Online trading enthusiasts like the RCG market might be relatively newcomers to the industry. Yet, they have become a popular choice among thousands of others who deal in Cryptocurrencies, indices, commodities, forex, and indices. But in this age of volatility of markets, how safe is it to rely on it? And how authentic are the reviews that you see online? Let’s try to find out the Truth about RCG Markets: Review, Reliability, and Red Flags.
What Speaks of its Reliability?
Though established in 2018, this company already has a steady and encouraging track record. This year, it acquired $100 trillion in collective trading volume. To date, it has successfully executed more than 100 million trades. The platform also allows you to trade in various types of accounts, including Raw, Classic, Royal, and ECN. Each of the account types has its own share of features and benefits.
The Best Advantages
RCG markets give you a comprehensive and competitive spread for trading solutions. It also helps in commission and leverage. Also, a minimal deposit is required to open an account on this platform. So, there is no question of a hefty investment. It also allows you to trade both in MetaTrader 4 and MetaTrader 5 meta-trading platforms. Plus, the round-the-clock customer support in different locations around the world makes troubleshooting and doubt-clearing effortless.
Reviews Speak
It is a common practice to go through the reviews of any online service or product before considering them. And if you go by the different online review sites, then you can find the reviews to be quite encouraging. Recently, a user mentioned that he likes the step instruments and the spreads.
Also, the assigned broker is helpful and knowledgeable. Even the customer care is worth a mention. The team is quick to respond to queries. Also, the platform keeps on supplying useful materials that the customers can read to upgrade their proficiency, even if they have not traded for some time. Overall, the experience is positive for the clients, and trading is fast, safe, and easy for all. However, certain aspects, like the procedure for same-day withdrawals, might need some work.
Red Flags
Despite all the advantages, clients note that RCG Markets has a relatively small number of monetary instruments and markets. Also, it conducts limited research and offers fewer educational resources than that of many of its competitors. Also, since it has its regulatory framework not in the UK but in South Africa, it might not give the protection that the European platforms give.
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