User Reviews
More
User comment
1
CommentsWrite a review
Score
Cyprus
15-20 yearsRegulated in Cyprus
Market Making(MM)
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Quantity 7
Exposure
Score
Regulatory Index6.67
Business Index9.12
Risk Management Index0.00
Software Index6.00
License Index6.32
Single Core
1G
40G
More
Company Name
Renaissance Securities (Cyprus) Limited
Company Abbreviation
Renaissance Capital
Platform registered country and region
Cyprus
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
This was another name of GHC and continue to did scams.
Ghc absconds in September and cannot withdraw till now. Everyone takes a look on screenshot
On September 4th, the website could not be opened at the same time, and then GHC became this dealer, scammer.
This is a change from GHC. The boss is Huang Xianrong, a Malaysian. It is a fake platform and does not allow withdrawals. When depositing money, it is claimed that the money is in a separate account with ANZ Bank and is subject to supervision. This is a lie.
It is already said that you have connection with GHC. You had scammed so many people.
From GHC again to this trader, the scammers continue to cheat. Only we Chinese investors take the result.
Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks.
Renaissance Capital Review Summary | |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Products & Services | equity, forex, fixed income, derivatives, etc. |
Account Type | Single Multi-Currency & Multi-Asset account |
Customer Support |
Renaissance Capital is a financial services firm renowned for its expertise in providing bespoke financing solutions to a diverse clientele. With a global presence, the company caters to financial institutions, funds, corporates, asset managers, and insurance companies from around the world. Offering a wide range of trading instruments across different asset classes, including equity, FX, fixed income, derivatives, and more, Renaissance Capital empowers its clients with comprehensive financial services and unique market opportunities.
Pros | Cons |
• Regulatory oversight (CYSEC) | • Lack of direct contact ways |
• Broad range of trading instruments | • Reports of difficulties with fund withdrawals |
• Not all products & services available for US clients |
There are many alternative financial brokers to Renaissance Capital depending on the specific needs and preferences of the trader. Some popular options include:
IronFX - A prominent online trading brokerage known for providing a comprehensive platform for investors to access various financial markets.
FXTM - Known as ForexTime, is a reputable and globally recognized online forex trading broker.
UEZ Markets - A financial services company that offers various trading and investment solutions to its clients. It provides access to trading instruments across different asset classes, including forex, stocks, indices, commodities, and cryptocurrencies.
The fact that Renaissance Capital operates under regulation from CYSEC (Cyprus Securities and Exchange Commission) indicates that it is subject to regulatory oversight and compliance with certain standards and rules. This regulation can provide some level of assurance to clients as it ensures that the brokerage firm follows certain guidelines and practices aimed at protecting investors' interests.
On the other hand, the reports of difficulties in withdrawing funds are concerning. If there are numerous complaints or indications of clients experiencing issues with withdrawing their funds, it could raise doubts about the reliability and integrity of the brokerage. In the financial industry, delays or difficulties with withdrawals are red flags and can indicate potential issues with liquidity or operational practices.
Renaissance Capital provides access to equity markets, allowing clients to trade stocks and shares of publicly listed companies. Investors can buy, sell, or hold equities to participate in the ownership of companies and potentially benefit from price appreciation and dividends.
Clients can engage in foreign exchange trading through Renaissance Capital, enabling them to trade currencies from different countries against one another. The FX market is the largest and most liquid financial market globally, providing opportunities for speculation, hedging, and international trade.
Renaissance Capital offers fixed income instruments, which include government and corporate bonds, treasury bills, and other debt securities. These instruments provide investors with regular interest payments and return of principal at maturity, making them appealing for income-oriented and risk-averse investors.
Lastly, Renaissance Capital enables clients to engage in derivatives trading, which involves a wide range of financial instruments whose value is derived from an underlying asset or assets. These derivative instruments may include options, futures contracts, swaps, and other structured products.
Renaissance Capital excels in providing an account options to suit the diverse needs of its clients. The account is the Single Multi-Currency & Multi-Asset account, which allows clients to hold multiple currencies and various types of assets within a single consolidated account. This feature offers unparalleled convenience and flexibility for managing international investments and transactions. With an extensive list of supported currencies, including RUB, CNY, KZT, USD, EUR, ZAR, BYN, TRY, AUD, and others, clients can efficiently manage and transact in different currencies, minimizing currency conversion costs and risks.
On our website, you can see reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section. We would appreciate it and our team of experts will do everything possible to solve the problem for you.
Renaissance Capital offers a comprehensive and specialized customer service experience through dedicated email channels for different services.
Electronic Execution (ElectronicExecution@rencap.com): This customer service email is designed to address inquiries and assistance related to electronic execution of trades.
Prime Brokerage (PrimeBrokerage@rencap.com): The Prime Brokerage customer service email caters to the needs of clients engaged in prime brokerage services.
Derivatives (Options@rencap.com): Clients interested in derivatives trading can utilize this email to seek support for options trading, futures contracts, and other derivative instruments.
Structured Products (StructuredProducts@rencap.com): The customer service email for structured products assists clients with inquiries related to investment products with customized risk and return profiles.
Equities Trading (SalesTrading@rencap.com): For clients engaged in equities trading, this email channel provides customer service for inquiries related to equity markets, stock trading, and execution of equity orders.
Fixed Income Trading (FICCbonds@rencap.com): The customer service email for fixed income trading offers support for clients trading in fixed income securities, including government bonds, corporate bonds, and other debt instruments.
FX Trading (FXTrading@rencap.com): Clients involved in foreign exchange trading can reach out to this email address for assistance with FX trading strategies, currency pairs, and other foreign exchange-related inquiries.
REPO (REPO@rencap.com): The customer service email for REPO transactions helps clients with inquiries and support related to repurchase agreements, a form of short-term borrowing using securities as collateral.
In conclusion, Renaissance Capital caters to a broad spectrum of clients with its tailored financing solutions and extensive array of trading instruments. Its dedication to regulatory compliance under CYSEC provides clients with a level of assurance in terms of adhering to industry standards and regulations. However, the reports of difficulties in withdrawing funds raise concerns and warrant careful consideration. As with any financial institution, potential clients should conduct thorough research, seek professional advice, and assess the firm's overall reputation and customer feedback before engaging in any financial transactions with Renaissance Capital or any other brokerage firm. Making informed decisions and exercising caution will help ensure a safe and secure financial journey.
Q1: Is Renaissance Capital regulated?
A1: Yes, Renaissance Capital operates under regulation from CYSEC (Cyprus Securities and Exchange Commission).
Q2: What services does Renaissance Capital provide?
A2: Renaissance Capital offers bespoke financing solutions to clients, catering to a diverse range of financial needs. They provide access to various trading instruments, including equity, FX, fixed income, derivatives, and more.
Q3: How can clients contact Renaissance Capital for customer service?
A3: Clients can reach out to Renaissance Capital's specialized customer service teams through designated email addresses for specific services, such as Electronic Execution, Prime Brokerage, Derivatives, Structured Products, Equities Trading, Fixed Income Trading, FX Trading, and REPO.
Q4: Does Renaissance Capital have any regional restrictions?
A4: Yes. Not all products or services offered by Renaissance Capital are available in the United States.
More
User comment
1
CommentsWrite a review