About Forex Trend Company
Forex Trend Company has been providing a wide range of services for access to the world’s financial markets for over ten years. The company’s head office was located in the city of Dnipro.
Throughout its operation, the company offered opportunities for trading currency pairs and stock indices to both corporate traders and individuals to meet the needs of trading capital and investors. Forex Trend was registered in Auckland, New Zealand.
The company’s network included six offices in major cities of Ukraine, as well as representations in the Czech Republic and Slovakia. The company had a license for its activities issued by the Financial Service Providers Register.
The company offered four types of trading accounts:
- Account with a minimum deposit of $20
- ECN account with a minimum deposit of $200
- PAMM account
- PAMM Index account
Trading was conducted using a maximum leverage of 1:100, and spreads on major pairs were fixed and ranged from 0.4 pips.
As financial instruments, the company offered not only currency pairs but also oil, precious metals, and global stock indices. Trading was done using MetaTrader 4 platforms, including MT4 Mobile Smartphone Edition and MT4Mobile versions.
For beginners, the company provided the opportunity to use demo accounts with virtual funds. The company’s website was available in various languages, and user support was provided through forums, online chat, email, or phones.
The advantages of working with the company included:
- Automated trading
- Ability to use PAMM accounts
- Bonus programs
- High loyalty
- Provision of insider information
- Conducting various contests
To withdraw earned funds, the company offered various payment systems:
- WebMoney
- LiqPay
- Yandex.Money
- Qiwi
- Contact
- RBK-Money
- WebCreds
- To plastic cards
According to information from the Center for Regulation of Financial Instruments, Forex Trend Company was recognized as a scam project and blacklisted due to difficulties in fulfilling its obligations to clients. Therefore, it is recommended to refrain from investing in this company.