Xinhui Global, established in 2018, is a forex broker based in the United States. The company operates primarily in the retail forex market, catering to individual traders and investors seeking access to foreign exchange and other financial instruments. Xinhui Global is known for its use of the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and extensive features.
The broker is a privately held company that has developed a reputation in the industry, despite its relatively short history. Since its inception, Xinhui Global has focused on providing a secure trading environment and a variety of trading options to its clients. The companys main service area is the United States, where it aims to attract both new and experienced traders.
Xinhui Global's business model is primarily retail-focused, providing clients with access to forex trading and potentially other financial products. The companys development has been marked by a commitment to enhancing its trading platform and customer service, ensuring that it meets the evolving needs of its clients.
Xinhui Global operates under the regulatory oversight of the Australian Securities and Investments Commission (ASIC). The broker is associated with Halifax Investment Services Pty Ltd, which holds the license number 225973. However, it is important to note that Xinhui Global has been identified as a clone firm, which raises concerns regarding its regulatory compliance and legitimacy.
The regulatory license is essential for establishing trust among clients, as it ensures that the broker adheres to specific legal and operational standards. The company claims to maintain a policy of customer fund segregation, which is a critical aspect of protecting client investments. This means that client funds are kept separate from the broker's operational funds, providing an additional layer of security.
Additionally, Xinhui Global implements Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to verify the identity of its clients and prevent fraudulent activities. This includes collecting identification documents and monitoring transactions for suspicious activities.
Xinhui Global offers a range of trading products, primarily focusing on forex currency pairs. The broker provides access to numerous major and minor currency pairs, allowing traders to engage in various trading strategies. The exact number of forex pairs available may vary, but the broker aims to cover a comprehensive selection to meet diverse trading needs.
In addition to forex, Xinhui Global may offer Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies. This diversification allows traders to explore different markets and enhance their trading portfolios.
The broker is committed to regularly updating its product offerings, ensuring that clients have access to the latest financial instruments. The retail trading services provided by Xinhui Global are designed to cater to individual traders, while institutional services may also be available to larger clients, depending on demand.
Xinhui Global exclusively utilizes the MetaTrader 4 (MT4) trading platform, which is compatible with PC. The MT4 platform is known for its high level of customization, multi-language support, and the ability to generate clear expense reports. However, it lacks certain advanced security features such as two-step login and biometric authentication, which may concern some traders regarding account safety.
The broker does not have its own proprietary trading platform and relies solely on MT4, which is widely used in the forex trading community. Xinhui Global also provides a mobile trading application based on MT4, available for both iOS and Android devices. This mobile platform is user-friendly and designed to facilitate trading on the go.
The company's server infrastructure includes two servers located in Singapore, which helps ensure stable and fast trade execution. However, traders should be aware that the MT4 platform, while robust, may have limitations in terms of modern features compared to newer platforms.
Xinhui Global offers various account types to accommodate different trading preferences and capital levels. The standard account typically has a minimum deposit requirement, competitive spreads, and commission structures that vary based on the trading volume.
For more experienced traders, advanced account types may be available, including VIP or professional accounts, which often come with enhanced trading conditions and lower fees. The broker may also provide special accounts, such as Islamic accounts, catering to traders who require compliance with Sharia law.
A demo account is also offered, allowing potential clients to test the trading platform and strategies without risking real capital. Leverage ratios can vary depending on the product being traded, and minimum trade sizes are generally aligned with industry standards.
Xinhui Globals overnight fees and other trading costs are disclosed transparently, helping traders to understand the potential expenses involved in their trading activities.
Xinhui Global supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement typically depends on the account type chosen by the trader, with options available for both low and high capital investors.
Deposits are processed promptly, with specific time frames communicated to clients upon initiating transactions. The broker aims to maintain a fee-free deposit policy, although some methods may incur charges based on the provider.
Withdrawal options are also diverse, allowing clients to choose their preferred method for accessing their funds. However, withdrawal processing times can vary, and some limitations may apply based on the account type. The broker strives to keep withdrawal fees transparent and reasonable, ensuring that clients are informed about any potential costs.
Xinhui Global provides customer support through multiple channels, including phone, email, and online chat. The support team is primarily available in English, catering to the main service market in the United States. However, clients may experience longer waiting times during peak hours.
The broker offers a range of educational resources to assist traders in improving their skills and market knowledge. These resources may include webinars, tutorials, and e-books, designed to help both novice and experienced traders navigate the complexities of the forex market.
Additionally, Xinhui Global may provide market analysis services, offering daily insights, news updates, and research reports to keep clients informed about market trends and potential trading opportunities. Various trading tools, such as calculators and economic calendars, are also available to enhance the trading experience.
Xinhui Global primarily serves clients in the United States, focusing on the domestic market. The broker may have regional offices to support its operations, but specific details about their locations are not publicly disclosed.
However, it is important to note that Xinhui Global does not accept clients from certain countries or regions due to regulatory restrictions. Traders should verify their eligibility before opening an account to ensure compliance with local laws.
In summary, Xinhui Global aims to provide a comprehensive trading experience for forex traders, emphasizing security, product diversity, and customer support. While the broker has made strides since its inception, potential clients should conduct thorough research and consider the associated risks before engaging with the platform.
The information presented here reflects the current offerings and operational status of Xinhui Global as of the latest available data.
Raphaël Durand
Hong Kong
I haven't received my money for half a month. Such a scam platform! Be careful, everyone!
Exposure
2019-08-31
Raphaël Durand
Hong Kong
This is a scam platform. At first, they allow me to withdraw money when I tested the account. But after I gained profits, the money is unable to withdraw. The online customer service personnel said the money would arrive within 24 hours. But it was more than 24 hours and they still told me they were tackling the problem. No one answer the online call and the personnel are out of touch.
Exposure
2019-08-15
专治
Hong Kong
Take heed on it. All the customer service and information are fake. After I made profits, it canceled my account. Now the nearly 10 thousand is unavailable. Give back my hard-earned money, fraud.
Exposure
2020-05-13