Investigating or researching brokers is one of the most important steps to protect your money from scammers. That is why we have written the HBC Broker Review after long research and found the broker to be a potential scam.
Many signs make this broker a scammer. Read this HBC Broker review to uncover everything to make yourself aware of this scam broker. We suggest you look at our routinely refreshed list of scam brokers 2022 to guarantee your money will not go into the hands of a scammer.
Broker Website – hbcbroker.com
Address – Suite 2, 5 St Vincent Street, Edinburgh, Scotland, EH3 6SW
Warned By – Financial Conduct Authority (United Kingdom)
HBC Broker Domain Status
|Date Registered||March 07, 2016|
|Domain Age||6 years, 6 months, 21 days, 23 hours, 43 minutes, 31 seconds|
HBC Broker Review: Introduction
HBC Broker is an online trading broker that claims to be located in Scotland. It is owned by MPG Partners, MPG INVEST Limited, and the website is found at hbcbroker.com. They can be contacted by email at firstname.lastname@example.org or by phone at +442038683295. HBC Broker claims to provide forex and CFDs on commodities, indices, and stocks. Don’t be easily believed in these claims and offers because most of them are not true. Read a complete HBC Broker Review to learn more about this broker.
HBC Broker claims to be registered in the UK by the UK regulatory body FCA (Financial Conduct Authority). But the claim will fail when we know that the FCA issued a public warning against this broker. According to the FCA, HBC Broker is not registered with them and provides financial services illegally without any regulated license. Also, this broker is blacklisted by them. If you want to start trading, check the broker’s license on its regulator’s site. Read the cryptocurrency scams list to avoid the scams.
The minimum deposit of HBC Broker is $250, which is more than the industry standard of $100. Legitimate brokers offer a minimum deposit of $100 to their clients. It is important to remember that such deposits are insufficient for trading in the global financial market.
Deposit and Withdrawal Method
HBC Broker offers several deposit and withdrawal methods, which include Bank transfer, Credit/Debit cards, Neteller, Skrill, and WebMoney. While transferring money, bank transfer can take more time than the other methods.
Customer Review and Ratings
Fraud Reports Online determined that this broker might not be legitimate and may be a potential scam broker. With the help of this review and after reviewing all the positive and negative HBC Broker review, we found that HBC Broker is a scam broker and involved in illegal activities. To avoid these scams, we have listed this broker in our list of scam brokers for 2022.
How does the HBC Broker scam work?
Scam brokers frequently use a variety of channels to get in touch with you, including social media, phone calls, and email. They will phone you to ask you to invest money with them if you find this advertisement interesting. Once you invest with them, their need for further funds to make investments will grow daily. When you try to withdraw money with them, you will eventually realize that they are unreliable and that you were taken advantage of by a shady broker or that you are a victim of a cryptocurrency scam, a forex scam, an investment scam, a romance fraud, a gift card scam, or any other online scam. Before investing with a broker, we urge you to always check their regulated licensing on the regulator’s website.
If you are a victim of an HBC Broker or any other scam broker, file a chargeback for fund recovery. Fill out a complaint form on the Fraud Reports Online website. Our experts will provide you a free consultation, and we will guide you in the process of fund recovery.
Also, if you are a victim of a forex scam, binary scam, cryptocurrency scam, romance scam, tax scam, pension scam, or any other scam, file a complaint against HBC Broker and tell us your case. Let us help you in fund recovery!
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Also, check New Zealand’s FMA blacklisted brokers here.