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• Our Review Method

• Is HybridReserve Scam or Legit Broker?

• What is HybridReserve?

• HybridReserve Review Conclusion

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding HybridReserve due to the issues we've identified.

Is HybridReserve Scam or Legit Broker? ▲

Trading with HybridReserve poses significant risks to investors. Owned by SingleBell OU, an entity with registration in St. Vincent and the Grenadines, HybridReserve raises red flags due to the jurisdiction’s lack of stringent regulations and oversight in the forex market. The low setup cost and almost non-existent regulatory standards have made St. Vincent and the Grenadines a haven for numerous questionable forex brokers, including CapitalXP and Welkron. Our extensive research across 1000 brokers emphasizes the dangers associated with trading platforms from such loosely regulated jurisdictions.

What is HybridReserve? ▲

HybridReserve positions itself as a provider of comprehensive trading solutions catering to a wide range of traders, from novices to professionals and institutional clients. Despite its claims of efficiency and profitability through its software package, the reality surrounding HybridReserve is concerning. The broker asserts incorporation in Tallinn, Estonia, but lacks proper registration in both Estonia and its alleged base in St. Vincent and the Grenadines, rendering it an unauthorized entity. This lack of legal standing is compounded by prohibitions from multiple regulatory bodies:

• "The Financial Services and Markets Authority (FSMA) warns the public against the activities of (Singlebell Ltd / SingleBell OU), a company that offers investments without complying with Belgian financial legislation. HybridReserve (Singlebell Ltd / SingleBell OU) is not allowed to provide banking and/or investment services in or from Belgium." FSMA, 19 February 2019.

• "SingleBell Ltd. is not entitled to carry out banking transactions in Austria that require a license. The provider is therefore not permitted to trade in financial futures contracts (futures) on its own account or on the account of others" FMA, 1 March 2019.

Such warnings underline the broker's failure to meet basic regulatory standards, making it an unsafe choice for traders seeking reliability and security in their trading endeavors.

HybridReserve Review Conclusion ▲

The findings from our in-depth review strongly discourage trading with HybridReserve and other similar brokers based in St. Vincent and the Grenadines. The glaring lack of regulation and oversight, combined with the broker’s dubious legal status and prohibitions from reputable financial authorities, creates an environment ripe for potential financial risks. Traders are advised to seek out brokers regulated by reputable organizations, such as the FCA in the UK or ASIC in Australia, to ensure a safer and more reliable trading experience. Although the HybridReserve platform may no longer be operational, as indicated by its inactive website, caution should still be exercised. Traders are encouraged to remain vigilant and steer clear of any proposals or solicitations that may emerge from this or similar entities.