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Do You Want to Know If HostFX Is Legitimate or a Scam Broker?
HostFX may have a website that has several inspirational phrases on it, but that’s all this broker is likely to give you. They may claim to offer typical brokerage services, but they don’t offer any proof of licensing. The SEC has flagged this broker for not having a license. This is a serious problem because, without a license, there is no way a broker will protect their customers.
There Are Some Problems with HostFX
In addition to these problems, we saw some serious alerts online about HostFX. Apparently, it has decided that it has a license to operate in the UK (it doesn’t, in fact) because there is a similar address, although with the UK at the end that has been taking money from clients and refusing to grant withdrawals. It isn’t uncommon for fake websites to spin themselves off and vary their addresses slightly.
Red Flags that HostFX Could Be a Scam Broker
- No license
- Warning from the SEC
- Apparently has a fake UK site
- No transparency
- Misleading statements
- Bad reviews
If You Need Fund Recovery from HostFX, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.