Broker Selection: What to Pay Attention To?
When choosing a brokerage firm, it is important to pay attention not only to the presence of legal documents but also to the reviews of real clients. Sometimes there are companies that, despite the lack of feedback, try to present themselves as reliable and honest intermediaries with rich experience. One such example is the project HedgeFloor, about which there is almost no information online. We have prepared a review for you, collecting important facts about this company.
Information about HedgeFloor
HedgeFloor positions itself as an intermediary helping clients increase capital and complying with international legislation. However, there is no information about the company’s founding date or success statistics, which hinders the assessment of its reliability.
An analysis of the registration date of the domain hedgefloor.com via whois shows that the site has been active since May 2023. The lack of reliable information raises questions about the company’s reliability. HedgeFloor likely relies on clients’ trust in empty promises, avoiding legal details.
Regulated Broker?
HedgeFloor claims to have reliable regulation, but there are no certificates of registration and licenses for brokerage activities. The only specified address is an offshore location in Saint Vincent and the Grenadines. Forum reviews indicate that registration in this jurisdiction is considered a troubling sign.
It is worth noting that in Saint Vincent and the Grenadines, intermediaries are registered but not licensed. HedgeFloor has not even applied for registration. This company operates exclusively online under the control of anonymous fraudsters.
The company has a multilingual website, including Russian-language content. It is possible that reviews will soon appear on Russian-language resources. It is important to note that HedgeFloor is not officially registered as a legal entity in Russia and the CIS and does not have a license to provide brokerage services.
Platform Offers
On HedgeFloor, there are demo accounts, an extensive educational base, and qualified support available. Detailed information about tariff plans is non-existent, but some highlights include:
- minimum deposit – $100,
- fast order execution,
- segregated accounts,
- 300+ trading assets,
- passive income opportunities,
- terminal with cutting-edge technology,
- spreads starting from zero,
- round-the-clock support.
Payment methods include bank transfers, cryptocurrencies, and electronic payment systems. However, the company does not provide information about payouts and commissions. There are no reviews on payment reliability.
Lack of Reviews: Logic or Manipulation?
The absence of reviews about HedgeFloor is quite logical considering the recent establishment of the company. However, scammers actively promote it through referral programs.
If you have experience working with HedgeFloor, share it to warn potential victims. Post your reviews under our article using the special form.
Fraud Methods
HedgeFloor allows users to practice without risk. Scammers create signs of successful trading to persuade the client to deposit funds. After the account is funded, it is blocked, justified by “activity” on the trader’s account. Subsequently, the fraudsters disappear.
Conclusion
HedgeFloor is a fraudulent company that uses the absence of reviews to deceive beginners. Scammers shamelessly try to deceive clients and disappear. It is not recommended to deal with this suspicious broker.
