Score

6.91 /10
Average

Xinwang Gold

Hong Kong

1-2 years

Regulated in Hong Kong

Type AA License

Suspicious Scope of Business

Medium potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index7.15

Business Index4.51

Risk Management Index8.90

Software Index6.43

License Index7.15

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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1G

40G

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Xinwang Gold · Company summary
Xinwang Gold Review Summary
Founded2023
Registered Country/RegionHong Kong
RegulationCGSE
Market InstrumentsPrecious metals (Spot gold, sliver, etc.)
Demo Account
Leverage1:100
Trading PlatformMT5
Min Deposit$100
Customer SupportLive chat:7/24
Tel: +852 3755 4533; +852 5372 3536
Email: marketing@xwgold19.com
X: https://twitter.com/xinwanggold
Facebook: https://www.facebook.com/profile.php?id=61552916766216&sk=about
Physical address: Room 1006, 10/F, Kam Ngan Commercial Building, 12-18 Ma Sha Street, Sheung Wan, Hong Kong
Regional RestrictionsUnited States, Singapore, Hong Kong, North Korea and Iran

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.

Xinwang Gold's homepage

Pros and Cons

ProsCons
Regulated by CGSEUnclear fee structure
Demo accounts availableLimited payment options
MT5 supportRegional 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 CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
Hong Kong
The Chinese Gold & Silver Exchange Society (CGSE)Regulated鑫旺金業有限公司Type AA License019
Regulated by CGSE

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 InstrumentsSupported
Precious Metals
Forex
Commodities
Indices
Stocks
Cryptocurrencies
What Can I Trade on Xinwang Gold?

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.

Fill in required info

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.

Leverage

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 PlatformSupportedAvailable DevicesSuitable for
MT5Web, desktop and mobileExperienced traders
MT4/Beginners
MT5

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.

Payment options

User Reviews

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User comment

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Comments

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Carlos González G
more than one year
The quotation is kind of transparent, ok, I won't deny it. However, they really should improve their mt4 performance, frequent glicthes...
The quotation is kind of transparent, ok, I won't deny it. However, they really should improve their mt4 performance, frequent glicthes...
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2024-08-07 11:21
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FX1684593876
more than one year
Great and fast service. They made everything easier for me to understand. Would recomend 100%
Great and fast service. They made everything easier for me to understand. Would recomend 100%
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2024-05-31 18:51
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