Do not invest more money than you can afford to lose.
Renesource Capital, a Latvia-based multi-asset broker, has expanded its product offering with the addition of two pairs of precious metals to the Euro – Gold (XAU/EUR) and Silver (XAG/EUR). The new instruments are available for trading via the MetaTrader 4 (MT4) platform. Holders of any type of Renesource Capital accounts can trade in the pairs.
Traders are required to use a margin rate of a minimum 4%. Following are more details about the trading conditions for the two pairs:
Currency pair | Margin requirements | SWAP, points | SWAP, pips | ||
|---|---|---|---|---|---|
Long position | Short position | Long position | Short position | ||
XAUEUR | 4% | 0 | -70 | 0 | -0.07 |
XAGEUR | 4% | 0 | -14 | 0 | -0.00014 |
In addition to MT4, Renesource Capital can also use several other trading platforms – Currenex, Integral. The broker offers three account types – FX Micro, FX Classic and FX Pro.
Last month, the broker also added 16 other new forex pairs for MT4 users.
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.
