Is Xiaohangjia Brokers Scam or Legit Broker?

According to our research, it is not safe to trade with Xiaohangjia Brokers. Xiaohangjia Brokers is owned by Xiaohangjia Futures Limited which is an offshore company registered in Vanuatu and claims to be registered with a Vanuatu Financial Services Commission (VFSC) license.

About Xiaohangjia Brokers
🗺️ Registered inVanuatu
🗺️ Type of LicenseOffshore License
🛡️ Is Xiaohangjia Brokers safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Xiaohangjia Brokers?

Xiaohangjia Brokers is owned by Xiaohangjia Futures Limited. It is an offshore forex broker registered in Vanuatu with Vanuatu Financial Services Commission. The advantages of this license are speed and low cost. 2% of Forex companies start without licenses and operate in places such as Vanuatu or the Caribbean island of Nevis.

  • In fact, Vanuatu is the easiest jurisdiction to open a brokerage, as the opening requires the company to submit a register online, prove initial establish capital which is $2,000 only, pay a fee, and within 2-3 months, the firm is crisp and registered. Therefore, it became an offshore zone for shady forex brokers (Top 100 Forex Brokers List) such as Circle Markets, Wigmarkets, and more.
  • Comparing the license from Hong Kong’s SFC (The Securities and Futures Commission), it is a Type 3 license for forex brokers and the fee will be around $130,000. Also, it requires a minimum liquid Capital of $3.000,000.

Xiaohangjia Brokers Review Conclusion

We advise choosing only reliable companies to invest with and avoiding Xiaohangjia Brokers or any other offshore broker. Traders should better trade with well-regulated brokers for money safety such as UK brokers or brokers in Australia and reliable brokers such as Pepperstone and BDSwiss.

Xiaohangjia Brokers Update

Based on our findings, Xiaohangjia Brokers website is inactive. This means the broker has muted its trading offering and does not operate, however, we recommend staying alert in case of any proposals. 

No news available.

Leave a Reply

Your email address will not be published. Required fields are marked *