RCG MARKETS

RCG Markets is a forex broker that was registered in South Africa in 2018, with its headquarters in Johannesburg. This broker primarily offers users trading services in financial derivatives such as forex, indices, stock CFDs, commodities, and energy. The broker does not provide these services to the United States.

Corporate Background

RCG Markets is a broker that offers trading services in forex, indices, stock CFDs, commodities, and energy, registered under the entity RCG MARKETS (PTY) LTD, with its headquarters in South Africa. According to information obtained from a Whois search, the official website domain name of RCG Markets was registered on March 24, 2021.

Regulatory Information

RCG Markets is a regulated forex broker, overseen by the Financial Sector Conduct Authority (FSCA) of South Africa and holds a regulatory license, with the license number being 49769.

Trading Products

RCG Markets offers a variety of trading products, including forex, indices, stock CFDs, commodities, and energy.

1. Forex: The modern forex market began in the early 1970s when currencies were allowed to float freely. Forex, short for foreign exchange, is a market where one currency can be exchanged for another.
2. Indices: Indices are indicators that measure the performance of a group of stocks and can be traded as a single tradable instrument.
3. Stock CFDs: Stock CFD trading allows traders to establish long and short positions, thereby profiting from price rises or falls respectively.
4. Commodities and Energy: The commodities and energy trading is a globalized 24-hour market with continually fluctuating prices. This makes it an ideal tool for day traders seeking rapid moves and preferring energy CFDs as their trading product of choice.

Account Registration

The specific method to register an account on the RCG Markets official website is as follows:

First, open the RCG Markets official website and click "Client Register" under "Login" at the top right corner of the website.

Then, complete the account registration by filling in the information (such as email, password, etc.) as prompted.

Account Types

RCG Markets offers four different types of trading accounts: RCG Classic Account, RCG RAW, RCG ECN Account, and ROYAL 100, to meet the needs of different traders.

1. RCG Classic Account: Zero commission, leverage up to 1:2000.
2. RCG RAW: Zero commission, leverage up to 1:500.
3. RCG ECN Account: Zero commission, leverage up to 1:1000.
4. ROYAL 100: Zero commission, leverage up to 1:500.

Deposit and Withdrawal Methods

RCG Markets offers multiple deposit and withdrawal options, such as BANKWIRE, Skrill, Crypto, etc.

Customer Support

RCG Markets offers contact through multiple channels, including phone support, email support, and WhatsApp support.

1. Phone Support:+27 (10) 007 5974.
2. Email Support:[email protected], [email protected], [email protected].
3. WhatsApp Support:+27 82 401 6338.

Conclusion

RCG Markets is registered and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. RCG Markets offers various trading products including forex, indices, stock CFDs, commodities, and energy. Here at TraderKnows, we remind investors that forex and CFD margin trading carry a high level of risk which may not be suitable for all investors. The high leverage can work against you as well as for you. You should carefully consider your investment objectives, experience level, and risk appetite before deciding to trade forex and CFDs.

Currently, RCG Markets is marked as "Active" on TraderKnows.