Business
License
Rico does not offer different types of accounts for its clients. The platform lacks the structure typically found in regulated brokers, which usually provide various account types tailored to different trading needs. This absence of account types raises concerns about the broker's reliability and the level of service provided to clients. Additionally, the lack of specified account features means that clients may not have access to essential trading tools and resources that are often available with other brokers.
Opening an account with Rico is not straightforward due to the broker's lack of transparency and regulation. Here are the general steps typically involved in the account opening process for brokers, although specifics for Rico are unclear:
Please note that due to the unregulated nature of Rico, potential clients should exercise caution and consider the risks involved before proceeding with account registration.