Real Trade Review
The broker provides a single type of trading account – a general one. This account has a requirement for a minimum deposit of just $20, which is low enough to make happy new and inexperienced traders who don’t want to risk large amounts. The account offers fixed spreads and instant execution – the typical Market Maker model.
In addition, micro lots are available for trade, however, there are no swap-free (Islamic) services, tailored at clients who are not willing to earn interest for religious reasons.
The Company. Security of Funds
Real Trade is an offshore FX broker, offering online trading in a wide range of currency pairs, as well as precious metals (silver & gold) through the Real Trader 4 platform (a customized MetaTrader 4).
Founded in 2003, Real Trade is a brand of Real Trade Group Ltd., a company headquartered in the British Virgin Islands and registered with the BVI Financial Services Commission.
Although offering regulated status, the BVI Commission currently still allow companies to be entirely based overseas. BVI-registered financial services providers do not face many of the requirements that brokers based in the US or UK do. For example, brokers registered in the BVI are not required to contribute to a compensation scheme and are not subject to any minimum capital requirements.
So, if you intend to invest more money, we would advise you to choose among UK, Swiss or other well-regulated brokers, where your funds will be protected. If you, however, prefer offshore ones for some reason, Real Trade is looks like a reliable choice. It has 13 years of experience on the forex market and is a regular sponsor of the “FOREX EXPO” held in Moscow.
What is more, the company has set up subsidiaries in Latvia, Estonia and Lithuania, however none of them is regulated.
Minimum Initial Deposit
In order to open an account with Real Trade, one has to deposit just $20, which is a reasonably low amount, considering the lack of regulation. In comparison, ForexBrokerInc registered in the Marshall Islands demands $100 from its clients as a start, and LiteForex – $10.
Spreads & Commissions
Real Trade offers only competitive fixed spreads, which, in contrast to variable ones, don’t widen during news releases. The good thing with variable spreads is that they are generally lower than the others, however that is not exactly the case with Real Trade, since the fixed spreads it provides are as low as 1 pips for the EUR/USD pair. What is more, this broker charges no commission.
In comparison, LiteForex, based on the Marshall Islands, offers fixed of 2 pips on EUR/USD on its Classic commission-free account. For further information, you may look up and compare real-time spreads of 15 leading brokers here.
As for leverage, the default one, offered by this broker is: 1:100, which may be increased up to 1:500 upon request. A 1:500 leverage ratio is considered high, nevertheless many offshore brokers offer similar maximum leverage levels: ForexBrokerInc, for instance, also provides leverage up to 1:500, and – LiteForex – up to 1:1000. Such leverage levels enable traders to make striking profits when the markets move in their favor, however, if the market moves against them, it may burn a hell of a hole in their pockets.
You may look up a list of FX brokers, offering leverage equal to or exceeding 1:500 here.
Real Trade offers its clients a customized version of the standard forex market trading platform MetaTrader4 (MT4), called Real Trader 4. It is available as desktop and mobile versions.
MT4 platform offers all a trader needs: a number of technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive back-testing environment. Traders can download ready-made or create their own automated trading strategies and simply let the program do all the work.
What is more, Real Trade provides its clients with a VPS (Virtual Private Server) which allows them to run automated algorithmic strategies 24 hours a day 7 days a week on a virtual machine. is a virtual private server for Forex Automatic Trading Systems. According to the statistics almost 50% of all traders today use Automatic Trading Systems, the software also known as EA, and approximately 25% use VPS hosting that enables effective and smooth operation of the above-mentioned EA. The monthly fee of VPS server usage is 20 USD.
Besides, the broker offers its Real Trader 4 MultiTerminal, intended for simultaneous management of multiple accounts (PAMM) and useful both to investors and traders who work with many trading accounts simultaneously. However, Real Trader 4 MultiTerminal does not support charts and Expert Advisors.
By the time of writing this review, real trade offers deposit bonus up to 100%, the percentage amount depending on the leverage used. For instance, the 100% applies to trading accounts with a leverage of 1:100 and as regards accounts with leverage up to 1:500, bonuses of 10% of the deposit amount are available.
What is more, the broker regularly organizes various Demo & Real account contests, the one that runs currently has $2000 pool prize.
Methods of Payment
Real Trade account deposits and withdrawals can be performed by the following payment modes:
– Bank wire transfer;
– e-wallets: Skrill, PayPal, WebMoney, and Perfect Money;
– LiqPay (Visa cards issued in the CIS countries only).
Real Trade is an award-winning FX broker operating under the looser regulation of BVI’s Financial Services Commission. It offers tight fixed spreads and leverage up to 1:500 on the standard MT4 platform.
Real Trade Review Conclusion
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