HedgeStone Assets is a fraudulent broker, beware!

Recently, an investor complained to FxGecko that HedgeStone Assets is a fraudulent broker and warned everyone to beware of the trading platform!

The following is the content of the investor's complaint against HedgeStone Assets.

Complaint about fraudulent Cyprus based company Hedgestone Assets / hsassets:

Cyprus based AT ADDRESS Email：support@hedgestoneassets.com

Address: Victory House, 205, Archbishop, Arch; Makarios III Avenue, Limassol 3030, Cyprus

1. Till last week – the website stated they were regulated – now today the page stating that is not there… and the website is down !

2. Till last week also stated an office in London – now webpage is not available.

3. The operators are guilty of market manipulation (changing the buying price from actual to a number that reflects a loss for the client but in fact benefitting the broker). I am just looking at why my account is turning bad so suddenly and noticed manipulation of the market!!!

4. The prices reflected on my open trades reflect a different price than actual – giving the broker money in his pocket

5. All trades are done via VALR crypto wallet

I AM WILLING TO SHOW TRANSFERS VIA CRYPTO WALLET ON REQUEST

I am sure not real names but if you hear Thomas Olson, Mike Ton or Jonatan Patrovski …. Run!!!!!

Complete and detailed report of transactions available from screen shots before website came down!

Broker details： https://www.fxgecko.net/en_US/platform/17286.html

FxGecko data shows that HedgeStone Assets has a rating of only 1.8 and is an unregulated trading platform with no legal forex trading or brokerage license. This means that their clients' funds are not protected and are at risk of fraud at any time.

FxGecko warns you to stay away from such unregulated trading platforms and to be wary of the companies they are associated with.

Things to do after you got scammed

✔1. Collect evidence by taking screen shots of all trades, messages and communications, money transfer addresses, their websites, etc.

✔2.Contact your bank or credit card immediately and report the scam to them and ask if they can recall the funds.

✔3.File a complaint on FxGecko APP and share details about what happened. Remember to provide...

A. Their company name/website.

B. Your country/region.

C.Your account number.

D. The amount they owe you.

E. The email response of their refusal of your withdrawal request.

F. What conditions must be met in order to make a withdrawal.

Be careful to edit out your private information and do not post your contact details publicly. 

After submitting your complaint, FxGecko will assist you in dealing with the complaint and also expose the scam to warn others not to be scammed.

When you have any problems submitting a complaint, you can contact FxGecko's customer service on Telegram. (+852 9562 7576, +86 132 5508 1716)

Reminder: Don't trust individuals or organisations who claim to be able to get your money back - they may be selling hope and scamming you again. This is especially true if they ask you to pay in advance, which is a "recovery scam".

To file a complaint on the FxGecko website. 

To file a complaint on the FxGecko App.