RGCC offers a variety of account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type available:
| Account Type | Minimum Deposit | Spread (pips) | Commission | Leverage | Key Features |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 | None | Up to 1:500 | Beginner-friendly |
| ECN | $500 | From 0.0 | $3/lot | Up to 1:200 | Direct market access |
| Pro | $1,000 | From 0.5 | $2/lot | Up to 1:300 | Advanced tools |
| Islamic | $100 | Similar to Standard | None | Up to 1:500 | Swap-free, Sharia compliant |
| Demo | Virtual funds | Same as Standard | None | Same as Standard | Risk-free practice environment |
When considering which rgcc account type to choose, it's important to compare their features:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:300
Islamic: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Standard
Pro: Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic Account.
Swap-Free Options: Available for Islamic Account.
Demo Account Features: Virtual trading environment with $10,000 in virtual funds.
Standard Account:
Low minimum deposit.
No commission fees.
Ideal for beginners.
Access to a wide range of instruments.
ECN Account:
Lower spreads for active traders.
Direct market access.
Suitable for scalping and high-frequency trading.
Enhanced trading conditions.
Pro Account:
Advanced trading tools.
Lower commission fees.
Priority customer support.
Ideal for professional traders.
Islamic Account:
Compliant with Sharia law.
No swap fees.
Suitable for Muslim traders.
Access to all trading instruments.
Demo Account:
Risk-free environment.
Practice trading strategies.
Familiarization with trading platforms.
No financial risk involved.
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Higher minimum deposit.
Commission fees may add up for frequent traders.
Pro Account:
Higher minimum deposit compared to Standard.
Commission fees may deter some traders.
Islamic Account:
Limited availability for non-Muslim traders.
May have fewer features than other accounts.
Demo Account:
Limited to virtual funds.
Cannot be used for live trading.
To open an rgcc account, prospective traders must meet specific eligibility criteria:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; check rgcc's website for specific restrictions.
Prohibited Countries: Specific countries may be restricted; refer to rgcc's terms for details.
Identity Verification Documents Needed:
Valid government-issued ID (passport or drivers license).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
Proof of income or trading experience may be required.
KYC/AML Compliance Procedures:
rgcc adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification and documentation.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
To register for an rgcc account, follow these detailed steps:
Issue: Document upload errors.
Solution: Ensure documents are clear and meet the required format.
Issue: Delays in verification.
Solution: Contact rgcc support for assistance.
The rgcc demo account allows traders to practice without financial risk.
Demo Account Features and Benefits:
Access to the same trading platform as live accounts.
Practice trading strategies with virtual funds.
No financial risk involved.
How to Open a Demo Account:
Visit the rgcc website and select the demo account option.
Fill in the required information and create your demo account.
Demo Account Limitations:
Limited to virtual funds and cannot be used for live trading.
Virtual Balance Amount:
Typically $10,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money and trading conditions.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a certain period; check rgcc's terms for specifics.
The rgcc Islamic account is designed for traders who require compliance with Sharia law.
Explore broker markets account types: forex/trading accounts with demo access.