HDG MARKETS

HDG Markets Limited, trading as HDG MARKETS, is a United Kingdom-based brokerage firm that was founded on 8 August 2019. The company is registered at 291 Brighton Road, South Croydon, CR2 6EQ, United Kingdom. It presents itself as a global brokerage with operations also targeting the Philippines market. However, independent information about the broker's operations, platforms, and services is limited, and the firm does not currently hold a valid regulatory license from any major financial authority.

Critically, HDG MARKETS does not have any active regulatory licences on file with FXCanary. The broker has a history of regulatory issues: it previously held an Australian Securities and Investments Commission (ASIC) licence (number 001295273) which has been revoked. Additionally, it lists a National Futures Association (NFA) licence (number 0545805) in the United States, but this is unauthorised and not a valid registration for a forex broker. These lapses raise significant concerns about the firm's compliance and oversight. The broker has been categorised as an illegal and scam operation by industry databases, and FXCanary’s Scam Risk Score is 85 out of 100, indicating a severe risk.

No specific information is publicly available from the broker’s official website or other reliable sources regarding the trading platforms offered or the range of financial instruments. As a retail forex and CFD broker, HDG MARKETS would typically offer platforms such as MetaTrader 4 or 5, but this cannot be confirmed. Similarly, the asset classes available for trading – whether forex, indices, commodities, or cryptocurrencies – remain undisclosed in our research.

Details about the account types provided by HDG MARKETS are not available. In the absence of official documentation or user feedback, we cannot verify the existence of standard, mini, or Islamic accounts, nor any associated spreads, commissions, or leverage conditions. Prospective traders should exercise extreme caution given this lack of transparency.

The broker’s deposit and withdrawal methods are not specified in any verifiable source. Common options for such brokers might include bank transfers, credit/debit cards, and e-wallets, but none are confirmed. Without clear information on payment processing, traders face uncertainty regarding the safety and timeliness of funds transfers.

HDG MARKETS appears to target retail traders, particularly those in the Philippines and other global markets. The broker’s registration in the United Kingdom suggests an international clientele, but the absence of regulation makes it unsuitable for traders who prioritise client fund protection and regulatory recourse. The firm’s operations are not authorised in any major financial jurisdiction.

Trading with HDG MARKETS carries a high level of risk due to its unregulated status and history of revoked and unauthorised licences. The FXCanary Scam Risk Score of 85/100 (Severe) underscores the potential for fraud or mismanagement of client funds. Traders are strongly advised to avoid depositing funds with this broker or to conduct extensive independent due diligence before engagement.