HB
Abstract：Registered on Aug 17, 2007, HB used to be regulated by VFSC (Vanuatu Financial Services Commission) but the license was revoked on Jun 8, 2019. The broker currently claims to be regulated by FCA (Financial Conduct Authority), but the license is suspected to be fake clone. Its official website is not functional so far, so there's limited transparency on its background and trading conditions. From minimal information we got to know that the company provides demo account and the well-acclaimed MT4 trading platform.
Note: HB's official website: https://www.fxhb.com/ is currently inaccessible normally.
HB Information
Registered on Aug 17, 2007, HB used to be regulated by VFSC (Vanuatu Financial Services Commission) but the license was revoked on Jun 8, 2019. The broker currently claims to be regulated by FCA (Financial Conduct Authority), but the license is suspected to be fake clone.
Its official website is not functional so far, so there's limited transparency on its background and trading conditions. From minimal information we got to know that the company provides demo account and the well-acclaimed MT4 trading platform.
Is HB Legit？
The broker's regulation by VFSC ((Vanuatu Financial Services Commission) was revoked on Jun 8, 2019 with official notice.
Currently, the company claims to be regulated by FCA (Financial Conduct Authority), but the Appointed Representative(AR) license with number 789267 is suspected to be fake clone. This is a sign that the company might not comply to the rules of any regulatory bodies.
 | Financial Conduct Authority (FCA) |
| Current Status | Suspicious Clone |
| Regulated by | United Kingdom |
| License Type | Appointed Representative(AR) |
| License No. | 789267 |
| Licensed Institution | HUIBAO GLOBAL MARKETS LIMITED |
Downsides of HB
Unavailable website: HB'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 FCA clone status of its regulation indicates less compliance to industry standards and customer protections of the broker. Trading with HB is of high risk.
Absence of customer service channels: HB does not provide any info on contact ways. Reliable brokers never behave like this.
Conclusion
In summary, HB is labeled as a dangerous broker with high risks to trade with. The company is under suspicious FCA clone status and does not maintain functional website or customer service channels for trader interaction. Lack of transparency of the broker makes it uncertain if the company already ceased operation or not. You should turn to those properly regulated brokers for better trading experience and fund safety.
Read more
Vonway Review: A Series of Unfair Account Suspension & Withdrawal Denial Complaints
Have made substantial profits through Vonway, but could not withdraw? Initiated the Vonway withdrawal request, but the same was denied on the grounds of hedging violation? Were your trade orders executed at an unfair price? Have you faced a trading account suspension by the broker without any explanation? These have allegedly become regular for many traders here. In this Vonway review article, we have shared a list of the top complaints against the forex broker.
Advanced Markets Exposed: Faulty Copy Trading & Execution Failures Cost Traders Dearly
Attracted to Advanced Markets for the expert-led copy trading experience? Did you earn profits from the copy trade executed by the expert hired by the forex broker? But did the broker question some trades even though you paid the performance fee to the expert? Is the trade order execution time too slow at Advanced Markets? Do you witness high slippage issues? You are not alone! Many traders have shared these concerns online. In this Advanced Markets review article, we have described some complaints. Take a look!
Is WisunoFX Safe? An Unbiased 2025 Assessment of Platform Risks and Red Flags
Is WisunoFX a safe broker for your money? The answer is not simple. After looking at everything carefully, the platform gets a score of 7.21 out of 10. This means it has both good points and serious risks. For traders who want to research before investing, WisunoFX has two sides: it offers good trading conditions, but it also has some structural and regulatory issues that need careful thought. The broker has been operating for 5-10 years and has built up a presence in the market. However, it's officially labeled as a "Medium potential risk" platform, which cannot be ignored. Before investing, it's important to compare its good points with its bad ones.
A Simple Guide to WisunoFX Rules: Understanding Safety and Risks When Trading
When evaluating any trading company, it is essential to conduct a thorough WisunoFX regulation check first. This broker operates under two distinct sets of rules, which you must understand carefully. First, it has a license from the Cyprus Securities and Exchange Commission (CySEC), which is a trusted European regulator. Second, it has another license from the Financial Services Authority (FSA) in Seychelles, which is located offshore. These two licenses don't give traders the same level of protection. The CySEC license means the broker must follow strict European Union financial rules, while the FSA license has much less supervision. This guide will explain what each license means to traders, look at the company structure behind the brand, and examine the safety factors every potential client should think about.
WikiFX Broker
Latest News
Vonway Review: A Series of Unfair Account Suspension & Withdrawal Denial Complaints
WikiFXBSN Scam Payouts Begin Next Week, Victims Finally Get Answers
WikiFXRate Calc
