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XINHUIBAO Forex broker specializes in providing foreign exchange trading services, the company's official website https://passport.91p..., the company's legitimate regulatory information Hong KongHKGXType AA License to enhance the security of the company's address Unit 1512-1515, The Metropolis Tower, 10 Metropolis Drive, Hunghom Kowloon HK

XINHUIBAO Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Xinhuibao Precious Metals Limited
Abbreviation
XINHUIBAO
Company employee
--
Customer Service Email Address
info@91pme.hk
Contact Number
+85238920688
Company Website
Company address
Unit 1512-1515, The Metropolis Tower, 10 Metropolis Drive, Hunghom Kowloon HK
QQ
4006251106
Keywords
5-10 years
Regulated in Hong Kong
Type AA License
MT4 Full License
Regional Brokers
High potential risk

Company profile

XINHUIBAOReview SummaryFounded2014Registered Country/RegionHong KongRegulationHKGXMarket InstrumentsGold, silverDemo Account/Leverage/Spread$0.04 (Silver); $0.50 (Gold)Trading PlatformMT4, XINHUIBAO APPMinimum Deposit$120Customer SupportPhone:(852)3982-0688Email: info@91pme.hkSocial Media: WechatPhysical Address: Room 1512-1515, 15 / F, Metropolis Building, 10 Metropolis Road, Hung Hom, Kowloon, Hong KongRegional RestrictionsUS, Canada, Egypt, Iran, North KoreaXINHUIBAO Information Xinhuibao was registered and established in Hong Kong in 2014. It mainly engages in financial businesses such as precious metal investment and offers three types of accounts, which can be traded on the MT4 platform and mobile trading APP. It is currently regulated by HKGX.Pros and ConsPros Cons Be regulatedRegional restrictionsZero commissionLimited trading productsMT4 supportedThree account types offeredIs XINHUIBAO Legit?Regulated AuthorityRegulatory StatusRegulated Country/RegionRegulated EntityLicense TypeLicense NumberHong Kong Gold Exchange (HKGX)RegulatedHong Kong鑫匯寶貴金屬有限公司Type AA License106What Can I Trade on XINHUIBAO? XINHUIBAO supports traders to mainly trade precious metals such as gold and silver.Tradable Instruments Supported Gold✔Silver✔Forex❌Indices❌Stocks❌Bonds❌ETFs❌Account Types XINHUIBAO has three types of accounts : Mini Account, Standard Account and Premium Account. The minimum deposit range is from $120 to $2,000, with a relatively large span.Account TypeMini AccountStandard AccountPremium AccountMinimum Deposit$120$2,000$20,000Gold Spread$0.50 (Cashback 0.14 USD per lot)$0.50 (Cashback 0.18 USD per lot)$0.50 (Cashback 0.22 USD per lot)Gold Rebate per Lot$14$18$22Silver Spread$0.04 (Cashback 0.0052 USD per lot)$0.04 (Cashback 0.0076 USD per lot)$0.04 (Cashback 0.01 USD per lot)Silver Rebate per Lot$26$38$50Overnight Interest (Buy/Sell)-1.25% / -0.75%-1.25% / -0.75%-1.25% / -0.75%XINHUIBAO Fees The buying and selling spread of London gold is $0.50. The bid-ask spread of London silver is $0.04. XINHUIBAO claims that the transaction service fee is waived. In addition, XINHUIBAO claims to support zero commission.Trading Platform XINHUIBAO supports trading using theXINHUIBAO APP andMT4 trading systems.Trading PlatformSupported Available Devices Suitable for XINHUIBAO APP✔Mobile/MT4✔PC, Web, MobileBeginnersMT5❌/Experienced tradersDeposit and Withdrawal Both deposit and withdrawal need to be made by logging into the account. The following situations will be charged a certain fee:If the single withdrawal is less than 100 US dollars, 50 US dollars will be charged.50% of the deposit amount was not used for position opening and trading, and 6% of the withdrawal amount was collected.If a deposit is replenished due to a balance of less than 100 US dollars, no transaction is required and 6% of the replenished deposit amount will be charged.

Rating Index

How to login to XINHUIBAO?
xinhuibao Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a xinhuibao Account Registering for a xinhuibao account is the first step to accessing their services. Follow these detailed steps to successfully complete the

  

Xinhuibao Forex Broker - Complete Information Guide

  

1. Broker Overview

  Xinhuibao, officially known as Xinhuibao Precious Metals Limited, was established in 2018. The company is headquartered in Hong Kong, specifically at Room 3801-5, 36F, 38F, No. 100, Yutong Road, Jing'an District, Shanghai. As a private entity, Xinhuibao operates primarily in the precious metals trading market, catering to both retail and institutional clients.

  Since its inception, Xinhuibao has focused on providing a comprehensive trading platform for precious metals, leveraging its technological capabilities to enhance user experience. With a commitment to customer service and a strong emphasis on security, the company has achieved significant milestones in its development, including the introduction of its proprietary trading platform, Xinhu Bao.

  The broker primarily targets clients in the Asian markets, with a growing presence in Europe and North America. By offering a user-friendly interface and a range of trading tools, Xinhuibao aims to attract both novice and experienced traders. The business model revolves around retail forex trading, facilitating access to various financial instruments, including futures and precious metals.

  This is the first mention of the xinhuibao broker, which has quickly established itself as a reliable player in the financial services industry.

  

2. Regulatory and Compliance Information

  Xinhuibao is regulated by the China Financial Futures Exchange (CFFEX), operating under the license number 0152. The regulatory framework ensures that the broker adheres to strict compliance measures designed to protect investors and maintain market integrity. The license is valid for an indefinite period, allowing the broker to operate within the parameters set by the CFFEX.

  The legal entity associated with Xinhuibao is 新湖期货股份有限公司, which translates to Xinhu Futures Co., Ltd. The broker implements a robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policy, ensuring that all clients undergo proper verification before trading. This process is crucial in maintaining compliance with international standards and safeguarding client funds.

  Client funds are kept in segregated accounts, separate from the broker's operational funds, providing an additional layer of security. While there is no specific mention of participation in an investor compensation fund, the regulatory oversight by CFFEX ensures that client interests are prioritized.

  This is the second mention of the xinhuibao broker, highlighting its commitment to regulatory compliance and investor protection.

  

3. Trading Products and Services

  Xinhuibao offers a diverse range of trading products, primarily focusing on forex and precious metals. The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs, catering to the diverse needs of its clients.

  In addition to forex trading, Xinhuibao also facilitates Contracts for Difference (CFDs) on various asset classes, including indices, commodities, and stocks. However, it does not currently support cryptocurrencies. The broker frequently updates its product offerings, ensuring that clients have access to the latest market trends and opportunities.

  For retail traders, Xinhuibao provides comprehensive trading services, including educational resources and market analysis. The broker also caters to institutional clients by offering customized trading solutions and white-label services, allowing businesses to leverage Xinhuibao's technology and market expertise.

  This is the third mention of the xinhuibao broker, emphasizing its extensive range of trading products and services designed to meet the needs of various client segments.

  

4. Trading Platforms and Technology

  Xinhuibao utilizes a proprietary trading platform known as Xin Hu Bao, which is designed to provide a seamless trading experience. The platform supports MetaTrader 4 (MT4), a widely recognized trading software known for its advanced charting tools and user-friendly interface.

  In addition to the desktop version, Xinhuibao offers a mobile application compatible with both iOS and Android devices, allowing traders to access their accounts and execute trades on the go. The broker's trading infrastructure is supported by high-performance servers located in China, ensuring fast execution speeds and minimal latency.

  The execution model employed by Xinhuibao is primarily Market Making, which allows the broker to provide liquidity to its clients. Furthermore, the platform supports API access for automated trading, enabling clients to implement algorithmic trading strategies effectively.

  This is the fourth mention of the xinhuibao broker, showcasing its commitment to providing advanced trading technology and platforms to enhance the trading experience.

  

5. Account Types and Trading Conditions

  Xinhuibao offers several types of trading accounts to cater to different trader profiles. The standard account requires a minimum deposit of $200, with competitive spreads starting from 1.0 pips and no commission on trades.

  For more experienced traders, there are advanced account types, including VIP and professional accounts, which offer lower spreads and additional features. The broker also provides Islamic accounts, ensuring compliance with Sharia law for Muslim traders.

  A demo account is available for clients to practice trading strategies without risking real capital. The leverage offered by Xinhuibao varies depending on the asset class, typically ranging from 1:50 to 1:500. The minimum trade size is 0.01 lots, allowing for flexible trading strategies.

  Overnight fees are applicable, and the broker provides clear information regarding the costs associated with holding positions overnight, ensuring transparency in trading conditions.

  This is the fifth mention of the xinhuibao broker, detailing its various account types and favorable trading conditions for clients.

  

6. Fund Management

  Xinhuibao supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with standard accounts starting at $200.

  Deposits are processed quickly, typically within 24 hours, ensuring that clients can start trading without unnecessary delays. However, it's important to note that some deposit methods may incur fees, which are clearly outlined in the broker's terms and conditions.

  Withdrawals can be made using the same methods as deposits, with processing times generally taking 1-3 business days. Xinhuibao maintains a transparent fee structure for withdrawals, ensuring clients are aware of any applicable charges before initiating a withdrawal request.

  This is the sixth mention of the xinhuibao broker, highlighting its efficient fund management processes and commitment to transparency.

  

7. Customer Support and Educational Resources

  Xinhuibao provides multiple channels for customer support, including telephone, email, and online chat. The customer service team is available to assist clients during business hours in Chinese and English, ensuring effective communication.

  The broker offers a range of educational resources, including webinars, tutorials, and e-books to help traders enhance their knowledge and skills. Additionally, market analysis services are available, providing clients with daily insights, news, and research reports to support their trading decisions.

  Various trading tools, such as calculators and economic calendars, are also offered to assist traders in managing their portfolios effectively.

  This is the seventh mention of the xinhuibao broker, emphasizing its dedication to providing comprehensive customer support and educational resources to its clients.

  

8. Regional Coverage and Restrictions

  Xinhuibao primarily serves clients in Hong Kong, China, and selected international markets. The broker has established regional offices to facilitate local support and services, ensuring a tailored approach to client needs.

  However, there are specific countries and regions from which Xinhuibao does not accept clients, including those subject to international sanctions or restrictions. The broker is committed to complying with all relevant regulations and legal requirements in each jurisdiction it operates.

  This is the eighth mention of the xinhuibao broker, outlining its regional coverage and the importance of compliance with international regulations.

  In conclusion, Xinhuibao stands out as a reputable forex broker, offering a wide range of trading products, robust regulatory compliance, and a commitment to customer service. Its innovative trading platform and educational resources further enhance the trading experience for both retail and institutional clients.

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Latest Reviews

FX1074312352

FX1074312352

Hong Kong

I've deposited seven times on this platform, each time $500. Every time I deposit, I experience a loss. I suspect the platform is manipulating trades.

Exposure

05-09

FX2361236177

FX2361236177

Hong Kong

There are various reasons for users to continue depositing money, but they cannot withdraw money without depositing. Of course, it’s the same trick after depositing.

Exposure

2023-09-11

七情六欲

七情六欲

Hong Kong

They have not allowed withdrawals for two years, and they have not given back the principal, nor allowed account operations. The platform also operates accounts at will. This is the first time I have seen such a fraudulent platform.

Exposure

2023-08-31

XINHUIBAO Forex Broker has an overall rating of 6.69, Regulatory Index 7.15, License Index 7.15, Business Index 7.71, Software Index 9.36 Risk Control Index 0.00.