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/10

TrendFX

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://www.trendfx78.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
TrendFX-Demo MT4
Server Location United States

Contact

destek@trendfx.com
https://www.trendfx78.com
https://www.facebook.com/trendfxcom
https://twitter.com/trendfxresmi

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

TrendFX Limited.

Company Abbreviation

TrendFX

Platform registered country and region

United Kingdom

Company website
Twitter
Facebook
Instagram
YouTube

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2023-12-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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TrendFX · Company Summary

General Information & Regulation

TrendFX, a trading name of TrendFX Limited., is allegedly a suspicious regulated forex and CFD broker registered in the UK that claims to provide its clients with over 90 tradable financial instruments with leverage up to 1:400 and variable spreads from 0.8 pips on the industry-standard MetaTrader5 trading platform, as well as a choice of two different account types and 24/7 customer support service.

Market Instruments

TrendFX advertises that it offers more than 90 investment assets in financial markets, including forex currency pairs, energy, Emtias and metals, cryptocurrencies and stock indexes.

Market

Account Types

Apart from two demo accounts, there are two real trading accounts offered by TrendFX, namely Standard USD and Diamond USD. However, the broker didnt reveal any information about the minimum initial deposit requirement.

Account

Leverage

TrendFX advertises on its home page that the maximum leverage is 1:400. However, from the information on the interface of “Account Types”, the available leverage ratio is 1:200. Anyway, inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads

TrendFX claims that the spread from 0.1 pips on its home page. However, from the information on the interface of “Account Types”, different account types can enjoy quite different spreads. In particular, the clients on the Standard USD account can experience spreads for EUR/USD pair from 1.0 pip, while the Diamond USD account can enjoy spreads from 0.8 pips.

Trading Platform Available

Platforms available for trading at TrendFX are MT5 Desktop and MT5 Mobile (iPhone, Android). In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading

Deposit & Withdrawal

TrendFX accepts deposits and withdrawals via credit cards, bank transfers, cash and Bitcoin. The minimum initial deposit requirement is said to be $50, while the first deposit requirement is $500.

Deposit

Bonuses

TrendFX claims to offer a free $30 bonus without a deposit, yet we cannot be sure if the bonus is available without any condition.

Customer Support

TrendFX‘s customer support can be reached by WhatsApp: +44 7863 421740, email: destek@trendfx.com, info@trendfx.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms such as Twitter, Facebook, Instagram, YouTube and Telegram. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

User Reviews

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FX1245234069
more than one year
There are always a lot of companies that come and go in the forex industry. I think the foreign exchange market is cruel to both traders and brokers. Only the strongest will survive.
2023-02-17 16:00
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Zez
more than one year
They kept charging me after I cancelled and now just ignoring me and blocked me. I just wanted to take the rest of my money in the trading account out! They are liars, cheaters! I hate these guys!
2022-12-05 14:42
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0
0
YYY61481
more than one year
TrendFX is an offshore company that is not subject to any regulation. It is not reliable at all and does not deserve your trust. Don't waste time on them, run away!
2022-12-05 10:38
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