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The WikiFX Score of this broker is reduced because of too many complaints!

Huixin

Hong Kong|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.hxgoldhk.com/

Website

Rating Index

Contact

+852 92066754
https://www.hxgoldhk.com/
亞洲金融中心香港上環威勝商業大廈9樓
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

+852 92066754

Broker Information

More

Company Name

汇鑫富香港投资有限公司

Company Abbreviation

Huixin

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Resolved

The platform absconds

The cusotmer service of Huixin software and phones are all Anto Global. There is a problem with the platform. I cannot reach the Huixin from phone calls. The customer serivce does not reply at all.

2022-03-03 09:44
Scam

Huixin and Anto Global are same fraud company.

Huixin and Anto Global are same fraud platform, but they deny the relationship with each other. The platform does not make any emergency process after the war between Russia and Ukarine which leading to the problem of funding. I contact online customer service and telephone customer service for emergency processing. The customer service will not handle it for more than three hours, and there will be no reply. The platform shied away from this problem and froze the account for no reason. After half a month of waiting, it responded to the phone on March 17, and will make corresponding compensation for this part. In the morning, I told the manager to ask for leave, and replied on Monday. On March 21, I received a call notification, no compensation, and will not answer the phone! Investment needs to be cautious. Huixin Gold and Anton Global are both fraudulent companies, and they are the same company. If you invest in the vast number of friends, you can enter the App, confirm before investing, and do not be deceived. The phone call has been recorded, and the screenshots of the whole operation will be retained. It will be submitted to the people's court in the future. I hope tthat people will not be deceived again. Thank you

2022-03-21 12:12

    Huixin · Company Summary

    Note: Huixins official site - https://www.hxgoldhk.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

    Huixin Review Summary in 4 Points
    Founded 2-5 years
    Registered Country/Region Hong Kong
    Regulation Suspicious CGSE clone
    Customer Support Phone, address

    What is Huixin?

    Huixin

    Huixin, which presents itself as an online trading provider based in Hong Kong, is under scrutiny as its credibility cannot currently be evaluated due to the non-operational status of its website. This issue, coupled with its suspicious CGSE clone license, raises concerns about its legitimacy.

    In this article, we aim to provide an in-depth examination of Huixin by reviewing key areas of its operation systemically. We particularly invite you to continue reading if you find this matter compelling. The article will end in a succinct summary, outlining pivotal aspects of the broker for quick reference.

    Pros & Cons

    Pros Cons
    None • Suspicious CGSE clone
    • Website inaccessible
    • Negative feedbacks from their customers
    • Lack of transparency

    Evaluating the broker in discussion, it's evident that there are several significant areas of concern.

    The firm presents no obvious advantages but several conspicuous downsides. It is flagged with a suspicious clone status by CGSE, questioning its authenticity. The inaccessibility of the broker's website also poses a major concern and further contributes to the lack of transparency. There is also negative feedback from customers reporting unsatisfactory experiences. Combined, these drawbacks hint at potential unreliability and raise legitimate questions about the firm's credibility.

    Is Huixin Safe or Scam?

    When considering the safety of a brokerage like Huixin or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

    • Regulatory sight: The broker holds a suspicious clone Chinese Gold & Silver Exchange Society (CGSE) license with number 187, indicating that it might be falsely imitating a legitimate entity. Further concerns are raised by the inaccessibility of the firm's website, which impedes transparency and the ability of potential clients to contact the firm or gather necessary details. These issues combined reflect an alarming lack of transparency and the potential risk of misrepresentation, both of which require diligent attention and investigation.

    suspicious clone CFSE license
    • User feedback: WikiFX reports identify nine major concerns about this entity, including allegations of scamming, unable to withdraw, and the issue of being a clone. This cluster of issues significantly impacts credibility and demands cautious consideration when engaging with this entity.

    • Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker.

    Ultimately, the decision whether to engage in trading with Huixin or not is a personal one, necessitating a careful evaluation of the pros and cons before arriving at a conclusion.

    User Exposure on WikiFX

    There are 9 reports on WikiFX regarding issues about scam allegations, withdrawal difficulties, and concerns of being a clone. These are significant red flags demanding careful consideration from traders. We encourage users to explore our platform for comprehensive details and insights before engaging in trades. If anyone encounters dubious brokers or has fallen victim to such, we suggest them to share their experiences in our 'Exposure' section. such reports are immensely valuable for our expert team in examining these entities further to seek resolutions.

    User Exposure on WikiFX

    Customer Service

    Huixin ostensibly provides customer support via address and phone. Key platforms such as email and live chat, often used for prompt assistance, however, are currently unavailable, potentially impacting customer communication and timely problem-solving.

    Phone: +852 92066754.

    Address: 9th Floor, Wasion Commercial Building, Sheung Wan, Asia Financial Centre, Hong Kong.

    Conclusion

    Huixin, claiming to be an online trading provider based in Hong Kong, is under scrutiny due to serious concerns over its credibility. It is suspected of being a clone of a CGSE-regulated entity, implying a risky and under-regulated trading environment. Compounded by an inaccessible website and negative feedbacks on WikiFX, there are substantial concerns over Huixin's professional conduct and trading experience.

    Given these alarming issues, it is recommended that potential traders treat this platform with caution, placing importance on transparency and following regulatory guidelines when selecting a trading platform.

    Frequently Asked Questions (FAQs)

    Q 1: Is Huixin regulated?
    A 1: No. It has been verified that this broker currently under suspicious CGSE clone status with number 187.
    Q 2: Is Huixin a good broker for beginners?
    A 2: No. It is not a good choice for beginners. Not only because of its suspicious clone condition, but also because of the unavailable website and negative reports from their customers.

    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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

    In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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