Search

XINSHENG Forex Broker keeps up-to-date with the latest trading account information, including Standard account, Premium account, Mini account maximum leverage of --, trading varieties, and more

Rating Index

Pros

Well-regulated by Chinese authorities, providing a level of trust and oversight.
Offers a variety of trading instruments, including forex, CFDs, commodities, and indices.
Established broker with nearly 30 years of experience in the industry.

Cons

Does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, which may limit user experience.
Reports of poor customer service and difficulties in fund withdrawals, raising concerns about reliability.
No insurance for clients, which could pose a risk in case of broker insolvency or other issues.

XINSHENG broker Accounts

Standard account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
1,000USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

Premium account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
10,000USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

Mini account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
200USD
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

Xinsheng Account Type

Xinsheng offers three types of trading accounts to cater to varying trader preferences and investment strategies:

  • Mini Account
    • Minimum Deposit: $200
    • Maximum Leverage: Not specified
    • Minimum Position: 0.01 lots
    • Commission: Not specified
    • Standard Account
      • Minimum Deposit: $1,000
      • Maximum Leverage: Not specified
      • Minimum Position: 0.01 lots
      • Commission: Not specified
      • Premium Account
        • Minimum Deposit: $10,000
        • Maximum Leverage: Not specified
        • Minimum Position: 0.01 lots
        • Commission: Not specified

        Each account type is designed to accommodate different trading needs, from beginners to more experienced traders.

        Xinsheng Broker Account Opening Process

        To open an account with Xinsheng, follow these steps:

        • Visit the Official Website: Access the Xinsheng website to find the account registration interface.
        • Choose Account Type: Select the appropriate account type (Mini, Standard, or Premium) based on your trading preferences and financial capacity.
        • Complete the Application Form: Fill out the required fields in the account opening form, providing personal details and contact information.
        • Submit Required Documents:
          • For individual accounts: Identity card/passport, proof of residential address (e.g., utility bill or bank statement within the last 3 months).
          • For corporate accounts: Certified copies of incorporation documents, board resolutions, and proof of address.
          • Verification: After submitting the application, complete the verification process, which may involve submitting identification documents.
          • Fund Your Account: Once your account is verified, you will be required to make the minimum deposit to activate your trading account.
          • By following these steps, you can successfully open an account with Xinsheng and begin your trading journey.

XINSHENG accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 1,000USD by (2+) --.
XINSHENG Account