HB Global Bank has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that HB Global Bank is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
I opened an account with HB Global Bank since the beginning of the year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Regular updates|Tax reports included
Cons: No integrated tax optimization|Wish they had more educational resources
I signed up with HB Global Bank after attending a webinar they hosted and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: API access|Fast execution
Cons: Minimum deposit could be lower|No phone support on weekends
HB Global Bank has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Segregated accounts|Social trading features
Cons: Wish they had more educational resources|No integrated tax optimization
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that HB Global Bank has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
I joined HB Global Bank after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Two-factor authentication|Great customer service|Fast support response
Cons: Website design could be more modern|No dark mode on mobile
HB Global Bank offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Helpful community forum|Responsive team|Customizable dashboard
Cons: Slow to add new assets
HB Global Bank had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Easy withdrawals|Good analytical tools|Economic calendar
Cons: Inactivity fee applies after 12 months|Limited demo account features