Score

1.40 /10
Danger

Canyon Trend

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.14

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

SC FSA
2021-11-09
ALERT - Unauthorized use of websites
Canyon Trend
FX Terminals
REAL FX EXPERTS
BNB Smart Chain Bots
Premium FX Crypto
Bitfx Asset
FX Trade Terminal
Proximity Trade
Green FX Trading

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Canyon Trend · Company summary

General Information

Canyon Trend is allegedly a broker based in the UK that provides its clients with powerful trading platforms, various tradable assets with leverage up to 1:10 and tighter spreads.

Market Instruments

Canyon Trend advertises that it offers a wide variety of trading instruments in financial markets, including forex pairs, CFDs on shares, indices, energies, metals and ETFs.

Leverage

The only information about leverage we can find on Canyon Trends official website is that the leverage for trading cryptocurrency/fiat currency pairs is 1:10. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Canyon Trend says it offers tighter spreads and the clients can trade on consistently low spreads from 0.0 pips. However, there isnt more detailed information involved directly on its site.

Trading Platform Available

When it comes to trading platforms available,Canyon Trend claims that it gives traders powerful platforms to suit all trading styles and needs on any device. It is advertised as the ultimate platform equipped with a multi-chart layout, technical analysis, historical quotes and more, available on the web, desktop, and mobile terminals like Android and iOS. With its mobile apps, trading can be done from anywhere and at any time through the right mobile terminals.

Trading

Deposit & Withdrawal

Canyon Trend seems to accept payment methods only via cryptocurrency like Bitcoin.

crypto deposits only. And if you dont have any Bitcoin, the broker will offer links to legitimate crypto exchanges like Coinbase where you can purchase some.

Customer Support

Canyon Trend‘s customer support can be reached through email: support@canyontrendus.com or live chat. Company address: 65 Gresham St, London EC2V 7NQ, United Kingdom. However, this broker doesn’t disclose other more direct contact information like telephone numbers while most brokers offer.

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