Since HedgeStone Assetss official website (https://www.hedgestoneassets.com/) no longer works, we had to resort to scraping together information from other sources to get a feel for the company's forex broker operations.
General Information
Registered in Saint Vincent and the Grenadines, HedgeStone Assets is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, stocks, as well as digital pairs.
Account Types
Although HedgeStone Assets offers five tiered trading accounts to accommodate its clients varying trading needs, the minimum deposit required by each account is insanely high.
The most basic account, the Standard account, requires a high deposit of $5,000, which absurdly high. Those legit forex brokers usually ask for an initial deposit of less than $200 for this types of account. Traders who want to try the Institutional account need to fund $1,000,000.
This tricky tactic exactly shows that this broker is a scammer, and what it wants to do is extracting clients all available funds from the very first.
Leverage
Trading leverage varies depending on trading accounts. HedgeStone Assetsp permits traders to use leverage of up to 1:500, which is significantly higher than the levels regarded appropriate by many regulators.
As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.
Trading Platform
Please note what HedgeStone Assets offers is not the MT4 or MT5 trading platform.
Customer Support
Clients can only reach out to HedgeStone Assets about any questions or concerns they may have about their accounts or their trading through the following methods:
Email: support@hedgestoneassets.com
Registered Company Address: ICC tower, 1 Austin Road West; West Kowloon; Tsim Sha Tsui, Hong Kong.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
