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Renesource Capital |
| Voting Rating | Renesource Capital does not participate in the Forex Rating Submit Forex Broker |
| Reviews Rating | |
| Regulation | FKTK |
| Trading software | MetaTrader 4, Integral FX Power Trader |
| Headquartered | Karla Ulmana gatve 2, LV – 1004, Riga, Latvija |
Renesource Capital is the oldest and the largest investment brokerage company in Latvia, where the shareholder structure is not controlled by or affiliated (consolidated) with a bank or a financial group, but is controlled by a private structure of shareholders (senior executives) . The business strategy of Renesource Capital is focuses on investment services (brokerage, fiduciary and custody services) and financial consulting.
Our knowledge and experience, our network of counterparties – the first-rate banks, investment brokerage companies and investment funds – all this ensures fastest customer orders execution and access to the most significant asset on this market: information. Our first-rate partners provide our customers with direct access to stock market first-rate information.
Renesource Capital complies with European Union directives on financial reporting and follows the specific rules regarding working with customers. Renesource Capital customers deal with the reliable and trusted partner, the provider of investment services in the officially regulated environment.
FOREX market
Forex is the international interbank currency market that doesn’t not sleep. The market functions around the world, from Wellington in New Zealand to Los Angeles in the USA, it operates around the clock, 24 hours a day, 5 days a week. The international FOREX market is by far the largest financial instruments OTC market in the world. According to the Bank of International Settlements data (BIS,www.bis.org, global FOREX turnover climbed to 5.3 trillion USD per day in 2013 from 4.0 trillion USD in 2010. This 35% rise even outpaced the 20% rise from 2007 to 2010! It is worth noting that spot was the largest contributor to turnover growth, accounting for 41% of the turnover rise. At 2.05 trillion USD per day, SPOT trading almost reached the same volume as FOREX swaps (2.23 trillion USD) and accounts for 39% of total FOREX turnover.
Obviously, the main part of foreign exchange transactions volume is carried out by large participants of the forex market: central banks, credit institutions, investment banks, hedge funds, asset managers, transnational corporations etc., who perform foreign exchange transactions either for speculative purposes or for hedging against exchange rate risks.
In the last decates, the dynamics of forex rates fluctuations have been greately by such factors as large international mergers and acquisitions (M&A), which generate significant cash flows. Nevertheless, today, in the age of modern information technologies and information flows, retail clients play an increasingly important role and gain a larger share of financial and capital markets, asserting themselves as quite aggressive and serious market participants.
Renesource Capital Trading Information 2023
| WWW | https://www.renesource.com/ |
|---|---|
| Address | Karla Ulmana gatve 2, LV – 1004, Riga, Latvija |
| Headquarters | Karla Ulmana gatve 2, LV – 1004, Riga, Latvija |
| Free phone | +371 67 092 737 |
| 24 hour support | |
| Trust management | |
| Expert advisors | |
| Bonuses, Promotions | |
| Sponsorship contests, competitions | |
| Trading by phone | |
| Demo account | |
| 24/5 trading | |
| Scalping | |
| Hedging | |
| PAMM | |
| Digits after the dot in quotes | 5 |
| Minimum position size | 0.01 |
| Spread Type | Variable |
| Pip spread on majors | 1-3 |
| Maximum Leverage | 500 |
| STP, $ | |
| ECN, $ | |
| Standard account, $ | 100 |
| Mini account, $ | |
| Popular payment methods | Debit/Credit Cards |
| Account currencies | EUR, USD |
| Available assets | Forex, Futures, Options on Futures CFD Shares, Options & ETFs, Bonds, Commodities |
| Languages | English |
| Platforms | MetaTrader 4, Integral FX Power Trader |
| Broker type | Broker |
| Regulation | FKTK |
| Foundation | 2009 |
Renesource Capital Reviews and Comments
In general, I have been looking for a good broker for quite a long time. I started and opened a demo account in a well-known company, but then I realized that there were problems. I started to surf upon reviews and complaints on the forums. But I didn’t close the demo. I learned to trade through my system. With the demo, there could be no problems in fact. I didn’t deposit real money. It took me about half a year on the way from demo to a trader’s real account ready for opening. That’s when the question arose about the search and choice of a broker. Frankly, it took about a month. I dismantled all the active ones on the market. I even started comparative tables with points. Analyzed everything! From trading conditions to reviews on forums. I also looked at the ratings. The result of the selection was Renesource Capital. Then there was the process of opening an account, depositing money into the account, etc. I received the first profit in my hands in a month somewhere. The withdrawal took half a day. But without any questions. So I continue to trade and I’m happy with my choice so far.
Martin
26 Apr 2023 Reply