What is FUTUHK.com?
FUTUHK.com is an online broker that offers traders the ability to trade in a variety of financial markets. The company is based in Hong Kong and is regulated by the Securities and Futures Commission (SFC). FUTUHK.com offers a number of features that make it an attractive option for traders, including a mobile trading platform, tight spreads, and a wide range of tradable instruments.
Is FUTUHK.com a Legit or Scam?
Futuhk.com is a forex and CFD broker that offers a wide range of tradable assets including forex pairs, cryptocurrencies, stocks, indices, and commodities. The broker claims to offer competitive spreads and leverage of up to 1:500. Futuhk.com is owned and operated by FUTUHK Limited which is registered in Vanuatu and regulated by the Vanuatu Financial Services Commission (VFSC).
Although the VFSC is a regulator that oversees the activities of financial service providers in Vanuatu, it does not have the same level of oversight as regulators such as the UK’s Financial Conduct Authority (FCA) or the US Commodity Futures Trading Commission (CFTC). This means that there is less protection for traders who are dealing with Futuhk.com.
In addition, we could not find any information about the trading conditions or account types offered by Futuhk.com on their website. This makes it difficult to assess whether or not this broker would be suitable for your trading needs.
If you are considering investing with Futuhk.com, we would recommend that you first check out some other brokers that are regulated by more reputable financial authorities.
Does FUTUHK.com accept USA Traders?
FUTUHK.com is a website that allows people to trade in the foreign exchange market. The website is available in English, Spanish, and Chinese.
The website accepts USA traders.
The Pros and Cons of FUTUHK.com
FUTUHK.com is an online broker that offers trading in a variety of financial instruments, including forex, CFDs, and cryptocurrencies. The broker is headquartered in Hong Kong and is regulated by the Securities and Futures Commission (SFC) of Hong Kong.
The Pros:
-Offers a variety of tradable assets including forex, CFDs, and cryptocurrencies
-Is regulated by the SFC, ensuring safety of client funds
-Has a user-friendly platform suitable for both beginners and experienced traders
-Offers competitive spreads and leverage ratios
The Cons:
-Does not accept clients from the USA due to regulatory restrictions
-Relatively new broker so there is limited information available about its track record
Conclusion
Futuhk.com is a legit website that offers online trading services to its clients. It is a registered company in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). The website accepts traders from all over the world, including the USA. Futuhk.com offers a wide range of assets for trading, including forex pairs, stocks, indices, commodities, and cryptocurrencies. The minimum deposit required to open an account with Futuhk.com is $250 and the minimum trade size is $1.