XTrend-Overview Guide of This Broker
Extracto：XTrend is an online broker founded in 2018, offering a wide range of trading instruments like Forex, Metals, Cryptocurrencies, Energies, Indices, Shares. It's regulated in Cyprus now and does not provide services to residents in certain areas.
| XTrend Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Cyprus |
| Regulation | Regulated (CYSEC) |
| Market Instruments | Forex, Metals, Cryptocurrencies, Energies, Indices, Shares |
| Demo Account | ❌ |
| Leverage | / |
| EUR/USD Spread | From 0.00001 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, 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 accoun | |
| Commission fees charged | |
| Lack of transparency |
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, Shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Options | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Account Type
Now XTrend doesn't provide any information on account type choices.
Leverage
Now XTrend doesn't provide leverage information.
Fees
| Spreads | Commision |
| From 0.00001 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/Credit cards and E-Wallets.
| Withdrawal Options | Minimum Withdrawal | Currency | Fees |
| VISA/MasterCard | 10 USD | EUR, USD | 3.50% |
| Skrill/Neteller | 10 USD | EUR, USD | 3.50% |
| SOFORT | 10 USD | EUR | Up to €15 |
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