HBC Broker Review

 

hbc-logo HBC Broker just went online in April of 2016. They utilize the Panda Trading platform and offer a large selection of assets investors can trade binary options on.

HBC Broker is licensed on the Pacific island of Vanuatu. They are owned and operated by IVA Star Ltd in Scotland.

But if you are wondering if HBC Broker is just another “fly-by-night” broker, I want to let you know that they have been in operation since 2010, and even before that they were known as JCF Consult.

HBC stands for Honest Broker Collaboration. They have a mission of providing honest and reliable binary options broker services.

HBC Broker Deposit Terms & Conditions

Upon creating an account at HBC Broker, you will be provided an account manager to help guide you through the process.

The minimum deposit is $250 and can be done via bank transfer, credit or debit card or even through Western Union and some ewallet systems.

HBC Broker does adhere to anti-money laundering policies. As such, you may be required to provide identification whenever the request is made.

HBC Broker Bonus Terms & Conditions

HBC Broker does offer bonuses, but you are not required to accept them.

Bonuses do have stipulations attached. It is not clear as to what the stipulations are to withdraw bonus money and profits at HBC Broker.

From their website, it seems that the trading volume requirements will be provided at the time the bonus is offered. So I strongly recommend that you review those stipulations closely before accepting any bonus.

Keep in mind that the biggest percentage of complaints against binary options brokers are geared around bonuses.

HBC Broker Withdrawal Terms & Conditions

Several reviews have stated that withdrawals are handled well at HBC Broker.

Because of AML regulations, before a withdrawal request can be processed, the trader must submit compliance documents.

These include:

  • A copy of your government issued identification
  • A copy of a utility bill showing your name and address
  • And a copy of the credit card used

This is asked for to keep you safe and secure and to follow strict regulations.

HBC Broker charges no fees for withdrawals.

 

HBC Broker Details

Trading platform
Panda TS
Deposit/Withdrawal Methods
Bank Wire, Credit/Debit Cards
Licence
None
Base Currencies
USD, EUR, GBP
Established
2016
Owner
IVA Star Ltd
Incorporated
Scotland
Demo Account
Yes
Expiry Times
60 sec, 90 sec, 2 min, 3 min & 5 min
Trade Sizes
$5, $10, $20, $50, $100, $250, $500
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