XTrend Speed

6.1 / 10 Overall Score

Website: https://www.xtrendspeed.com/en-US
Jurisdiction: South Africa
Operating Since: 5-10 years
Regulatory Status: N/A

Score Breakdown

Business
Software

Company & Contact

Legal Name: Rynat Capital (Pty) Ltd
Phone: —
Email: support@xtrendspeed.com
Address: 17 Midas Avenue, Olympus Dr, Pretoria, 0081, South Africa

License Info: [{"监管状态": "CYSEC Unverified", "牌照信息": "Cyprus Market Maker (MM)"}, {"监管状态": "FSCA Unverified", "牌照信息": "South Africa Financial Service Corporate"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# XTrend Speed Company: A Comprehensive Overview

## 1. Company Overview

XTrend Speed company operates as a forex and CFD broker, providing trading services across a range of financial instruments including currencies, stocks, indices, commodities, and cryptocurrencies. Founded in 2016, XTrend Speed is managed by Ryn At Capital (Pty) Ltd, which is registered as an authorized financial service provider in South Africa.

The company is headquartered in Johannesburg, South Africa, and serves clients from over 170 countries and regions. XTrend Speed has positioned itself as a competitive player in the online trading sector, claiming to have attracted over 100 million users globally.

## 2. Corporate Development

Since its inception, XTrend Speed has experienced significant growth, with notable milestones including the rapid increase in user acquisition, reportedly reaching over 10 million users. The company has also engaged in partnerships, such as becoming the official online trading partner of the Serie A club ACF Fiorentina.

XTrend Speed has received various awards, including recognition as the "Best Mobile Broker of the Year" for two consecutive years (2020-2021), and has been ranked among the top 10 trading apps globally.

## 3. Corporate Structure and Subsidiaries

XTrend Speed is operated under the umbrella of Ryn At Capital (Pty) Ltd, which holds the rights to the brand. The company appears to have a straightforward corporate structure focused on providing trading services through its primary platform and associated applications.

While specific details regarding leadership and internal organization are limited, the company's operational divisions include trading services, customer support, and marketing.

## 4. Regulation and Compliance

XTrend Speed is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, holding the license number 23497. This regulatory oversight is essential for ensuring compliance with local financial laws and providing a level of protection to clients.

Client funds are protected through segregation, meaning that they are held in independent international banks separate from the company's operational funds. Additionally, assets are insured by Priority Professional Indemnity (PPI) from the New National Assurance Company, enhancing the security of client investments.

## 5. Global Presence and Market Coverage

XTrend Speed serves a diverse international market, with clients from over 170 countries. The company does not specify local branches or representative offices, but it emphasizes its global reach through its online trading platform.

The firm targets a broad demographic, focusing on both novice and experienced traders looking for competitive trading conditions and access to a wide range of financial instruments.

## 6. Financial and Operational Data

While specific financial data is not disclosed publicly, XTrend Speed claims to have a substantial operational scale, with over 100 million users and a reported daily client increase of over 23,000. The platform has achieved a capital turnover exceeding $320 million.

The company invests in technology and infrastructure to support its trading platforms, including the popular MetaTrader 4 (MT4) and its proprietary Strader platform, which emphasizes mobile trading.

## 7. Reputation and Industry Standing

XTrend Speed's reputation within the forex and financial community is mixed, with some reviews praising its user-friendly interface and trading conditions, while others raise concerns about withdrawal issues and customer support quality. The company has received a 4.8 rating on Trustpilot, but there are also reports labeling it as a potential scam, indicating a need for caution among prospective clients.

The company has engaged in partnerships with various entities, enhancing its visibility in the market. However, the overall credibility and long-term reputation are subject to scrutiny given the contrasting reviews.

## 8. Summary

XTrend Speed company operates as a regulated forex and CFD broker under Ryn At Capital (Pty) Ltd, with a significant global presence and a focus on mobile trading. While the company has achieved notable growth and recognition in the industry, potential clients should be aware of the mixed reviews and concerns regarding operational integrity. The regulatory framework under the FSCA provides a level of security for clients, but the company's reputation warrants careful consideration before engaging in trading activities.

Account Types

# XTrend Speed Account Types

XTrend Speed offers a variety of account types tailored to different trading preferences. Below is a summary of the available account types:

| Account Type | Minimum Deposit | Spreads/Commission | Leverage Limits | Trading Instruments | Base Currencies | Execution Model | Unique Features |
|--------------|-----------------|---------------------|------------------|---------------------|------------------|------------------|------------------|
| MT4 Account  | $10             | Variable spreads     | Up to 1:300      | Forex, commodities, indices, stocks, cryptocurrencies | USD, EUR, and others | Market Maker     | Supports custom indicators and algorithmic trading |
| Strader Account | $50          | Variable spreads     | Up to 1:300      | Forex, commodities, indices, stocks, cryptocurrencies | USD, EUR, and others | Market Maker     | Emphasizes social trading; limited to one account per user |

Both account types allow traders to access over 150 assets and include demo accounts for practice.

# XTrend Speed Broker Account Opening Process

To open an account with XTrend Speed, follow these steps:

1. **Visit the Account Registration Page**: Go to the XTrend Speed website and navigate to the account registration section.
2. **Fill in Personal Information**: Provide necessary details such as your email address and mobile number. Create a password for your account.
3. **Complete KYC Verification**: Submit identification documents as part of the Know Your Customer (KYC) process. This may include a government-issued ID and proof of address.
4. **Deposit Funds**: Make the minimum deposit using available payment methods such as bank transfer, PayPal, Skrill, or credit/debit cards.
5. **Approval Time**: Account approval typically occurs within a short period, allowing users to start trading quickly.
6. **Access Trading Platforms**: After registration, users can access the trading platforms offered by XTrend Speed, including the MT4 and Strader platforms.

No specific steps for demo or professional accounts were provided.

Deposit & Withdrawal

# XTrend Speed Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## XTrend Speed Minimum Deposit Explained

The minimum deposit required to start trading with XTrend Speed is **$50**. This relatively low entry point makes the platform accessible for a wide range of traders, from beginners to more experienced individuals looking to explore new trading opportunities.

### Account-Type Comparison

XTrend Speed offers different account types, each catering to various trading styles and preferences. While the specific features of each account type are not extensively detailed, it’s important to note that the minimum deposit remains consistent across account types.

### Regional Differences

There may be slight variations in the minimum deposit requirements based on the trader's region, but generally, the $50 minimum applies broadly.

### Advantages
1. **Low Minimum Deposit**: At just $50, it allows new traders to enter the market without significant financial commitment.
2. **Accessibility**: The low entry point encourages participation from a diverse range of traders.
3. **Multiple Account Types**: Traders can choose from various account types to suit their trading strategies.
4. **Regulatory Compliance**: XTrend Speed operates under regulatory frameworks, providing some level of security for funds.

### Disadvantages
1. **Limited Information**: There is insufficient detail on the specific benefits of different account types.
2. **Potential Fees**: While the minimum deposit is low, withdrawal fees can add up, impacting overall profitability.
3. **Basic Platform Features**: The platform may lack advanced trading features that more experienced traders seek.

### Competitor Comparison

In comparison to other brokers, XTrend Speed’s minimum deposit requirement is competitive. Many brokers require a higher initial investment, often ranging from $100 to $500, making XTrend Speed an attractive option for budget-conscious traders.

## XTrend Speed Deposit Methods Comprehensive Guide

XTrend Speed supports a variety of deposit methods, providing flexibility for traders. Here’s a breakdown of the available methods:

### 1. Bank Transfer
- **Processing Time**: 1-3 business days
- **Fees**: Typically free, but may vary by bank
- **Availability**: Globally
- **Limits**: Minimum $50, no maximum limit specified
- **Pros**: Secure and widely accepted method.
- **Cons**: Slower processing time compared to other methods.

### 2. Credit/Debit Cards
- **Processing Time**: Instant
- **Fees**: Usually free
- **Availability**: Globally
- **Limits**: Minimum $50, with a maximum based on card limits
- **Pros**: Quick and convenient for immediate trading access.
- **Cons**: Some cards may incur international transaction fees.

### 3. E-Wallets (Skrill, Neteller, PayPal)
- **Processing Time**: Instant
- **Fees**: Generally free, though e-wallets may charge fees for transactions
- **Availability**: Globally, but may vary by region
- **Limits**: Minimum $50, maximum subject to e-wallet limits
- **Pros**: Fast processing and added security.
- **Cons**: E-wallets may have their own fees.

### 4. Local Payment Options (Sofort)
- **Processing Time**: Instant
- **Fees**: Up to €15 for withdrawals
- **Availability**: Primarily in Europe
- **Limits**: Minimum $50
- **Pros**: Convenient for European traders.
- **Cons**: Limited availability outside Europe.

### Supported Currencies and Recommended Methods

XTrend Speed supports multiple currencies, including USD, EUR, and GBP. For traders looking for speed and convenience, using credit/debit cards or e-wallets like PayPal or Skrill is recommended due to their instant processing times.

## XTrend Speed Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log in** to your XTrend Speed account.
2. Navigate to the **Deposit** section.
3. Select your preferred **payment method** from the available options.
4. Enter the **deposit amount** (minimum $50).
5. Follow the prompts to complete the transaction.

### Mobile vs Web Differences

Both mobile and web platforms provide a similar deposit process. However, the mobile app may offer a more streamlined interface for quick transactions.

### KYC Notes and Common Issues with Solutions

To comply with regulations, XTrend Speed may require KYC (Know Your Customer) documentation. Common issues include:
- **Delayed Verification**: Ensure documents are clear and legible.
- **Incorrect Information**: Double-check all entered details before submission.

### Typical Fund Crediting Times

Deposits via credit/debit cards and e-wallets are typically credited instantly, while bank transfers may take 1-3 business days.

## XTrend Speed Withdrawal Methods Overview

XTrend Speed offers several withdrawal methods, each with its own processing times, fees, and limits.

### 1. Bank Transfer
- **Processing Time**: 3-5 business days
- **Fees**: May incur bank fees up to $50
- **Limits**: Minimum withdrawal is $10
- **Pros**: Secure method for larger amounts.
- **Cons**: Longer processing times and potential fees.

### 2. Credit/Debit Cards
- **Processing Time**: 3-5 business days
- **Fees**: Typically none
- **Limits**: Minimum withdrawal is $10
- **Pros**: Familiar method for many users.
- **Cons**: Withdrawal limits may apply based on card issuer.

### 3. E-Wallets (Skrill, Neteller, PayPal)
- **Processing Time**: 1-3 business days
- **Fees**: Up to 3.5% of the withdrawal amount
- **Limits**: Minimum withdrawal is $10
- **Pros**: Fast and convenient.
- **Cons**: Fees can impact the total amount received.

### 4. Local Payment Options (Sofort)
- **Processing Time**: 1-3 business days
- **Fees**: Up to €15 for withdrawals
- **Limits**: Minimum withdrawal is $10
- **Pros**: Convenient for European users.
- **Cons**: Limited availability outside Europe.

### Recommended Options by Cost and Speed

For cost-effective and speedy withdrawals, e-wallets are generally recommended due to their faster processing times and lower fees compared to bank transfers.

## XTrend Speed Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log in** to your XTrend Speed account.
2. Go to the **Withdrawal** section.
3. Select your preferred **withdrawal method**.
4. Enter the **withdrawal amount** (minimum $10).
5. Confirm the withdrawal request.

### ID Verification Requirements

To process withdrawals, XTrend Speed may require verification of your identity. Ensure that all documents submitted are up to date and match the account details.

### Expected Fund Arrival Time

Funds typically arrive within 1-5 business days, depending on the chosen withdrawal method.

### Typical Delay Reasons and Fixes

Common reasons for delays may include:
- **Incomplete Verification**: Ensure all KYC documents are submitted.
- **Bank Processing Times**: Allow for additional time if using bank transfers.
- **Technical Issues**: Contact customer support for assistance if issues persist.

## FAQs – XTrend Speed Deposits & Withdrawals

### What is the minimum deposit for XTrend Speed?
The minimum deposit for XTrend Speed is **$50**.

### How long do withdrawals take?
Withdrawals typically take **3-5 business days**, depending on the method used.

### Are there fees for deposits or withdrawals?
Yes, withdrawal fees can be up to **3.5%** of the withdrawal amount, while deposits are generally free.

### Can the same method be used for both?
Yes, you can use the same method for both deposits and withdrawals, provided it is supported by XTrend Speed.

### Are crypto or local methods supported?
XTrend Speed does not currently support cryptocurrency deposits or withdrawals, but local payment methods like Sofort are available primarily for European users.

XTrend Speed

XTrend Speed

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Company & Contact

In-Depth Broker Review

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