Forex Brokers

Hokkaido Investments Sp

1.6 (10 reviews)
🇦🇺 Australia
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1.6
10 reviews
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About Hokkaido Investments Sp

Hokkaido Investments Sp has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852-5808-4980

Addresses: 96960 Ajeltake Island Majuro Marshall Islands 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.hqbroker.com.

Customer Reviews

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Charting is from 2010

D
Diana N.
2 months ago

Hokkaido Investments Sp 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: Two-factor authentication|Fast support response|Detailed reporting

Cons: Inactivity fee applies after 12 months|Live chat only during business hours

Withdrawal blocked indefinitely

L
Lisa Z.
2 months ago

I have been trying to close my account with Hokkaido Investments Sp for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Easy withdrawals|API access|Fast deposits|Quick verification

Cons: Research section could be deeper

How are they still in business

L
Leah A.
3 months ago

I closed a profitable position at Hokkaido Investments Sp and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Real-time alerts|Automated trading options|Instant funding|Customizable dashboard

Cons: Spreads widen during volatile periods

No beneficiary designation

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Hannah O.
3 months ago

I found Hokkaido Investments Sp from a blog post comparing services and the initial impression was positive. But since I retired last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Detailed reporting|Reliable uptime

Cons: Cannot customize dashboard fully|Limited demo account features

Arbitration clause traps you

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Graham J.
4 months ago

I had high hopes for Hokkaido Investments Sp 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: Low minimum deposit|Multi-currency support

Cons: Currency conversion fee exists

Account locked for no reason

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Harry R.
4 months ago

Hokkaido Investments Sp advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Good mobile app|Excellent charting|Competitive fees

Cons: Limited ETF selection|None so far

Regulator has warned about them

T
Tiffany M.
5 months ago

Hokkaido Investments Sp 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: Dedicated account manager|Professional team|Fast support response|Segregated accounts

Cons: No phone support on weekends

Bonus clawback on technicality

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Richard K.
6 months ago

After spending for roughly four months trying to make Hokkaido Investments Sp 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: Transparent fees|Personal attention|No hidden fees|Economic calendar

Cons: Onboarding videos are outdated

Spread widened during news without notice

M
Miles P.
9 months ago

I am in a dispute with Hokkaido Investments Sp over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Automated trading options|Excellent charting|Multiple order types|Transparent fees

Cons: Wait times can be long during peak hours

Platform crashes at the worst times

S
Shannon J.
10 months ago

I gave Hokkaido Investments Sp a fair chance. After for over three years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Fast deposits|Regular platform improvements

Cons: Help articles are sometimes vague|Slow to add new assets