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.
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