ANSWER Dear Sir or Madam, thank you for reaching out to us regarding the information of XTrend Speed.XTrend Speed is owned and operated by Rynat Capital (Pty) Ltd, a company regulated by the Financial Services Conduct Authority (FSCA) in South Africa with the FSP license number 23497.However, regarding FSCA, we would like to mention that some shady brokers will falsely use the regulatory information of a licensed broker by FSCA, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of XTrend Speed. We would recommend exercising caution when dealing with FSCA-regulated brokers.Overall, it is of certain risk to trade with XTrend Speed, and we would recommend to choose strongly regulated brokers. For more details about this broker, you can check our full XTrend Speed review.
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