Reason to avoid: Offshore license
Listed Date: August 30, 2018
Top 3 Regulated Forex Brokers
- Company name: Capzone Invest Ltd.
- Registration/license: Marshall Islands
- Registration/license requirement: USD 2,000
HQBroker is an offshore company that offers trading in forex pairs and CFDs. HQBroker is powered by Capzone Invest Ltd.; all investments and ancillary services are offered through its entity, operating in Hong Kong, with a registered address in the Marshall Islands. This is the info provided on the website, but actually, the broker is not registered in Hong Kong and was blacklisted by the Securities and Futures Commission of Hong Kong. We strongly advise avoiding trading with unregulated forex brokers like HQBrokers. There are a lot of properly regulated brokers who offer better trading conditions and supervised by serious agencies like FCA in the UK or ASIC in Australia. Besides, many of the regulators protect the investments of their clients. Check the list of the FCA-regulated brokers here.