RannForex
abstrak：RannForex, founded in 2013, is a brokerage registered in Seychelles. The trading instruments it provides cover 49 types of forex, 5 types of metals, 3 types of energies, 11 types of indices. It is regulated by Seychelles.
| RannForex Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Seychelles |
| Regulation | FSA |
| Market Instruments | 49 types of forex, 5 types of metals, 3 types of energies, 11 types of indices |
| Account Type | MT5 PRO Account, MT5 ZERO Account |
| Demo Account | ✔ |
| Leverage | Up to 1:500 |
| Minimum trading set | 0.01 lots |
| Trading Platform | MT5 |
| Payment Method | Bank Wire, Crypto, Volet |
| Customer Support | Email: info@rann.forex |
| Physical Address: Block B, Global Village, Jivan's Complex, Mont Fleuri,Mahe, Seychelles. | |
RannForex Information
RannForex, founded in 2013, is a brokerage registered in Seychelles. The trading instruments it provides cover 49 types of forex, 5 types of metals, 3 types of energies, 11 types of indices. It is regulated by Seychelles.
Pros and Cons
| Pros | Cons |
| Regulated | No Islamic account |
| Wide range of trading instruments | No information about phone |
| Generous leverage up to 1:500 | Limited payment methods |
| MT5 supported | No MT4 supported |
| Demo account available | |
| Low min deposit | |
| High maximum leverage |
Is RannForex Legit?
RannForex is regulated by FSA in Seychelles. Its current status is offshore regulated.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Seychelles | FSA | RannForex Limited | Retail Forex License | SD151 | Offshore Regulated |
What Can I Trade on RannForex?
RannForex offers traders 49 types of forex, 5 types of metals, 3 types of energies, 11 types of indices to trade.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energies | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Types
RannForex offers 2 different types of accounts to traders - MT5 PRO Account, MT5 ZERO Account. It also provides demo accounts.
| Account Type | MT5 PRO Account | MT5 ZERO Account |
| Min Deposit | $2 | $2 |
| Minimum volume | 0.01 Lot | 0.01 Lot |
| Leverage | 1:500 | 1:500 |
| Locked margin | 50% | 50% |
| Commission | $20 per 1 million USD (for one side) around 4$ per lot | $0 (moved to spread) |
| Stop out | 60% | 60% |
| Demo Account | ✔ | ✔ |
RannForex Fees
RannForex charges $20 per 1 million USD (for one side) around 4$ per lot for MT5 PRO Account, $0 (moved to spread) for MT5 ZERO Account. RannForex's spreads are 0.1 - 976.6 pips.
Trading Platform
RannForex's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Web, Mobile |
| MT4 | ❌ |
Deposit and Withdrawal
The broker supports provides 3 type of deposit and withdrawal methods - Bank Wire, Crypto, Volet. RannForex charges fees for deposits and withdrawals.
| Currency | Fee | Time limits | Notes | |
| Bank Wire | USD | 0% | Few days | Regular wire transfer |
| Crypto | USD | 0.5% | Immediately | B2BinPAY - Cryptocurrencies (USDT, BTC, ETH etc.) |
| Volet | USD | 1% | Immediately | Volet (ex Advcash) – popular payment system. |
| Currency | Fee | Time limits | Notes | |
| Bank Wire | USD | 0% | Few days | Regular wire transfer |
| Crypto | USD | 0.5% | Immediately | B2BinPAY - Cryptocurrencies (USDT, BTC, ETH etc.) |
| Volet | USD | 1% | Immediately | Volet (ex Advcash). ** Withdrawals are automatic up to 500 USD per day. |
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