HiloAssets is a contract for difference (CFD) broker established in 2024, headquartered in the United Kingdom. The platform is regulated by the Belize Financial Services Commission (FSC) and primarily offers CFD trading services in markets such as forex, cryptocurrencies, indices, commodities, and stocks.
Corporate Services
Account Types
HiloAssets offers demo accounts and three different types of real trading accounts: Classic Account, Optimum Account, and Pro Account, each available in personal and business versions. Details for the personal accounts are as follows:
Classic Account
- Minimum deposit: $100
- Spreads: Starting from 0.5 pips
- Minimum trading volume: 0.01 lots
- No trading commissions
- Cashback up to $2 per side per standard lot ($100,000 nominal value)
- Trading leverage: Forex, Metals — up to 1:200
- Margin for hedging/locking positions: 50%
- Execution method: NDD (No Dealing Desk), Market Execution
- Margin call level/stop-out level: 25%/15%
- Trading products: 36 currency pairs, indices, precious metals, energy, cryptocurrencies, etc.
- Demo account: Available
Optimum Account
- Minimum deposit: $10
- Spreads: Starting from 1.5 pips
- Minimum trading volume: 0.01 lots
- No trading commissions
- Cashback up to $2 per side per standard lot ($100,000 nominal value)
- Trading leverage: Forex, Metals — up to 1:1000
- Margin for hedging/locking positions: 50%
- Execution method: NDD (No Dealing Desk), Market Execution
- Margin call level/stop-out level: 25%/15%
- Trading products: 36 currency pairs, indices, precious metals, energy, cryptocurrencies, etc.
- Demo account: Available
Pro Account
- Minimum deposit: $100
- Spreads: Starting from 0 pips
- Minimum trading volume: 0.01 lots
- Trading commission: $3.5 per side per standard lot ($100,000 traded). For high volume users, commission decreases to $1.5 per side.
- Leverage: Forex, Metals — up to 1:200
- Margin for hedging/locking positions: 50%
- Execution method: NDD (No Dealing Desk), Market Execution
- Margin call level/stop-out level: 25%/15%
- Forex CFDs: 36 currency pairs
- Trading products: 36 currency pairs, indices, precious metals, energy, cryptocurrencies, etc.
- Demo account: Available
Trading Platform
According to the HiloAssets website, it offers MT4 and MT5 trading platforms for users, compatible with both desktop and mobile devices. However, the website only provides a web-based trading application and does not offer download links for MT4 or MT5. Additionally, no information related to HiloAssets can be found on the official MT4 and MT5 platforms.
Deposit and Withdrawal Methods
HiloAssets currently only supports cryptocurrency transactions for deposits and withdrawals. No other options are offered on the website, nor is there any mention of traditional bank transfers or credit card payment methods.
Social Media and Contact Information
HiloAssets does not have official accounts on any social media platforms like Facebook, Instagram, or Twitter. Users can only contact the broker through the email address provided on their official website, with no other contact options available.
Company Background and Regulation
Company Background
According to information provided on the broker's website, HiloAssets is an international business company registered in the UK, under the name HiloAssets Limited, registration number 10855,96007, located at 20 Great Eastern St, London, UK. The platform claims to be regulated by the Belize Financial Services Commission (FSC), with a regulatory license number of 1300895967/3009.
Regulatory Verification
Investigating the official websites of the UK Companies House and the Belize Financial Services Commission shows no record of a registered company named HiloAssets Limited. Moreover, the registration and license numbers listed on the company's website do not match the formats used by these institutions.
Summary
Traderknows advises investors to be cautious as HiloAssets does not have a legally registered entity nor is it authorized by any authoritative financial regulatory agencies. When choosing a broker, it is recommended that investors prioritize those that are legally regulated and transparent to ensure the safety of their funds and reduce investment risks.