Regardless of how transparent a Hackford Trade broker might look, the truth is a bit different. Since we don’t want you to fall for this well-organized scheme, we prepared the Hackford Trade review with everything written.
Let’s see why you should never invest in this company!
- Before we move forward, we encourage you to read our recently updated AlpsMarkets, AG Markets and Primefin broker reviews.
|Broker Status:||Offshore Scam Broker|
|Regulated by:||No Regulation (Unlicensed Scam)|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||N/A|
|Headquarters Country:||Commonwealth of Dominica|
|Online Trading Platforms:||WebTrader|
|Broker Deposit Bonus:||Available up to 75%|
|Crypto Assets:||Not Available|
|Available Trading Assets:||Stocks, Forex (FX), Commodities, Indices|
|Islamic Account:||Not Available|
|Free Demo Account:||No|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Is Hackford Trade Safe and Regulated?
Hackford Trade didn’t bother to list an official owner while setting up their headquarters in one of the most fraudulent countries – the Commonwealth of Dominica. Yet, we have found correlations between this brand and two other scam brands – prgntrade.co and traderking.co.
Apparently, all of these have the same owner behind the scenes, and the prior two have been blacklisted by the FCA and FMA.
What’s Wrong With Hackford Trade License?
After checking the FSU of Dominica along with several Tier 1 regulators, we found no Hackford Trade regulation. Based on this, we can say it’s an unregulated trading brokerage that you should avoid.
There’s no security of funds and no compensation fund, meaning if you were scammed by Hackford Trade, you wouldn’t get your money back quickly.
Hackford Trade Login Problems – One Of The Signs Of A Scam
Suppose you already have an account with a Hackford Trade forex broker. If you ask for a withdrawal, it could happen that your trading account has been blocked without an explanation. We’ve learned from broker reviews that it happens when clients submit withdrawal requests since this broker doesn’t want to pay the money to investors.
Since we have already resolved whether Hackford Trade is regulated and that nobody could oblige the broker to approve withdrawals, investing with this illicit brokerage is extremely risky.
If you have had login issues for over a couple of hours, let us know immediately.
Hackford Trade Trading Instruments – What Can I Trade?
This online broker allegedly offers over 1,000 trading assets, including:
- Currency pairs
As you can see, there are no cryptocurrencies. All trades are executed on the proprietary web trader with the leverage of up to 1:200. Hackford Trade’s minimum deposit is $250, and there’s no Demo account where you can practice your knowledge and check the offer before making an actual deposit.
Since the broker offers unregulated leverage, web trader has lots of lags, and you will not be able to get your funds back, a trading offer is not relevant anyway.
Hackford Trade Scam – Don’t Put Any Money Into This Broker
Since we’ve uncovered an entire scheme based on many Hackford Trade reviews, you should never have an account with this brokerage. Besides the fact it’s unregulated, there’s no proper platform such as MetaTrader, there are a lot of withdrawal issues, and everything seems suspicious.
Unable to Withdraw Funds
If you have already made an initial deposit and cannot withdraw your funds, we can try to help. Global Fraud Protection has received numerous complaints from victims of the Hackford Trade scam. Depending on the method you’ve used for depositing your funds, you can file a dispute and request a chargeback.
Unfortunately, scams and scam methods are more and more advanced, but we are keeping up to date and helping our customers in any way.
Scammed By Hackford Trade Broker? – Talk To Our Experts Today!
If you are involved with Hackford Trade and experience any issues, let us know. Our chargeback specialists will look into your case and try to find the most suitable solution for you to get the money back.
Contact us via online chat to book a free consultation and see how we can help you. Don’t let scammers walk away with your hard-earned money! Take action before it’s too late!
Don’t Let the Scammers Go Away for Free!
What Is Hackford Trade, And Should I Invest Money In It?
Basically, this is an online trading platform without regulation and not worth investing in.
What is the Hackford Trade minimum deposit?
Hackford Trade’s minimum deposit is $250, yet you should be aware of the risks.
Are My Funds Safe With Hackford Trade?
No, company is not regulated, meaning your funds are not safe with such companies.