Renesource Capital Review
💲 Min Deposit $10
⌛ Year Established 1998
💼 Regulation
💡 Min Position 0.01 lot
🌐 Website www.renesource.com
🌎 Country
⚖ Max Leverage 1:100
📁 Segregated accounts
📈 Managed accounts
Renesource Capital is a well-established broker since 1998. Renesource Capital has a headquarter in Latvia. Renesource Capital to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by FKTK (Latvia) 06.06.04.114/118.2.
Account Information
Apart from the forex demo account, this broker offers FX Classic, FX PRO, FX Micro and FX Prime. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Renesource Capital is up to 1: 100. Meanwhile, you can open an account with a starting capital of $10.
Min Deposit
$10
Max Leverage
1:100
Spread
Variable
Commission
$2.50
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $500
💡 Min Position 0.1 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $2.50
Instruments Traded
Besides lots of currency pair, Renesource Capital also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for FX Classic account, Renesource Capital specifically provides it with the following instruments and leverage:
💲 Min Deposit $1000
💡 Min Position 0.1 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission $5
Instruments Traded
Besides lots of currency pair, Renesource Capital also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for FX PRO account, Renesource Capital specifically provides it with the following instruments and leverage:
💲 Min Deposit $10
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
One-Cancels-Other (OCO) orders
1️⃣ One-click trading
💸 Commission
Instruments Traded
Besides lots of currency pair, Renesource Capital also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for FX Micro account, Renesource Capital specifically provides it with the following instruments and leverage:
💲 Min Deposit $50000
💡 Min Position 0.1 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
⏱ Trailing stop
⏳ Pending orders
One-Cancels-Other (OCO) orders
1️⃣ One-click trading
💸 Commission $2.50
Instruments Traded
Besides lots of currency pair, Renesource Capital also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for FX Prime account, Renesource Capital specifically provides it with the following instruments and leverage:
Forex
1:40
Gold & silver
1:30
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Renesource Capital offers you MetaTrader 4 and Integral FX Power Trader.
Customer Support
Do you have any question or find any trouble related to Renesource Capital? If you do, you should reach Renesource Capital's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About Renesource Capital
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Renesource Capital is a good broker for you or not by reviewing the criteria. In general, Renesource Capital provides trading service in Forex , Gold & silver and CFD . As for the payment methods, you can choose between Wire transfer. The customer support is available via Email, Phone, Live chat, Office and Skype.
The starting capital in Renesource Capital is $10.
Renesource Capital is regulated by FKTK (Latvia) 06.06.04.114/118.2. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Renesource Capital is a brokerage company offering trading services for clients since 1998 with offices in Latvia.