About HBullion
Company Overview
HBullion is a precious metals broker based in Hong Kong, established on 19 September 2017. The company is registered in Hong Kong and operates as a dealer in precious metals, primarily gold and silver. According to its registration, it holds a license from HKGX (Hong Kong Gold Exchange) for Precious Metals Trading (AGN). However, the official website of HBullion is currently inaccessible, raising significant concerns about the company's operational status and reliability.
Regulatory Status
HBullion claims to be regulated by HKGX, which is a division of the Chinese Gold and Silver Exchange (CGSE). Industry sources suggest that the CGSE license displayed by the broker appears to be a clone, meaning it may have been misrepresented or falsified. In our review, we cross-checked the license against public registers but could not confirm its authenticity due to the inaccessible website. The regulatory status remains unclear, and traders should exercise extreme caution.
Products and Services
As a precious metals dealer, HBullion likely offers trading in physical gold and silver, as well as leveraged contracts on these metals. However, with no accessible website, specific account types, trading platforms, or instrument lists cannot be verified. The company provides customer support through phone, email, and QQ, but these channels have not been independently tested.
Risk Considerations
The most immediate red flag for HBullion is the inaccessibility of its official website. A legitimate broker typically maintains a functional web presence for client onboarding, trading, and support. Combined with the suspicious regulatory claim and lack of independent reviews, the overall risk profile is guarded. We rate HBullion with a Scam Risk Score of 42/100, reflecting these concerns.
Overview compiled by FXCanary from regulatory records and public data. full HBullion review