RinxoReviews 23

In general, the trading experience is okayish here, all processes are standard. There are no hidden commissions, customer support was responsive, even though I bombarded them with a bunch of questions.
However I feel like adding some AI features like signals or quick take profits and stop losses would be nice. The broker should keep up with the time. I've seen other brokers adding those features a few months ago, and I hope Rinxo will consider my comment in the near future.

They're at the point where mt5 is their weak side, because it just offers the tools to do the work :/ I am not saying it's bad, but if they had their own platform- they could surely add some more features into it. For example, it would be nice to see a calendar with earnings coming up, and some kind of sentiment/news section to analyze these stocks as well. This way people won't leave elsewehre to do their analysis, and remain on the platform at all times.

Side of payments is really nice, they have all the methods including crypto and it's just $10 to start trading here. Affordable to be honest, and graet on them for being transparent with the periods of withdrawal, different methods take different time. Right now I may be on Pro account, but my goal is to get to ultra low and thats where I will try scalping and paying less for the overall fees, thats good for trading less popular stocks with less liquidity.

The mobile app mirrors the desktop experience well.
I didn't notice any difference between both versions. In terms of trading conditions, Rinxo delivers fast order execution and thin spreads on FX majors. Whenever I open trades during news, the slippage has always been minimal, I mean you lose $3-$4, but I guess it's normal. Of course, everything depends on your trading volumes. If you trade with small positions, there's no need to worry about slippage, but when it comes to larger lots, you gotta keep in mind that.

Trading terms depend on the account you choose and as a relatively new trader I decided to test its standard account, even though the pro account is also very affordable with a $50 deposit. Nevertheless, I opened a real standard account with just a $10 deposit to see if the spreads, the execution, the platform and everything works as described. Haven't noticed anything weird or unusual. Execution is okay, and even the spread is not bad at all if we compare it to other brokers' standard accounts. But i made a decision to continue trading here and i think if you consider trading in the long run, the pro account is a wiser choice

It was not long ago as I registered there - not gonna lie, it was the minimal deposit for the standard account that attracted me to quickly test the platform and forget it (as I thought inititally).

So upon registerin gmy standardaccount, I started trading different instruments from forex to crypto - to see of the spreads stayed consisetnt (relatively speaking, in volatile periods). And the spreads were good, I liked the consistency throughout my trading sessions, esepcially for major forex pairs like euruas I trade most often. So in this regard, I liked it especially because I expected nothing before. By the way, they don't charge any commission on the standard account. Another plus too.

I wouldn't describe their blog as complete - it's good but it needs to be advanced more. More detailed. More informative.

As for withdrawals, I like they didn't charge any fee on that, and also I appreciate I could do it using USDT. I used it 3-4 times. Worked well.

Rinxo is a relatively new trading broker, but they are already both regulated and licensed making them a legit option to trade with. I already made sure to test out withdrawals with a small sum, and it was processed in under two days. Pretty average time of arrival, but it's good for me as long as I get paid :D since that little test, I'm trading with them indices intraday. The fees are okay. What I noticed was that they don't widen even during high volatility. Usually spreads stay at 2-3 points. Another important fact to mention is that the platform executions are awesome. The markets are really indecisive at the moment, swinging up and down with a huge volume. However, rinxo executions stay top notch, filling all my orders without any delays!

First of all - good job on acquiring MT5 for your services. Well honestly speaking taking something else than MT5 wouldn't make much sense becuse you can't trade stocks with base MT4 and this is why MT5 is taking over. Because the last version has much limitations, and stocks is just one of them. And almost 1000 stocks offered is a nice selection, and in no way people trade all of them, but it's about the selection as a whole. I checked out spreads for them, impressive really, market average below for most of them. Ultra low account offers the best conditions and I like how they are asking $500 for it. I don't think it's a lot for these conditions, it also makes sure you have enough capital to open trades without risking like 10% of your capital on a single trade.

The platform is decent. Very good trading conditions for the pro account. It's good if you prioritise low trading costs. Plus the market range is excellent, which gives incredible flexibility to traders to trade almost everything tradable in the market. I think this is an excellent broker for more experienced traders, but the pro account comes with a very low min depo requirement of only $50 so even beginners can get to trade with such advanced acc type! Only if there was a more comprehensive education hub, it would be a beginner-friendly broker.

Trading conditions were versatile enough to apply different trading strategies with more emphasis. I could scalp, trade intraday on separate accounts. 0.7 spread on one, $3.5 commission on another, both pretty effective to save on trading costs. Taking into account my trading volumes, crucial feature

While all brokers claim to be created by traders from real traders, here this is obvious. I appreciate how they kept everything clear, including for the trading costs. Even before opening an account you get a clear picture about the costs and you can even inspect the spreads on all of the instruments available for trading for each account type. This level of transparency is unmatched. On the other hand, one can surely find some flaws but I think this is intentionally done because I think they have targeted traders who prefer trading with lower costs on mt5. If you do this, rinxo can be a good choice. I trade with their raw account type. Incredible spreads and the round turn fee is $7 which is pretty much the standard. Also,, no issue with payments. Withdrawals are processed fast, but there are not many payment methods available, only the most popular ones

I found a pretty great raw trading account with offered commission. $3.5 per side, lower than industry average, meant only one thing: I could save more on fees. To be, honest, the first condition I expected from every broker in my shortlist, taking into account my high frequency trading. Rinxo managed to deliver and even didn't lower the leverage. The same 1:1000 as on other accounts. Sure thing the broker had its own downsides, like lack of modern platforms, ctrader and tradingview, but I could ignore it in favour of fees,

My main focus here was eur/usd. And I am saying was because I am trying shares too after I've seen how many they offer.
But not for everyday trading, just poking around and opening smaller lots to see how well they do with my strategy. Because mine is for a normal volatility asset like eur.usd, for higher Ineed to refine it a bit.
About the accounts, I think selection is decent, I really like how greed is not a part of this whole gig because min, deposits are just as I wanted them to be. Not a lot, for $50 you are getting a pro account, and $500 for ultra raw is okay for those who like it, not me though.
One remark - bring blog back to life please, because now it's💀

They launched a new promotion and honestly, I couldn't get how it works, so I contacted support to ask for additional information. Now it's clear, all your first 3 trades are protected up to $100 on oil trading, not bad not bad I should say. Not every broker is ready to provide such conditions!

Biggest strength of the broker: support 24/7, very tight spreads, and large selection of stocks, not just blue chips, some really growing and rares ones, hidden gems that not everyone offer in cfd, If they make more friendly the swap policy, it would be nice..

When I signed up, I just opened a demo account to test the waters. It was a good opportunity to evalute featuers and trading conditions, rinxo didn't disappoint me at this point. Support was responsive, even though I bombarded them with a bunch of questions, sorry for my obsseisve requests.

You ever close a trade and just stare at the chart l; ike "what the heck jsut happened?". That was me recently at 2 am when the crypto market plummeted suddenly, BTC and ETH fell by 10-15%. Luckily, I survived and the platform didn't let me down. Somehow, don't ask me how.