HQBroker Review – is it scam or safe? HQBroker offers four fr global advisors bitcoin of live trading accounts, but there is no clearly displayed specific information about the spreads or the leverage offered by the broker. The spreads, in particular, are a very important element of the trading and can be a deal-breaker. Normally, the brokers are trying to attract clients indeed by offering more favorable spreads than their competition, at least at first sight.
It is true that the leverage can also be attractive, but the more experienced traders know very well that the leverage can be a double-edged knife and the higher the leverage, the bigger the risk, especially when the minimum required deposit is higher. CFDs on commodities, equity shares, metals and stocks. In addition to the live trading accounts, HQBroker also offers a demo account for testing purposes. HQBroker brand is operated by Hokkaido Investments Sp. However, according to the information in the HQBroker’s terms and conditions, another company acts as a principal broker for the Hokkaido Investments Sp. The thing about offshore companies with flimsy regulation, if they have any at all, are extremely risky to deal with, no matter what they tell you.
The Marshall Islands, Saint Vincent and the Grenadines, the Seychelles or other sunny places with nice beaches, low taxes and lax business requirements, more often than not attract fraudulent companies looking to make a quick buck and make off with their clients’ money. There is also the option to use the mobile applications of MT4 or the web-based version. In over a decade MT4 has managed to become the favorite of brokers and traders alike. MT4 is a stable and reliable multiasset platform that offers numerous features and options, charting and analysis tools and supports expert advisors. CashU, Paysafe Card, Web Money, Yandex Money, Skrill, Moneta.
All options, except the bank transfer, are executed instantly. We strongly advise against trading with unregulated forex brokers like HQBrokers. There are plenty of properly regulated brokers who offer similar or better trading conditions and are supervised by serious regulators like UK’s FCA or the ASIC. FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.
XM is broker with great bonuses and promotions. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. 0 pips, Level II Pricing and Full Market Depth. FBS is a broker with cool marketing and promotions.
It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions. I have been trading with HQ Brokers for the last 4 months and have come to realise that they are a bunch of liars. All they ever want is for you to invest more and more money and when you try to withdraw your money they come up with every story possible to convince you to keep your money with them. I used to work for iqor in clark pampanga philippines as an account manager.
Their cover story is services for customer support. They are just like IBD calling customer from Australia, New zealand, South Africa and Europe to convince them to invest money for their operation! For those of you who were scam by HQ Broker, go ahead and read the following news. They’re just exploiting the Filipinos and used them as accessories to their doings. Guys, the name of the company is BSD, and like IBD they’re also operating in Clark, Pampanga. I have never ever mentioned this to anybody as I don’t want to start trading. I could hear the fake American accent a mile away.