Summary
RCG Markets is a forex and CFD broker that positions itself as a provider of direct market access, competitive trading conditions, and a diverse range of trading instruments. While the company is headquartered and regulated in South Africa, it extends its services to various African countries and global markets. IRegulated
Meta Trading Softwares Used
MT4, MT5Overall Rating
2.3/5Reviews
2/5
In the last couple of days ,After some profitable trading I wanted to make a withdrawal so they said i need to upload and verify my legal documents but when i do so the say i should try again the was a problem it doesn't want me to upload my documents and i can't make my withdrawal.I wrote an email to their support team i haven't received any feedback even today.I really have a bad experience with this broker
1/5
It's difficult to approve the docs, they ask for it to be stamped and a lot of requirements than other brokers. When you live in Mozambique, a broker based in the neighboring country has a lot of requirements for you to have access to their services, while there are brokers in Australia far away that facilitate and approve the documents, allowing you to make deposits and withdrawals normally without these requirements.
1/5
First dosent have online support,when you make a deposit will take long time to reflect in your account and until today I didn't receive my withdrawal and I have all screenshot of email, Instagram messages and WhatsApp I can prove, this dosent diverse to be called broker.
1/5
I've never seen a broker with the worst trading experience like RCG Markets. Execution is never accurate. which contributes to losses and there is a hidden commission when closing profitable trades you get less balance than you bargained for.
1.3/5
Rcg scammed me today on 14/08/24 I placed 0.02 lot size on USDZAR about 15 trades and the market went in my favor,and even in my trading view account the market dropped but my trades never went into profit in fact I got stopped out they only left 5 trades running but they are not in profit yet the market is still dropping on trading.Worst Broker Ever Period! Beware of these shady brokers guys.
4/5
Its reliable n safe, its interface is more user friendly and workable.
1/5
A big scam broker blowing accounts of traders by executing trades without their permission
1/5
Deposit delay
3.6/5
Very Good platform i am happy and thankyou you so like
1/5
ISSUES NOT SOLVED
1.2/5
My experience with this broker has been OK, not much guidance given , spreads are very neutral, overall service has been mediocre
4/5
GOOD EXPERIENCE APP IS FAST TRADING
2.3/5
i made withdraw and still not credited my bank. Already past a month. Opened ticked and asked customer
3.4/5
Simple, fast, powerful
3/5
I can't withdraw my funds , its like it all scamming procedures...my withdraw code does not come to my phone .
4.1/5
Very good experience in trading
2.3/5
Do not deposit large amounts of money into the broker, unless this problem is finally resolved by the broker.
1/5
CUSTOMER SERVICE ARE VERY VERY BAD,
1.7/5
To be honest they try but they are trying to also steal peoples money too be careful about them they are also good but be vigilant
1/5
Worst customer service experience