If you need a broker that offers a variety of trading assets, RosewoodTrust might be the right choice for you. As they say, you can choose between CFDs, Crypto Pairs, Commodities and Currencies. All of those are major assets so I am pleased to see they have to offer the best things for their clients. After all, they are established long ago, in 1986 so they have a lot of experience in this field.
This broker gives you the freedom to choose assets all by yourself, but if you are unsure about your choices, there is a possibility to consult with them. I have to say, all of this makes them a perfect choice for traders, but if we want to be sure their claims are correct, we have to go through each segment they offer. That said, this RosewoodTrust review will contain every detail about this broker and at the end, we will know for sure if RosewoodTrust is a good choice for traders.
First things first, their website looks good. It is simple and neat and you have everything that is important. I won’t go through details about the design since each of us has different tastes. Instead, I will go straight to Account Types.
In their offer, you will find several account types. This means they made something for every preference and budget. You can choose the smallest account if you do not want to deposit a lot at the beginning, and later on, you can switch to a bigger one. Each account offers different things, but in general, the leverage they offer is great and flexible, no matter the account type. Aside from good leverage, they offer webinars and market reviews. So, if you are unsure what account to choose, contact their customer support and they will give you an in-depth explanation about each account. This way you will know for sure which one is perfect for you.
Platform and Execution SCORE: 80%
The most important thing for every trader is an optimised trading platform. I could list you at least ten reasons in one minute about the importance of the platform, but let’s just say it is a place where you do everything, opening, closing and managing market positions. So, it needs to be well-designed, simple, easy to use and most importantly, optimised for every device.
The best platform is the one that can be used by beginners but also by professionals too. It needs to have the perfect balance of trading tools and simplicity. Sometimes, it’s hard for brokers to make that balance, so they add numerous things to the platform and as an end result, it just gets slow.
The RosewoodTrust team found the perfect solution for that. They implemented every important tool, but they kept it simple and easy to use. There is nothing that can slow it down, so you can trade without interruptions and make fast transactions. Aside from that, you have the ability to trade wherever you want. They optimised it for mobile and smartphone devices, so you can trade from any place on a real-time basis.
Once you enter the platform, you will see how easy it is to manage through it. So, if you are a beginner, no need to worry, you will be able to trade without any help instantly.
Withdrawal Speed SCORE: 80%
This broker offers you different withdrawal methods. You can choose the one that suits you the most, but keep in mind that it has to be the same you used for the deposit. That said, when you open an account and start deciding about a deposit method, look at withdrawal policy as well, just in case.
The withdrawal process does not require a lot of time. You need to be logged in to your trading account and choose the withdrawals in the Client Area. After that, pick the desired method and the amount and prepare documents for verification. Simple as that. Now you have to wait for the approval process, and once they approve your request, the money will be on your account.
I have to mention one thing, the approval process lasts a few business days but the main reason for that is identity verification. This is an excellent thing since RosewoodTrust shows us they keep an eye on our funds so that none fraudulent activity can happen.
When you decide to make a withdrawal, you have to provide them with certain documents. They will tell you what papers are required and as soon as you send them, they will start working on your request. Although this slows down the process for a little bit, I have to tell you I am glad they implemented this as part of their business. This way we know RosewoodTrust is a legitimate broker.
Support and Assistance SCORE: 85%
What RosewoodTrust showed us so far is that they know how to do business. But, oftentimes customer support and assistance is the part where brokers fail. Not everyone understands the importance of good support, so they provide just a phone number and it becomes a lottery if you will receive an answer or not.
Well, with RosewoodTrust things are different. They have numerous ways of contact, and you can choose the one that suits you the most. Personally, I would recommend Live Chat, since that is the method I tested out.
I reach out to them, asking a simple question. They answered within minutes, giving me a proper reply in the most polite way. Another way for contact is email or online form on their website. Whatever you choose, you will receive an answer in the shortest time possible.
Lastly, there is a phone number, so if you are not a big fan of chatting, you can call them and try to solve any potential problem that way.
From my experience, their customer service is great. They are at the client’s disposal all the time, and if anything unexpected happens, you can contact them and solve the problem quickly.
Education and Tools SCORE: 95%
Usually, we relate education with beginners. If something is completely new, you will find learning material to improve your knowledge, and once you learn everything, that’s it. But things are different in Forex. It doesn’t matter how much you already know, there are things you still need to learn. In trading, education is a never-ending thing that improves your skills and makes you better.
That said, in this RosewoodTrust review, we will dedicate time to see whether they work on their Education Center or not, since that can tell us a lot about their professionalism. The first thing they offer is Glossary. If you are not sure what Gross Domestic Products or Margin Fall mean, you can take a look there, without leaving the website.
Besides that, we have Frequently Asked Questions. Although this seems unnecessary oftentimes, it is a good thing to have. If you have questions about accounts, platforms or withdrawals, for example, instead of sending a message, you can check in the FAQ. Oftentimes, answers are already provided.
For the end, the cherry on the cake — eBook section. I was looking forward to seeing whether they prepared this part. Honestly, I expected a lot since it is clear we are dealing with professionals. And my expectations were fulfilled. They offer a lot of useful material and books. If you are just starting with Forex, there are books about CFDs, Crypto Pairs, Market Order, etc. If not, you can dive into more complex things like Market Analysis, Advanced Strategies, Capital Management.
All of this tells us one thing, RosewoodTrust is a legitimate broker. They are here to make your trading experience excellent, but aside from that, they want you to learn. As a matter of fact, learning is the only thing that can help you grow your trading portfolio and gain new skills, so I appreciate this broker thinking about that part.
Should You Choose RosewoodTrust as Your Broker?
Absolutely. RosewoodTrust is truly a legitimate broker. They are making sure that your money and personal information is safe at all times.
My experience with this broker was excellent, so I can freely recommend them to everyone who is looking to expand their trading portfolio. It doesn’t matter if you are a beginner or an experienced trader as the website, platform and tools are user friendly and will boost any trader’s experience.