Broker Details
| Minimum Trade Size: | 0.01 |
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| Maximum Leverage: | 500:1 |
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| Minimum Deposit: | $1 |
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| Established: | 2017 |
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| Address: | First Flour, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, Saint Vincent And Grenadines |
| Customer Service: | info@rannforex.com |
| Regional offices: | |
| Regulations: | |
| Prohibited countries: |
| Trading platforms: | MT4, MT5 |
|---|---|
| Web Trading: | ✅ Yes |
| Mobile Trading: | ✅ Yes |
| ECN: | ✅ Yes |
Trading Instruments |
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| Currencies: | (60+) |
| Cryptocurrencies: | |
| CFD: | (15+) Gold, Silver, Other Precious Metals, Stock Indexes, Oil |
Trading Conditions |
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| EAs/Robots: | ✅ Yes |
|---|---|
| News Spike Trading: | ✅ Yes |
| Scalping: | ✅ Yes |
Managed Accounts & Social Trading |
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| PAMM: | ✅ Yes |
| Deposit Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, AdvCash, Bitcoin, PerfectMoney, Qiwi, TC Pay (TopChange), Tether (USDT), WebMoney, Yandex Money |
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| Withdrawal Methods: | Bank Wire (Bank Transfer), VISA, MasterCard, AdvCash, Bitcoin, PerfectMoney, TC Pay (TopChange), Tether (USDT) |
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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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Traders Reviews
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!
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!
1 trader has found this review helpful
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.
2 traders have found this review helpful
this is the best broker on terms. everything is transparent and strong customer support.
1 trader has found this review helpful
Service use: Live
Length of use: over 1 Year
I working in FX industry more than 15 years, and in history I tested many many brokers. BUT this broker is best one.
Understand - no strong regulation, not standard SEPA banking, but THIS is "tax" for Totally low cost broker model (like Raynair or EasyJet) . spreads are usually ZERO, Asian trading is best one. AND I TRUST TO Dmitry Rannev , his name is ONE of TOP in FX Industry in last 20 years. He give his NAME , what is more ???
He live in Europe, any Scam human or etc...
I Strong recommend to anyone test and trade to this broker!
Best trading to all