Reliable Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://reliable-trade.com/, about the company's legal and temporary regulatory information, the company's address .
Reliable Trade Forex Broker
Basic Information
United States
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
VIP
PREMIUM
Reliable Trade Forex Broker - Comprehensive Information Guide
1. Broker Overview
Reliable Trade, also known as Reliable Trade Broker, was established in 2020. The company is headquartered in the United States, with its main offices located in various global financial hubs. As a privately held entity, Reliable Trade focuses on providing trading services to a diverse clientele, including retail and institutional investors.
Since its inception, Reliable Trade has aimed to create a user-friendly trading environment, offering a wide range of financial instruments and services. The broker has made significant strides in the forex trading sector, gaining recognition for its competitive trading conditions and robust platform offerings. Key milestones in the company's development include the launch of its trading platform and the introduction of various educational resources for its clients.
Reliable Trade operates primarily in the forex market, catering to both individual traders and institutional clients. The broker's business model encompasses retail forex trading, as well as providing institutional services to larger financial entities. This dual approach allows Reliable Trade to maintain a broad market presence while addressing the unique needs of its diverse client base.
2. Regulatory and Compliance Information
Reliable Trade is committed to maintaining high standards of regulatory compliance. It claims to be regulated by several reputable authorities, including the Commodity Futures Trading Commission (CFTC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the International Financial Services Commission (IFSC) in Belize. However, it is essential to verify these claims, as the broker does not provide specific license numbers or detailed regulatory information on its website.
The broker's regulatory licenses are said to cover various aspects of its operations, ensuring that it adheres to the highest standards of financial conduct. Reliable Trade implements a strict customer funds segregation policy, which ensures that clients' funds are kept in separate accounts from the company's operational funds. This practice is vital for enhancing client trust and safeguarding their investments.
Additionally, Reliable Trade participates in investor compensation schemes, providing an extra layer of security for clients. The broker also adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that it conducts thorough due diligence on its clients to prevent illicit activities.
3. Trading Products and Services
Reliable Trade offers a diverse range of trading products to its clients. In the forex market, the broker provides access to over 50 currency pairs, including major, minor, and exotic currencies. This extensive selection allows traders to capitalize on various market conditions and opportunities.
In addition to forex trading, Reliable Trade offers Contracts for Difference (CFDs) across multiple asset classes, including indices, commodities, stocks, and cryptocurrencies. This variety enables clients to diversify their trading portfolios and explore different markets. The broker frequently updates its product offerings, ensuring that clients have access to the latest trading instruments.
Reliable Trade also provides tailored services for retail traders, including educational resources designed to enhance trading skills and knowledge. For institutional clients, the broker offers advanced trading solutions, including white-label services and asset management options, catering to the specific needs of larger financial entities.
4. Trading Platforms and Technology
Reliable Trade supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized for their advanced trading features and user-friendly interfaces. These platforms offer traders access to sophisticated charting tools, automated trading capabilities, and a wealth of technical indicators, making them suitable for both novice and experienced traders.
In addition to the MT4 and MT5 platforms, Reliable Trade has developed its proprietary web-based trading platform, which is designed to provide a seamless trading experience. The platform is accessible from various devices, including desktops, tablets, and smartphones, ensuring that traders can manage their accounts and execute trades on the go.
The broker's mobile applications are available for both iOS and Android devices, offering full functionality for trading and account management. Reliable Trade employs various execution models, including ECN (Electronic Communication Network) and STP (Straight Through Processing), to ensure fast and efficient order execution.
The broker's technology infrastructure includes high-performance servers located in strategic financial centers, optimizing trade execution speeds and reliability. Additionally, Reliable Trade offers API access, enabling clients to engage in automated trading and algorithmic strategies.
5. Account Types and Trading Conditions
Reliable Trade offers several account types to cater to different trading preferences and experience levels. The standard account requires a minimum deposit of $200, with competitive spreads starting from 1 pip and no commission on trades. This account type is ideal for retail traders looking for a straightforward trading experience.
For more experienced traders, Reliable Trade provides premium account options, including VIP and professional accounts. These accounts typically offer lower spreads, enhanced leverage, and additional trading features tailored to meet the needs of active traders.
The broker also offers specialized accounts, such as Islamic accounts, which comply with Sharia law, and corporate accounts for business entities. Reliable Trade provides a demo account for new traders, allowing them to practice trading strategies without risking real capital.
Leverage ratios at Reliable Trade vary depending on the asset class, with forex leverage reaching up to 1:500 for certain accounts. The minimum trade size is typically 0.01 lots, accommodating traders of all experience levels. The broker's overnight fees are clearly outlined, ensuring transparency in trading costs.
6. Fund Management
Reliable Trade supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with standard accounts starting at $200. Clients can expect prompt processing times for deposits, typically within one business day.
Withdrawal methods include bank transfers and electronic wallets, with specific limits and processing times depending on the chosen method. Reliable Trade aims to process withdrawal requests swiftly, generally within 1-3 business days. The broker maintains a transparent fee structure, with minimal withdrawal fees applicable to certain payment methods.
Reliable Trade prioritizes secure fund management, employing advanced encryption technologies to protect clients' financial information. The broker's commitment to safety and efficiency in fund management contributes to a positive trading experience for its clients.
7. Customer Support and Educational Resources
Reliable Trade provides comprehensive customer support through multiple channels, including phone, email, live chat, and social media platforms. The support team is available 24/5, ensuring that clients receive timely assistance regardless of their location.
The broker offers multilingual support, catering to clients from various regions and backgrounds. Additionally, Reliable Trade provides an extensive range of educational resources, including webinars, tutorials, and e-books, designed to enhance traders' knowledge and skills.
Market analysis services are also available, offering clients daily insights, news updates, and research reports to help them make informed trading decisions. The broker provides various trading tools, such as economic calendars and calculators, to assist clients in their trading activities.
8. Regional Coverage and Restrictions
Reliable Trade operates in multiple markets, primarily focusing on clients in North America, Europe, and parts of Asia. The broker has established regional offices to enhance its service delivery and support for clients in different time zones.
However, Reliable Trade does not accept clients from certain jurisdictions, including the United States and countries under specific trade restrictions. The broker's website provides clear information regarding these limitations, ensuring transparency for potential clients.
In summary, Reliable Trade is committed to providing a reliable and secure trading environment for its clients. With a diverse range of trading products, advanced technology, and a focus on regulatory compliance, Reliable Trade continues to establish itself as a noteworthy player in the forex brokerage industry. As the trading landscape evolves, the broker remains dedicated to meeting the needs of its clients and adapting to market changes.
Reliable Trade Similar Brokers
Latest Reviews
FX2398687273
Australia
This person contact me from Facebook, his name is Scott Lang, claimed to be from Malaysia with Malaysian contact number +60 3-9212 1755. Scammer can register any number online from any country. Later I found out his from Nigeria base on the IP address and the Facebook profile was stolen from someone else. With as little as $500 usd, he used an auto trading platform to generate more then $40,000 profit. I was ask to pay 10% commission, I did but never got paid. Account is not closed, lost contact
Exposure
2021-01-09
Talal baig66941
Pakistan
I was contacted via Facebook about this scam website reliable-trade.com, Mr Scott Lang with photo claim to be an account manager is a fake profile using Malaysian mobile number, he also got a fake client who will also play along claiming to make a profit due to Mr Scott help. This guy will keep contacting you and persuade you with all kind of reassurance and fake promised until you deposit your money and is gone forever, they will milk your money until you dry. Their IP address leads.
Exposure
2021-10-04