We know you’ve been dreaming of trading with a next-generation Forex/CFD broker. However, before you jump into new trading opportunities and execute a single trade on their so-called “award-winning platform,” we suggest taking a look at our AdvantageXIN review. Here, we will explain why the claims made by this company’s creators cannot be trusted and how to recognize a scam project. Don’t want to become just another victim of fraudsters? Keep reading.
Key Features
- Company Name: AdvantageXIN
- Website: https://advantagexin.com/en
- Available Contacts: [email protected]; +352 643 411 319
- Foundation: 2024-2025
- Services: Forex/CFD trading
- License: No
- Initial Deposit: $500
From Sign-Up to Payout
We know you’ve been dreaming of trading with a next-generation Forex/CFD broker. However, before you jump into new trading opportunities and execute a single trade on their so-called “award-winning platform,” we suggest taking a look at our AdvantageXIN review. Here, we will explain why the claims made by this company’s creators cannot be trusted and how to recognize a scam project. Don’t want to become just another victim of fraudsters? Keep reading.
- The Markets section simply lists available markets and provides a one- or two-sentence description of each. However, it gives no details about the actual trading instruments offered to clients. There are no contract specifications or any meaningful information for traders. Why even bother including this section on the website?
- A section with legal documents regulating the broker-client relationship is absolutely necessary. However, users typically expect to find more than just a User Agreement and a Refund and Deposit Cancellation Policy. While the broker did incorporate a Risk Disclosure into the user agreement, there is no sign of a Privacy Policy, KYC Policy, or AML Policy. This raises an interesting question: on what legal basis does the company require verification if its own agreements and policies fail to mention it?
- What else would potential clients expect to see on a broker’s website? Registration details? Financial reports? Payment information? Forget about it. The project’s owners keep all of this a secret. Are they hiding something? Or is it simply because they have nothing to show — no company, no history, and no legitimate payment processing methods?
Speaking of deposits and withdrawals, this broker provides further confirmation of its questionable nature. The only accepted payment methods are BTC, ETH, and USDT. In other words, both the broker and its clients remain completely anonymous. There is no way to verify whether the provided wallet addresses actually belong to the company or check the legitimacy of fund transfers.
Clearly, AML regulations mean nothing to this project and its participants. But here’s the real kicker: why does the company require clients to submit photos of both sides of their bank cards for payment verification? How exactly do they plan to use this information? And, more importantly, who else will end up receiving these sensitive details from a broker that provides zero guarantees of data security?
Our Trading Experience With AdvantageXIN
The broker didn’t provide much information about its trading platform. The few sentences on its website claim that order execution is fast, traders have access to over a hundred instruments, and the platform has many advantages. In other words, they completely avoided discussing the actual software behind their trading terminal.
So, we decided to test the platform ourselves. To our surprise, there were a few positives. For instance, the developers have implemented a fully functional multi-chart mode, which can be particularly useful for portfolio investors and traders using high-frequency strategies. Additionally, orders can be placed with just a few clicks.
Like most platforms built on the TradingView price chart widget, the terminal has a sleek, visually appealing design and offers a decent selection of technical indicators. However, as with everything else about this broker, appearances can be deceiving.
However, all these advantages couldn’t outweigh the numerous flaws of the platform. Here are just some of the most noticeable ones:
- Viewing the list of trading instruments and selecting the desired asset takes a considerable amount of time due to poor organization. This might not be too obvious when dealing with a hundred tickers, but when the number approaches a thousand, it becomes a real problem. Neither adding assets to Favorites nor using the search function fully resolves this issue.
- Users only have access to five timeframes, with some commonly used ones, such as M15 and H4, missing for no apparent reason.
- The contract specifications provided in the terminal are confusing. Some key parameters are listed, but they can’t be trusted. For example, the EUR/USD spread is stated as 2.00 pips, but the actual Bid/Ask difference fluctuates between 0.8 and 1.1 pips. So what exactly does the broker mean by “spread,” and which value is actually applied to trades?
- The platform lacks automation capabilities. Since it’s based on the TradingView widget, users cannot add advisor scripts, and there is no documented API — or possibly no API at all.
We have another important observation: AdvantageXIN presents the platform as its own proprietary product, even though it clearly isn’t. Why they would hide this fact is unclear, especially since the terminal itself is far from perfect. However, one possible reason comes to mind. Well-known software providers (such as MetaTrader or cTrader) do not work with unregistered companies. Those who disregard this rule are almost certainly supporting fraudulent brokers. This suggests that AdvantageXIN is likely a scam, using software from questionable sources that don’t mind dealing with shady operators.
But the broker’s issues go beyond just its trading terminal. The transparency of trading conditions is another major weakness. As we mentioned earlier, contract specifications are nowhere to be found. Even the account types section provides only minimal information.
AdvantageXIN offers three account types:
- Newbie — minimum deposit of $500.
- Experienced — minimum deposit of $25,000.
- Pro — minimum deposit of $50,000.
Traders on all accounts can use leverage up to 1:50 for commodities and up to 1:20 for other instruments, including cryptocurrencies. Orders are executed using the Instant Execution method. Beyond this, the website provides no further details on trading conditions.
It’s worth noting that the company does not disclose information essential for assessing trading costs. Spreads, swaps, and trading commissions can only be found inside the platform. This means potential clients are unable to evaluate the profitability of trading before opening an account. Only scammers use such tactics to leave traders with no choice.
Important note! The information in the trading platform does not match the details provided in the account types table. For example, in the terminal, the leverage for BTC/USD is 1:50, while in the table, it is listed as 1:20. Does the broker not even know its own trading conditions?
After encountering all these contradictions, any experienced trader would ask themselves: can you trust a broker that doesn’t even provide full disclosure of its trading terms? We certainly wouldn’t trade on such a platform.
The Reality Check
AdvantageXIN does not publish any official company information. So, we attempted to verify its registration based on its claimed office location in Luxembourg.
The search returned no results — there was no record of this company. We tried alternative spellings of the name, but the outcome remained the same.
In the User Agreement, we found a reference to the company supposedly operating under the laws of Belize. However, a search in Belize’s business registry yielded nothing, regardless of how the company’s name was written.
Finally, we checked the OpenCorporates database, which contains nearly 223 million legal entities worldwide. Once again, there was no record of AdvantageXIN under any spelling or business name.
The conclusion is obvious: this broker is not officially registered in any jurisdiction. The only thing it has is a rainbow-colored website and an overwhelming desire to take traders’ money.
Before opening an account, potential clients should ask themselves if they really want to deal with a fake company that completely lacks:
- A license to provide brokerage/dealer services.
- The ability to access banking services as a legal entity and, consequently, to open corporate accounts and cards.
- The ability to enter into agreements with quote providers from electronic trading systems, such as Reuters.
Thus, it is simply impossible to organize real trading on this platform. The pseudo-company merely imitates trading, broadcasting virtual price movements on charts and client accounts. In reality, funds never enter the system — they go straight into the pockets and wallets of scammers.
How Long Has AdvantageXIN Been in the Game?
There is no company history on the website — not even a mention of the broker’s founding date. We had to dig into external sources to uncover this information. One of the best ways to do this is by checking the domain registration date through a WHOIS lookup.
According to WHOIS records, the domain advantagexin.com was registered in July 2024. However, there was no activity recorded by the Web Archive, meaning the broker likely started operating only after the most recent significant update — on or after February 18, 2025. That makes this platform just one month old. The scam is only beginning to attract clients, so traders should be extra cautious and avoid falling for its deceptive tactics.
Extra Fraud Indicators
At this stage, there are very few AdvantageXIN reviews online. Most mentions of the broker appear in social media posts and videos. Many of these so-called “reviews” are nothing more than paid promotions, with influencers praising the so-called “next-generation” platform while conveniently ignoring its major flaws.
Meanwhile, experts from reputable trading and investment portals have already taken notice of this new scam. Naturally, their verdict is entirely different from the misleading testimonials found on social media. A company operating without registration, without a license, and without transparency in its trading conditions is rightly considered a scam by professionals.
Interestingly, the first critical reviews of AdvantageXIN started appearing in late February. This confirms our earlier assumption: the platform has been operating for no more than a month.
Is AdvantageXIN the Right Fit?
In our AdvantageXIN review, we have demonstrated how this broker has tried — and ultimately failed — to conceal the fact that it is a scam. Doing business with this platform means losing your money. The broker itself has provided strong evidence against its legitimacy: lack of official registration, illegal operations without a license, and the deliberate concealment of critical information, including trading conditions and payment details. We recommend taking all of these red flags into account and forgetting about this scam platform forever.
AdvantageXIN is a complete scam!
The company’s managers kept calling me until they eventually earned my trust! They spoke so convincingly that I believed them and deposited nearly $30,000. These scammers were smart – they even let me withdraw $400 to my card, making me think I was earning money within just a week. I liked the experience, and since I wasn’t very knowledgeable about trading, I followed their representative’s advice. But when I later tried to withdraw just $5,000, my account was blocked. Now, it seems I have no chance of recovering my funds. Be careful!
Stay away from these scammers!
All they know how to do is deceive their clients! AdvantageXIN has a fake trading platform, fake quotes, fake documents, and no license whatsoever. Their support team is full of amateurs who don’t understand trading at all. Please avoid this scam, or you’ll end up losing a huge sum like I did: without any chance of getting it back!!!