Company Summary
| Hexforex Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Dubai |
| Regulation | Not Regulated |
| Market Instruments | Forex, Indices, Shares, Commodities, Futures, ETFs, and Crypto CFDs. |
| Demo Account | Yes |
| Leverage | Up to 1:500 |
| Spread | Starting from 0.2 pips |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Info@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.
Pros and Cons
| Pros | Cons |
|
|
|
|
|
|
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.
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 Instruments | Supported |
| 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.
| Feature | STANDARD | ECN | VIP |
| Minimum Deposit | $100 | $1,000 | $5,000 |
| Base Currency | Forex | Forex | Forex |
| Leverage Up To | 1:500 | 1:500 | 1:500 |
| Fixed Spread | 0.33 | 0.26 | 0.2 |
| Commission | No | $7 | $5 |
| Platform | MT5 | MT5 | MT5 |
| Stop-Out Level | 30% | 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.
| Feature | STANDARD | ECN | VIP |
| Fixed Spread | 0.33 | 0.26 | 0.2 |
| Commission | No | $7 | $5 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC and Mobile | Investors of all experience levels |
Deposit and Withdrawal
Hexforex requires a minimum deposit of $100 for standard accounts. Fees for deposit and withdrawal are not mentioned on their website.
