Score
XTrendSpeed
South Africa|2-5 years| https://www.goxtrend.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
United States 2.64Contact
Licenses
Licensed Institution：Rynat Capital (Pty) Ltd
License No.：23497
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
South Africa
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Website
goxtrend.com
Server Location
Germany
Website Domain Name
goxtrend.com
Server IP
47.254.154.240
Company Summary
| Feature | Information |
| Company Name | XTrendSpeed |
| Registered Country/Area | South Africa |
| Founded Year | 2-5 years |
| Regulation | FSCA (suspicious clone) |
| Tradable Assets | Forex, Commodities,Indices,Shares |
| Trading Platforms | STrader and MetaTrader4 |
| Customer Support | Email at support@xtrendspeed.com |
What is XTrendSpeed？
XTrendSpeed is a forex and Contracts for Difference (CFD) broker that allows you to trade a variety of financial instruments including currencies, stocks, commodities, and indexes.They offer over 280 markets to trade on STrader and MetaTrader 4.
However, you should notice that the official website of XTrendSpeed, https://www.goxtrend.com/ is currently encountering functionality problems.
Regulatory Status
XTrendSpeed is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with license number 23497. However, there seems to be a note of it being a suspicious clone.
Pros & Cons
| Pros | Cons |
| N/A | Website Issues |
| Suspicious Clone |
Website Issues: The official website of XTrendSpeed, https://www.goxtrend.com/, is currently encountering functionality problems. This can be a significant drawback as it hinder users' ability to access essential information, trade, or engage with the platform effectively.
Suspicious Clone: There are concerns about XTrendSpeed being labeled as a suspicious clone. This implies doubts or suspicions regarding the legitimacy or authenticity of the platform. Such concerns can lead to mistrust among potential users and raise questions about the security and reliability of the services offered by XTrendSpeed.
Customer Service
XTrendSpeed offers customer support via email at support@xtrendspeed.com.
Conclusion
XTrendSpeed is a forex and CFD broker with a variety of trading options (including currencies, stocks, and commodities) on their own platform or the popular MetaTrader 4.
However, the current functionality issues with its official website, coupled with concerns about being labeled a suspicious clone, are significant disadvantages. It's crucial for individuals to carefully weigh these drawbacks against any potential benefits before considering engagement with XTrendSpeed.
Frequently Asked Questions (FAQs)
Question: What can I trade on XTrendSpeed？
Answer: XTrendSpeed offers a wide selection of over 280 markets to trade, including popular options like Apple stock, USOIL (oil), and the TECH100 index.
Question: Is XTrendSpeed safe to use？
Answer: XTrendSpeed claims to be a regulated broker, which offers a layer of security. However, there seems to be a note of it being a suspicious clone.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
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