Forex Brokers

Hong Kong Financial Trading Authority (HKFTA)

1.3 (7 reviews)
🇦🇺 Australia
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1.3
7 reviews
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About Hong Kong Financial Trading Authority (HKFTA)

Hong Kong Financial Trading Authority (HKFTA) has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". 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.hkdta.org.au.

Customer Reviews

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Never again with Hong Kong Financial Trading Authority (HKFTA)

S
Seth T.
3 weeks ago

Where do I even begin with Hong Kong Financial Trading Authority (HKFTA)? for over three years 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: Clean UI|Social trading features|Instant funding

Cons: Limited cryptocurrency options

Look elsewhere - many better options

A
Alex S.
3 months ago

My withdrawal from Hong Kong Financial Trading Authority (HKFTA) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a few weeks now of being strung along.

Pros: Fast support response|Transparent fees|Wide product range

Cons: Onboarding videos are outdated

Feeling robbed honestly

S
Stephanie T.
4 months ago

Hong Kong Financial Trading Authority (HKFTA) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Full transparency|Portfolio tracking tools|Real-time alerts|Automated trading options

Cons: Nothing significant

The epitome of bad service

M
Michelle I.
5 months ago

After using Hong Kong Financial Trading Authority (HKFTA) for about eight months, 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: Educational resources|Good analytical tools

Cons: Help articles are sometimes vague

Web platform does not work on Safari

J
Jennifer T.
7 months ago

Do not be fooled by the professional-looking website. Behind the scenes, Hong Kong Financial Trading Authority (HKFTA) is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Social trading features|Full transparency

Cons: Account statements could be more detailed|Research section could be deeper

The support team is useless

F
Frank B.
10 months ago

I experienced a security concern with my Hong Kong Financial Trading Authority (HKFTA) 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|Fast deposits|Reliable uptime

Cons: Currency conversion fee exists

Commission structure changed retroactively

C
Connor I.
12 months ago

Hong Kong Financial Trading Authority (HKFTA) 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: Dividend tracking|Regular platform improvements|Helpful community forum

Cons: No phone support on weekends