Score

1.73 /10
Danger

Hexforex

Saint Lucia

1-2 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index4.37

Risk Management Index0.00

Software Index7.73

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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40G

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Broker Information

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Company Name

HEXFOREX CAPITAL MARKETS LTD

Company Abbreviation

Hexforex

Platform registered country and region

Saint Lucia

Company website

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  • 971589441790

Company summary

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Warning: Low score, please stay away!
Previous Detection : 2025-07-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Hexforex · Company summary
Hexforex Review Summary
Founded2024
Registered Country/RegionDubai
RegulationNot Regulated
Market InstrumentsForex, Indices, Shares, Commodities, Futures, ETFs, and Crypto CFDs.
Demo AccountYes
LeverageUp to 1:500
SpreadStarting from 0.2 pips
Trading PlatformMT5
Min Deposit$100
Customer SupportInfo@hexforex.com
+971-589441790

Hexforex Information

Hexforex is a CFD trading broker offering over 1000 tradable instruments, including forex, CFDs, commodities, stocks, metals, and energies on the MT5 platform. They provide three account types, including Standard, ECN, and VIP, alongside a demo account, with leverage up to 1:500 and spreads starting from 0.2 pips.

Hexforex Information

Pros and Cons

ProsCons
  • Supports Meta Trader 5
  • Lack of regulation
  • Offers three account types and a demo account
  • Requires a minimum deposit of $100
  • High leverage up to 1:500
  • Limited information on fees for deposit and withdrawal

Is Hexforex Legit?

Hexforex is an unregulated broker. The domain name hexforex.com on WHOIS was registered on January 11, 2024; updated on February 25, 2025; and will expire on January 1, 2026. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.

Is Hexforex Legit?
Is Hexforex Legit?

What Can I Trade on Hexforex?

Hexforex provides diverse trading assets, including Forex with major and minor currency pairs, Indices covering entire sectors, Shares of top companies, Commodities like oil and gold, Futures on indices and commodities, ETFs forecasting entire sectors, and Crypto CFDs with tight spreads.

Tradable InstrumentsSupported
Forex
Indices
Shares
Commodities
Futures
ETFs
Crypto CFDs
What Can I Trade on Hexforex?

Account Type

Hexforex offers three types of accounts: Standard, ECN, and VIP, all with Forex as the base currency. Besides, they also offer a demo account for beginners.

FeatureSTANDARDECNVIP
Minimum Deposit$100$1,000$5,000
Base CurrencyForexForexForex
Leverage Up To1:5001:5001:500
Fixed Spread0.330.260.2
CommissionNo$7$5
PlatformMT5MT5MT5
Stop-Out Level30%30%30%
Account Type

Leverage

Hexforex offers leverage up to 1:500 for all accounts.

Hexforex Fees

Hexforex offers fixed spreads that decrease with higher account tiers: Standard (0.33, no commission), ECN (0.26, $7 commission), and VIP (0.20, $5 commission). Higher volume traders might benefit from the tighter spreads and commissions of the ECN or VIP accounts.

FeatureSTANDARDECNVIP
Fixed Spread0.330.260.2
CommissionNo$7$5

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

Hexforex requires a minimum deposit of $100 for standard accounts. Fees for deposit and withdrawal are not mentioned on their website.

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Hexforex
6-12months
HexForex provides an exceptional trading experience. As a client, I appreciate their transparent approach, competitive spreads, and robust platform. Their customer service team is knowledgeable and quick to assist, while the variety of trading instruments ensures flexibility. Overall, HexForex is a reliable broker for anyone serious about trading
HexForex provides an exceptional trading experience. As a client, I appreciate their transparent approach, competitive spreads, and robust platform. Their customer service team is knowledgeable and quick to assist, while the variety of trading instruments ensures flexibility. Overall, HexForex is a reliable broker for anyone serious about trading
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2024-12-13 14:35
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