XTrend Speed Scam?

If you want to invest in cryptocurrency without investing much money, you can try XTrendSpeed. It allows you to invest as little as $5. Each lot costs about $2. This makes it accessible to almost anybody. Moreover, the company offers a free platform where you can ask questions.

XTrend Speed is a cryptocurrency trading broker.

XTrend Speed is a crypto trading broker that offers a wide range of deposit and withdrawal options. The brokerage accepts several major payment systems, including Neteller and PayPal. It also offers wire transfers. It also offers 24/7 technical support for cryptocurrency and other assets. Moreover, the company offers a service where you can earn commissions by referring others to use their services. The company requires only an email address to register with them.

CySEC regulates the brokerage. This means that it follows strict rules to ensure the safety of its clients. It also ensures that it has separate accounts for each client. Furthermore, its negative balance protection will not allow its clients to lose more than what is in their accounts. As a result, XTrend is a trustworthy crypto trading broker.

It offers a low investment threshold.

XTrendSpeed is a CFD trading platform that has become very popular in more than 170 countries. It provides CFD trading in stocks, indices, cryptocurrencies, and foreign exchange. It has won several awards for being one of the best mobile brokers. In addition, its low investment threshold makes it an appealing option for people with small budgets. The platform’s analysts offer free training and tips to help you get started.

The MT4 mobile application is very user-friendly. It provides charts, news, quotes, and account balance information. There are also versions available for iOS and Android. Despite the low investment threshold, the MT4 app features numerous bonuses, which may make it an ideal choice for novice traders.

It offers low spreads.

XTrend Speed broker offers varying levels of trading leverage. Retail traders can apply maximum leverage of 1:30. In contrast, professional traders can apply higher leverage of up to 1:300. Moreover, the brokerage offers floating spreads, which fluctuate based on the liquidity in the market. For example, the EUR/USD spread is only 0.4 pips, while the spread for USD/JPY is 1.2 pips.

Another flaw with XTrend Speed is that it does not offer any fundamental stats, additional tools, or a trading guide. The website has a glossary and educational material, but it does not amount to a complete course in trading.

It offers mobile trading.

The trend Speed broker is a popular choice among traders, offering mobile trading for iPhones, iPads, and Android devices. The broker accepts credit and debit cards and other bank payment systems. It also offers technical and customer support around the clock. There is a small withdrawal fee, which varies depending on the bank. The minimum withdrawal amount is $10. This broker also offers an affiliate link service, which can provide partial compensation for spreads in the future. Users need to provide an email address to register and verify their accounts.

The trend Speed broker claims to be regulated by the Financial Services and Markets Authority (FSCA). However, this is just a clone license. The company offers to trade in indices, stocks, forex, cryptocurrencies, and commodities. Moreover, the minimum deposit amount is just $5. The platform claims to have a good customer support team, but the real question is how you can contact them.