Hovaro Trade

**Hovaro Trade** specializes in providing brokerage services for users. The company has chosen to keep information about the platform launch date and creators confidential. Details about the project team members are also not disclosed. The official website brokerxservice.com only supports the English language interface, but the Russian version of the resource is available through an integrated Google Translate.

**Location of Hovaro Trade** indicates an American address on its website. However, it cannot be definitively stated whether this is a factual or legal address, as no documentary registration confirmation of the broker is provided. Information about regulatory bodies and licenses is not disclosed.

To contact customer support, you can use email, phone, and online chat. No alternative contact methods are offered on the project.

Trading Conditions of Hovaro Trade

According to the broker’s information, they have a fully functional mobile site with the same capabilities as the desktop version, providing maximum convenience and comfort for trading. Users are provided with financial instruments such as:

• currencies,

• commodities,

• stocks,

• indices,

• cryptocurrencies, and other assets.

Each platform user has access to daily market reviews and recommendations from expert analysts.

Regarding deposit accounts, the site presents conflicting information. The main page showcases investment plans with a minimum entry threshold of $500. In the “Account Types” section, there is a link to trading accounts with an initial deposit of $350. It is unclear which account plan to trust.

BrokerX Service emphasizes that each user is assigned a personal manager who assists in analyzing and understanding financial markets. Traders have access to educational videos, e-books, and other learning materials. A demo account is not available.

Deposits and Withdrawals with Hovaro Trade

For financial operations, credit and debit cards, cryptocurrencies, bank transfers, and electronic payment systems are available. Logos of supported payment services are displayed on the site.

Partial information about financial transactions is available in the “Frequently Asked Questions” section:

• a commission is charged for the first withdrawal – the exact amount is not specified,

• subsequent transactions are free of commissions, except for financial institutions and banks,

• the minimum withdrawal amount is 50 units in the selected currency,

• processing requests typically take about 7 business days,

• funds are credited to the account within 10 days.

A withdrawal request can be submitted at any time. Information about commission fees and fund crediting time for deposits is not provided.

In Conclusion

Due to the absence of official documents on the website and conflicting information about trading conditions, the honesty and transparency of the broker’s operations raise doubts. To make an informed decision about potential cooperation with the company, it is recommended to refer to reviews from other users. Reviews about BrokerX Service can help in this matter.