Score
Influence
C
Score
License Index7.19
Business Index7.03
Risk Management Index0.00
Software Index7.02
Regulatory Index7.16
Influence
C
Single Core
1G
40G
Chinese (Simplified)
+852 38920688
Traditional Chinese（HK)
+852 38920666
More
Company Name
鑫汇宝贵金属有限公司
Company Abbreviation
XINHUIBAO
Platform registered country and region
Hong Kong
Company website
Pyramid scheme complaint
Expose
Capital
$(USD)
Severe slippage. Stay away from it.
Though I set the stop-loss, the platform stopped at the lowest point, a severe slippage existing.
All information is provided as requested by their platform. Just don't let it withdraw. This is an organized and premeditated fraud platform. Please stay away from scam platforms.
XINHUIBAO platform used their own softwares,in which funds couldn't be taken back,and operated until forced liquidation.CGSE are their associates.Any staff of CGSES is not allowed to enter.The fund has been flowed into XINHUIBAO and complaints are unavailable and there is no way to complain.
and occasionally and cannot close the position
Unable to withdraw. Do not trade on it. The scam company rejected withdrawals. Do not trade on it.
XINHUIBAO fraud platform induced clients to deposit fund for trading.The customer service is very enthusiastic. When you find being fooled, the customer service ignores clients and even blocks their WeChat. I can't log in to my account now.
One can see from the pic that XINHUIBAO gave no reply to my compliant. XINHUIBAO self-proclaimed to be regulated by CGSE and the fund will be managed by third party. Actually, it earns membership fee by inveigling clients to deposit fund. And hope know the truth about CGSE. XINHUIBAO is facade company, in which clients’ fund is transferred into private accounts. How could the fund regulated by the governmental organization transferred into facade company? It is simply a dealing-desk platform. I must have it on exposure.
The minimum withdrawal totaled $500. It was a scammer. Do not join it.
During the trading on May 21st, when the price of Loco came to $1817.8/ounce, XINHUIBAO manipulated on it to rip clients off.
The slippage is up to 20 pips! I feel upset about the customer service's attitude when they handled my issues as ab old customer of this platform. I exposed them here and hope u can acoid being heated! You should think twice if u wanna invest here!
CGSE is just a industrial association rather than a regulator. With the name of CGSE, XINHUIBAO scams everywhere. And the members of CGSE are all represents of all companies, who cannot ensure the justice and transparency. The max limitation on leverage is 20 times stipulated by CGSE, while which is 100 times in XINHUIBAO , which will easily lead to forced liquidation. There is also severe slippage with it. What’s more, XINHUIBAO claimed that all fund will flow into the third-party trusteeship, actually, it has been transferred into private account for money-laundering. The fund security cannot be ensured. Hope investors in XINHUIBAO avoid being cheated!
There are some problems. Can't close positions! The platform doesn't allow me to close positions!
There is a severe slippage with the platform. All my fund has been transferred into private accounts which are froze by the police. The teacher is irresponsible.
XINHUIBAO used virtual trading to make clients suffer losses, during that, the fund was flowed into private accounts instead of market. Clients’ funds are doomed. When they argued with the platform, it shirked the responsibility and then deleted their trading accounts.
In July, 2017, seeing the advertisement of XINHUIBAO , I filled my information online. Then a customer service Xiao Cui(WeChat;A63****36; Number: +852 **** 0688) introduced the company. I was tempted and deposited $2000. Without any basic knowledge, I followed the guidance of the customer service. Having profited 10 thousand dollars, I began to make constant losses. As of October, the loss is up to 800 thousand dollars. With a friend’s help, I consulted an attorney, who told me that is a scam platform, in which fund flows into private accounts. XINHUIBAO could manipulated on the trading software. Thus, clients’ fund is doomed. XINHUIBAO used the following account as receipts: Beijing fangjie huitong technology co., LTD., guizhou xingxing chanyao trading co., LTD., well-known electronic technology, zhuhai city nong jue trading co., LTD., etc., with company and private accounts and huge amounts of unknown accounts.
