FXRANEX Review

| June 5, 2016 | 0 Comments

Company Overview

Operating out of Belize, FXRANEX is an online brokerage firm that offers a multi-asset trading platform to its users. It is a technologically advanced and innovation-driven brokerage firm that allows its users to trade on all major markets such as forex, equities, Contracts for Differences (CFDs), futures, and options. FXRANEX keeps clients’ funds in completely segregated accounts that separate the clients’ money from the company’s funds. It aims to provide the highest levels of services and the same spreads and execution for both traders and investors.

Trading Platform

As for the trading platforms, FXRANEX offers two major platforms: MetaTrader 4 and WebTrader. MetaTrader 4 is widely regarded as one of the best online trading platforms that are available to traders today. Its multilingual support along with a user-friendly interface has made it a popular choice in the online trading community. It provides users with an in-depth analysis of the market with charts and blocks of data that are updated in real-time which, in turn, allows users to make the most of the current situation with minimum slippage.

Another reason for the immense popularity of the MetaTrader platform is that it offers iOS, Windows Phone, and Android apps to its users, which allows the traders to view the market on the go and make transactions wherever they are.

Apart from the MetaTrader platform, FXRANEX also offers its user the brand new WebTrader, which allows its clients the ability to trade without having to download or install any software. Traders can just log into the online trading platform and start making trades in a millisecond.

There are two different account types available to the users of FXRANEX: the Mini Account and the Islamic Account. The Mini account differs from the Islamic account as it offers swaps. It requires a minimum initial deposit of $100 and promises the tightest, fixed spreads starting from as low as 2.0 pips at a maximum leverage of up to 1:500. Traders can also avail the Islamic account on the Mini by just opting not to have any swaps on their accounts.

Features

  • 100% deposit bonus
  • 24/5 customer support
  • No swap for all accounts
  • No requotes policy
  • Leverage of up to 1:500
  • Negative balance protection
  • EA friendly
  • Personal account manager for all accounts
  • Hedging is possible
  • Scalping permitted
  • No rejections

Customer Support

FXRANEX has one of the best customer support programs. It takes care of its immensely diverse clientele by making use of Google Translate and providing its website in more than 90 languages, which include languages like English, Spanish, French, German, Arabic, Chinese, Hindi, Urdu, Greek, Japanese, and Korean. Moreover, users can fill out a contact form that allows them to register complaints to the brokerage firm. Users can also register their complaints via phone, mail, and email.

Conclusion

Even though FXRANEX doesn’t have a live chat feature which inhibits users from getting solutions to their problems in real time, it offers many exclusive and lucrative incentives to its users which hides its weaknesses and highlights its strengths.

Office website: https://fxranex.com/

Category: Reviews

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