Harmontradingcompany is a CFD broker whose official website domain was registered on February 3, 2024. This broker primarily offers investment services to investors in markets such as forex, commodities, indices, stocks, and cryptocurrencies. It does not provide services to countries and regions where doing so would violate local laws or regulations.
Company Registration and Regulatory Status
According to publicly available information on the Harmontradingcompany (harmontradingcompany.com) website, the broker's company entity is registered in the United Kingdom and is regulated by the Australian Securities and Investments Commission (ASIC). However, all clients will directly engage with Harmontradingcompany A/S, and all client agreements will be with Harmontradingcompany A/S, hence subject to Danish law. Apart from this, the broker does not disclose detailed registration information of the company entity and its regulation.
Upon investigation, no registration information for a company named "Harmontradingcompany" was found in the UK Companies House, the Australian Securities and Investments Commission (ASIC), or the Danish Financial Supervisory Authority (Danish FSA).
Therefore, Harmontradingcompany (harmontradingcompany.com) is essentially a scam broker website with no company entity and no regulation.
Trading Instruments:
Harmontradingcompany offers customers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific sector without trading individual stocks. Exploring popular indices can uncover diverse trading opportunities and leverage high returns.
- Commodities: Commodity trading covers key resources in global markets, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations and dividends of public companies based on their performance, without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts opportunities to profit from highly volatile assets.
Account Opening Process
To open a trading account with Harmontradingcompany, visit the broker's official website, click on "Open Account" in the top right corner, fill in personal details such as name, phone number, email, and set a login password, then submit. The account will be successfully registered after verification.
Investment Plans
Harmontradingcompany offers four types of investment plans: Bronze Plan, Silver Plan, Gold Plan, and Platinum Plan.
Bronze Plan:
- Minimum Deposit: $500
- Maximum Deposit: $999
- Duration: 7 days
Silver Plan:
- Minimum Deposit: $1,000
- Maximum Deposit: $4,999
- Duration: 14 days
Gold Plan:
- Minimum Deposit: $5,000
- Maximum Deposit: $9,999
- Duration: 30 days
Platinum Plan:
- Minimum Deposit: $10,000
- Maximum Deposit: $50,000
- Duration: 60 days
Trading Platform
Harmontradingcompany claims to offer the MT5 trading platform, but the broker's information cannot be found on MT5.
Deposits and Withdrawals
The Harmontradingcompany website does not disclose the supported deposit and withdrawal methods.
Conclusion:
Traderknows reminds investors that Harmontradingcompany is a scam broker that lures investors with promises of high returns. The website has no actual company entity or regulation, and the contact method is limited to email only. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and reputable to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
