Huobi Review 2024 (Expert Review)

Huobi Review Summary

Huobi is an online broker with a focus on social trading and financial markets. This means that you can trade currencies like Bitcoin or Ethereum without ever leaving your computer. Once you're ready to trade, sign up for an account and deposit some funds. Then you can start monitoring crypto coin and token prices. It's important to stay informed because news about cryptocurrencies can cause prices to fluctuate. As a security measure, Huobi uses a Security Reservation Mechanism to secure its users' funds. The company launched an Investor Protection Fund to cover financial losses related to fraudulent activities and other risks associated with the cryptocurrency industry

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Huobi Platform Features

Huobi main features and highlights
๐Ÿ—บ๏ธ Country of regulation Japans Financial Services Agency (FSA)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 1
๐Ÿ•– Time to open a Huobi account 1-3 Days. *A Huobi demo account can be opened in a few minutes, but live Huobi trading account creation times will vary depending on how long it takes to process your Huobi KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 10
๐ŸŽฎ Demo account provided No
๐Ÿ›๏ธ Financial Instruments offered Forex, Commodities, Indices, Stocks, Crypto, Futures

Huobi review
Huobi Financial Regulation

Huobi is regulated by Japans Financial Services Agency (FSA).

Huobi review
Huobi Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Huobi include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Huobi can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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Huobi Advantages

One of the main advantages of using Huobi is around the clock service and support as well as research offerings. Not only this, but Huobi has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Huobi with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Huobi makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Huobi offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • Huobi has been in business over 10 years.
  • Huobi offers Cryptocurrency Trading (Availability subject to regulation).
  • Huobioffers Islamic Accounts.
  • Huobi offers Bitcoin Trading.
  • Huobi offers Spread Betting.

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Huobi Disadvantages

Although Huobi has a lot of good points Huobi does not offer the below.

Huobi Review Risk Warning: Your capital is at risk.

Huobi Review

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Things to understand when trading with Huobi

Online trading on trading platforms like Huobi have seen huge growth in the last 3 years. Trading with Huobi requires that you take the time to learn how financial markets work and are able to trade with Huobi using in depth technical analysis and Huobi risk management trading tools. Trading with Huobi involves risk. You should only risk capital with Huobi that you can afford to lose. Understand your risk tolerance with Huobi, and have a trading strategy that Huobi is able to help you execute. Huobi is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Huobi give you access too.

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Huobi Trading Fees

Trading fees on Huobi are taken in the form of the spreads Huobi offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Huobi. Huobi fees vary depending on the financial instruments traded and can include, Huobi overnight funding fees, spreads, margins and Huobi inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Huobi account charged by your 3rd party payment provider if your Huobi base currency is different from your Huobi withdrawal method.

NameHuobiIC MarketsRoboforex
Account FeesNoNo
Withdrawal FeesvariesNoYes
Deposit FeesNo
Inactivity FeeNoNo
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Huobi Financial Instrument Fees

Huobi fees for Forex, Commodities, Indices, Stocks, Crypto, Futures are listed below.

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Huobi Stock Trading Fees

The majority of Huobi trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Huobi stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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Huobi Forex Fees

Commission on Huobi Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Huobi Forex fees is based on their trade size. To calculate Huobi Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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Huobi Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Huobi cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Huobi cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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Huobi Non Trading Fees

Huobi non-trading fees include a variety of Huobi brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Huobi trading platform. The most common non-trading fees include Huobi withdrawal fees, Huobi deposit fees and Huobi inactivity fees.

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Huobi Deposit Fees

Huobi does charge deposit fees in some cases. When funding your Huobi account there may be some Huobi deposit fees which will vary depending on the payment method you use to deposit to your live Huobi trading account.

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Huobi Inactivity Fees

Huobi does charge clients an inactivity fees for dormant Huobi trading accounts. A Huobi inactivity fee is a sum charged on Huobi brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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Huobi Withdrawal Fees

Huobi does charge Huobi clients small withdrawal fees. Withdrawals fees vary between Huobi and Huobi alternatives depending on where you are located and how much money you are withdrawing.

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Huobi Account Fees

Huobi does not charge account fees. Account fees charged differ between Huobi and other brokers. An account is a fee that Huobi and other brokers assesses on all accounts for the ability to keep an account on their platform.

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Huobi Account Opening

The Huobi account registration process is simple, user-friendly, and quick. Within 1-3 Days most Huobi trading accounts are ready for live trades. Our Huobi account was validated in 1 day, but live Huobi trading account verification times will vary depending on the time it takes to process your KYC documents and Huobi trading account application. A Huobi demo account can be opened in a few minutes.

Huobi trading accounts are available in over 194 countries. Huobi is restricted in the following countries.

Apart from the restricted countries a Huobi trading account can be opened globally.

The Huobi trading platform is available for residents in US. Some financial instruments Huobi offer may be restricted in your country.

  • Fast Huobi account opening.
  • Huobi accounts can be opened and KYC can be verified digitally.
  • Huobi minimum deposit is 1 USD / GBP / EURO.
  • Huobi trading account verification may be held up for longer than a day if there is an issue with verifying your account.

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Huobi Deposit And Withdrawal

Huobi Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, USD, EURO are supported by Huobi as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Huobi offers the following account GBP, USD, EURO.

When trading make sure your Huobi trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Huobi has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameHuobiIC MarketsRoboforex
Number Of Currencies10104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
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Huobi Deposit Fees and Deposit Methods

Investors can log in to their Huobi trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Huobi trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Huobi Deposit Fees

Making a deposit on your Huobi account is free.

Huobi Deposit Methods

There are several methods through which you can deposit money into your Huobi account. One can use a credit or debit card and Huobi accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Huobi account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Huobi account. Funding methods for Huobi include Cryptocurrency,.

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Huobi Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Huobi brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Huobi positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Huobi account.

NameHuobiIC MarketsRoboforex
Funding MethodsCryptocurrency,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal FeevariesNoYes
Deposit FeeVariesNo
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Losses can exceed deposits
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Losses can exceed deposits

Huobi Fees When Withdrawing Your Account Balance

Huobi do not charge withdrawal fees. Some withdrawal fees are out of the control of Huobi and may be due to 3rd party payment providers and your account base currency.

Huobi Withdrawal Methods

Log into your Huobi trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Huobi account to your bank account. To withdraw money from your Huobi account you can use credit or debit cards. Huobi processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Huobi processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

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Huobi Trading Platforms

As there are a number of tradable financial instruments available on the Huobi trading platform. Before investing in the Huobi platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Huobi platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Huobi offer livechat, and email support.

If you struggle with technology, you need to consider the level of support on Huobi is available. Another thing to consider is your financial goals. Make sure that a Huobi account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Huobi account. Ensure that Huobi allows you to focus on the type of trading that you want to focus on.

Make sure Huobi is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Huobi, think about how easy it is to use for your personal needs. Does the Huobi platform offer real-time updates or delayed updates that are more informed? Remember to check if Huobi is well regulated, and what tradeable financial instruments Huobi has. Security is very important when it comes to trading with Huobi.

Huobi Web Trading Platform

A Huobi web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Huobi which acts as a financial intermediary. Huobi is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Huobi mobile trading platform.

Huobi Apple IOS Trading Platform

A Huobi iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Huobi Google Play Android Trading Platform

A Huobi Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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Huobi Mobile Trading User Experience

Huobi mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Huobi mobile trading refers to trading using a mobile phone.

Leading brokerages like Huobi offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Huobi portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Huobi. Once you have download the Huobi trading app, you are ready to begin.

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Huobi Desktop Computer Trading Platform

A Huobi computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Huobi desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Huobi desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Huobi MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

Huobi MetaTrader 5

MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis. There are many benefits at MT5, as the platform represents an all-in-one concept, offers impressive analytical tools and a modern look with the allowance to open hundreds of charts and perform analysis through truly advanced institutional grade features.

Huobi PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Huobi. A trading computer with access to a Huobi PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Huobi Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Huobi trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Huobi trading platform is very user friendly on a Mac device.

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Huobi Trading Look And Feel

The Huobi user interface (UI) is what Huobi traders will see and interact with first when trading with the Huobi trading platform. The Huobi is well designed. The goal of the Huobi trading UI is to make the Huobi user's experience intuitive. The Huobi application has good user experience and a good level of customer satisfaction.

Huobi Security

Huobi is a secure trading platform. Huobi offers traders security via 2 factor authentication, SSL encription when trading with Huobi. Huobi trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Huobi. Rate limitation on Huobi suspicious account activities is another layer of protection that is provided for Huobi trading accounts, for example multiple failed login attempts with Huobi. You have the option to further safeguard your account by using Huobi Two-Factor Authentication (2FA), which provides an extra layer of security.

The Huobi trading infrastructure is constantly watched and guarded by a trained team at Huobi In addition, Huobi never send sensitive information without first encrypting on the Huobi trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On Huobi

Available Huobi order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Huobi Market Order

A Huobi market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Huobi market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Huobi market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Huobi Limit Order

A Huobi limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Huobi Stop Order

A Huobi stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Huobi Stop Limit Order

A Huobi stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Huobi stop-limit order triggers a limit order when a stock price hits the stop level. A Huobi stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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Huobi Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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Huobi Trading Platform Features

Online trading platforms like Huobi are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Huobi. The Huobi trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Huobi.

Huobi Margin Trading

Huobi margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Huobi margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

Huobi Copy Trading

Copy trading with Huobi allows users to copy trades executed by other Huobi investors in the financial markets. The goal of copy trading is for a Huobi trader to have the same positions as the Huobi investor they are copying. When copying another Huobi trader, you do not receive the plan of the traders Huobi strategy, but simply follow their trades they execute on Huobi. Huobi copy trading is one way to automate your investment strategy. Copy trading trades on Huobi must still be monitored and copy trading on Huobi still has risk of trading loss.

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Huobi Account Types

Huobi Demo Account

Huobi offers demo accounts that gives traders the ability to purchase and sell Huobi financial instruments in a practice environment, using fake Huobi digital money and live market conditions and data. When you practise on a Huobi demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Huobi platform. Huobi demo accounts allow you to experience and practice a variety of market charts, Huobi trading indicators, and trading strategies using Huobi.

Huobi Standard Account

Huobi offers a standard trading account, allowing Huobi traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Huobi trading platform.

Huobi Islamic Accounts

Huobi islamic accounts respect Islamic finance law. Huobi swap free accounts do not accumilate interest and Huobi transactions are actioned immediately. A Huobi Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using Huobi following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with Huobi Islamic accounts do not pay or receive interest rates.

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Huobi Tradable Financial Instruments

Huobi tradable financial instruments are the financial instruments that are specifically available to trade on the Huobi trading platform. This refers to the different types of financial markets you can trade with through Huobi. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Huobi.

NameHuobiIC MarketsRoboforex
CFD TradingNoYesYes
Stock MarketsNo210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesYesYesNo
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Huobi Trading Stocks

Stock trading with Huobi is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Huobi; if you possess the stock on Huobi, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Huobi involves purchasing and selling stocks and share using Huobi periodically in order to time trades against the stock markets, with the aim of using Huobi to profit from your stock trading. Huobi stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Huobi. Stock traders on Huobi conduct significant study, frequently dedicating several hours every day to market monitoring using Huobi trading tools.

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Huobi Trading ETFs

What Are ETFs

Huobi does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Huobi does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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Huobi Trading Cryptocurrencies

Huobi offers cryptocurrency trading.

Cryptocurrency trading can be conducted using Huobi to buy and sell the cryptocurrency financial instruments on Huobi. Cryptocurrency trading can also be done using a cryptocurency CFD Huobi trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using Huobi. A CFD is a high risk leveraged trade between the trader and the Huobi brokerage. No underlying assets are exchanged with a Huobi CFD contract, it is purely speculation on the crypto financial instruments price movements with Huobi. Huobi CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if Huobi CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.

The volatility of cryptocurrencies is the biggest source of risk when trading them with Huobi. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with Huobi.

Cryptocurrency trading is not offered by Huobi, so you will need to find a Huobi alternative that allows you to buy and sell the underlying cryptocurrency assets. Huobi CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Huobi alternative and make sure you undertand the risks fully before trading.

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Huobi Forex Trading

Forex trading with Huobi is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Huobi. The main aim of Huobi Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Huobi. As a Huobi Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Huobi. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Huobi. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Huobi.

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Huobi Commodities Trading

Commodity trading is a type of trading available on Huobi where individuals or businesses buy and sell financial instruments using Huobi related to commodities, such as metals or oil.

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Huobi Options Trading

Huobi options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Huobi option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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Huobi Futures Trading

Futures trading with Huobi is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Huobi to facilitate the trade. A Huobi futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Huobi. Typically, futures contracts are traded on an exchange such as Huobi; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Huobi trader to the contract agrees to provide it.

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Huobi Bonds Trading

Bonds trading on Huobi is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Huobi trader. Bonds can be bought and sold on Huobi after they are issued. While some bonds are traded publicly through Huobi, most trade over-the-counter between large broker-dealers like Huobi acting on their clients' or their own behalf. Yield is therefore based on the Huobi purchase price of the bond as well as the coupon.

Huobi CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameHuobiIC MarketsRoboforex
Forex CFD6135
Index CFD2530
Stock CFD1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDYesYesNo
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Huobi Trading Research Tools

Taking advantage of Huobi trading research tools which are designed to help traders analyse potential investments using the Huobi trading platform. Some Huobi research tools include charts, technical analysis, and Huobi trading indicators.

Huobi Trading News

Traders can follow the markets and make wise investment decisions on Huobi by using the news to help form a strategy when it comes to choosing investments. A Huobi news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Huobi Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Huobi economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Huobi Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Huobi fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Huobi Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Huobi are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Huobi portfolios

Trading portfolios are useful when trading with Huobi.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Huobi trading portfolio is a traders collection of investments, which may include a variety of Huobi financial instruments.

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Huobi Payment Methods

A Huobi payment method is required to fund your Huobi trading account before placing a buy or sell order on a financial instrument.

When trading with Huobi, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Huobi do not have any control over.

NameHuobiIC MarketsRoboforex
Payment MethodsApple Pay, Bitcoin Payments, Credit Card, Debit Card, Google Pay, Mastercard, Neteller, PayPal, Perfect Money, Skrill, Visa, Wire TransferBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
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Your capital is at risk
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Losses can exceed deposits
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Losses can exceed deposits

Huobi review
Huobi Withdrawl Methods

When trading with Huobi at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Huobi account balance. Huobi may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Huobi account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Huobi Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Huobi account.

Withdrawal requests can take up to three business days to be processed by Huobi.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Huobi should arrive in less than 24 hours.

Huobi review
Huobi Customer Support

Customer support represents the resources within the Huobi company that provides technical assistance to its customers after they use the Huobi service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Huobi offer email, livechat, customer support.

Huobi Email Support

Huobi offers email support.

Email support is a a convenient method of Huobi customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Huobi regarding your support request.

Huobi Livechat Support

Huobi offers livechat support.

Huobi live chat support is a way for customers to obtain help from Huobi through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Huobi Telephone Support

Huobi does not provide Huobi clients phone Support. If you need to contact Huobi use one of the alternative available Huobi contact methods.

Huobi does not offer telephone support.

Huobi review
Huobi Educational Resources

Huobi educational resources are used throughout the Huobi learning environment to help and assist with customer's development and learning of trading on Huobi. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Huobi trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

Huobi Trading Platform Tutorials

Huobi offer a range of learning resources and tutorials and guides made available to registered Huobi users. The Huobi guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Huobi users on basic trading principles.

Huobi Trading Videos

Huobi offer a selection of online trading videos.

Trading videos on Huobi help new and even more experienced investors gain insights into Huobi technical analysis tools and how the different financial markets work when trading on Huobi.

Huobi trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Huobi training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Huobi to trade live financial markets.

Huobi Webinars

Huobi offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Huobi clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Huobi trading platform.

Huobi review
Huobi Financial Regulation When Trading

Financial regulations on Huobi protect consumers' investments. Regulations prevent financial fraud and limit the risks that Huobi as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Huobi financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Huobi Regulated?

Huobi is regulated by Japans Financial Services Agency (FSA).

Huobi is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Huobi are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Huobi investors, directly with financial regulators in your country.

Huobi Regulatory Protection Limits

When registering with Huobi you must check with regulatory body your Huobi trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Huobi account is over seen by. Huobi client funds are stored in segregated 3rd party bank account in accordance with Huobi financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

Huobi Trading Signals

Huobi does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does Huobi make money?

Because Huobi acts as an intermediary, Huobi gets compensated on buy and sell transactions of financial instruments. As a result, Huobi profit is determined by the volume and number of transactions. Huobi earns revenue to fund their Huobi platforms and wide range of trading services through market spreads.

Can you buy shares on Huobi?

Huobi does not provide customers with real company shares trading.

Does Huobi offer Cryptocurrency?

Huobi does offer cryptocurrency trading. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents. Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets.

Huobi Lower fees, lower costs?

Huobi have reasonable trading fees and costs. Huobi do not charge a deposit fee. Huobi may charge a withdrawal fee. Some withdrawal fees are out of the control of Huobi and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Huobi minimum deposit is 1 USD / GBP / EUR.

How to start your Huobi account?

You can sign up for a live or demo Huobi trading account by visiting Huobi and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Huobi account here.

How's the Huobi trading app?

Huobi allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the Huobi trading app here. Your capital is at risk

Is the quality of Huobi customer service satisfactory?

Huobi have average customer support offering support through email, livechat, support options.

Is this broker good for new traders?

Huobi is a good trading platform for new traders as Huobi offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Huobi?

Huobi offer a good selection of withdrawal options. Once Huobi have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

Huobi Review 2024 (Expert Review) guide updated 23/07/24