Real Trade Forex Broker

Real Trade Forex Broker - Complete Information Guide

1. Broker Overview

Real Trade Group Ltd., established in 2003, is a brokerage firm headquartered in the British Virgin Islands. Operating as an offshore broker, Real Trade specializes in providing online trading services primarily to retail clients. The broker has developed a reputation in the forex market over the years, having participated in numerous industry events, including sponsorship of the Forex Expo in Moscow.

Real Trade operates under the banner of Real Trade Group Ltd., which is a privately held company. The firm focuses on catering to a diverse clientele, including both novice traders and experienced professionals seeking competitive trading conditions. Over the years, Real Trade has expanded its services and features to adapt to the evolving needs of traders, thereby achieving various milestones in its operational history.

The business model of Real Trade is primarily retail forex trading, offering a range of trading instruments that include currency pairs, commodities, and precious metals. The broker employs a market maker model, which allows for instant execution and fixed spreads, making it a suitable choice for day traders and those engaging in short-term trading strategies.

2. Regulatory and Compliance Information

Real Trade operates under the regulatory framework of the British Virgin Islands Financial Services Commission (BVIFSC). However, it is important to note that the BVIFSC does not impose stringent requirements on brokers compared to regulators in the US or UK. As such, Real Trade is not required to maintain a minimum capital reserve or contribute to an investor compensation scheme.

• Regulatory License: Registered with the BVIFSC
• License Number: Specific license numbers were not disclosed in the available sources.
• Regulatory Scope: The broker is allowed to operate in various jurisdictions, but it primarily focuses on the forex market.
• Client Fund Segregation: Real Trade adheres to a policy of segregating client funds, ensuring that traders' deposits are kept separate from the broker's operational funds.
• KYC and AML Compliance: The brokerage implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to verify the identity of its clients and prevent illicit activities.

This regulatory environment presents certain risks for traders looking to invest significant amounts, as the protections available may not be as robust as those offered by more highly regulated entities.

3. Trading Products and Services

Real Trade offers an extensive range of trading products, primarily focusing on forex trading. The broker provides access to over 40 currency pairs, including major, minor, and exotic pairs. Additionally, the trading portfolio includes:

• CFDs on Commodities: Traders can access contracts for difference on various commodities, including precious metals like gold and silver.
• Cryptocurrency Trading: Real Trade allows trading in popular cryptocurrencies, though specific pairs were not detailed in the sources.
• Indices and Stocks: The broker offers trading in selected indices and stocks, although the primary focus remains on forex.

Real Trade updates its product offerings regularly to include new instruments based on market demand and trading trends. The brokerage provides retail trading services and has capabilities for institutional clients, although detailed information on institutional offerings was not provided.

4. Trading Platform and Technology

Real Trade utilizes a customized version of the MetaTrader 4 (MT4) platform, branded as Real Trader 4. This platform is available for both desktop and mobile devices, providing traders with a comprehensive suite of tools necessary for effective market analysis and trading.

• Platform Features: The Real Trader 4 platform supports various technical indicators, advanced charting capabilities, and automated trading strategies through Expert Advisors (EAs).
• Execution Model: The broker operates on a market maker model, providing instant execution and fixed spreads, which can be beneficial for traders focused on short-term strategies.
• Server Infrastructure: Real Trade's trading servers are located in secure data centers, ensuring reliable connectivity and quick trade execution.
• API Access: The broker supports API access for traders looking to implement automated trading solutions or integrate third-party tools.

The mobile application allows traders to manage their accounts and execute trades on-the-go, catering to the needs of modern traders who require flexibility and accessibility.

5. Account Types and Trading Conditions

Real Trade offers a single type of trading account with the following conditions:

• Minimum Deposit: The minimum initial deposit requirement is $20, making it accessible for new traders.
• Spreads and Commissions: The broker offers fixed spreads starting from 1 pip on major currency pairs, with no additional commissions charged on trades.
• Leverage Options: Traders can access leverage of up to 1:500, which allows for significant trading potential, though it also increases risk exposure.
• Minimum Trade Size: The minimum trade size is 0.01 lots, accommodating various trading strategies and risk profiles.
• Overnight Fees: Specific details on overnight fees (swap rates) were not provided, indicating that traders should consult the broker for current rates.

The account setup is straightforward, and the broker does not currently offer Islamic (swap-free) accounts or specialized accounts for corporate clients.

6. Fund Management

Real Trade provides multiple funding options for deposits and withdrawals:

• Deposit Methods: The broker accepts bank wire transfers, credit/debit cards, and e-wallets including Skrill, PayPal, and Perfect Money.
• Minimum Deposit Requirements: The minimum deposit is $20 for the standard account.
• Deposit Processing Time: Deposits are typically processed instantly, although bank transfers may take longer depending on the financial institution.
• Deposit Fees: While there are no fees for deposits, third-party payment processors may charge fees, such as a 0.8% fee for online payment methods.
• Withdrawal Methods: Withdrawals can be made through the same methods as deposits, with specific processing times varying by method.
• Withdrawal Processing Time: Withdrawal requests are generally processed within a few business days, although delays may occur during peak times.
• Withdrawal Fees: The broker does not charge withdrawal fees, but transaction fees may apply from payment processors.

This flexible funding structure allows traders to manage their accounts efficiently, although they should be aware of potential processing times and fees from third-party services.

7. Customer Support and Educational Resources

Real Trade offers customer support through various channels:

• Support Channels: Traders can reach customer service via telephone, email, and an online contact form. However, live chat support is not currently available.
• Service Hours: Support is accessible 24/7, accommodating traders from different time zones.
• Languages Supported: The broker provides support in multiple languages, although specific languages were not detailed in the sources.
• Educational Resources: Real Trade offers limited educational resources, including basic tutorials and market analysis reports.
• Market Analysis Services: Traders can access daily market analysis, news updates, and research reports to inform their trading decisions.
• Trading Tools: The broker provides various trading tools, including calculators and economic calendars, to assist traders in their analysis.

While the educational offerings may not be extensive, the available resources can help traders enhance their understanding of the forex market.

8. Regional Coverage and Restrictions

Real Trade primarily serves clients in various regions, although it has specific limitations regarding certain countries:

• Main Service Markets: The broker targets markets in Europe and Asia, with a focus on retail forex traders.
• Regional Offices: Real Trade has established a presence in several countries, including Latvia, Estonia, and Lithuania.
• Countries Not Accepted: The broker does not accept clients from the United States or other jurisdictions with stringent regulatory requirements.
• Special Restrictions: Specific restrictions may apply based on local laws and regulations, which traders should verify before opening an account.

In summary, Real Trade offers a competitive trading environment for forex traders, with a range of products and services designed to meet the needs of both novice and experienced traders. The broker's offshore status may present certain risks, but it also provides opportunities for traders looking for accessible trading conditions.