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Head to head

Trendo vs WM Markets

Trendo is licensed by FSC Mauritius in Mauritius (international clients). WM Markets has no licence we could confirm on a regulator's register. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $10 at Trendo and $50 at WM Markets. Only WM Markets offers negative balance protection and segregated client money.

Facts last checked: Trendo on 20 October 2026, WM Markets on 20 October 2026.

Trendo profileWM Markets profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
TrendoRegulatedRead the profile
WM MarketsRead the profile
Comparing
TrendoMauritius (international clients)
WM Markets

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Port Louis, Mauritius
Fomboni, Mwali (Comoros)
Official websites
  • trendo.com
  • wmmarkets.com
  • en.wmmarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Trending Markets (International) Ltd
No licence listed
Regulator
FSC Mauritius
Mauritius (international clients)
No licence listed
Regulation level
Regulated
No licence listed
Licence number
GB25205094 (SEC-2.1B Investment Dealer)
Check the register
No licence listed
Clients this company serves
International clients, depending on country of residence; the website does not say which countries go to this company and which to Trendo LLC (Armenia)
No licence listed
All licences held
  • FSC Mauritius (Mauritius (international clients))
None listed
Segregated client money
No
Yes
Negative balance protection
No
Yes
Compensation scheme
None
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:2000 (1:500 on PAMM accounts and on balances below $50)
Up to 1:2000 (dynamic, set per instrument)
Retail leverage by asset class
  • Real and demo accounts: 1:25 to 1:2000
  • Balances below $50: Up to 1:500
  • PAMM accounts: Up to 1:500
  • Around major news and market open or close: Cut to 1:500 or 1:200
Not yet checked
Margin call level
100%
100%
Stop-out level
70%
20%

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • Trendo app (iOS and Android)
  • Trendo desktop (Windows and Mac)
  • Trendo web trader
  • MetaTrader 4
  • MetaTrader 5
  • WM Markets mobile app
  • MT4 WebTrader
Markets
Forex, gold and metals, cryptocurrencies, stocks and other CFDs
CFDs on forex, metals, indices, energies, commodities, treasuries, shares, ETFs and cryptocurrencies
Demo account
Yes
Yes
Copy trading
Yes
Yes
Expert advisors (automated trading)
Not yet checked
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Visa
  • Mastercard
  • Tether (TRC20 and BEP20)
  • USDC
  • Bitcoin
  • Ethereum
  • Tron
  • BNB
Not yet checked
Withdrawal fee
No Trendo fee on any method; blockchain network fees may apply
Not published; the agreement allows transfer-related and termination fees
Inactivity fee
Not yet checked
Accounts with no trading for six months are disabled and may pay maintenance charges (amount not published)

Support

Customer support
24/7 support and live chat
24/5 multilingual support by live chat

Our notes

Strengths
  • Trending Markets (International) Ltd is on the FSC Mauritius register as an investment dealer (SEC-2.1B), licensed since 28 October 2025
  • One simple account from $10, with a published $3 commission per lot
  • No Trendo fees on deposits or withdrawals, with a $10 minimum per transaction
  • Negative balance protection is written into the client agreement
  • The agreement says client money is kept apart from the company's own funds
  • Says it holds a client funds insurance policy of up to $1,000,000
Watch out for
  • Some clients are served by Trendo LLC in Armenia (registration 271.110.1214359); Trendo shows a company registration and charter update for it, and does not cite a financial licence
  • Leverage up to 1:2000 and deposit bonuses that come with trading conditions
  • We found no document setting out where client money is held or whether you have negative balance protection
  • Proprietary platform only; no MetaTrader
  • Says WM Markets Ltd holds MISA licence BFX2024009; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • The agreement gives the company a lien over client assets and lets it pledge or reinvest assets held for clients
  • Leverage up to 1:2000, and payment methods and withdrawal fees are not listed on the public website
  • Inactive accounts are disabled after six months and may be charged maintenance fees that are not published

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Trendo: Forex and CFD trading are complex instruments and come with a high risk of rapid capital loss due to leverage. A significant percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how these instruments work and whether you can afford to take the high risk associated with CFD trading. Trade responsibly: always consider your investment objectives, experience level, and risk appetite. If needed, seek advice from an independent financial advisor.
  • WM Markets: Contracts for Difference (CFD) are complex financial instruments carrying a substantial level of risk and may not be suitable for all investors, as may result in the loss of all invested capital rapidly due to leverage. You should consider whether you understand how CFDs work, your investment objectives, level of experience, risk appetite, and, if necessary, seek advice from an independent financial advisor.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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