Hitradex-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2026-04-20 22:28

Abstract：Hitradex is allegedly a foreign exchange and CFD broker founded in 2018. It provides its clients with self-developed trading platforms, offering leverage up to 1:1000, low spreads starting from 0 pips on over 50 tradable assets, as well as a choice of three different account types and 24/7 customer support services. However, Hitradex operates completely unregulated.

Note: Hitradex's official website - https://hitradex.com/ is currently inaccessible normally.

Hitradex Review Summary
Founded	2018
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	50+, Cryptocurrencies, Indices, Forex, Commodities
Demo Account	❌
Leverage	1:1000
EUR/USD Spread	From 0 pips
Trading Platform	Web
Min Deposit	0.1 BTC (Covesting account)
Customer Support	24/7 live chat
Customer Support	Twitter, Facebook, Telegram and YouTube

Hitradex is allegedly a foreign exchange and CFD broker founded in 2018. It provides its clients with self-developed trading platforms, offering leverage up to 1:1000, low spreads starting from 0 pips on over 50 tradable assets, as well as a choice of three different account types and 24/7 customer support services. However, Hitradex operates completely unregulated.

Pros and Cons

Pros	Cons
Various trading choices	Unavailable website
Multiple account types	No regulation
Commission-free account offered	No demo accounts
24/7 live chat support	No reliable platform
	High minimum deposit (0.1 BTC)

Is Hitradex Legit?

Hitradex is owned by Hitradex Trading Services LLC, a company registered in Saint Vincent and the Grenadines (SVG). However, SVG is an offshore jurisdiction that lacks regulatory standards, making it a favorite operating base for unscrupulous brokers. As a result, dealing with a broker like Hitradex implies a complete lack of safety.

What Can I Trade on Hitradex?

Hitradex advertises that it offers over 50 trading instruments in financial markets, including cryptocurrencies such as Bitcoin, stock indices, forex pairs, and commodities like precious metals, gas, and oil.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

There are three types of accounts mentioned on Hitradex's platform: Margin, Covesting, and Turbo. To open a Covesting account, a minimum initial deposit of 0.1 BTC is required, quates to approximately 9694.28 USD. However, the official website does not directly mention the minimum deposit requirements for the other two account types.

Account Type	Min Deposit
Margin	/
Covesting	0.1 BTC
Turbo	/

Leverage

The leverage offered by Hitradex differs based on the trading assets in question. For example, the broker provides a leverage of 1:1000 for forex trading and 1:100 for cryptocurrency trading.

Also, traders holding different account types can enjoy different maximum leverage ratios. Clients on the Margin account can enjoy leverage as high as 1:1000, while the Covesting account can experience leverage up to 1:100.

Account Type	Max Leverage
Margin	1:1000
Covesting	1:100
Turbo	/

Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreadand Commission

The broker merely mentions on its website that spreads “start from 0.0 pips” and commissions “start from 0.001%”. Currently, it is unclear what the maximum levels are and what exactly determines the amount of commissions.

Account Type	Spread	Commission
Margin	From 0 pips	From 0.001%
Covesting	From 0 pips	From 0.001%
Turbo	/	❌

Trading Platform

Hitradex claims to offer an advanced web-based trading platform and provides video tutorials on how to use it. However, upon registering for an account, we found that the promised platform was nowhere to be found. Instead, the dashboard only featured a basic chart that was not functional for trading. This platform is different from the one advertised on the website and cannot be compared to the professional and leading MT4 or MT5 platforms.

Trading Platform	Supported	Available Devices	Suitable for
Web-based platform	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Hitradex offers a range of popular payment methods, including MoneyGram, Neteller, PayPal, and Skrill, alongside cryptocurrency and an unknown payment system called Ada. Cryptocurrency is a favored tool among scammers due to the difficulty in tracing transactions and the fact that cryptocurrency payments are often non-refundable.

Leverage Broker Dealer Forex trading Forex Broker forex pips

Related broker

Not Regulated

Hitradex

Company name：Hitradex

Score

1.49

Website：https://hitradex.com/

2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.49

KAMA Capital Review: Do Traders Lose Due to Slippage & Inappropriate Liquidation?

Looking to trade through KAMA Capital, a Mauritius-based forex broker? You must read user reviews concerning fund safety with this brokerage entity. The company, which has been around for two-five years, has received some negative reviews recently for its several trading activities. Users have reported these experiences on broker review platforms such as WikiFX. The negative KAMA Capital reviews highlight serious slippage issues, coupled with inappropriate liquidation issues. The article aims to provide a clear picture of these user allegations along with a regulatory overview of the broker. This will help you make an informed trading decision. Read on!

Original 2026-05-08 22:04

MTRADING User Reputation: A Deep Look into Real Complaints and Warning Signs

When traders look for information about a broker, their biggest worry is always capital safety. The question, "Is MTRADING safe or scam?" gets right to the point. Based on checkable information from worldwide broker regulatory websites, the answer comes with serious warnings. MTRADING operates with major warning signs, especially a status of "No Regulation" and a very low trust score. WikiFX, a third-party checking service, gives the broker an extremely low rating and clearly warns of "High potential risk". This article will break down the proof behind this conclusion. We will look at MTRADING's regulatory status, examine real user complaints recorded on public websites, and check its platform features to give a clear, fact-based view for any potential user.

Original 2026-05-08 19:23

MTRADING Legitimacy Check: Is This a Fake Broker or a Legitimate Trading Partner?

You're asking 'Is MTRADING legit?' or worried about an 'MTRADING scam', and that's the right question to ask before risking your funds. A deep look into MTRADING's background shows major warning signs that should make you very careful. This isn't a simple yes or no answer; it's a fact-based review of the risks. Our research, using data from independent broker checking websites like WikiFX, shows MTRADING has a very low score, which means there are serious problems. The main worries are about whether it's properly regulated and the troubling number of customer complaints.

Original 2026-05-08 17:33

Core Prime Withdrawal & Deposit: What You MUST Know Before Funding Your Account

For any trader, understanding how to move funds is extremely important. How you add funds to your account and, more importantly, how you take them out, including the profits earned on the platform, can shape your entire trading experience. You are likely here looking for specific information about Core Prime deposit and Core Prime withdrawal methods. This guide will explain the payment options the broker claims to offer. However, knowing the process is only part of the story. The other, more important part involves understanding the risks and whether the broker can be trusted. A nice-looking website and many payment options mean nothing if your capital is not safe. The main question we need to ask is not just *how* you can withdraw funds, but *if* you can. Can you trust that your funds will be safe and your withdrawal requests will be processed? Let's look at the facts.

Original 2026-05-08 14:58