HybridReserve is an unlicensed Forex / Crypto Currency CFD broker, which opened in June 2018.
For withdrawal issues and complaints, read this.
WARNING!!! Hybrid Reserve is NOT Licensed by ASIC
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Hybrid Reserve Reviews
HybridReserve gives their clients and investors a web based trading platform made by Proftit. Their trading software has CFD’s available on Forex pairs and most Crypto Currency and virtual coins. Multiple account types are offered, with the minimum deposit for a standard account starting at $250. The difference in levels of leverage offered ranges from 1 – 40 depending on the underlying asset and account type.
Bonus money is offered to all accounts, and it is important for investors to understand the conditions that are attached to a bonus. Make sure to read their terms and conditions page, so that you will not have a problem when you want to withdraw your profits.
WARNING! Do not use any trading signals software until you read this article.
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Does Hybrid Reserve Have a License?
No, Hybrid Reserve is not a licensed broker. On February 19th 2019, FSMA Belgium warned that this company is a scam, read warning.
When the Scam Broker Investigator reviews a new Crypto Currency broker, to see if they are a legitimate or scam broker, is by checking for a valid license. Legal Forex brokers are licensed by a government regulator like; FCA United Kingdom or ASIC Austalia.
HybridReserve is operated by either SingleBell LTD, which is located at: Trust Company Complex, Ajeltake Road, Republic of the Marshall Islands, or SingleBell OU located at Harju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-K444, 10119 Estonia. Their phone number is United Kingdom: +442038077287. Customer support email address is: support@HybridReserve.com, and the official website is: https://www.HybridReserve.com.
Smart traders always verify that the broker they are going to invest with, is actually licensed in their local country of residence. You can find a list of all the popular Forex brokers here.
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What was your trading experience with HybridReserve like? Please leave your review in the comments below.