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RedRock500 Review – Is RedRock500 a Trustworthy Trading Platform?

RedRock500 Review – Is RedRock500 a Trustworthy Trading Platform?

If I am writing this review, I am doing it to help you. I have been trading for years now and I think it is my duty to help other traders walk the right path rather than getting lost. Trading is not that difficult if you are having the right partner with you. The company that you sign up with is the partner that can help you trade and make money on your trades. It can provide you with all the tools necessary for trading like a professional. In my search for the best one, I think I haven’t found an option better than RedRock500. RedRock500 trading platform has offered me everything I wanted and plus some more.

Is it a platform you can sign up with and trade in the long run? Let’s find out with some important points in this RedRock500 review.

Depositing Is Convenient for Everyone 

There is no doubt that to trade, you will first have to have a trading account. You are going to open that account with the broker you sign up with. Now, you must know that the options for depositing funds are easy, convenient, popular, and reliable. I think the deposit options with RedRock500 are some of the best and most convenient. Firstly, you can use a variety of methods for funding your account. You can go with your debit card, credit card, wire transfer, and even with an e-wallet. What I love the most is that you can use just about any currency you like when you deposit through these methods.

If you look at things closely, you will also realize that this broker is not charging you any fees for your deposits. The only fee you will have to pay is to the service that is processing your payment. Use credit card, bank transfer, or e-wallet, you will not have to pay anything to RedRock500. Do you know you can start trading with a small deposit of just $250?

Tight Spreads and Big Leverages

Trading conditions should be your primary focus before you agree to sign up with an online trading platform. Will you be able to make a lot of money on your trades? How much money will you have to lose one every trade just because the broker will be charging you a huge commission? Once you know the answers to these questions, you can trade with peace of mind. I can tell you that with this company, you can have leverages that go as high as 1:1001. These are some of the biggest leverages that I have seen in my trading career. On the other hand, you have some of the tightest spreads.

You have to incur these spreads when you trade. However, the spreads should not really hurt you when they start with only 1pip. It could not get any tighter than this I can tell you from experience.

Trade What You Like

Why should you trade a particular asset for the sole reason that your broker does not have anything else to offer? If you have signed up with a company that does not offer you a lot of assets in the modern world, you should not sign up with it at all. In the age of technology when you can trade from the comfort of your home, you should be able to trade what you like. And that’s what’s going to happen when you are on the trading platform of RedRock500.

This trading platform gives you access to all the major markets of the world. Whether you want to trade fiat currencies, indices, stocks, commodities, or the newest digital currencies, you can trade them all with this company.

Final Thoughts 

So, you can see that RedRock500 has done a great job of creating the best features and providing its traders with the most lucrative trading conditions. You can already trust it for the fact that it has been around for some time. And when it comes to features, I don’t think many other brokers can easily match what it is offering.

I'm a Crypto Enthusiast, Trader and Investor
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Comments

  • Iain says on

    I have nothing good to say about Redrock500.

    I paid my initaial £250 via BitTheBank, which was then transfered to Redrock500, they did some small trades that made a small profit. I asked to do a partial withdrawal before making any more deposits as I wasn’t convinced they were legit, they allowed me to transfer £70 to my bitcoin wallet account (BitTheBank).

    This ‘Bank’ wouldn’t release the money to me without Redrock500 approving it, which raised a Red flag – and although they did approve it (so I got £70 back) I decided I wanted to have the rest of my money returned.

    Since then, I have requested the money 4 times but have had it ‘cancelled’ by there finance team, claiming I haven’t provided the right documents… I have emailed my ‘Account Manager’ (Jon Hamilton) multiple times who claims to be too busy ‘making profit’ for others but will speak to the finance department to sort it.

    Its now been over a month with nothing returned with my latest withdrawal request being declined because I have ‘active trades’, so it now looks like they have started trading with my money without my knowledge despite my account manager knowing i want to withdraw.

    AVOID these people and invest in a regulated company…

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