Rietumu Trading review
Rietumu Trading is a Multi-Assets Trading Platform with over 20000+ Assets
Rietumu Trading is a multi asset platform with 20000+ tradable Assets. Assets available on Rietumu Trading include Forex trading, Social trading, Share Dealing.
Rietumu Trading trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Social trading, Share Dealing are considered financial assets.
Features of Rietumu Trading
- Social Trading available
- Copy Trading available
- Rietumu Trading offers Advanced Financial Chart comparison tools
- Rietumu Trading offers Research-backed analysis on financial markets and investments from top analysts
- The Rietumu Trading platform is available to use on multiple devices including and online through a Web Browser.
- Rietumu Trading offers a trading platform with tools for both New Traders and Seasoned Experts
- Rietumu Trading users benefit from using the Rietumu Trading platform in over 15 different languages
Rietumu Trading review
What you should know
Rietumu Trading offer three ways to trade: Forex trading, Social trading, Share Dealing. The assets and products available to you on the Rietumu Trading trading platform depends on the region of the world, you are in and the Rietumu Trading entity you have an account.
With Rietumu Trading you will need a minimum deposit of $1000. You can sign up for a demo account to acquaint yourself with Rietumu Trading platform.
Rietumu Trading are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Rietumu Trading safe?
When considering Rietumu Trading for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Rietumu Trading, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years Rietumu Trading have a head office in Riga.
Rietumu Trading is regulated. This means Rietumu Trading are supervised by and is checked for conduct by the Malta Financial Services Authority (MFSA) regulatory bodies.
Rietumu Trading withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Rietumu Trading are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Rietumu Trading are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Rietumu Trading and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Rietumu Trading has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Rietumu Trading will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Rietumu Trading, you can enjoy peace of mind and focus on your trading activities. If Rietumu Trading violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with Rietumu Trading?
All payments made to Rietumu Trading by traders are securely held in a segregated bank account.
Rietumu Trading uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Rietumu Trading use them?
Rietumu Trading partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Rietumu Trading clients' funds.
Rietumu Trading clients can have greater confidence in their financial security when working with a Tier 1 bank because Rietumu Trading are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Rietumu Trading deposited in a Tier 1 bank?
Depositing funds with Rietumu Trading ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Rietumu Trading were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Rietumu Trading is a secure and safe platform.
Please be aware that trading in financial assets with Rietumu Trading carries a risk of loss. Rietumu Trading trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Rietumu Trading emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Rietumu Trading, let's closely examine its features.
To better understand the Rietumu Trading trading platform, you can create two separate accounts - one with real money and the other a Rietumu Trading demo account. A Rietumu Trading demo account provides a risk-free environment for experimenting with the Rietumu Trading platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Rietumu Trading trading decisions.
Open a demo account Visit Rietumu Trading
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Rietumu Trading as a Company Compare Against Other Brokers
Broker | rietumutrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Riga | Australia | Belize | Cyprus, UK |
Regulation | Malta Financial Services Authority (MFSA) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ Rietumu Trading users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | No | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit Rietumu Trading | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
Rietumu Trading review
Rietumu Trading Pros and Cons
Rietumu Trading review
Rietumu Trading Regulation and Licensing in more detail
Rietumu Trading is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Rietumu Trading going into insolvency. Rietumu Trading compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Rietumu Trading to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Rietumu Trading traders.
Rietumu Trading is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Rietumu Trading you should be sure they're legitimate online agent.
Is Rietumu Trading Global?
Yes, Rietumu Trading is global as Rietumu Trading is available in over 194 countries.
Rietumu Trading is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Rietumu Trading covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Rietumu Trading has a total of more than 10,000 users.
Rietumu Trading review
Rietumu Trading Awards
Rietumu Trading have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Rietumu Trading below.
- Best Private Bank - SPEAR’S Russia Wealth Management Awards - 2023
Rietumu Trading review
Rietumu Trading Fees Explained
- Rietumu Trading doesn't charge withdrawal fees.
- Rietumu Trading does charge a fee for inactive accounts.
- Rietumu Trading doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Rietumu Trading are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Rietumu Trading Costs To Check
Modern brokers like Rietumu Trading provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Rietumu Trading may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Rietumu Trading trading profitability.
How Rietumu Trading Fees Compare Against Other Brokers
Broker | rietumutrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 1000 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
Rietumu Trading Minimum Deposit
Rietumu Trading requires a minimum deposit of 1000 GBP/USD/EUR when opening an Rietumu Trading trading account.
A minimum deposit is the minimum amount of money required by Rietumu Trading to open a new online brokerage account with them.
Don't be scared off by brokers like Rietumu Trading charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like Rietumu Trading, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Rietumu Trading Withdrawal Fees
Rietumu Trading doesn't charge withdrawal fees.
Rietumu Trading Withdrawal rules may vary across different brokers when it comes to transferring funds from your Rietumu Trading or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Rietumu Trading may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Rietumu Trading withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Rietumu Trading. Researching and comparing Rietumu Trading withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Rietumu Trading funds frequently or dealing with large sums of money. Awareness of these Rietumu Trading fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Rietumu Trading funds.
For example, Rietumu Trading allows you to withdraw your funds to Debit Cards, Credit Cards, VISA, MasterCards, Bank Transfers.
Rietumu Trading Inactivity Fees
Rietumu Trading does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Rietumu Trading terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Rietumu Trading fees and services. It's recommended that you check the Rietumu Trading website before signing up. If you decide to close your Rietumu Trading account, it's important to do so with the Rietumu Trading broker customer support and obtain confirmation that no remaining Rietumu Trading fees are due.
Brokers like Rietumu Trading must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Rietumu Trading Deposit Fees
Rietumu Trading does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Rietumu Trading Commission Fees
Rietumu Trading does charge commission on CFD instruments.
Brokerage firms like Rietumu Trading may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Rietumu Trading trading account level held by the trader.
Rietumu Trading may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Rietumu Trading terms and conditions to understand the commission fees and any other charges that may apply is essential.
Rietumu Trading review
What can you trade with Rietumu Trading?
It's essential to note that the trading instruments offered under the Rietumu Trading brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Rietumu Trading trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Rietumu Trading over 20000 instruments in fact.
If you want to trade currency pairs on global Forex markets, Rietumu Trading offer over currency pairs.
Rietumu Trading Compared To Other Brokers
Compare Rietumu Trading with IC Markets and Roboforex below.
How Rietumu Trading Trading Options Compare Against Other Brokers
Broker | rietumutrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 20000 | 2250 | 12000 | 6000 |
Platforms | Rietumu FX, Web, Desktop, Mobile Apps, Android (Google Play), iOS (App Store) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Rietumu Trading
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
Rietumu Trading review
Trading on Rietumu Trading web platforms and other applications
Rietumu Trading provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
Rietumu Trading also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Rietumu Trading's platformsIs the Rietumu Trading Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Rietumu Trading trading platform to protect you on PC and mobile Rietumu Trading platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Rietumu Trading web trading platforms.
Rietumu Trading Trading Platform Options
Rietumu Trading does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Rietumu Trading offers its custom trading platform developed and tested in-house. The Rietumu Trading trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.
The Rietumu Trading platform allows traders to filter the financial marketplace for trade opportunities that match criteria.
With Rietumu Trading, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Rietumu Trading platform, including news and quotes. Discover possible trades with the strong charting tools found with Rietumu Trading. Rietumu Trading is available as downloadable applications or online through the cloud. Monitor your orders with Rietumu Trading and receive breaking news in your positions.
Rietumu Trading Trading benefits
- Rietumu Trading Allows scalping
- Rietumu Trading Offers STP
Rietumu Trading Trading Accounts Offered
Below we give an overview of the account types that Rietumu Trading offer. Whatever you are looking to trade, the varying Rietumu Trading account types will be able to provide you with what you need.
- Rietumu Trading Mini account
- Rietumu Trading Standard account
- Rietumu Trading ECN account
- Rietumu Trading STP account
Can I try Rietumu Trading?
Rietumu Trading provides a demo account that enables individuals to explore trading before investing their funds. By creating a Rietumu Trading practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Rietumu Trading demo account can help individuals to make informed decisions before investing their money.
Open a demo Rietumu Trading account to practice and trade.
Your capital is at risk
Rietumu Trading withdrawal and funding methods
It's essential to remember that the payment methods provided by Rietumu Trading vary based on the Rietumu Trading entity and the Rietumu Trading client's country of residence. To view the Rietumu Trading payment options available, you can log into your Rietumu Trading member's area.
Rietumu Trading offers various funding payment methods listed in your Rietumu Trading dashboard if available in your region. To learn more about the Rietumu Trading funding and withdrawal options available in your area, you can explore the Rietumu Trading website.
Rietumu Trading provides several payment methods for funding your Rietumu Trading account. You may utilize any of these deposit options if they are available in your region. Rietumu Trading ensures that users have multiple payment methods to choose from, making it more convenient for verified Rietumu Trading account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Rietumu Trading user's location. learn more about Rietumu Trading funding and withdrawal methods.Rietumu Trading Payment Methods
Some Rietumu Trading payment methods are local and are available only to specific regions. Rietumu Trading account holders should check which payment methods are provided in your region.- Rietumu Trading accepts Debit Cards
- Rietumu Trading accepts Credit Cards
- Rietumu Trading accepts VISA
- Rietumu Trading accepts MasterCards
- Rietumu Trading accepts Bank Transfers
Broker | rietumutrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | No | Yes | Yes | Yes |
*please note available Rietumu Trading and other broker payment methods depend on the clients country of residence.
How can I start trading with Rietumu Trading?
To open a trading account with Rietumu Trading, individuals can sign up on the Rietumu Trading website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Rietumu Trading account validation and making a deposit. Once completed, Rietumu Trading users can download the trading platform of their choice.
It's important to note that Rietumu Trading requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Rietumu Trading maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Rietumu Trading trading platforms is available on their website.
Your capital is at risk
Performing trades with Rietumu Trading
When using Rietumu Trading, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Rietumu Trading have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using Rietumu Trading can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, Rietumu Trading margin requirements can differ depending on the traded instrument.
Education Resources at Rietumu Trading
Rietumu Trading offer educational resources which include Articles. Please bear in mind that these resources provided by Rietumu Trading do not guarantee any results when trading. When we checked on the Rietumu Trading website, these educational resources were not available in every language. Also some financial instruments mentioned in any Rietumu Trading educational resources may not be available in your region.
To trade effectively with Rietumu Trading, it's important to have a good understanding of the Rietumu Trading trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Rietumu Trading and externally.
Rietumu Trading . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Rietumu Trading. Familiarizing yourself with the Rietumu Trading trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Rietumu Trading. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Rietumu Trading involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Rietumu Trading, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Rietumu Trading. Explore the Rietumu Trading platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Rietumu Trading, before live trading.
Customer Support at Rietumu Trading
As part of our Rietumu Trading review, we review customer service options, response times and problem resolution effectiveness on the Rietumu Trading trading platform. The Rietumu Trading trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Rietumu Trading Available Support Types
Based on our experience, we have given Rietumu Trading a D grade for customer support. We encountered some slow response times or Rietumu Trading queries that were left unanswered.
Compared to other brokers, Rietumu Trading offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at Rietumu Trading
Our team tested the live chat support of Rietumu Trading and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested Rietumu Trading support services in various countries and languages and found that Rietumu Trading were able to effectively resolve our customer issues.
Email Support at Rietumu Trading
We tested the email support of Rietumu Trading by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Rietumu Trading response.
The Rietumu Trading team did resolve and answer our queries, but the email support from Rietumu Trading was overall average compared to other brokers we have tested.
Phone Support at Rietumu Trading
We contacted Rietumu Trading via phone and received quick assistance within 10 minutes of our call.
The Rietumu Trading phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Rietumu Trading and found that they could assist us in various languages.
While we found the Rietumu Trading phone support satisfactory, there is room for improvement in response time.
See how Rietumu Trading Support Compares Against Other Brokers
Broker | rietumutrading | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit Rietumu Trading | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Rietumu Trading
As Rietumu Trading is regulated by Malta Financial Services Authority (MFSA).
As a new client of Rietumu Trading, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Rietumu Trading in your region. During the Rietumu Trading account opening process, you will be asked to provide Rietumu Trading with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Rietumu Trading have the following documents available.
- Rietumu Trading require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Rietumu Trading compliance. This must be dated within the last six months.
- If you plan to fund your Rietumu Trading account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Rietumu Trading platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Rietumu Trading Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Rietumu Trading's platform.
However, remember that you won't be able to make trades on Rietumu Trading until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Rietumu Trading KYC compliance process as soon as possible to avoid any delays in accessing the Rietumu Trading platform's features.
It is important to note that Rietumu Trading may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Rietumu Trading platform and features immediately. However, you must pass the verification process to start live trading with Rietumu Trading, which can take up to a few business days.
To start the process of opening an account with Rietumu Trading you can visit the Rietumu Trading trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.rietumu.com on November 18, 2024.
Watch this Rietumu Trading Explainer Video
Is Rietumu Trading A Good Broker?
We have spent over 5 years examining Rietumu Trading in depth. Although we found some very useful aspects of the Rietumu Trading platform that would be useful to some traders. We feel that a alternative to Rietumu Trading may better suit you.
- Rietumu Trading have a good track record of offering Forex trading, Social trading, Share Dealing.
- Rietumu Trading has a history of over 16 years.
- Rietumu Trading has a reasonable sized customer support of at least 10.
- Rietumu Trading are regulated by the Malta Financial Services Authority (MFSA). Rietumu Trading is subject to strict regulatory oversight from its respective jurisdiction, which holds Rietumu Trading (the broker) accountable for misconduct. This regulatory framework helps ensure that Rietumu Trading operates fairly and transparently and provides Rietumu Trading customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Rietumu Trading.
- Rietumu Trading have regulation from reputable regulators.
- One of the advantages of using Rietumu Trading is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Rietumu Trading are particularly important as Rietumu Trading traders want to receive their money quickly. With the efficient Rietumu Trading payment processing system, traders can enjoy faster access to their Rietumu Trading funds.
- Rietumu Trading have an international presence in multiple countries. Including local Rietumu Trading seminars and training.
- Rietumu Trading can hire people from various locations in the world who can better communicate in your local language.
Rietumu Trading Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Rietumu Trading not quite right?
If after reading this Rietumu Trading review, Rietumu Trading does not fulfill your needs check out these Rietumu Trading Alternatives.
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We have spent years researching the best alternatives to Rietumu Trading. Click the links below to learn more.
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Related Rietumu Trading Vs Comparisons
Throughout our comprehensive Rietumu Trading review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Rietumu Trading against other popular brokers in the industry, check out our Rietumu Trading Vs pages. Our team has compiled a series of detailed Rietumu Trading comparison articles, pitting the Rietumu Trading platform against some of the best-rated Rietumu Trading competitors in the market. Dive into our informative Rietumu Trading Vs pages below to find out how Rietumu Trading stacks up against other leading brokers.
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Rietumu Trading review
RIETUMU TRADING Frequently Asked Questions
Read our detailed Rietumu Trading FAQ Section updated for 2025.
Can I try Rietumu Trading?
Rietumu Trading do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do Rietumu Trading accept?
Please note that the list of payment methods below depends on the Rietumu Trading Entity and the client's Country of Residence.
Rietumu Trading offer the following funding payment methods Debit Cards, Credit Cards, VISA, MasterCards, Bank Transfers, among other payment methods.
Learn more here
Is Rietumu Trading safe?
Rietumu Trading have over 10,000 users. Rietumu Trading are considered reliable as they are regulated by and checked for conduct by the Malta Financial Services Authority (MFSA). Any payments funded to Rietumu Trading accounts by traders are held in a segregated bank account. For added security,Rietumu Trading use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Rietumu Trading is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Rietumu Trading unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is Rietumu Trading trading good?
Rietumu Trading is considered good and reputable to trade with Rietumu Trading. Rietumu Trading is used by over 10,000 traders and Rietumu Trading users. Rietumu Trading offers Forex trading, Social trading, and Share Dealing trading. Minimum deposit with Rietumu Trading is 1000.
Is Rietumu Trading trading Legit?
Rietumu Trading was founded in Riga in 2008. Rietumu Trading has been facilitating trade on the financial markets for over 16 years. Rietumu Trading offers clients Forex trading, Social trading, and Share Dealing trading. All funds deposited to Rietumu Trading are held in segregated bank accounts for security. Rietumu Trading is regulated by Malta Financial Services Authority (MFSA) so can be considered legit.
Is Rietumu Trading a good broker?
Rietumu Trading allows Forex trading, Social trading, and Share Dealing trading. Rietumu Trading is overseen by the top tier financial regulators Malta Financial Services Authority (MFSA) so can be considered a good broker.
Is Rietumu Trading trustworthy broker?
Rietumu Trading is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Rietumu Trading, money is in a segregated bank account that is separate from Rietumu Trading company's funds. As a regulated broker, Rietumu Trading cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Rietumu Trading. Instead, your Rietumu Trading funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Rietumu Trading. Also Rietumu Trading is regulated in its local jurisdictions including major financial regulators like Malta Financial Services Authority (MFSA).
What is the minimum deposit for Rietumu Trading?
The minimum deposit to trade with Rietumu Trading is 1000.
How long do Rietumu Trading withdrawals take?
Withdrawing money from Rietumu Trading processing time varies depending on the method but averages 1-5 days.
Is Rietumu Trading regulated?
Rietumu Trading is regulated by the Malta Financial Services Authority (MFSA). Regulatory bodies conduct regular reviews and audits as part of Rietumu Trading maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Rietumu Trading a market maker?
Rietumu Trading is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Rietumu Trading even if no buyer or seller is lined up.
How can I start trading with Rietumu Trading?
When opening a trading account with Rietumu Trading, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Rietumu Trading trading platforms, you can follow the link provided below: Learn more about signing up with the Rietumu Trading trading platform here. This will provide useful information and insights into the various trading platforms offered by Rietumu Trading, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Rietumu Trading?
Yes your money is safe with Rietumu Trading.
Overall, strict financial regulation is essential for ensuring that trading platforms like Rietumu Trading operate fairly, transparently, and responsibly, which ultimately benefits all Rietumu Trading stakeholders involved.
Trading platforms like Rietumu Trading must have strict financial regulation for several reasons:
- Protecting Rietumu Trading Investors: Strict financial regulation ensures that investors who use the Rietumu Trading trading platform are protected against fraudulent or unethical behavior by the Rietumu Trading platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Rietumu Trading platform.
- Maintaining Rietumu Trading Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Rietumu Trading trading platform. Regulatory procedures reduce the likelihood of the Rietumu Trading platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Rietumu Trading Transparency: Regulations require trading platforms like Rietumu Trading to maintain detailed records and disclose Rietumu Trading client information. Financial regulatory requirements enhances transparency and helps to build trust between the Rietumu Trading platform and its investors.
Rietumu Trading is regulated by the Malta Financial Services Authority (MFSA). When selecting a broker such as Rietumu Trading, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Rietumu Trading ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Rietumu Trading.
Is Rietumu Trading a con?
Rietumu Trading is regulated and well established, having been in business for over 16 years. Rietumu Trading is not a con.
Can you make money with Rietumu Trading?
Although traders have had great success with Rietumu Trading, trading on the financial markets with Rietumu Trading is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Rietumu Trading have fees?
Rietumu Trading doesn't charge withdrawal fees. Rietumu Trading does charge a fee for inactive accounts. Rietumu Trading doesn't charge deposit fees.
When was Rietumu Trading founded?
Rietumu Trading was founded in 2008.
How many people use Rietumu Trading?
Rietumu Trading is used by over 10,000 registered Rietumu Trading users.
What is Rietumu Trading Headquarters country?
Rietumu Trading has its head quarters office in Riga .
Does Rietumu Trading offer negative balance protection?
Rietumu Trading does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Rietumu Trading offer guaranteed stop loss?
Rietumu Trading does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Rietumu Trading allow scalping?
Rietumu Trading offers scalping.
Does Rietumu Trading allow hedging?
Rietumu Trading does not offer hedging.
Does Rietumu Trading offer CFD trading?
Rietumu Trading does not offer CFD trading.
Does Rietumu Trading offer STP?
Rietumu Trading offers STP trading.
How many people use Rietumu Trading?
Rietumu Trading is used by over 10000 Rietumu Trading users and traders.
Is Rietumu Trading an ECN broker?
Rietumu Trading offers ECN trading.
Does Rietumu Trading offer a demo account?
Rietumu Trading does not offer demo account.
Does Rietumu Trading offer an Islamic account?
Rietumu Trading does not offer Islamic accounts.
What are the funding methods for Rietumu Trading?
Please note that funding methods and options available with Rietumu Trading can be found in the Rietumu Trading Members area and depend on the Rietumu Trading client’s country of residence. Please check your specific available payment methods on the Rietumu Trading website. Rietumu Trading accept the following funding methods : Debit Cards, Credit Cards, VISA, MasterCards, Bank Transfers.