RCG Markets Account Types

　　RCG Markets offers four major account types tailored to meet the diverse needs of traders:

• Classic Account
• Minimum Deposit: R50
• Maximum Leverage: 1:2000
• Trading Fees: Only spread is charged (no commission), with variable spreads starting from 1.5 pips.
• Trading Instruments: Forex, indices, shares, commodities, and energies.
• Trading Style Allowed: All, including scalping, hedging, and EA trading.
• Raw Account
• Minimum Deposit: R50
• Maximum Leverage: 1:500
• Trading Fees: Only spread is charged (no commission), with variable spreads starting from 0.0 pips.
• Trading Instruments: Forex, indices, shares, commodities, and energies.
• Trading Style Allowed: All, including scalping, hedging, and EA trading.
• ECN Account
• Minimum Deposit: R50
• Maximum Leverage: 1:1000
• Trading Fees: Commission of $7 per lot, with variable spreads starting from 0.0 pips.
• Trading Instruments: Forex, indices, shares, commodities, and energies.
• Trading Style Allowed: All, including scalping, hedging, and EA trading.
• Royal 100 Account
• Minimum Deposit: R50
• Maximum Leverage: 1:500
• Trading Fees: Commission of $7 per lot, with variable spreads starting from 1.5 pips.
• Trading Instruments: Forex, indices, shares, commodities, and energies.
• Trading Style Allowed: All, including scalping, hedging, and EA trading.

　　

RCG Markets Broker Account Opening Process

　　Opening a broker account with RCG Markets is a straightforward process that can be completed online in just a few steps:

• 　　Visit the RCG Markets Website: Navigate to the official RCG Markets website to begin the application process.

• 　　Choose Your Account Type: Select the account type that best suits your trading needs from the options available (Classic, Raw, ECN, or Royal 100).

• 　　Complete the Online Application: Fill out the online application form with your personal information, including identification details and contact information. This typically takes about 5 to 7 minutes.

• 　　KYC Verification: Submit the required Know Your Customer (KYC) documentation for verification. This is necessary to comply with regulatory requirements.

• 　　Fund Your Account: After your application is approved, you will need to deposit the minimum required amount (R50) to fund your account. This can usually be done through various payment methods.

• 　　Start Trading: Once your account is funded, you can start trading across various instruments offered by RCG Markets.

　　By following these steps, you can efficiently open a trading account and begin your investment journey with RCG Markets.