HCFX

Note: HCFX's official website: http://en.hcfx.com/ is currently inaccessible normally.

HCFX Information

HCFX is a brokerage firm that offers many trading instruments across multiple asset classes including forex, metals, crypto, indices, commodities, shares, and cryptocurrencies. It provides both Standard accounts and free demo accounts through MetaTrader 5 with high leverage up to 1:1000 and spreads starting from 1.5 pips.

Pros and Cons

Is HCFX Legit?

HCFX was a Financial Service Corporation regulated by the Financial Service Providers Register (FSPR) in New Zealand with a license number of 646029. But the license is revoked now.

Besides, HCFX once had a Common Financial Service License regulated by the National Futures Association (NFA) in the United States with a license number of 0508498. But it is unauthorized.

What Can I Trade on HCFX?

HCFX offers many trading instruments across different asset classes, including forex, metals, crypto, indices, commodities, shares, and cryptocurrencies.

Account Type

HCFX offers both Standard accounts, which require a minimum deposit of $20, and free demo accounts for traders.

HCFX Fees

HCFX provides spreads starting from 1.5 pips. The company does not charge any commissions for trading pairs, metals, indices, commodities, and stocks. But the commission rate for cryptocurrencies is 0.8% per lot.

Trading Platform

Deposit and Withdrawal

HCFX requires a minimum deposit of $20 for Standard accounts.