Hexally Broker Review – Why Hexally Is A Big Liar And Scam?

As of May 2023, the broker (Hexally.com) has ceased operations. But you can read the article so you don’t fall for similar scammers.

Is Hexally Regulated? – Is the Broker Legitimate?

Hexally broker, an offshore company from Saint Vincent and Grenadines, is the official owner. Solme Partners Ltd is the official owner, and was registered with FSA in 2021.

FSA has declared itself to be a financial register. However, the license must be obtained in the country where the service is being provided.

This basically means that Hexally regulation should be from the FCA or ASIC or any Tier 1 regulatory agency.

What is wrong with a Trading License? Important Facts

Tier 1 regulators require companies to set up a compensation fund for clients that is at least 730,000 EUR in order to reimburse them for any problems. ESMA, MiFID also require them to keep client funds in separate accounts for greater transparency and safety.

Hexally does not have to be licensed in any particular country. You can keep funds in the company’s bank account. However, you don’t have any place to file a complaint if your money is stolen.

Warnings against Hexally Fraud

Numerous Hexally complaints were received in many countries, prompting regulators to issue warnings. Spanish CNMV was the first, which was later republished by CONSOB in Italy and FSMA in Belgium.

CNMV stated clearly that Hexally was not authorized to offer investment services and is operating illegally. Anyone involved should immediately.

Is Hexally Trading Active?

The regulatory warning clearly states that the Hexally scam is primarily active in Spain. Then, there’s Greece, Germany, Austria, and the list goes on. CONSOB, FSMA and other indicators indicate that the company also operates in Belgium or Italy.

This is it. Don’t do business with this fraudster trading company if you don’t want to be defrauded.

What is a chargeback?

Chargebacks are a way for your bank to recover funds from the merchant. We recommend that you contact us immediately to begin the process. We will have a free consultation to discuss how we can recover your money right away!

Hexally: Video

Below you will find a short video about Hexally. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Hexally!