XTrend Review
XTrend in a nutshell
XTrend is a Cyprus-based retail forex and CFD broker regulated by CySEC, carrying a low FXCanary scam risk score of 16/100. Its transparent licensing, segregated client funds, and membership in the investor compensation fund provide a solid safety net. However, potential clients should be aware of the high loss rate (67%) among retail traders and the limitations of leverage under EU rules.
FXCanary rates XTrend at 16/100 scam risk (Low risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Regulated trading with CySEC oversight
- Traders seeking a proprietary mobile app
- Access to multiple asset classes in one account
Cons
- US and other restricted jurisdiction residents
- High-frequency scalpers due to standard spreads
- Traders requiring ultra-low spreads without commission
Regulation & licenses
Every licence on file for XTrend, as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| CYSEC | Market Making License (MM) | 303/16 | Regulated | Cyprus |
XTrend is a forex and CFD broker based in Cyprus, with records dating to 2019-05-31. It reports oversight from CYSEC.
FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.
On Trustpilot, XTrend holds a real-user score of 3.7/5 across 1 reviews. Withdrawal problems appear 5 times — always test a small withdrawal first.
Finally, beware of impersonation: we tracked 2 clone website(s) copying XTrend. Always reach the broker through its verified official domain, never via links in ads or messages.
What real traders report
Aggregated from 1 independent reviews across Trustpilot and Forex Peace Army.
- Platform & app · 2 mentions
- Withdrawals · 1 mentions
- Deposits & funding · 1 mentions
- Spreads & fees · 1 mentions
- Trust & reliability · 1 mentions
- Withdrawals · 2 mentions
- Customer support · 1 mentions
- Platform & app · 1 mentions
- Deposits & funding · 1 mentions
- Spreads & fees · 1 mentions
Scam-risk findings
- Authorised by Tier-1 regulator(s): CYSEC
- 3 user exposure/complaint reports filed
- Withdrawal complaints in ~100% of recent reviews
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.