RedstoneFX (Redstone FX) Review 2024
Minimum
deposit:
  • 1 USD

Trading platform:

  • MetaTrader4
  • Mobile platforms

RedstoneFX (Redstone FX) Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

Start Trading with IG Markets
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of RedstoneFX Trading Company

RedstoneFX is a partner of choice for numerous traders and investors globally thanks to its adherence to providing highly competitive trading conditions, multiple assets to trade, narrow spreads, fast order execution, expert analytical materials, and professional customer care service.

Geographic Distribution of RedstoneFX Traders

Popularity in

48%
IN
India
29%
TR
Turkey
20%
Others
Others

User Satisfaction i

4 comments
Total score:
3.5 /10

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ilenepe60
1 year ago

Most importantly, redstonefx does not pay out the money earned by the trader! I was personally convinced of this when I submitted a withdrawal request! I haven't seen any money for 6 months now. Don't mess with them, that's how they always work.

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Ashleylex
1 year ago

I had a trading account with RedstoneFX. I do not want to recommend this company, alas. The conditions there are not favorable. There are no advantages over other brokers, so I recommend looking for a better broker.

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ThomasVer
1 year ago

Unsuccessfully, I partnered with RedstoneFX. Very low quality platform. When you open a deal, it will appear in the terminal in 10 minutes. The price can be completely different by 30 points. So it is very unprofitable to trade.

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Josephsn
1 year ago

Today I discovered that the platform does not allow to open transactions. There is a message in the log - trading is prohibited. I can’t figure out what happened, because I can’t contact support, they simply ignore me. That's it!

Trading Conditions for RedstoneFX Users

RedstoneFX offers a transparent trading environment combined with superior service. The broker ensures the safety of customer funds and flawless trading experience. RedstoneFX offers a range of trading platform options. Here traders can be sure of 24/7 customer support. RedstoneFX offers customers individual approach and great opportunities that will suit the needs of beginners as well as skilled market participants. In addition, RedstoneFX is proud to provide expert analysis and reposts, the latest techniques, user-friendly trading platform and mobile apps, fast order execution, and a wide variety of trading tools.

RedstoneFX team sees customers as the top priority, so the company always sticks to its strict values.

1 USD

Minimum
deposit

1:1000

Leverage

💻 Trading platform: Metatrader4, Mobile Platforms
📊 Accounts: STD, PRO, ECN
💰 Account currency: USD
💵 Replenishment / Withdrawal: UnionPay, Wechat pay, Alipay and USDT
🚀 Minimum deposit: 1 USD
⚖️ Leverage: 1:1000
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: From 1,3 Pips
🔧 Instruments: Forex, Metals, Energy, Indices
💹 Margin Call / Stop Out: Stop out- 100%
🏛 Liquidity provider: no
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: No
⭐ Trading features: No
🎁 Contests and bonuses: Deposit Bonus up to $5000

Contacts

Foundation date 2017
Registration address P.O.Box 1823 Stoney Ground ,Kingstown,VC0100 St. Vincent&the Grenadines
Official site
Contacts
Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
RedstoneFX Review RedstoneFX Review

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FAQs

Why has RedstoneFX been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against RedstoneFX by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of RedstoneFX is down, not updated or operates with clear errors and some features are not available;
• RedstoneFX has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if RedstoneFX got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why RedstoneFX got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from RedstoneFX?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if RedstoneFX is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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