Congratulations, it IS a trance song! Haha, however there is definitely room for improvement. This is good, don't get me wrong, but there are a few kinks to work out.
Trance is all about repetition, but if you don't nail which parts to repeat and which parts to add back in after repeating, it just makes the song really bland.
In my own opinion, it felt a little empty. There was something missing. Especially when everything starts to come back in around 1:45. The high-pitched saw that came in at 2:18 provided a little bit more, but I still felt something was missing. Also, the droning background was a little tiring after awhile. It was neat at first, but it got old fast.
A steady bass line (along with the current one-note-per-measure bass you have going on now), would have been better, in my opinion.
Thanks for the tips, I'll try to keep that in mind.
the buzzing sound ruins it for me :(