Score

1.57 /10
Danger

XTrend Speed

South Africa

5-10 years

Questionable Regulatory License

Self-developed

High Potential Risk

B

Add brokers

Comparison

Quantity 10

Exposure

Time Machine
Website

Score

Regulatory Index5.55

Business Index7.96

Risk Management Index1.08

Software Index8.68

License Index2.69

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
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Broker Information

More

Company Name

Rynat Capital (Pty) Ltd

Company Abbreviation

XTrend Speed

Platform registered country and region

South Africa

Company website

X

Facebook

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 5
Previous Detection : 2026-10-13
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has recorded a total of 8 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Pyramid scheme complaint
Expose
    Sources
    XTrend Speed · Company summary
    XTrend Speed Review Summary
    Founded2020
    Registered Country/RegionSouth Africa
    RegulationCySEC/FSCA (Suspicious clone)
    Market InstrumentsForex, commidities, indices, shares
    Demo Account✅
    Leverage1:30-1:300
    SpreadFloating
    Trading PlatformXTrend Speed
    Copy/Social Trading✅
    Minimum Deposit/
    Customer Support22/7 support
    Live chat, contact form
    Email: complaints@rynatcapital.com
    Social media: WhatsApp, Telegram, Facebook, X, Linked, Youtube, Trading View
    Regional RestrictionsAfghanistan, Albania, United States, Bahamas, Barbados, Belarus, Belgium, Botswana, Burkina Faso, Burundi, Cambodia, Canada, China, Cyprus, North Korea, Democratic Republic of Congo, Republic of Congo, Ghana, Gibraltar, Iceland, Iran, Jamaica, Jordan, Mali, Mongolia, Morocco, Mozambique, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Sudan, Syria, Tanzania, Trinidad and Tobago, Uganda, Ukraine, Venezuela, Yemen, Zimbabwe, Rusia clients are not allowed

    XTrend Speed Information

    XTrend Speed is a suspicious clone broker, offering trading on forex, commidities, indices and shares with leverage up to 1:300 and floating spreads on XTrend Speed trading platform.

    XTrend Speed's homepage

    Pros and Cons

    Pros Cons
    Demo accountsSuspicious Clone licenses
    Copy/social tradingNo MT4/MT5 platform
    Multiple payment options
    Live chat support

    Is XTrend Speed Legit?

    No. XTrend Speed is currently a suspicious clone broker. Please be aware of the risk! It also offers negative balance protection.

    Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
    Cyprus Securities and Exchange Commission (CySEC)Suspicious CloneRynat Trading LtdMarket Maker (MM)303/16
    Financial Sector Conduct Authority (FSCA)Suspicious CloneRynat Capital (Pty) LtdFinancial Service Corporate23497
    Suspicious Clone CySEC license
    Suspicious Clone FSCA license
    Domain information

    What Can I Trade on XTrend Speed?

    XTrend Speed offers trading on forex, commidities, indices and shares.

    Tradable Instruments Supported
    Forex✔
    Commodities✔
    Indices ✔
    Shares ✔
    Cryptos❌
    Bonds❌
    Options❌
    ETFs❌
    Forex
    Commodities
    Indices
    Shares

    Leverage

    XTrend Speed offers leverage from 1:30 to 1:300. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

    Leverage

    XTrend Speed Fees

    XTrend Speed does not charge clients any additional fees for deposits, however there are charges for withdrawals. Further information is not specified.

    3.5% fee is charged on Withdrawals by E-wallet/ Credit Card/Debit Card.

    Fees for withdrawals via Sofort and wire transfer will be charged depending on the withdrawal amount and country and currency of the bank account.

    More detailed info can be found via https://www.xtrendspeed.com/en-US/more/faq

    XTrend Speed Fees
    XTrend Speed Fees

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    XTrend Speed✔Mobile, PC, web/
    MT4❌/Beginners
    MT5❌/Experienced traders
    XTrend Speed platform
    XTrend Speed platform

    Deposit and Withdrawal

    Payment MethodsMinimum WithdrawalWithdrawal Processing Time
    PayPal/Skrill/Neteller$20Instant
    Nuvei/SecurionPay/Neteller/EcommPay2-3 working days
    Sofort/Trustly/Ipay3-5 working days
    Wire Transfer$1003-7 working days (Depends on EU/NON-EU countries)
    Razorpay$205-7 working days

    Deposit and Withdrawal FAQ
    Deposit and Withdrawal FAQ

    News

    ExposureXTrend Speed Review 2026: Reported Chart & Trade Order Discrepancies Along with Poor Withdrawals

    Did you witness an opposite market movement to the candlestick chart shown on the XTrend Speed platform? Were your profits being allegedly cancelled by the South Africa-based brokerage firm? Faced losses due to incorrect trigger of limit order on the XTrend Speed login? Did the broker cancel your multiple withdrawal requests? Many traders have reportedly raised these issues on broker evaluation platforms such as WikiFX. This XTrend Speed review examines user-reported allegations and shares an outlook on the regulatory status.

    WikiFX
    2026-10-05 19:53
    XTrend Speed Review 2026: Reported Chart & Trade Order Discrepancies Along with Poor Withdrawals

    ExposureIs XTrend Speed Legit or a Scam? 5 Key Questions Answered (2025)

    When evaluating the safety of a forex broker, the primary metric to consider is its regulatory standing and its track record with existing clients. Fin Trend presents an immediate red flag with an alarmingly low WikiFX Score of 1.51 out of 10.00. This score is a definitive indicator that the broker lacks the necessary legal qualifications and safety mechanisms required to operate legitimately in the financial markets.

    WikiFX
    2025-12-30 20:00
    Is XTrend Speed Legit or a Scam? 5 Key Questions Answered (2025)

    ExposureWhy Traders Are Trolling XTrend Speed — Top Reasons Uncovered

    Do you have to go through numerous checks when withdrawing funds from XTrend Speed? Is constant deposit pressure annoying you? Are you constantly losing trades despite following strategies? Before you get scammed, take necessary measures to recover your funds. Many traders have expressed their disappointment on review platforms. In this article, we will share trader reviews against XTrend speed. Time for you to look at such reviews and act accordingly.

    WikiFX
    2025-09-03 19:40
    Why Traders Are Trolling XTrend Speed — Top Reasons Uncovered

    NewsForget September Slump! S&P 500 Could Scale New Highs By Mid-2024, Predicts JPMorgan Strategist

    The stock market faced significant setbacks in September, with the S&P 500 Index, a broader seen since early June. Despite this, a market strategist remains optimistic about the medium- term outlook.

    XTrend Speed
    2023-10-07 18:14
    Forget September Slump! S&P 500 Could Scale New Highs By Mid-2024, Predicts JPMorgan Strategist

    User Reviews

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    User comment

    15

    Comments

    Write a review

    Hacked by Alfan
    6-12months
    broker ubah suai sy punya sistem tanpa update..dn sebelum bahagian lain boleh guna..sekrng nie dah tak boleh di laksakn..broker bnyak buat penipuan dalam mengendalikan acara..
    broker ubah suai sy punya sistem tanpa update..dn sebelum bahagian lain boleh guna..sekrng nie dah tak boleh di laksakn..broker bnyak buat penipuan dalam mengendalikan acara..
    Translate to English
    2026-09-08 10:58
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    0
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    winer880
    more than one year
    Interesting is for Ai monitoring provide by this broker any reward for new user ,fast execution and no requote so many useful fitur aon extrend app ,this is next level broker,very good.
    Interesting is for Ai monitoring provide by this broker any reward for new user ,fast execution and no requote so many useful fitur aon extrend app ,this is next level broker,very good.
    Translate to English
    2026-05-25 06:43
    Reply
    0
    0
    10