Forex HXPM Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

HXPM Trading Conditions

Registered Region Hong Kong

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email cs@hx9999.com

Contact Number 85237988888

Website www.hx9999.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, commodities, and cryptocurrencies
Access to popular trading platforms MetaTrader 4 and MetaTrader 5
Multiple account types catering to various trader levels
High leverage options available, up to 1:500
Competitive spreads on certain account types

Cons

Not regulated by any recognized financial authority
Potential clone firm status raises legitimacy concerns
Limited customer support options primarily in Chinese
Lack of educational resources for traders
Outdated trading platforms with limited features

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	HXPM	Fidelity	SCFH	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Hong Kong	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does HXPM Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Starter Account	Beginners	Minimum deposit of $100, competitive spreads starting from 1.0 pip	Suitable for small-capital practice, may have limitations for experienced traders
Advanced Account	Experienced Traders	Minimum deposit of $1,000, tighter spreads starting from 0.5 pips	Requires trading volume qualifications, designed for traders seeking reduced costs
Pro Elite Account	Professional Traders	Minimum deposit of $10,000, tightest spreads starting from 0.1 pip	Intended for high-net-worth individuals, may have exclusive features

Account Opening Process

To open an account with HXPM, prospective traders will need to submit personal, employment, and financial information. This includes providing identity verification documents, such as an ID and proof of address. Additionally, there is flexibility in account types, allowing traders to upgrade to a professional account later if they meet the necessary requirements.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	1.0	$0	Competitive spreads for beginners
CFDs (Indices)	0.5	$0	Tighter spreads for advanced traders
CFDs (Commodities)	0.8	$0	Varies depending on market conditions
Cryptocurrencies (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

Additional fees may include deposit and withdrawal fees, which can vary based on the chosen payment methods. Inactivity fees may apply if the account remains dormant for an extended period. Platform usage fees are not specified but could be present. Traders should also be aware of overnight interest (swap rates) for positions held overnight and potential currency conversion fees when trading different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

HXPM User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Lee

Hong Kong

★ ★ ★ ★ ★

I had a terrible experience with HXPM. I tried to withdraw my funds but faced constant delays and unhelpful customer support. It feels like they are just stalling. I would not recommend this broker to anyone.

Emily Wong

Hong Kong

★ ★ ★ ★ ★

The trading platform itself works fine, but the customer service is extremely limited. I had issues that needed urgent attention, but they only provide support in Chinese, and I couldn’t get the help I needed.

Michael Chen

Hong Kong

★ ★ ★ ★ ★

I’ve been using HXPM for a while now. The trading instruments available are diverse, and I appreciate the competitive spreads on my Advanced Account. However, I wish there were more educational resources available.

Sophia Zhang

Hong Kong

★ ★ ★ ★ ★

HXPM has been a reliable broker for me. The MetaTrader platforms are user-friendly, and I find the execution speed to be quite fast. Overall, I’m satisfied with my trading experience here.

Hong Kong Market