Independent review and feedback on HT-JX broker
Trading contracts for difference (CFDs) always involve risks, so reputable brokerage firms strongly recommend using this financial instrument only for professionals. However, there are intermediaries who do not care about traders’ interests and have only one goal – to profit from others’ capital. HT-JX company is a bright example of such an approach. Despite claiming to have been operating since 2018 and having around 200,000 active clients, no feedback on cooperation with it has been found.
Detailed examination of HT-JX broker and company facts
According to the description, HT-JX has been providing professional brokerage services since 2018. The company’s official website claims to have many positive client reviews, appreciating the high level of regulation, wide selection of trading instruments, and partnerships with leading financial institutions. The ht-jx.com platform presents the following statistics:
- 195,000 trading accounts,
- over 150 financial instruments (including CFDs on base currencies, cryptocurrencies, indices, and others),
- 368,000 daily transactions,
- daily trading volume of $120 million.
Although these numbers sound convincing, a small check reveals an attempt at deception. The ht-jx.com domain was registered back in 2014, and the site was last updated just a few months ago.
It should be noted that launching a website 4 years before establishing a brokerage company (at least, logically, this is incorrect). Additionally, through analysis using specialized tools, it was found that the ht-jx.com site previously belonged to a Chinese organization unrelated to the brokerage business. This explains the lack of reviews about the HT-JX company. We are facing another one-day intermediary!
A rather amusing fact is that this company tries to teach lessons to newcomers, hiding behind authoritative regulation. On the official website, charlatans point out the presence of three licenses:
- International Financial Services Commission, IFSC (document number – 21/96/KI/45),
- Cyprus Securities and Exchange Commission, CYSEC (document number – 795/12),
- Financial Services Commission of Mauritius (document number – F153423287).
Considering HT-JX’s claimed registration in Belize (legal address: 8 Eleanore Usher Street, Office 89, Belize City, Belize), the first step was to investigate the local regulator – IFSC. However, this company was not found in the supervisory authority’s registry.
As for CYSEC and the Mauritius Financial Services Commission, these organizations regulate only brokers from their jurisdiction and have no relation to HT-JX. Nevertheless, their registries were also checked. The specified license numbers were not found in the databases of these regulators. HT-JX’s activities are not regulated at all!
My experience with the HT-JX broker has been extremely unpleasant and disappointing. Despite their promises of efficient, reliable and hassle-free service, the reality was far from it. Transparency seemed to be a foreign concept to them, as hidden fees kept piling up. Furthermore, their customer service was unhelpful and highly unresponsive, which created a series of communication failures. The lack of reliability and trustworthiness truly made the entire process stressful and nerve-racking. Trading with them was a nightmare due to the recurring platform glitches. Their services lacked professionalism and solid knowledge of market trends and analysis. I’ve been burned once, and I won’t be making the mistake of using their services again. Highly not recommended.