RealFxMarket is a forex broker founded in the United Kingdom in 2015, headquartered in London, with branches in Singapore and Dubai. It primarily offers contract for difference (CFD) trading services for forex, indices, stocks, precious metals, and more. The broker's official website is https://www.realfxmarket.com, and it supports the English language. The website is owned by RealfxMarket UK Limited.
Company Background:
RealFxMarket was established in the UK in 2015, with the company entity being Real Finance Ltd. The company has undergone name changes, previously known as CENSEO (MIDLANDS) LIMITED and A2O FINANCE LIMITED. It is directed by George Eleftheriou and Kenneth Robert Herd. The specific office address is Old Broad Street Business Centre, 7th Floor, 42, Old Broad Street, London, UK. According to Whois records, the broker's domain was registered on April 12,2017.
Regulatory Information:
RealFxMarket claims to be regulated by the Financial Conduct Authority (FCA) in the UK. Upon verification, the broker holds a financial license issued by the FCA, effective since January 7,2020. During the research process, TraderKnows found that the company had a previous identity as A2O FINANCE LIMITED.
Trading Products:
RealFxMarket provides a variety of financial instruments for trading, including:
Forex: RealFxMarket offers opportunities to trade various currency pairs in the forex market. Forex CFDs allow investors to speculate on price movements between different currencies, including pairs like EUR/USD, GBP/USD, and USD/JPY.
Stocks: Traders can engage in contract for difference (CFD) trading for stocks of different companies, including well-known companies like Apple, Microsoft, and Amazon. This enables investors to participate in the market without owning the actual stocks.
Precious Metals: Precious metal CFDs, such as gold and silver, provide opportunities for investors to trade price changes without holding physical assets.
Indices: RealFxMarket offers index CFDs, representing the performance of specific groups of stocks in particular markets.
These products offer investors the opportunity to access various financial markets and manage risk through diversified portfolios.
Account Registration:
RealFxMarket's official website provides an account registration link, allowing users to choose between opening a demo or a live account. The registration process involves the following steps:
Visit the RealFxMarket website and click on "REGISTER" in the upper right corner.
Fill in the required information, such as name, email, password, and more, as instructed, to complete the account registration.
Account Types:
RealFxMarket offers three account types:
- MINI Account
- STANDARD Account
- PREMIUM Account
The minimum deposit requirement varies from $100 to $5000 USD, depending on the chosen account type. Users can select the account type that aligns with their trading needs.
Spreads and Leverage:
RealFxMarket provides different spreads, minimum trade sizes, and leverage options based on the account types. For example:MINI Account:
Minimum deposit of $100 USD, spreads starting from 1.6, minimum trade size of 0.01 lots, and leverage up to 1:400.
STANDARD Account: Minimum deposit of $500 USD, spreads starting from 1.0, minimum trade size of 0.01 lots, and leverage up to 1:400.
PREMIUM Account: Minimum deposit of $5000 USD, spreads starting from 1.0, minimum trade size of 0.1 lots, and leverage up to 1:1000.
Risk Warning:Before engaging in high-leverage forex trading, investors need to undergo proper education, understand market mechanisms, and carefully consider their investment objectives and risk tolerance.
Deposits and Withdrawals:
RealFxMarket supports various deposit and withdrawal methods, including Skrill, NETELLER, GATE2SHOP, NETBANX, and more. The availability of these methods may depend on the user's location, so it's crucial to verify the options and applicable fees and regulations in your region.
Trading Platform:
RealFxMarket provides the widely recognized MT4 and MT5 trading platforms for users. However, it should be noted that the MT4 platform does not support stock CFD trading. Investors can choose the trading platform that suits their trading needs.
Customer Support:
Investors can contact RealFxMarket's customer support through phone and email at any time from Monday to Friday. In case of urgent inquiries, phone contact allows real-time communication.
Summary:
RealFxMarket offers users the opportunity to trade a wide range of financial products. However, the broker's high leverage options and some discrepancies regarding its brand and website ownership raise questions. Investors should receive proper education before engaging in high-leverage trading and should consider their investment goals and risk tolerance. As of now, RealFxMarket is marked as "operating normally" on TraderKnows.
