Score

1.37 /10
Danger

HedgeStone Assets

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.92

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

HedgeStone Assets

Company Abbreviation

HedgeStone Assets

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

HedgeStone Assets · Company summary

Since HedgeStone Assetss official website (https://www.hedgestoneassets.com/) no longer works, we had to resort to scraping together information from other sources to get a feel for the company's forex broker operations.

basic-info

General Information

Registered in Saint Vincent and the Grenadines, HedgeStone Assets is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, stocks, as well as digital pairs.

Account Types

Although HedgeStone Assets offers five tiered trading accounts to accommodate its clients varying trading needs, the minimum deposit required by each account is insanely high.

The most basic account, the Standard account, requires a high deposit of $5,000, which absurdly high. Those legit forex brokers usually ask for an initial deposit of less than $200 for this types of account. Traders who want to try the Institutional account need to fund $1,000,000.

This tricky tactic exactly shows that this broker is a scammer, and what it wants to do is extracting clients all available funds from the very first.

account-types

Leverage

Trading leverage varies depending on trading accounts. HedgeStone Assetsp permits traders to use leverage of up to 1:500, which is significantly higher than the levels regarded appropriate by many regulators.

As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.

Trading Platform

Please note what HedgeStone Assets offers is not the MT4 or MT5 trading platform.

Customer Support

Clients can only reach out to HedgeStone Assets about any questions or concerns they may have about their accounts or their trading through the following methods:

Email: support@hedgestoneassets.com

Registered Company Address: ICC tower, 1 Austin Road West; West Kowloon; Tsim Sha Tsui, Hong Kong.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

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

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Gerry7145
more than one year
Biggest scammers, stay away, you will loose everything
Biggest scammers, stay away, you will loose everything
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2023-01-26 21:51
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a玲
more than one year
High spreads are provided, as high as 15 pips on my cad/usd pair! What’s more, although Hedgestone promised that traders can get support 24/7, it took a long time for them to respond to my inquiries… I already lost my patience. If you cannot do that, you should not give that promise, terrible experience.
High spreads are provided, as high as 15 pips on my cad/usd pair! What’s more, although Hedgestone promised that traders can get support 24/7, it took a long time for them to respond to my inquiries… I already lost my patience. If you cannot do that, you should not give that promise, terrible experience.
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2022-12-01 14:45
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