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Thread: Anyone live with Renesource Capital?

  1. #1
    Wondering if anybody is trading live forex/futures with Renesource Capital? If so what is your expertise? http://www.renesource.com/en/

  2. #2
    Quote Originally Posted by ;
    Not yet, I eventually picked another brokerage but I had been seriously contemplating them. But I have a type of support experience with them.

    Among the biggest problem is that all the agreements and questionaries can be found in Russian and Latvian for now and it isn't an easy process to open an account with them. When I asked the aid about the english version docs, eventually Martins Priede (Chairman of the Board of Renesource) was so kind and took his valuable time to answer my inquiry and told me that they're initially targeting Russian,...
    Thanks for the answer...

    Yes I too had been about to open an account with them only last week but when was informed exactly what forms required to be filled out and sent into them via regular post well they were all in Latvian/Russian. So Friday I asked the agent I had been dealing with Renesource to send me a copy of those types in english and that he advised me, like you, that they only had them Latvian/Russian in the current time but they had been in process of translating them to English. He said he had been calling their attorneys to learn when which should be finished. However I believe I may just download the pdf documents from their website they require then upload them in to google translator and it'll interpret them satisfactorily enough for me to know them so I can then print the originals off in Latvian/Russian and fill them with English then send them into have account started. Moving to write them back today to ensure that is okay but I really don't see why it wouldn't be.

    They seem like a fine ECN/DMA broker and are EU regulated so I'm going to give them a try when can get the account approved and opened.

  3. #3
    Quote Originally Posted by ;
    Thanks for the reply...

    .. .However I believe I may just download the pdf documents from their english website they need then upload them into google translator and it will translate them satisfactorily enough for me to know them so I will then...
    Conditions of service is approx. 50 pages, will be nice to understand what it has before registering. Have you tried to translate it?

  4. #4
    Quote Originally Posted by ;
    Terms of service is approx. 50 pages, are nice to know what it's before signing it. Perhaps you have attempted to translate it?
    Yes only interpreted all of it, send me a email address in a PM and I will forward it to you, identical with the Individual Account Opening form. Their a bit cluttered but still quite readable.

  5. #5
    Quote Originally Posted by ;
    Yes only translated it all, send me a email address in a PM and I'll forward it to you, identical with the Personal Account Opening form. Their a bit messy but still readable.
    Thx, you are lucky , I've got the 1st few pages just. PM has been sent.

  6. #6
    Looks attractive. . .need to get more opinions before opening account

  7. #7
    Quote Originally Posted by ;
    Wondering if anybody is trading live forex/futures with Renesource Capital? If so what's your expertise? Http://www.renesource.com/en/
    Not yet, I eventually picked an other brokerage but I had been seriously considering them. But I have a kind of support experience with them.

    One of the biggest problem is that each of the arrangements and questionaries can be found in Russian and Latvian for today and it is not a simple process to start an account with them. When I asked the support relating to this and the english version docs, eventually Martins Priede (Chairman of the Board of Renesource) was kind and chose his valuable time to answer my query and explained that they are initially targeting Russian, CIS and Baltic customers foundation but it's in the practice of translation (as of January, 2011).

    So that they seems to be reliable and are nevertheless a good candidate for me, once they have the docs in english.

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