Broker ceased to exist

On-line since: 2013
Country of origin: British Virgin Islands
Regulation: -
Payment options: bank wire, credit cards, WebMoney
Minimum account size: $50
Minimum lot size: 0.01
Leverage: to 1:100
Spreads: variable, from 0.3 pips

About the company:

The broker oriented towards the Russian traders has been operating since 2013.

Company. Security of funds

Romanov Capital is a Russian unregulated Forex brokerage company based in Moscow. Despite the legal requirements, according to which Forex brokers operating in the country should be licensed by the Bank of Russia, unlicensed companies continue to operate and provide services to the Russian citizens through their foreign agencies.

According to the client agreement, Romanov Capital Ltd. is a parent company registered in the British Virgin Islands. This territory is one of the most famous offshore zones, and about half of the income is invested in licensing of offshore companies.

As with all offshore brokers, we advise customers to be more careful and avoid them whether they are regulated or not. The control over the activities of financial companies in these territories is very loose.

Trading terms

Romanov Capital offers only one type of real trade account, which is quite usual for small Russian Forex brokers. The minimum deposit size accounts for only $50, but the broker recommends a deposit of at least $10,000.

The broker offers to trade more than 40 major and exotic currency pairs. The company states that it conducts transactions based on the NDD/STP technology.

The minimum spread indicated on the website is 0.3 pips. Customers can use a leverage of up to 1:100, which is a low value in the industry. However, as the broker is unregulated, this can be considered an advantage.

The broker charges commission for trading – from $3 per a standard lot, as well as commission for inactivity – $25 per day from the 15th day.

Trading platform

Romanov Capital offers cTrader, a real ECN platform designed by Spotware.

The platform provides traders with a large number of benefits such as 14 timeframe charts, 30 technical indicators, trend lines, Fibonacci retracement, support and resistance levels, channels, market depth and others. ctrader is known for its good order execution and accurate quotes.

The broker also offers the Calgo platform, which is intended for work with trading robots. Traders can download, order, buy or sell, develop or adapt trading robots or advisors. It offers the opportunity of back-testing, integration with cTrader, and fast order execution.

Training and analytics

Customers can enjoy the comprehensible training section that provides informative article about Forex as well as seminars and workshops.

Support services

The broker has an office in Moscow. Traders can contact the company’s support center by telephone, email, and live chat.

Payment options

Romanov Capital accepts payment through bank wire, credit and debit cards, as well as WebMoney online payment system.

You can open accounts and trade only in USD.

Advantages:

• low minimum deposit.

Disadvantages:

• offshore broker;
• MetaTrader4 is not proposed;
• little choice of trading instruments.