Huobi Review (Huobi Global) 2024
Minimum
deposit:
  • $1

Trading platform:

  • Web platform
  • Mobile application

Huobi Review (Huobi Global) 2024

Updated:
Updated: March 12, 2024
Your capital is at risk.

9.2

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • Web platform
  • Mobile application
Trading features:
  • OTC trading

Summary of Huobi Global Crypto Exchange

Huobi Global is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 9.2 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Huobi Global clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company. Huobi Global ranks 5 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The Huobi Global cryptocurrency exchange offers traders a wide range of financial assets, but the company's activities are not certified, which may entail high financial risks during cooperation.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Huobi Global (pronounced “haw-be”; with “huo” meaning “hot” or “popular” and “bi” meaning “coin” or “currency” = “popular currency”) is a global cryptocurrency exchange that was founded in China but is headquartered in Seychelles. The work of the international company Huobi Global started in 2013. The cryptocurrency exchange allows traders to carry out transactions with a variety of assets, including about 300 currency pairs and cross rates. There is no information on whether this company is licensed and the exchange hasn’t received any awards during its brief activity. More about the safety of cooperation with Huobi.

💰 Account currency: Account replenishment is possible in all currencies and cryptocurrencies provided by the exchange
🚀 Minimum deposit: 1 USDT / 0,0005 BTC
⚖️ Leverage: Up to 1:200
💱 Spread: No
🔧 Instruments: Cross rates, currency pairs
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Huobi Global:

  • a vast array of trading instruments;
  • the minimum level is US$1;
  • the site is integrated for clients worldwide.

👎 Disadvantages of Huobi Global:

  • lacks a demo account;
  • few ways to contact support;
  • the activities of the cryptocurrency exchange are not licensed or regulated by any authority;
  • clients' financial assets are not protected by segregated accounts or compensation payments in the event of an exchange liquidation;
  • there are no training materials or courses for users on its website.

Evaluation of the most influential parameters of Huobi Global

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

7.86

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

6.94

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

9.13

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

9.82

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

8.52

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

8.31

/10

Trade with this broker, if:

  • You are interested in yield-generating opportunities. Huobi offers the ability to deposit funds and earn attractive yields ranging from double-digit to triple-digit percentages on various cryptocurrencies, making it appealing for those seeking passive income streams.
  • You appreciate educational resources. Huobi offers educational content to help users stay informed about cryptocurrency markets and trading strategies, empowering them to make informed investment decisions and improve their trading skills.

Do not trade with this broker, if:

  • Regulatory concerns are a priority for you. Huobi Global operates from an unlicensed entity in Seychelles, which may raise regulatory concerns in certain jurisdictions. It's important to consider the regulatory landscape and potential risks associated with trading on an unlicensed exchange.
  • You are a US citizen. Huobi Global is not accessible to US citizens due to regulatory restrictions. If you reside in the United States, you will need to explore alternative exchanges that are compliant with US regulations.

NOTE!

Do not miss a chance to get additional monthly bonuses and payouts for trading at Huobi Global cryptocurrency exchange.

Login preview

Enter the referral code when you register on the website or Huobi Global app.

hmzm2223

Login preview

Complete registration and deposit tasks to earn 2400 USDT

Your capital is at risk.

*TU may receive partnership reward for registration of the client on the company’s website on a referral link.

Geographic Distribution of Huobi Global Traders

Popularity in

34.71%
CN
China
8.14%
VN
Vietnam
7.75%
UA
Ukraine
7.1%
US
United States
6.08%
TR
Turkey
5.94%
RU
Russian Federation
5.18%
HK
Hong Kong
4.4%
KR
Korea, Republic of
4.01%
TW
Taiwan, Province of China
3.92%
JP
Japan
34.77%
Others
Others

Video Review of Huobi Global i

User Satisfaction i

262 comments
Total score:
6.7 /10

Share your experience

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Pro Tom
2 weeks ago
Social link Verified
Location TJ Dushanbe
Dignity

Customer service

Shortcomings

Nothing

HuobiGlobal trading platform includes a trading bot that you to trade with quant strategies. You can configure this bot to trade with strategies like mean reversion which focuses on the reverting of the price of stocks and financial instruments to their average value. This bots monitors the market, identify the best trade format, and executes the trade using the parameter set by the trader. The HTX grid trading bot an excellent tool for financial derivatives that to buys gradually when the market goes down, and sells automatically when the market starts to recover. The best way to maximize investors' profits in a volatile market is to buy coins during periods of declining value and earn USDT during periods of strong market conditions! Because major tokens are highly liquid and guarantee capital preservation and appreciation, the Grid Trading Bot is especially useful when trading them.HTX provides a grid trading user guide to help traders get started with the platform bots.

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Pro Vanessa Kute
3 weeks ago
Dignity

Helped with passport verification

Shortcomings

Took time to process passport

HuobiGlobal customer service was helpful and patient with me during my account verification. Verification on HuobiGlobal took me time and to pass pass level 4 which is the address verification and it was approved after 2 days which I think was a long time to verify an account. But the account still hadn't verified the message from the customer care is account did not match with profile this was because the naming differences in profile and id. It then I realized that the name and country different. The issue was resolved with the help of the customer agent. So, I went through this long process because name and country was not same as seen on the passport.

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botafogorio
1 week ago

What I liked about Huobi is that here you won’t be left alone with the market. They will always help if needed. They help those who are just starting and don’t currently have a strategy. It is important to note that trading and conditions here are suitable for everyone. Both novice and experienced traders feel comfortable here.

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JANILKUMAR
9 weeks ago

My impression of Huobi is quite ok. There are good charts. At first it was not quite usual to trade here, as there are still some peculiarities, but now everything is fine.

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mrchoclate1991
13 weeks ago

I saw a lot of good reviews about Huobi Global and decided to try it about 2 months ago. Opening an account is easy, there were no problems with the deposit either. I trade modestly. To be honest, support leaves much to be desired. I want to try to open an account somewhere else, for comparison. Well, in general, orders are executed quickly, the platform works without problems, and money can be withdrawn normally.

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mdhossainmolla
19 weeks ago

Huobi is a good crypto exchange with a wide choice of cryptocurrencies and an easy registration and account verification process. However, as with any other crypto exchange, caution and safety measures must always be taken when trading cryptocurrencies. But I did not notice any manipulation on the part of this exchange.

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Georgefoolo
25 weeks ago

huobi global quickly processes withdraws. Funds are credited instantly as soon as the request is submitted. This is of course a plus for the company. But there are plenty of downsides, I won’t lie. Sometimes, the platform is slow, and support cannot be reached....

Expert Review of Huobi Global

Huobi Global is a popular worldwide cryptocurrency exchange, which can be safely called universal since the minimum deposit is only $1 but demo accounts are not available to exchange clients.

Among cryptocurrency exchanges, Huobi Global is distinguished by 300+ trading instruments. Trading is carried out in several formats. It is possible to trade on the web platform that is built into the user's account, as well as trade from mobile devices using the Huobi Global application. The company also periodically runs promotions that include financial rewards to participants.

The Huobi Global website contains basic information about the exchange's activities, while the website’s interface is fully adapted for English-speaking users. It is worth noting that the exchange does not provide details on its license, if any. Also, it has no section that contains training materials.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Latest Huobi Global News

27.02.2024
​Crypto exchange HTX (formerly Huobi Global) has withdrawn its application for a cryptocurrency services license submitted just six days ago. On
21.02.2024
​Crypto exchange HTX (formerly Huobi) has applied for a VATP license from the Hong Kong Securities and Futures Commission (SFC). HBGL Hong Kong Limited,
04.01.2024
​Huobi Korea has published an official notice that it will stop trading digital currencies as of January 29, 2024. The exchange said it will end
29.12.2023
​The Financial Intelligence Unit (FIU) of India said that nine cryptocurrency exchanges with offshore licenses are operating in the country without legal
11.12.2023
​Justin Sun-linked cryptocurrency exchange HTX (Huobi) is experiencing an outflow of funds following the November 22 hack that suspended its services and
28.11.2023
​Cryptocurrency exchange HTX missed a court hearing in the Netherlands where it was ordered to reveal the identity of a person involved in a
23.11.2023
​Cryptocurrency exchange HTX (Huobi) and the Heco Chain blockchain protocol have been hit by a hacker attack that resulted in the theft of $110 million
06.11.2023
Cryptocurrency exchange HTX (Huobi) has announced that it will delist a series of USDT-margined perpetual futures in accordance with the Huobi Token
27.10.2023
​Justin Sun, the Chinese crypto maker and owner of HTX (Huobi Global), has revealed that the exchange made a profit of $98 million in the third quarter

Dynamics of Huobi Global’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

Huobi’s Global Cryptocurrency Exchange aims to provide services for productive work. The company does not provide investors with the necessary programs to generate passive income (e.g., PAMM accounts, etc.). However, the exchange still allows users to make a profit from its affiliate referral program.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Huobi Global’s affiliate program:

  • Huobi Global Referral Program. Any client of the company can join the program. The partner's task is to attract new users using an individual referral link. The partner receives a financial reward in the form of a 15% commission from all trading done by the attracted referral. The bonus is credited within 12 months.

The more clients a partner attracts the higher his commission. Thus, the user can make money with the exchange, even without being an active trader.

Trading Conditions for Huobi Global Users

The trading conditions provided by Huobi Global exchange are competitive. So, the minimum deposit is $1 — or 0.0005 BTC, when replenishing in any of the currencies on the site. The size of the deposit is automatically converted. More than 140 assets are available on the exchange, which contains more than 300 currency pairs. The exchange does not provide information on the size of its spreads, leverage, margin calls, and stop / out levels, or the minimum order sizes.

$1

Minimum
deposit

Up to 1:200

Leverage

24/7

Support

💻 Trading platform: Web platform, mobile app for iOS and Android
📊 Accounts: Standard
💰 Account currency: Account replenishment is possible in all currencies and cryptocurrencies provided by the exchange
💵 Replenishment / Withdrawal: Cryptocurrency wallet
🚀 Minimum deposit: 1 USDT / 0,0005 BTC
⚖️ Leverage: Up to 1:200
💼 PAMM-accounts: No
📈️ Min Order: No
💱 Spread: No
🔧 Instruments: Cross rates, currency pairs
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market
⭐ Trading features: OTC trading
🎁 Contests and bonuses: Yes
Your capital is at risk.

Broker comparison table of trading instruments

Huobi Global Bybit OKX XT.com Bitfinex LATOKEN
Forex Yes No No No No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

Huobi Global Commissions & Fees

Information
Traders Union specialists checked the Huobi Global cryptocurrency exchange for the presence of explicit and hidden fees. No hidden fees were found, and the trading fee for opening orders is 0.2%. The exchange does not charge users a trading fee for deposits or withdrawals, but be careful because commissions are often set by payment systems (Visa, PayPal, etc.)
Account type Spread (minimum value) Withdrawal commission
Standart $18 Absent

There is no information on the commission for transferring a position to the next day on the exchange website (swaps). Trading fees at Huobi Global have been analyzed and compared to other popular trading exchanges. Based on the data obtained, the commission level of the exchanges was determined as low, medium, or high.

Broker Average commission Level
Huobi Global $18 Medium
Binance $6 Low
Bybit $20 High
Logo Huobi Global
$18
$6
$20

Contacts

Foundation date 2013
Official site
Your capital is at risk.
Disclaimer:

Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Huobi Global Review Huobi Global Review

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FAQs

Do reviews by traders influence the Huobi Global rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Huobi Global you need to go to the broker's profile.

How to leave a review about Huobi Global on the Traders Union website?

To leave a review about Huobi Global, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Huobi Global on a non-Traders Union client?

Anyone can leave feedback about Huobi Global on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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