Halebore Review

About Halebore

Halebore presents itself as being operated by “HALEBORE LTD” with a London address at “Kemp House, 160 City Road, London, EC1V 2NX, United Kingdom”; however, there is no record of a licence registered under that name in the UK Financial Conduct Authority (FCA) register. The firm is unregulated by any known financial authority, and investors’ funds are not protected under compensation schemes or client-account segregation. These facts are confirmed in FCA absence checks and industry warnings.

The broker does not disclose any trading conditions: minimum deposit, leverage, spreads, trading platforms, account types, base currencies, or whether it offers swap-free (Islamic) accounts, hedging, scalping or expert advisor (EA) compatibility. Registration links on the site are broken, and no operational platform (e.g., MetaTrader 4 or 5) is accessible. Withdrawal and inactivity fees are reportedly high and unconventional, including a 10% charge on accounts that do not meet high turnover requirements.

Pros and cons

Pros

• No confirmed regulatory authorisation; the absence of misleading claims of regulation.

Cons

• Lacks any regulatory oversight or licensing; investors’ funds are not protected.
• Does not disclose key trading information such as deposit requirements, leverage, spreads, platforms, account types.
• Registration links and trading platform access appear non-functional.
• Imposes unusually high fees and turnover penalties, including a 10% levy for unmet conditions.