About HAST FOREX
Company Profile
HAST FOREX is the trading name of HAST Financial Group Ltd, a forex and CFD broker registered in Saint Vincent and the Grenadines (SVG). The company was established on 17 February 2022 and operates from an address at First Floor, First St. Vincent Ltd Building, James Street, Kingstown. The broker targets retail traders globally, with a particular focus on the Japanese market, as evidenced by its Japanese-language website.
Regulatory Status
HAST FOREX claims regulation by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) under license number 25172 IBC 2018. However, FXCanary's records indicate no recognized financial regulator on file, and SVG does not exercise regulatory oversight over forex brokers. The SVGFSA registration is merely a business registration, not a financial services license. Traders should be aware that this provides no investor protection or compensation scheme.
Account Types
HAST FOREX offers two live account types: Standard and ProSpread. The Standard account has no minimum deposit requirement and is suited for retail traders, while the ProSpread account requires a minimum deposit of $10,000 and targets more experienced traders. Both accounts offer maximum leverage of 400:1, with CFD leverage capped at 50:1. The ProSpread account operates on an NDD ECN model with no commission charges.
Trading Instruments and Platforms
The broker provides trading in Forex Major and Minor pairs, as well as CFDs. Leverage is variable, reaching up to 400:1 for forex, and is adjusted based on account equity. The trading platform is exclusively MetaTrader 4 (MT4), supporting desktop (Windows), mobile (iPhone, iPad, Android), and tablet devices. A demo account is available for practice.
Funding and Customer Support
HAST FOREX accepts deposits via bank transfer, credit/debit cards, and online payment methods. The minimum deposit is set at 10,000 JPY (approximately $70). Withdrawals are processed via bank transfer only, with a fixed fee of 3,000 JPY and a processing time of 2–5 business days. Customer support is available 24 hours a day, seven days a week, via phone, email, and live chat, with multilingual support.
Target Audience
HAST FOREX appears to target retail forex and CFD traders, particularly those in Japan and other Asian markets. The broker's offerings, including high leverage and flexible account types, may appeal to both novice traders (via the Standard account) and experienced traders (via the ProSpread account). However, the absence of robust regulatory oversight means it is best suited for traders who understand the risks of trading with unregulated offshore brokers.
Overview compiled by FXCanary from regulatory records and public data. full HAST FOREX review