Established in 2010 in Vietnam, HXFX Global is a retail trading broker that offers over 40 trading instruments — forex, commodities, stocks, and CFDs — for online trading via MT4 and an in-house-developed trading platform. The broker offers reliable order execution, comprehensive technical indicators, and some useful educational resources. Offering several competitive trading conditions, including multiple trading account options, leverage of up to 1:500, zero account opening fees, and a minimum lot size of 0.01, it is not surprising that the broker has won so many industry awards since its inception, including the Best Financial Service Grand Prize, Best Mobile Transaction Platform Organization in 2017, and more. The minimum deposit required to operate a live trading account is $20.
HXFX Global Review Introduction
In this HXFX Global review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including HXFX Global.
HXFX Global Platforms & Tools
Traders are provided with the sophisticated MT4 trading platform, which is available in desktop, web, and mobile versions. It is a fully customisable platform that allows you to trade how you want. The platform is widely used by most forex and CFD traders because of its intuitive user interface and wealth of complex trading capabilities that suit experienced traders. It features market charts, management tools, graphic applications, and expert advisors for the automation of trades, and more.
The broker also provides a proprietary trading platform that is available as a mobile trading app for Android and iOS devices. The mobile app can be freely downloaded from the respective app stores. The platform features speedy order executions, advanced chart analysis, technical indicators, global real-time updates of market information, and a financial calendar.
Traders are also provided with some standalone trading tools for an enhanced trading experience. These include market analysis charts, technical indicators, and more.
HXFX Global Research & Education
The broker’s website is loaded with several educational resources that can help traders in making knowledgeable trading decisions. Some of the resources include company news, trading guides, and an FAQ section.
HXFX Global Trading Accounts
Traders are provided with several trading account options to meet their individual trading needs. The accounts have minimum deposit requirements as follows: Micro ($20), Standard ($50), and Premium ($2,000) Accounts. The spreads start from 1.1 pips. Demo accounts are provided for practice purposes.
HXFX Global Account Funding
All account deposit and withdrawal requests at HXFX Global are processed using bank cards and UnionPay.
HXFX Global Customer Service
The broker provides clients with a professional customer support team that is available 24/5 to respond to traders’ inquiries. They can be reached via telephone, email, Live Chat, and social media.
HXFX Global Regulation
There is no regulatory information on the broker’s website at the moment. Lack of regulation can discourage potential traders and investors as unregulated financial services providers cannot offer the same level of protection to investors as the regulated ones do.
HXFX Global Review Summary
HXFX Global is an award-winning retail broker that offers access to the financial markets through different trading platforms. They provide traders with trading tools, educational resources, and a 24/5 client support team. However, there is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this HXFX Global review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the HXFX Global broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.