Should You Trade with also has another name–HSFXTrade. Having several names isn’t a good sign. It’s like an alias used by a dodgy operation. In addition, has no license. It’s not worth trusting an unregulated broker. Also, guarantees returns in the double digits,from 20% to 100% depending on the amount of money deposited. This broker demands $1,000 as a minimum deposit on accounts, which is 10 times more than the average minimum. 

We Have Found Some Problems with demands its clients make deposits into their accounts only through cryptocurrency. A reliable broker should offer several payment options, including credit cards or online payment platforms. These can be traced easily and chargebacks are available through a third party. The fact that demands only cryptocurrencies demonstrates they prefer having clients’ money deposited in anonymous bitcoin wallet. 

Red Flags Concerning

  • No license
  • False claims
  • High minimum 
  • Has an alias 
  • Negative reviews

What Should You Do If You Have an Account with

We do not recommend opening an account with If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to ChargeBax professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.

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