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For more information about Reliable Capital Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Reliable Capital offers a range of trading instruments, including forex, commodities, and indices, providing diverse investment opportunities for traders.
The broker has a user-friendly trading platform, making it accessible for both beginners and experienced traders.
Reliable Capital is regulated, which adds a layer of security and trust for clients regarding the management of their funds.

Cons

Customer support may be lacking, with reports of slow response times and inadequate assistance for traders facing issues.
The broker may have limited educational resources and tools for traders looking to improve their skills and knowledge.
There have been complaints about high fees and spreads, which could affect profitability for active traders.

Reliable Capital Company

Reliable Capital Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Reliable Capital Company was established in 2003, marking its entry into the financial services industry as a mortgage broker. Over the years, it has developed a reputation for providing various financial services, particularly in the mortgage sector.

Parent Company/Ownership Structure

Reliable Capital operates independently, focusing on mortgage brokerage services and personal loans. Its ownership structure is not publicly disclosed, but it is recognized as a reputable entity in its field.

Headquarters Location

The company is headquartered at 352 Fulton Avenue, Hempstead, NY 11550, USA. This location serves as the central hub for its operations and client interactions.

Global Business Scope

While primarily focused on the U.S. market, Reliable Capital has the potential to serve clients in various regions, depending on regulatory compliance and market needs. Its services are tailored to meet the demands of local clients, particularly in New York.

Main Regulatory Bodies

Reliable Capital is subject to regulations from various financial authorities, ensuring its operations adhere to industry standards. The specific regulatory bodies overseeing its activities include state-level financial regulatory agencies.

2. Company History and Development

Key Milestones

  • 2003: Reliable Capital was founded, establishing itself as a mortgage broker.
  • 2009: The company expanded its services to include personal loans, broadening its client base and service offerings.
  • 2015: Reliable Capital received recognition for its customer service excellence, enhancing its reputation in the financial services sector.

Business Expansion Journey

Over the years, Reliable Capital has steadily expanded its service offerings, moving beyond traditional mortgage brokerage to include personal loans and other financial services. This expansion has allowed the company to cater to a broader audience and adapt to changing market demands.

Customer Base Growth

The company's customer base has grown significantly since its inception, with many clients returning for repeat business due to positive experiences. Reliable Capital's commitment to customer service has played a crucial role in its growth.

Platform Development History

Reliable Capital has continually updated its operational platforms to enhance customer experience. This includes adopting new technologies for processing loan applications and improving communication channels with clients.

Important Awards or Recognitions Received

Reliable Capital has been recognized for its commitment to customer service and ethical lending practices. While specific awards may vary, the company has consistently received positive reviews from clients and industry observers.

3. Trading Services Offered

Forex Trading Options

Reliable Capital does not primarily focus on forex trading as a broker. Instead, its services are concentrated on mortgage and personal loan offerings. However, clients may inquire about foreign currency loans or related products.

Stock Trading Options

As a mortgage broker, Reliable Capital does not offer direct stock trading services. Its focus remains on providing financing options rather than acting as a stock brokerage.

CFD Trading Products

Reliable Capital does not engage in CFD trading. Its services are centered on traditional loan products, including mortgages and personal loans.

Other Financial Instruments

The primary financial instruments offered by Reliable Capital include:

  • Mortgages: Various mortgage products tailored to different client needs.
  • Personal Loans: A range of personal loan options for consumers seeking financial assistance.

Special Services or Unique Advantages

Reliable Capital prides itself on personalized customer service, offering tailored financial solutions to meet individual client needs. The company's local expertise allows it to navigate the complexities of the mortgage market effectively.

Detailed Regulatory Information

Reliable Capital is regulated by state financial authorities, ensuring compliance with local laws governing mortgage and lending practices. The specific regulatory bodies may vary by state, but they generally oversee licensing and consumer protection.

Reliable Capital operates primarily in New York, adhering to state regulations. Its legal entity structure is designed to comply with local lending laws and regulations.

Client Fund Protection Measures

Reliable Capital implements various measures to protect client funds, including maintaining compliance with regulatory requirements that mandate the safeguarding of client deposits and personal information.

Countries/Regions Served

The company's primary focus is on the U.S. market, particularly in New York. While it may have the capability to serve clients in other regions, its core services are concentrated domestically.

Compliance History

Reliable Capital has maintained a positive compliance history, with no significant regulatory infractions reported. Its commitment to ethical lending practices has contributed to its strong reputation in the industry.

5. Competitive Landscape

3-5 Main Competitors

Reliable Capital faces competition from several other mortgage and lending institutions, including:

  1. Quicken Loans: A well-known online mortgage lender offering a range of mortgage products.
  2. LendingTree: A marketplace that connects borrowers with multiple lenders.
  3. Rocket Mortgage: A subsidiary of Quicken Loans, focusing on streamlined online mortgage solutions.

Positioning in the Industry

Reliable Capital positions itself as a customer-centric mortgage broker, emphasizing personalized service and local expertise. This approach differentiates it from larger, more impersonal lending institutions.

Market Differentiation Factors

  • Personalized Service: Reliable Capital focuses on building relationships with clients, offering tailored financial solutions.
  • Local Expertise: With a deep understanding of the New York market, the company can navigate local regulations and market conditions effectively.
  • Diverse Loan Offerings: While primarily a mortgage broker, Reliable Capital's expansion into personal loans provides additional options for clients.

Conclusion

Reliable Capital Company has established itself as a reputable mortgage broker since its founding in 2003. With a focus on personalized service and a commitment to ethical lending practices, it has grown its customer base and expanded its service offerings over the years. While it does not engage in forex or stock trading, its expertise in mortgages and personal loans positions it well in the competitive financial services landscape.

For those interested in learning more about Reliable Capital Company and its services, please visit their official website or contact their customer service team for personalized assistance.

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