HFG
We checked HFG against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
HFG claims to be a regulated broker under the regulation of the Financial Service Providers of New Zealand (FSP). Then we searched on the New Zealand Financial Maekets Authority (NZ FMA) and found no matching result. That means HFG is not authorized to provide financial services in New Zealand. Downloading HGF MT4 platform, we found HGF is an Australia-based firm. We searched the Australian Securities & Investment Commission (ASIC), and found that HGF had an appointed representative license, but it was ceased in June 16, 2022. That means HGF is no longer authorized to provide financial services in Australia. The truth is that HGF is not regulated by any regulators. Letting this broker hold or control customers' money is unsafe and the money can not be protected by any laws. Therefore, it is 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 HFG.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.