HBC Broker has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44 2038683296, +44 2038683295, +44 20347 8177
Addresses: Suite 2 5 St Vincent Street Edinburgh Scotland EH3 6SW; 5 Shovroyan Street Erevan Armenia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.hbcbroker.com.
I had high hopes for HBC Broker after attending a webinar they hosted, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Fast execution|Clear documentation|Regular platform improvements
Cons: Desktop app not available on Linux
The mobile app from HBC Broker is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Social trading features|Full transparency
Cons: Help articles are sometimes vague
Where do I even begin with HBC Broker? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Full transparency|Regular updates|Good mobile app|Automated trading options
Cons: Wait times can be long during peak hours
My card was charged twice by HBC Broker on the same day. I had to dispute it with my bank. HBC Broker then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Risk management tools|Wide product range
Cons: Limited social trading features|Could offer more webinars
The hidden fees at HBC Broker are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Helpful community forum|Competitive fees|Demo account available|Great customer service
Cons: Desktop app not available on Linux
Do not use HBC Broker for anything serious. I used them for about three months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Professional team|Portfolio tracking tools|Responsive team
Cons: Website design could be more modern|Cannot customize dashboard fully
I lost a significant amount because HBC Broker did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Clear documentation|Multi-currency support|Smooth onboarding|Market news feed
Cons: No live chat on mobile
I experienced a security concern with my HBC Broker account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Responsive team|High security standards|Fast execution|Easy to use platform
Cons: No integrated tax optimization
I opened an account with HBC Broker since mid-2025 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: Full transparency|Two-factor authentication|Risk management tools|Competitive fees
Cons: Withdrawal takes 1-2 business days|Account statements could be more detailed
After since early this year with HBC Broker I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Real-time alerts|Clear documentation|Reliable uptime
Cons: Limited demo account features