RedstoneFX Journal (Broker rebranded)

Journal status: closed
RedstoneFX rebranded
RedstoneFX Profile
Website
www.redstonefx.vip (rebranded to www.maxainasia.com)
Year
2023
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG, FINTRAC Canada
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Brazil, Canada, Cuba, Cyprus, Haiti, Hong Kong, Iran, Korea, North Korea, Puerto Rico, Suriname, Syria, US
Broker type
MM, STP, ECN marketing
Dealing book
A+B hybrid book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

RedstoneFX Accounts
MM
ECN
Minimum Deposit
1 $
10000 $
Leverage
1000 : 1
100 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.3 pips
0 pips
Commission
0 $/lotRT
7 $/lotRT
Volume
...
...
Margin Call
100 %
100 %
Stop Out
50 %
100 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, China UnionPay, WeChat, Alipay, Tether, Credit Card, Debit Card
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
none
Update broker

Is RedstoneFX safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG, FINTRAC Canada
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is RedstoneFX trusted?

  • Information transparency: poor
  • Customer service: virtually non-existent
  • RedstoneFX website: uninformative, updated ★★
  • RedstoneFX popularity (by visitor count): least visited

How RedstoneFX works



No Client Agreement found on the website



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