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HQBroker Review

On December 14th 2018, the Ukrainian Police busted this scam operation, and arrested 7 people!

If you lost money at this broker, go here.

HQBroker

HQBroker was an unlicensed Forex broker that opened in October 2017. HQBroker claimed to be owned and operated by CapZone Invest Ltd. Officially they are located in the Marshall Islands, but they list an address of: 7/F Low Block, Grand Millennium Plaza, 181 Queen’s Road Central, in Hong Kong.

Contact phone numbers are; Ireland: +35 31 513 3282, and Australia: +61 28 311 2126. Contact email address is: [email protected].

HQ Broker Reviews

Investors at HQ Broker are given access to the Meta Trader 4 trading platform, which has a Web Trading version and mobile apps for Android & iOS. They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities (oil, gold silver), Indices and CFD’s for shares trading.

HQ Broker’s website is available in multiple languages including; English, French, Spanish, Portuguese, Italian and Russian. Their minimum deposit for a new trading account is $250. Like all MT4 brokers you can create a demo trading account to test out the platform.

HQBroker Forex Account Types
HQBroker Forex Account Types

HQBroker License & Regulations

Scam Broker Investigator has a simple test we do to determine if a broker is legitimate or not. We check to see if the broker is licensed and regulated in their local country. By using a regulated forex broker, you are trusting the financial regulator, to ensure that the broker is able to fulfill their obligations to clients.

HQBroker is not a licensed broker.

You can find a list of popular Forex brokers that are licensed in your country, look here.

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Compare Forex Brokers

There are many Forex brokers to choose from, and the way to compare broker is by looking at their spreads, minimum deposit, trading platform and license.