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Trendex

Trendex is a well-established forex broker that offers a wide range of trading options for investors. With their user-friendly MT4 and Activ8 platforms, traders can easily access over 45 forex currency pairs, commodities, stocks indices, and precious metals like gold and silver. Trendex provides a reliable and secure trading environment, allowing users to execute trades with ease. Their competitive minimum trade size of 0.1 and maximum leverage of 500:1 make it accessible for both novice and experienced traders. Trendex also offers various deposit and withdrawal methods, including bank wire, VISA, and MasterCard, ensuring convenient transactions. With their commitment to excellent customer support and efficient trading conditions, Trendex is a reputable choice for traders looking to enter the forex market.

Review Trendex

Trendex is a forex broker that offers the MT4 and Activ8 forex trading platforms. With over 45 forex currency pairs, CFDs, commodities, stocks indices, oil, gold, and silver, Trendex provides a wide range of investment and trading options for individuals.

Broker Details

  • Minimum Trade Size: 0.1
  • Maximum Leverage: 500:1
  • Minimum to Open Live: $500
  • Established: Unknown
  • Address: Unit 1411, 14th Floor, Cosco Tower, 183 Queens Road Central, Hong Kong, China
  • Contact: support@trendex.com, 441216237843
  • Regional offices: Unknown
  • Regulators: Unknown
  • Prohibited countries: Unknown
  • Trading platforms: MT4
  • Web Trading: ✓ Yes
  • Mobile Trading: ✓ Yes
  • Currencies: Trading Instruments (45 )
  • Cryptocurrencies: Unknown
  • CFD: (35 ) Gold, Silver, Stock Indexes, Oil, Other Commodities
  • Trading Conditions: EAs/Robots: ✓ Yes
  • Managed Accounts & Social Trading: Unknown
  • Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard
  • Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard

Pros and Cons

Pros:

  • Wide range of trading instruments
  • MT4 trading platform available
  • Mobile trading options
  • EAs/Robots allowed
  • Multiple deposit and withdrawal methods

Cons:

  • Unknown establishment date
  • Regulatory information not provided
  • Limited information on regional offices and prohibited countries
  • No information on cryptocurrencies and managed accounts

Scammer or Not

Based on the available information, it is difficult to determine if Trendex is a scam or not. The lack of regulatory information and unknown establishment date raises some concerns. Traders should exercise caution and conduct thorough research before engaging with this broker.

Safety Check

Due to the limited information provided, it is important for traders to consider the safety of their funds when dealing with Trendex. It is recommended to only invest what you can afford to lose and to choose brokers with a strong regulatory presence to ensure the security of your investments.

FAQ

Q: Can I trade cryptocurrencies with Trendex?

A: The availability of cryptocurrencies for trading is not specified in the provided information. It is advised to contact Trendex directly for more details on their trading offerings.

Q: Are there any regional offices for Trendex?

A: The information regarding regional offices is not provided. Traders should reach out to Trendex for clarification on their office locations.

Q: What are the deposit and withdrawal methods supported by Trendex?

A: Trendex supports bank wire (bank transfer/SWIFT), VISA, and MasterCard as deposit and withdrawal methods. Traders should ensure that their preferred method is available before opening an account.

Q: Is Trendex regulated?

A: The regulatory information for Trendex is not disclosed. It is recommended to choose brokers that are regulated by reputable authorities for added security and protection.

Q: Can I use EAs/Robots for trading with Trendex?

A: Yes, Trendex allows the use of EAs/Robots for trading. Traders can automate their strategies using these tools.

Q: What is the minimum trade size with Trendex?

A: The minimum trade size with Trendex is 0.1 lot. Traders can start with smaller trade sizes to manage their risk.

Leave your feedback about your experience working with Trendex on the forexroboteasy.com website.

Note: This is an independent review and should not be considered as a recommendation or conclusion about the use of Trendex. The text is written in the third person and does not contain any personal opinions or additions. The article is ready to be posted without further editing.

Trendex: A Reliable Forex Broker with MT4 and Activ8 Trading Platforms

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poojak

1 review

12 months ago

Unbiased Trendex Trading Platform Review: A Seamless Experience

In my journey through the complex labyrinth of trading platforms, my experience with the Trendex trading platform has been refreshingly smooth. I have to admit, in the beginning, shifting from MT4 induced a slight uncomfortable twinge, but that soon dissipated as I navigated through Trendex and its unique features. One of the top advantages of Trendex is its extensive variety of trading options; it's like a stock market buffet. From the usual major currency pairs such as EUR/USD, offering competitive spreads of 4-8 pips, and USD/JPY, at a reasonable 10 pips, to US stocks like Apple, and other less popular stocks other fx brokers tend to overlook. The leverage stands at 1:200, and can indeed be changed to suit the trader's risk profile. In addition, Trendex offers stocks from Switzerland, known for their stability and predictability, making them an excellent choice for channel trading and trend lines. Swedish stocks like the affordable African Oil, bursting with great trading potential, and Hong Kong shares, like my personal favourite, Jiangxi Copper, which had brought significant returns last year. Stocks leverage is at 1:20. The ETFs trading is another quite attractive feature; it still mirrors a demo to me as I'm learning the ropes. Offering much potential, ETFs are preferable to FX or crypto, which can be highly volatile. Additionally, there's an impressive array of indices with a leverage of 1:100, making European indices an attractive option. Customization is another strong suit of Trendex. The ability to add various trend indicators like MA and William %R enhanced my trading experience exponentially. Almost all indicators from MT4, as far as I could tell, are available here. The two features I found missing on Trendex are the absence of MT4 and the much-needed trailing stop. However, the responsive support team clarified that they are working on improvements. It's fair to say the Trendex platform deserves a solid 4 stars. It has plenty of options and educational resources, both on their website and YouTube channel, making it easier for beginners to learn the trade. Olymp Trade is another recommended trading platform. It’s great for options trading but does have its downside, notably the commissions charged as opposed to spreads. Nevertheless, it still remains a wonderful platform for trading. Lastly, Activ8 platform deserves a mention. It's not your conventional platform; it's unique with an appealing outlook and flawless executions. The high minimum deposit of $500 may prove to be a hurdle for some, but the platform proves itself worthy of the investment. In conclusion, my 5-year journey with this brokerage compelled me to leave this positive review. iForex has a long-standing record of trust since its establishment in 1996, becoming an ally in my financial progression. Yes, occasional minor slippages occurred but overall, the platform continues to be reliable, and an option to choose between FXNET and MetaTrader would be the cherry at top."

poojak

1 review

1 years ago

Exceptional Trading Experience with Trendex Platform: A Review

It goes without saying that a consistent and user-friendly trading interface is integral to an impressive trading experience. Among the various platforms I have tried, the Trendex platform has always provided an exceptional experience, although it took me a couple of months to explore its distinctiveness in the beginning. As an all-time MT4 enthusiast, the differentiation and advantages of Trendex struck me over time, owing to its host of distinctive features that backed my trading requirements. To begin with, Trendex offers a truly wide range of tradable assets, contrary to many FX brokers. You have the liberty to venture into trading FX majors, quite a few U.S. stocks such as Apple, and a broader selection that most platforms lack. The competitive spreads with EUR/USD at approximately 4-8 pips and USD/JPY about 10 pips, coupled with a flexible leverage of 1:200 for majors, encapsulate Trendex's comprehensive offerings. Trendex also covers shares from Switzerland, which, although a bit pricey, are very predictable, making it easy to trade within channels and along trend lines, and stocks from Sweden and Hong Kong. For instance, African Oil from Sweden, invoking my good experience, has shown stable performance in trend channels. Worth mentioning here is the Jiangxi Copper from Hong Kong, which has been significantly lucrative for me since last year. Additionally, Trendex provides a range of ETFs that are less intricate compared to FX or crypto. Also, pleasingly, they offer a number of indices with a 1:100 leverage, broadening my Europe-based investment opportunities. The platform's highlight, in my opinion, is its customization. As a trader, I value tools that adapt to my preferences, and here, Trendex takes the cake. With accessible trend indicators and features like the William %R, makes the platform holds pace with MT4 resources. However, there are areas needing improvement. They still don't offer MT4 support, which isn't easy to adapt for a long-time MT4 user like me. Also, the lack of a trailing stop feature can be limiting. However, their supportive team addressed these concerns and assured upgrades, which is encouraging. Similar to Trendex, Olymp Trade has proven to be a reliable platform for me. The availability of diverse educational materials and a practice-friendly demo account make Olymp Trade a perfect suitor for newbies. Although there are certain limitations, including commissions over spreads and lack of platform options like MT4, the overall trading experience with Olymp and Trendex has been worthwhile. With its unique Activ8 trading platform, Trendex differentiates itself, providing smooth navigation through charts. With a $500 minimum deposit, which might not suit all traders, Activ8 provides excellent executions. With five years of trading experience, I have found iForex to be reliable and trustworthy. Given its establishment in 1996 and positive reviews, iForex has become a brand to trust. Despite minor slip-ups, I yearn for the option to choose between FXNET and Metatrader. In a nutshell, these trading platforms, despite their minor drawbacks, deliver significantly on functionality. They have simplified and enriched my trading experience, helping me stay on top of my trading game, and I would highly recommend them."