In this Renesource Capital Review, we are going to take a look at the offer that this broker prepared for its traders. Renesource Capital operates on the financial market since 2013. When it comes to trading platforms, the broker features Currenex, J-Trader and MetaTrader 4. The Renesource Capital minimum deposit is 10 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this Renesource Capital Review
Website address: | https://www.renesource.com/ |
Operated by: | Renesource Capital AS IBS |
Licensed and authorised by regulatory bodies: | FCMC |
Supported languages: | English |
Customer support available via: | |
Contact details: | [email protected] +371 67 092 737 |
Available deposit methods: | Bank transfer |
Available withdrawal methods: | Bank transfer |
Minimum deposit: | 10 USD |
Min. trade in lots: | 0.01 |
Spreads: | Variable |
Tradable assets: Might be a CFD. | Forex (90), stocks, commodities, indices |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | Currenex, J-Trader |
Social trading: |
Random reviews of competing FX & CFD brokers: HSB.id, MyFXChoice, RealMarketBroker and XtreamForex
Frequently Asked Questions
🧐 Is Renesource Capital a Scam?
In accordance with our research, Renesource Capital is a broker licensed and regulated by the FCMC. While it is a good thing that the broker is regulated, the FCMC regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that Renesource Capital is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the Renesource Capital minimum deposit?
In order to start trading with Renesource Capital , you have to deposit at least 10 USD (Trading accounts can also be held in EUR, USD).
📵 What deposit and withdrawal methods Renesource Capital supports?
⚖️ Would you recommend me choosing Renesource Capital ?
We don’t have our own personal experience with Renesource Capital . However, the broker is regulated by the FCMC which does not provide as strong protection to traders as 1st tier regulatory bodies (Like the British Financial Conduct Authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with Renesource Capital .
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.