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In my experience researching HCFX, I found it important to take a very cautious approach because of the broker's current regulatory status. As of now, HCFX formerly held both Payment and Investment Advisory licenses from the UK’s Financial Conduct Authority, but these have been marked as “Exceeded,” meaning they are no longer current or valid. This places a question mark over the safeguards and oversight one would typically expect from a brokerage operating under active FCA regulation. When it comes to account types, HCFX primarily positions itself toward institutional clients rather than standard retail traders. The services are centered around FX hedging, treasury management, and providing access to global currency markets for larger organizations and funds. From what I observe, there isn’t detailed public information or transparency about typical account distinctions—such as minimum deposits, spreads, leverage, or trading platforms—that retail forex traders might expect. For me, the absence of granular information on different account types is a significant concern. It suggests that either the offerings are highly customized for each institutional client, or there is limited support for individual and smaller-scale traders. This lack of clarity, combined with the lapse in regulatory status, means I would adopt a very careful stance and recommend only approaching HCFX with detailed due diligence, especially for anyone not operating at the institutional level. Without clear features or protections outlined for distinct account types, I find it difficult to gauge their suitability or safety for individual traders.