HTFX is a Forex and Contract for Difference (CFD) brokerage firm registered in the United Kingdom on May 31, 2018. It primarily offers Forex and CFD investment and trading services in metals, commodities, indices, energy, and stocks to investors. The company is headquartered in London. HTFX's official website is https://www.htfx.com/, and it supports multiple languages, including English, Simplified Chinese, Traditional Chinese, Korean, Indonesian, Malay, Portuguese, Spanish, Thai, and Vietnamese. HTFX operates globally.
Corporate Background:
According to information from its official website, HTFX Limited is the registered entity in the United Kingdom, with registration number 11391132. It was registered on May 31, 2018, and its registered address is 20-22 Wenlock Road, London, England, N1 7GU. The company primarily caters to professional clients. Directors of the company include BENARROCH, Levy David, COVERDALE, Mark, and WILLIAMS, Stephen James. Silver Light Holding Ltd and Mr. Lijun Li are listed as the ultimate beneficial owners.
The entity registered in Saint Vincent and the Grenadines is also named HTFX Limited and was registered on January 17, 2023, with an address at Richmond Hill Road, Kingstown, St. Vincent and the Grenadines, and registration number 1659. This entity primarily serves retail clients.
HTFX (EU) Ltd, registered in Cyprus, formerly known as CDG Global (EU) Ltd and Evest LTD, was registered on October 21, 2015, with an address at Ευτυχίδη, 6, Ground Floor 3048, Λεμεσός, Κύπρος, and registration number 348087. Directors of the company include LI LIJUN, ΚΥΡΙΑΚΟΣ ΧΑΤΖΗΚΥΡΙΑΚΟΥ, MAHESH UDHARAM VASWANI, ΛΑΜΠΡΟΣ ΣΩΤΗΡΙΟΥ, and ΠΕΤΡΟΣ ΖΑΧΑΡΙΑΔΗΣ.
The official website of HTFX is https://www.htfx.com/, and according to Whois data, the domain was registered on October 3, 2001.
Regulatory Status:
The entity registered in the UK, HTFX Limited, holds a financial license from the Financial Conduct Authority (FCA), which became effective on March 25, 2019. During the investigation on the FCA website, it was found that the company was formerly known as CDG Global Markets.
HTFX (EU) Ltd, registered in Cyprus, is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 332/17, effective from August 7, 2017.
Market Instruments:
HTFX offers various trading instruments, including:
- Forex: Trading in the global foreign exchange market, involving the buying and selling of different national currencies.
- Stock CFDs: Trading Contract for Difference in stocks of various companies, allowing investors to profit from price fluctuations without owning the actual stocks.
- Energy CFDs: Trading in financial derivatives related to energy commodities like crude oil and natural gas.
- Commodity CFDs: Trading in derivatives based on commodities, which are highly volatile assets.
- Index CFDs: Trading in derivatives that track the performance of specific industries or well-known collections of stocks.
- Metal CFDs: Trading in derivatives based on the future price fluctuations of metals like gold and silver.
Account Types:
HTFX offers three types of accounts: ECN ACCOUNT, STANDARD ACCOUNT, and CENT ACCOUNT. All three accounts charge overnight swap fees and allow the use of Expert Advisors (EAs). The minimum trade volume for all three accounts is 0.01 lots, with a margin call level set at 100% and a stop-out level at 30%. The maximum leverage offered is 1:500 for all account types.
- ECN ACCOUNT: Requires a minimum deposit of $500 and offers Forex, metals, commodities, indices, energy, and stock trading with zero spreads and a commission of $7 per lot traded.
- STANDARD ACCOUNT: Requires a minimum deposit of $50 and offers Forex, metals, commodities, indices, energy, and stock trading with spreads starting at 1.5 pips, without a trading commission.
- CENT ACCOUNT: Requires a minimum deposit of $50 and offers Forex, metals, and energy trading with spreads starting at 1.5 pips, without a trading commission.
Trading Platforms:
HTFX provides users with two trading platforms: MT4 (MetaTrader 4) and MT5 (MetaTrader 5).
Customer Support:
Users can contact support via email at support@htfx.com. For further assistance or inquiries, investors can use the "Contact Us" option on the broker's official website.
Summary:
HTFX is a Forex and CFD brokerage firm regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. However, the entity serving retail clients is located in Cyprus.
