General Information and Regulation of Reliance Capital Markets
Reliance Capital Markets it was registered in china less than 1 year ago and currently does not have any regulatory license. the information on their website is quite limited.
In the following article, we will analyze the characteristics of this merchant in all its dimensions, offering you easy and well-organized information. If you're interested, read on.
At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of the broker's features at a glance.
market instruments
currency pairs, indices, raw materials, metals, energies, cryptocurrencies, stocks… Reliance Capital Markets gives its clients access to a massive trading market. So beginners and the sophisticated alike could find whatever they want to trade at reliance capital markets.
Spreads and commissions to trade with Reliance Capital Markets
Reliance Capital Markets It does not detail on its website the additional trading costs of spreads, commissions, swaps, which are very important when calculating profits and losses. these costs should be considered together and not chosen in isolation, and if you want to trade with Reliance Capital Markets We recommend that you take some time to calculate these trading costs.
Trading accounts available at Reliance Capital Markets
demo account: Reliance Capital Markets It offers a demo account for you to try a little on the financial market without the risk of losing money.
real account: Reliance Capital Markets does not provide account information. As a general rule, a forex broker will offer several different levels of live accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit. Since interest is prohibited by law in Islamic regions, some brokers also offer Islamic accounts, which do not charge swaps.
Operating platform offering Reliance Capital Markets
The company's trading platform is a self-developed platform that can be used on computers, mobile phones and tablets.
Leverage monmaximum from Reliance Capital Markets
the maximum leverage offered Reliance Capital Markets is up to 1:500, which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. therefore, it is essential that traders choose the right amount based on their risk tolerance.
Deposit and Withdrawal: methods and fees
Reliance Capital Markets It is imprecise about how deposits and withdrawals work. bank transfer, mastercard, visa, maestro, and a number of e-wallet processors such as skrill, neteller, paypal, and others are some of the most frequent and popular payment alternatives handled by most forex brokers. The speed with which funds can be withdrawn from a forex broker is one of the most important factors in establishing the broker's credibility.
Education at Reliance Capital Markets
there is no education section on the website of Reliance Capital Markets and many brokers are able to provide a variety of educational resources such as video courses, seminars, e-books, related articles, glossaries to provide some basic knowledge about trading.
Reliance Capital Markets Customer Service
Here are more details about customer service
Languages: English, Japanese, Russian, Chinese
Service hours: 24/7
Email: support@reliancecapitalltd.com
complaints against Reliance Capital Markets that we have received in wikifx
We have not received any complaints for the moment.
Pros and Cons of Reliance Capital Markets
Pros:
many products traded.
demo account
Contras:
complaints
lack of effective regulation
lack of information
few deposit and withdrawal methods
no islamic accounts
no hay copy trading.
Lack of contact methods
Reliance Capital Markets Frequently Asked Questions
Is this broker regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
Does this broker offer demo accounts?
of course. like most brokers, Reliance Capital Markets offers demo accounts where you can try trading without risk.
How long is a demo account？
the demo account of Reliance Capital Markets it will expire in 30 idle days. if at that point you still need to continue your demo trading, you can open a new account.
2023-03-03 16:32
