✔️ Information reviewed and updated in July 2024 by Eduardo López


Today, I'm going to examine HSB. Is the forex, indices, CFDs, gold, silver and oil commodities broker HSB, which operates at hsb.co.id, a safe and reliable option? Is it advisable to invest your money with them? I will review this company in detail.

Let me tell you why HSB is, in my opinion, an UNSAFE AND UNSAFE company. TRUSTWORTHY. BE VERY CAREFUL WITH THIS COMPANY!


There are two important points I want to make here: (1) first, the regulation of the company and (2) second, its location. These are crucial factors to measure the seriousness and reliability of a company.

Is the company unregulated or regulated by a country with little credibility? Is the company located in a non-serious place or does it not mention its location? These are questions every investor should ask themselves when evaluating the company's trustworthiness.

InformationAbout the company
???? AddressJakarta, Indonesia
(I.e. CompanyNot mentioned
Company typeForex, indices, CFDs, gold, silver and oil commodities broker
📄 Attend the eventNot mentioned
🛡️ RegulapainNot mentioned
🌐 Websitehsb.co.id
🕑 Website ageYour registration date was: March 28, 2018 (very recent)
📧 Email[email protected]
???? Live ChatYes
💳 Payment methodsNot mentioned


(+62)215 – 0122 – 288 – (+62)838-3694-8949


Here is a concise analysis of the different types of plans/accounts offered by HSB; These are divided into 3 categories. Below you will find a table with information on minimum deposits by plan/account type.



Below you will see the company's website and a small analysis about the website:

HSB website
  • Regarding the age of the website, the domain “hsb.co.id” was registered on March 28, 2018.
  • Ownership of the website is not specified, indicating a lack of transparency in crucial information. 🚩
  • As I told you before, the company does not mention being subject to any regulation, which makes me suspect that it is not regulated. 🚩


After having carried out an analysis of the company, I have come to the following conclusions:

1) According to available information, the company is based in Indonesia, a place with a reputation for being unsafe.

2) The company makes no mention of being regulated or its regulation. This leads me to conclude that this is an UNREGULATED company.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “hsb.co.id” was registered on March 28, 2018. It is very recent.

4) On the Internet, the company has a very unfavorable reputation, evidenced by numerous customer complaints.

“To be honest, I wouldn't bet on investing in a company like this: it is not regulated. It does not mention which company it belongs to. To be honest, I cannot advise investing in such a company.”


HSB is a broker whose domain “hsb.co.id” was registered on March 28th 2018, indicating that it has a relatively recent online presence. However, there is a lack of significant transparency since it is not specified your property of the website, which is a major concern, as ownership information is crucial to evaluating the legitimacy of a company.

Additionally, the company claims to be based in Indonesia, a country that, in terms of financial regulation, is not widely recognized for having a solid and safe regulatory framework. This increases the safety and reliability concerns of the company for investors. The lack of mention of any additional regulation suggests that HSB is not subject to the supervision of a reliable financial authority, which is a significant red flag.

La online reputation of HSB is unfavorable, with numerous customer complaints highlighting problems with the broker's services and operations. These criticisms, combined with the lack of transparency in ownership and the absence of regulation, indicate that investors must be extremely cautious when considering interacting with HSB. It is advisable to search safer and regulated alternatives in the financial market to protect their interests and assets.


At this time, there is no updated information.


If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can start money recovery.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


What is HSB? How is HSB defined?

HSB is an investment broker in forex, indices, CFDs, gold, silver and oil raw materials.

Is HSB legit or a scam?

In my opinion, HSB operates fraudulently. This conclusion stems from various inappropriate business practices and negative reports that have been widely documented by experts in the financial industry. I strongly recommend staying away from this company due to the high risk associated with their activities.

Can I trust HSB?

Based on my experience, I consider HSB to be not a trustworthy company at all. The various warning signs I have identified suggest a lack of transparency and reliability. It is essential to proceed with caution when evaluating any type of interaction with this company, as there could be considerable risks for both investors and potential clients.

How can I get a refund from HSB?

In situations of scam or loss of money, it is advisable to resort to a specialized service in capital recovery.

Which broker is recommended to make investments?

If you are looking for a safe and reliable company, I suggest you consult the ranking of the best brokers and also check the 3 best brokers of the month.

Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (112 votes)


  1. Mila Reply

    This company IS SCAM!!!. I know firsthand, don't do it, listen to me.

    • reliableforexbroker.com Reply

      Hello Mila, HSB is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you


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