Xianglin

Overview of Xianglin

Xianglin, an international forex broker, established in 2023 and headquartered in the United States, provides a diverse range of trading instruments including forex, stocks and equities, cryptocurrency, global indices, and commodities. While regulated by the Financial Crimes Enforcement Network (FinCEN) with a Crypto-License, its regulatory status with the National Futures Association (NFA) in the United States is marked as “Unauthorized,” highlighting potential risks associated with trading on the platform.

Is Xianglin Legit？

Xianglin is regulated by the Financial Crimes Enforcement Network (FinCEN) in the United States, holding a Crypto-License with license number 31000264215996. This regulatory oversight ensures compliance with anti-money laundering and financial crime prevention regulations.

However, Xianglin's regulatory status with the National Futures Association (NFA) in the United States is marked as “Unauthorized,” highlighting potential risks associated with trading on the platform.

Pros and Cons

Xianglin offers a diverse range of tradable assets and standard spreads and commissions, providing traders with various options. The availability of multiple deposit methods adds to its convenience. Additionally, the platform offers various trading platforms, enhancing accessibility. However, its regulatory status marked as “Unauthorized” impacts its legitimacy, and the lack of a specified minimum deposit may deter potential traders.

Trading Instruments

Xianglin offers a diverse range of trading instruments including forex, stocks and equities, cryptocurrency, global indices, and commodities.

Here is a comparison table of trading instruments offered by different brokers:

How to Open an Account？

To open an account with Xianglin, follow these steps.

1. Visit the Xianglin website. Look for the “START TRADING” button on the homepage and click on it.

2. Sign up on websites registration page.

3.Receive your personal account login from an automated email.

4. Log in.

5. Proceed to deposit funds to your account.

6. Download the platform and start trading.

Leverage

Xianglin offers a leverage ratio of 1:100, allowing traders to amplify their positions while effectively managing risk.

Here is a comparison table of maximum leverage offered by different brokers:

Spreads & Commissions

Xianglin does not impose commissions on transactions and maintains spreads at levels that are not excessive. Additionally, the platform ensures a fixed settlement exchange rate, which helps in reducing investment costs and mitigating risks associated with market fluctuations.

Trading Platform

Xianglin's Tradingweb platform offers educational videos, instant feedback, simple operation with flexible ordering, risk control functions like stop-loss and take-profit, clear and intuitive price charts, easy installation with minimal system resource usage, and availability on both Android and iOS devices.

Trading Tools

Xianglin provides an Economic Calendar as a trading tool.

Customer Support

Xianglin offers customer support through email at support@xianglinltd.com. The contact methods it provides are quite limited, lacking some forms of contact such as phone calls or live chat options.

Conclusion

In conclusion, Xianglin offers a variety of trading assets and standard trading conditions, making it a potentially attractive option for traders. However, its regulatory status being marked as “Unauthorized” raises concerns about its legitimacy and may deter some users. Additionally, the lack of a specified minimum deposit and limited customer support options could pose challenges for traders seeking a more structured trading environment.

FAQs

Q: Is Xianglin a regulated broker？

A: Xianglin's regulatory status is marked as “Unauthorized,” which raises concerns about its legitimacy. However, it is regulated by the Financial Crimes Enforcement Network (FinCEN) in the United States, holding a Crypto-License.

Q: What trading instruments does Xianglin offer？

A:Xianglin offers a diverse range of trading assets, including forex, stocks and equities, cryptocurrency, global indices, and commodities.

Q: Does Xianglin charge commissions on transactions？

A: No, Xianglin does not impose commissions on transactions.

Q: What is the maximum leverage offered by Xianglin？

A: Xianglin offers a maximum leverage of 1:100, allowing traders to amplify their positions while managing risk effectively.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.