RAM Cyprus Forex Broker

RAM Cyprus Forex Broker - Complete Information Guide

1. Broker Overview

　　RAM Cyprus, officially known as Regency Asset Management (Cyprus) Limited, was established in 2008 and is headquartered at 6 Nikou Georgiou Street, Block C, Office 702, 1095 Nicosia, Cyprus. As a private investment firm, RAM Cyprus operates primarily within the Cyprus market, catering to a diverse clientele that includes both retail and institutional investors.

　　The company has evolved significantly since its inception, navigating through various regulatory landscapes and market changes. Initially incorporated in 2003, RAM Cyprus has focused on providing a range of financial services, including forex and CFD trading. Over the years, it has achieved several milestones, including obtaining its license from the Cyprus Securities and Exchange Commission (CySEC), which allows it to offer investment and ancillary services related to financial instruments.

　　The firm's business model primarily revolves around retail forex trading, offering clients access to various financial markets. RAM Cyprus aims to provide competitive trading conditions and a user-friendly trading environment, making it an attractive option for traders in Cyprus and beyond.

2. Regulatory and Compliance Information

　　RAM Cyprus operates under the supervision of the Cyprus Securities and Exchange Commission (CySEC), holding the license number 089/08. The firm's regulatory status ensures that it adheres to the stringent financial regulations set forth by CySEC, which include the protection of client funds and the maintenance of operational transparency.

　　The license from CySEC is valid for providing investment services, and it mandates compliance with various regulations, including Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. RAM Cyprus is committed to safeguarding client funds by employing strict fund segregation policies, ensuring that clients' money is kept separate from the company's operational funds.

　　In terms of investor protection, RAM Cyprus participates in the Investor Compensation Fund (ICF), which provides additional security for clients in the event of financial difficulties faced by the broker. The firm is also dedicated to maintaining high standards of compliance with KYC and AML regulations, thereby enhancing the overall security and integrity of its operations.

3. Trading Products and Services

　　RAM Cyprus offers a diverse range of trading products to its clients. The broker provides access to a variety of forex currency pairs, with a focus on major, minor, and exotic pairs, ensuring that traders have ample options to choose from. The exact number of currency pairs available can vary, but the broker is known for offering competitive spreads and favorable trading conditions.

　　In addition to forex, RAM Cyprus provides Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies. This broad selection of products allows traders to diversify their portfolios and capitalize on different market opportunities.

　　The firm regularly updates its product offerings to keep pace with market trends and client demands. This includes the introduction of new trading instruments, which enhances the trading experience for both retail and institutional clients. RAM Cyprus also offers retail trading services, catering to individual traders looking for accessible and efficient trading solutions.

4. Trading Platforms and Technology

　　RAM Cyprus does not currently support MetaTrader 4 or 5, which are popular trading platforms among forex traders. Instead, the broker utilizes its own proprietary trading platform, designed to provide a seamless trading experience for users. This platform is accessible via web and mobile applications, catering to traders who prefer flexibility in their trading activities.

　　The web-based trading platform features an intuitive interface, enabling traders to execute trades efficiently and manage their accounts with ease. Additionally, RAM Cyprus offers mobile applications for both iOS and Android, allowing clients to trade on-the-go.

　　In terms of execution models, RAM Cyprus employs a Market Making approach, providing liquidity and facilitating trades for its clients. The broker's trading infrastructure is supported by advanced technology, ensuring reliable order execution and minimal latency. Furthermore, API access is available for traders interested in automated trading solutions, enhancing the overall trading experience.

5. Account Types and Trading Conditions

　　RAM Cyprus offers several account types to cater to different trader needs. The Standard account typically requires a minimum deposit, which is competitive within the industry. Traders can expect favorable spreads and commission structures, although exact figures may vary based on market conditions.

　　For more experienced traders, RAM Cyprus provides Advanced account types, including VIP and Professional accounts, which come with enhanced features and benefits. These accounts often offer lower spreads and additional trading tools to assist traders in their strategies.

　　The broker also accommodates specific needs with options like Islamic accounts and corporate accounts, ensuring compliance with Sharia law for Muslim traders. Additionally, RAM Cyprus offers a demo account for new traders to practice and familiarize themselves with the trading environment without financial risk.

　　Leverage ratios at RAM Cyprus vary depending on the asset class, allowing traders to maximize their trading potential while managing risk effectively. The broker also outlines its overnight fees and minimum trade sizes transparently, ensuring that clients are informed of all trading conditions.

6. Fund Management

　　RAM Cyprus supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements differ across account types, making it accessible for traders with varying budget levels.

　　Deposits are generally processed promptly, with most methods allowing for immediate funding of trading accounts. However, specific processing times and any associated fees for deposits should be confirmed directly with the broker, as they can vary.

　　Withdrawal methods are also diverse, providing clients with flexibility in accessing their funds. RAM Cyprus typically processes withdrawals within a reasonable timeframe, although clients may experience delays depending on the method chosen. The broker maintains a transparent fee structure for withdrawals, ensuring that clients are aware of any potential costs associated with accessing their funds.

7. Customer Support and Educational Resources

　　RAM Cyprus offers multiple customer support channels, including telephone, email, and online chat. The broker's support team is available during business hours, providing assistance to clients in a timely manner. The firm supports multiple languages, enhancing its accessibility to a broader audience.

　　In addition to customer support, RAM Cyprus is committed to educating its clients through various resources. The broker provides access to webinars, tutorials, and eBooks, catering to both novice and experienced traders. Market analysis services, including daily insights and research reports, are also available to help traders make informed decisions.

　　The broker offers various trading tools, such as calculators and economic calendars, to assist traders in their activities. These resources aim to enhance the overall trading experience and empower clients to achieve their financial goals.

8. Regional Coverage and Restrictions

　　RAM Cyprus primarily serves the Cyprus market, with its operations focused on clients within the region. The broker's regional offices are located in Nicosia, further solidifying its presence in the local market.

　　However, RAM Cyprus may impose certain restrictions on clients from specific countries due to regulatory considerations. It is essential for potential clients to verify their eligibility before opening an account, as the broker may not accept clients from jurisdictions where it lacks regulatory approval.

　　Overall, RAM Cyprus aims to provide a comprehensive trading experience, combining a diverse range of products, robust trading technology, and dedicated customer support to meet the needs of its clients.

　　In conclusion, RAM Cyprus broker stands out as a viable option for traders looking for a regulated and versatile trading platform in Cyprus.