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Hexally
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Hexally Broker Review

  • Cryptocurrencies cannot be traded as CFDs
  • To open an account with Hexally broker, you must deposit a minimum of 250 euros.
  • Hexally does not have an app for mobile devices
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Overview

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FAQ

Hexally Broker Review – Is Hexally.com Broker Scamming People?

It’s another day, another offshore trading firm. Broker Hexally offers you no reasons to trust it even as it convinces you that now is the time to begin trading.

Like many others we’ve reviewed, including Victoria Coins, AceInvesting, and Clyde Trade, Hexally forex brokerage is illicit and unreliable. 

Check out our unbiased Hexally review for more information!

  1. Scam Broker Status: Offshore
  2. Licensed by: Unlicensed Company / Unregulated
  3. Websites of scammers: Hexally.com
  4. Operational Status: Active Forex Trading Scam
  5. CNMV, CONSOB, and FSMA have blacklisted this as a scam
  6. Owner of the broker: Solme Partners Ltd.
  7. Country of headquarters: Saint Vincent and the Grenadines
  8. Year of foundation: 2021
  9. Trading platforms: WebTrader
  10. Trading via mobile browser is the only option.
  11. The minimum deposit is 250 euros.
  12. Bonus: 25% on your first deposit
  13. Trading Crypto Assets: Not Available
  14. Yes, CFDs can be traded.
  15. Trade Forex (FX) / Commodities / Indices / Shares
  16. Leverage maximum: 1:300
  17. There is no Islamic account available.
  18. Demo Accounts are not available; only live accounts
  19. US traders are not accepted: US traders are not accepted.
  20. Fraud Protection Experts’ Verdict: Don’t Invest in This Scam Broker!

Is Hexally Regulated?– Is The Broker Legit?

Hexally broker is an offshore company based in Saint Vincent and the Grenadines. In 2021, Solme Partners Ltd was registered with the Financial Services Authority as the official owner.

Although FSA declared itself a financial register, the license should be obtained in the country of service, not in FSA.

As a result, Hexally regulation should come from the FCA, ASIC, BaFin, or any other Tier 1 regulator.

What’s Wrong With a Trading License? – Important Facts

To reimburse clients in case of problems, Tier 1 regulators require companies to create compensation funds of at least 730,000 EUR. Furthermore, ESMA and MiFID need them to keep clients’ funds in segregated accounts to ensure greater transparency and safety.

Without a license in any country, Hexally can do whatever it wants. The company can keep your funds, while you cannot file a complaint if you are scammed.

Additionally, it would help if you avoided scammers such as Jet Capitals, BitcoinEra, and InstaForex.

Warnings Against Hexally Fraud

Regulators issued official warnings following numerous Hexally complaints in several countries. It was first published by the Spanish CNMV and later by the Italian CONSOB and the Belgian FSMA.

Warning Issued by CNMV

CNMV stated that Hexally is not authorized to provide investment services and operates illegally. Therefore, anyone involved must file a report as soon as possible.

Where Is Hexally Trading Scam Active?

According to the regulatory warning, Hexally trading scams mainly operate in Spain. The following three countries are Greece, Germany, and Austria. In addition, CONSOB and FSMA indicate that the company also operates in Belgium and Italy. 

Don’t deal with this fraudulent trading firm if you don’t want to be defrauded.

Scammed By Hexally Broker? – Talk To Our Experts Today!

First, let us reassure you that you aren’t the only victim of the Hexally scam. Many people have complained to Global Fraud Protection, and we have helped them get their money back.

Get your funds back from this fraudulent company by contacting us online. Take your first step towards recovery now by scheduling a free consultation!

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Online Trading Complaint Form

FAQ Section:

1. Can I Trade Cryptocurrencies And CFDs With Hexally Broker?

Cryptocurrencies cannot be traded as CFDs, but you can trade indices, shares, and commodities.

2. What Is The Hexally Minimum Deposit?

To open an account with Hexally broker, you must deposit a minimum of 250 euros.

3. Does Hexally Have a Mobile Trading App?

Hexally does not have an app for mobile devices; everything is done through a web browser.

4. Are My Funds Safe With Hexally?

With Hexally, your funds are not safe due to the broker’s offshore location and unregulated status.

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