RontoXM Forex Broker

RontoXMReview Summary Founded2023-07-04 Registered Country/RegionSpain RegulationNot regulated Market InstrumentsForex, CFDs, Indices, Stocks, Commodities, Metals, Digital Currencies and Bonds Demo Account❌ LeverageUp to 1:400 Trading PlatformWeb trader Min Deposit$5000 Customer SupportEmail: support@rontoxm.com Phone: +34 910039945 RontoXM was founded in Spain in 2023. It is quite new but offers multiple trading instruments like Forex, CFDs, Indices, Stocks, Commodities, Metals, Digital Currencies and Bonds. Besides, the leverage is up to 1:400. However, the minimum deposit is too high, and it lacks regulation.Pros and Cons Pros Cons Leverage up to 1:400High minimum deposit Various trading assetsNot regulated Relatively newIs RontoXM Legit? RontoXM is registered by NameCheap, Inc. in Spain. However, The National Securities Market Commission (CNMV) issues the warning of RontoXM for traders that RontoXM is not registered.What Can I Trade on RontoXM? Tradable Instruments Supported Forex✔ CFDs✔ Indices✔ Stocks✔ Commodities✔ Metals✔ Digital Currencies✔ Bonds✔ Energies❌Account Type RontoXM provides five account types: Silver, Gold, Platinum, Diamond and Exclusive. Account TypesTrading Balance Silver$5000 - $20000 Gold$21000 - $50000 Platinum$51000 - $100000 Diamond$101000 - $170000 Exclusive$171000 - $250000Leverage The maximum leverage of RontoXM is up to 1:400. Leveraged trading multiplies the potential rewards, but also the risk.Trading Platform Trading PlatformSupported Available Devices Suitable for Web-trader✔PC, mobileExperienced tradersCustomer Service Contact Options Details Phone +34 910039945 Email support@rontoxm.com Support Ticket System ❌ Online Chat ✔ Social Media ❌ Supported Language Spain, English Website Language Spain, English Physical Address ❌The Bottom Line In conclusion, though RontoXM offers various trading assets, it is not regulated. And safety can't be guaranteed. Besides, the minimum deposit is higher in the market. Traders should think twice when choosing brokers.FAQs Is RontoXM safe? No, RontoXM is not regulated by any financial authorities. Is RontoXM a good for beginners? No. It is not safe. Is RontoXM good for day trading? No. The fees of RontoXM are not transparent.