Broker Name: RSQtrade
Broker Type: Crypto
Operating since year: 2016
Address: Nova North, Bressenden Place, London, SW1E 5BY
Broker status: Active
Email: [email protected]
The Trading platforms: Desctop, Mobile, MT4
Trading platform Time zone: /
Demo account: Yes
Mobile trading: Yes
Web-based trading: Yes
Other trading instruments: Yes
Minimum deposit ($): $2 500
Maximal leverage: 1:400
Scalping allowed: Yes
- GENERAL INFORMATION
- FUNDS TRADING AND SECURITY
- THE TRADING ACCOUNTS
- TRADING CONDITIONS
- TRADING PLATFORM
- RSQTRADE’S TRADING PRODUCTS
- CUSTOMER SERVICE
Broker Review: RSQTrade
RSQtrade is a brokerage specialized to provide users a streamlined digital currency trading experience. Unlike a couple of other similar brokerage firms, it also has numerous different asset types in its options. The broker operates from Nova North, Bressenden Place, London, SW1E 5BY. Our RSQtrade review aims to help you determine whether it’s the right company to conduct your trading.
Its trading products are Stocks, Forex, Commodities, Indices, and Cryptocurrencies. When a broker only focuses on crypto, it’s a message for non-digital currency traders to reconsider the broker and leave. It is hard to blame them for their decisions since most crypto brokers are focused just on digital currency. That tends to leave the rest of their selection relatively lackluster. We can say that RSQtrade makes a difference. It manages to combine crypto and traditional investing assets in a comprehensive experience.
That innovative structure is the company’s main interest, and while the formula is simple, it’s also practical. The main complaints about crypto brokers are their complexity and singular focus, while RSQtrade manages to solve both of those issues and turn them into a unique experience. It is more of a universal broker, and it does something few manage to do.
Thus, the broker achieved to stand out from the vast number of new brokers that look similar. Naturally, standing out is one of your brokerage requirements to break through, so RSQtrade is on the right track. Before we continue our RSQtrade broker review, we’d like to present some of its more exciting qualities:
· No Transaction Fees
As we know, transaction fees began to disappear in the brokerage world, but some crypto brokers and exchanges brought them back. Now, many digital currency-oriented brokers charge either deposit or withdrawal fees. Unlike them, rsqtrade.com doesn’t charge for anything like that. It has an entirely fee-free funding structure. It means that your money goes into trading, which gives you more significant profits.
As we already mentioned earlier in our RSQtrade review, the broker has a clear and straightforward service. You don’t need to invest in wallets, then buy crypto and go through similar ordeals to trade. Instead, you need to sign up, deposit the minimum, and you are ready to start trading. Another positive aspect of the broker is that it is available across the globe. It has over 200 countries on its customer list. The broker brings crypto trading to those that would have no other option otherwise.
Variety is one of RSQtrade’s primary advantages over other crypto firms. It’s included in one of the few digital currency brokers that offer a competent trading service with various assets. On top of that, the broker’s collection of trading products is quite significant. It has over 250 assets to trade. You’re guaranteed to find the instrument you’re looking to trade.
Funds Trading and Security
Users should never conduct business with any firms that don’t think about their online security. It’s true for many internet services, especially for brokers, where customers invest a considerable amount of money. Even more, crypto brokers are often the target of hackers because of the possibility of profits. That’s the reason why we’re more careful and strict with such brokers – because we’re aware of how such events can harm customers.
We must say that RSQtrade didn’t experience any such incidents. Furthermore, it’s challenging to find any security fails that would damage the broker’s reputation. That gave us hopes for the security measures of the broker. We are happy to find out that RSQtrade delivers a straightforward security web for its users.
It has encryption that prevents anyone from getting your data. That refers to anything you put on the site, whether it is your card info, username, and password. It has two-factor identification, which means your account is secure as long as you have access to your email.
Besides security measures, the broker’s user-friendly website and its transparent business model produce trust. Moreover, the precise terms and conditions accomplish the same trust and values. As it goes, the broker earns more positive grades for our RSQtrade review.
The Trading Accounts
In terms of trading accounts, RSQtrade is good at maintaining a balance between loyal and new users. The company offers accounts that scale with your investment levels. It is constantly adding new features along the way. This fact creates a logical progression that traders can follow if they’re uncertain about how to deal with it. It also makes upgrading more accessible, as you can achieve it naturally by investing more as time goes by. Because of that, it’s absolutely challenging to go wrong with any account.
Furthermore, there are several options in terms of the amount of money as a starter. There are budget and luxury possibilities that are easy for traders to make decisions. Even the budget options can give you a complete trading experience without any severe restrictions. That means that the company will never force you to take the following type to get a satisfactory experience.
It is worth mentioning that if you show your loyalty by investing more instantly, RSQtrade rewards you. You will receive a series of luxury features, including managers with professional guidance, among other positive things. The features make the trading process convenient while making it easier to turn it into a profit.
RSQtrade provides the trading conditions with a great mix of accessibility and complexity. As we’ve mentioned several times throughout our RSQtrade review, they’re among the few crypto brokers with other asset options. More precisely, they fulfill both aspects well enough to grab attention. Because of that, you can’t reduce the firm to a crypto broker, as they’re pretty diverse in terms of service. That creates the preconditions for any trader to enjoy the services provided by the broker.
The broker is also reasonably competent in individual trading conditions. It also has high leverage at a maximum of 1:400. It can help traders to spread their capital and boost their earnings. Spreads are tight, meaning that the costs of using the service are down to a minimum. It has various funding options, meaning your money can get in and out of your account quickly. That process minimizes disruptions. Lastly, we can say that the broker’s proprietary platform is essential in trading, but we will talk more about that soon in our RSQtrade review.
RSQtrade created a unique platform for its service that emphasizes the broker’s primary strengths. The software manages to capture the uniqueness of crypto trading and more traditional securities. Besides that, getting used to it is simple, with a comprehensive UI and functionality. The software has all the favorite options for traders, with both mobile and web options.
RSQTrade’s Trading Products
In our RSQtrade review, we emphasized the importance of its various trading instruments. Because of that, this firm is one of the few we could recommend for both digital currency and traditional trading. Its diversity allows for the simple application of fundamental skills, such as portfolio diversification. Additionally, when you have more choices, the average choice quality first, as you don’t need to compromise with assets.
We have to mention the importance of a competent customer support team. It seems that RSQtrade also prioritized this subject. The firm’s operatives are quick to respond and have knowledge about common trading issues. They work 24/7, which is typical for online brokers. You can reach them via email, phone, or the live chat option displayed on the broker’s website.
Email: [email protected]
RSQtrade made up a formula that many traders will follow in the future. As crypto trading becomes mainstream, it also increases the demand to unify it with traditional trading. Finally, the risk paid off, and now they’re a rare example of a genuinely universal broker.
The firm has excellent account typing. We have to say that the broker also has powerful trading specifications since the versatility wouldn’t be worth much without them. Because of that, RSQtrade managed to separate itself from the grain and became an experienced user.
We want to round off our RSQtrade review with a definite recommendation. The firm did well in ensuring that both beginners and experts can enjoy its services, so it’s absolutely impossible to end up disappointed.