Hexo Firm Review : Fees, Pros and Cons, Reviews by Real Traders

Hexo Firm

Operating status: SCAM

Website: https://hexofirm.com/

Broker violations and abnormal records

May 07, 2023 The Bahamas regulator SCB added Hexo Firm to warning list
On May 8, 2023, the Securities Commission of The Bahamas (SCB) added Hexo Firm to warning list for offering financial services or products illegally: https://www.scb.gov.bs/wp-content/uploads/2023/05/Public-Notice-No-2-of-2023-Unregulated-Entities.pdf

On May 8, 2023, the Securities Commission of The Bahamas (SCB) added Hexo Firm to warning list for offering financial services or products illegally: https://www.scb.gov.bs/wp-content/uploads/2023/05/Public-Notice-No-2-of-2023-Unregulated-Entities.pdf
May 10, 2023 BrokersView has reviewed that Hexo Firm is an unregulated broker
Hexo Firm claims to be registered in Cyprus and regulated by the Financial Conduct Authority (FCA). However, we found no records of its existence in the registers of Cyprus Securities and Exchange Commission (CySEC) and the FCA. This means that this broker is using false information to deceive unsuspecting investors. In addition, the Securities Commission of the Bahamas (SCB) has issued a warning against Hexo Firm, saying it is not authorized to offer financial services or products.
In essence, Hexo Firm is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Hexo Firm claims to be registered in Cyprus and regulated by the Financial Conduct Authority (FCA). However, we found no records of its existence in the registers of Cyprus Securities and Exchange Commission (CySEC) and the FCA. This means that this broker is using false information to deceive unsuspecting investors. In addition, the Securities Commission of the Bahamas (SCB) has issued a warning against Hexo Firm, saying it is not authorized to offer financial services or products.In essence, Hexo Firm is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Reviews

Be the first to review.

Rate and Review

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.