Score

1.43 /10
Danger

HengXing

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.39

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • 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

Pyramid scheme complaint
Expose
HengXing · Company summary

Official Website Unavailable

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Furthermore, the official website is as follows: https://hengxingfx.com/en/index.htm

General Information

HengXing is an emerging private online Forex broker registered in China, unfortunately, we could not find any other info about this corporation on the website, however, this broker has not provided any office location info as well as the regulation details.

Market Instruments

All we know is that HengXing is allegedly a Straight Through Processing (STP) broker with a low price product, however, we do not know the specific financial assets they offered.

Accounts & Leverage

HengXing has not disclosed the account they offered, and the leverage is capped at 1:500.

Trading Platform

The broker claims that they offer the reliable platform of MT4, however, there is no info to confirm it, so clients are allowed to trade on a web-based trading platform that possesses a plethora of experts, tools, and features.

Deposit & Withdrawal

The same goes for accounts, HengXing has not elaborated on the payment methods they accept.

Customer Support

We could not get relevant information about the phone number of the company due to failing to visit the official website, if so desired, please e-mail meiwork@hengxingforex.com at an appropriate time.

Risk Warning

A high level of risk is involved in investment products. Establishing your Investment targets understanding of risk and trading experience is key to maintaining a good trading experience. Losing more than your initial investment is highly possible, so do not invest money you cannot afford to lose. We do not, and will not, take into account your circumstances, nor provide any recommendation for you to make any decisions.

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