ROSYSTYLE WEALTH Forex Broker

Rosystyle Wealth Forex Broker - Complete Information Guide

1. Broker Overview

Rosystyle Wealth Limited, established in 2006, is a financial trading service provider headquartered in the United Kingdom. This private company has developed a global business model, offering a range of financial products and services to clients across various markets. The broker primarily caters to retail and institutional clients, providing access to a diverse array of financial instruments.

Throughout its history, Rosystyle Wealth has achieved several significant milestones, including the acquisition of the Mauritius-based forex broker AUS Invest in 2018. This strategic move allowed the company to expand its offerings and improve its service quality. The firm claims to have a global presence, covering regions such as Europe, Asia, Africa, and Australia, and provides customer support to clients in over 180 countries.

Rosystyle Wealth operates primarily in the retail forex sector, offering trading services in various asset classes, including currencies, commodities, indices, and cryptocurrencies. As a broker, it aims to provide low trading costs and a user-friendly trading environment, positioning itself as a competitive player in the financial services industry.

2. Regulatory and Compliance Information

Rosystyle Wealth operates under a suspicious regulatory framework, with no valid regulatory information available. It is crucial for potential clients to exercise caution when dealing with this broker, as the lack of regulation poses significant risks. The broker does not appear to be registered with any major financial regulatory authorities, which raises concerns about the safety of client funds.

The absence of a regulatory license means that Rosystyle Wealth does not adhere to the standard practices expected of regulated brokers, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. Furthermore, there is no information available regarding the segregation of client funds or participation in an investor compensation scheme, which are essential for protecting clients in the event of broker insolvency.

Clients should be aware that trading with unregulated brokers can lead to potential losses without any legal recourse. It is advisable to conduct thorough research and consider the risks before engaging with Rosystyle Wealth.

3. Trading Products and Services

Rosystyle Wealth offers a comprehensive range of trading products, primarily focusing on forex trading. The broker provides access to a variety of currency pairs, including major, minor, and exotic currencies. The minimum trading size for forex is set at 0.01 lots, allowing traders to engage in the market with flexibility.

In addition to forex, Rosystyle Wealth provides Contracts for Difference (CFDs) across several asset classes, including:

• Indices: A diverse selection of global indices for trading.
• Commodities: A portfolio of commodities with low margins.
• Stocks: Access to various stock CFDs.
• Cryptocurrencies: Trading in popular cryptocurrencies with low handling fees.

The broker claims to maintain a competitive edge by offering low trading costs and high liquidity across its product range. However, details regarding the frequency of product updates and the introduction of new trading instruments remain unclear.

Rosystyle Wealth also provides services for retail traders, with a focus on creating a user-friendly trading experience. While institutional services are mentioned, specific details on their offerings are limited.

4. Trading Platforms and Technology

Rosystyle Wealth supports the industry-standard MetaTrader 4 (MT4) trading platform, which is available on various devices, including iOS, Android, and PC. The MT4 platform is known for its user-friendly interface, advanced charting tools, and support for automated trading through Expert Advisors (EAs).

The broker emphasizes the importance of a stable and efficient trading environment, claiming to provide low latency connections and excellent liquidity. However, there is no indication of a proprietary trading platform or additional web-based trading solutions.

The execution model employed by Rosystyle Wealth is primarily ECN (Electronic Communication Network), which is designed to facilitate faster order execution and better pricing for traders. The broker's technical infrastructure is stated to be robust, but details regarding server locations and specific technologies used are not disclosed.

Additionally, the broker offers API access for traders interested in automated trading solutions, although specific information about the API's capabilities is not provided.

5. Account Types and Trading Conditions

Rosystyle Wealth offers two main account types: Standard Accounts and ECN Accounts. The minimum deposit requirement for opening an account is set at $1,000.

Standard Account Conditions:

• Spreads: Competitive spreads starting from 0.0 pips on the MT4 platform, with an average spread of 0.1 pips on the EUR/USD pair.
• Commission: Details regarding commission structures are not explicitly stated.

ECN Account Conditions:

• Leverage: The maximum trading leverage offered is up to 1:400, allowing traders to amplify their potential gains (and losses).
• Minimum Trade Size: The minimum trading size is 0.01 lots.

In addition to standard and ECN accounts, Rosystyle Wealth may offer specialized accounts such as Islamic accounts and corporate accounts, although specific details about these account types are not provided.

The broker also offers a demo account for traders to practice their strategies without risking real money. However, details regarding the demo account's features and duration are not specified.

Overnight Fees:

Information on overnight fees, also known as swap rates, is not readily available, which may be a consideration for traders who hold positions overnight.

6. Fund Management

Rosystyle Wealth supports a variety of deposit methods, including:

• Bank Transfers
• Credit Cards
• E-wallets

The minimum deposit requirement varies by account type, with a general minimum of $1,000 for standard and ECN accounts.

Deposit Processing Time:

Deposits are typically processed within a short timeframe, although specific timeframes for each method are not detailed.

Deposit Fees:

Information regarding deposit fees is not provided, making it essential for potential clients to inquire directly with the broker.

Withdrawal Methods and Restrictions:

Withdrawals can be made through similar methods as deposits, but specific details regarding withdrawal limits and processing times are not disclosed.

Withdrawal Processing Time:

The processing time for withdrawals is not explicitly mentioned, which may lead to uncertainty for clients.

Withdrawal Fees:

There is no clear information on the fee structure for withdrawals, which could impact the overall trading costs for clients.

7. Customer Support and Educational Resources

Rosystyle Wealth offers customer support through various channels, including:

• Phone: Available for direct inquiries.
• Email: Clients can reach out for assistance.
• Online Chat: Instant messaging support for quick questions.
• Social Media: Engagement through platforms like Facebook and Twitter.

Service Hours and Time Zone Coverage:

Customer support is available 24/5, accommodating clients across different time zones.

Multilingual Support:

The broker provides support in multiple languages, although specific languages offered are not detailed.

Educational Resources:

Rosystyle Wealth offers educational materials such as:

• Webinars: Live sessions covering various trading topics.
• Tutorials: Guides for new traders.
• E-books: Downloadable resources for self-study.

Market Analysis Services:

The broker provides daily market analysis, news updates, and research reports to keep clients informed about market trends and opportunities.

Trading Tools:

Traders can access various tools, including calculators, economic calendars, and signal services, to enhance their trading experience.

8. Regional Coverage and Restrictions

Rosystyle Wealth primarily serves clients in Europe, Asia, Africa, and Australia. The broker has established a presence in these regions to cater to a diverse client base.

Regional Office Distribution:

While specific regional office locations are not disclosed, the broker claims to have a global business layout.

Countries/Regions Not Accepted:

Certain countries may be restricted from opening accounts with Rosystyle Wealth, although specific countries are not listed.

Special Restrictions:

Details regarding any special restrictions on trading or account types are not provided, making it important for potential clients to verify their eligibility directly with the broker.

In conclusion, while Rosystyle Wealth offers a range of trading products and services, potential clients should carefully consider the risks associated with trading with an unregulated broker. It is advisable to conduct thorough research and ensure that any trading decisions are made with a clear understanding of the associated risks and benefits.