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huitong Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-07-30 13:49

Abstract:Founded in 2023, huitong is a brokerage company with a suspicious clone license registered in the United Kingdom. The company offers the MetaTrader 4 (MT4) platform.

  Note: huitong's official website: https://www.fxhtworld.com/ is currently inaccessible normally.

huitong Information

  Founded in 2023, huitong is a brokerage company with a suspicious clone license registered in the United Kingdom. The company offers the MetaTrader 4 (MT4) platform.

huitong

Is huitong Legit?

FCA
Financial Conduct Authority (FCA)
Current StatusSuspicious Clone
Regulated by United Kingdom
License TypeInvestment Advisory License
License No.149028
Licensed InstitutionMonument Securities Limited

  huitong claims regulation by the Financial Conduct Authority (FCA) in the United Kingdom. However, huitong's current status is “Suspicious Clone”. This means their license may be fake. We advise traders to look for a regulated one.

Downsides of huitong

  • Unavailable Website

  huitong's official website is currently inaccessible. We can not get first-hand information from its website.

  • Lack of Transparency

  There is a notable lack of information about huitong available online. Its legality and safety are debatable.

  • Regulatory Concerns

  huitong currently only holds a suspicious clone license. Its safety and legitimacy are doubtful.

  • Withdrawal Difficulty

  According to a report on WikiFX, many users encountered significant difficulties with fund withdrawals.

Negative huitong 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.

Negative huitong Reviews on WikiFX

  As of now, there are 10 pieces of huitong exposure in total. I will introduce 2 of them.

  Exposure 1. Cannot withdraw

ClassificationUnable to Withdraw
Date2020-03-11
Post CountryHong Kong China

  The user said that the company's customer service kept holding off. You may visit: https://www.wikifx.com/en/comments/detail/202003114552169985.html

  Exposure 2. Cannot withdraw

ClassificationUnable to Withdraw
Date2021-09-17
Post CountryMalaysia

  The user said that he communicated with the staff about the transaction process and made some profits. But they rejected his withdrawal due to illegal trading. You may visit: https://www.wikifx.com/en/comments/detail/202109177892221236.html

Conclusion

  Trading huitong can put your security at danger. Their licensing as a “suspicious clone” under the National Futures Association (NFA) creates doubts about their regulatory current. To ensure the safety of your money, we encourage traders to use regulated brokers with open business practices.

Related broker

No Regulation
huitong
Company name:汇通国际金融集团
Score
1.60
Website:http://www.fxhtworld.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.60

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