BrokAIr Reviews

Rfxt Lebanon Review

"Rfxt Lebanon has managed to become one of the most popular online brokerages in the Middle East in a very short amount of time - but is it too good to be true?"

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Rfxt Lebanon Overview

Rfxt Lebanon is a leading online brokerage based in Beirut, Lebanon. Founded in 2018, the company has quickly become one of the most popular and trusted brokerages in the region. It provides a wide range of services, including currency trading, CFDs, indices, stocks, commodities and more. The company is regulated by the Capital Markets Authority of Lebanon (CMA) and is a member of the Financial Services Board (FSB). Rfxt Lebanon has become renowned for its customer service, which is both friendly and professional. The company also offers a range of tools and resources to help traders make informed decisions. These include an extensive education center with tutorials and webinars, as well as market news and analysis. The broker also offers competitive pricing and fees, with tight spreads on major currency pairs. It also offers low deposit requirements and a range of payment methods.

Pros & Cons of Rfxt Lebanon

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Founders & Public Opinion

Rfxt Lebanon was founded by CEO Amine Maalouf. Prior to establishing the company, he worked for many years in the banking sector in Lebanon. He has also held several senior positions in the financial sector. Thanks to his experience, Maalouf was able to create an efficient and reliable brokerage that can serve clients from all over the world. Since its launch, Rfxt Lebanon has been well-received by traders in the region. Many have praised the company’s customer service, fees and trading tools. However, there have been some complaints about its limited account types and lack of MetaTrader 4 support.

Newsworthy Events

In June 2020, Rfxt Lebanon announced it had partnered with German social trading platform eToro. This partnership enabled Rfxt Lebanon customers to access eToro’s CopyTrader feature, allowing them to copy successful traders’ strategies with a click of a button. In October 2020, Rfxt Lebanon became one of the first brokerages in the world to be certified by the Islamic Financial Services Board (IFSB). This certification means that Rfxt Lebanon’s services are now compliant with Islamic law (Sharia Law), making it easier for Muslims to use their platform.