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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

huitong

United Kingdom|5-10 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

http://www.fxhtworld.com/

Website

Rating Index

Contact

http://www.fxhtworld.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Other ways of contact

Broker Information

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Company Name

汇通国际金融集团

Abbreviation

huitong

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The United KingdomFCA regulation (license number: 149028) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

huitong · WikiFX Survey
Danger A Visit to huitong in UK -- Finding No Office
United Kingdom

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huitong · Company Summary

Note: huitong's official website: http://www.fxhtworld.com/ is currently inaccessible normally.

huitong Information

Founded in 2023, huitong is a brokerage company with a suspicious clone license registered in the United Kingdom. The company offers the MetaTrader 4 (MT4) platform.

huitong

Is huitong Legit?

FCA
Financial Conduct Authority (FCA)
Current StatusSuspicious Clone
Regulated by United Kingdom
License TypeInvestment Advisory License
License No.149028
Licensed InstitutionMonument Securities Limited

huitong claims regulation by the Financial Conduct Authority (FCA) in the United Kingdom. However, huitong's current status is “Suspicious Clone”. This means their license may be fake. We advise traders to look for a regulated one.

Downsides of huitong

  • Unavailable Website

huitong's official website is currently inaccessible. We can not get first-hand information from its website.

  • Lack of Transparency

There is a notable lack of information about huitong available online. Its legality and safety are debatable.

  • Regulatory Concerns

huitong currently only holds a suspicious clone license. Its safety and legitimacy are doubtful.

  • Withdrawal Difficulty

According to a report on WikiFX, many users encountered significant difficulties with fund withdrawals.

Negative huitong Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative huitong Reviews on WikiFX

As of now, there are 10 pieces of huitong exposure in total. I will introduce 2 of them.

Exposure 1. Cannot withdraw

ClassificationUnable to Withdraw
Date2020-03-11
Post CountryHong Kong China

The user said that the company's customer service kept holding off. You may visit: https://www.wikifx.com/en/comments/detail/202003114552169985.html

Exposure 2. Cannot withdraw

ClassificationUnable to Withdraw
Date2021-09-17
Post CountryMalaysia

The user said that he communicated with the staff about the transaction process and made some profits. But they rejected his withdrawal due to illegal trading. You may visit: https://www.wikifx.com/en/comments/detail/202109177892221236.html

Conclusion

Trading huitong can put your security at danger. Their licensing as a “suspicious clone” under the National Futures Association (NFA) creates doubts about their regulatory current. To ensure the safety of your money, we encourage traders to use regulated brokers with open business practices.

Review 11

11 Comments
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All(11) Latest Positive(1) Exposure(10)
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