Brokers  /  HASH GROUP

HASH GROUP

Severe risk
India · 2-5 years · since 2022-10-12 · Harsh Group
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.45/10
Trustpilot2/5
Forex Peace Army/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~43% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration458%
Transparency (site/info/social)2510%
Real-user sentiment708%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameHarsh Group
Headquarters India
Founded2022-10-12
Years operating2-5 years
Employees0
Official websitehash-coin.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
HARSH TOWER, Plot No.8, Main Gopalpura Triveni Nagar Mode,, Triveni Nagar Churaya, Gopalpura Bypass Rd, Vishveshvariya Nagar, Arjun Nagar, Jaipur, Rajasthan 302019, India

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.27)

The entire user-review corpus is unanimously negative, with zero positive feedback across any category. Traders recount losing substantial sums—such as $3500—after being lured into depositing Bitcoin under false promises. Once deposits are made, the broker either becomes unreachable or imposes escalating demands for further funds. The pattern is consistent: the entity operates as a classic deposit-and-disappear scam. No mitigating factors appear in the review record.

Not for
  • Any retail trader seeking a regulated and transparent broker
  • Investors prioritizing fund safety and withdrawal guarantees
  • Users expecting legitimate customer support and verifiable trading infrastructure
Period:
What users complain about
Where reviewers are from
🇮🇹 IT2
🇬🇧 GB1
🇺🇸 US1
🇵🇱 PL1
TZ1
BW1
Positive vs negative · last 6 months Pos Neg
Mar
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Real user reviews

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About HASH GROUP

Company Overview

Hash Group, legally registered as Harsh Group, is a financial services provider that emerged in late 2022. Based in Jaipur, Rajasthan, India, the company operates an online platform through which users can participate in investment plans. The broker’s public-facing materials—gleaned from user reports—suggest it offers multiple deposit-based plans with varying commitment levels, typically requiring initial deposits in cryptocurrency. However, the firm provides no detailed disclosures about its ownership, operational track record, or the regulatory framework governing its activities.

Given its recent founding and limited transparency, accurate information about the broker’s full range of services remains sparse. This overview compiles what is publicly known about Hash Group, drawing on official registration data, third-party user platforms, and the broker’s limited online footprint.

Company Background

The entity behind Hash Group is legally named Harsh Group, with a registered address at HARSH TOWER, Plot No.8, Main Gopalpura Triveni Nagar Mode, Triveni Nagar Churaya, Gopalpura Bypass Rd, Vishveshvariya Nagar, Arjun Nagar, Jaipur, Rajasthan 302019, India. The company was founded on 12 October 2022, making it less than two years old at the time of this review. According to available corporate records, the firm reports having zero employees—a fact that raises questions about the scale and legitimacy of its operations.

Typically, a financial services provider servicing retail clients would maintain a staff roster to handle compliance, customer support, and technical operations. The absence of any recorded employees suggests that Hash Group may be a shell operation or a very small venture lacking the infrastructure to support genuine trading services. The address provided is a commercial tower in Jaipur, but FXCanary has not independently verified whether the office is actively occupied.

Regulatory Status

One of the most critical aspects when evaluating any broker is its regulatory standing. Hash Group holds no verified financial services license from any recognized authority. FXCanary’s searches of major international financial registers—including the Securities and Exchange Board of India (SEBI), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and others—yielded no record of authorization for Hash Group or its legal name, Harsh Group.

Operating without regulatory oversight means that client funds are not protected by any investor compensation scheme, and the broker is not required to segregate client money from its own operating funds. In practice, this leaves users with no recourse in the event of a dispute, fraud, or insolvency. For a firm soliciting deposits from retail investors, the complete absence of a license is a severe red flag that should not be overlooked.

Investment Plans and Platform

User reports indicate that Hash Group’s website presents a tiered system of investment plans, often referred to as “5 plans.” Each plan requires a saved deposit amount, which the user then funds via Bitcoin. The exact structure—including promised returns, lock-in periods, or risk profiles—is not publicly documented by the broker, but user accounts suggest that higher tiers demand larger deposits and ostensibly offer greater profits.

The platform appears to be web-based, with a live chat widget that assigns an agent who then continues communication via WhatsApp. This setup, combined with the absence of any downloadable trading terminal or independent mobile app, deviates from the norm for legitimate forex or CFD brokers. Standard industry practice involves proprietary platforms or third-party solutions like MetaTrader, none of which Hash Group seems to employ.

Client Feedback Snapshot

At the time of writing, Hash Group’s presence on user review platforms is minimal and overwhelmingly negative. On Trustpilot, the broker holds a score of 2.0 out of 5 based on 11 reviews, with nearly all reviews giving a 1-star rating. The Forex Peace Army directory lists no reviews. Across these channels, common complaints include non-payment of withdrawals, demands for additional deposits before releasing funds, and complete loss of contact after depositing.

Who Should Use Hash Group?

Given the absence of regulation, the alarming lack of transparency, and the uniformly negative feedback from users, FXCanary cannot identify a single trader profile for which Hash Group would be a suitable choice. The broker’s offering appears to expose investors to a high probability of capital loss without any of the safeguards that characterize legitimate financial markets. Prospective clients are strongly urged to consider regulated alternatives that offer clear oversight, segregated accounts, and a demonstrated history of fair client treatment.

Overview compiled by FXCanary from regulatory records and public data. full HASH GROUP review