Company profile
XTrend Speed Review SummaryFounded2020Registered Country/RegionSouth AfricaRegulationCySEC/FSCA (Suspicious clone)Market InstrumentsForex, commidities, indices, sharesDemo Account✅Leverage1:30-1:300SpreadFloatingTrading PlatformXTrend SpeedCopy/Social Trading✅Minimum Deposit/Customer Support22/7 supportLive chat, contact formEmail: complaints@rynatcapital.comSocial media: WhatsApp, Telegram, Facebook, X, Linked, Youtube, Trading ViewRegional 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 allowedXTrend 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 ConsPros Cons Demo accountsSuspicious Clone licensesCopy/social tradingNo MT4/MT5 platformMultiple payment optionsLive chat supportIs 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)303/16Financial Sector Conduct Authority (FSCA)Suspicious CloneRynat Capital (Pty) LtdFinancial Service Corporate23497What 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/faqTrading PlatformTrading PlatformSupported Available Devices Suitable for XTrend Speed✔Mobile, PC, web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and WithdrawalPayment MethodsMinimum WithdrawalWithdrawal Processing TimePayPal/Skrill/Neteller$20InstantNuvei/SecurionPay/Neteller/EcommPay2-3 working daysSofort/Trustly/Ipay3-5 working daysWire Transfer$1003-7 working days (Depends on EU/NON-EU countries)Razorpay$205-7 working days
South Africa
5-10 years
Chris4642
Hong Kong
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.
Exposure
2024-04-25