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Xianglin Forex Broker provides real users with 2 positive reviews, * neutral reviews and 5 exposure review!

Xianglin Broker Review

1.26

WikiFX monitor

Business

Influence E

License

No license

Xianglin Review 7

Latest All(7) Positive(2) Exposure(5)
Positive

All are experience are excellent like trade deposited easy withdrawal easy.

Makerup
2024-08-27
Positive
Excellent Service Experience; Withdrawal Test Pending for Full Rating

The whole service (welcoming / introduction / registration / answer speed to questions / website interface, especially FAQ segment) is totally satisfying for now and i hope it's goes like this. Only reason I'm not giving 5 stars is because I haven't made a profit withdrawal yet, but everything is fine.

FX1700181474
2024-07-04
Exposure
The site is not working and of course you cannot connect to the withdrawal account screen. It is clearly an exchange belonging to a fraudulent group.

I was introduced to this exchange via LINE from Instagram and transferred a large amount of money, but I was unable to withdraw the money and reported it here. Exchanges that were available until recently can no longer be opened, and withdrawal accounts no longer even exist. It is clearly an exchange connected to a fraudulent group.

chasona
2024-05-02
Exposure
Xianglin could not withdraw money

We would like to send you an important warning. I recently came across a scam pretending to be a Forex transaction. From this experience, I would like to warn others not to make the same mistake. ■Details of damage Impossibility of withdrawals: It became impossible to withdraw funds from FX transactions conducted through the platform "Xianglin." Even if you can see the profit, you can't get it. ■ Loss of contact with the person in charge: We have completely lost contact with the person in charge of the platform, including Mr. Shinji Takamura. All means of communication with me have been cut off, and I am exposed to the opacity of one-sided information. ■Suspicious LINE group: We also feel that the LINE group consisting of Hirofumi Matasugano, Takahiko Tosaka, and Minami Sugiyama is very suspicious. This group may be used to induce or manipulate information in fraudulent activities. ■Doubts about crude oil projects: We also judge that the crude oil projects proposed through Xianglin lack credibility. Although these types of projects claim high returns, they are often a mechanism to trap investors. ■Call out This notice is to prevent innocent investors like me from falling victim to fraud. If any of these names or projects sound familiar to you, please pay close attention. Please spread this message to help protect your safety and property. Please make your investments with caution and after checking the information carefully.

Rodeo
2024-04-11
Exposure
I couldn't withdraw money from Xianglin

We would like to send you an important warning. I recently came across a scam pretending to be a Forex transaction. From this experience, I would like to warn others not to make the same mistake. ■Details of damage Impossibility of withdrawals: It became impossible to withdraw funds from FX transactions conducted through the platform "Xianglin." Even if you can see the profit, you can't actually get it. ■ Loss of contact with the person in charge: We have completely lost contact with the person in charge of the platform, including Mr. Shinji Takamura. All means of communication from me have been cut off, and I am exposed to the opacity of one-sided information. ■Suspicious LINE group: We also feel that the LINE group consisting of Hirofumi Matasugano, Takahiko Tosaka, and Minami Sugiyama is very suspicious. This group may be used to induce or manipulate information in fraudulent activities. ■Doubts about crude oil projects: We also judge that the crude oil projects proposed through Xianglin lack credibility. Although these types of projects claim high returns, they are often a mechanism to trap investors. ■Call out This notice is to prevent innocent investors like me from falling victim to fraud. If any of these names or projects sound familiar to you, please pay close attention. Please spread this message to help protect your safety and property. Please make your investments with caution and after checking the information carefully.

Rodeo
2024-04-08
Exposure
Scam site where you can't withdraw money

I was invited by Instagram to a LINE group and instructed to do his Forex trading on xianglin. I had a total of 6,600💲 in assets, and when I tried to make a withdrawal, my account was frozen. I was told that my account could not be unfrozen unless I deposited an additional 5% of the withdrawal amount. I want to withdraw it as soon as possible. https://m.xianglinltd.com/#/

ちゃ
2024-03-08
Exposure
I realized in the warning that I was using a company that I read as a fraudulent company from two years ago, so I stopped allowing them to withdraw money halfway through.

He moved from Instagram to an assistant, then to a group, then from stock trading to FX trading, and now to crude oil for futures trading, and at first, he was able to withdraw money, but due to trading reasons, he couldn't withdraw anymore. Crude oil trading will end on March 12th, and there is a high possibility that contact will be lost after that.

chasona
2024-03-08

  

Xianglin 2025 Review: Everything You Need to Know

  Summary: The overall evaluation of Xianglin is notably negative, with multiple sources labeling it as a high-risk or potentially fraudulent broker. Key concerns include its unregulated status, user complaints regarding withdrawal difficulties, and a lack of transparency in its operations.

  Note: Different entities operating under the same name in various regions can create confusion. It is crucial to conduct thorough research to ensure a fair and accurate assessment of any broker.

  

Rating Breakdown

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup/Experience 3
Trustworthiness 1
User Experience 2
(Optional) Regulatory Compliance 1

  How We Rate Brokers: Our ratings are based on user reviews, expert opinions, and factual data regarding services and conditions offered by the broker.

  

Broker Overview

  Founded in 2023, Xianglin is an international forex broker based in the United States. It offers a range of trading instruments, including forex, stocks, cryptocurrencies, global indices, and commodities. However, it operates without any regulatory oversight, which raises significant concerns regarding its trustworthiness. The platform primarily utilizes a web-based trading interface, lacking popular platforms like MT4 or MT5.

  

Detailed Analysis

  Regulatory Regions: Xianglin is unregulated, which is a major red flag for potential investors. According to multiple sources, including WikiFX and WikiBit, it does not hold any valid licenses from recognized regulatory authorities, resulting in a trust score of 1.22 out of 10, indicating a high risk of fraud.

  Deposit/Withdrawal Currencies: Information regarding the specific currencies accepted for deposits and withdrawals is not clearly specified, which can be a concern for users looking for transparency.

  Minimum Deposit: The broker does not specify a minimum deposit requirement, which can be appealing for some traders but also raises concerns about the lack of clear guidelines.

  Bonuses/Promotions: There are no notable bonuses or promotional offers mentioned, which is often a tactic used by unscrupulous brokers to attract clients.

  Tradable Asset Classes: Xianglin offers a diverse range of trading assets, including forex, stocks, cryptocurrencies, global indices, and commodities. However, the absence of a robust trading platform diminishes the trading experience.

  Costs (Spreads, Fees, Commissions): The broker claims not to impose commissions on transactions, maintaining spreads at levels that are not excessive. However, user complaints indicate hidden fees and difficulties in withdrawing funds, suggesting a lack of transparency.

  Leverage: Xianglin offers a maximum leverage of 1:100, which is relatively standard. However, the lack of regulatory oversight makes high leverage a riskier proposition.

  Allowed Trading Platforms: The only trading platform available is a web-based interface, which lacks the features and reliability of established platforms like MT4 or MT5.

  Restricted Regions: There is no clear information regarding restricted regions, but the lack of regulation may indicate that the broker is not authorized to operate in many jurisdictions.

  Available Customer Support Languages: Customer support is limited to email communication, with no options for phone or live chat support. This raises concerns about the broker's commitment to customer service.

  

Rating Recap

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup/Experience 3
Trustworthiness 1
User Experience 2
(Optional) Regulatory Compliance 1

  

Detailed Breakdown

  •   Account Conditions: The absence of a minimum deposit requirement may attract some traders, but the lack of regulatory oversight severely undermines the account's security and conditions.

  •   Tools and Resources: While the broker offers an economic calendar and basic educational resources, the lack of a robust trading platform and advanced analytical tools limits traders' capabilities.

  •   Customer Service and Support: The limited customer service options and the absence of live support channels indicate a lack of commitment to customer care, which is critical for resolving issues.

  •   Trading Setup/Experience: The web-based trading platform lacks the sophistication of popular platforms like MT4 or MT5, which can significantly affect the trading experience.

  •   Trustworthiness: Multiple user complaints about withdrawal issues and the broker's unregulated status contribute to a very low trust score, making it a high-risk choice.

  •   User Experience: Negative user experiences regarding withdrawal difficulties and unresponsive customer service further tarnish the broker's reputation.

  •   In conclusion, potential traders should exercise extreme caution when considering Xianglin as their forex broker. The lack of regulation, coupled with numerous user complaints about withdrawal issues and poor customer service, presents significant risks. Always perform thorough due diligence before investing with any broker.