XTrend - Overview of Minimum Deposit, Spreads & Leverage

Who is the XTrend？

Established in 2016, XTrend is owned and operated by Rynat Trading Limited with a registered Office and correspondence address in Cyprus. Rynat Trading Ltd is registered as a Cyprus Investment Firm (CIF) with the registration number HE344135. XTrend is currently authorized and regulated by the Cyprus Securities and Exchange Commission (registration no.303/16). Currently, XTrend offers trading solely in currency pairs, silver and gold. So another minor disadvantage of XTrend is that its offers could have been broader in term of tradable assets.

Minimum Deposit & Leverage

XTrend seems to offer a single account, with the minimum deposit of 50 USD. Default leverage at XTrend is 1:30, but actually, clients of the broker are able to use generous leverage up to 1:500, which will suit even the most aggressive trading styles. Yet, investors should remind that trading on margin involves higher risk of loss.

Spreads & Commissions

The spreads of XTrend announced on its websites seems quite narrow-averaged from 0.2 pips on EURUSD, plus a commission of $4 per side.

Deposit & Withdrawal

The payments method traders are allowed to deposit and withdraw from their account are Visa, Mastercard, Paypal, Bank transfer, Neteller and skill. All methods come with a minimum amount of 50 USD and a maximum amount of 50,000 USD.