Multi-asset broker Renesource Capital has made available 16 new currency pairs for trading to retail investors using the MetaTrader 4 (MT4) trading platform. Thew new instruments are available as of 18 December, 2016, via any forex account the broker offers. As a result, the broker’s offering has increased to include 90 forex pairs in total.
The new pairs are available for trading with a minimum margin requirement of 2% or 5%. Following are the new additions and their respective margin rate:
- pairs with 5% margin – GBP/TRY, USD/RON, ZAR/JPY, USD/THB, AUD/HKD, CAD/DKK, CAD/MXN, CAD/SGD, and CHF/ZAR
- pairs with 5% margin – NOK/JPY, NZD/SEK, NZD/SGD, AUD/NOK, AUD/SEK, CAD/NOK, and CHF/SEK
Renesource Capital offers three types of forex trading accounts – FX Micro, FX Classic and FX Pro. In addition to MT4, clients can also use Integral or Currenex platforms. Following are the conditions for the MT4 forex accounts:
Renesource Capital is based and regulated in Latvia. It expanded its license with foreign exchange transactions in 2013. The broker offers trading in forex, bonds, futures and options, equities, contracts for difference (CFDs), exchange-traded funds (ETFs) and over-the-counter (OTC) derivatives. It serves both retail and institutional clients alike. In addition to electronic trading, the broker accepts offers via telephone, email or instant messaging systems.