Score
XBY
United Kingdom|5-10 years| http://www.xinboyifx.com/?_l=en
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed XBY also viewed..
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Website
xinboyifx.com
Server Location
Hong Kong
Website Domain Name
xinboyifx.com
Server IP
210.209.123.144
Company Summary
General Information & Regulation
XINBOYI LIMITED is a forex broker registered in UK, only targeting the Chinese Market. XINBOYI LIMITED is an unregulated broker, which brings a significant risk of loss.
Markets Instruments
XINBOYI LIMITED advertises that it has an extensive lists of trading instruments: forex pairs and CFDs on indices, precious metals and indices, shares, Commodities.
Minimum Deposit
XINBOYI LIMITED advertises that it enables traders to deposit as low as $100 to start real trading. Although the amount seems reasonable compared to many other brokers requirements, traders are still not advised to trade with this unregulated broker.
Leverage
XINBOYI LIMITED offers the leverage up to 1:500 for forex trading, which is quite generous. Since leverage can amplify returns as well as potential risks, trading with an unregulated broker using such high trading leverage is not a good option.
Spreads & Commissions
XINBOYI LIMITED says that it offers ultra-low spread, starting from 0 pips on some major currency pairs, but it does not specify detailed spreads on particular instruments.
Trading Platform Available
Like a significant portion of the forex brokers across the world, XINBOYI LIMITED uses the popular MetaTrader 4 (MT4) platform. More than 10 years since its launch the platform is still enjoying great popularity, thanks to its ease of use, versatility and extensive functionality. XINBOYI LIMITED offers the MT4 platform in all its versions – as a trading terminal for PCs, a web version and the mobile application for smartphones and tablets.
Deposit& Withdrawal
XINBOYI LIMITED offers the usual deposit options like bank transfer, credit and debit cards and the Skrill, Neteller and China UnionPay online payment systems.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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