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Renesource Capital review
Renesource Capital

On-line since: 2009
Country of origin: Latvia
Regulation: Financial and Capital Market Commission of Latvia (FCMC), European Securities and Markets Authority (ESMA)
Payment options: wire transfer
Minimum account size: $10
Minimum lot size: 0.01 lots
Leverage: 1:100
Spreads: floating

About the company:

Renesource Capital is a Latvia-based brokerage company established in 1998 in the capital of Latvia, Riga.

Renesource Capital grants its clients access to an impressive variety of trading instruments, including currency pairs, commodities, contracts for difference, bonds, futures, options, and stocks.

The broker provides a wide choice of trading platforms and services such as MT4, Integral, QUIK, CQG, Currenex, J-Trader as well as Equities DMA (Direct Market Access) and voice trading.

The trading conditions offered by the company may vary considerably depending on the instruments, platforms and type of account you use. For example, the FX Micro account on MT4, which is the best option for beginners, requires $10 as a minimum deposit and features floating spreads starting from 0.3 pips.

Renesource Capital 6/10 (votes 2402)
Comments Interested in other brokers?
Author of Renesource Capital: Alfarizi | Date 2017-11-30
Hye trader, if you want to join renesource capital, better be careful. I have been using the service for more than 5 months and have couple of losses from the beginning. My order execution especially on TP and SL never executed properly so they don’t ever guarantee this! As such, last week I hope to secure 80 pips in profit but it went to opposite way. The fee structure is complicated with so many hidden fees. Quickly, getting all funds from the trading account and move to other Forex broker now. Hope to see more profitable trades with better and great services guys!
Author of Renesource Capital: macklemore | Date 2017-09-05
at first trading with renesource capital is okay everything was okay until last week my account has been freeze because they said they need to investigate my account because they suspect I’m using arbitrage on this account. As I know I just using scalping strategy which is will scalp below 10 minute or 5 minutes. Maybe they don’t like me always made a withdrawal request for every week. They feel insecure with my profit that’s why they made this excuse freeze my account. it has been a week I can’t trade using that account but it’s okay because my style I will withdraw all profit that I got every week so that I can reduce risk in trading. So far I will use 50 USD as capital only and I can gain up to 200 USD per week. I will trade on GBPJPY pair because this pair movement is fast but high risk. I don’t mind if they want freeze my account because I have another account with another broker. If they freeze because such excuse I can say that they are not reliable broker that want trader margin call and made deposit only. Please stay away with this broker if you don’t want they freeze your account.
Author of Renesource Capital: PALM | Date 2017-08-09
I have been complaining in Resource Capital after I was not able to withdraw my bonus including the profit I made for 4 weeks. The broker didn not confirm the reason why i cannot withdraw it and seems that they don't care at all. They only told me that they will process it but they never did. What they did made me disappointed so i made up my mind and close my account with them. I hate their way on how they treat their clients and i regret joining here!
Author of Renesource Capital: fxjustin | Date 2017-07-19
Renesource Capital is an excellent broker with a very flexible leverage. I have been trading with them for about 2 years and 5 months, I always got almost 100% profit and more then 50% bonus in every trading. They provide good trading platform with prices showed in the trading platform are in real time and not altered and every trading I have a personal manager who always helping me in all my doubts, he has showed me all the features of platform and peculiarities of forex trading. I'll invite all my family to do trading in this broker. Very good.
Author of Renesource Capital: mansur | Date 2017-06-12
Renesource Capital can be consider as one of the reliable broker and my recommendation is if anyone especially newbies who seek for reliable broker I recommend to use Renesource Capital service since it allowed minimum deposit of a 10 USD via wire transfer. Transaction services was good and normally it fast without any delay. Within less than 3 hours I can see my money already credited into trading account. In fact, I have been using the services for 2 years and I have made so many times deposit without any error occurred. During my early journey with Renesource Capital, my trading performance was not consistent because of my poor technical analysis and I keep improve trading skills by learn from the expert group. Now, my trading performance become well and I can generate additional income average 400 USD per month. Thanks Renesource Capital!!
Author of Renesource Capital: Meya | Date 2017-05-12
Renesource Capital's system gives you flexibility to trade anywhere in the internet access and if you are a casual trader, their minimum account is just $10 and it is perfect for me who was still newbie in forex trading so I shouldn't have to deposit too big and will not worry for big loss too. And I like them too because I got a bonus from them for my trading modal. Withdrawal process is stable and I get funds is reasonably quick. I recommended Renesource Capital.
Author of Renesource Capital: Rozzie | Date 2017-05-11
Renesource Capital is a reliable and trustworthy broker that I can rely on. In fact, I have been using the services over a year. Until now, they still maintain it especially on MT4 trading platform also very well-managed and organized. Sometimes, yes there is are-quote did happen but it was not too often and still considerable and okay. Normally, I will set stop loss and take profit and I am so thanks since it able to execute properly. I think trading wise on the platform was good and no issue. Last time, I did request a withdrawal $200 via wire transfer and I don’t have to wait for so long. As usual, process done less than 3-4 days, I can see money credited into account. Thanks Renesource Capital.
Author of Renesource Capital: Baber | Date 2017-04-21
Renesource Capital is a reliable broker, and I have been with this broker for 2 years. In the beginning, I traded with demo account and it took me 3 months to learn more about forex world. Of course, I met many losses during first trade. However, I keep on trade and learn new strategy as well as skill from attending to several forex classes that organized by Renesource Capital. Now, my trading skill was better and I have withdrawn my first profit 350$ through wire transfer. Moreover, the process of withdrawal was very fast, it took me a short time to get money within 5 hours. Additionally, everything at this broker runs fast and smooth, with no requoting or slippage. In general, Renesource Capital is a reliable broker to trade, and I hope I will continue making more profit with this broker.
Author of Renesource Capital: Binbash | Date 2017-04-03
I just joined to trade with Renesource Capital 8 months ago, but I just got many losses with this broker. In last month, I won the prize of their contest with sizable bonus. However, until now, I haven’t gotten anything from them. Whenever I called them to ask about the prize, they always promised me that my prize is in process. In addition, my withdrawal usually takes me a long time – 1 week to get money. Thus, I just got my money with 300$, after I made request of withdrawal in 1 week!!! Besides, there have poor platform, poor customer service, and poor execution speed. Everything is poor with this company. Therefore, I advise traders that don’t joined Renesource Capital. If you want to try to learn trading and look for a good broker, I will recommend you another broker to trade. Overall, Renesource Capital is just a scammer!!!
Author of Renesource Capital: Eddie | Date 2017-03-22
Trading with this broker is very profitable, at least for me. First, I opened a demo account in order to try some strategies I had in mind and also to know more about its trading terms and conditions. After 6 months using a demo account, I switched to a real one because I realized that trading terms and platform suit with my strategies very well. Registering doesn’t take too much, just a few minutes. I made my deposit process very fast via wire transfer. I started with the sum of $300. During the first weeks, I only traded with major currencies and got good earnings, around $200. After a few months, I got 40% of the sum I invested at the beginning. In order to reduce my risks, I always set my SL and TP orders, so I feel more secure. I must say that my orders never have been altered or closed without hitting the fixed price. Also, the withdrawal process is fast and easy to make, too. I can set my leverage up to 1:100 but I prefer to set the minimum leverage to control my risks. Overall, it’s a broker you can trust on.
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