This HQBroker review assesses the broker’s regulatory status, platform availability, trading conditions, and overall transparency. HQBroker operated as an offshore CFD and forex provider, primarily targeting global retail traders through a web-based platform, but has since ceased active operations under its known structure.

Regulation and Safety

HQBroker was previously registered in the Marshall Islands, a jurisdiction that does not regulate or license forex brokers in a formal capacity:

• Registered Entity: Capzone Invest Ltd
• Jurisdiction: Marshall Islands (No financial supervision or investor protection)

No regulatory oversight was in place, and there was no investor compensation scheme, fund segregation, or audit verification.

Execution Model and Trading Platforms

HQBroker operated a Market Maker model using a proprietary web-based platform that mimicked features of MetaTrader but lacked independent execution transparency.

• WebTrader: HTML5 browser-based terminal with charting and analysis tools
• No MT4, MT5, FIX API, or VPS access

Markets and Instruments

Clients had access to CFDs across 5 major asset classes:

• Forex: Majors and minors (EUR/USD, GBP/JPY, etc.)
• Indices: DAX, S&P 500, Dow Jones
• Commodities: Gold, silver, oil
• Stocks: US and European equities (CFDs only)
• Cryptocurrencies: BTC, ETH, LTC (CFDs)

Exact asset count and leverage varied based on account type.

Accounts, Spreads and Leverage

HQBroker offered five account tiers:

• Basic: Spreads from 2.5 pips, leverage up to 1:100
• Silver: Leverage up to 1:200
• Gold: Reduced spreads, basic education access
• Platinum: Spreads from 1.5 pips, account manager
• Investor: VIP terms with leverage up to 1:400

No transparent disclosure of commissions or swap fees. Minimum deposit started at $250. Stop-out level and margin call procedures were not clearly defined.

Funding and Base Currencies

Accepted payment methods included:

• Visa/Mastercard
• Bank wire
• Skrill, Neteller (in limited regions)

Supported base currencies: USD, EUR. Deposits were instant; withdrawals were frequently reported as delayed or denied by users. Processing times and fees lacked standard disclosure.

Client Protections and Features

• No negative balance protection
• No fund segregation guarantees
• No regulatory compensation scheme
• Unverified claims of SSL encryption and data privacy
• No audit trails or compliance reviews

Institutional and Retail Offering

HQBroker catered exclusively to retail clients. It offered no:

• FIX API connectivity
• White-label partnerships
• Liquidity or prime brokerage solutions

Pros and Cons

Pros

• Web-based platform accessible without installation
• Multi-asset CFD offering
• High leverage available for some accounts

Cons

• Unregulated offshore registration
• No investor protection or fund safeguards
• Frequent user complaints of withdrawal issues
• No support for MT4, MT5, or advanced trading tools
• Opaque fees and lack of account transparency

Frequently Asked Questions

Is HQBroker regulated?

No, HQBroker was registered in the Marshall Islands and operated without any financial regulatory license.

Is HQBroker still active?

No, HQBroker appears to have ceased operations and is no longer accepting new clients or processing trades.

What platforms did HQBroker offer?

HQBroker used a proprietary WebTrader platform only. It did not support MT4, MT5, or third-party platforms.

Were funds safe with HQBroker?

Client funds were not protected under any regulatory scheme. Segregation and withdrawal safeguards were not verifiable.

Did HQBroker offer crypto trading?

Yes, but only via CFDs. HQBroker did not offer direct crypto asset ownership.