Rietumu Banka
About Rietumu Bank
A developed private bank in Latvia, providing a wide range of financial services, including brokerage services. Compliance with European Union legislation facilitates the bank’s operations and access to services in the Baltic countries.
Rietumu Bank offers trading opportunities in various assets on global exchanges, such as Forex, derivatives, precious metals, stocks, bonds, futures, oil, and options. Voice trading is also available.
Brokerage Service Advantages
- Legal operation and possession of the CRFC license.
- Instant order execution, ensuring the promptness of trading operations.
- Accessible minimum deposit of $1000.
- Scalping-friendly with no limits on order size and stop-loss distance.
RB Trader Station Trading Platform
RB Trader Station is a multifunctional platform that allows working with a full range of assets through a user-friendly interface. It can simultaneously support over 50 trading algorithms and user-defined orders.
An important feature of the platform is the ability to work with Portfolio Margin accounts, where margin requirements consider investment portfolio risks. This helps increase leverage and reduce financial risks.
The minimum deposit threshold for using RB Trader Station is $5,000, and there are mobile applications for user convenience.
Additional Features
For clients accustomed to trading on the Moscow Exchange, Rietumu Bank offers the QUIK trading terminal with access through mobile versions. The minimum deposit for using this system is $10,000.
To deposit and withdraw funds, it is necessary to open a current account at Rietumu Bank. Withdrawals are also possible only through the specified account, requiring additional steps for non-resident clients of Latvia.
Company Disadvantages
A complex identification system for clients not residing in Latvia reduces the convenience of using the bank’s services.
Restrictions on depositing and withdrawing funds through Rietumu Bank accounts may be inconvenient for some clients.