HFG Review : Fees, Pros and Cons, Reviews by Real Traders

HFG

Operating status: SCAM

Website: http://www.hfgforex.com.au/en/index.html

Broker violations and abnormal records

Jun 16, 2022 Brokersview has Reviewed that HFG is an Unregulated Forex Broker
HFG claims to be a regulated broker under the regulation of the Financial Service Providers of New Zealand (FSP). Then we searched on the New Zealand Financial Maekets Authority (NZ FMA) and found no matching result. That means HFG is not authorized to provide financial services in New Zealand.
Downloading HGF MT4 platform, we found HGF is an Australia-based firm. We searched the Australian Securities & Investment Commission (ASIC), and found that HGF had an appointed representative license, but it was ceased in June 16, 2022. That means HGF is no longer authorized to provide financial services in Australia.
The truth is that HGF is not regulated by any regulators. Letting this broker hold or control customers' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

HFG claims to be a regulated broker under the regulation of the Financial Service Providers of New Zealand (FSP). Then we searched on the New Zealand Financial Maekets Authority (NZ FMA) and found no matching result. That means HFG is not authorized to provide financial services in New Zealand. Downloading HGF MT4 platform, we found HGF is an Australia-based firm. We searched the Australian Securities & Investment Commission (ASIC), and found that HGF had an appointed representative license, but it was ceased in June 16, 2022. That means HGF is no longer authorized to provide financial services in Australia. The truth is that HGF is not regulated by any regulators. Letting this broker hold or control customers' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Sep 25, 2025 BrokersView has identified that HFG's website is currently offline
BrokersView found that the domain "http://www.hfgforex.com.au/en/index.html" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "http://www.hfgforex.com.au/en/index.html" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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