XTrend Journal

Journal status: live
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XTrend Profile
Website
Year
2018
Country
Cyprus
Branches
1
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, FCA UK
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Bahamas, Belgium, Bosnia and Herzegovina, Botswana, Canada, Cuba, Ethiopia, Ghana, Guyana, Iran, Iraq, Israel, Laos, North Korea, Pakistan, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, US, Vanuatu, Yemen
Broker type
MM
Dealing book
A+B hybrid book
Tier
3
Execution speed
0 ms
LPs total
1
LPs quality
Other
LPs names
Rynat Trading

XTrend Accounts
MM
Minimum Deposit
50 $
Leverage
300 : 1
Minimum Lot
0.001 lots
EURUSD spread
2 pips
Commission
0 $/lotRT
Volume
200 lots
Margin Call
80 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, PayPal, Neteller, Skrill, Klarna
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is XTrend safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: CySEC Cyprus
  • Registration: CySEC Cyprus, FCA UK
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is XTrend trusted?

  • Information transparency: high ★★★★★
  • Customer service: virtually non-existent
  • XTrend website: semi-detailed, updated ★★★
  • XTrend popularity (by visitor count): low visits ★★

How XTrend works



5. Execution Venues
5.1. The Company acts as a principal and not as an agent on the Client’s behalf and, therefore, the Company is the sole Execution Venue for the execution of Clients’ orders in financial instruments provided by the Company. This means that the client must open and close every trade with the Company and cannot close an open trade with a third party.

9.5. Abusive trading:
(c) scalping trade or placing and closing orders or entering into positions for an arbitrarily short period of time;

1.1. The Company offers negative balance protection (the “NBP”) for all Clients, regardless of their categorization (e.g. Retail or Professional). This means that in any event the Client will not lose more than the deposited amount.


11.4. The Client accepts that Company acts as principal and not as agent on the client’s behalf for all trades in the instruments provided by the Company and, therefore, is the only execution venue of the clients’ orders. All orders and trades entered through company’s trading platforms are NOT executed on a Trading Venue (Regulated Market, Multilateral Trading Facility or on an Organised Trading Facility) but they are executed by the Company. Therefore, the Client may be exposed to greater risks than trading on a Trading Venue. Although we may transmit Client orders for execution to third-party liquidity providers through the Client Trading Platform.



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