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RCG MARKETS Review, Forex Broker & Trading Markets, Legit or a Scam

Score

4.3/5

Min Deposit

R50

Min Spread

1.5 pips

Regulation

FSCA

Max Leverage

Leverage

Live chat, phone, WhatsApp, email
Positive Ratings
80%
Neutral Ratings
9%
Negative Ratings
5%

Introduction RCG Markets Review

RCG Market is a globally known trading platform. It offers financial services like forex, commodities, shares, indices, and crypto. The platform is made by complying with advanced trading tools and a user-friendly interface that improves the trading experience.

RCG Markets Review

This RCG Market review consults the features of the platform, along with trading instruments, security measures, account types, deposits, withdrawals, and customer support.

Broker RCG Markets
Website https://www.rcgmarkets.com/
Regulatory agency FSCA
Trading Platform Webtrader
Provision of Demo Account Yes
Minimum deposit R50
Customer Support 24/5(support@rcgmarkets.com, complaints@rcgmarkets.com, finance@rcgmarkets.com)

RCG Market Overview

RCG MARKETS Review offers traders multiple financial instruments focusing mainly on forex trading. The platform ensures that it caters to traders of different experience levels. At RCG market you get access to multiple account types, trading tools, and educational resources. The platform is made to keep a user-centric approach in mind. You get competitive spreads on the platform making it an attractive choice for traders. RCG Markets also provides you with various other features that include:

Trading Instruments

At RCG Markets, you get a variety of trading instruments including forex, crypto, shares, indices, and commodities. Forex traders get access to minor, major, and exotic currency pairs. Traders can trade in multiple commodities like silver, gold, and oil. You also get to trade in leading digital currencies and diversify your portfolio.

Introduction

RCG Market is a globally known trading platform. It offers financial services like forex, commodities, shares, indices, and crypto. The platform is made by complying with advanced trading tools and a user-friendly interface that improves the trading experience.

This RCG Market review consults the features of the platform, along with trading instruments, security measures, account types, deposits, withdrawals, and customer support.

Broker RCG Markets
Website https://www.rcgmarkets.com/
Regulatory agency FSCA
Trading Platform Webtrader
Provision of Demo Account Yes
Minimum deposit R50
Customer Support 24/5(support@rcgmarkets.com, complaints@rcgmarkets.com, finance@rcgmarkets.com)

RCG Market Overview

RCG market offers traders multiple financial instruments focusing mainly on forex trading. The platform ensures that it caters to traders of different experience levels. At RCG market you get access to multiple account types, trading tools, and educational resources. The platform is made to keep a user-centric approach in mind. You get competitive spreads on the platform making it an attractive choice for traders. RCG MARKETS Review also provides you with various other features that include:

Trading Instruments

At RCG Markets, you get a variety of trading instruments including forex, crypto, shares, indices, and commodities. Forex traders get access to minor, major, and exotic currency pairs. Traders can trade in multiple commodities like silver, gold, and oil. You also get to trade in leading digital currencies and diversify your portfolio.

Deposits and Withdrawals

Deposits and withdrawals are easy to do at RCG Markets. You get multiple options like credit cards, debit cards, bank transfers, and e-wallets. The minimum deposit in an RCG account is R50.

The withdrawal process at RCG highly depends on the type of payment method. The withdrawal can take less than 24 hours and a maximum of 3-4 business days. For any withdrawal, the minimum amount is R100. The withdrawal is done with proper verifications and there can be additional fees while initiating the withdrawal.

Account Types

For beginners to experienced traders, RCG Markets has 4 different types of accounts. These accounts are made to meet the needs of traders with different experience levels. These include:

RCG Classic Account

The classic account is effective for beginner-level traders who are just starting their trading journey. Traders get different trading styles like scalping and hedging. The classic account traders get the maximum leverage of 1:2000. You get tight spreads of 1.5 pips with no commissions.

RCG Raw

The Raw accounts at the RCG market are perfect for traders who are learning and trading at the same time. Traders get access to various trading instruments and trading styles. Also, they get access to educational resources that improve their skills. 1:500 is the maximum leverage you get with varying spreads starting from 0.0 pips.

RCG ECN Account

The RCG ECN accounts are perfect for experienced traders. ECN account holders get maximum leverage of 1:1000 and changing spreads from 0.0 pips. These account users get a minimum trade size of 0.01 lot and a commission of $7 per lot.

RCG Royal 100

The RCG Royal 100 is a type of account perfect for highly experienced and full-time traders. These account holders get access to various trading instruments like charts and market indicators. Traders also get ranging spreads from 1.5 pips and a commission of $7 per lot.

RCG MARKETS Review also has a provision of demo accounts. The demo accounts allow traders to test their trading strategies and get familiar with the platform. These demo accounts help in trading without investing any real capital which makes it easier to learn trading without risks.

Customer Support

A knowledgeable team of customer support is an important aspect of any trading platform. RCG Market provides its traders with effective communication channels including live chats, emails (support@rcgmarkets.com, complaints@rcgmarkets.com, finance@rcgmarkets.com), and calls (+27 (10) 007 5974). The RCG Trading platform also has an option to connect via WhatsApp at +27 82 401 6338. 

The support team helps traders with any queries regarding trades or resolves any issues faced by you. 

Is RCG Markets legit or a Scam?

This RCG MArket review acts as a determining factor for whether the platform is legit or a scam. The Trading platform is a regulated broker and complies with strict financial standards. RCG Markets has transparent policies for withdrawal and fees and security measures that indicate the legitimacy of the platform. 

However, potential clients should understand the platforms by creating demo accounts to avoid any scams. 

Conclusion

RCG Markets is a widely known forex broker providing a range of account types and trading instruments that help traders with different experience levels. The platform offers efficient customer support and various factors that make trading a seamless experience. 

Lastly, RCG Markets is a broker platform that makes trading a seamless experience for everyone from beginner to pro.  

RCG Markets is registered under the Financial Sector Conduct Authority which ensures the protection of personal and financial data. The platform also provides a nondisclosure option that allows you to choose what information to share with third parties. 

RCG Markets is authorized and regulated by Financial Services Provider with FSCA. The regulations give a platform with an added level of security and maintain the industry standards for the fair treatment of clients. 

This RCG MArket review acts as a determining factor for whether the platform is legit or a scam. The Trading platform is a regulated broker and complies with strict financial standards. RCG Markets has transparent policies for withdrawal and fees and security measures that indicate the legitimacy of the platform. 

However, potential clients should understand the platforms by creating demo accounts to avoid any scams. 

FAQs

What is RCG Markets?

RCG market is a trading platform offering trades in forex, commodities, shares, cryptocurrencies, and indices. The platform is user-friendly which makes it simple to access.

What trading platform do RCG Markets offer?

RCG Trading platform is a web trading platform that uses MT4 technology for seamless trades.

How can I deposit and withdraw funds with RCG Markets?

You get multiple payment options like bank transfers, credit/debit cards, and e-transfers for depositing and withdrawing funds.

What types of accounts are available at RCG Markets?

There are four different types of accounts that you get on the RCG market including RCG Classic Account, RCG Raw, RCG ECN Account, and RCG Royal 100. These accounts meet the needs of different traders depending on their experience and investments.

Are RCG Markets regulated?

The RCG Market is regulated by the FSCA (Financial Sector Conduct Authority), which makes the platform reliable and trustworthy.

What are the fees and commissions at RCG Markets?

There are no specified fees and commissions at RCG markets but commissions are involved in spreads depending on the account types.

It has a minimum deposit fee of R50 for every account type.

Is my money safe with RCG Markets?

The platform maintains strong security measures based on industry standards. It protects the trader’s personal and financial information from third parties.

How do I contact RCG Markets customer support?

To contact the RCG market customer support you can use live chats, emails (support@rcgmarkets.com, complaints@rcgmarkets.com, finance@rcgmarkets.com), and phone calls (+27 (10) 007 5974).

Is RCG Markets suitable for beginners?

The RCG market broker offers multiple educational resources in the form of articles and videos that make it perfect for beginners.

Can I trust RCG Markets?

RCG Markets is a reputed and regulated broker platform. It follows industry-standard security measures that make it a trustworthy choice for traders.

Trusted Score

4.3/5

Trusted Score

4.1/5

Trusted Score

4.2/5

Trusted Score

4.5/5

Trusted Score

4.8/5