to withdraw funds and experiencing scams, highlighting the risks involved in trading on an unregulated platform. Before engaging in any trading activities, it is advisable to visit our platform and gather information. If you have come across fraudulent brokers or have personally been a victim, we encourage you to share your experience in the Exposure section. We greatly appreciate your contribution, and our team of experts will make every effort to address the issue and assist you in resolving any problems.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: 400-888-8888
Email: support@fhbinvest.com
It can be concluded that Flying Hummingbird is not a legitimate broker. They falsely claim to be regulated, when in fact they exceed the business scope regulated by United States NFA. As a result, there is no governmental or financial authority supervising their activities. Additionally, their website is inaccessible, raising concerns about the reliability of their trading platform. There have been reports of customers being unable to withdraw funds and instances of scams associated with this broker. Due to the lack of proper regulation and the associated risks, it is not recommended to invest with Flying Hummingbird.
Q 1: | Is Flying Hummingbird regulated? |
A 1: | No. Flying Hummingbird is not regulated. |
Q 2: | Does Flying Hummingbird offer demo accounts? |
A 2: | No. |
Q 3: | What platform does Flying Hummingbird offer? |
A 3: | It supports MT5. |
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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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