Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from Trendex review
About the broker
Web: | trendex.co |
License: | |
Supported languages: | English, Spanish and Russian |
Year of foundation: | 2019 |
Holder: | TRND HLDS Limited company |
Headquarters: | 14th floor, Cosco tower, 183 Queens road central, Hong Kong |
Methods of contacting customer support: | E-mail, phone, online chat |
Contact: | support@trendex.co +441216237843 |
Deposit methods: | Bank transfer, Debit and Credit Cards |
Withdrawal methods: | Bank transfer, Debit and Credit Cards |
About trading with Trendex
Minimum deposit: | 500 USD |
Min. trade: | 0.1 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:200 |
Spreads: | Look at the spread table - spread on the currency pair EUR/USD is 1..8 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (49), stocks (26), commodities (11), indexes, cryptocurrencies |
Base currencies: | USD, EUR, AUD |
Mobile app: | |
MetaTrader 4: | |
Social trading: |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at Trendex, of course you can find current info on their website trendex.co.
Spreads at Trendex on standard account*
EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
---|---|---|---|---|---|
1..8 | 2.0 | 1.8 | 2.4 |
* Spread was taken 17.09.2020 at 09:46 from the web or trading platform of Trendex.
Random reviews of competing CFD brokers: FirewoodFx, Aetos, OnlyTrades and SwedenCap
Frequently Asked Questions
🧐 Is Trendex a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if Trendex is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with Trendex is very simple, just register on their website.
📱 Does Trendex offer the best mobile app for trading?
Trendex offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the Trendex mobile app.
⚖️ Would you recommend me Trendex?
Trendex is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose Trendex as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
---|---|---|---|---|---|---|
100 USD | 1.0 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Etoro. | ||
0 | 0.9 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of XTB. | ||
100 USD | 0.8 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Plus500. |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 76% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with Trendex, please share it in the comments to help others to choose the suitable broker.
Trendex is an honest company and I am very glad to be convinced of this last week. You see, I am a newbie in trading and I was very worried that they had withdrawn money to my card without any problems. Everything happened as I wanted. I traded for a long time and when I requested a withdrawal of $ 2000, the next day I received my money. I was very glad. On that day, I realized that this was my new profession and I could quit my regular job.
I also want to say about some of the advantages of the Trendex broker for beginners. The good news is that it is not a complicated trading platform. Because if it was difficult to trade and do analysis, then I would hardly continue trading. There are also excellent spread conditions. I still do not quite understand how the spread appears, but it does not negatively affect my trading. I think it’s great!
0
We must always choose what we need. For example, Forex broker. I am a beginner trader and I want my career start to be easy. I was not advised a Trendex broker because it has a convenient trading platform and I can understand everything very quickly. You just need to open a Trendex demo account and explore everything. There are also excellent low fixed spreads from 0.5 pips. Spreads can increase at different times and novice traders lose money because they do not understand how it works.
To start here you need $ 500, but since a friend invited me, I was able to make a deposit of $ 250. This is a special offer from Trendex.
0
A modern broker with good quality services. I’m happy that they chose a normal trading platform here. Everything is in perfect order. I don’t have any complaints. And even slippage was not a problem for me, it almost never happens and does not cause any troubles.
In addition, I liked the signals, they are published here with enviable regularity, and they are all quite accurate. So I can use them even for a long term. I also want to remarks about the withdrawal of funds. If you will withdraw to the bank account, the minimum amount for withdrawal of $ 250, if the withdrawal to the card or e-wallet, then $ 100. In general, why does the broker works only with web version?
0
When I came to read the Trendex reviews I was pleasantly surprised. I used to be an entrepreneur and my company that I worked for many years closed down, all because unscrupulous competitors cheated me. I have been working with the Trendex broker for three years, during this time I withdrew the money many times. The company is not without problems, but it is a good company and the trading platform is easy and convenient.
0
I am new to forex, but I already have something to compare it with. For me, Trendex was a perfect match. The site interface is very uncluttered. It is a plus that I have everything at my fingertips. Another advantage is the good implementation on the trading accounts. I tried to use pips on the Bronze account for a long time and there were no serious delays with the execution, in comparing with other brokers. I have contacted the support department only 2 or 3 times, and that was because of issues not related directly to trading, unclear points about the deposit/withdrawal of funds, clarifications of the bonus program. Each time support service worked quickly and adequately.
0
I’m very glad that I discovered this brokerage company because it brought me a slew of benefits. First, that’s an excellent opportunity to trade with fixed spreads. I first learned about fixed spreads more than two years ago, but at that time I didn’t put much value to them. Perhaps, I didn’t find them advantageous enough.
However, later I stumbled on several article that managed to rekindle my interest in fixed spreads. The articles persuaded me that I needed to try fixed spreads, but I did it only with this broker. It’s never too late to try something.
Once I started to trade with this broker I realized that these spreads are very advantageous when it comes to trading during volatile sessions.
The second thing I like here is Webtrader. It’s probably the most convenient platform I have ever tried.
0
This company has many trading assets. I need currency pairs, it seems there are more than 50 of them here. It’s cool. In addition, you can trade with fixed spreads of 0.5. This is what I need for successful trading!
0
I can’t compare with other brokers, because I immediately opened an account with Trendex. My father insisted, since he himself has been trading for more than a year and wants to involve me in this business. He was also advised by a friend of this broker. I’m still a beginner, but I like the intuitive interface and the fact that all the information is in plain sight and you can quickly contact technical support. I like the terminal, you don’t need to install it on your computer. Everything is convenient, everything is at hand. Orders are closed and opened without delay. Does anyone know of a good fixed spread strategy?
I think that any news trading strategy will suit you. Because the fixed spreads do not widen during the news and you can make a lot of money.
Has anyone made a withdrawl yet?…what was your experience?
Ive invested a considerable amount in crypto with Trendex since April and Ive requested a withdrawal but Im told I need to pay the commission of thousands of dollars from my pocket, they cant take their commissions from the profit.
is this typical or am I being scamed?
Withdrawals are smooth and I also had your worries but everything went well
I find more advantages here than downsides. The broker is definitely scalper-friendly, if you know what I mean. Its spreads are not only fixed but also tight. It ensures very good trading conditions for a scalper and it’s especially true for the night period when fixed spreads look especially advantageous compared to floating ones. At night I mostly trade Asian as well as Pacific assets. These are the best assets for me.
0
This company has a pretty good reputation – and for good reason.
In fact, this is ensured by the fact that there is a clear status system, and I also really like the leverage, which grows as the capital increases – it’s an interesting approach.
The Trendex trading platform is a truly excellent European broker. This provides good quality trading conditions and fast order execution. This may be the envy of many brokers. You can make money without any problems. I’m already trading. There are 52 currency pairs and I usually use them .. well .. not all of course. ))
I made good money and want to withdraw to the card. Who has already withdrawn how much commission will I pay for withdrawing money to the card ??
If you withdraw money to a card, you pay a commission of $ 25 and a transaction commission $ 10..
I should confess that this broker greatly surprised me. I don’t want to say that it’s the first broker with fixed spreads in my life. I have been trading for five years and for this period I have certainly tried a great number of brokers including those providing fixed spreads. But what struck me is that this broker offers quite tight fixed spreads. As a rule, fixed spreads are very wide that makes them ill-suited for scalping. This broker does the opposite thing – it allows to scalp with tight and at the same time fixed spreads. So, when trading with such spreads you may not care about unexpected drawdowns typical to scalping and news trading with floating spreads.
But if you are a quick-witted guy, you should realize that nothing is given for free and everything has its own price. So, with this broker you can’t withdraw low amounts because a minimum withdrawable amount is relatively high here. This can be a problem for some traders. But I think that such great spreads pay off in the end.
0
I like the bonus system at Trendex – because it allows you to strengthen your capital by up to 50% at any time, and secondly you can manage to work out the bonus quite quickly here (with regular trading) and withdraw large volumes – it’s really cool.
It’s definitely worth a try.
0
What are the benefits of Trendex fixed spreads?
Working at Trendex is a long way to go and can lead you straight to normal profits and normal results.
And the main thing here is not to give up or be afraid of problems and just work on the result and your own profits.
I like the large asset portfolio, so you can practice on currency pairs, gold and stocks on a quarterly basis. It gives a wide perspective in fact.
So I recommend it wholeheartedly.
Nice broker
I cannot say that I have any complaints about Trendex, but I can say that this company really stands out favorably against the background of everything that I see on the modern market and pays more attention to its serious attitude to work, in business, trading – and this is certainly correct, because in this way people immediately take this area of investing seriously and really tune in to a lot of work, which, accordingly, leads to more profit. Of course I like it and that’s why I will recommend this company to everyone.
I’m intrigued by your trading conditions. Tight fixed spreads are what I need for my everyday scalping. Fixed and tight spreads are a very rare thing in the brokerage industry. As a rule, brokers offer to trade with floating spreads that are often advertized as very tight starting at 0 pips. But I know that they may suddenly widen, thus making my entry to the market very unfavorable. All it made me shift to fixed spreads.
But I have one question. Can I save on my first deposit? I heard that I can start with $250 if I follow a referral link. Is that true?
Yes, you can start with $250 if you register using a referral link.
A very good bonus system.
And the pay-off isn’t super big.
And it’s right that the bonus grows with the size of the capital – it makes the pay-off quicker and more obvious…
I have recently registered with your company. In general, I can say that I’m satisfied with trading here. The execution is fairly good. I can freely enter the market at the chosen quote. What’s more, I made several withdrawals to my credit card and received all the requested funds excluding the amount written off as a commission, of course.
Now I trade on news. I work with several major currency pairs such as EUR/USD, GBP/USD, USD/JPY, etc. Trading on news is the most intellectual and nervous type of scalping. But I want to try something more relaxed such as long-term trading. It may require more money, so I want to take bonuses. Could you tell me about bonuses? I want to know what bonus I can take for my gold account.