Xtrend Speed Wiki

Xtrend & Xtrend Speed are both partner forex trading platforms. They currently deal in more than 170 countries with different trading products, including precious metals, cryptocurrencies, futures, and other financial instruments.

History

The Xtrend company was founded in 2016 but was launched in 2018 after two long years of research needed to develop it. The platform initiated its services with CFDs on Forex pairs in 2018 before adding CFDs on precious metals, gold and silver in 2019, and US Oil in 2020.

Xtrend Speed, the sister app, was launched after gaining its FSCA (South Africa) license approval in 2020. This sister app was geared to expand XTrend's reach into new markets and jurisdictions.

Description

Both sister apps offer the services of nano-trading and provide user-friendly market access to CFDs' investment in Forex, precious metals, cryptocurrencies, and other trading options across Europe. XTrend Speed also offers an exclusive membership program that gives the users further benefits of risk management capabilities on users' trading accounts, SMS alerts on market trends and priority customer service.

XTrend Speed is committed to innovating the online mobile trading experience by basing our design on a solution-based mindset, partnered with the introduction of multilingual customer service, real-time market surveillance, and daily market analysis.

Agglomeration information

Xtrend & Xtrend Speed are owned and operated by Rynat Trading Ltd, a 'Cyprus Investment Firm,' which is authorized and regulated by CySEC.

Headquarters and offices

XTRend and XTRend Speed's research and development office is located in Limassol, Cyprus, and their legal entities are registered and operate in Malaysia, China, and Cyprus. Their headquarters are located in South Africa.

Diversification

XTrend introduced its Social Trading feature, which assisted professional and novice traders in analyzing market trends in 2019. Using this feature, traders can follow the shared trading signals of other traders.

XTrend Speed added CFDs on WTI/US OIL at the beginning of 2020 and added CFDs on Indices in October 2020. They released their desktop version in 2019. In February 2022, the XTrendSpeed platform officially launched the MT4 software, and users can use the world's most popular trading software for free.

Awards

Xtrend & Xtrend Speed were recognized by the AtoZ Markets Forex Awards in 2020 and won the 'Best Mobile Broker of the Year.' In 2021, it was named the 'Best Mobile Forex Broker of the Year.' [9] It has also won 'Fastest Growing Online Forex Broker – Asia' 2022 and 'Best New Forex Trading Platform – Europe' 2022.

References