6 Reasons Why You Should Never Invest with Trendo! Know the Facts

WikiFX | 2025-09-09 19:18

Abstract：Whether you're planning to invest with Trendo or you're an trader. As a participant in the forex market, it is your responsibility to protect your funds by being aware, cautious, and alert to potential scams. In this article, we’ll reveal major red flags about Trendo that every trader and investor should know.

Whether you're planning to invest with Trendo or you're an trader. As a participant in the forex market, it is your responsibility to protect your funds by being aware, cautious, and alert to potential scams. In this article, well reveal major red flags about Trendo that every trader and investor should know.

Red Flags of Trendo to Watch Out For

1. Fancy Registration but No Protection

Trendo Markets Ltd claims to be regulated by the Saint Lucia International Financial Centre (IFC) under registration number 2024-00332, with an address at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia. Saint Lucia is known in the forex world as a regulatory soft spot for brokers who want to look legitimate without being held to strict financial oversight. Its a paradise for shady operations.

2. No Access to MT4 or MT5

One of the most noticeable drawbacks of Trendo is that it does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5) . These are most trusted and widely used trading platforms in the forex trading due to their powerful charting tools, customizable indicators, automated trading capabilities (via Expert Advisors), and robust user communities. Instead of offering these industry-standard platforms, Trendo provides access only to its platforms — TrendoEX and TrendoFX.

3. According to WikiFX

While researching Trendo on WikiFX, one of the most widely used broker review platforms, we uncovered some alarming information.

· Low score- Trendo has received a very low rating of just 1.49 out of 10, which reflects serious concerns about its credibility and reliability.

· Serious warning -WikiFX has issued a formal warning about Trendo The platform labels the broker as high-risk, stated-

Warning: Low score, please stay away!

When a respected source like WikiFX publicly warns investors, its a strong signal, You must not ignore.

4. New Entry in FX Market

Trendo may be making noise in the forex space, but it‘s still a relatively new name compared to long-established brokers. Its website has been active for just four years, which suggests the company is still in its early growth phase. Because of its short track record, Trendo hasn’t yet earned the same level of recognition or trust as more seasoned platforms.

5. Unfulfilled Promises

One user reported on the Trustpilot app that they completed Trendos 28-day trading challenge as required, but never received the promised payout. Despite following all the rules, the broker failed to deliver the stated reward, leaving the user frustrated and disappointed.

6. Labeled as “Scam” by Users

Two traders publicly criticized the broker, calling it a scam due to repeated issues with withdrawal delays and unprofessional customer support. According to the user, every attempt to withdraw funds was met with long waiting periods and vague excuses from the support team.

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Scam Alert Investment Scam Fraud Alert Forex trading Forex Broker Broker

Related broker

Not Regulated

TRENDO

Company name：TRENDO MARKETS LTD

Score

2.21

Website：https://fxtrendo.com/

2-5 years | Questionable Regulatory License | Self-developed | High Potential Risk

Score

2.21

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