RontoXM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-12 11:00

Abstract：RontoXM was founded in Spain in 2023. It is quite new but offers multiple trading instruments like Forex, CFDs, Indices, Stocks, Commodities, Metals, Digital Currencies and Bonds. Besides, the leverage is up to 1:400. However, the minimum deposit is too high, and it lacks regulation.

RontoXMReview Summary
Founded	2023-07-04
Registered Country/Region	Spain
Regulation	Not regulated
Market Instruments	Forex, CFDs, Indices, Stocks, Commodities, Metals, Digital Currencies and Bonds
Demo Account	❌
Leverage	Up to 1:400
Trading Platform	Web trader
Min Deposit	$5000
Customer Support	Email: support@rontoxm.com
Customer Support	Phone: +34 910039945

　　RontoXM was founded in Spain in 2023. It is quite new but offers multiple trading instruments like Forex, CFDs, Indices, Stocks, Commodities, Metals, Digital Currencies and Bonds. Besides, the leverage is up to 1:400. However, the minimum deposit is too high, and it lacks regulation.

Pros and Cons

Pros	Cons
Leverage up to 1:400	High minimum deposit
Various trading assets	Not regulated
	Relatively new

Is RontoXM Legit?

　　RontoXM is registered by NameCheap, Inc. in Spain. However, The National Securities Market Commission (CNMV) issues the warning of RontoXM for traders that RontoXM is not registered.

What Can I Trade on RontoXM?

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Stocks	✔
Commodities	✔
Metals	✔
Digital Currencies	✔
Bonds	✔
Energies	❌

Account Type

　　RontoXM provides five account types: Silver, Gold, Platinum, Diamond and Exclusive.

Account Types	Trading Balance
Silver	$5000 - $20000
Gold	$21000 - $50000
Platinum	$51000 - $100000
Diamond	$101000 - $170000
Exclusive	$171000 - $250000

Leverage

　　The maximum leverage of RontoXM is up to 1:400. Leveraged trading multiplies the potential rewards, but also the risk.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web-trader	✔	PC, mobile	Experienced traders

Customer Service

Contact Options	Details
Phone	+34 910039945
Email	support@rontoxm.com
Support Ticket System	❌
Online Chat	✔
Social Media	❌
Supported Language	Spain, English
Website Language	Spain, English
Physical Address	❌

The Bottom Line

　　In conclusion, though RontoXM offers various trading assets, it is not regulated. And safety can't be guaranteed. Besides, the minimum deposit is higher in the market. Traders should think twice when choosing brokers.