Home -

Main body -

WikiFX Express

TMGM

HB

WikiFX | 2026-04-20 23:38

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on Aug 17, 2007, HB used to be regulated by VFSC (Vanuatu Financial Services Commission) but the license was revoked on Jun 8, 2019.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Registered on Aug 17, 2007, HB used to be regulated by VFSC (Vanuatu Financial Services Commission) but the license was revoked on Jun 8, 2019.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The broker's regulation by VFSC ((Vanuatu Financial Services Commission) was revoked on Jun 8, 2019 with official notice.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.

Broker Dealer Forex trading

Related broker

Not Regulated

Company name：HUIBAO GLOBAL MARKETS UK LIMITED

Score

1.45

5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.45

Is TradingPRO Safe? FCA Warning, Indonesia Blocklist Evidence, and 7 Checks Before You Deposit

This Trading Pro broker review checks the FCA warning, Indonesia blocklist evidence, licence claims, and what South Asian users should verify before depositing.

Original 2026-07-24 18:49

MT4 White Label Cost in 2026: What Brokers Must Budget Beyond the Platform Fee

The visible fee in an MT4 white label proposal is rarely the real cost of operating it. For an existing broker, the decision is not simply whether an MT4 white label platform is “cheap” or “expensive.” The real question is whether the commercial model remains viable after integration, support, data, client migration, compliance, and exit costs are included. That is why an MT4 white label cost review should be built as a 24- to 36-month operating case. It should compare three credible choices: 1. Keep the present MT4 setup and improve its weakest controls. 2. Replace the MT4 white label provider but retain the client proposition. 3. Migrate selected clients or products to another platform while running MT4 in parallel. This guide explains how to build that case without relying on headline prices or generic vendor claims.

Industry 2026-07-23 21:38

The Rise of Deepfake Investment Scams: ASIC Shares Key Warning Signs

Artificial Intelligence (AI) has grown remarkably recently. However, it has also amplified the scope for financial fraud. One such is the rapid use of deepfake technology involving AI-generated videos, images and audio clips imitating real people. Fraudsters are leveraging these technologies to impersonate financial advisers, celebrities, business leaders and government officials to lure victims into fake investment schemes. Understanding the emerging implications, the Australian Securities and Investments Commission (ASIC) has cautioned investors of investment avenues promoted through convincing AI-generated content. Seemingly authentic, deepfakes are designed to manipulate trust and make people transfer funds before authenticating the investment’s legitimacy.

Original 2026-07-23 21:25

Best White Label Trading Platform 2026

The decision to switch white label providers or migrate to a modern white label trading platform is no longer a luxury for growth-minded brokers—it's a strategic necessity for survival in 2026. The convergence of technological stagnation, regulatory evolution, and shifting client expectations has created a perfect storm.

Original 2026-07-22 22:07