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HPK Trade

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Operating status: SCAM

Website: https://hpktrade.com/

Broker violations and abnormal records
  • 2024-08-28 BrokersView has reviewed that HPK Trade is an unregulated broker

    Offshore registration: HPK Trade claims to be registered in St. Lucia, an offshore center known for its lax regulations. It is important to note that this jurisdiction does not license or regulate forex trading activities.

    Lack of regulatory oversight: While HPK Trade purports to be physically located in Dubai, there are no indications that it is authorized or regulated by the relevant financial regulators. Without valid licensing details to substantiate its legitimacy, HPK Trade is most likely a scam due to its unregulated status.

    In essence, HPK Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    HPK Trade appears to be a scam.

    Offshore registration: HPK Trade claims to be registered in St. Lucia, an offshore center known for its lax regulations. It is important to note that this jurisdiction does not license or regulate forex trading activities.Lack of regulatory oversight: While HPK Trade purports to be physically located in Dubai, there are no indications that it is authorized or regulated by the relevant financial regulators. Without valid licensing details to substantiate its legitimacy, HPK Trade is most likely a scam due to its unregulated status.In essence, HPK Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.HPK Trade appears to be a scam.

Related Complaints

Q&A

Help verify HPK Trade.

Sapna
Eritrea
2024-09-02
ANSWER Dear Investor,We are concerned that HPK Trade may be a scam.Offshore registration: The alleged registration in St. Lucia does not constitute an endorsement or license from financial regulators. Additionally, this jurisdiction does not license forex trading activities.Dubai claims: While HPK Trade claims to be located in Dubai, there are no records from relevant financial authorities to suggest it is legally authorized.Therefore, we strongly advise against using HPK Trade due to its unregulated status. For a safer trading environment, we recommend choosing fully regulated brokers.
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