XTrend-Overview Guide of This Broker
Abstract： XTrend is an online broker founded in 2018, offering a wide range of trading instruments like Forex, Metals, Cryptocurrencies, Energies, Indices, and 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 | CYSEC |
| Market Instruments | Forex, Metals, Cryptocurrencies, Energies, Indices, Shares |
| Demo Account | ❌ |
| Leverage | / |
| Spread | From 0.1 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, and 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 accounts | |
| Commission fees charged |
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, and Shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Options | ❌ |
| Bonds | ❌ |
| ETFs | ❌ |
Fees
| Spread | Commision |
| From 0.1 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/dredit cards and e-wallets.
| Withdrawal Options | Accepted Currencies | Minimum Withdrawal | Withdrawal Fees |
| VISA/MasterCard | EUR, USD | 10 | 3.50% |
| Skrill/Neteller | |||
| SOFORT | EUR | Up to €15 |
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