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RannForex
RannForex: A Reliable Forex Broker for Personal Investment and Trading RannForex, founded by Dmitry Rannev, is a reputable forex broker that offers a wide range of investment and trading options. With over 55 forex currency pairs, as well as oil, gas, indices, gold, and silver, RannForex provides ample opportunities for traders to diversify their portfolios. One of the standout features of RannForex is its provision of the top forex trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are renowned for their user-friendly interfaces and advanced trading tools, making it easier for traders to execute their strategies effectively. When it comes to trading conditions, RannForex offers competitive options. With a minimum trade size of 0.01, traders have the flexibility to start small and gradually increase their positions. The maximum leverage of 500:1 allows for greater potential returns, although it's important to exercise caution and manage risk appropriately. Established in 2017, RannForex has quickly gained recognition in the forex industry. The company is based in Saint Vincent and the Grenadines, with its headquarters located at First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown. RannForex ensures a seamless trading experience by offering web and mobile trading capabilities. Traders can access their accounts and execute trades on-the-go, providing flexibility and convenience. In terms of trading instruments, RannForex covers a wide range, including over 60 currencies and 15 CFDs, such as gold, silver, other precious metals, stock indexes, and oil. This diverse selection allows traders to explore different markets and capitalize on various opportunities. RannForex caters to different trading styles, including those who utilize EAs/robots, engage in news trading, and employ scalping strategies. Additionally, the company offers managed accounts and social trading through its PAMM system, providing options for those who prefer a more hands-off approach. Deposits and withdrawals are made easy with RannForex, as they accept various methods, including bank wire, VISA, MasterCard, AdvCash, Bitcoin, PerfectMoney, Qiwi, TC Pay (TopChange), Tether (USDT), WebMoney, and Yandex Money. Overall, RannForex stands out as a reliable forex broker that prioritizes the needs of its clients. With
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 500:1
- Minimum to Open Live: $1
- Established: 2017
- Address: First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, Saint Vincent And Grenadines
- Contact: [email protected]
- Trading Platforms: MT4, MT5
- Web Trading: ✅ Yes
- Mobile Trading: ✅ Yes
- ECN: ✅ Yes
- Currencies: Trading Instruments (60 )
- Cryptocurrencies:
- CFD: (15 ) Gold, Silver, Other Precious Metals, Stock Indexes, Oil
- EAs/Robots: ✅ Yes
- News Trading: ✅ Yes
- Scalping: ✅ Yes
- Managed Accounts & Social Trading
- PAMM: ✅ Yes
- Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, AdvCash, Bitcoin, PerfectMoney, Qiwi, TC Pay (TopChange), Tether (USDT), WebMoney, Yandex Money
- Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, AdvCash, Bitcoin, PerfectMoney, TC Pay (TopChange), Tether (USDT)
Pros and Cons
While RannForex offers a range of attractive features and trading options, it is essential to consider the pros and cons before making a decision:Pros:
- Wide selection of over 55 forex currency pairs
- Offers MetaTrader 4 and MetaTrader 5 trading platforms
- Low minimum trade size and maximum leverage
- Accessible with a minimum deposit of $1
- Allows EAs/Robots, news trading, and scalping
- PAMM accounts available for managed accounts and social trading
- Multiple deposit and withdrawal methods
Cons:
- Regulatory information is undisclosed
- Regional office details are not provided
- Limited information on cryptocurrencies
Safety Check
As an independent review, it is important to conduct a safety check before engaging with any forex broker. While RannForex offers a range of features and services, it is advisable to consider the following factors:- Regulatory Compliance: Ensure that the broker operates under the jurisdiction of reputable regulators to ensure the safety of your funds.
- Customer Support: Test the responsiveness and effectiveness of the broker's customer support team to address any concerns or issues.
- Security Measures: Look for strong security measures, such as encryption technology and segregated client accounts, to protect your personal and financial information.
- Transparent Pricing: Evaluate the broker's fee structure and ensure there are no hidden charges or unfavorable trading conditions.
- Client Feedback: Consider the experiences and feedback of other traders who have used RannForex's services to gain insights into the broker's reputation and reliability.
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