Company Profile
| XTrend Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC |
| Market Instruments | Forex, Metals, Cryptocurrencies, Energies, Indices, Shares |
| Demo Account | ❌ |
| Leverage | / |
| Spread | From 0.1 pips |
| Trading Platform | XTrend App |
| Minimum Deposit | / |
| Customer Support | Phone: +357 25258020 |
| Email: info@thextrend.com;support@thextrend.com | |
| Address: 18, Monis Machera Street, 4th Floor Office 401, 3020 Limassol, Cyprus/P.O. Box 51217, Limassol, Cyprus | |
| Regional Restrictions | USA, Cuba, Canada, Democratic People's Republic of Korea, Iran, Iraq and Syria |
XTrend Information
XTrend is an online broker founded in 2018, offering a wide range of trading instruments like Forex, Metals, Cryptocurrencies, Energies, Indices, and Shares. It's regulated in Cyprus now and does not provide services to residents in certain areas.
Pros and Cons
| Pros | Cons |
| Various trading products | Regional restrictions |
| Regulated by CYSEC | No MT4 or MT5 |
| No demo accounts | |
| Commission fees charged |
Is XTrend Legit?
| Regulatory Status | Regulated |
| Regulated by | Cyprus Securities and Exchange Commission (CYSEC) |
| Licensed Institution | Rynat Trading Ltd |
| Licensed Type | Market Maker (MM) |
| Licensed Number | 303/16 |
What Can I Trade on XTrend?
XTrend offers trading instruments on Forex, Metals, Cryptocurrencies, Energies, Indices, and Shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Options | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Fees
| Spread | Commision |
| From 0.1 pips | From 0.04 per lot |
Trading Platform
XTrend only offers self-developed App.
| Trading Platform | Supported | Available Devices | Suitable for |
| XTrend App | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Traders can deposit and withdraw via wire transfer, debit/dredit cards and e-wallets.
| Withdrawal Options | Accepted Currencies | Minimum Withdrawal | Withdrawal Fees |
| VISA/MasterCard | EUR, USD | 10 | 3.50% |
| Skrill/Neteller | |||
| SOFORT | EUR | Up to €15 |
Edward
Malaysia
I've been trying to withdraw money for about a month, and it's only $23 USD. But, I'm still unable to withdraw it. They gave me a bunch of excuses saying the money had already been withdrawn. I tried communicating with them, asking why I hadn't received the money if it had been withdrawn. They told me to contact the payment wallet's customer service, which is ridiculous. I said I needed proof of payment, but they kept failing to provide it, just making excuses. This platform is really terrible.
Exposure
iamjayylopezz
Philippines
I am a customer of XtrendI am a Taiwanese investor. My name is Yeh Yao ChungBefore, I deposited the money into account and traded thereNow I want to withdraw money, but they forbid me to withdraw moneyMy amount is up to $180000In addition, my sister and my mother also have more than 10000 dollarsThis has plunged our family into financial crisisI want to tell all investors about thisAnd I also complained to ASIC
Exposure
韦钟
Singapore
I feel that people are operating behind, and playing express on xtrend will lose a lot. It’s okay at the beginning. When you are lucky, they will let you rest for 1 hour and then let you play if you win couple thousands dollars. The commission after an hour will be higher. Today, I found out that one account is 1 for 8 while the other account that losing ten thousands is 1 for 6 at the same time.
Exposure
往事如烟30903
New Zealand
I recently started trading with XTrend and I am impressed with their low investment threshold of only 5 dollars. The account opening process was easy and straightforward, and their trading conditions are highly competitive. I appreciate being able to trade on-the-go using their trading app, which is very user-friendly.
Positive