Renesource Capital review and ratings

Established 1998
Location Latvia
Regulation FCMC
Offices Riga
Broker type STP | ECN
Leverage up to 1:30
Deposit from 10 USD
Spreads low  low
Platforms MetaTrader 4 Currenex CQG Specific FIX API (protocol)
Instruments Currencies Indices Metals Energies Stocks Bonds ETFs
Funding methods Wire Transfer

Company information

Renesource Capital is a forex broker located in Latvia, regulated by the Financial and Capital Market Commission (FCMC).

Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.


Renesource Capital accepts clients from all over the world, excluding USA and some countries from the OFAC list.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

90+ Currency Pairs Based on major and minor world currencies.
100+ Indice Futures Based on baskets of different blue-chip stocks.
2 Metal Spots Based on Gold and Silver.
2 Energy CFDs Based on Crude Oil (Brent) and Gas Oil.
30+ Energy SWAPs Based on Fuel Oil, Jet, Diesel, Ethanol, Naphtha, VGO, MTBE and others.
100+ Bond Futures Based on different government securities and corporate bonds.
5000+ Stock CFDs Based on shares of AU, US, UK, EU, RU, Brasil, Mexico, South African, India, Hong Kong, Japan, South Korea, Singapore and Taiwan companies.
500+ ETF CFDs Based on exchange-traded funds containing various tradable assets.

Most of Bonds, Stocks and ETFs are available at QUIK and J-Trader platforms.

Comprehensive review

Renesource Capital is a large forex & CFD brokerage company that has been active in the industry since all the way back in 1998. The broker is headquartered in Riga, Latvia, and is regulated by the Latvian Financial and Capital Market Commission (FCMC) and the European Securities and Markets Authority (ESMA).

As one of the true veterans in the forex broker industry, Renesource Capital today offers a very wide range of assets in the form of CFDs for retail traders, in addition to corporate finance and investment banking services to the professional and institutional segment of the market. Setting Renesource Capital apart from the competition is also a range of services offered to high net worth individuals, such as asset & wealth management and so-called broker-assisted trading services.

For non-professional (also known as retail) traders, Renesource offers trading in everything from forex, to government & corporate bonds, stocks, exchange traded funds (ETFs), futures & options, various OTC (over-the-counter) derivatives, as well as CFD instruments based on many of the aforementioned assets.

Important to note, however, is that Renesource Capital is a broker regulated within the EU. This means that trading leverage for non-professional traders will always be limited to a maximum of 1:30, which is significantly lower than most offshore brokers offer.

When it comes to account types, Renesource Capital offers three different choices for forex traders:
– FX Micro, with a deposit between USD 10 and 2,000
– FX Classic, with a minimum deposit of USD 500
– FX Pro, with a minimum deposit of USD 1,000

All of these account types are good choices for most traders, and can be denominated in either EUR or USD. All three trading accounts also allows trading in 90 FX pairs, as well as gold & silver. The main difference between them therefore comes down to the commission fees, with the FX Pro account charging a commission of USD 25 per $1 million traded. The FX Micro and FX Classic accounts, on the other hand, do not charge commission fees.

Spreads on trading instruments offered by Renesource Capital are generally quite tight, particularly when compared to many of the smaller forex & CFD brokers that offer their services to the retail market. All account types comes with floating spreads, starting from 0 pips. Considering this, we believe Renesource is an ideal choice for serious traders who want to ensure they get the best prices in order to keep their cost of trading as low as possible.

Strengthening the case for Renesource Capital further is also the fact that this brokers offers the choice between so many trading platforms. Whereas many smaller and mid-sized forex brokers offers only the MetaTrader 4 (MT4) platform to trade with, Renesource also gives clients the chance to use exciting trading platforms like Integral, QUIK, CQG, Currenex, J-Trader, as well as a dedicated DMA (direct market access) platform for the stock market.

Separate from these trading platforms, Renesource also offers a voice trading feature, which really sets it apart from most other brokers. The way this works is that clients can call in to the company’s broker desk and place trades directly with the broker over the phone. What makes it even better is that this is a free service for all Renesource clients, and that it can be performed on a range of assets, including forex.

Trading accounts with Renesource Capital should generally be funded with bank transfers, and not by the popular e-wallet services that many other brokers accept. However, keep in mind that accounts should not be funded before the account opening process has been completed and all necessary documents have been verified by the broker. As a fully regulated EU-based broker, this process will be more comprehensive than with many offshore brokers.

On a final note, we would like to emphasize that Renesource Capital is a large and highly professional forex, CFD, and stock broker with many years of experience in the industry. The broker also offers very competitive spreads & commissions on a huge range of different trading assets. All in all, we therefore highly recommend Renesource Capital for traders looking for a reputable broker.

No reviews yet

No reviews from traders yet.