XWGold Forex broker specializes in providing foreign exchange trading services, the company's official website https://xwgold19.com/, the company's legitimate regulatory information Hong KongHKGXType AA License, to enhance the security of the company's address Room 1006, 10/F., Gold & Silver Commercial Building, 12-18 Mercer Street, Sheung Wan, Hong Kong.
XWGold Forex Broker
Basic information
Hong Kong
1-2 years Regulated in Hong Kong Type AA License MT5 Full License Regional BrokersCompany profile
Xinwang Gold, a Hong Kong-based precious metals brokerage, operates under the regulation of the Chinese Gold and Silver Exchange (CGSE), holding an AA-type market trading license. Xinwang Gold focuses on precious metals trading, such as spot gold and silver via MT5.
Pros and Cons
| Pros | Cons |
| Regulated by CGSE | Unclear fee structure |
| Demo accounts available | Limited payment options |
| MT5 support | Regional restrctions |
| Various payment methods | |
| 24/7 live chat |
Is Xinwang Gold Legit?
Yes, Xinwang Gold is a Class AA regulated entity (License Number 019) under the supervision of the Hong Kong Chinese Gold & Silver Exchange Society.
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
| The Chinese Gold & Silver Exchange Society (CGSE) | Regulated | 鑫旺金業有限公司 | Type AA License | 019 |
What Can I Trade on Xinwang Gold?
Xinwang Gold focuses its expertise on trading spot gold and silver within the global precious metals market.
| Tradable Instruments | Supported |
| Precious Metals | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
How to Open an Account?
The procedure to open an account with Xinwang Gold is relatively easy. You simply need to provide your email address, enter the verification code received, and set a password before proceeding with your trading activities.
Leverage
Xinwang Gold provides a leverage of 1:100 for gold trading. While this can magnify potential profits, it equally amplifies the risk of losses. Therefore, you are advised to use high leverage with caution and careful consideration.
Trading Platform
Xinwang Gold offers the professional and advanced trading platform MT5 in various versions—Web, desktop, and mobile (Apple and Android)—allowing you to choose the one that best suits your trading needs.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, desktop and mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and withdrawal
Xinwang Gold supports funding through debit cards, credit cards, bank wire and other payment methods, though the specific types of these alternative payment methods have not been disclosed.
Rating Index
XWGold Similarly Rated Brokers
Latest Reviews
FX1684593876
Argentina
Great and fast service. They made everything easier for me to understand. Would recomend 100%
Positive
2024-05-31
Carlos González G
Spain
The quotation is kind of transparent, ok, I won't deny it. However, they really should improve their mt4 performance, frequent glicthes...
Neutral
2024-08-07