Is Hengxing asset limited licenced?

Is Hengxing asset limited licenced?

By Litu chen, from Canada,

July 14, 2021 at 09:12 PM

i have registered an account in and put in some money in it , but recently account has been frozen. is Hengxing asset limited with broker licensed in Hong Kong ? it looks a fraud website

Answer: Hi Litu chen,

HengXing Assets Limited claims to be an international online trading services provider. The broker does not mention any information about its regulation, so we assume it doesn’t have any. We couldn’t find details about broker’s location/address as well. What we are trying to say here is that considering these facts it is clear the company is not authorised to provide the above mentioned services.

Unfortunately, there is a small chance of getting your money back. We would recommend to stop any cooperation with this broker and NOT invest more. Also, you need to report to the local financial regulator, so they can investigate and suspend the scam company.

Have you been scammed by fraud and fake company?