RTFX Forex Broker
Name of the Company | RTFX Ltd. |
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Established in | 2000 |
Online since | 2000 |
International Offices in | Malta |
Payment Methods | Wire Transfer |
Demo Accounts and Platforms | |
Account currencies | Australian dollar, Canadian dollar, Euro, Great Britain pound, Japanese yen, Swiss franc, United States dollar |
Different Currency pairs | AUD/JPY AUD/NZD AUD/USD
CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/CZK EUR/DKK EUR/GBP EUR/HUF EUR/JPY EUR/NOK EUR/NZD EUR/PLN EUR/SEK EUR/TRY EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/DKK GBP/JPY GBP/NOK GBP/USD NZD/JPY NZD/USD USD/CAD USD/CHF USD/CZK USD/DKK USD/HKD USD/HUF USD/JPY USD/MXN USD/NOK USD/PLN USD/SEK USD/SGD USD/TRY USD/ZAR XAG/USD XAU/USD |
Regulated and Registered by | FSA (Malta) |
Are US Traders Allowed? | Yes |
Bonus? (detailed) | |
Languages in which website is available? | English, French, German, Italian, Spanish |
Languages in which Support is available? | English, French, German, Italian |
Different Support methods | Call Back, Email, Live Chat, phone, Web Form |
Types of Account (micro standard executive islamic) | Silver ECN, Silver Fixed, Gold ECN, Gold Fixed, Platinum |
Minimum account size | $2,500 |
Minimum position size | 10 Lots |
Types of Spread | Fixed |
Minimum spread on EUR/USD, pips | 2.3 |
Is Scalping allowed? | Allowed |
Is use of Expert advisors allowed | Forbidden |
Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:100, Gold & Silver- 1:20 |
Real Trading platforms | RTFX Trader, RTFX Web Trader, RTFX Mobile |
Digits after the dot in quotes | 5 |
Margin call level | 200% |
Stop-out level | 500% |
Total Number of currency pairs | 42 |
Any Trading contests | Yes |
Is Free education available? | Yes |
Do they provide Personal manager? | Yes |
Is Trading by telephone allowed? | Yes |
Any Segregated accounts? | Yes |
Do they have Managed accounts | Yes |
Affiliate program available? | Yes |
· Hedging | Yes |
Overnight interest rates (swaps) | Yes |
Do they allow Pending orders? | Yes |
Is One-click trading option available | Yes |
Mobile trading allowed? | Yes |
Browser-based platform present? | Yes |
RTFX is a forex asset management company that allows forex trading. The company which was founded in the year 2010 and they also started the online trading service the very same year. They have their office in Malta and the payment option is only one that is wire transfers. They conduct trading contests time to time to keep the interest of the customers intact with the company. Free education is also provided to the customers in the form of tutorials, videos and webinars which are available on the website. Personal manager is also provided to each customer who helps in managing the account well. You have the facility of placing the trade order via telephone. They offer segregated account which means that fund of the company and the trader is kept separate. Pending orders, one click trading and automated trading are a few other services. They allow 7 different types of currencies in the trader’s account. It is well regulated by FSA in Malta. They do not allow traders from United States to trade from their account.
The trading platforms are in house platform and the company has a sole proprietorship for the same. They have many loaded features which help the customer in doing the trade fast and successfully. The website as well as the customer service are available in multiple languages and are useful for all those who do not know English. The customer support service is excellent and the support staffs are well trained to handle issues of any type. Their service is quick and highly responsive. They offer 5 different types of accounts and the minimum deposit required to open an account with them is $2500. The minimum position size for the trade is 10 lots and the spread on the trade is fixed.
The reviews have become the most sought after medium of knowing about a company and its performance in the market. The reviews for RTFX on the internet have been pretty good and are very popular among the forex traders. The most liked feature of the company as mentioned in the reviews is it’s in house trading platform which is very fast and help the traders in doing trade successfully. The clients have mentioned that it is very easy to navigate through the website and has all the necessary information needed. The customer support service is of world class and is very responsive and provides solution to all trade related issues with ease. They allow trading in 42 currency pairs which includes all the major pairs and is liked by many traders. Many like the fact that they have segregated account and give the feeling that their money is safer. A few cons mentioned in the reviews are that they do not have many payment methods and that the minimum deposit required for opening an account with them is $2500. Also the minimum trade size is 10 lots which are very high. However, the average rating given to the company by its users is 6.0 out of 10.