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Hydro logo

Hydro

Offshore
Norway
,
Since 1900
Last Updated:
28/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
Standard Account

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

4 methods

Bank Transfer

bank transfer
hours
Fee:
Free
Fee:
Free

Credit Card

credit card
Instant
Fee:
Free
Fee:
Free

Debit Card

debit card
Instant
Fee:
Free
Fee:
Free

Electronic Wallet

e wallet
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 17%, 2: License 37%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
17%Poor
License
37%Poor
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Norsk Hydro ASA
Founded:1900
Headquarters:Norway
Enterprise Offices:1offices

Customer Support

Phone:
+47 22 53 81 00
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Hydro: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

Hydro markets itself as a trading broker that aims to give traders access to different financial markets, particularly ones that are technology-based and provide good services. Although the trading environment is quite saturated with many available trading platforms, Hydro tries to find a niche by providing solutions that cater to the different needs of traders.

Background & History

Hydro has been an excellent aluminum producer and renewable energy company since its inception in 1905. The company provides varied services ranging from aluminum to renewable energy, such as green aluminum.

As there are no large historical records available for analysis, tracing the development history of Hydro is practically impossible. Still, taking into account the broker’s current positioning, there are clear indications that they target a wide audience with their accessible platforms and convenient trading conditions.

Features and Services

It appears that Hydro has been offering trading services, each of which has been tailored to suit the needs of different traders. Even though little information exists on what services these are, brokers in this category usually trade in Forex, commodities, indices, and possibly cryptocurrencies.

Moreover, Hydro also focuses on flexible technology along with customer service to improve the experience of trading. The inclusion of real-time information about markets, analytical tools, and learning materials stands to be an essential aspect in this industry, though it is not confirmed for Hydro.

REGULATORY COMPLIANCE

The regulatory aspect is another vital element to be considered when selecting a broker, as the broker must comply with financial regulations as well as customer protection policies. Unfortunately, not much information has been obtained about the regulatory licenses or status that Hydro has attained.

The trading parties must be careful and verify first hand from Hydro about its regulatory system before doing any kind of trading business.

Regulator

License Number

Status

Little data available

Trading Conditions and Platform Technology

Conditions for trading like spreads, leverage, and minimum deposit are important for assessment towards determining if a particular broker is ideal for use. However, Hydro's particular trading terms are not explicitly stated.

Normally, brokers may offer variable or fixed spreads, leverage ratios varying from more cautious to highly risky ones, as well as minimal deposits adjusted to different accounts. Neither is the technology of Hydro’s platforms specifically defined, although it is likely to be compatible with commercially available platforms or developed software for enhanced efficiency.

Trading Condition

Details

Spreads

No data

Leverage

Data remains limited

minimum deposit

Little information available

Trading Platforms

Limited Information Available

Cost Structure

Knowing the fee structure helps traders in controlling their expenses. However, the fee information related to deposit fees, withdrawal fees, as well as commissions in the case of Hydro’s trading platforms can be found in their website but is currently unavailable.

Typically, brokers will charge commissions on trade, spreads, or certain forms of payment. Without this information, it is always a good practice to contact the actual company, in this case the company of Hydro, to obtain clarification.

Description

================

Details

Deposit Fees

Insufficient Information Available

Withdrawal Fees

Limited information available

Commission

Little information available

Conclusion

Hydro claims to be a trading broker in the financial services industry with the goal of facilitating access to the market and trading opportunities. However, the limited information available makes it difficult to critique its offerings and trading environment. Potential trading partners must address the company with the diligence that is appropriate when considering making an investment, researching the broker as well as the regulatory requirements that must be met. A better understanding of the value that Hydro brings to the market could become possible as the company further establishes itself.

Regulation check

Regulatory Licenses

Every licence Hydro has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
1

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Services Commission 549300N1SDN71ZZ8BO45

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
NorwayOffshore
Authority strength
Tier 3
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000

These are the rules FSC sets for the firms it licenses. They are not a statement about how Hydro applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Deposits & withdrawals

Funding Methods

4 ways to fund an account. 3 credit instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer1Not recordedNot recordedNot recordedNot recordedNot recordedhour
Credit CardCredit Card1Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Debit CardDebit Card1Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Electronic WalletE-Wallet1Not recordedNot recordedNot recordedNot recordedNot recordedInstant

Broker's notes on these methods

  1. Fees, processing times, and limits vary by brokerage platform. · applies to 4 methods
Fees, limits and processing times as published by Hydro, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.shapesbyhydro.com/enActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Hydro brand.

1 entity
  • Norsk Hydro ASAActiveNorwayRegistration 914778271Established Jan 26, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Hydro

Most Popular Questions
Norsk Hydro ASA offers customer support via phone and live chat during business hours. Support is available in English, and the broker maintains social media presence on Facebook, LinkedIn, Instagram, and YouTube for additional contact options.
Norsk Hydro ASA provides leverage up to 1000 according to the available data.
Norsk Hydro ASA offers trading in regulated financial instruments such as Forex, Funds, and Derivatives.
Norsk Hydro ASA supports various funding methods including bank transfers, credit cards, debit cards, and electronic wallets. Processing times vary from instant for cards and e-wallets to hours for bank transfers. Fees and limits depend on the brokerage platform used.
Norsk Hydro ASA is regulated by the Financial Services Commission (FSC), which is an offshore regulator. The broker holds a Financial Service license and operates under medium transparency.
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