Note: REVOLUTRADINGs official site - https://revolutrading.com/en is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is REVOLUTRADING？
REVOLUTRADING, also known as Revolutrading S.A, is purported to be a forex and CFD broker providing various financial instruments like CFDs on currency pairs, cryptocurrencies, commodities, and indices. However, the broker's lack of regulation and a non-functional website contribute to concerns regarding its reliability and credibility.
In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. At the end of the article, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.
Pros & Cons
Pros:
Tiered accounts: REVOLUTRADING offers six tiered accounts options, catering to traders with different levels of experience and financial capabilities.
Cons:
Unregulated: The broker operates without legitimate regulatory oversight, raising concerns about client protection and financial transparency.
Website unavailable: Ongoing issues with website accessibility hinder traders' ability to access essential trading information and services.
Lack of transparency: REVOLUTRADING's operations lack transparency, leaving traders unaware of important details regarding fees, policies, and procedures.
No customer support: The absence of customer support channels frustrates traders who require assistance or guidance with their trading activities.
Is REVOLUTRADING Legit or a Scam？
When considering the safety of a brokerage like REVOLUTRADING or any other platform, it's important to conduct thorough research and consider various factors.
Regulatory sight: Currently, the broker operates without any legitimate regulatory oversight, which raises significant concerns regarding transparency and accountability. This lack of regulatory supervision can expose investors to various risks, including financial malpractice and fraud. Compounding the issue is its inaccessible website. This adds to the concerns surrounding the broker's credibility and reliability.
User feedback: For a deeper insight into the brokerage, traders should read reviews and feedback from existing clients. These valuable inputs from users, available on trustworthy websites and discussion forums, can provide firsthand information about the broker's operations.
Security measures: So far we have not found any security measures over internet for this broker.
In the end, choosing whether or not to engage in trading with REVOLUTRADING is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.
Market Instruments
REVOLUTRADING offers a diverse range of market instruments catering to various trading preferences and strategies. These include binary options, CFDs on currency pairs, cryptocurrencies, commodities, and indices.
Binary options provide traders with a simple yet potentially lucrative way to speculate on asset price movements.
Meanwhile, CFDs offer flexibility, allowing traders to profit from both rising and falling markets without owning the underlying asset. With the inclusion of currency pairs, cryptocurrencies, commodities, and indices, REVOLUTRADING provides traders with ample opportunities to diversify their portfolios and capitalize on market trends across different asset classes.
Account Types
REVOLUTRADING caters to traders with diverse needs by offering a range of account types, each designed to accommodate varying levels of experience and trading preferences.
The Basic Account, accessible with a minimum deposit of $250, serves as an entry point for new traders, providing access to essential trading features.
Moving up the ladder, the Standard Account requires a minimum deposit of $500, offering additional benefits beyond the Basic tier.
The Trading Account, available with a deposit of $1000, caters to more experienced traders seeking enhanced trading conditions.
For seasoned professionals, the Pro Account requires a minimum deposit of $5000, unlocking premium features and personalized support.
The Premium and Platinum Accounts, requiring minimum deposits of $25,000 and $50,000 respectively, offer exclusive benefits, such as priority customer service and customized trading solutions, making them suitable for high-net-worth individuals and institutional clients.
Moreover, while REVOLUTRADING entices traders with a 30% trading bonus upon the initial deposit, it's important to be at utmost caution. Such promotions typically entail additional withdrawal conditions, including minimum trading volumes or holding periods, before traders can access their bonus funds or associated profits. Traders should carefully review the terms and conditions associated with the bonus offer before accepting it to ensure they align with their trading objectives.
Leverage
In terms of leverage, REVOLUTRADING maintains a consistent maximum leverage ratio of 1:400 across all account types. This high leverage enables traders to amplify their trading positions relative to their invested capital, increasing both profits and losses.
While higher leverage can enhance trading opportunities, it also magnifies risk, requiring traders to employ robust risk management strategies to safeguard their investments effectively.
Trading Platofrms
REVOLUTRADING claims to provide access to the MT4 trading platform through web and mobile interfaces. However, the actual offering is limited to a web-based trading platform only. Traders interested in the platform should contact the broker directly for further details and clarification regarding the available trading platforms and their functionalities.
Customer Service
REVOLUTRADING's lack of customer service channels is frustrating for traders. Without a direct means of communication, addressing concerns or seeking assistance becomes challenging, hindering the trading experience and leaving clients unsupported.
Conclusion
In summary, while REVOLUTRADING offers a range of online trading services covering binary options, CFDs on currency pairs, cryptocurrencies, commodities, and indices, its unregulated status, lack of customer service and ongoing website accessibility issues cast doubt on its operations.
Given these concerns, we advise exploring alternative brokers that prioritize transparency, regulatory compliance, and superior customer service to safeguard your investments effectively.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
