This Huobi FX review investigates the broker’s regulatory framework, trading capabilities, platform support, and risk profile. Huobi FX appears to be an unregulated offshoot or rebranded service related to the Huobi cryptocurrency exchange, offering leveraged trading on forex and CFDs through a crypto-funded gateway. It is not the same as the regulated Huobi exchange.

Regulation and Safety

Huobi FX is not regulated by any recognised financial authority:

• Regulatory Status: Unregulated
• Jurisdiction Claimed: Seychelles or offshore (unverified)
• No licensing: Not authorised by FCA, CySEC, ASIC, or MAS

There is no investor compensation scheme, no publicly disclosed audits, and no guarantee of fund segregation. Users are exposed to high counterparty risk.

Execution Model and Trading Platforms

Huobi FX claims to offer leveraged trading on multiple instruments via a web platform or mobile app. However, there is no transparency on execution methods:

• No confirmation of ECN, STP, or NDD execution
• No support for MT4, MT5, or cTrader
• Web-based proprietary platform with crypto wallet integration

No VPS, FIX API, or trading infrastructure is mentioned. The service operates more like a crypto margin platform than a forex brokerage.

Markets and Instruments

Huobi FX offers a limited set of leveraged products primarily focused on crypto-linked trading:

• Forex: Limited access, pairs like BTC/USD, ETH/USD
• Crypto: BTC, ETH, XRP, DOGE, SOL (CFDs)
• Commodities/Indices: Not clearly offered or documented

Full asset listing is unavailable, and spreads or conditions are not disclosed publicly.

Accounts, Spreads and Leverage

Huobi FX does not offer standard account types. Instead, margin wallets or trading subaccounts are used:

• Spreads: Not published
• Leverage: Up to 1:100 on select pairs
• Minimum deposit: Varies by crypto (equivalent to ~$50–$100)
• Commission/Fees: Hidden within spread or per trade

Terms are not documented, and trading conditions vary without notice.

Funding and Base Currencies

Huobi FX only supports crypto-based funding through the main Huobi wallet ecosystem:

• Bitcoin (BTC)
• Ethereum (ETH)
• Tether (USDT)
• Huobi Token (HT)

No fiat options are provided. Withdrawals are on-chain and dependent on network conditions. Base currencies are crypto-denominated.

Client Protections and Features

• No licensing or regulation
• No investor protection scheme
• No audit trail or dispute resolution process
• No negative balance protection
• 2FA and wallet authentication (inherited from Huobi exchange)

Institutional and Retail Offering

Huobi FX focuses on crypto retail traders:

• No FIX API or advanced execution systems
• No white-label or B2B products
• No account management or dedicated relationship services

Pros and Cons

Pros

• Crypto margin trading integrated with Huobi ecosystem
• Mobile access and real-time wallet integration
• Low barrier to entry via crypto funding

Cons

• Unregulated and lacking financial oversight
• No clear trading conditions or transparency
• No support for MT4, MT5, or professional tools
• Not suitable for regulated market participants
• No legal protections or compensation scheme

Frequently Asked Questions

Is Huobi FX a regulated broker?

No, Huobi FX is not regulated and has no authorisation from any financial supervisory authority.

Can I use MT4 or MT5 with Huobi FX?

No, the broker does not support MetaTrader platforms. Trading is only available via its proprietary web or app interface.

What can I trade on Huobi FX?

The broker primarily offers crypto CFDs and some forex pairs with crypto as base currency, such as BTC/USD and ETH/USD.

How do I fund my account on Huobi FX?

You can fund your account using cryptocurrencies like BTC, ETH, USDT, or Huobi Token via the Huobi exchange wallet.

Is Huobi FX safe?

No. It is unregulated, lacks transparency, and does not offer any investor protection mechanisms.