Founded in 1998, Renesource Capital is a multi-service brokerage firm with more than 20 years of experience in the financial markets. They offer a wide range of services, including spot and forward forex trading, CFD trading, futures and options, broker-assisted trading, asset management, hedging and risk management, and custody and settlement.
With this broker, traders can trade forex, stock, ETFs, commodities, futures, options, and bonds on a range of provided trading platforms.
Renesource Capital Review Introduction
In this Renesource Capital review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Renesource Capital.
Renesource Capital Platforms & Tools
Renesource Capital provides clients with a wide variety of trading platforms:
MetaTrader 4 (MT4)
MT4 supports forex and CFD trading, and it’s for both manual and algorithmic trading. The broker provides different versions, including the desktop and mobile versions.
Provides direct access to interbank liquidity and market depth by aggregation of quotes from institutional liquidity providers into a single interface.
Direct access to interbank liquidity and the possibility to track your positions.
A multifunctional trading terminal that is used for trading securities on Russian Exchanges.
A popular platform for options trading.
For trading futures and futures options on currencies, bonds, commodities, metals, and agricultural products.
The broker also provides clients with additional tools, such as FIX API for direct access to the liquidity providers, Equities DMA for high-speed direct access to all major global stock markets, and Voice brokerage for voice trading.
Renesource Capital Research & Education
Renesource Capital provides a selection of educational and research materials that helps clients to understand the financial markets. They include School of Investors (with links to the publications from the market regulators), Order Placement Guide, Bond Ratings, an FAQ page, and a glossary financial terms and their meanings.
Renesource Capital Trading Accounts
There are different account types, based on the trading platform:
MT4 account types: There 3 account types that use the MT4, and each has a maximum leverage of 1:100:
- FX Micro has a minimum deposit of $10 and maximum equity of $2,000; floating spreads from 0 pips; and no commission.
- FX Classic has a $500 minimum deposit, floating spreads from 0 pips, and zero commission.
- FX Pro has a minimum deposit of $1,000, floating spreads from 0 pips, and a commission of $2.50 per lot.
Integral/Currenex account type: A minimum deposit of $50,000, floating spreads from 0 pips, leverage of 1:40, and commission of $25 for 1 million USD contract.
Renesource Capital Account Funding
Renesource Capital accepts only bank wire transfer for account funding and withdrawals. The processing time ranges from 1 to 3 days, depending on the type of transfer — standard or express, local transfer between Latvian banks, or international bank transfer.
Renesource Capital Customer Service
The broker offers a multilingual customer support service via email, telephone, Skype, and they are available 24/5. You also reach them on Facebook, Twitter, LinkedIn, and YouTube.
Renesource Capital Regulation
Renesource Capital is registered in Latvia and is licensed by the Financial and Capital Market Commission (FCMC) as an investment broker and a professional participant securities markets, with the license number 06.06.04.114/118.2. Since Latvia is an EU member state, the broker also abides by rules made by the European Securities and Markets Authority (ESMA).
Renesource Capital Review Summary
Renesource Capital is a popular investment service provider in Latvia. They offer different financial services, but in online trading services, they offer forex, stocks, ETFs, commodities, bonds, futures, and options via a wide selection of trading platforms.
It is worth mentioning that some of the trading products and services in this Renesource Capital review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Renesource Capital broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.