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MS Hipex
MS Hipex asserts that it is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 039/11. However, this license number is non-existent, and MS Hipex is not listed in the CySEC register, indicating that the regulatory information it provides is false.
Additionally, MS Hipex claims to have an office in Switzerland. However, for brokers to legally offer financial services in Switzerland, they must obtain a banking license from the Swiss Financial Market Supervisory Authority (FINMA). Our search in the FINMA commercial register did not yield any results for this company.
On its License web page, MS Hipex gives simple introductions about financial regulators, including the Financial Sector Conduct Authority (FSCA), the CySEC, the Belize Financial Services Commission (Belize FSC), and the Australian Securities and Investments Commission (ASIC), to give an impression of legitimacy. However, it is not regulated by any of these entities.
In conclusion, MS Hipex is not regulated by any governing body, making it highly risky to entrust them with investors' funds due to the lack of legal protections. Therefore, it appears that MS Hipex may be fraudulent.
MS Hipex asserts that it is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 039/11. However, this license number is non-existent, and MS Hipex is not listed in the CySEC register, indicating that the regulatory information it provides is false.Additionally, MS Hipex claims to have an office in Switzerland. However, for brokers to legally offer financial services in Switzerland, they must obtain a banking license from the Swiss Financial Market Supervisory Authority (FINMA). Our search in the FINMA commercial register did not yield any results for this company.On its License web page, MS Hipex gives simple introductions about financial regulators, including the Financial Sector Conduct Authority (FSCA), the CySEC, the Belize Financial Services Commission (Belize FSC), and the Australian Securities and Investments Commission (ASIC), to give an impression of legitimacy. However, it is not regulated by any of these entities.In conclusion, MS Hipex is not regulated by any governing body, making it highly risky to entrust them with investors' funds due to the lack of legal protections. Therefore, it appears that MS Hipex may be fraudulent.
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