HunterFX review: 5 things you should know hunterforex.co

Beware! HunterFX is an offshore broker! Your investment may be at risk.

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HunterFX is rife with error sections and misleading details, meaning this website very uninformative and quite lackluster, despite the initial impressions the visual can make. Read the review for the real version of the broker.

HunterFX REGULATION AND SAFETY OF FUDS

HunterFX presents a Bulgaria address without any sort of regulatory claim, meaning that the firm is not regulated by the local Financial Supervision Commission. There is a steady FX environment in the nation, but it seems that HunterFX is one of the many scams that also burdens its economy. In other words, HunterFX is no regulated by the Bulgarian regulator and it can only be illegally registered there.

Another shady sign is that there are a ton of bonuses, which regulated brokers frown upon. Most regulated brokers that accept bonuses into their midst are offshore, but still regulated. Considering that HunterFX is unlicensed the bonus are acceptable. HunterFX even feels like a casino with its tons of bonus offering.

There are also no legal docs which is a sign that the broker is an even bigger risk since now it can do whatever it wants. Do not invest here.

HunterFX Trading software

There was no registration process anywhere to be found on the website, as there was no registration button anywhere, we had no way to open an account, There is no proof that users can actually open an account, and it seems to us that HunterFX is expired. Or perhaps it is a intermediary broker.

As for a trading software, there was absolutely no information on one. Based on pure speculation, we assume there isn’t a terminal.

HunterFX Trading instruments

The advertised assets to trade with are forex currency pairs, indices, commodities, shares, and cryptocurrencies. But the missing trading software and non existent registration area is evidence that these assets do not apply.

HunterFX Spreads and cost of trading

From the Standard account section on the site we are told that the EUR/USD spread is 7 pips, the one for the GBP/USD pair at 9 pips, and the USD/JPY spread is 7 pips. These are more than 3 times the average spread values, and they are ridiculous to even consider. Such a high spread does not help at all the users, and only the broker profits from it.

HunterFX Maximum leverage

There are no leverage values talked about anywhere. And that’s all we can say. If you want high leverage then we can suggest these high leverage brokers instead.

HunterFX Deposit and withdrawal methods

There is absolutely no information at all on the payment methods or processing times. There isn’t a single mention of a payment detail, and so we have to rely solely on speculations. As far as scammers go, their preferred methods of payment are crypto and bank, both of which are difficult to trace and thus can eb lost forever. The common processign times are between 1-2 days for bank, and instant for crypto.

HunterFX Minimum deposit

The minimum deposit requirement is $100, which is a modern requirement, but broker try to offer lower deposits in order to be more competitive. As for HunterFX, it’s not worth investing here.

HunterFX Withdrawal requirements

No payment conditions are indicated here; there isn’t even substantial proof in support that users will ever be ever to pay here. Not that it’s worth doing so with a thief like HunterFX.

Just make sure that if you are dealing with a broker, to always pay attention to turnover requirements, excessive withdrawal fees, and other commissions that aim to take as much as possible. Things like 10% or higher fees, turnover requirements, admin fees, maintenance commission, and the like, are all signs that the broker you are about to deal with is a scam.