Brokers  /  Hey Forex

Hey Forex

Severe risk
🇬🇧 United Kingdom · 5-10 years · since 2020-09-04 · HeyForex LLC
Unregulated
Visit site ↗
3.3/5
★★★★★ ★★★★★
2 reviews ›
0
Licenses ›
1
Withdrawal issues ›
$25
Min. deposit ›
1:500
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Var · $250Mini · $25Standard · $50Pro · $500
▲ 50% positive▼ 50% negative
Independent ratingshow third parties score this broker
WikiFX1.54/10
Trustpilot3.3/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~50% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration108%
Transparency (site/info/social)2210%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameHeyForex LLC
Headquarters🇬🇧 United Kingdom
Founded2020-09-04
Years operating5-10 years
Employees0
Official websiteheyforex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsFXIndicesCommoditiesMetalsStocksCryptos

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Var1:500$250From 1.2$0.00 Per Lot✓
Mini1:500$25From 1.0$1.00 Per Lot✓
Standard1:500$50From 0.8$5.00 Per Lot✓
Pro1:500$500From 0.4 $7.00 Per Lot✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.53)

Across 2 recent Trustpilot reviews, 50% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
🇩🇪 DE1
Singapore1

Real user reviews

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About Hey Forex

Hey Forex is a forex and CFD broker based in United Kingdom, with records dating to 2020-09-04. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, Hey Forex holds a real-user score of 3.3/5 across 1 reviews. Withdrawal problems appear 1 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full Hey Forex review