• Company name: Xinghui International Development Co., Ltd.
  • Registration/license: None
  • Registration/license requirement: –

Is Xinghui International a regulated forex broker or a scam?

no, Xinghui International broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

Xinghui International offers Forex and CFD trading. The company is located in Hong Kong and operated by Xinghui International Development Co., Ltd. Despite its Hong Kong location, the company was blacklisted by the Securities and Futures Commission of Hong Kong (SFC).

Also they claim to be regulated by the National Futures Association in US, but there are no records about it on the regulator’s website. We recommend you to trade only with the regulated brokers.

The most reliable regulators are FCA in the UK, ASIC in Australia and FMA in New Zealand. For example, the license from UK’s Financial Conduct Authority requires EUR 125,000 of capital (aside from client deposits) for the STP license.

The regulator also protects customers when authorized financial services firms fail. Here you may check our list of brokers licensed by the FCA.

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