Rynat Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.rynattrading.com/, the company's legitimate regulatory information CyprusCYSECMarket Making(MM), to enhance the security of the company's address 18, Monis Machera Street 4th Floor Office 401 P.O. Box 51217, Limassol, Cyprus.
Rynat Forex Broker
Basic information
Cyprus
5-10 years Regulated in Cyprus Market Making(MM) Suspicious Scope of Business Medium potential riskCompany profile
Rynat Information
Providing safe and open financial services, Rynat Trading LTD is a broker with Cyprus headquarters run under CySEC. It fits both beginners and experienced traders with tight spreads, a modest minimum deposit of $50, and access to the XTrend Forum for social trading.
Pros and Cons
| Pros | Cons |
| Regulated by CySEC | No mention of demo or Islamic accounts |
| Tight spreads (below 1 pip) | Limited leverage information |
| Social trading via XTrend Forum | Limited trading instruments information |
Is Rynat Legit?
Under Cyprus Securities and Exchange Commission (CySEC), Rynat Trading Ltd is a licensed financial firm. Licensing number 303/16 denotes a Market Making (MM) license. Since June 30, 2016, the company has been under supervision to guarantee adherence to CySEC guidelines.
What Can I Trade on Rynat?
Rynat Trading Ltd, authorized by CySEC, provides the following investment services: reception and transmission of orders, execution of orders on behalf of clients, and dealing on its own account.
Account Types
Serving traders of all stripes, the broker presents one portfolio with a minimum deposit starting at $50. The accounts have negative balance protection, tight spreads (below 1 pip) and one-click operation. Although the site offers cheap investment starting at $10/lot and gives access to the XTrend Forum for social trading and community involvement, there is no reference of Demo or Islamic accounts. These characteristics make the accounts fit for both new and seasoned traders.
Rynat Fees
With tight spreads starting at less than 1 pip, which is below industry standards and advantageous for traders, Rynat Trading LTD provides low costs.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| XTrend App | ✔ | iOS and Android (App Store, Google Play) | Mobile traders looking for social trading and convenience |
| XTrend Forum | ✔ | Accessible via the web | Traders seeking social trading and networking opportunities |
Deposit and Withdrawal
The broker does not mention whether it charges deposit or withdrawal fees. The minimum deposit amount is $50.
| Payment Provider | Min. Deposit | Regulatory Authority |
| EcommBX Ltd | $50 | Authorised by the Central Bank of Cyprus (CBC) |
| Klarna Bank AB (Sofort) | $50 | Authorised by the Swedish Financial Supervisory Authority (SFSA) |
| Paypal (Europe) S.à r.l. et Cie, S.C.A. | $50 | Authorised by the Commission de Surveillance du Secteur Financier (CFSSF) |
| Paysafe Financial Services Limited (Neteller) | $50 | Authorised by the Financial Conduct Authority (FCA) |
| SafeCharge Ltd | $50 | Authorised by the Central Bank of Cyprus (CBC) |
| Skrill Limited | $50 | Authorised by the Financial Conduct Authority (FCA) |
| Credorax Bank Limited | $50 | Authorised by the Malta Financial Services Authority (MFSA) |
Rating Index
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Latest Reviews
Mason_st
United Kingdom
Quotes on this platform are incredibly messy, can you believe? They just want to use confusing information to mislead you, then take your money away…
Neutral
2022-11-22
涛62793
Hong Kong
The price of crude oil has dropped to 23.7- 23.8, while which was even soaring to 24.8! Thus, I suffered losses.
Exposure
2020-03-18
FX1046772946
Venezuela
I saw this company's advert and wanted to check it out but found that they don't provide MT4 or MT5 platform. Personally, I don't want to waste time getting used to a new platform that I don't know is good or bad. Who knows if this will be a waste of time effort?
Neutral
2022-11-25