On paper, starting a trading career seems to be simple enough. You choose a broker from several options, select your preferred commodity, and begin trading. However, there have been a few dissatisfied traders who have had terrible experiences in previous years. This is usually attributed to a single blunder they committed at an unfortunate moment – hurrying to choose their broker.
This may seem to be a simple choice, but my suggestion is that you put much effort into research because it will save you a lot of money and time in the long run. As the online trading market has become highly profitable, many traders have begun to look for a quick payout. Today, I’m focusing on a young broker with almost limitless promise but a question mark hanging over its head. In this RosewoodTrust review, I’ll show you how trustworthy this broker is and whether you should consider using them.
Since evaluating several brokers, I’m looking forward to seeing the home page be as interesting as this one. The straightforward language is appealing and unlike anything I’ve seen in the industry. RosewoodTrust has set itself apart from its competitors. From both inside and out, which is evident as soon as you look at their services.
At RosewoodTrust, it’s easy to lose your focus in the marketing jargon, so I wanted to dig deeper to see if their material would back up their claims. I trust RosewoodTrust because it is user-friendly, and exploring the platform seems easy. Just a few navigations got me almost everywhere I needed to go. Of course, a decent trading platform would have a similar design, but I’ll get to that later. First, let me talk about my experience at RosewoodTrust.
You can skip the education section of the platform and go directly to the trading section if you choose. However, if you ever feel like your knowledge needs to be updated, or if you need to start learning about online trading from the ground up, RosewoodTrust has you covered. It provides a wide range of resources for those in need of quality training. Every bit of it has been divided into various sections for ease of use, and I could use it without registering, which is an additional plus point for many new traders. I’d like to see this instruction replicated across all trading platforms so that traders aren’t pushed to buy until they’ve mastered the basics.
I recommend starting with the Glossary and Asset Index for a good overview. Here I learned about the current trading terminology and saw what investments I could use to build a profitable portfolio. Nonetheless, the eBooks page provided me with the best training. I also re-evaluated my trading game by reading a variety of books. Overall, I don’t believe beginners should be concerned because they can master any technique and include new market investments. These books are written straightforwardly and have practical examples, so everyone can easily understand them.
If you decide to open an account, there will be much more educational content available to you, depending on your chosen account type. For example, business reviews are meant to help traders remain on top of the most current market trends. In addition, monthly webinars provide valuable information on specific trading angles and explain the variety of research techniques in detail.
In any case, be careful which account level you choose because not all of them include the previously mentioned features. The following is a summary of RosewoodTrust account types:
- Savings – With a low entry barrier of just $250, you will take advantage of flexible leverage (1:100), good spreads (1.5%), and market reviews.
- Passive Income – With a $5,000 base parity, you get a lot more, like much greater leverage (1:200), level 3 trade room research, risk control, and so on.
- Retirement – For this account type, the benefits increase over time. For just $20,000, you get monthly webinars, tight spreads (0.5 percent), and 1:300 leverage.
- Wealth Builder – It starts with a $100,000 deposit which comes with an extensive list of benefits. On the platform’s website, you can learn more about them.
Perhaps a seasoned trader can understand the actual value of a good support network. But, for a broker, finding problems or simple questions is inevitable, and getting a good team ready to respond is the make or break point for some.
In this industry, having the option to quickly send the message and make it hit the right people in a timely and successful manner is highly unlikely. Fortunately, RosewoodTrust appears to have spent a significant amount of time and money building a professional customer service team. There are a few ways to get in touch with the committee/service to resolve your query.
If I needed something resolved quickly, I always recommend calling them right away. You may contact one of the two teams, one in Australia and the other in the United Kingdom. I have had experience with both and received the same polished professionalism and politeness level. Regardless of what I threw at them, they had the expertise to handle it gracefully.
If you cannot speak with them directly due to various circumstances, you can contact them by email or the on-page form. Regardless of how complicated the issue was, I got a response within hours with the answer I needed.
Unlike most other RosewoodTrust features, payment methods are traditional. They essentially provide the brokers with standard options and don’t go beyond that. Credit cards, wire transfers, and Bitcoin transfers are the available options. I had the opportunity to choose one only. However, keeping in mind that the amount of time I spend waiting varies significantly on my preferred method. Although using credit cards or wire transfers is generally thought to be a more reliable method, the time is entirely dependent on your bank. Since I am usually eager to get my money, I opted for a Bitcoin transfer. I received my payout with few hours, which was terrific and increased my trust and satisfaction level with RosewoodTrust. If you want your money in your pocket fast, a Bitcoin transfer is a way to go.
It can take some time to get familiar with the RosewoodTrust trading platform, mainly if you spend most of your time on various platforms. The central concept behind this online solution is simplicity and time. Keeping it simple and thriving is a fantastic choice, particularly for volume brokers who focus on making fast portfolio changes. Please don’t get me wrong: there are already many tools on the platform you can use to improve and evaluate your trading strategy.
When I started performing transactions at RosewoodTrust, I was amazed by the quick response and how efficiently I couldcomplete my desired action. For example, when I choose my favorite asset, I monitored its success in real-time and used tools to find my optimal methodology.
There are a few different options to make navigation easier on the platform. For example, from inside the forum, I quickly accessed all my open and closed positions, deposit or remove money, change a portion of the settings, and even legitimately contact the supportive network where required.
Deposit, Withdrawal & Refund Policy
Transparency is something I value highly. I was surprised to see RosewoodTrust’s legal documents collection because it’s unusual to see a broker publish all-important paperwork on their platform these days.
On the inside, you’ll find all the pertinent information about commissions, discounts, and withdrawals. You have the luxury of paying for Credit Cards, Bank Wire, or Bitcoin Transfers when you open an account and expect to pay it off. Keep in mind that withdrawals are made in the same way that deposits are, so choose wisely.
The withdrawal procedure takes very little time. First, you must be signed into your trading account and go to the Client Area to select the withdrawals. After that, choose the form and number you want to use, and get your records ready for authentication. It’s as easy as that. Now you must wait for the clearance process to complete, after which the funds will be deposited into your account.
I should mention that the approval process takes a few business days, but this is primarily due to identity checking. This is a good thing because RosewoodTrust demonstrates that they have an eye on our assets to ensure that no suspicious activity occurs.
You must provide them with such paperwork when you wish to make a withdrawal. They will inform you what documents are needed and begin working on your request as soon as you submit them. The fact that this slows down the process a little, I have to say that I am happy they made this a part of their business. As a result, I was confident that RosewoodTrust is a dependable broker.
Since joining RosewoodTrust, I’ve been more enthusiastic about my investments. Their trading platform execution is what makes a difference for me. All is going smoothly. Each of my earnings has with commission rising, and all my sales have gone off without a hitch. I’ll admit that this is the first time I’ve been able to relax and invest a significant amount of money with a reputable broker.
As I neared the end of this RosewoodTrust review, I must confess that I was happily surprised by what I found, and I hope this review has explained it for you.
Disclaimer: This review is written from my own experience and my self-knowledge only, and this is not a recommendation