Verified: RannForex Limited Is Established In The Seychelles And Is Regulated By The Financial Services Authority (FSA) With License Number SD151, But It Should Be Noted That This Regulation Is Offshore. Please Consider The Risks At Your Own Discretion!
According To The Company's Official Website:
RannForex Offers A Wide Range Of Market Instruments Including Indices, Foreign Exchange Pairs And Commodities. The Broker Offers High Leverage Up To 1:500 And Supports Trading On The Advanced MetaTrader 5 Platform.
Pros And Cons
RannForex Stands Out For Its Wide Range Of Market Tools, Competitive Trading Conditions And Advanced MetaTrader 5 Platform. The Broker Offers Flexible Account Options With Low Minimum Deposits And High Leverage, Making It Suitable For Both Novice And Experienced Traders.
Instant Deposit And Withdrawal Options Add Convenience, However, The Broker Charges Commissions On Certain Accounts And Traditional Bank Transfers Can Take A Few Days.
Market Tools
RannForex Offers Traders A Wide Variety Of Market Tools Covering Indices, Forex Pairs And Commodities.
For Indices, Traders Can Access Popular Markets Such As ASX200, CAC40, DAX30, DJI30, FTSE100, HSI50, IBEX35, JP225, NQ100, SP500 And STOXX50.
These Indices Represent Major Global Markets And Offer The Opportunity To Trade On The Performance Of Large Portfolios Of Stocks.
In The Forex Market, RannForex Offers A Wide Selection Of Currency Pairs. These Include AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNOK, EURNZD, EURPLN, EURRUB, EURSEK, EURSGD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZD USD, USD CAD, USD CHF, USD CNH, USD DKK, US DH KD, USDJPY, USD MX N, USD NOK, USD PLN, US DRUB, USD SEK, USD SGD, And USDZAR, Among Other Major Currency Pairs.
These Currency Pairs Cover A Wide Range Of Global Currencies, Enabling Traders To Diversify Their Trading Strategies Between Different Traders Can Invest In Silver And Gold Through Trading Pairs Such As XAGAUD, XAGUSD, XAUAUD, XAUEUR, And XAUUSD.
In Addition, Energy Commodities Such As XBRUSD, XNGUSD, And XTIUSD Are Offered, Providing Traders With The Opportunity To Participate In The Dynamics Of The Global Energy Market.
Account Types
RannForex Offers Multiple Trading Account Types To Meet Different Trading Needs And Preferences. Each Account Type Offers Unique Features And Conditions Designed To Optimize The Trading Experience.
MT5.PRO Account Provides Aggregated Liquidity And Supports Trading Of Forex And CFD Instruments. These Accounts Can Be Operated Using Hedging Or Net Accounting Methods. There Is No Minimum Deposit Requirement And A Minimum Trading Volume Of 0.01 Lots.
Traders Can Leverage Up To 1:500 And Trade A Maximum Of 100 Lots. Trading Fees For Commissions Are $20 Per $1 Million Of Trading Volume (one-sided), Which Is Approximately $4 Per Lot.
In Addition, The Account Includes Features Such As A 50% Lock-in Margin, Dividend Adjustment For The CFD Index And A 60% Mandatory Position Squaring Level.
The MT4.PRO Account Also Provides Aggregate Liquidity For Forex And CFD Trading Using A Hedged Accounting Approach, Similar To MT5.PRO Accounts, With No Minimum Deposit Requirement And A Minimum Trading Volume Of 0.01 Lots.
The Maximum Lot Size And Leverage Are The Same, 100 Lots And 1:500, Respectively. The Commission Structure Is The Same. The Commission Is $20 Per $1 Million Of Trading Volume, Which Is Equivalent To $4 Per Lot. It Also Includes A 50% Lock-in Margin, A Dividend Adjustment For The CFD Index, And A 60% Mandatory Position Squaring Level.
MT5.ZERO Accounts Are Another Option That Offer Aggregate Liquidity For Forex And CFD Trading. They Support Hedging And Net Accounting Methods. There Are No Minimum Deposit Requirements And A Minimum Trading Volume Of 0.01 Lots.
Maximum Lot Size Is 100 Lots And Leverage Is 1:500. These Accounts Have No Commissions And Are Very Attractive For Cost-conscious Traders. Other Features Include A 50% Lock-in Margin, Dividend Adjustment For CFD Indices And A 60% Mandatory Position Squaring Level.
MT5. CRYPTO. FUT Accounts Offer Cryptocurrency Trading On Binance Liquidity. These Accounts Support Hedging And Net Accounting Methods. There Is No Minimum Deposit Requirement. The Minimum Trading Volume Is 5 USDT. There Is No Maximum Trading Volume Limit. Leverage Is Set At 1:20.
Trading Fees Are 0.08% Per Trade (one-sided) And There Is A 50% Lock-in Margin. These Accounts Do Not Offer Dividend Adjustments And Have A 60% Mandatory Position Squaring Level.
MT5.IPO Accounts Are Focused On Trading IPO And Pre-IPO Instruments And Have The Liquidity Of An Exchange. They Use Hedging Accounting Methods And Have No Minimum Deposit Requirement. The Minimum Trading Volume Is 1 And The Maximum Trading Volume Is 10,000. Leverage Is 1:1.
There Is No Locked Margin, Commissions Include Trading Commissions And Profit Commissions, These Accounts Do Not Offer Swaps Or Dividend Adjustments, And There Is No Mandatory Position Squaring Level.
Leverage
RannForex Offers Maximum Trading Leverage Of Up To 1:500, Enabling Traders To Control Larger Positions With Less Capital, Meaning You Can Potentially Make Higher Profits From Small Market Swings, But Also Increase The Risk Of Losing Money.
High Leverage Is Suitable For Experienced Traders Who Understand And Can Manage These Risks.
In Addition, To Protect Traders From High Volatility In The Market, The Maximum Leverage Will Be Reduced To 1:100 One Hour Before The Market Closes On Friday, Which Helps Mitigate Latent Risk When The Market Closes On Weekends.
Spreads And Commissions
RannForex Offers A Range Of Trading Accounts, Each With A Different Spread And Commission Structure To Meet Different Trading Needs. For MT5.PRO And MT4.PRO Accounts, Traders Benefit From Smaller Spreads Due To Pooling Liquidity.
These Spreads Are Variable And Depend On Market Conditions, Ensuring Competitive Transaction Costs. On The Other Hand, MT5.ZERO Accounts Stand Out With Zero Spreads, Providing A Favorable Option For Those Traders Who Prioritize Cost-effectiveness And Precise Market Entry And Exit.
MT5. CRYPTO. FUT Accounts Specialize In Cryptocurrency Trading, Offering Variable Spreads That Reflect The Highly Liquid And Dynamic Nature Of The Cryptocurrency Market. These Accounts Have Competitive Spreads And Benefit From The Liquidity Provided By Binance.
For MT5 Specifically Designed For Trading In IPO And Pre-IPO Instruments. IPO Accounts, Due To The Characteristics Of These Markets, Spreads May Be Subject To Significant Movement. These Spreads Are Designed To Reflect The Underlying Exchange Liquidity And The Specific Characteristics Of Each IPO Offering.
In PAMM Accounts That Involve Professional Management And Potential Profit Sharing, Traders Can Also Enjoy Smaller Spreads By Pooling Liquidity. These Spreads Are Competitive And Provide A Favorable Trading Environment For Managers And Investors.
The Commission Structure In RannForex Accounts Is Designed To Be Transparent And Predictable. MT5.PRO And MT4.PRO Accounts Charge A Commission Of Twenty Dollars Per Million Dollars Traded, Which Equates To About Four Dollars Per Lot Traded. This Structure Ensures That Traders Have Clear And Concise Trading Costs.
MT5.ZERO Accounts, However, Have No Commission Fees, Making Them Very Attractive To Traders Who Want To Minimize Additional Transaction Fees.
The MT5.CRYPTO. FUT Account Charges 0.08% Commission Per Trade. The Commission Varies With The Size Of The Trade, Keeping Cryptocurrency Trading Cost-effective. The MT5.IPO Account Has A Dual Commission Structure That Includes Trading Commissions And Profit Commissions.
This Structure Aligns The Interests Of The Trader And The Brokerage Firm. The Commission Reflects Trading Activity And Profitability.
In The PAMM Account, The Commission Is Charged At Twenty-five Dollars Per Million Dollars Traded, Or About Five Dollars Per Lot Traded. This Higher Commission Rate Reflects The Managed Nature Of These Accounts, Providing Managers And Investors With Professional Management And Potential Profit Sharing.
Overall, RannForex Offers A Comprehensive Spread And Commission Structure Across Its Various Trading Accounts, Ensuring Flexibility, Competitiveness And Transparency For Traders With Different Needs And Preferences.
Deposits And Withdrawals
RannForex Offers A Wide Range Of Deposit And Withdrawal Options Designed To Provide Traders With Flexibility And Convenience.
Deposit Options
For Depositing Funds, RannForex Supports Three Main Methods:
Bank Transfer: This Traditional Method Allows Traders To Deposit Funds In USD For A Fee Of $15. The Transfer Process Usually Takes Several Days To Complete. This Option Is Suitable For Those Who Prefer To Make Regular Telegraphic Transfers Through Banking Institutions.
Volet (formerly Advcash): Traders Can Deposit Funds Using This Popular Payment System Called Volet, Where Deposits Are Denominated In USD. There Is A Fee Of 1% For Using This Method And The Funds Will Arrive Immediately. Volet Is Known For Its Efficiency And Convenience, Becoming The First Choice For Many Traders.
Perfect Money: Another Popular Payment System, Perfect Money Allows Deposits In US Dollars With A 2% Fee. Deposits Made Through Perfect Money Are Also Processed Immediately, Providing Quick Access To Transaction Funds.
Withdrawal Options
RannForex Ensures That Withdrawals Are As Easy As Deposits, Offering The Following Methods:
Bank Transfer: Similar To Deposits, Withdrawals Are Processed In US Dollars Via Bank Transfer With A $15 Processing Fee. The Withdrawal Process Takes Several Days To Complete And Is Suitable For Those Who Prefer Traditional Banking Methods.
Volet (formerly Advcash): Withdrawals Made Using Volet Are Denominated In US Dollars With A 2% Processing Fee. For Amounts Up To $500 Per Day, Processing Is Done Immediately, Automatically. This Method Is For People Who Need Quick Access To Their Funds.
Perfect Money: For Withdrawals, Perfect Money Also Charges A 2% Processing Fee, Processing Transactions In USD. Similar To Volet, Withdrawals Up To $500 Per Day Are Done Immediately, Providing Traders With A Quick Way To Access Their Funds.
These Options Ensure That Traders Can Choose The Method That Best Suits Their Needs, Whether It's Prioritizing Speed, Cost, Or The Convenience Of Their Preferred Payment System.
Trading Platform
RannForex Uses The MetaTrader 5 (MT5) Platform, One Of The Most Popular Trading Platforms In The Forex And CFD Markets. MT5 Is Renowned For Its Functionality, Convenience And Reliability, And Is Renowned As One Of The Best Trading Platforms In The World.
The Platform Supports Both Demo And Real Trading Accounts, Providing Trailing Stop Functions And A Variety Of Free Data, Indicators, Advisors And Scripts. In Addition, MT5 Allows Traders To Create Their Own Indicators, Advisors And Strategies Using The MQL Programming Language, Making It Easy To Use Expert Advisors For Advanced Automated Trading.
Additionally, RannForex Ensures That Traders Can Manage Their Accounts And Trade From Anywhere Through The MetaTrader 5 Mobile App. Available On IPhone, IPod Touch, IPad, Android And Windows Mobile Devices, The App Offers Flexibility And Control To Out-of-home Traders. By Using Any Mobile MT5 App, Traders Can Access Their RannForex Account And Connect To The MTrading Server, Ensuring A Seamless Trading Experience Across Multiple Devices. The Mobile Platform Enables Traders To Stay Connected To The Market And Their Accounts, Making Trading Convenient And Accessible From Almost Anywhere.
Customer Support
RannForex Offers Dedicated Customer Support To Assist Traders In Answering Questions And Meeting Needs.
Traders Can Be Contacted Directly Via Email Info@rann.forex, Ensuring Prompt Responses To Their Questions And Concerns.
This Combination Of Email Support And A Proven HQ Underscores RannForex's Commitment To Providing A Comprehensive And Convenient Client Server.
