Huobi review
Huobi is a Multi-Assets Trading Platform with over 140+ Assets
Huobi is a multi asset platform with 140+ tradable Assets.
Assets available on Huobi include Forex trading, Spread Betting, Social trading, Share Dealing.
Huobi trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Spread Betting, Social trading, Share Dealing are considered financial assets.
Features of Huobi
- Social Trading available
- Copy Trading available
- Huobi offers Advanced Financial Chart comparison tools
- Huobi offers Research-backed analysis on financial markets and investments from top analysts
- The Huobi platform is available to use on multiple devices including and online through a Web Browser.
- Huobi offers a trading platform with tools for both New Traders and Seasoned Experts
- Huobi users benefit from using the Huobi platform in over 15 different languages
Huobi review
What you should know
Huobi offer four ways to trade: Forex trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the Huobi trading platform depends on the region of the world, you are in and the Huobi entity you have an account.
With Huobi you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with Huobi platform.
Huobi are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Huobi safe?
When considering Huobi for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Huobi, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years Huobi have a head office in Singapore.
Huobi is regulated. This means Huobi are supervised by and is checked for conduct by the Japans Financial Services Agency (FSA) regulatory bodies.
Huobi withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Huobi are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Huobi are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Huobi and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Huobi has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Huobi will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Huobi, you can enjoy peace of mind and focus on your trading activities. If Huobi violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with Huobi?
All payments made to Huobi by traders are securely held in a segregated bank account.
Huobi uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Huobi use them?
Huobi partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Huobi clients' funds.
Huobi clients can have greater confidence in their financial security when working with a Tier 1 bank because Huobi are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Huobi deposited in a Tier 1 bank?
Depositing funds with Huobi ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Huobi were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Huobi is a secure and safe platform.
Please be aware that trading in financial assets with Huobi carries a risk of loss. Huobi trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Huobi emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Huobi, let's closely examine its features.
To better understand the Huobi trading platform, you can create two separate accounts - one with real money and the other a Huobi demo account. A Huobi demo account provides a risk-free environment for experimenting with the Huobi platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Huobi trading decisions.
Open a demo account Visit Huobi
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Huobi as a Company Compare Against Other Brokers
| Broker |
huobi
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Year Established | 2008 | 2007 | 2009 | 2007 |
| Head Office | Singapore | Australia | Belize | Cyprus, UK |
| Regulation | Japans Financial Services Agency (FSA) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
| Used By | 10,000+ Huobi users | 180,000+ IC Markets users | 1,000,000+ Roboforex users | 30,000,000+ eToro users |
| Negative balance protection | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | |
| Learn More | Visit Huobi | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
Huobi review
Huobi Pros and Cons
Huobi review
Huobi Regulation and Licensing in more detail
Huobi is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Huobi going into insolvency. Huobi compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Huobi to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Huobi traders.
- Japans Financial Services Agency (FSA)
Huobi is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Huobi you should be sure they're legitimate online agent.
Is Huobi Global?
Yes, Huobi is global as Huobi is available in over 194 countries.
Huobi is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Huobi covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Huobi has a total of more than 10,000 users.
Huobi review
Huobi Fees Explained
- Huobi withdrawal fees varies on payment method
- Huobi does charge a fee for inactive accounts.
- Huobi does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Huobi are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Huobi Costs To Check
Modern brokers like Huobi provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Huobi may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Huobi trading profitability.
How Huobi Fees Compare Against Other Brokers
| Broker |
huobi
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Min Deposit | 1 | 200 | 10 | 100 |
| Withdrawal Fees | varies | No | Yes | Yes |
| Inactivity Fees | No | No | Yes | |
| Deposit Fees | Varies | No | No | |
| CFD Commission Fees | Yes | No | Yes |
Huobi Minimum Deposit
Huobi requires a minimum deposit of 1 GBP/USD/EUR when opening an Huobi trading account.
A minimum deposit is the minimum amount of money required by Huobi to open a new online brokerage account with them.
Don't be scared off by brokers like Huobi charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like Huobi, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Huobi Withdrawal Fees
The fees for withdrawing funds from your Huobi account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Huobi withdrawal request is important.
Huobi Withdrawal rules may vary across different brokers when it comes to transferring funds from your Huobi or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Huobi may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Huobi withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Huobi. Researching and comparing Huobi withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Huobi funds frequently or dealing with large sums of money. Awareness of these Huobi fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Huobi funds.
For example, Huobi allows you to withdraw your funds to Cryptocurrency.
Huobi Inactivity Fees
Huobi does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Huobi terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Huobi fees and services. It's recommended that you check the Huobi website before signing up. If you decide to close your Huobi account, it's important to do so with the Huobi broker customer support and obtain confirmation that no remaining Huobi fees are due.
Brokers like Huobi must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Huobi Deposit Fees
Huobi do charge deposit fees.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Huobi Commission Fees
Huobi does charge commission on CFD instruments.
Brokerage firms like Huobi may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Huobi trading account level held by the trader.
Huobi may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Huobi terms and conditions to understand the commission fees and any other charges that may apply is essential.
Huobi review
What can you trade with Huobi?
It's essential to note that the trading instruments offered under the Huobi brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Huobi trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Huobi over 140 instruments in fact.
If you want to trade currency pairs on global Forex markets, Huobi offer over currency pairs.
Huobi Compared To Other Brokers
Compare Huobi with IC Markets and Roboforex below.
How Huobi Trading Options Compare Against Other Brokers
| Broker |
huobi
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Instruments Available | 140 | 2250 | 100 | 5000 |
| Platforms | MetaTrader 4,MetaTrader 5,cTrader | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| FX / Currencies | ||||
| Forex pairs offered | 61 | 35 | 50 | |
| Major Forex pairs | Yes | Yes | Yes | Yes |
| Minor Forex pairs | No | Yes | Yes | Yes |
| Exotic Forex pairs | No | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes |
| Commodity CFDs | ||||
| Commodities Offered | 0 | 20 | 21 | 31 |
| Metals | NO | Yes | Yes | Yes |
| Energies | NO | Yes | No | Yes |
| Agricultural | No | Yes | No | Yes |
| Indiced & Stock CFDs | ||||
| Stocks Offered | 2100 | 0 | 2042 | |
| UK Shares | NO | Yes | Yes | Yes |
| US Shares | No | Yes | Yes | Yes |
| German Shares | NO | Yes | Yes | Yes |
| Japanese Shares | No | Yes | Yes | Yes |
| Risk Warning |
Visit Huobi
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider. |
Huobi review
Trading on Huobi web platforms and other applications
Huobi is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
Huobi also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Huobi's platformsIs the Huobi Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Huobi trading platform to protect you on PC and mobile Huobi platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Huobi web trading platforms.
Huobi Trading Platform Options
After logging into your Huobi account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Huobi does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options Huobi gives you.
Huobi review
Huobi MetaTrader 4 (MT4)
Huobi MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Huobi offers traders comprehensive features and tools to enhance their trading performance. The Huobi MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Huobi platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Huobi traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Huobi traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Huobi trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Huobi MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Huobi, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Huobi MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Huobi allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with Huobi in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Huobi MetaTrader 4 is compatible with the latest macOS. Huobi allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on Huobi
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade Huobi MetaTrader 4 on iOS Devices
You can download the Huobi app or trade with Huobi through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Huobi customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade Huobi MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and Huobi offers its clients access to the MetaTrader 4 platform on these devices. With the Huobi MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Huobi traders to stay on top of their trades and react quickly to changes in the market. With the Huobi MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade Huobi MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on Huobi are a powerful bundle of three major indicators designed to help traders make informed decisions. Huobi MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help Huobi traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Huobi traders to potentially stay one step ahead.
Huobi MetaTrader 4 Advanced Trading Tools
The Huobi MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Huobi traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Huobi provides traders with everything they need to succeed. The Huobi MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Huobi traders to analyze the market at any level of complexity.
Trade Huobi MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
Huobi MetaTrader 4 & MetaTrader 5 AutoChartist
Autochartist on the Huobi platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for Huobi MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.
With Autochartist, Huobi traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Huobi users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Huobi traders can navigate the platform and find the information they need to make informed trading decisions.
Huobi Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Huobi traders of all experience levels.
Huobi review
Huobi MetaTrader 5 (MT5)
Huobi MetaTrader 5 (MT5) In Detail
Huobi MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, Huobi MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
MT5 on Huobi provides the convenience of using automated trading systems and copy trading, giving Huobi traders competitive research tools in the financial markets.
You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.
Trade Huobi MetaTrader 5 WebTrader
Access your Huobi MetaTrader 5 accounts from any web browser. MT5 on Huobi features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.
Huobi review
Huobi MT5 Buying and Selling
Huobi MetaTrader 5 on iOS Devices
Huobi MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. Huobi MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
Huobi MetaTrader 5 on Android Devices
The Huobi MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the Huobi trading server. Take the time to understand all of the Huobi Android MetaTrader 5 features. With Huobi MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
Huobi Metatrader Mobile Application Features
MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :
- Huobi Financial instrument quotes
- View in-depth price charts of financial instruments with Huobi MetaTrader
- Manage trades and open positions on Huobi MT4 & MT5
- View your Huobi trading history
- View market news
- MetaTrader internal messaging on Huobi
- View and research market statics of Huobi financial instruments
- Huobi Position opening and closing
- Lookup symbols in the Huobi MetaTrader quotes section
- Display of deals on Huobi graphs
- Huobi Timeframe selection for graphs and charts
- Additional vertical scaling of Huobi graphs
- Capability to transfer Huobi accounts to other devices using QR codes
- Information is available only if it's supplied by Huobi
- Access the OTP generator through FaceID or fingerprint with Huobi
Huobi MetaTrader 5 Advanced Trading Tools
Huobi MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.
- Huobi MT5 Depth of market bids and asks
- Financial Price Data on Huobi
- Margin Calculation, Futures, Forex on Huobi
- Advanced Techincal Analysis on Huobi MT5
- One click trading on Huobi MT5
- Huobi Spreads
- Huobi Futures
- Huobi Trading Reports
Huobi Trading benefits
- Huobi Low min deposit
Huobi Trading Accounts Offered
Below we give an overview of the account types that Huobi offer. Whatever you are looking to trade, the varying Huobi account types will be able to provide you with what you need.
- Huobi Mini account
- Huobi Standard account
- Huobi Islamic account
Can I try Huobi?
Huobi provides a demo account that enables individuals to explore trading before investing their funds. By creating a Huobi practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Huobi demo account can help individuals to make informed decisions before investing their money.
Open a demo Huobi account to practice and trade.
Your capital is at risk
Huobi withdrawal and funding methods
It's essential to remember that the payment methods provided by Huobi vary based on the Huobi entity and the Huobi client's country of residence. To view the Huobi payment options available, you can log into your Huobi member's area.
Huobi offers various funding payment methods listed in your Huobi dashboard if available in your region. To learn more about the Huobi funding and withdrawal options available in your area, you can explore the Huobi website.
Huobi provides several payment methods for funding your Huobi account. You may utilize any of these deposit options if they are available in your region. Huobi ensures that users have multiple payment methods to choose from, making it more convenient for verified Huobi account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Huobi user's location. learn more about Huobi funding and withdrawal methods.Huobi Payment Methods
Some Huobi payment methods are local and are available only to specific regions. Huobi account holders should check which payment methods are provided in your region.- Huobi accepts Cryptocurrency
| Broker |
huobi
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Bank transfer | No | Yes | Yes | Yes |
| Credit Cards | No | Yes | Yes | Yes |
| Paypal | No | Yes | No | Yes |
| Skrill | No | Yes | Yes | Yes |
| Payoneer | No | No | Yes | No |
| Neteller | No | Yes | Yes | Yes |
*please note available Huobi and other broker payment methods depend on the clients country of residence.
How can I start trading with Huobi?
To open a trading account with Huobi, individuals can sign up on the Huobi website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Huobi account validation and making a deposit. Once completed, Huobi users can download the trading platform of their choice.
It's important to note that Huobi requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Huobi maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Huobi trading platforms is available on their website.
Your capital is at risk
Performing trades with Huobi
When using Huobi, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Huobi have a max trade of varies.
Huobi, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Huobi can be useful for traders starting or with limited capital.
Like other brokers, Huobi margin requirements can differ depending on the traded instrument.
Education Resources at Huobi
To trade effectively with Huobi, it's important to have a good understanding of the Huobi trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Huobi and externally.
Huobi . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Huobi. Familiarizing yourself with the Huobi trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Huobi. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Huobi involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Huobi, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Huobi. Explore the Huobi platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Huobi, before live trading.
Customer Support at Huobi
As part of our Huobi review, we review customer service options, response times and problem resolution effectiveness on the Huobi trading platform. The Huobi trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Huobi Available Support Types
Based on our experience, we have given Huobi a D grade for customer support. We encountered some slow response times or Huobi queries that were left unanswered.
Compared to other brokers, Huobi offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages.Livechat Support at Huobi
Our team tested the live chat support of Huobi and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested Huobi support services in various countries and languages and found that Huobi were able to effectively resolve our customer issues.
Email Support at Huobi
We tested the email support of Huobi by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Huobi response.
The Huobi team did resolve and answer our queries, but the email support from Huobi was overall average compared to other brokers we have tested.
Phone Support at Huobi
Huobi does not offer Phone Support.
See how Huobi Support Compares Against Other Brokers
| Broker |
huobi
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Support |
|
|
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| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
| Learn More | Visit Huobi | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Huobi
As Huobi is regulated by Japans Financial Services Agency (FSA).
As a new client of Huobi, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Huobi in your region. During the Huobi account opening process, you will be asked to provide Huobi with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Huobi have the following documents available.
- Huobi require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Huobi compliance. This must be dated within the last six months.
- If you plan to fund your Huobi account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Huobi platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Huobi Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Huobi's platform.
However, remember that you won't be able to make trades on Huobi until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Huobi KYC compliance process as soon as possible to avoid any delays in accessing the Huobi platform's features.
It is important to note that Huobi may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Huobi platform and features immediately. However, you must pass the verification process to start live trading with Huobi, which can take up to a few business days.
To start the process of opening an account with Huobi you can visit the Huobi trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.huobi.com/ on April 24, 2024.
Is Huobi A Good Broker?
We have spent over 5 years examining Huobi in depth. Although we found some very useful aspects of the Huobi platform that would be useful to some traders. We feel that a alternative to Huobi may better suit you.
- Huobi have a good track record of offering Forex trading, Spread Betting, Social trading, Share Dealing.
- Huobi has a history of over 16 years.
- Huobi has a reasonable sized customer support of at least 10.
- Huobi are regulated by the Japans Financial Services Agency (FSA). Huobi is subject to strict regulatory oversight from its respective jurisdiction, which holds Huobi (the broker) accountable for misconduct. This regulatory framework helps ensure that Huobi operates fairly and transparently and provides Huobi customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Huobi.
- Huobi have regulation from reputable regulators.
- One of the advantages of using Huobi is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Huobi are particularly important as Huobi traders want to receive their money quickly. With the efficient Huobi payment processing system, traders can enjoy faster access to their Huobi funds.
- Huobi have an international presence in multiple countries. Including local Huobi seminars and training.
- Huobi can hire people from various locations in the world who can better communicate in your local language.
Huobi Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Huobi not quite right?
If after reading this Huobi review, Huobi does not fulfill your needs check out these Huobi Alternatives.
Click here to view the best Huobi Alternatives
We have spent years researching the best alternatives to Huobi. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective Huobi alternatives available today. If you are unsatisfied with Huobi or want to explore other options, we recommend checking out our carefully curated list of highly-rated Huobi alternatives. Follow the links below to learn more about these Huobi broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
- Roboforex Review
- eToro Review
- XTB Review
- XM Review
- Pepperstone Review
- AvaTrade Review
- FP Markets Review
- NordFX Review
- easyMarkets Review
- SpreadEx Review
- FxPro Review
- Plus500 Review
- Admiral Markets Review
- ThinkMarkets Review
- FXPrimus Review
- Trading 212 Review
- ForexMart Review
- Eightcap Review
- ForTrade Review
- Interactive Brokers Review
- Forex.com Review
- IG Review
- Robinhood Review
- Coinbase Review
- Binance Review
- ETX Capital Review
- Core Spreads Review
Related Huobi Vs Comparisons
Throughout our comprehensive Huobi review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Huobi against other popular brokers in the industry, check out our Huobi Vs pages. Our team has compiled a series of detailed Huobi comparison articles, pitting the Huobi platform against some of the best-rated Huobi competitors in the market. Dive into our informative Huobi Vs pages below to find out how Huobi stacks up against other leading brokers.
- Huobi vs ICMarkets
- Huobi vs Roboforex
- Huobi vs eToro
- Huobi vs XTB
- Huobi vs XM
- Huobi vs Pepperstone
- Huobi vs AvaTrade
- Huobi vs FPMarkets
- Huobi vs NordFX
- Huobi vs easyMarkets
- Huobi vs SpreadEx
- Huobi vs FxPro
- Huobi vs Plus500
- Huobi vs AdmiralMarkets
- Huobi vs ThinkMarkets
- Huobi vs FXPrimus
- Huobi vs Trading212
- Huobi vs ForexMart
- Huobi vs Eightcap
- Huobi vs ForTrade
- Huobi vs InteractiveBrokers
- Huobi vs Forex.com
- Huobi vs IG
- Huobi vs Robinhood
- Huobi vs Coinbase
- Huobi vs Binance
- Huobi vs ETXCapital
- Huobi vs CoreSpreads
Huobi review
HUOBI Frequently Asked Questions
Read our detailed Huobi FAQ Section updated for 2024.
Can I try Huobi?
Huobi do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do Huobi accept?
Please note that the list of payment methods below depends on the Huobi Entity and the client's Country of Residence.
Huobi offer the following funding payment methods Cryptocurrency, among other payment methods.
Learn more here
Is Huobi safe?
Huobi have over 10,000 users. Huobi are considered reliable as they are regulated by and checked for conduct by the Japans Financial Services Agency (FSA). Any payments funded to Huobi accounts by traders are held in a segregated bank account. For added security,Huobi use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Huobi is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Huobi unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is Huobi trading good?
Huobi is considered good and reputable to trade with Huobi. Huobi is used by over 10,000 traders and Huobi users. Huobi offers Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with Huobi is 1.
Is Huobi trading Legit?
Huobi was founded in Singapore in 2008. Huobi has been facilitating trade on the financial markets for over 16 years. Huobi offers clients Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to Huobi are held in segregated bank accounts for security. Huobi is regulated by Japans Financial Services Agency (FSA) so can be considered legit.
Is Huobi a good broker?
Huobi allows Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. Huobi is overseen by the top tier financial regulators Japans Financial Services Agency (FSA) so can be considered a good broker.
Is Huobi trustworthy broker?
Huobi is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Huobi, money is in a segregated bank account that is separate from Huobi company's funds. As a regulated broker, Huobi cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Huobi. Instead, your Huobi funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Huobi. Also Huobi is regulated in its local jurisdictions including major financial regulators like Japans Financial Services Agency (FSA).
What is the minimum deposit for Huobi?
The minimum deposit to trade with Huobi is 1.
How long do Huobi withdrawals take?
Withdrawing money from Huobi processing time varies depending on the method but averages 1-5 days.
Is Huobi regulated?
Huobi is regulated by the Japans Financial Services Agency (FSA). Regulatory bodies conduct regular reviews and audits as part of Huobi maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Huobi a market maker?
Huobi is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with Huobi?
When opening a trading account with Huobi, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Huobi trading platforms, you can follow the link provided below: Learn more about signing up with the Huobi trading platform here. This will provide useful information and insights into the various trading platforms offered by Huobi, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Huobi?
Yes your money is safe with Huobi.
Overall, strict financial regulation is essential for ensuring that trading platforms like Huobi operate fairly, transparently, and responsibly, which ultimately benefits all Huobi stakeholders involved.
Trading platforms like Huobi must have strict financial regulation for several reasons:
- Protecting Huobi Investors: Strict financial regulation ensures that investors who use the Huobi trading platform are protected against fraudulent or unethical behavior by the Huobi platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Huobi platform.
- Maintaining Huobi Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Huobi trading platform. Regulatory procedures reduce the likelihood of the Huobi platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Huobi Transparency: Regulations require trading platforms like Huobi to maintain detailed records and disclose Huobi client information. Financial regulatory requirements enhances transparency and helps to build trust between the Huobi platform and its investors.
Huobi is regulated by the Japans Financial Services Agency (FSA). When selecting a broker such as Huobi, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Huobi ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Huobi.
Is Huobi a con?
Huobi is regulated and well established, having been in business for over 16 years. Huobi is not a con.
Can you make money with Huobi?
Although traders have had great success with Huobi, trading on the financial markets with Huobi is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Huobi have fees?
Huobi withdrawal fees vary on payment method.Huobi does charge a fee for inactive accounts. Huobi do charge deposit fees.
When was Huobi founded?
Huobi was founded in 2008.
How many people use Huobi?
Huobi is used by over 10,000 registered Huobi users.
What is Huobi Headquarters country?
Huobi has its head quarters office in Singapore .
Does Huobi offer negative balance protection?
Huobi does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Huobi offer guaranteed stop loss?
Huobi does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Huobi allow scalping?
Huobi does not offer scalping.
Does Huobi allow hedging?
Huobi does not offer hedging.
Does Huobi offer CFD trading?
Huobi does not offer CFD trading.
Does Huobi offer STP?
Huobi does not offer STP trading.
How many people use Huobi?
Huobi is used by over 10000 Huobi users and traders.
Is Huobi an ECN broker?
Huobi does not offer ECN trading.
Does Huobi offer a demo account?
Huobi does not offer demo account.
Does Huobi offer an Islamic account?
Huobi offers an Islamic account.
What are the funding methods for Huobi?
Please note that funding methods and options available with Huobi can be found in the Huobi Members area and depend on the Huobi client’s country of residence. Please check your specific available payment methods on the Huobi website. Huobi accept the following funding methods : Cryptocurrency.
Huobi review written by Andrew Blumer and Mark Hansen
