Global Broker Regulation Inquiry App
WikiFX
ryad22
1-2 years

Is it possible to deposit funds into my HMFS account with cryptocurrencies such as Bitcoin or USDT?

Broker Issues
HMFS
Withdrawal
Deposit
08-27
United States
WikiFX
Reply

In my experience as a trader, when choosing a broker, it’s absolutely essential for me to know not just what I can trade, but also the options I have for funding my account safely and reliably. Looking into HMFS, I noticed that while they do offer equity brokerage services and their own proprietary HMFS Insta Trade platform, their site and public information provide very limited transparency around deposit methods. Specifically, there is no mention of support for cryptocurrency deposits such as Bitcoin or USDT. For me, the absence of such information—especially when combined with important red flags like a lack of valid regulatory oversight and a high-risk warning—raises significant concerns. Generally, I tend to gravitate toward brokers that clearly outline all available deposit and withdrawal methods, as transparency and fund safety are paramount in my decision-making. Furthermore, without regulation or industry-standard trading platforms like MT4/MT5, I remain especially cautious. Based on what is available from HMFS, the minimum deposit is listed in Pakistani rupees, with no reference to cryptocurrencies. Therefore, I personally would not expect Bitcoin or USDT deposits to be supported. If using crypto funding is a requirement for you, I strongly recommend confirming this directly with HMFS before proceeding, and exercising extra caution with any unregulated broker.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com