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The WikiFX Score of this broker is reduced because of too many complaints!

HGNH

Hong Kong | 15-20 years |
Regulated in Hong Kong | Dealing in futures contracts | Self-developed | Suspicious Scope of Business | Hong Kong Leveraged foreign exchange trading Revoked | Suspicious Overrun | Medium potential risk

https://www.henghua.hk/henghuaEnglish/hgnhe.html

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Influence

Influence

C

Influence index NO.1

Hong Kong 2.71
Surpassed 77.40% brokers
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Contact

https://www.henghua.hk/henghuaEnglish/hgnhe.html
17/F,Centre Point,181-185 Gloucester Road,Wanchai,HongKong
The WikiFX Score of this broker is reduced because of too many complaints!
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1G

40G

1M*ADSL

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WikiFX Risk Alerts
2025-09-24
  • China Hong Kong SFC (license number: BBT517) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
8

Basic Information

Registered Region
Hong Kong
Operating Period
15-20 years
Company Name
HGNH International Financial Corporation Limited
Abbreviation
HGNH
Company employee
--
Company address
17/F,Centre Point,181-185 Gloucester Road,Wanchai,HongKong
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Wiki Q&A
Comment

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Official website

Website

henghua.hk
223.197.58.137
Server Location
Hong Kong
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
WHOIS.HKIRC.HK
Company
-

Genealogy

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Relevant Enterprises

HGNH International Forex Co., Limited(Hong Kong)
Active
Hong Kong
Registration No.
1948113
Established
2013-08-05
HGNH International Securities Co., Limited(Hong Kong)
Active
Hong Kong
Registration No.
1948169
Established
2013-08-05
HGNH International Financial Corporation Limited(Hong Kong)
Active
Hong Kong
Registration No.
1658051
Established
2007-06-26
HGNH International Futures Co., Limited(Hong Kong)
Active
Hong Kong
Registration No.
1053717
Established
2006-06-20

Company Summary

HGNHReview Summary
Founded15-20 years
Registered Country/RegionHong Kong
RegulationUnregulated
Services Futures Business/Securities Business/Asset Management Business
Trading PlatformPolestar Global Trading/Henghua International Trading
Customer SupportPhone: 4008888910-2
Service hotline: 400-8888-910 ext. 2
400 trading hotline: 400-8888-910 ext. 2 ext. 2 (Securities)/400-8888-910 ext. 2 ext. 1 (Futures)
Futures trading hotline: 852-2805 2701, 2805 2702 /86-139 1147 1423
Securities trading hotline: 852-2534 9137 / 86-1471503 6063
Complaints and suggestions: hgnh-co@nawaa.com / 400 8888 910-2
Company fax: 852-28052978

HGNH Information

HGNH (formerly Nanhua Hong Kong) is a wholly-owned subsidiary of China Nanhua Futures Co., Ltd., which was established in Hong Kong in 2006.

Henghua International currently provides securities trading, futures contract trading, leveraged foreign exchange trading, securities consulting, futures contract consulting, asset management, lending, futures contract settlement, and other services.

HGNH Information

Is HGNH Legit?

HGNH is authorized and regulated by the Securities and Futures Commission of Hong Kong(SFC) under license No.AOU118, making it safer than the regulated company.

Is HGNH Legit?

What services does HGNH provide?

HGNH provides services in four major areas: futures business, securities business, asset management business, and wealth management business.

Futures Business: Includes commodity securities derivatives trading, trading, R&D, value-added services, and middle office services.

Securities Business: Stock, fund, index, and other trading services.

Asset Management Business: Provide fund management, investment consulting, RQFII business management, RQFII business, and FOF products in the Chinese market.

Keywords

  • 15-20 years
  • Regulated in Hong Kong
  • Dealing in futures contracts
  • Dealing in securities
  • Advising on securities
  • Self-developed
  • Suspicious Scope of Business
  • Hong Kong Leveraged foreign exchange trading Revoked
  • Suspicious Overrun
  • Medium potential risk

Wiki Q&A

gnsrael
Within 1 year

What’s the smallest amount I’m allowed to withdraw in a single transaction from my HGNH account?

WikiFX Reply
From my own research and personal approach as a seasoned trader, I always look closely at a broker’s withdrawal practices before getting involved. With HGNH, I found a worrying lack of transparency around key withdrawal terms. Importantly, there is no disclosed information on their minimum withdrawal amount per transaction. This absence of clear withdrawal policy is already a significant concern for me, as it impedes reliable financial planning and raises questions about operational transparency. What truly gives me pause, though, are the numerous user complaints detailing serious, consistent problems with fund withdrawals. Several traders have reported being able to make small withdrawals at first, but then encountering repeated rejections or outright freezes when trying to access larger or subsequent amounts. Some describe being asked to pay additional fees simply to unfreeze or access their own funds. As someone who prioritizes security and withdrawal reliability above all else, such patterns are a red flag. In my experience, legitimate brokers make withdrawal terms clear and accessible because this is fundamental to trader trust. In summary, given the lack of clear documentation and the repeated problems reported by other users, I cannot confirm what HGNH’s minimum withdrawal amount is. I would strongly advise extreme caution and to verify all withdrawal-related terms directly with the firm—ideally in writing—before ever committing funds.
Broker Issues
HGNH
Withdrawal
Deposit
08-26
United States
Rojas
Within 1 year

Are there any payment methods with HGNH that allow for immediate withdrawals?

WikiFX Reply
As a seasoned forex trader, I approach brokers like HGNH with a cautious mindset, and for good reason. Based on my review of the available information, withdrawal issues have been a significant concern among users. There are multiple reports indicating that while small withdrawals might be processed at first, subsequent requests—especially larger amounts—can be repeatedly delayed or outright rejected. In some cases, individuals have stated that account funds were frozen and that unexpected additional payments were demanded just to “unfreeze” their access. Such obstacles make immediate withdrawals, regardless of payment method, highly questionable for me. The regulatory background only deepens my hesitation. While HGNH previously held a license from the Securities and Futures Commission in Hong Kong, their authorization for leveraged foreign exchange trading has been revoked, and there are flags about potential overreach in their business activities. This regulatory uncertainty raises doubts about operational transparency and secure client fund handling. For anyone, but especially for traders relying on timely access to their capital, this is a critical risk factor. Given this context, I have not found credible evidence or user experiences confirming that any payment method with HGNH allows for immediate, hassle-free withdrawals. My advice is to be extremely careful and avoid assuming prompt withdrawals are possible, regardless of the payment option used. Maintaining control of your funds and prioritizing safety over convenience is paramount in this environment.
Broker Issues
HGNH
Deposit
Withdrawal
07-26
United States
Bhavani Durga K
Within 1 year

Which trading platforms are offered by HGNH? Do they support MT4, MT5, or cTrader?

WikiFX Reply
From my own review and due diligence, I found HGNH offers its own proprietary trading platforms, notably Polestar Global Trading and Henghua International Trading. While these are self-developed, and theoretically tailored to the firm's product offering, I noticed that there is no evidence of support for industry-standard platforms like MT4, MT5, or cTrader. As a seasoned trader, I place significant value on platform transparency and proven third-party infrastructure, as these are important for the security of funds and the reliability of order execution. What stood out to me is that brokers utilizing proprietary platforms can sometimes present unique features, but they also increase the learning curve and reduce the ability to benchmark execution, tools, or spreads against widely used alternatives such as MetaTrader 4 or 5. The absence of MT4, MT5, or cTrader may be a drawback for traders who are accustomed to those interfaces or depend on their abundant plugin libraries and expert advisors. For me, platform choice is not just about comfort, but trust and technical robustness, and I always approach proprietary-only brokers with greater caution, seeking ample real user feedback and a thorough understanding of withdrawal procedures and trade transparency before considering any engagement.
Broker Issues
HGNH
Account
Platform
Leverage
Instruments
07-09
United States
LoukiaCharilaou
Within 1 year

Which types of trading instruments does HGNH offer—for instance, do they provide access to forex, stocks, indices, cryptocurrencies, or commodities?

WikiFX Reply
As an experienced trader, I always look closely at the range and specifics of a broker's offerings before committing any funds. My investigation into HGNH revealed that this broker primarily provides access to futures contracts, securities (which includes stocks, funds, and indices), as well as various asset management products. It’s important to note that while their promotional materials might imply a broad suite of services, their licensing and operational scope appear centered on futures and securities rather than classic spot forex or cryptocurrencies. I could not find clear evidence that HGNH offers direct spot forex or cryptocurrency trading; instead, it seems their “leveraged foreign exchange trading” license was revoked, raising additional caution flags for anyone seeking straightforward forex access. Their core business models revolve around commodity and securities derivatives, stock trading, and investment consulting within the Asian market context. In my experience, when evaluating a broker with such a narrowly confirmed set of instruments and past regulatory complications, I prefer to proceed very cautiously, especially regarding any instruments not explicitly and currently covered by valid regulation. It’s crucial to always verify what is genuinely on offer and under what licensing framework, since unsubstantiated claims or ambiguous categories can pose significant risk for traders’ funds and legal standing.
Broker Issues
HGNH
Platform
Account
Leverage
Instruments
06-22
United States
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