WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

RCS

Cyprus|5-10 years|
Suspicious Scope of Business|High potential risk|

http://www.rcapitalsolutions.com/

Website

Rating Index

Contact

+357 25262020
info@rcapitalsolutions.com
http://www.rcapitalsolutions.com/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 246/14) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

RCS · WikiFX Survey

Users who viewed RCS also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

IUX

8.82
Score
2-5 yearsRegulated in AustraliaStraight Through Processing(STP)MT5 Full License
Official website

IC Markets Global

9.10
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

RCS · Company Summary

General Information & Regulation

R Capitals Solutions Ltd (“RCS”, for short) is a Cyprus registered online Forex and CFD broker operating under the name of Tradeberry.com, which is currently regulated by CySEC in Cyprus and holds its authorized STP license, with regulatory license number: 246/14.

Markets Instruments

With RCS, investors can trade over 150 trading instruments, including Forex currency pairs, commodities, stocks, and indices.

Minimum Deposit

RCS offers only one standard account type for investors, with a minimum initial deposit requirement of $500 and a minimum trade size of 0.01 lots. The amount set for opening an RCS account is relatively high compared to the industry as a whole, with most brokers setting the amount between $100 and $200.

RCS Leverage

RCS, as a Cyprus -regulated firm, offers different trading leverage depending on retail and professional traders. For retail traders, the maximum leverage up to 1:30 for forex trading, 1:20 for commodities, 1:20 for indices, and 1:5 for stocks. Professional clients can apply the maximum leverage of up to 1:400 for forex instruments.

RCS Spreads & Commissions

RCS offers a fixed spread of 1.6 pips on the EURUSD, which is slightly higher than the industry standard. Most brokers offer spreads between 1.0 and 1.5 pips on the EURUSD, and higher spreads mean higher transaction costs.

RCS Trading Platforms

The trading platform offered by RCS is an online trading platform, not the popular MT4/MT5 trading platform instead. RCS claims it is a platform created in cooperation with TOOMIT, with execution times in milliseconds, no dealing desk intervention, and fast trading options.

Deposit & Withdrawal

RCS does not accept third-party or anonymous deposits to trading accounts. There are two types of deposit methods: credit/debit cards and payment service providers. The base currencies for RCS trading accounts are EUR, USD, and RON, with a minimum deposit of 250 GBP/EUR/USD/1000 RON.

RCS Customer Support

Traders can reach the RCS customer support team through telephone, and email or directly visiting RCS office in Limassol, Cyprus. Live chat support is not offered, though it is might be the quickest way to get responded.

RCS Cons

Some RCS Drawbacks include:

1. High initial minimum deposit requirements

2. Conservative leverage

3. One account option Only

4. Not offering an MT4 trading platform

Broker Information

Company Name

R Capital Solutions Ltd

Abbreviation

RCS

Regulatory Status

Suspicious Clone

Platform registered country and region

Cyprus

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company
  • +357 25262020

X

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@rcapitalsolutions.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com