September 10, 2020

Harvest Asset Holdings Ltd Review

Overview

Harvest Asset Holdings Ltd is a broker company, based out of Hong Kong, as per the company information available online. There isn’t a lot of information available about the company in the public domain. At the time of writing this review, their website also remains inaccessible. Upon checking the information of the domain, we came to know that it was registered in August 2016. But no information about the owner of the domain is available. This itself is a red flag for many traders. Read the full Harvest Asset Holdings Ltd review here.

About Harvest Asset Holdings Ltd

As mentioned in the overview, there really isn’t any verifiable information about the company available online. Matter of fact, since the website remains inaccessible, we cannot even have the data about the spreads it might offer on various CFDs.

Despite no legal information being available about Harvest Asset Holdings  Ltd, what you do find are warnings from the around globe about this company. One of the primary things we look for in a broker is the license(s) it has to provide financial services. There are no licences issued to this company however we found warnings and multiple watchdog organizations blacklisting this company. Not just internet watchdog groups, but also regulatory bodies like the ASIC (Australian Securities and Investments Commission), have flagged Harvest Asset Holdings Ltd in 2018. They urged customers to avoid dealing with the company as they do not have the required license to provide financial services or an Australian Credit License from the ASIC.

But it is not just the Australian Securities and Investments Commission, that has warned customers. The Securities and Futures Commission, in Hong Kong has also alerted customers, by adding the company to it’s ‘Alert List’.  The FCA (Financial Conduct Authority) in the UK has also blacklisted the company and urges the British people to not deal with the company.

The Verdict

Based on the fact that there is little to no information available to potential traders about Harvest Asset Holdings Ltd, and the various government and independent regulatory bodies issuing warnings against them; It seems fair to say that customers should be extremely cautious.