HIBT Broker Review - Is it Safe, Legit, or a Scam?

Regulated Status

HIBT's regulatory status is currently unverified, meaning it has not provided reliable or confirmed regulatory information to ensure investor protection. Traders should exercise caution when engaging with brokers that do not have verified regulatory licenses.

Regulated by

Pros and Cons

FAQ: What You Want to Know Most

Q1: Is HIBT regulated?

A1: HIBT's regulatory status is currently unverified. It is important to prioritize brokers with verified regulatory oversight to ensure the safety of your funds.

Q2: Is HIBT a safe and legit broker?

A2: HIBT's unverified status raises concerns about its legitimacy and safety. Traders should exercise caution and consider verified, regulated brokers for more security.

Q3: What are the pros of using HIBT?

A3: HIBT offers competitive spreads starting from 0.0 pips, commission-free Standard accounts, and access to MT4, MT5, and cTrader platforms. It also provides a social trading feature for novice traders.

Q4: What are the cons of HIBT?

A4: HIBT has low cryptocurrency leverage (1:2) and lacks 24/7 customer support. Additionally, the unverified regulatory status is a significant concern for safety.

Q5: What can I trade on HIBT?

A5: HIBT offers a wide range of tradable instruments including Forex, Index CFDs, Commodities, Cryptocurrencies, ETF CFDs, Stock CFDs, and Currency Index CFDs.

Q6: How is HIBT's leverage?

A6: HIBT provides leverage up to 1:30 on all account types, which is on the lower end compared to brokers offering higher leverage ratios.