XTrend Speed-Overview of Minimum Deposit, Spreads & Leverage
Abstract： 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 Review Summary | |
| Founded | 2020 |
| Registered Country/Region | South Africa |
| Regulation | CySEC/FSCA (Suspicious clone) |
| Market Instruments | Forex, commidities, indices, shares |
| Demo Account | ✅ |
| Leverage | 1:30-1:300 |
| Spread | Floating |
| Trading Platform | XTrend Speed |
| Copy/Social Trading | ✅ |
| Minimum Deposit | / |
| Customer Support | 22/7 support |
| Live chat, contact form | |
| Email: complaints@rynatcapital.com | |
| Social media: WhatsApp, Telegram, Facebook, X, Linked, Youtube, Trading View | |
| Regional Restrictions | Afghanistan, 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.
Pros and Cons
| Pros | Cons |
| Demo accounts | Suspicious Clone licenses |
| Copy/social trading | No 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 Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Cyprus Securities and Exchange Commission (CySEC) | Suspicious Clone | Rynat Trading Ltd | Market Maker (MM) | 303/16 |
 | Financial Sector Conduct Authority (FSCA) | Suspicious Clone | Rynat Capital (Pty) Ltd | Financial Service Corporate | 23497 |
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 | ❌ |
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.
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
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| XTrend Speed | ✔ | Mobile, PC, web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Payment Methods | Minimum Withdrawal | Withdrawal Processing Time |
| PayPal/Skrill/Neteller | $20 | Instant |
| Nuvei/SecurionPay/Neteller/EcommPay | 2-3 working days | |
| Sofort/Trustly/Ipay | 3-5 working days | |
| Wire Transfer | $100 | 3-7 working days (Depends on EU/NON-EU countries) |
| Razorpay | $20 | 5-7 working days |
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