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RannForex Review : The Best Low-Cost Broker in 2025 ?
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RannForex Review : The Best Low-Cost Broker in 2025 ?

RannForex is a forex broker specialising in ECN trading with highly competitive spreads, founded by Dmitry Rannev, a prominent figure in the trading community since 2003. This broker stands out for its low-cost business model and transparency.

Written by Maholy

Translated on April 24, 2025 at 15:42 by Maholy

"Rann Forex - Global Currency Exchange"
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What is RannForex ?

RannForex is a forex trading broker founded by Dmitry Rannev, a recognized figure in the trading community since 2003. This professional has built a solid reputation through his commitment to open dialogue with clients and his fight for transparent and fair forex trading.

The broker distinguishes itself through its “Low-Cost” business model which forms the core of its philosophy. Unlike many brokers that offer numerous ancillary services and features, RannForex has deliberately chosen to reduce its operational costs to a minimum. This minimalist approach allows it to offer exceptional trading conditions, including some of the lowest spreads in the market and optimal order execution.

Transparency is another core value of RannForex. The broker presents itself as a completely open project, where all essential information is accessible: from the broker’s creation, startup costs, and operational methods, to revenues and expenses. This total transparency policy is relatively rare in the online trading industry.

Who is RannForex broker intended for ?

RannForex is primarily designed for scalpers and algorithmic traders seeking optimal execution conditions and minimal transaction costs. The broker allows all trading tactics and offers, in addition to MetaTrader 5, FIX API and C++ API interfaces for advanced algorithmic trading. This extended technical offering is particularly appreciated by professional traders developing their own automated systems.

RanForex Logo

Thanks to its proprietary AMTS software (Advanced Market Trading System), RannForex offers high-quality aggregated liquidity which it provides to clients at cost price. This technology not only optimizes order execution but also positions RannForex as a liquidity provider for other brokers, thereby strengthening its credibility in the financial ecosystem.

RannForex broker features

RannForex offers a range of targeted features, specifically designed to meet the needs of professional traders and scalpers. Unlike other brokers that multiply ancillary services, RannForex focuses on the essentials: offering optimal trading conditions and flawless execution.

ECN Trading with minimal spreads

RannForex’s flagship feature is its ECN access (Electronic Communication Network) which allows traders to access the interbank market directly. This technology guarantees complete price transparency and eliminates potential conflicts of interest between the broker and its clients. The spreads offered are among the most competitive in the market, with for example an average spread of only 0.1 pip on EUR/USD, which is exceptional even compared to industry leaders.

The spreads table available on RannForex’s official website shows extremely competitive values across all major currency pairs :

  • EUR/USD : average spread of 0.1 to 0.2 pip
  • GBP/USD : average spread of 0.3 to 0.4 pip
  • USD/JPY : average spread of 0.2 to 0.3 pip

100% A-Book model and AMTS software

RannForex operates on a 100% A-Book model, which means it has no conflict of interest with its clients. Unlike the B-Book model where the broker takes the opposite side of client positions (and thus profits from their losses), the A-Book model transmits orders directly to the interbank market, aligning the broker’s interests with those of its clients.

Thanks to its proprietary AMTS software (Advanced Market Trading System), RannForex offers high-quality aggregated liquidity which it provides to clients at cost price. This technology not only optimizes order execution but also positions RannForex as a liquidity provider for other brokers, reinforcing its credibility in the financial ecosystem.

Optimal order execution

RannForex has developed a robust technical infrastructure allowing ultra-fast order execution. This feature is particularly appreciated by scalpers and high-frequency traders who depend on instant execution for their strategy. Under normal market conditions, the broker guarantees execution without requotes or delays, a considerable advantage for technical traders.

Protection against stop order slippage

A feature particularly highlighted by RannForex is its trading configuration service that offers 100% protection against stop order slippage. This protection is crucial for traders who use strict risk management strategies. Moreover, when using limit orders, slippage is positive, meaning orders are executed at a price equal to or better than requested.

Advanced APIs for algorithmic trading

RannForex specifically caters to scalpers and algorithmic traders by offering, in addition to MetaTrader 5, FIX API and C++ API interfaces for advanced algorithmic trading. This extended technical offering is particularly appreciated by professional traders developing their own automated systems. The broker allows all trading tactics, with no restrictions on strategies or methods employed.

Trading platform

In terms of platforms, RannForex offers an industry standard: MetaTrader 5. This robust and proven platform provides all the necessary tools for technical analysis and order execution. It is available on computers (Windows, Mac) and mobile devices (iOS, Android), allowing traders to monitor their positions on the go.

PAMM service

RannForex also offers a PAMM service (Percent Allocation Management Module) that allows investors to entrust the management of their funds to experienced traders. This copy trading system enables beginners to benefit from professional expertise while maintaining control over their investments.

In summary, RannForex’s features are clearly oriented toward experienced traders who prioritize execution conditions and low transaction costs rather than ancillary services. This minimalist but effective approach perfectly aligns with the broker’s “low-cost” philosophy.

Available assets on RannForex

RannForex positions itself as a broker specializing in forex trading, with a targeted but comprehensive offering of financial instruments for traders focusing on currency markets.

Available currency pairs (forex)

The core of RannForex’s offering consists of a comprehensive selection of currency pairs. According to data available on their official website, the broker provides access to more than 40 currency pairs, covering :

  • Major pairs like EUR/USD, GBP/USD, USD/JPY, USD/CHF, which benefit from the tightest spreads (from 0.1 pip on EUR/USD)
  • Minor pairs like EUR/GBP, EUR/CHF, GBP/JPY
  • Exotic pairs involving currencies such as the Canadian dollar (CAD), Australian dollar (AUD), New Zealand dollar (NZD)
  • Some emerging pairs including currencies like the Polish zloty (PLN), Norwegian krone (NOK) or Swedish krona (SEK)

This range of currency pairs is particularly suited to scalpers and day traders looking for liquid markets with competitive spreads.

Other financial instruments

Unlike some brokers that diversify their offerings with numerous instruments, RannForex remains true to its specialization and offers a limited range of financial instruments outside of forex :

  • CFDs on indices : Access to major global stock indices such as the S&P 500, NASDAQ, DAX or FTSE 100
  • CFDs on commodities : Trading on gold, silver and certain basic commodities

It’s important to note that RannForex does not offer :

  • Trading on individual stocks
  • Trading on cryptocurrencies
  • ETFs or investment funds
  • Bonds or other interest rate products

Comparison with competitors’ offerings

In comparison with brokers like IC Markets, Pepperstone or Exness, RannForex’s instrument offering is more limited:

  • IC Markets offers more than 3500 financial instruments, including stocks, cryptocurrencies and an extensive range of CFDs
  • Pepperstone offers approximately 1700 instruments, with diversification into stocks and cryptocurrencies
  • Exness also offers a wider range of instruments, including cryptocurrencies and stocks

This difference is explained by RannForex’s “Low-Cost” business model, which favors specialization and excellence in a specific area (forex) rather than diversification.

Advantages and disadvantages of RannForex broker

Like any forex broker, RannForex has strengths and weaknesses that should be analyzed in detail to determine if it matches your specific needs as a trader.

advantages of RannForex Broker

Advantages

Let’s first look at the broker’s advantages.

Extremely competitive spreads

One of RannForex’s main strengths lies in its ultra-tight spreads. With average values of 0.1 to 0.2 pip on EUR/USD, the broker positions itself among the most competitive in the market. These minimal spreads are particularly advantageous for scalpers and high-frequency traders, for whom every fraction of a pip counts in the profitability of operations.

100% A-Book model without conflict of interest

RannForex operates on a 100% A-Book model, which means it has no conflict of interest with its clients. Orders are transmitted directly to the interbank market, aligning the broker’s interests with those of its clients.

Fast and reliable order execution

RannForex has developed a robust technical infrastructure allowing near-instantaneous order execution. This feature is crucial for short-term trading strategies that require maximum precision. User testimonials generally confirm the quality of execution, with frequent mentions of the absence of requotes under normal market conditions.

Protection against negative slippage

The broker offers a trading configuration service providing 100% protection against stop order slippage. This feature is particularly appreciated by traders who use strict risk management strategies.

Advanced APIs for algorithmic trading

RannForex offers FIX API and C++ API interfaces for advanced algorithmic trading, in addition to MetaTrader 5. The broker allows all trading tactics, with no restrictions on strategies or methods employed.

Business model transparency

RannForex distinguishes itself through its total transparency, a rare value in the online trading industry. The broker communicates openly about its business model, operational costs, and even its revenues.

Disadvantages

Now let’s look at the disadvantages of RannForex.

Limited services (low-cost model)

The counterpart of RannForex’s “Low-Cost” business model is a restricted range of services. Unlike other brokers that offer educational tools, trading signals, or 24/7 customer support, RannForex focuses solely on the essentials.

Limited payment methods

RannForex offers a restricted number of deposit and withdrawal options. Additionally, some users have reported on Trustpilot occasional difficulties withdrawing their funds, although these testimonials are balanced by other positive reviews.

Absence of certain features present at competitors

The broker does not offer certain features found at its competitors, such as an extended range of instruments (no cryptocurrencies, few stocks) or educational tools for beginners.

Regulation and licenses

One point that raises questions concerns RannForex’s regulation. Unlike brokers such as IC Markets or Pepperstone which hold multiple licenses from recognized financial authorities, information about RannForex’s regulation is less transparent.

RannForex fees and commissions

In the world of forex trading, fees and commissions can have a significant impact on the profitability of operations, particularly for scalpers and high-frequency traders. RannForex, true to its “Low-Cost” business model, offers a competitive yet transparent fee structure.

fees and commissions of RannForex

Trading fee structure

RannForex adopts a simple approach regarding its trading fees. The broker primarily offers an ECN model with very tight variable spreads, to which fixed commissions are added per lot traded. This structure is particularly advantageous for active traders who prioritize cost predictability.

Spreads on major currency pairs

One of RannForex’s main strengths lies in its ultra-competitive spreads. According to data available on the broker’s official website, average spreads on major currency pairs are exceptionally low :

  • EUR/USD : average spread of 0.1 to 0.2 pip
  • GBP/USD : average spread of 0.3 to 0.4 pip
  • USD/JPY : average spread of 0.2 to 0.3 pip
  • EUR/JPY : average spread of 0.3 to 0.6 pip
  • USD/CHF : average spread of 0.4 to 0.6 pip

These values place RannForex among the most competitive brokers in the market in terms of spreads, which is particularly advantageous for scalping strategies where every fraction of a pip counts.

Trading commissions

In addition to spreads, RannForex applies fixed commissions per standard lot traded (100,000 units of the base currency). These commissions start at $4 per standard round-trip lot, which is in the lower average of the market for an ECN broker.

It’s important to note that the total trading cost must take into account both the spread and the commission. Even adding these commissions, RannForex remains very competitive with a total cost of about 0.7 to 0.9 pip on EUR/USD for a round trip, which is lower than many competitors.

Deposit and withdrawal fees

In line with its “Low-Cost” philosophy, RannForex does not subsidize payment fees. This means that deposit and withdrawal fees depend mainly on the payment service providers used. The broker does not charge additional fees on its side, but also does not cover the fees of providers.

Available payment methods typically include :

  • Bank transfers : variable fees depending on banks
  • Credit/debit cards : generally free for deposits, but fees may apply for withdrawals
  • Electronic wallets : variable fees depending on the provider

Comparative table with IC Markets, Pepperstone and Exness

To better position RannForex relative to its competitors, here is a comparative table of fees and commissions with three major brokers in the sector :

CritèreRannForexIC MarketsPepperstoneExness
Spread moyen EUR/USD0.1 – 0.2 pip0.02 – 0.1 pip0.1 – 0.3 pip0.0 – 0.3 pip
Commission par lot standard (A/R)À partir de $4$6 – $7$7 – $8$3.5 – $8
Coût total EUR/USD (spread + commission)0.7 – 0.9 pip0.62 – 0.8 pip0.8 – 1.1 pip0.35 – 1.1 pip
Dépôt minimum$0$200$0Variable
Frais de dépôtSelon le prestataireGratuitGratuitGratuit
Frais de retraitSelon le prestataireVariablesVariablesVariables
Frais d’inactivitéAucunAucunAucunAucun
Score de confianceN/A84 / 9995 / 9984 / 99

This table shows that RannForex positions itself very competitively in terms of trading costs, with spreads and commissions comparable to or lower than those of market leaders.

How to create an account on RannForex ?

Opening an account with RannForex follows a standard process in 5 steps: access the official website, click on “Open an account”, fill out the form with your personal information, accept the terms of use and confirm your email via the activation link received.

For KYC verification, you will need to provide a valid ID (passport, identity card or driver’s license) and a recent proof of address (bill, bank statement). Once verified, you can make a deposit via bank transfer, credit card or electronic wallets depending on availability.

After depositing, download and install MetaTrader 4 or 5, log in with your credentials and customize your trading environment. As RannForex specializes in serving scalpers and algo-traders, take advantage of its specific strengths: tight spreads, protection against slippage and API access for algorithmic trading.

User reviews of RannForex

User feedback on RannForex, although limited in number, highlights a generally positive experience for those seeking professional trading conditions. Among the most frequently highlighted aspects: competitive spreads, fast order execution, protection against negative slippage and smooth withdrawals.

RannForex reviews

Note that the experience varies considerably depending on the trader’s profile, with the more experienced generally being more satisfied.

Our review of RannForex : a reliable broker in 2025 ?

RannForex excels in its niche as a specialized broker for experienced traders, offering ultra-competitive spreads and rapid order execution. Its 100% A-Book model eliminates any conflict of interest with its clients, while its AMTS software provides high-quality aggregated liquidity at cost price.

The broker specifically targets scalpers and algo-traders, allowing all trading tactics and offering, besides MT5, FIX and C++ APIs for algorithmic trading. This specialization makes it a relevant choice for technical traders seeking optimal execution conditions.

As with any broker, it is essential to verify the regulatory framework in which it operates. This ensures it meets your own criteria for security and compliance.

Maholy

Maholy

Caméléon de la rédaction et experte SEO, Maholy Ny Voary a découvert le monde des cryptomonnaies et du Web3 en 2021. Constamment à l’affût des nouveautés, elle continue de se former pour créer des contenus engageants qui aident véritablement les internautes.

FAQ about the RannForex Broker

Is RannForex a Regulated Broker ?

RannForex’s regulation is less transparent compared to competitors like IC Markets or Pepperstone. Before opening an account, contact their customer service for precise information about their current regulatory status.

What is the Minimum Deposit to Open an Account with RannForex ?

There is no minimum deposit required to make a deposit on RannForex.

Does RannForex Offer Cryptocurrency Trading ?

No, RannForex primarily focuses on forex and offers a limited number of CFDs on indices and commodities. For cryptocurrency trading, consider IC Markets or Exness instead.

What are the Average Spreads Offered by RannForex ?

RannForex offers highly competitive spreads: around 0.1-0.2 pips on EUR/USD, 0.3-0.4 pips on GBP/USD, and 0.2-0.3 pips on USD/JPY, positioning itself among the most favorable brokers in the market.

What are the Average Spreads Offered by RannForex ?

Customer service is primarily available via email and contact form through their official website. In line with its “Low-Cost” model, the broker typically does not offer 24/7 phone support or live chat.

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