Hexforex Forex Broker

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 +971-589441790Hexforex 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.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 withdrawalIs 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.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✔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%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$5Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for MT5✔PC and MobileInvestors of all experience levelsDeposit and Withdrawal Hexforex requires a minimum deposit of $100 for standard accounts. Fees for deposit and withdrawal are not mentioned on their website.