Hackford Trade

Hackford Trade operates under the domain hackford.trade and is registered in the Commonwealth of Dominica. According to available records, the company was established on September 13, 2021, with a registered address at 8 Capthall, Roseau Valley, 00152 in Dominica.

As of the most recent checks, Hackford Trade does not hold any recognized financial regulatory licenses. The absence of regulation from major authorities such as the FCA, CySEC, or ASIC raises important considerations for traders seeking a protected trading environment.

Hackford Trade offers six distinct account tiers: VIP, PRO, PREMIUM, TRADER, STANDART, and MICRO. The minimum deposit ranges from $75,000 for the VIP account down to $250 for the MICRO account. Leverage also varies, with the more accessible accounts offering higher leverage—up to 1:200 on both STANDART and MICRO accounts, while the VIP account offers a more conservative 1:30.

This tiered structure suggests the broker aims to accommodate both high-net-worth individuals and smaller retail traders. However, the high minimum deposits for the upper tiers may limit accessibility for many retail participants. The specific instruments available for trading are not listed in the available data, which leaves a gap in understanding the broker's offering.

The most notable aspect of Hackford Trade is its lack of regulatory oversight from any established financial regulator. The company is registered in Dominica, a jurisdiction not typically associated with stringent financial supervision. This absence of regulation means that traders may not benefit from investor protection schemes, negative balance protection, or dispute resolution services commonly provided by regulated brokers.

FXCanary has assigned a Scam Risk Score of 52 out of 100, indicating an elevated level of risk. This score reflects the regulatory gaps and the limited independently verifiable information available about the company's operations.

Given the limited public information and the absence of regulatory oversight, traders are advised to exercise considerable caution when considering any engagement with Hackford Trade. A thorough independent due diligence, including direct contact with the company and verification of its claims, is recommended before committing capital.

In summary, the broker's offering consists of a range of account types with varying leverage and deposit thresholds, but the lack of transparency on trading conditions and regulatory status presents significant risk considerations.