Hicend Review — Overview
Hicend is a forex & CFD broker based in China, established in 2008. On Trust Broker Hub it holds a Trust Score of 4.3 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Hicend's licence comes from an offshore jurisdiction (CFFEX and CFFE). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
Hicend provides access to Futures, metals, energy and chemical. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, Hicend has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Hicend currently scores 4.3/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a CFFEX licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Futures, metals, energy and chemical |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Fast Trading Terminal V2, Unlimited Easy Client, Esunny Client 8.5, Esunny Client 8.3, Lightning King, HicendGo, Shanghai Securities and Futures, HSI Futures, Mandarin Travel, Pocket Precious Metals, Yixing APP, Quick Issue APP, Dalian Financial News, Quh |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Hicend
A mixed risk profile
Hicend is regulated in an offshore jurisdiction (CFFEX, CFFE), which offers lighter oversight than tier-1 regimes. Based in China, it has been operating for about 18 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.3/10 — a mixed profile.
- Holds 2 regulatory licences across multiple jurisdictions
- Long 18-year operating track record
- No complaints on record with us
- Supports Fast Trading Terminal V2 & Unlimited Easy Client trading
- Regulated only in an offshore jurisdiction — weaker investor protection
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
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