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XTrend Speed -

Score

1.63 /10
Danger

XTrend Speed

South Africa

5-10 years

Suspicious Regulatory License

Self-developed

Suspicious Overrun

High potential risk

https://www.xtrendspeed.com/en-US

Influence

B

Add brokers

Comparison

Quantity 9

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.74

License Index0.00

The WikiFX Score of this broker is reduced because of too many 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 : 2025-06-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

XTrend Speed

South Africa

WikiFX Verification

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

scam

my entry time was at 6:27 am. up and down maeket was at 6:19-6:20.

2020-10-30 07:01
Unable to Withdraw

FEATURE BLOCKING WITHOUT REASON

I've been using this app for a long time, but recently I created a new account and made a deposit to complete the mission. There were many interesting missions on Xtrend speed, but after withdrawing a few days later several features and missions were removed from the account. There was no notification or clear reason from SC Xtrend speed. I checked on my grandmother's account, and the feature was still there but on other accounts, it was removed. I traded on the old account again and managed to do WD once, but a few days later several features and missions on my account disappeared. There were still no warnings or notifications. Based on conversations with the personal manager, he couldn't explain a rational reason. He just said, "The event has ended". I checked my friend's account, and the features and missions were still there. I think the service on this app is no longer transparent and has a detrimental game and that is what decided me to stop trading on this app.

2023-12-19 19:27
Unable to Withdraw

.

I WAS NEVER ABLE TO WITHDRAW ANY OF THE CAPITAL PRIZES OR RECEIVE ANY OF THE AMOUNTS FROM THE SWEEPSTAKES OR USE THE CREDITS YOU WIN IN THE CONTESTS.

2023-05-08 17:00
Unable to Withdraw

scammers

I hate scammers really, I made profit and I awoke to my funds being taken from me.

2021-06-23 22:00
Unable to Withdraw

3 withdrawals were rejected

Withdrawals are always rejected for unclear reasons. Fraudulent site.

2023-12-06 18:59
Resolved

Cheating with customer

This is my customers id 62301107 I am ritesh shah Sir, my further complaint of 18th Oct. has not been resolved and t 26th Oct am facing new issue. Due to your system falut. And your system close my 2 trade. This time, to keep the margin of the trade in balance, I made the deposit. Deposit channel working. Even so, you people have not closed my trade. It is your company's policy to harass customers. Even today I saw a loss of 1471 usd due to your system failure. This is the way to play with your customers. On 18 Oct I saw a loss of round 5000 usd. And saw a loss of 1471 usd today on 26 Oct Due to the malfunction of your system. I want refund my amount due to your system falut Am attaching today sceen short. Your relevant department working on my complaint or not ? They dont have time replied to customer is this the company's way of cheating? This company earn money by this system They close deposit chennal when customer marzinge leval is low. Customer want to deposit but they do not add money by their xtrend earning system. They make folish to customer I have all proof. And uploading hear. And you want to talk with customer care. Those people will make us wait for 7 hours up. Is this company providing service? This is cheat company. Dont trust

2022-11-01 03:52
Unable to Withdraw

Withdrawal refused due to proof of address.

They require a proof of my address issued by my company, otherwise the payment will not be made. My address is recognized by the government, banks, etc. But the platform still requires the company to prove my address, and even if I provide the company's certificate, there is still no guarantee that I can withdraw money.

2024-04-25 20:27
Unable to Withdraw

Xtrend speed= SCAM

I made 8 withdrawal requests, all rejected!! They justify themselves by saying that my bank rejects the request! BEWARE. IT'S A SCAM.

2024-02-15 14:09
Unable to Withdraw

scammer

customer care can't answer. email not answer. scammer this application

2021-08-12 01:55
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-06-07
    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

    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.

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

    NewsStock market today: Dow snaps 4-week losing streak amid mixed quarterly earnings

    The Dow closed lower Friday, snapping a four- week win streak on mixed quarterly earnings ahead of results from big tech next week. The Dow Jones Industrial Average was 0.1%, or 22 points higher, the Nasdaq rose 0.1%, and the S&P 500 added 0.1%.

    WikiFX
    2023-06-21 11:07
    Stock market today: Dow snaps 4-week losing streak amid mixed quarterly earnings

    NewsEarnings season holds the key as FTSE 100 continues bullish run back towards 8,000

    The FTSE 100 is closing in again on the 8,000-point milestone it breached for the first time ever earlier this year, with five weekly gains in a row close to putting the index in official bull market territory.

    WikiFX
    2023-06-13 18:23
    Earnings season holds the key as FTSE 100 continues bullish run back towards 8,000

    NewsS&P 500 Trades Lower With Possible Recession On The Horizon, China's Economy Grows

    The S&P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepened worries that the Federal Reserve's rapid interest rate hikes might tip the U.S. economy into a recession.

    WikiFX
    2023-05-06 18:42
    S&P 500 Trades Lower With Possible Recession On The Horizon, China's Economy Grows
    About More

    User Reviews

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    User comment

    12

    Comments

    Write a review

    nerdy
    more than one year
    Since I switched to cryptocurrency six months ago, I haven't been able to withdraw a single penny. The so-called 1:1 interest rate is a lie, and coin settlement is also a lie. Now there are many so-called ""internal cryptocurrencies,"" which is completely absurd. The company never limits the amount of coin settlement, so for us ordinary investors, our coin settlement requests will never be approved.
    Since I switched to cryptocurrency six months ago, I haven't been able to withdraw a single penny. The so-called 1:1 interest rate is a lie, and coin settlement is also a lie. Now there are many so-called ""internal cryptocurrencies,"" which is completely absurd. The company never limits the amount of coin settlement, so for us ordinary investors, our coin settlement requests will never be approved.
    Translate to English
    2024-03-22 16:54
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    Kendrick Thoroughgood
    more than one year
    The website also lacks detailed educational resources, which is a bummer for someone like me who's always looking to up their trading game. And no 24/7 customer support? I've run into issues that needed immediate attention, and the limited availability was frustrating.
    The website also lacks detailed educational resources, which is a bummer for someone like me who's always looking to up their trading game. And no 24/7 customer support? I've run into issues that needed immediate attention, and the limited availability was frustrating.
    Translate to English
    2023-12-06 10:34
    Reply
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    9