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Rynat-Overview of Minimum Deposit, Spreads & Leverage

Rynat | 2024-03-29 14:35

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
Founded2015
Registered Country/RegionCyprus
RegulationCyprus (CySEC, License No. 303/16)
Products and servicesReception and transmission of orders, execution of orders, dealing on own account
Demo Account/
Leverage/
SpreadTight spreads, lower than 1 pip
Trading PlatformXTrend App (iOS & Android), XTrend Forum (Web-based)
Min Deposit$50
Customer SupportAddress: 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

Rynat Information

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.

Rynat Information

Pros and Cons

Pros Cons
Regulated by CySECNo mention of demo or Islamic accounts
Tight spreads (below 1 pip)Limited leverage information
Social trading via XTrend ForumLimited trading instruments information

Is Rynat Legit?

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.

Is Rynat Legit?

What Can I Trade on Rynat?

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.

What Can I Trade on Rynat?

Account Types

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.

Account Types

Rynat Fees

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

Trading PlatformSupported 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 webTraders seeking social trading and networking opportunities

Deposit and Withdrawal

The broker does not mention whether it charges deposit or withdrawal fees. The minimum deposit amount is $50.

Payment ProviderMin. DepositRegulatory Authority
EcommBX Ltd$50Authorised by the Central Bank of Cyprus (CBC)
Klarna Bank AB (Sofort)$50Authorised by the Swedish Financial Supervisory Authority (SFSA)
Paypal (Europe) S.à r.l. et Cie, S.C.A.$50Authorised by the Commission de Surveillance du Secteur Financier (CFSSF)
Paysafe Financial Services Limited (Neteller)$50Authorised by the Financial Conduct Authority (FCA)
SafeCharge Ltd$50Authorised by the Central Bank of Cyprus (CBC)
Skrill Limited$50Authorised by the Financial Conduct Authority (FCA)
Credorax Bank Limited$50Authorised by the Malta Financial Services Authority (MFSA)

LeverageBrokerCurrency PairDealerForex tradingForex Broker

Related broker

Regulated
Rynat
Company name:Rynat Trading Limited
Score
7.00
Website:http://www.rynattrading.com/
5-10 years | Regulated in Cyprus | Market Maker (MM) | Suspicious biz area
Score
7.00

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