Global Broker Regulation Inquiry App
WikiFX
Sergey5 
1-2 years
Is XTrend regulated?
Broker Issues
Regulation
02-05
United States
WikiFX
Reply
Yes, XTrend is regulated by the Cyprus Securities and Exchange Commission (CYSEC). I found that the licensed entity is Rynat Trading Ltd, with a Market Maker (MM) license type and license number 303/16. As a trader, I prefer regulated brokers because it means they must follow fund segregation and transparency rules. Still, even with CYSEC oversight, I remind myself in my xtrend review to stay cautious.
Similar Questions
What are the advantages of trading with GUO FU Futures?
Rustam R
08-20
What are the pros of Webfox?
DoreenVanDenHeever
07-27
Is Travelex a trustworthy and reliable broker for trading purposes?
Interbank Trader
09-07
Which institution regulates BotBro?
Ashraf20
07-12
Is World Forex a legit broker?
MarceloD
08-01