FastBull BrokersView
Sign In

hxfx global

Newest

Popular

Is https://www.hxfxglobal.com/en a safe broker?
Marta
Estonia
Feb 23, 2022
ANSWER HXFX Global is an unregulated broker and should be avoided at all events. HXFX Global states its establishment in 2010, however, it turned out to be nothing but a lie as we found that the broker's domain was just created in 2018. Any broker who makes statements contrary to the truth should be labeled as a suspicious scam. Besides, HXFX Global doesn't present company details like registration, physical office address and phone number, nor does it mention regulatory status. And this is always the most distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. Moreover, downloading its MT4 software, we found that HXFX Global is owned by HX Investments Limited, a liability located in Saint Vincent and the Grenadines. But we didn't find any result of this broker from the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA). Besides, the SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Obviously, HXFX Global runs under no regulatory license. It means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam. We would recommend traders to stay away from unregulated brokers and trade with licensed brokers.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.