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RS Finance Forex Broker keeps up-to-date with the latest trading account information, including Standard, ECN maximum leverage of Forex – 1:500, Indices – 1:100, Commodities – 1:100, trading varieties, and more
Rating Index
Pros
No minimum deposit required for opening an account, allowing for flexible entry for traders.
Competitive trading conditions with low spreads and no hidden fees on standard accounts.
Access to a wide range of assets, including currency pairs, indices, metals, and commodities.
Cons
Lack of educational resources and training materials, which may hinder new traders.
Limited deposit and withdrawal options compared to competitors, potentially affecting convenience.
Regional restrictions prevent some users from accessing the platform, limiting its global reach.
RS Finance broker Accounts
Standard
Environment
A
Currency
--
Maximum Leverage
Forex – 1:500, Indices – 1:100, Commodities – 1:100
SupportedEA
Minimum Deposit
--
Minimum Spread
1 onwards
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
Zero
Products
--
ECN
Environment
A
Currency
--
Maximum Leverage
Forex – 1:500, Indices – 1:100, Commodities – 1:100
SupportedEA
Minimum Deposit
--
Minimum Spread
0 onwards
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$7/Lot
Products
--
Rich Smart Account Type
Rich Smart offers two main types of trading accounts:
- ECN Account
- Spread: Starts from 0 pips.
- Commission: $7 per lot.
- Minimum Order Volume: 0.01.
- Leverage: Up to 1:500 for forex, 1:100 for indices and commodities.
- Swap: Yes.
- Standard Account
- Spread: Starts from 1 pip.
- Commission: Zero commission trading.
- Minimum Order Volume: 0.01.
- Leverage: Up to 1:500 for forex, 1:100 for indices and commodities.
- Swap: Yes/No (depends on the trading conditions).
- Visit the Official Website: Go to the Rich Smart website.
- Click on "Open Account": Locate the account opening section.
- Fill in Required Information: Provide your personal details, including name, email, phone number, and country of residence.
- Verify Your Information: You may need to verify your email address.
- Submit Required Documents: Upload the necessary documents for identity verification, such as a government-issued ID and proof of address.
- Wait for Verification: The account will be verified, and you will be notified once it is active.
- Fund Your Account: After activation, you can deposit funds using various methods like bank transfer or credit cards.
Both account types allow traders to access a diverse range of trading instruments, including forex, metals, indices, stock CFDs, and cryptocurrencies.
Rich Smart Broker Account Opening Process
To open an account with Rich Smart, follow these steps:
These steps will guide you through the process of creating an account with Rich Smart, allowing you to start trading effectively.
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