91PME.COM

91PME.COM, operating under the brand name Xinhuibao (鑫汇宝), is a Hong Kong-based precious metals brokerage established on September 19, 2017. The company is registered at Unit 2207-2209, 22/F, The Metropolis Tower, 10 Metropolis Drive, Hung Hom, Kowloon, Hong Kong. It primarily offers leveraged trading in precious metals such as London Gold and London Silver, functioning similarly to a retail CFD broker in product structure.

According to its regulatory registration, 91PME.COM is regulated by the Hong Kong Gold Exchange (HKGX) as an AA class member (member number 106). The HKGX is a self-regulatory organization for precious metals trading in Hong Kong, not a government financial regulator. The broker's HKGX license covers precious metals trading. No other regulatory licenses are on file from major financial authorities such as the FCA, ASIC, or CySEC.

The broker lists a range of precious metal products for trading, including London Gold, London Silver, 99 Gold, Hong Kong Dollar Kilogram Bar, RMB Kilogram Bar, and HKD 999.9 Gold. These products are traded as leveraged contracts, with the broker advertising zero commission and low spreads. The primary trading platform is MetaTrader 4 (MT4), a widely used platform in the retail forex and CFD industry. A mobile trading application is also available for Android and iOS devices.

Xinhuibao offers three account types, though specific details such as minimum deposit, leverage, and spread structures are not prominently disclosed on the public website. The broker promotes a T+0 settlement system and allows both buying and selling (shorting) positions. The website also provides a 'real-time trading data statistics' section that shows the percentage of long and short positions among users, though this data may be indicative rather than live.

The broker's sole regulator is the Hong Kong Gold Exchange (HKGX), which is a trade body for precious metals dealers in Hong Kong. HKGX regulation is not equivalent to a license from a mainstream financial regulator like the Securities and Futures Commission (SFC) in Hong Kong or the FCA in the UK. While HKGX membership imposes certain standards, it does not provide the same level of investor protection, such as negative balance protection or access to an ombudsman.

FXCanary's proprietary scam risk score for 91PME.COM is 41 out of 100, categorized as 'Guarded'. This moderate score reflects the presence of some regulatory oversight but also concerns related to the limited transparency of the regulatory framework and the absence of independent user reviews. The score suggests that traders should approach with caution and perform their own due diligence.

Account opening can be initiated directly on the broker's website. The registration form requires personal information such as full name, mobile number, and password. The broker indicates that clients must not be citizens or residents of the United States. The agreement includes a Precious Metal Customer Agreement, Disclosure of Risk, and Disclaimer. Verification of identity is required.

Deposit and withdrawal options are available through the user dashboard, including online deposit and online withdrawal. The broker states that client funds are held in segregated accounts and that SSL encryption protects data. However, specific deposit methods (e.g., bank transfer, credit card, e-wallets) are not explicitly listed on the public site. The broker provides customer service via phone and email, with a hotline for account inquiries.

The broker offers a range of educational materials including an investment classroom, trading guides, and market analysis. The website features a section on investment knowledge and real-time market news. Customer support is available 24/7 via phone, live chat, and a contact form. The broker also has a WeChat official account for users in China.

While the broker provides these resources, the depth and quality of educational content appear basic and focused on precious metals trading. There is no evidence of advanced trading tools or research reports commonly offered by larger, more established brokers. The support team's responsiveness and language capabilities (English and Chinese) are noted but not independently verified.

91PME.COM is specifically tailored for traders interested in precious metals, particularly gold and silver. The broker's product range and marketing focus on Hong Kong and Chinese-speaking investors. Due to the niche offering, the broker is less suitable for traders seeking a multi-asset platform covering forex, indices, or cryptocurrencies.

The absence of major regulatory licenses and the limited independent information available make this broker more appropriate for experienced traders who are comfortable with the risks of trading on a smaller platform with moderate oversight. Beginners or those requiring high levels of investor protection may want to consider alternatives with stronger regulatory credentials. The broker's transparent transaction recording via HKGX is a positive feature, but overall, caution is advised.