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/10

HXFX Global

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://hxfxglobal.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Thailand Thailand 3.16
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+84 2844582358
https://hxfxglobal.com/
Suite 803, 162 Warwick Way, London, England, SW1V 4JE.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
HXFX GLOBAL Investments Limited
Email
cs@hxfxglobal.com
Contact Number
+842844582358
Account Info
Business Region
Verified Site
About Us
Disclosure
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • hxfxglobal.com
    116.251.230.154
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Information
Registered Country/Region United Kingdom
Found 2010
Regulation Suspicious clone
Market Instrument Forex Share, Index, Commodity, and Cryptocurrency
Account Type Mini, Standard and Senior
Demo Account yes
Maximum Leverage 1:500
Spread Vary on the account type
Commission N/A
Trading Platform MT4
Minimum Deposit $20
Deposit & Withdrawal Method Malaysian banks and Help2pay

HXFX Global is a global forex broker with three financial institutions, Rhino Smart Pty Ltd, HXFX Global Investments Limited, and HX WORLDWIDE COMPANY LIMITED. HXFX Global itself does not hold any reliable regulatory license.

Here is the home page of this brokers official site:

home page

Safety Analysis of HXFX Global

After investigation, it is clear that although the three financial institutions under HXFX Global hold different regulatory licenses, HXFX Global itself does not hold any valid license, which means that HXFX Global is an unregulated brokerage platform, and the safety of investors' funds and trading activities on the HXFX Global platform cannot be effectively protected. Therefore, it is best for investors to stay away from this HXFX Global Forex broker.

General Information & Regulation

Note: The screenshot date is February 10, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

HXFX Global provides investors with 40+ trading products, mainly Forex (20+ currency pairs, major currency pairs such as EUR/USD, USD/JPY and GBP/USD), Share, Index, Commodity, and Cryptocurrency.

Market Instruments

Account Types

Apart from demo accounts, HXFX Global offers investors three different types of real trading accounts: Mini (minimum deposit of $20), Standard (minimum deposit of $50), and Senior (minimum deposit of $2,000).

Account Types

Leverage

The leverage is capped at 1:500. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

The spread on the HXFX Global platform is 1.5 pips on the EURUSD for Mini accounts, 1.3 pips on the EURUSD for Standard accounts, and 1.1 pips on the EURUSD for Senior accounts.

Trading Platform

HXFX Global offers traders the most popular MT4 trading platform available today, with unparalleled charting tools and an environment for developing custom indicators, and an automated trading system (EA). The HXFX Global trading platform is available in various formats and versions - desktop download, web browser, Android & iOS mobile app.

Deposit & Withdrawal

HXFX Global only supports deposits from Malaysian banks and Help2pay for deposits to investment accounts. HXFX Global charges a $3 fee for single deposits of less than $50, a 6% fee if the transaction margin amount is less than 50% of the deposit amount and a 5% withdrawal fee from the fourth withdrawal within 24 hours.

Customer Support

HXFX Globals customer support can be reached 24/5 by telephone: 120852310 (Vietnam), 12280875 (Viettel network), +84-2844581687, 1800819320 (Malaysia), 180016530003 (Philippines), +84-2844582358 (VN, Fees required), +60-1800819625 (MA, Fees required), email: cs@hxfxglobal.com, Zalo and WhatsApp. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn.

Pros & Cons

Pros Cons
• Wide range of trading instruments • The absence of any valid license itself
• Demo accounts available • Regional restrictions
• Minimum account deposit acceptable ($20) • Limited funding options
• MT4 supported • High withdrawal fees

Frequently Asked Questions (FAQs)

Q 1: Is HXFX Global regulated?
A 1: No. Vanuatu Financial Services Commission (VFSC) and National Futures Association (NFA) licenses are both suspicious clones.
Q 2: At HXFX Global, are there any regional restrictions for traders?
A 2: Yes. The information on HXFX Globals website is not intended for residents of the United States, nor is it intended for use in any country or jurisdiction where distribution or use would violate local laws and regulations.
Q 3: Does HXFX Global offer demo accounts?
A 3: Yes.
Q 4: Does HXFX Global offer the industry-standard MT4 & MT5?
A 4: Yes. HXFX Global supports MT4.
Q 5: What is the minimum deposit for HXFX Global
A 5: The minimum initial deposit to open an account is $20.
Q 6: Is HXFX Global a good broker for beginners?
A 6: No. HXFX Global is not a good choice for beginners. Though it advertises very well, it lacks legitimate regulations. Take care!

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

HXFX Global Review – is hxfxglobal.com scam or good forex broker?

News HXFX Global Review – is hxfxglobal.com scam or good forex broker?

HXFX Global presents itself as a global forex brokerage holding licenses with three financial institutions. It offers its clients access to the popular MetaTrader4 platform, and a choice of three account types, however we couldn’t register a demo one for the purposes of this review. What is worse, our investigation on the regulatory status of the entities within the HXFX Global group revealed that the broker doesn’t actually hold a credible license of its own.

Wiki Q&A

Can HXFX Global be trusted by traders?

HXFX Global Investments Limited presents severe risk warnings for traders and operates without a valid forex trading license from any mainstream financial regulator. It maintains a UK registration and lists an unverified license from the Vanuatu Financial Services Commission, an offshore jurisdiction. The broker's SkyEye score of 1.57 indicates fundamental regulatory deficiencies. While it offers accessible entry points like a $50 mini account and high leverage up to 1:500, client funds are not protected under compensation schemes offered by top-tier regulators.

04-02
United States

What licenses does HXFX Global hold?

HXFX Global does not hold any credible, mainstream regulatory licenses. The broker lists a single Forex Trading License (EP) from the Vanuatu Financial Services Commission (VFSC), which is noted as 'Unverified'. Vanuatu is an offshore financial center not known for stringent regulatory oversight comparable to authorities like the FCA or ASIC. The company, HXFX Global Investments Ltd, is identified as the license holder. For a trader, this means the entity operates without the enforceable protections, regular audits, and client fund segregation mandates that are standard under top-tier regulation.

04-02
United States

When was HXFX Global established?

HXFX Global has an operating history of 5 to 10 years. The broker provides multiple live trading account types, including a Standard account with a $200 minimum deposit and a Mini account starting from $50, all offering leverage up to 1:500. The company is registered in the United Kingdom.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

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¿Qué es un sitio web clonado de un bróker?

Un sitio web clonado de un bróker es una página fraudulenta que imita la información de una empresa legítima para inducir a los inversores a realizar depósitos. Estas páginas suelen copiar el nombre de la marca, el diseño del sitio e incluso la información regulatoria. Sus características comunes incluyen dominios similares al sitio oficial, información de contacto difícil de verificar y promesas de rentabilidad inusualmente altas. Una vez transferidos los fondos, normalmente resulta difícil recuperarlos. Se recomienda verificar el dominio oficial, la información regulatoria y utilizar WikiFX como herramienta de verificación adicional.

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What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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