About XTEND TRUST
Overview
XTEND TRUST is a forex and CFD broker registered in the United Kingdom, founded on 1 July 2024. The broker operates the website xtendtrust.com and offers retail trading services with a focus on low minimum deposits and high leverage. As of the time of this review, the broker holds no regulatory licences from any known financial authority, which is a significant factor for traders to consider.
Company Background
The broker is registered at Office 32B 182-184 High Street North Area 1/1, East Ham, London, E6 2JA, UK. It was established in mid-2024, making it a relatively new entrant to the forex brokerage space. The company’s website features an Instagram social media link but no other significant public presence outside its own domain.
Regulation and Licensing
XTEND TRUST has no regulatory licences on file with any major authority such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC). The absence of regulation means traders are not covered by any investor compensation scheme or ombudsman, and the broker is not subject to mandatory client fund segregation or reporting requirements.
Account Types
The broker offers four account types: DEMO (min deposit $0, max leverage 1:500), PRO (min deposit $15, max leverage 1:500), SUPER (min deposit $15, max leverage 1:500), and RAW (min deposit $15, max leverage 1:500). All live accounts share the same maximum leverage of 1:500 and have extremely low minimum deposit requirements. The DEMO account allows for risk-free practice. The RAW account is advertised with a spread of $1.3 and no commission or swap fees, while details on the other accounts are limited on the website.
Platform and Instruments
The broker’s website mentions trading forex with 'competitive spreads' and 'lightning-fast execution,' but does not specify the trading platform (e.g., MetaTrader 4/5, cTrader) or the exact number of instruments available. Placeholder figures on the markets page suggest currency pairs and active trader counts are not yet finalised. There is no mention of indices, commodities, or cryptocurrencies at this time.
Deposits and Withdrawals
XTEND TRUST promotes 'instant withdrawals' and fast processing, though no specific payment methods are listed on the site. The contact page provides an email, a UK phone number (+44 7457 411762), and an office location. Traders would need to contact support for details on funding options such as bank transfers, credit cards, or e-wallets.
Target Audience
With its low minimum deposits ($15) and high leverage (1:500), XTEND TRUST appears aimed at retail traders, including beginners who wish to start with small capital, as well as more experienced traders seeking high leverage. The presence of a copy trading service and an IB program also suggests targets include passive investors and introducing brokers.
Overview compiled by FXCanary from regulatory records and public data. full XTEND TRUST review