High Risk
Reported as a scam / unregulated
SF-705185registry entry
Why HD Markets is on the register
HD Markets claims it is a duly appointed juristic representative of ABIB (Pty) Ltd a company licensed and regulated by the South Africa Financial Sector Conduct Authority (FSCA) with a FSP number: FSP51541. We searched the FSCA and found a matching result. However, as per the details shown on the FSCA, HD Markets is not authorized to provide forex services. Letting this broker hold or control investors’ money is unsafe and the money can not protected by any laws. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.