Company profile
RannForex Review SummaryFounded2013Registered Country/RegionSeychellesRegulationFSAMarket Instruments49 types of forex, 5 types of metals, 3 types of energies, 11 types of indicesAccount TypeMT5 PRO Account, MT5 ZERO AccountDemo Account✔LeverageUp to 1:500Minimum trading set0.01 lotsTrading PlatformMT5Payment MethodBank Wire, Crypto, VoletCustomer SupportEmail: info@rann.forexPhysical Address: Block B, Global Village, Jivan's Complex, Mont Fleuri,Mahe, Seychelles.RannForex Information RannForex, founded in 2013, is a brokerage registered in Seychelles. The trading instruments it provides cover 49 types of forex, 5 types of metals, 3 types of energies, 11 types of indices. It is regulated by Seychelles.Pros and ConsPros Cons RegulatedNo Islamic accountWide range of trading instrumentsNo information about phoneGenerous leverage up to 1:500Limited payment methodsMT5 supportedNo MT4 supportedDemo account availableLow min depositHigh maximum leverageIs RannForex Legit? RannForex is regulated by FSA in Seychelles. Its current status is offshore regulated.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusSeychellesFSARannForex LimitedRetail Forex LicenseSD151Offshore RegulatedWhat Can I Trade on RannForex? RannForex offers traders 49 types of forex, 5 types of metals, 3 types of energies, 11 types of indices to trade.Tradable Instruments Supported Forex✔Energies✔Metals✔Indices✔Commodities❌Stocks❌Futures❌Options❌Account Types RannForex offers 2 different types of accounts to traders - MT5 PRO Account, MT5 ZERO Account. It also provides demo accounts.Account TypeMT5 PRO AccountMT5 ZERO AccountMin Deposit$2$2Minimum volume0.01 Lot0.01 LotLeverage1:5001:500Locked margin50%50%Commission$20 per 1 million USD (for one side) around 4$ per lot$0 (moved to spread)Stop out 60%60%Demo Account✔✔RannForex Fees RannForex charges $20 per 1 million USD (for one side) around 4$ per lot for MT5 PRO Account, $0 (moved to spread) for MT5 ZERO Account. RannForex's spreads are 0.1 - 976.6 pips.Trading Platform RannForex's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.Trading PlatformSupported Available Devices MT5✔Web, MobileMT4❌Deposit and Withdrawal The broker supports provides 3 type of deposit and withdrawal methods - Bank Wire, Crypto, Volet. RannForex charges fees for deposits and withdrawals.CurrencyFeeTime limitsNotesBank WireUSD0%Few daysRegular wire transferCryptoUSD0.5%ImmediatelyB2BinPAY - Cryptocurrencies (USDT, BTC, ETH etc.)VoletUSD1%ImmediatelyVolet (ex Advcash) – popular payment system.CurrencyFeeTime limitsNotesBank WireUSD0%Few daysRegular wire transferCryptoUSD0.5%ImmediatelyB2BinPAY - Cryptocurrencies (USDT, BTC, ETH etc.)VoletUSD1%ImmediatelyVolet (ex Advcash). ** Withdrawals are automatic up to 500 USD per day.
FX1705321758
India
Execution is generally smooth, and spreads are competitive. BUT could you offer more deposit and withdrawal options?
Neutral
2024-08-14