Halebex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I found Halebex after a family member had a good experience and the initial impression was positive. But since the beginning of the year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Tax reports included|Competitive fees|Fast deposits|Automated trading options
Cons: Wish they had more educational resources|Nothing significant
After seeing ads for Halebex online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
My card was charged twice by Halebex on the same day. I had to dispute it with my bank. Halebex then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Economic calendar|Multiple order types|Comprehensive tools|Tax reports included
Cons: Inactivity fee applies after 12 months
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Halebex recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Stable platform|Portfolio tracking tools|Fast execution
Cons: Slow to add new assets
Where do I even begin with Halebex? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Regular updates|Fast execution|Segregated accounts
Cons: Inactivity fee applies after 12 months|No dark mode on mobile
I requested my data from Halebex under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Market news feed|Easy withdrawals|Portfolio tracking tools|Intuitive for beginners
Cons: Alert system is basic
I had high hopes for Halebex from a review site like this one, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Portfolio tracking tools|Regular platform improvements|Quick verification|Economic calendar
Cons: Help articles are sometimes vague|Currency conversion fee exists
I joined Halebex through a financial advisor and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Reliable uptime|Demo account available|Regular updates
Cons: Limited demo account features|Mobile app could be improved
If you are reading this considering Halebex - run. I wish I had read more negative reviews after reading several online reviews. I thought the positive ones were real. Maybe some are. My experience over for about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Good analytical tools|Clean UI
Cons: None so far
Halebex changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Full transparency|No hidden fees
Cons: Research section could be deeper|Inactivity fee applies after 12 months