Abstract:Rynat Trading Ltd is a Cyprus Investment Firm founded in 2016 that operates under the authorization and regulation of CySEC (Cyprus Securities and Exchange Commission) with the License No 303/16. The company also operates the XTrend App under its license. Rynat conforms to EU standards and complies with the rules outlined in MiFID II (Markets in Financial Instruments Directive II), facilitating its services throughout the EU.
Rynat Review Summary | |
Founded | 2015 |
Registered Country/Region | Cyprus |
Regulation | Cyprus (CySEC, License No. 303/16) |
Products and services | Reception and transmission of orders, execution of orders, dealing on own account |
Demo Account | / |
Leverage | / |
Spread | Tight spreads, lower than 1 pip |
Trading Platform | XTrend App (iOS & Android), XTrend Forum (Web-based) |
Min Deposit | $50 |
Customer Support | Address: 18, Monis Machera Street, 4th Floor Office 401, P.O. Box 51217, Limassol, Cyprus |
Phone: +357 25 258 020 | |
Fax: +357 25 258 039 | |
E-mail: info@rynattrading.com, compliance@rynattrading.com |
Providing safe and open financial services, Rynat Trading LTD is a broker with Cyprus headquarters run under CySEC. It fits both beginners and experienced traders with tight spreads, a modest minimum deposit of $50, and access to the XTrend Forum for social trading.
Pros | Cons |
Regulated by CySEC | No mention of demo or Islamic accounts |
Tight spreads (below 1 pip) | Limited leverage information |
Social trading via XTrend Forum | Limited trading instruments information |
Under Cyprus Securities and Exchange Commission (CySEC), Rynat Trading Ltd is a licensed financial firm. Licensing number 303/16 denotes a Market Making (MM) license. Since June 30, 2016, the company has been under supervision to guarantee adherence to CySEC guidelines.
Rynat Trading Ltd, authorized by CySEC, provides the following investment services: reception and transmission of orders, execution of orders on behalf of clients, and dealing on its own account.
Serving traders of all stripes, the broker presents one portfolio with a minimum deposit starting at $50. The accounts have negative balance protection, tight spreads (below 1 pip) and one-click operation. Although the site offers cheap investment starting at $10/lot and gives access to the XTrend Forum for social trading and community involvement, there is no reference of Demo or Islamic accounts. These characteristics make the accounts fit for both new and seasoned traders.
With tight spreads starting at less than 1 pip, which is below industry standards and advantageous for traders, Rynat Trading LTD provides low costs.
Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
XTrend App | ✔ | iOS and Android (App Store, Google Play) | Mobile traders looking for social trading and convenience |
XTrend Forum | ✔ | Accessible via the web | Traders seeking social trading and networking opportunities |
The broker does not mention whether it charges deposit or withdrawal fees. The minimum deposit amount is $50.
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