Abstract:Rynat Trading Ltd is a Cyprus Investment Firm founded in 2016 that operates under the authorization and regulation of CySEC (Cyprus Securities and Exchange Commission) with the License No 303/16. The company also operates the XTrend App under its license. Rynat conforms to EU standards and complies with the rules outlined in MiFID II (Markets in Financial Instruments Directive II), facilitating its services throughout the EU.
Rynat Review Summary | |
Founded | 2015 |
Registered Country/Region | Cyprus |
Regulation | Cyprus (CySEC, License No. 303/16) |
Products and services | Reception and transmission of orders, execution of orders, dealing on own account |
Demo Account | / |
Leverage | / |
Spread | Tight spreads, lower than 1 pip |
Trading Platform | XTrend App (iOS & Android), XTrend Forum (Web-based) |
Min Deposit | $50 |
Customer Support | Address: 18, Monis Machera Street, 4th Floor Office 401, P.O. Box 51217, Limassol, Cyprus |
Phone: +357 25 258 020 | |
Fax: +357 25 258 039 | |
E-mail: info@rynattrading.com, compliance@rynattrading.com |
Providing safe and open financial services, Rynat Trading LTD is a broker with Cyprus headquarters run under CySEC. It fits both beginners and experienced traders with tight spreads, a modest minimum deposit of $50, and access to the XTrend Forum for social trading.
Pros | Cons |
Regulated by CySEC | No mention of demo or Islamic accounts |
Tight spreads (below 1 pip) | Limited leverage information |
Social trading via XTrend Forum | Limited trading instruments information |
Under Cyprus Securities and Exchange Commission (CySEC), Rynat Trading Ltd is a licensed financial firm. Licensing number 303/16 denotes a Market Making (MM) license. Since June 30, 2016, the company has been under supervision to guarantee adherence to CySEC guidelines.
Rynat Trading Ltd, authorized by CySEC, provides the following investment services: reception and transmission of orders, execution of orders on behalf of clients, and dealing on its own account.
Serving traders of all stripes, the broker presents one portfolio with a minimum deposit starting at $50. The accounts have negative balance protection, tight spreads (below 1 pip) and one-click operation. Although the site offers cheap investment starting at $10/lot and gives access to the XTrend Forum for social trading and community involvement, there is no reference of Demo or Islamic accounts. These characteristics make the accounts fit for both new and seasoned traders.
With tight spreads starting at less than 1 pip, which is below industry standards and advantageous for traders, Rynat Trading LTD provides low costs.
Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
XTrend App | ✔ | iOS and Android (App Store, Google Play) | Mobile traders looking for social trading and convenience |
XTrend Forum | ✔ | Accessible via the web | Traders seeking social trading and networking opportunities |
The broker does not mention whether it charges deposit or withdrawal fees. The minimum deposit amount is $50.
Payment Provider | Min. Deposit | Regulatory Authority |
EcommBX Ltd | $50 | Authorised by the Central Bank of Cyprus (CBC) |
Klarna Bank AB (Sofort) | $50 | Authorised by the Swedish Financial Supervisory Authority (SFSA) |
Paypal (Europe) S.à r.l. et Cie, S.C.A. | $50 | Authorised by the Commission de Surveillance du Secteur Financier (CFSSF) |
Paysafe Financial Services Limited (Neteller) | $50 | Authorised by the Financial Conduct Authority (FCA) |
SafeCharge Ltd | $50 | Authorised by the Central Bank of Cyprus (CBC) |
Skrill Limited | $50 | Authorised by the Financial Conduct Authority (FCA) |
Credorax Bank Limited | $50 | Authorised by the Malta Financial Services Authority (MFSA) |
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
The sudden arrest of former Philippine President Rodrigo Duterte on an International Criminal Court (ICC) warrant has sent shockwaves through global markets and regional investors alike. While Duterte’s arrest is being hailed by human rights groups as a decisive step toward accountability for his controversial “war on drugs,” it also raises significant questions about factors that can strongly influence the forex market.
Fintech – short for financial technology – is rapidly transforming the way people manage, invest, and even earn money. In this article, we’ll explore various ways fintech can help you make money, from smarter investing to launching a side hustle, while also reducing costs and boosting your financial health.
Discover the secret to 90% winning trades with chart patterns, indicators, and pro strategies. Master trading charts for consistent wins!