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Head to head

Trendo vs XChief

Trendo is licensed by FSC Mauritius in Mauritius (international clients). XChief 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 $0 at XChief (the xPRIME account needs $500). Only XChief offers negative balance protection and segregated client money.

Facts last checked: Trendo on 20 October 2026, XChief on 20 October 2026.

Trendo profileXChief 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
XChiefRead the profile
Comparing
TrendoMauritius (international clients)
XChiefxPRIME account

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Port Louis, Mauritius
Fomboni, Mwali (Comoros)
Official websites
  • trendo.com
  • xchief.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
$70$7 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$7
Spread from
No accounts listed
0.0 pips
Typical EUR/USD spread
No accounts listed
0.1 pips
Commission per lot (round turn)
No accounts listed
$6
Typical GBP/USD spread
Not yet checked
0.3 pips
Typical USD/JPY spread
Not yet checked
0.2 pips
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 1:1000 on forex (lower as account equity rises)
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
  • Forex (equity under $3: 1:1000
  • Metals (equity under $3: 1:500
  • Commodities and indices (equity under $3: 1:50
  • Cryptocurrencies: 1:5
  • US shares: 1:2
Margin call level
100%
Not yet checked
Stop-out level
70%
30% (CENT, Classic+, DirectFX); 50% (xPRIME)

Account

Minimum deposit (this account)
No accounts listed
$500
Base currencies
No accounts listed
USD, EUR, GBP
Execution
No accounts listed
Market execution, MetaTrader 5, $3 / €3 / £3 commission per side on forex and metals

Platforms and features

Platforms
  • Trendo app (iOS and Android)
  • Trendo desktop (Windows and Mac)
  • Trendo web trader
  • MetaTrader 4
  • MetaTrader 5
  • xChief mobile app
Markets
Forex, gold and metals, cryptocurrencies, stocks and other CFDs
Up to 32 currency pairs, metals, commodities, indices, cryptocurrencies and 95 US share CFDs (xPRIME account)
Demo account
Yes
Yes
Copy trading
Yes
Yes
Expert advisors (automated trading)
Not yet checked
Yes
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
  • Bank transfer (SWIFT
  • SEPA
  • FPS)
  • Cryptocurrency
Withdrawal fee
No Trendo fee on any method; blockchain network fees may apply
The deposit page lists 0% for bank transfer and crypto; the agreement allows extra fees if you deposit and withdraw without trading
Inactivity fee
Not yet checked
$20 one-off, then $20 a month, while an account is inactive

Support

Customer support
24/7 support and live chat
24/7 by live chat, Telegram, WhatsApp, Viber and email

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
  • Four account types, including a cent account with no minimum deposit
  • Negative balance protection and segregated client money are stated in its risk disclosure
  • Leverage is cut automatically as account equity grows, which limits the size of positions on larger accounts
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 xChief Ltd holds Mwali International Services Authority (MISA) licence T2023379; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • Says xChief ZA (Pty) Ltd is authorised by the FSCA as FSP 54829; we could not confirm it on the FSCA register on 2026-10-20 (the register could not be reached). That company only introduces clients; accounts are opened with xChief Ltd in Comoros.
  • Leverage up to 1:1000 and heavy use of bonuses, no-deposit offers and trading credits
  • Inactive accounts pay $20 and then $20 a month

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.

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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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