The company claims to be one of the leaders in CFD trading in the Europe and Asia regions. In addition, this “award-winning platform” allegedly originated from the famous American bank holding firm Home Equity Brokers Acceptance Corporation (KTAC). As for the licenses, their existence is indicated on the Study page of the official website. However, there is no documentary evidence of these facts. Is this project reliable? Our review of HomeEquityBrokers will help you conclude the safety of your cooperation with this broker.
How to Trade
The company guarantees users “high profitability, competitive spreads, and ultra-fast execution.” However, there is no specific data on trading parameters on the website.
The project offers clients:
- Trading more than 100 assets.
- Three tariff plans with minimum deposits of 500/25,000/50,000 USD.
- Passive income up to 8.3% per annum in the form of dividends.
- Deposit insurance and protection.
- Deposit method BTC/USDT.
HomeEquityBrokers claims that clients’ funds are kept in separate bank accounts. Traders can withdraw money automatically 24/7.
You will find on the website quotes of assets on the world markets from TradingView. The intermediary promises 24/7 tech support and expert assistance.
HomeEquityBrokers Vital Info
The company provides a lot of information about its history, which supposedly started over a hundred years ago, in 1919. However, its domain was created only at the end of January 2024. Even though the broker calls itself a “Licensed Market Participant” and indicates the presence of regulation from the FCA and CySEC, there are no copies of documents on the website.
We found an organization, SUPERIOR HOME EQUITY BROKERS LLC, in the USA, but it is unrelated to our review’s hero. In addition, the office address listed on the official website of this brokerage firm does not exist in Triesen. Naturally, all these inconsistencies make us suspicious of the real existence of this legal entity.
I ask you to pay attention to my sincere review and, accordingly, to this brokerage company. The broker is very decent, beginners will find here useful analytics, news, and supposed forecasts, which may be worth relying on if you don't know another source of information👍 I liked the terminal, it's very convenient, there's a lot of functionality for work and the appearance is pleasant, but of course, this is subjective, only in my opinion. Website homeequitybrokers.net looks interesting, the interface is easy to use, and technical support provides assistance at a high level. Trading conditions at HomeEquityBrokers are super loyal - low commissions, acceptable value of the deposit threshold, and spreads are low, in general, there are almost only pluses, I have so far encountered minor problems, but not something critical. Money when depositing comes in a few minutes, withdrawal takes longer - about an hour in cryptocurrency, but, in any case, managers do not cheat you, and work honestly.
I transferred a trial deposit of $500 to this broker over a month ago, but still no money in my account. I have heard a million excuses from the support team: that the problem is anything but homeequitybrokers; that I made the transfer without taking into account the fees (I provided screenshots of the transactions - all fees are taken into account); that I sent the money to the wrong address (I provided screenshots - all addresses are correct). In addition, I provided a third-party report on the transaction via blockchain - it shows that my transaction was successful. After that, the broker's employees found the transaction ID (which is amazing!) but still no money :( and they pointed out to me that the problem is in the payment service (I contacted the payment system support, and the operators provided me with the transaction hash, all the transfer screens, and wallets - they confirmed with an official letter that the money was credited to homeequitybrokers account). In the end, the broker's support team replied to me: "Unfortunately, we can't help with finding payments via this method" and that's it, they closed the issue as resolved. THESE ARE THIEVES!
This is the second broker I work with. The service attracted me because there is a training section. I went through the procedure of checking documents within 3 days, which was tedious. The information about trading is not very clear. The support service takes a long time to respond. The money was deposited quickly. I don't have much experience yet, but I already have the first profitable trades on Homeequitybrokers. However, the deposit amount of 500 dollars is not effective enough for me, and the gap between tariffs is very big and I am not ready to top up the balance up to 25 thousand. For now, I continue testing the broker's capabilities on the minimum deposit.
I transferred my deposit to Home Equity Brokers recently from another broker. Now I work with three brokers at the same time, but HEB is in my priority. If you compare, this company has much better order execution and faster withdrawals. I couldn't earn much on a standard account, so when I was convinced of the stability of this platform, I opened a silver account here. I saw that the spreads are lower here and I feel more comfortable working. In terms of profitability - I had different periods, but on average I make 8-9% profit on trading stocks. A big plus of this service is the clear closing of orders. In general, I am satisfied with the work of the broker.
They are scammers, they froze my account with 942 euros for no reason! This platform has nothing to do with real trading of stocks, currencies, and resources, quotes can be regulated directly by the administration of the site and all your profit is pure luck...
Managers persuade people to hand over money with a guarantee of permanent income. I deposited 6,000$ to my account at homeequitybrokers, or rather transferred USDT through the crypto exchange binance. Then I started trading on forex and I sent 1,500$ profit to my cryptocurrency wallet. But my account on homeequitybrokers.net was immediately blocked. Now the broker asks me to deposit another 2,600$ supposedly to pay the insurance fee, and then the managers will supposedly remove the block at once... This is a scam, which happens according to the standard scheme: crooks invented a beautiful legend of the project, gave traders false guarantees, and stole everything that their clients entrusted to them. Be careful.
The broker was willingly accepting my money into the account. However, as soon as it became unprofitable for me to trade on this platform and I decided to withdraw my money, the administration started refusing to process my request. They referred to the fact that I had to verify my documents and only after that, fund the account from my bank cards, they said that supposedly such requirements are in the User Agreement. Administrators required from me a bunch of selfies with ID and driver's license, credit card data and bank statement, and then they just deleted my account. Such nonsense is in the user agreement, that HOMEEQUITYBROKERS do not owe anything to clients and can terminate the relationship themselves, and you have no right to do anything about it, as you have already confirmed the agreement when registering an account. The official response from technical support to my refusal to provide a scan and a selfie with passport and card data for the third time was the following: "If you don't want to, don't provide the required documents, your account will simply be deleted. The company has no legal entity or representation, and your reference to laws is not an argument in this case". This is how €7,648 was stolen from me!!!
I did not like the withdrawal procedure at homeequitybrokers.net. I ordered a withdrawal of 150 dollars profit for the first time, and I had to wait longer than a week for crediting. I spent a lot of nerves on this waiting. The operators are incompetent in the support... Now I am in anticipation of how I will withdraw the remaining $740. I dream of getting them at least in six months :(