HQBroker is an unregulated forex and also a CFD broker with a complicated corporate structure. The company that owns HQBroker is Hokkaido Investments Sp. This company claims to operate out of Poland, although they don’t have a license. Anther company operates the broker, Capzone Invest Ltd. This company operates out of the Marshall Islands, a popular haven from financial regulations.To get more news about hqbroker, you can visit wikifx.com official website.

The available assets with HQBroker aren’t particularly impressive. Their currency pair selection is much worse than similar broker TradeZMarket. They also have a standard selection of CFDs on stocks and commodities. Their clients have access to MetaTrader 4, the industry-standard platform for online forex and CFD brokers.

HQBroker has warnings from several financial regulators. The FCA warned in 2018 that the broker was offering financial services to UK residents without the proper authorization. In Canada, where these warnings come at the provincial level, three provincial regulators put out warnings that the broker was offering services without registration. These came following similar warnings from the Securities and Futures Commission of Hong Kong.

There are four different account types at HQBroker. They go from Regular up to Platinum. Their Regular account has a minimum deposit of $250. Users who put down a bigger deposit can get a better account with better spreads. The Platinum account requires a whopping $100,000 deposit. The broker also gives higher accounts access to higher leverage. Even a Regular account can go as high as 1:400, very risky leverage for inexperienced traders.

In conclusion, warnings against unregulated brokers don’t always reach investors in time. If you’ve already lost your deposit trading with an unregulated broker, you can contact us today to find out how you can get your money back through our chargeback system.