The Official Website Of HD Markets Cannot Be Accessed Normally At This Time. The Company Appears To Have Closed Down. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-20 We Have Confirmed After Review That HD Markets Is An Unregulated Foreign Exchange Dealer
HD Markets Claims To Be A Duly Appointed Legal Representative Of ABIB (Pty) Ltd. The Company Is Authorized And Regulated By The Financial Sector Conduct Authority (FSCA) Of South Africa, FSP Number: FSP51541. We Are Indeed In The FSCA And Found Results Matching This Broker. However, According To The Details Shown On The FSCA, HD Markets Is Not Authorized To Provide Forex Services. It Is Not Safe For This Broker To Hold Or Control Investor Funds, And Investors Cannot Be Protected By Any Laws. It Is A Fake Broker.
Due To The Inability To Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That HD Markets Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: HD Markets As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
