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HXEX

Saint Vincent and the Grenadines|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.hxex.cc/

Website

Rating Index

Contact

info@hxex.cc
https://www.hxex.cc/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

HX Investments Limited.

Company Abbreviation

HXEX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0517064) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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HXEX · Company Summary

Since HXEX's official website (https://www.hxex.cc/) is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.

basic-info

General Information

Registered in Saint Vincent and the Grenadines, HXEX is a forex broker allegedly providing a series of trading instruments. since this brokers official website cannot be opened for now, we could not obtain more essential details about its minimum deposit, trading instruments, spreads and commissions,

HXEX is owned and operated by HX Investments Limited, a company under no valid regulation. Besides, the NFA (U.S.) regulatory license authorized by this broker is a suspicious clone. Please be aware of the risk.

Leverage

Trading leverage employed on particular trading instruments cannot be found anywhere. Since leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

HXEX does not elaborate what trading platform it provides. However, given the fact that this broker is an unregulated one, traders are not advised to use it no matter what trading software it employs.

Customer Support

As an unregulated offshore forex broker, HXEX provides the poor customer support, for clients with any inquiries or trading-related issues can only get in touch with this broker through an email it leaves: info@hxex.cc.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

User Reviews

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3

Comments

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Yanglin
more than one year
My interaction with HXEX has been anything but smooth. The platform's reluctance to process payments, coupled with a dubious 20% personal income tax requirement before withdrawal, has left me skeptical. The constant hurdles and account closures only add to suspicions of potential fraudulent activities.
2023-12-19 19:46
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0
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FX1327478262
6-12months
without no much writing , am talking from experience, HXEX is a scam and wants me to pay some amount percentage for TAX personally understandable by them, and if i dont pay within some time i will loss all my invested funds. i go worried and and got maximum assistant from re claim e x p e r t dot n et -* for fast withdrawal processing with the professional tools.
2023-07-18 10:45
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0
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小牛87701
more than one year
The website of this so-called foreign exchange broker registered in Saint Vincent and the Grenadines is no longer open. Based on its regulatory license, it is very likely to be a scammer.
2022-12-12 11:30
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