Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
XTrend Speed Pros & Cons
- Low start deposits. The entry threshold is from $10 for XTrend Speed and $50 for the mobile XTrend platform.
- Popular MT4 platform for active traders. Simple mobile platform functionality. Perfect for novice investors who do not practice active trading.
- There is social trading with strict requirements for signal providers.
- The leverage is up to 1:300.
- Compliance with client service rules with the European MiFID II Directive requirements. Segregated accounts and an insurance fund.
- Withdrawal commission.
- The website doesn’t provide all the information you need to understand the trading terms and advantages of the broker.
- Registration and communication with the Support Service are required.
XTrend Speed is a classic broker providing CFD trading services for all major types of financial assets. The company works with traders from over 170 countries. The regulator of XTrend Speed is FSCA 23497 (South Africa), and CySEC (303/16) is the regulator of Xtrend's subsidiary, which represents the mobile platform Micro Trading.
TU Expert Verdict
XTrend Speed carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
XTrend Speed User Reviews
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3-star
27%
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33%
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40%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria9 /10The trading and non-trading commissions of XTrend Speed have been analyzed and rated as having Low fees, with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- Withdrawal fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of XTrend Speed with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, XTrend Speed’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
XTrend Speed Standard spreads XTrend Speed OANDA FOREX.com EUR/USD min, pips 0.1 0.1 0.7 EUR/USD max, pips 0.4 0.5 1.2 GPB/USD min, pips 0.2 0.1 0.9 GPB/USD max, pips 0.4 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
XTrend Speed RAW/ECN spreads XTrend Speed OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.1 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with XTrend Speed. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
XTrend Speed Non-Trading Fees XTrend Speed OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0.2-1 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is XTrend Speed Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria6.8 /10XTrend Speed has a safety score of 6.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 10 years
- Not tier-1 regulated
XTrend Speed Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level FSCA SA
Full Name Financial Sector Conduct Authority of South Africa Country of regulation South Africa Investor Protection Fund No specific fund Regulation Level Tier-2 XTrend Speed Security Factors Foundation date 2016 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4.2 /10XTrend Speed offers the following account options: Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Standard account with balanced trading conditions
- Low minimum deposit
- Tight spread ECN account
- No Cent account
- No VIP account option
XTrend Speed account types vs top competitors XTrend Speed Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo NoYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNoXTrend Speed accounts trading conditions
XTrend Speed offers 2 types of accounts —according to the platform types. The differences between the accounts are in the approach to calculating the transaction volume and in the capabilities of the platforms. MT4 is superior to STrader in terms of technical components and STrader is more suitable for passive investing.
Types of accounts:
Account Type Description МТ4.Lot 0.01, the size of the contract is determined by the specification. It is allowed to open any number of accounts. STrader Lot is from 2 USD. It is allowed to open only one account. Demo accounts are available for both terminals.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7.5 /10XTrend Speed received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
XTrend Speed provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bitcoin (BTC) accepted
- Bank wire transfers available
- No deposit fee
- USDT (Tether) supported
- BTC not available as a base account currency
- Only major base currencies available
- Withdrawal fee applies
What are XTrend Speed deposit and withdrawal options?
XTrend Speed provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Skrill, Neteller, BTC, USDT, Ethereum.
XTrend Speed Deposit and Withdrawal Methods vs Competitors XTrend Speed Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal YesNoYesWise NoNoNoBTC YesNoNoWhat are XTrend Speed base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. XTrend Speed supports the following base account currencies: USD, EUR, GBP.
What are XTrend Speed's minimum deposit and withdrawal amounts?
The minimum deposit on XTrend Speed is $10, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact XTrend Speed’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6 /10XTrend Speed provides a standard range of trading assets in line with the market average. The platform includes 600 assets in total and 30 Forex currency pairs.
- 600 assets for trading
- Copy trading platform
- Indices trading
- No ETFs
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by XTrend Speed with its competitors, making it easier for you to find the perfect fit.
XTrend Speed Trading.com Plus500 Currency pairs 30 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 600 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products XTrend Speed offers for beginner traders and investors who prefer not to engage in active trading.
XTrend Speed Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading YesNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at XTrend Speed by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10We successfully registered an account with XTrend Speed in 10 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at XTrend Speed is $10. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Fully online account opening process
- Account approval may require extra time depending on the documentation.
XTrend Speed account opening XTrend Speed Trading.com Plus500 Online Registration YesYesYesMinimum deposit $10 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 10 20 KYC time (days) 2 2 3 Is XTrend Speed available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
Before opening an account with the XTrend Speed broker, check about the possibility of using an affiliate link with the client service. The service is free, and with its help, you can get partial compensation for spreads in the future.
Algorithm of account opening at XTrend Speed broker:
On the XTrend Speed website, select the tab with the same name in the Trade tab in the top menu. Click the "Open Account" button.
Enter your email address and password. No confirmation is required for registration, but maybe an email will be needed for verification.
XTrend Speed account functionality:
- Opening accounts in MT4 and STrader platforms.
- Manage transactions, including deposits, withdrawals, and viewing history..
Also in the user account you will have access to:
- Basic profile information management and verification.
- Social trading analytics (available only after installing the STrader platform).
- Access to the archive files of platforms for all types of OS.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria6.8 /10XTrend Speed received a score of 6.8/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- One-click trading
- Free VPS for uninterrupted trading
- Trading bots (EAs) allowed
- MetaTrader is available
- No access to API
- No access to a proprietary platform
- No access to cTrader and its advanced tools.
Supported trading platforms
XTrend Speed supports the following trading platforms: MT4, MT5, WebTrader. This selection covers the basic needs of most retail traders. We also compared XTrend Speed’s platform availability with that of top competitors to assess its relative market position.
XTrend Speed Trading.com Plus500 MT4 YesNoNoMT5 YesYesNocTrader NoNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey XTrend Speed’s trading platform features
We also evaluated whether XTrend Speed offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading YesScalping NoSupported indicators 10 Tradable assets 600 Additional trading tools
XTrend Speed offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
XTrend Speed trading tools vs competitors XTrend Speed Trading.com Plus500 Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoYesNoAPI NoNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. YesNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria5.4 /10XTrend Speed supports mobile trading, offering dedicated apps for both iOS and Android. XTrend Speed received 5.4/10 in this section, which suggests limited user interest or weak performance of the apps.
- Indicators supported
- Supports mobile 2FA
- Mobile alerts not supported
- Weak user feedback on iOS
We compared XTrend Speed with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
XTrend Speed Trading.com Plus500 Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 5,000,000 50,000 10,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 0 4.8 4.7 Google Play score 3.8 4.7 4.4 Mob. 2FA YesYesYesMob. Indicators YesYesYesMob. Alerts NoYesYes -
Customer Support
Score:We evaluated Customer Support at XTrend Speed by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.5 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
InformationQuestions related to cryptocurrency trading are answered 24/7. Technical questions and questions related to other assets are answered 24/7, except on holidays and weekends.
- You can ask questions about cryptocurrencies any day
- There may be a delay in response times
The broker provides the following communication channels:
- Email.
- Social networks.
- Chat line on the broker’s website.
All communication channels are available to everyone, and registration is not required.
Contacts Foundation date 2016 Registration address 17 Midas Avenue, Olympus, Pretoria Gauteng, South Africa, 0081 Regulation FSCA SA Licence number:
FSP 23497Official site https://www.xtrendspeed.com/ Contacts support@xtrendspeed.com
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FAQs
Is XTrend Speed a regulated forex broker and how safe is it for traders?
XTrend Speed is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, which is classified as a Tier-2 regulator, and it has a safety score of 6.8/10, corresponding to a medium security level. The broker offers negative balance protection and requires KYC verification, but it is not Tier-1 regulated and there is no specific investor compensation fund mentioned in the review.
How low are the trading commissions and non-trading fees at XTrend Speed?
According to the review, XTrend Speed has low overall fees with a commissions score of 9/10, featuring tight EUR/USD spreads of about 0.1–0.4 pips on Standard accounts and an ECN commission of $2 per lot with average EUR/USD and GBP/USD spreads of 0.1 pips. Non-trading fees include no deposit or inactivity fees, while withdrawal fees range from 0.2% to 1% depending on the method.
What types of trading accounts does XTrend Speed offer and what are the main differences?
XTrend Speed provides Standard and ECN/Raw spread accounts, with trading available via MT4 and STrader platforms, and demo accounts are available for both terminals. The MT4 account uses a 0.01 lot size with contract size defined by instrument specifications and allows multiple accounts, while STrader uses a lot from 2 USD and allows only one account; the broker does not offer Cent, Micro, VIP, swap-free, or managed accounts according to the review.
What markets and instruments are available for trading with XTrend Speed according to reviews?
The review states that XTrend Speed offers 600 tradable assets, including 30 Forex currency pairs, stocks, commodity futures, and stock indices. It does not provide trading in bonds, ETFs, options, or cryptocurrencies, but it does support copy trading as an additional investment option.
How do reviews describe the account opening process and verification at XTrend Speed?
Based on available user reviews in the section, the account opening process at XTrend Speed is fully online, with registration taking about 10 minutes and KYC verification typically completed within 2 business days, and the minimum deposit is $10. The review notes that while onboarding is described as accessible and relatively fast, account approval time may vary depending on the documents provided.
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