The Genesis of XHK
The inception of XHK is a testament to the vision of its founders. Established in 2011, the first brokerage of the XHK Group, XNT Ltd, was set up in Malta by a trio of financial wizards – Anatoliy Knyazev, Alexey Kirienko, and Gatis Eglitis. XNT was granted a brokerage license by the Maltese Financial Supervision Authority, marking the first step in the company’s journey.
In 2012, the second company of the Group, EXT Ltd. of Cyprus, obtained a brokerage license from the Cyprus Securities and Exchange Commission (CySEC). The expansion continued with the Hong Kong-based XHK Ltd, which began operations in 2019, licensed by the Hong Kong Securities and Futures Commission (SFC).
XHK has been recognized with numerous industry awards, reflecting its commitment to innovation and excellence in the financial sector.
XHK’s Product Portfolio
XHK Broker is a Hong Kong-based investment company that brokers financial markets under the XHK brand. Its product line includes exchange-traded and OTC financial instruments and cryptocurrencies.
Exchange-traded financial instruments
XHK provides direct access to over 50 of the largest exchange platforms globally. This access enables clients to transact in all classic exchange-traded instruments — stocks of public companies, exchange-traded funds (ETFs), bonds, futures, and options.
OTC financial instruments
XHK also allows trading over-the-counter instruments from the same single brokerage account. This includes transactions in Forex where the company’s clients have access to 50 currency pairs as well as gold and silver. The XHK trading platform offers the opportunity to make transactions with off-exchange currency derivatives — forwards and swaps of 50 currency pairs.
The XHK Trading Platform
The XHK trading platform, developed in-house, is the only trading terminal available to XHK clients. The platform is available in three variants: a desktop version, a browser-based web terminal, and a native mobile application for iOS and Android.
Advantages and Disadvantages
The XHK trading platform offers an intuitive interface, easy controls, and special modules for the analysis of individual markets. However, it falls short in the number of technical indicators available in the Chart window and does not allow users to add new in-house or third-party indicators to the terminal.
Accounts at XHK
XHK requires a minimal deposit of €10,000 for individual clients and €50,000 for corporate clients to open an account.
Fees and Trading Terms
XHK’s brokerage commissions for transactions in the most popular financial instruments are competitive. Deposits and withdrawals are available in 15 currencies, with a withdrawal fee of €30 or the equivalent in another currency.
Demo Account
XHK offers a demo account with a virtual amount of one million euro for mock trades. Trading on a demo account is no different from trading on a real account using real market quotes which are displayed with a 30-minute delay.
Manager Support Service
XHK’s customer support service is available 24/7 by telephone, e-mail, and chat. Every customer is assigned a dedicated account manager, ensuring personalized service.
Comparison with Competitors
In conclusion, XHK offers a comprehensive suite of financial services, catering to both individual and institutional clients. Its commitment to innovation, customer service, and regulatory compliance make it a reliable choice for professional traders.
