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.
After using HBC Broker for a few weeks now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Fast deposits|Responsive team
Cons: Charting tools need more indicators
I wanted to transfer my portfolio from another broker to HBC Broker. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Fast execution|Excellent charting|Multiple order types
Cons: No integrated tax optimization|Wish they had more educational resources
After spending for close to eighteen months trying to make HBC Broker work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Great customer service|Fast execution|Personal attention
Cons: Wish they had more educational resources|Charting tools need more indicators