HPK Trade
We checked HPK Trade against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Offshore registration: HPK Trade claims to be registered in St. Lucia, an offshore center known for its lax regulations. It is important to note that this jurisdiction does not license or regulate forex trading activities. Lack of regulatory oversight: While HPK Trade purports to be physically located in Dubai, there are no indications that it is authorized or regulated by the relevant financial regulators. Without valid licensing details to substantiate its legitimacy, HPK Trade is most likely a scam due to its unregulated status. In essence, HPK Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. HPK Trade appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report HPK Trade.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.