Score

1.53 /10
Danger

HXEX

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 4

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

open now

Broker Information

More

Company Name

HX Investments Limited.

Company Abbreviation

HXEX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
HXEX · Company summary

Note: HXEX's official website: https://www.hxex.cc/ is currently inaccessible normally.

HXEX Information

Founded in 2024, HXEX Company Limited is a brokerage company holding a suspicious clone license registered in Saint Vincent and the Grenadines.

HXEXs homepage

Is HXEX Legit?

Suspicious clone NFA license
National Futures Association (NFA)
Current StatusSuspicious Clone
Regulated by United States
License TypeCommon Financial Service License
License No.0517064
Licensed InstitutionHX WORLDWIDE COMPANY LIMITED

HXEX claims regulation by the National Futures Association (NFA) in the United States. However, HXEX's current status is suspicious clone. This means their license may be fake. We advise traders to look for a regulated one.

Suspicious Clone NFA license

Downsides of HXEX

  • Unavailable Website

HXEX's official website is currently inaccessible. We can not get first-hand information from its website.

  • Lack of Transparency

There is a notable lack of information about HXEX available online. Its safety and legitimacy are doubtful.

  • Regulatory Concerns

HXEX currently only holds a suspicious clone license. Its safety and legitimacy are doubtful.

  • Withdrawal Difficulty

According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. Despite the request being pending for over a week, the issue remained unresolved.

Negative HXEX Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative HXEX Reviews on WikiFX

As of now, there are 5 pieces of HXEX exposure in total. I will introduce 2 of them.

Exposure 1. Cannot withdraw

ClassificationUnable to Withdraw
Date2023-08-29
Post CountryTaiwan

You may visit: https://www.wikifx.com/en/comments/detail/202308299692855313.html

Exposure 2. Tax Payment Demand Threatens Investments

ClassificationOthers
Date2023-07-18
Post CountryCanada

You may visit: https://www.wikifx.com/en/comments/detail/Co202307188011595727.html

Conclusion

Trading with HXEX may pose security risks. Their regulatory status raises concerns because of their “suspicious clone” license under the National Futures Association (NFA). We advise traders to choose regulated brokers with transparent operations to ensure the safety of your investments.

User Reviews

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User comment

3

Comments

Write a review

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.
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.
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2023-12-19 19:46
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FX1327478262
more than one year
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.
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.
Translate to English
2023-07-18 10:45
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