Score
HighFx
Bulgaria|5-10 years| https://www.highfx.com/en
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Bulgaria
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
Users who viewed HighFx also viewed..
XM
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
FP Markets
- 15-20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
HFM
- 10-15 years |
- Regulated in Cyprus |
- Market Making(MM) |
- MT4 Full License
GO MARKETS
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Website
highfx.com
Server Location
United States
Website Domain Name
highfx.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2013-06-27
Server IP
104.22.55.243
Company Summary
Note: HighFx's official website: https://www.highfx.com/ is currently inaccessible normally.
| HighFx Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Bulgaria |
| Regulation | No Regulation |
| Market Instruments | Forex pairs, CFDs, indices, commodities, stocks, and cryptocurrencies |
| Demo Account | ❌ |
| Leverage | Up to 1:400 |
| EUR/USD Spread | From 1.4 pips (Standard account) |
| Trading Platform | Web-based, MetaTrader4 |
| Min Deposit | $250 |
| Customer Support | Phone: +852 +442031500227, +442031500227, +33176729693 |
| Email: info@highfx.com | |
| Social media | |
HighFx is an unregulated brokerage company based in Bulgaria. It claims to offer forex pairs, CFDs, indices, commodities, stocks, and cryptocurrencies trading via a web-based platform and the industry-leading MetaTrader4.
Pros and Cons
| Pros | Cons |
| MT4 platform | Non-functional website |
| A wide range of products | No regulation |
| Diverse account types | No demo accounts |
| High minimum deposit |
Is HighFx Legit?
At present, HighFx lacks valid regulation. Its domain was registered on June 27, 2013, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.
What Can I Trade on HighFx?
HighFX offers more than 300 tradeable instruments to its clients. Among these are numerous forex pairs and a variety of CFDs on indices, commodities, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
HighFx provides four types of accounts: Standard, Gold, Platinum, and Diamond. Moreover, it also offers Islamic swap-free accounts.
| Account Type | Min Deposit |
| Standard | $250 |
| Gold | Not specified |
| Platinum | Not specified |
| Diamond | Not specified |
Leverage
The maximum leverage is 1:400 for all account types. However, please note that high leverage can amplify both profits and losses.
Spreads & Commission
This broker asserts that it provides tight spreads and commission-free trading. Specifically, HighFX claims that holders of Standard accounts can trade with spreads averaging 1.4 pips on EUR/USD.
| Account Type | Average Spread |
| Standard | 1.4 pips |
| Gold | 1.1 pips |
| Platinum | 0.8 pips |
| Diamond | 0.5 pips |
Trading Platform
HighFx offers a web-based platform and MetaTrader4 for clients. However, it seems that HighFX does not offer downloadable desktop MT4, but only mobile apps for iOS and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based | ✔ | Web | / |
| MT4 | ✔ | iOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
HighFX provides some bonuses, but note that these bonus funds are non-deposited funds and also include any profits obtained due to or derived from them. These funds are not regarded as the client's money and are not available for immediate withdrawal.
Moreover, clients of HighFX can make a withdrawal free of charge once a month. Any additional withdrawals are subject to a withdrawal fee of 30 USD, EUR, or GBP depending on the trading currency.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Content you want to comment
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now