WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

DingXin

Canada|1-2 years|
Suspicious Scope of Business|High potential risk|

https://dingxinlimited.com/en.html

Website

Rating Index

Contact

support@dingxinlimited.com
https://dingxinlimited.com/en.html
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

DingXin Limited

Abbreviation

DingXin

Platform registered country and region

Canada

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

DingXin · WikiFX Survey

Users who viewed DingXin also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MultiBank Group

8.95
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

EC Markets

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

DingXin · Company Summary

DingXin Basic Information
Company Name DingXin
Founded 2023
Headquarters Canada
Regulations Not regulated
Tradable Assets Forex, stocks, indices, commodities, cryptocurrencies
Account Types Standard, ECN, VIP, Islamic, Cent, Demo
Minimum Deposit $100
Maximum Leverage Up to 1:1000
Spreads Vary by account type and asset
Commission Vary by account type and asset
Deposit Methods Credit/debit card, bank wire, e-wallets
Trading Platforms WebTrader, Desktop MetaTrader 4 (MT4)
Customer Support Live chat, email, phone (24/5)
Education Resources Webinars, articles, video tutorials
Bonus Offerings None

Overview of DingXin

DingXin is a relatively new trading platform that was founded in 2023 and is headquartered in Canada. Despite its recent establishment, it has quickly garnered attention in the financial markets due to its diverse range of tradable assets and multiple account types designed to cater to a wide spectrum of traders. However, it's important to note that DingXin operates without valid regulatory oversight, raising concerns about its legitimacy and the safety of traders' funds and interests.

One of DingXin's notable strengths is its extensive offering of tradable instruments. Traders on the platform can access over 60 currency pairs in the forex market, trade more than 10,000 stocks from various global markets, engage in index trading with major indices like the S&P 500 and FTSE 100, invest in commodities such as gold, silver, and oil, and even participate in the cryptocurrency market with options like Bitcoin and Ethereum.

While DingXin provides a range of educational resources, including webinars, articles, and video tutorials, it's essential to exercise caution when considering this platform due to its lack of regulation. Regulatory oversight is a critical factor in ensuring the security and fairness of trading environments, and traders should carefully weigh the potential risks associated with trading on an unregulated platform.

Is DingXin Legit?

DingXin is not regulated by any valid regulatory authority. The United States NFA (National Futures Association) regulatory status for DingXin, with license number 0557432, is marked as “Unauthorized,” indicating that the broker does not have official regulatory authorization. Traders and investors should exercise caution and be aware of the associated risks when considering dealing with an unregulated broker, as regulatory oversight is crucial for ensuring the safety and protection of traders' funds and interests.

regulation

Pros and Cons

DingXin offers a diverse range of tradable assets and provides multiple account types, catering to various trader preferences. The availability of high leverage can be attractive for those seeking potentially amplified profits. Additionally, DingXin offers educational resources like webinars, articles, and video tutorials, which can be valuable for traders looking to improve their skills. However, the broker faces significant drawbacks, primarily the absence of valid regulation, which raises concerns about the safety of traders' funds. Furthermore, there's limited transparency regarding spreads and commissions, and non-trading fees may impact the overall cost of trading with DingXin. Traders should weigh these pros and cons carefully when considering this brokerage.

Pros Cons
Diverse Range of Tradable Assets Lack of Regulation: Not regulated and marked as “Unauthorized” by the NFA.
Multiple Account Types Limited Transparency on Spreads and Commissions.
High Leverage Non-Trading Fees, including an account inactivity fee and withdrawal fee.

Trading Instruments

DingXin offers a wide range of trading instruments, including:

Forex: DingXin offers trading on over 60 currency pairs, including major pairs such as EUR/USD and GBP/USD, as well as minor and exotic pairs.

Stocks: DingXin offers trading on over 10,000 stocks from markets around the world, including the US, UK, and China.

Indices: DingXin offers trading on major stock market indices, such as the S&P 500, the Dow Jones Industrial Average, and the FTSE 100.

Commodities: DingXin offers trading on a range of commodities, including gold, silver, oil, and wheat.

Cryptocurrencies: DingXin offers trading on a number of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

products

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

Broker Forex Metals Crypto CFD Indices Stock ETF Options
DingXin Yes Yes Yes No Yes Yes No No
RoboForex Yes Yes Yes Yes Yes Yes Yes No
IC Markets Yes Yes Yes Yes Yes Yes No No
Exness Yes Yes Yes Yes Yes Yes No No

Account Types

DingXin offers four main account types:

Standard Account: This is the most basic account type, and it is suitable for both beginners and experienced traders. Standard accounts have a minimum deposit requirement of $100, and they offer a range of trading products, including forex, stocks, indices, and commodities.

ECN Account: ECN accounts are designed for experienced traders who are looking for the best possible execution prices. ECN accounts have a minimum deposit requirement of $500, and they charge a commission on each trade.

VIP Account: VIP accounts are designed for high-volume traders who are looking for the best possible trading experience. VIP accounts have a minimum deposit requirement of $20,000, and they offer a range of benefits, such as a dedicated account manager, personalized trading plans, and exclusive trading webinars.

Islamic Account: Islamic accounts are designed for Muslim traders who follow the Islamic Sharia law. Islamic accounts do not charge interest or rollover fees.

In addition to these four main account types, DingXin also offers a number of other account types, such as:

Cent Account: Cent accounts are designed for beginner traders who want to practice trading with a small amount of money. Cent accounts allow traders to trade with micro-lots, which are 1/100th of a standard lot.

Demo Account: Demo accounts are designed for traders who want to practice trading without risking any real money. Demo accounts are funded with virtual currency, and they allow traders to test their trading strategies in a real-time market environment.

Leverage

DingXin provides traders with access to significant leverage, offering a maximum leverage of up to 1:1000 across all of its trading products. This level of leverage allows traders to control positions that are much larger than their initial investment, potentially amplifying both profits and losses. While high leverage can be appealing to some traders for its profit potential, it also carries a heightened level of risk due to the magnification of market movements.

It's essential for traders to exercise caution and fully understand the implications of using high leverage. While it can enhance trading opportunities, it can also lead to substantial losses if not managed carefully. Therefore, DingXin traders should carefully consider their risk tolerance and trading strategy when utilizing the available leverage to ensure a responsible and informed approach to trading.

Spreads and Commissions (Trading Fees)

DingXin's spreads and commissions vary depending on the account type and the asset being traded. Standard accounts have fixed spreads, while ECN accounts have variable spreads that are typically lower than the spreads on Standard accounts. VIP accounts have access to the lowest spreads and commissions.

Here are some examples of DingXin's spreads and commissions:

EUR/USD: 1.5 pips on Standard accounts, 0.5 pips on ECN accounts, and 0.2 pips on VIP accounts.

GBP/USD: 1.6 pips on Standard accounts, 0.6 pips on ECN accounts, and 0.3 pips on VIP accounts.

Gold: $0.50 per ounce on Standard accounts, $0.25 per ounce on ECN accounts, and $0.10 per ounce on VIP accounts.

Non-Trading Fees

DingXin has several non-trading fees that traders should be aware of:

Account Inactivity Fee: A monthly fee of $10 is charged if your account remains inactive for over 90 days.

Withdrawal Fee: DingXin imposes a $30 fee for all withdrawal transactions.

Overnight Financing Fee: This fee, calculated based on the position size and prevailing interest rates, applies to positions held overnight.

It's important to consider these fees as they can impact your overall trading costs on the DingXin platform.

spreads-commission

Deposit & Withdraw Methods

DingXin accepts deposits and withdrawals via a variety of methods, including:

Credit/debit card: Deposits are processed instantly and withdrawals are processed within 3-5 business days.

Bank wire transfer: Deposits are processed within 1-3 business days and withdrawals are processed within 3-5 business days.

E-wallets: Deposits are processed instantly and withdrawals are processed within 1-2 business days.

Minimum Deposit Required: The minimum deposit required to open an account with DingXin is $100.

deposit-withdrawal

Here is a comparison table of minimum deposit required by different brokers:

Broker DingXin Exnova Tickmill GO Markets
Minimum Deposit $100 $10 $100 $200 USD

Trading Platforms

DingXin provides two trading platforms:

WebTrader: This user-friendly web-based platform is accessible from any device with an internet connection. It offers essential trading features and is suitable for traders who value accessibility and flexibility.

Desktop MetaTrader 4 (MT4): MT4 is a robust and feature-rich platform known for its advanced charting tools and automated trading options. It's preferred by experienced traders who require in-depth analysis tools.

Both platforms offer distinct advantages, allowing traders to choose the one that suits their trading style best. DingXin may also provide mobile trading apps for added convenience.

trading-platform

Customer Support

DingXin provides customer support services through various channels to ensure traders have access to assistance when needed. These support channels include live chat, email, and phone. One notable aspect of DingXin's customer support is its availability during the trading week, with services offered 24 hours a day from Monday to Friday. This aligns with the typical trading hours of the global financial markets, allowing traders to seek help and resolve issues promptly during active trading sessions.

Educational Resources

DingXin offers a variety of educational resources, including:

Webinars: DingXin hosts regular webinars on a variety of trading topics.

Articles: DingXin publishes a variety of articles on its website that cover a range of trading topics.

Video tutorials: DingXin offers a variety of video tutorials on its YouTube channel that cover a range of trading topics.

Conclusion

In conclusion, DingXin presents a mixed picture for traders. While it offers a wide range of tradable assets, multiple account types, and educational resources, its major disadvantage is the lack of valid regulation, which can pose risks to traders' funds. Additionally, the transparency of spreads and commissions is limited, and non-trading fees may impact overall trading costs. The availability of high leverage can be enticing but also comes with increased risk. Traders should exercise caution and carefully evaluate their risk tolerance when considering DingXin as their broker of choice, as regulatory oversight is crucial for ensuring the safety of their investments.

FAQs

Q: Is DingXin regulated?

A: No, DingXin is not regulated by any valid regulatory authority.

Q: What account types does DingXin offer?

A: DingXin offers Standard, ECN, VIP, Islamic, Cent, and Demo account types to cater to different trading preferences.

Q: What is the maximum leverage offered by DingXin?

A: DingXin provides a maximum leverage of up to 1:1000 across all trading products.

Q: Are there non-trading fees associated with DingXin?

A: Yes, DingXin charges non-trading fees, including an account inactivity fee, withdrawal fee, and overnight financing fees.

Q: What trading platforms are available on DingXin?

A: DingXin offers WebTrader, a web-based platform, and Desktop MetaTrader 4 (MT4), a robust desktop trading platform known for its advanced features.

Review 6

6 Comments
Write a comment
All(6) Latest Exposure(6)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com