Renesource Capital
About Renesource Capital
Renesource Capital is one of the leading investment brokerage centers in the Baltic countries. Founded as a private entity, the company is not subordinate to banks or holdings. Renesource Capital became the first company in Latvia to obtain a license for investment brokerage activities in 1999, complying with the requirements of the European Union.
The company provides broad access to key financial instruments such as:
- Forex
- stocks
- CFDs
- bonds
- futures
- OTC
Renesource Capital offers a choice of several popular trading platforms and the ability to conduct voice trades on any market.
Deposits and Withdrawals
The only way to conduct financial transactions is via bank transfer. The company’s website lists correspondent banks and their commissions.
To open an account, documents must be provided and approval awaited. Note: funds can only be deposited from accounts specified during the account opening process. Withdrawals can also only be made to the specified accounts.
Advantages of Renesource Capital
- License from the Latvian Financial and Capital Market Commission.
- Adherence to high European Union standards.
- Wide selection of platforms and financial instruments.
- Ability to order additional investment services without imposition.
- Non-residents can submit a document package for account opening by mail.
- Document flow is available in Latvian, English, and Russian languages.
Disadvantages
- For residents of other countries, bureaucracy may seem excessive.
- Lack of the ability to use e-wallets and payment systems, all transactions are carried out only through bank transfers.