Reported as a scam / unregulated
Why MS Hipex is on the register
MS Hipex asserts that it is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 039/11. However, this license number is non-existent, and MS Hipex is not listed in the CySEC register, indicating that the regulatory information it provides is false. Additionally, MS Hipex claims to have an office in Switzerland. However, for brokers to legally offer financial services in Switzerland, they must obtain a banking license from the Swiss Financial Market Supervisory Authority (FINMA). Our search in the FINMA commercial register did not yield any results for this company. On its License web page, MS Hipex gives simple introductions about financial regulators, including the Financial Sector Conduct Authority (FSCA), the CySEC, the Belize Financial Services Commission (Belize FSC), and the Australian Securities and Investments Commission (ASIC), to give an impression of legitimacy. However, it is not regulated by any of these entities. In conclusion, MS Hipex is not regulated by any governing body, making it highly risky to entrust them with investors’ funds due to the lack of legal protections. Therefore, it appears that MS Hipex may be fraudulent.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.