1 October 2020 — 30 September 2021
During the activity period, customers with 300 standard lots transactions in a single account during 1 natural month can be given a voucher of ForexCopy System (up to 20 accounts ,1 month of use).
Our company is a company registered in accordance with the laws of New Zealand, the full name is HC HOLDINGS GROUP LIMITED, and the only official website is www.hcfx.com.
With the development of our business and the continuous improvement of reputation and popularity, we have recently found that other companies have copied our website. We especially remind the investors that our only official website is www.hcfx.com, any imitation, copying our website behavior is fake, has nothing to do with our company, our company does not assume any legal responsibility arising therefrom.
Investors should be on your guard, to discern in detail, and through our only official website: www.hcfx.com to understand and open an account!
If you have any questions, please contact the online customer service or email firstname.lastname@example.org immediately.
The Stop Out Level is a kind of risk management because the margin ratio triggers the Stop Out Level set by the dealer. Therefore, when the customer’s trading margin is not sufficient and is not made up within the specified time, or the amount of the customer’s inventory exceeds the specified limit, or when the customer is in violation, the broker will perform the compulsory closing of the unclosed contract held by the customer in order to prevent further expansion of the risk.
The Margin Call Lever ratio of HCFX is 120%, that is, when the Equity/ Margin is equal or less than 120%, the client transaction column displays red to show a warning.
The Stop Out Level ratio of HCFX is 100%, that is, when the Equity/Margin is equal or less than 100%, the system will force the closing of trading orders from high to low losses.
HCFX attaches great importance to the capital security of customers. All customers’ capital are deposited in separate bank accounts of the approved top banks. HCFX has established partnerships with top banking institutions in the world, including Citibank and N.A., to maintain customers’ capital in separate accounts. It is also regulated by FSP of New Zealand. The FSP license number is 646029. HCFX meets the capital adequacy requirements of FSP and conducts continuous compliance audits of internal procedures and risk management. Our trading platform meets the stringent safety standards of international financial and banking institutions to ensure that customers have a safe trading experience.
HCFX does not have strict rules on the amount of deposit, but for the sake of your account security and saving the cost of remittance, it is recommended that the amount of deposit should not be less than $3000.
Because our online payment system is being maintained, the recovery time has not yet been determined due to the complexity of the repair project. During this period, please choose bank wire transfer. For details, please refer to the “Deposit Guide” of “Help Center”
Deposit: The amount of deposit is based on the actual amount of money received. Because the receiving bank needs to deduct certain handling fees, the amount of money received is often less than the amount of your remittance.
Withdraw: For the first monthly withdraw from each trading account, we will pay the remittance bank’s handling fee (about $13). From the beginning of the second withdraw, we will no longer bear the fee. The fee will be deducted from the amount of your withdraw.
HCFX’s transaction commissions are charged at 0.0036% (unilateral) of the value of the transaction contract. The calculation method is as follows:
Opening contract value * trading lots * 0.0036% + closing contract value * trading lots * 0.0036% (contract value calculated by USD). Assuming you trade EURUSD at the opening price is 1.12050 and the closing price is 1.12500, the commission is calculated as follows:
1.12050*100,000*1*0.0036%+1.12500*100, 000*1*0.0036%=8.08 usd
HCFX uses floating spread, that is, the spread will change with the fluctuation of exchange rate. Floating spreads can be expanded or narrowed by market changes, such as news, data or political behaviour that affect market exchange rates, natural disasters and so on. Of course, it is not as you understand that floating spread is floating to no margin, in fact, most of the time the spread is very preferential. Avoid data manipulation if you really care.
For example, EURUSD floating average spread is 2, GBPUSD floating average spread is 2, USDJPY floating average spread is 2, USDCAD floating average spread is 4, NZDUSD floating average spread is 4, XAUUSD floating average spread is 13, HK50 floating average spread is 350, US30 floating average spread is 120, UKOIL floating average spread is 22.
HC provides leverage range: maximum leverage 1:100, minimum leverage 1:25.
For example: eurusd,gbpusd,usdcad,usdjpy,audusd,nzdusd lever is 1:100;
xauusd,eurnok,gbpaud,hk50,ukoil,us30,xtiusd lever is 1:50;
usdmxn,usdtry lever is 1: 25.