Highness
Basic Information
Pros and Cons
Pros
- Responsive customer service
- Competitive trading conditions
- Diverse range of trading instruments
- High leverage options
Cons
- Unregulated status raises safety concerns
- Withdrawal delays reported by users
- Lack of transparency in operations
Is Highness Safe and Legit?
Highness Investment LLC is a brokerage firm registered in Mauritius since 2009, boasting operational experience of 2 to 5 years. The broker offers a range of trading instruments including forex, commodities, indices, and CFDs, with leverage up to 1:400 and spreads starting from 0.5 pips, using the MT5 platform for trade execution.
Despite its operational presence, Highness operates without valid regulatory oversight, raising concerns regarding its safety and legal standing. This lack of regulation significantly impacts its credibility and the protection afforded to its customers.
Market feedback regarding Highness indicates a mixed reputation. While users commend the broker for its responsive customer service and competitive trading conditions, there are notable concerns regarding withdrawal delays and a lack of transparency, leading to a frequency of complaints about execution issues and regulatory legitimacy. Overall, community sentiment reflects caution when engaging with this broker due to its unregulated status.
Is Highness a Regulated Broker?
What Are the Regulatory Licenses Held by Highness?
Highness Investment LLC does not hold any regulated licenses. It operates without valid regulatory oversight, which raises significant concerns regarding its safety and legal standing. This lack of regulation has a substantial impact on the broker’s credibility and the protection of its customers. Market feedback indicates caution among users when engaging with Highness, primarily due to its unregulated status and the potential risks associated with trading through an unlicensed broker.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| No Regulated Licenses | No Regulated Licenses | Highness Investment LLC | Unregulated | N/A |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Highness Investment LLC does not hold client funds in independently regulated bank accounts, nor does it comply with any specific regulator’s rules regarding fund segregation. Due to the absence of regulatory oversight, there are no investor compensation funds or insurance schemes available to protect clients’ funds under any regulatory system. This raises significant concerns regarding the safety of client investments.
Highness Leverage
Highness offers a maximum leverage of up to 1:400 across its trading instruments. This leverage applies uniformly to both standard and professional account configurations. However, as Highness operates without any regulated licenses, it does not adhere to legal limits imposed by regulators in any jurisdiction, and thus, the actual leverage may not comply with local regulatory requirements for either retail or professional clients.
Highness Withdrawal Review
How to Contact Highness?
Highness Investment LLC has received a mixed volume of complaints, notably concerning withdrawal delays and execution issues. Users often express frustration regarding the slow processing of withdrawals, with many citing experiences of extended wait times. Feedback is primarily collected from forums and review sites, highlighting concerns about the broker’s unregulated status. While some commend the broker for its customer service, there are frequent reports of withdrawal issues, indicating a potential pattern of dissatisfaction. As Highness operates without regulatory oversight, there have been no reported regulatory penalties or warnings, but the overall sentiment suggests users should proceed with caution due to safety concerns.
Frequently Asked Questions
A1: No, Highness Investment LLC operates without any regulated licenses. This lack of regulatory oversight raises significant concerns regarding its safety and legal standing, leading to caution among potential users.
A2: Highness Investment LLC does not hold client funds in independently regulated bank accounts, nor does it comply with any specific regulator’s rules regarding fund segregation. This raises significant concerns about the safety of client investments.
A3: Yes, Highness has received numerous complaints regarding withdrawal delays and execution issues. Users often express frustration over slow processing times, indicating a potential pattern of dissatisfaction.
A4: While specific contact channels are not detailed, Highness is noted for its responsive customer service. Users can typically reach out via the contact options provided on their official website.
A5: User feedback regarding Highness is mixed; some commend the broker for its responsive customer service and competitive trading conditions, while many express concerns about withdrawal issues and a lack of transparency.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.