Real Forex Review
Real Forex was initiated in 2007 and is headquartered in London, UK. The company's goal is to give maximum trading market liquidity by associating with some of the most exceptional companies working all over the world. It is an ECN broker and offers institutional-level forex trading conditions for both individual and institutional investors. It also provides clients with cutting-edge technology and an exemplary support system.
Real Forex offers the MetaTrader 4 platform to its customers. It is an award-winning and excellent trading platform. It is available for PC, Windows Phone, Android, and iOS.
Clients can create an ECN standard account and ECN VIP account with Real Forex. The ECN standard account is a one-click trading account which demands a minimum deposit of $2,000 and a minimum position size of 0.01 lots. The spreads are variable. It offers a minimum spread of 1 pip on EUR/USD with an average of 2.2 pips. It has a maximum leverage of 1:00. Expert advisory service hedging and scalping are allowed in this type of account. Also, there is a 10% margin call level and stop-out level.
The ECN VIP account is a one-click trading account which demands a minimum deposit of $10,000 with a minimum position size of 0.1 lots. It offers a minimum variable spread of 0.5 pips on USD/EUR and an average of 1.7 pips. It also has a maximum leverage of 1:100. Expert advisory, hedging, and scalping are allowed too, and there is a 10% margin call level and stop-out level.
Real Forex also offers MAM accounts and segregated accounts. Clients can fund their account through credit cards and bank wire. For withdrawing funds, clients need to download a withdrawal request form available on the website. After that, they need to scan it and upload it on the form available on Withdrawing Your Fund tab on the website. After submitting it, the bank representative will confirm the client's receipt and process their request.
- An ECN broker
- Offers forex and CFDs trading
- Offers trading contests
- Provides free education
- Allows personal manager
- Offers MetaTrader 4 platform
- Provides ultra-fast execution
- Allows scalping and hedging
- 24-hour support system on working days
Real-Forex offers customer service for twenty-four hours a day and five days a week. Support is accessible through a phone call with a local UK number only. Clients living outside the UK who want to reach the company for free can contact it by live chat, email, or filling up a Contact Us form available on the website or they can send an offline message. Real Forex has an exemplary customer support system and mostly replies email and offline messages within a day.
Real Forex is an exceptional broker, but its biggest disadvantage is that it is still unregulated. However, it is an entirely transparent and reliable forex broker. It offers fast execution, competitive spreads, and daily market analysis through emails. Despite its many advantageous features, new traders find themselves hindered in trading with it due to high initial deposits.
Office website: https://real-forex.com/