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Independent rating of Forex broker Real Forex

0/10 (votes 100)

On-line since
2008
Country of origin
UK
Regulation
-
Payment options
credit/debit cards, wire transfer, electronic payment systems (Skrill and MoneyBookers)
Minimum account size
$500
Minimum lot size
0.01 lot
Leverage
1:200
Spreads
floating

About company

Real Forex has been operating in the market since 2008. The company is headquartered in London, the UK. The broker is not regulated by any supervisory authority.

Trading conditions

The company offers clients to make trades using its own trading platform - ECN RealStream FX. This trading platform has an extensive package of charts and advisors. In addition, Real Stream FX provides users with easy-to-understand account information.

The broker’s clients can conduct trading through the MetaTrader 4 platform, which is popular and familiar to most market participants. Besides, mobile trading is also available. MT4 Mobile also allows users to manage their trading account and open trades. Apart from that, it features 30 technical indicators for market analysis.

The company offers various commodities, indices, and stocks as trading instruments.

Traders can also choose from the following types of trading accounts:

  1. A Classic account with the minimum initial deposit of $2,000, the maximum leverage of 1:200, and no commissions.
  2. A VIP account with the minimum initial deposit of $10,000 and the leverage of 1:00. In this case, the broker charges a small commission on specific transactions.
  3. An Institutional account with a deposit of at least $50,000. The leverage size is open to discussion.

Beginners can try their hand at trading using a demo account with virtual money in the amount of $50,000. In addition, those who have opened a demo account, automatically get access to a free training course in trading on Forex.

The minimum initial deposit is $500.

Traders who prefer automated trading systems, can use ZuluTrade. Those investors who prefer to conduct trading based on technical analysis, can enjoy charting tools embedded in ProRealTime API.

Real Forex allows its customers to benefit from scalping and expert advisors. Besides, FIX API, a unique feature, makes it possible to exchange financial information between providers and gain access to market data from banks and non-bank liquidity providers. For registered clients, the company offers tables of exchange rates, valuable information on markets and forex signals, various trading strategies, etc.

Traders can deposit and withdraw funds through credit and debit cards, as well as wire transfer. In addition, they can use electronic payment systems such as Skrill and MoneyBookers. However, money can be withdrawn only after filling out an online special form or contacting a manager in the London office.

Support service

The customer service is available 24/7. Clients can contact the support team by phone, email, or live chat indicated on the company's website.

Traders’ reviews

The number of negative reviews exceeds that of positive ones. Traders complain about difficulties when trying to withdraw funds. Some of them were unable to get their money at all. Many users note that they cannot receive assistance from the company’s representatives.

Advantages:

  • numerous educational programs for beginners
  • e-book outlining trading strategies
  • user-friendly official website with sufficient information
  • different types of trading accounts

Disadvantages:

  • unregulated broker
  • uninformative website
  • large number of negative reviews

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