RannForex.com Review

5 · 3 REVIEWS

Dmitry Rannev

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Updated: Jul 21, 2021 · Visit site  · Is this your company?

RannForex is a forex broker. Rann Forex offers the MT4, MT5, MT Web and Mobile forex trading top platform. RannForex.com offers over 55 forex currency pairs, oil, gas, index, gold and silver for your personal investment and trading options.

RannForex.com

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $1
Established: 2017
Address: First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, Saint Vincent And Grenadines
Contact: info@rannforex.com
Regional offices:
Regulators:
Prohibited countries:
Trading platforms: MT4, MT5
Web Trading: Yes
Mobile Trading: Yes
ECN: Yes
Currencies: (60+)
Cryptocurrencies:
CFD: (15+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
PAMM: Yes
Deposit Methods: Bank Wire, VISA, MasterCard, AdvCash, Bitcoin, PerfectMoney, Qiwi, Tether, WebMoney, Yandex Money
Withdrawal Methods: Bank Wire, VISA, MasterCard, AdvCash, Bitcoin, PerfectMoney, Tether

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RannForex.com profile provided by Rannforex, Jun 11, 2020

RannForex is a unique low-cost forex broker. RannForex offers the MT4/MT5 and MT4/MT5 Mobile forex trading top platform. RannForex.com offers over 55 forex currency pairs, oil, gas, index, gold and silver for your personal investment and trading options.

RannForex founder Dmitry Rannev has been widely known in the trading community since 2003 and has a well-earned reputation for open dialogue with clients and for fighting for clean and transparent forex trading.

Very tight spreads, full KPI of the company on the site, trade history in blockchain, unique service "trading settings", Level 2 market depth for MT4 and MT5, high dealing technology from AMTS Solutions, Average daily spreads on the site, tick history, PAMM service etc.

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5 · 3 REVIEWS
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Traders Reviews

Miami, FL, USA,
Jul 20, 2021,
Registered user

Different from every other broker!

Service use: Live

Length of use: 3-6 Months

I am so happy to have finally found exactly what I was looking for in a broker, let me explain.

First of all they are fully TRANSPARENT - on their website they openly share all of their company and PAMM stats, so you can see how many traders on this broker are profitable or not, what the average account deposit is, whether current open interest is in profit or not and much more. They do not hide anything about the way they operate and how much money is coming in and out.

Secondly, their TRADE SETTINGS is something that no other broker offers. It allows you to make MT4 or MT5 execute your market and stop orders as limit orders - thus you will always have 0 slippage or only positive slippage. They respect limit orders and never execute them at a price worse than specified (also called negative slippage). They also show what slippage each and every order got in the order comment section in meta trader account history tab. They also have many more useful trading settings but i am not too familiar with them yet.

Finally, they have the tightest night spreads of any broker I have seen. I first found out about them when comparing brokers by rollover spread (00:00-01:00) on this website - https://forexbenchmark.com/brokers/historic_spreads/ and saw that Rannforex was the lowest.

Funding fees could use improvement as they are a little higher than industry standard, around 1-1.5% , also I hope to see them get a broker license with a regulator, will make me confident to invest more funds with them. The affiliate program is also not as good as the other brokers I have used, hope to see that improve in the near future as well. The leverage is 1:500 but will reduce if the amount of volume you have open at the same time is above 50,000 ... this is also a little annoying for larger accounts. Their PAMM is nice but max leverage 1:100 is very limiting and likewise not yet competitive with other brokers.

So they are perfect, no really the best i tried, for trading conditions.. but can definitely improve in other areas to become a more complete package. If you are a hardcore scalper, I think this is definitely a good broker to try. For guys who do swing trading there is better options out there! Thanks for reading my long review and happy trading!
 
Kazakhstan,
Jun 2, 2019,
Registered user

The best Forex broker I've ever seen. Spreads are always very narrow, commissions are small, quick withdrawals within an hour. The person who founded this broker, has great confidence from traders in the Russian-speaking society. With great confidence I can say that the name of the broker will not be stained with bad words while in the management is Dmitry Rannev.
  1 trader has found this review helpful
Russian Federation,
Jun 2, 2019,
Registered user

this is the best broker on terms. everything is transparent and strong customer support.