About the Bytrend Brokerage
Bytrend is a brokerage firm located on an island in the Caribbean Sea within an offshore jurisdiction. It specializes in providing online trading services accessible through web browsers and mobile devices. New clients are greeted with a registration bonus, and authentic reviews can be found on the official website.
Official Bytrend Website
Established in 2020, Bytrend operates under its parent company By Trend LLC, with its registered address at Suite 305, Griffith Corporate Center, Kingstown, St. Vincent and the Grenadines. While specific licensing information is not disclosed, the company can be reached via a feedback form or Telegram chat. However, direct contact details like mobile numbers or email addresses are not provided.
Trading Instruments and Platforms
Bytrend offers a comprehensive web-based platform for CFD trading, featuring a diverse range of over 100 trading instruments such as natural gas, oil, gold, silver, currency pairs, and cryptocurrencies.
Bytrend Trading Accounts
Information on demo accounts is not readily available on the website. Real trading accounts are categorized into three types: Mini, Midi, and Maxi, each requiring specific minimum deposits. Every account type comes with cashback offers and bonuses. Detailed terms and conditions can be accessed on the official website.
Account Funding and Withdrawal
Bytrend lacks specific details on the deposit and withdrawal procedures, including information on supported payment systems and withdrawal charges. The registration process typically involves selecting a platform (mobile or desktop), choosing an account type, and commencing trading activities.
Final Thoughts
Key limitations of the Bytrend platform include the absence of a visible license, transparency on fund withdrawals, and clear contact details. Prior to engaging with this brokerage, it is advisable to thoroughly review feedback and experiences shared by existing clients.
This review has been prepared by the specialists at ExpertsReview.
I am extremely dissatisfied with Bytrend’s brokerage services due to their lack of professionalism and overall inefficiency.