HBC Broker is one of binary brokers who have been on financial market for many years now, since 1997. Back in 2010, they rebranded as HBC Broker and begin providing a platform for binary options.
This broker operates on South African market and has one great benefit, which is connectivity with Binary Options Robot software. It means how traders in South Africa are able to trade binary options via binary auto trading system.
To begin trading binaries with this broker, South Africans first need to register on their platform by providing several personal information, such as first and last name, email, country and phone number. Once they get access to the platform, for each next time, traders only have to login.
HBC Broker login requires from traders to provide username and password in order to start investing. It is very simple procedure and shouldn’t present any difficulties for traders, regardless if they are beginners or professionals.
After HBC Broker login procedure is successfully completed, South African traders will be able to use a set of different trading tools and techniques to explore the platform and potentially make a profit.
Platform looks very modern and simple for navigation, which greatly simplifies traders’ experience when being on the site.
Traders have multiple options, such as choosing a preferred trading account, different features and option to expand their knowledge with the help of several education materials.
HBC Broker – Scam or Not?
What we learned from HBC Broker review is that they are owned and operated by MPG INVEST Ltd. Under About Us tab, traders are able to find detailed information about their history and mission regarding binary options trading industry.
For traders who wonder, HBC Broker stands for Honest Brokers Collaboration. This binary broker is regulated by the Republic of Vanuatu.
On the platform, South African traders can learn more about their business by checking KYC Policy (Know Your Customer), AML Policy and Terms & Conditions.
It is recommended to read these policy to get better understand of what HBC Broker delivers to traders in South Africa and are they any signs of potential HBC Broker scam.
While checking the site, we noticed how there is no FAQ listed. Although they do offer a selection of edu materials under How to Trade tab, still, we find FAQs to be very useful since traders can get answers on needed queries regarding how to register, how to trade, what tools to use, banking info and many more.
As an indicator of non-existent HBC Broker scam, we can point out how they clearly show their address of both their operational and regulation office.
However, if traders have any questions and need help, they can reach this broker via customer support service. South African traders have several communication channels on disposal, such as: web contact form, email [email protected] and phone.
How to Withdraw Funds from HBC Broker?
This section is reserved for detailed information concerning HBC Broker withdrawal process, what does it incorporates and how to simply make withdrawal without any issues.
This broker offers several payment options to make HBC Broker withdrawal, such as:
- Cards: Visa and Mastercard
- Bank wire
- E wallets: Skrill Moneybookers, Neteller and WebMoney
For South Africans to be able to withdraw funds, they first need to submit a withdrawal request which will be verified by HBC Broker. They require from traders to send few verification documents which are necessary for this broker to verify trading account.
These documents include copy of ID card, proof of address and credit card copy. Estimated time for withdrawal request approval is within 4 business days.
For withdrawals via e-wallet providers, lowest withdrawal amount is set to $100. It is important to note how HBC Broker adheres to Anti Money Laundering policy which we are sure traders would be glad to know.
HBC Broker claims to have all money transactions safe and that traders don’t need to worry will their funds be secure on this trading platform.
If traders have any additional questions regarding HBC Broker withdrawal, they are advised to directly contact personal account manager who will provide them with needed information in order to successfully complete binary trading process.