GENERAL INFORMATION AND REGULATIONS
Established In 2016, XTrend Is Owned And Operated By Rynat Trading Limited With A Registered Office And Correspondence Address In Cyprus. Rynat Trading Limited Is Registered As A Cyprus Investment Company (CIF) With Registration Number 344135 And Is Currently Authorised And Regulated By The Cyprus Securities And Exchange Commission (registration Number 303/16).
Market Instruments
Right Now, XTrend Only Offers Trading In Currency Pairs, Silver And Gold. So Another Minor Drawback XTrend Could Have Been Quoted More Widely In Terms Of Tradable Assets.
XTrend Minimum Deposit
XTrend Seems To Offer A Single Standard Account With A Minimum Initial Deposit Of $50, Which Sounds Reasonable To Most Average Traders. Traders Who Want To Open An Account Need To Register Their General Information By Filling Out The Form Below.
XTrend Leverage
The Default Leverage For XTrend Is 1:30, But In Reality, The Broker's Clients Can Use Generous Leverage Of Up To 1:500, Which Is Suitable For Even The Most Aggressive Trading Styles. However, Investors Should Be Reminded That Margin Trading Involves A Higher Risk Of Loss.
Spreads And Commissions
Transaction Costs For All Instruments For XTrend Need To Be Factored Into The Spread And Commission. For Example, The Average Spread For EUR/USD Is 0.2 Pips And The Commission Per 100 Units Is $0.04; The Average Spread For EUR/CAD Is About 1.3 Pips And The Commission Per 200 Units Is $0.06. The Spread For XAU/USD Is About 0.07 Pips And An Additional $0.40 Per 1 Unit Is Charged; The Spread For XAG/USD Is About 0.005 Pips And The Commission Per 50 Units Is $0.40.
Trading Platform
Trading XTrend Is Done Via Mobile Phone Only. The Broker Has Developed Its Ios And Android Trading Apps That Are Trader-centric. However, The Lack Of MT4 Platform Is Still A Big Drawback For This Broker As Mt4 Is The First Choice For Most Traders, Beginners And Professionals As It Offers A Perfect Trading Environment And Powerful Features.
Deposit And Withdrawal
The Payment Methods That Allow Traders To Deposit And Withdraw Money In Their Accounts Are Visa, Mastercard, Paypal, Bank Transfer, Neteller And Skill. The Minimum Amount For All Methods Is $50 And The Maximum Amount Is $50,000.
