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RC Global foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.secureloandocs.com/app/24069496/12944/, about the company's legal and temporary regulatory information, the company's address 3949 Clairemont Dr Ste 15 San Diego, CA 92117.

RC Global Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
RC Global Financial
Abbreviation
RC Global
Company employee
--
Customer Service Email Address
info@877rcglobal.com
Contact Number
(877) 724-5622
Company address
3949 Clairemont Dr Ste 15 San Diego, CA 92117
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

AspectInformationCompany NameRC GlobalRegistered Country/AreaUnited StatesFounded Year2014RegulationUnregulatedServicesPurchase loan, FHA loans, VA loans, Refinance, Reverse mortogageCustomer SupportPhone:(877)724-5622ToolsRenting versus buying calculator,Refinance analysis calculator,Consolidation calculator,Glossary of mortgage termsOverview of RC Global RC Global, established in 2014 and based in the United States, operates as an unregulated entity in the loan sector, offering a variety of services tailored to meet diverse financial needs. Their portfolio includes purchase loans, FHA loans, VA loans, refinancing options, and reverse mortgages, attracting a wide range of borrowers looking for both residential and investment property financing solutions. Customer support is readily accessible via phone at (877) 724-5622.Is RC Global Limited Legit or a Scam? RC Global operates within the loan industry as an unregulated entity, meaning it has not been formally authorized or overseen by any financial regulatory bodies.Pros and ConsProsConsDiverse servicesUnregulated statusProducts & Services RC Global offers a diverse array of loan services tailored to address the unique financial needs and goals of various clients:Purchase Loans: RC Global's purchase loans are designed to facilitate the home buying process for individuals and families. Whether clients are in the market for their first home, upgrading to a larger space, or investing in real estate, RC Global provides customized financing solutions. These loans are structured to meet the buyer's financial situation, offering competitive interest rates and terms that align with their long-term homeownership goals.FHA Loans: Federal Housing Administration (FHA) loans are a cornerstone of RC Global's offerings, aimed at making homeownership more accessible. These government-backed loans are ideal for borrowers who may not qualify for conventional mortgages due to lower credit scores or limited savings for down payments. FHA loans come with the security of government backing, reduced down payment requirements, and more lenient lending standards, making them an attractive option for first-time homebuyers and those with modest incomes.VA Loans: Dedicated to serving the needs of veterans and active military personnel, VA loans offer significant benefits as a token of gratitude for their service to the country. With features like no down payment, no requirement for PMI, and lenient credit requirements, VA loans from RC Global provide a pathway to homeownership that acknowledges the sacrifices made by military members and their families. These loans also offer favorable terms for refinancing, further enhancing their appeal to eligible borrowers.Refinance: For homeowners looking to optimize their existing mortgage, RC Global's refinancing services offer a solution. Whether the goal is to secure a lower interest rate, reduce monthly mortgage payments, switch from an adjustable-rate to a fixed-rate loan, or access home equity for major expenses, refinancing can provide financial relief and flexibility. RC Global works closely with clients to assess their current financial situation and long-term goals, offering refinancing options that best suit their needs.Reverse Mortgages: Tailored specifically for seniors, reverse mortgages from RC Global offer a financial tool to enhance retirement planning. By allowing homeowners aged 62 and older to convert part of their home equity into cash without the need to sell their home, reverse mortgages provide a source of income that can supplement retirement funds, cover healthcare costs, or fund home improvements. RC Global ensures that clients fully understand the terms and potential implications of a reverse mortgage, guiding them through the process with expert advice and support.How to Open an Account? Opening an account with RC Global can be a straightforward process, typically involving the following steps: Step 1: Provide Personal and Financial Information Start by visiting the RC Global website or contacting their office directly. You'll need to provide personal details such as your name, address, and contact information, as well as financial information, including your income, employment history, and any existing debts. Step 2: Select the Desired Loan Service Choose the loan service that best suits your financial goals, whether it's a purchase loan for a new home, an FHA or VA loan, refinancing options, or a reverse mortgage. RC Global may provide guidance and advice to help you make an informed decision based on your eligibility, financial situation, and long-term objectives. Step 3: Submit Application and Await Approval Complete and submit your loan application along with any required documentation, such as proof of income, asset information, and identification. Once submitted, RC Global will process your application, conduct the necessary credit and financial checks, and inform you of their decision.Customer Support RC Global is dedicated to providing exceptional customer support to ensure a smooth and satisfactory experience for its clients. For any inquiries, assistance, or support, clients can easily reach out to the RC Global team by calling (877) 724-5622. Alternatively, for those who prefer written communication or need to send documents, emailing info@877rcglobal.com is a convenient option. Additionally, for in-person consultations or services, clients can visit the RC Global office located at 3949 Clairemont Dr, Suite 15, San Diego, CA 92117, where the staff is prepared to assist with a wide range of loan-related needs.Tools RC Global provides its clients with a suite of financial tools designed to assist in making informed decisions about their loan options:Renting versus Buying Calculator: This tool helps potential borrowers weigh the financial implications of renting against buying a home. By inputting their current rental expenses and comparing them with potential mortgage costs, users can better understand the long-term benefits and costs associated with homeownership versus continuing to rent.Refinance Analysis Calculator: For those considering refinancing their existing mortgage, this calculator offers insights into how refinancing might affect their monthly payments, interest costs, and overall loan term. It helps users evaluate whether refinancing is a financially beneficial move based on their current loan terms and the prevailing interest rates.Consolidation Calculator: This tool is designed for individuals looking to consolidate their debts, including multiple loans or credit card balances, into a single loan, potentially with a lower interest rate. By inputting their existing debts, interest rates, and monthly payments, users can assess the potential savings and simplification benefits of consolidation.Glossary of Mortgage Terms: Understanding mortgage terminology can be challenging for many borrowers. RC Global offers a comprehensive glossary of mortgage-related terms, providing clear and concise definitions to help clients navigate the complex language of the loan industry, enhancing their understanding and confidence in making loan-related decisions.Conclusion In conclusion, RC Global is an unregulated loan service provider that offers a range of loan options including purchase loans, FHA loans, VA loans, refinancing, and reverse mortgages. FAQs What types of loans does RC Global offer? RC Global provides various loan services including purchase loans, FHA loans, VA loans, refinancing options, and reverse mortgages. Is RC Global a regulated entity? No, RC Global operates as an unregulated loan service provider. How can I contact RC Global for support? You can reach RC Global's customer support by calling (877) 724-5622 or via email at info@877rcglobal.com.

Rating Index

How to login to RC Global?
Rc Global Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Rc Global Account Registering for an Rc Global account is the initial step for users looking to access the platforms trading services. Below is a detailed gui

  

Rc Global Forex Broker - Complete Information Guide

  

1. Broker Overview

  Rc Global Financial, founded in 2018, is a forex broker owned and operated by Rc Global Financial Ltd. The company is registered in Belize, with its main office purportedly located in Hong Kong. It claims to have additional offices in the USA, UK, and France, although these claims lack substantiation. Rc Global operates as a private entity and primarily serves retail clients looking to engage in forex trading.

  The broker has not provided substantial information regarding its trading conditions or the specific services it offers, leading to questions about its operational transparency. Despite being relatively new to the market, Rc Global has faced scrutiny due to its offshore license status, which raises concerns about its regulatory compliance and safety for traders.

  The business model of Rc Global appears to focus on retail forex trading, offering access to various currency pairs and potentially other financial instruments. However, the lack of detailed information about its operations and services makes it difficult to assess its overall market presence and reliability.

  

2. Regulatory and Compliance Information

  Rc Global is registered with the International Financial Services Commission of Belize (IFSC). However, it is essential to note that this license is considered an offshore license, which often comes with less stringent regulatory oversight. The broker is reportedly in the process of surrendering this license, further complicating its regulatory status.

  The absence of oversight from reputable regulatory bodies such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC) raises significant concerns about the safety of client funds. Notably, Rc Global does not hold any licenses from these or other major regulatory authorities, which diminishes its credibility as a forex broker.

  • Regulatory Bodies: IFSC (Belize)
  • License Number: Not specified
  • License Validity and Scope: Currently under review for surrender
  • Entities in Different Regions: Claims to operate in the USA, UK, and France, but lacks proper authorization
  • Client Fund Segregation Policy: Not disclosed
  • Investor Compensation Fund Participation: None reported
  • KYC and AML Compliance: Not explicitly detailed

  Given these factors, potential clients are advised to exercise caution when considering trading with Rc Global, as the lack of regulatory oversight may expose them to higher risks.

  

3. Trading Products and Services

  Rc Global offers a selection of trading products primarily in the forex market. The number of currency pairs available for trading is not explicitly stated, but it is expected that the broker provides access to major, minor, and exotic pairs to cater to various trading strategies.

  In addition to forex, Rc Global may offer Contract for Differences (CFDs) across several asset classes, including:

  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

  However, specific details regarding the range of products and the frequency of updates or new additions to their offerings remain unclear. The broker does not provide retail trading services in a transparent manner, nor does it appear to offer institutional client services or white-label solutions.

  The absence of a demo account feature also raises concerns, as this is typically an essential tool for traders to familiarize themselves with a broker's platform and trading conditions before committing real funds.

  

4. Trading Platform and Technology

  Rc Global supports the MetaTrader 4 (MT4) trading platform, which is widely recognized for its advanced charting capabilities and extensive range of technical indicators. The broker offers both desktop and mobile versions of MT4, allowing traders to access their accounts on various devices.

  However, there is no indication that Rc Global provides a proprietary trading platform or any additional tools beyond MT4. The execution model employed by the broker is not clearly defined, leading to ambiguity regarding whether it operates as an ECN, STP, or market maker.

  • MT4 Support: Yes
  • Proprietary Platform: None reported
  • Web-based Trading Platform: Not specified
  • Mobile App Support: Available for iOS and Android
  • Execution Model: Not explicitly stated
  • Server Location and Infrastructure: Not disclosed
  • API Access and Automated Trading Support: Not mentioned

  This lack of information about the trading infrastructure and execution policies may deter potential clients who prioritize transparency and reliability in their trading experience.

  

5. Account Types and Trading Conditions

  Rc Global does not provide comprehensive details about its account types or trading conditions on its website. However, it is known that the broker offers standard accounts with minimum deposit requirements that are not clearly stated.

  • Standard Account Conditions: Specifics on minimum deposit, spreads, and commissions are not provided.
  • Advanced Account Types: Information on VIP or professional accounts is lacking.
  • Special Account Types: No mention of Islamic accounts or corporate accounts.
  • Demo Account Policy: No demo accounts are available for prospective clients.
  • Leverage Range: Not specified, varies by product.
  • Minimum Trade Size: Information not disclosed.
  • Overnight Fees Policy: Not detailed.

  The lack of transparency regarding account types and trading conditions raises concerns about the broker's commitment to providing a clear and fair trading environment for its clients.

  

6. Fund Management

  Rc Global provides limited information regarding its fund management policies. The broker supports various deposit methods, including bank transfers, credit cards, and electronic wallets, although specific payment options are not detailed.

  • Supported Deposit Methods: Bank transfers, credit cards, electronic wallets (exact options not specified).
  • Minimum Deposit Requirements: Not disclosed for different account types.
  • Deposit Processing Time: Not specified.
  • Deposit Fees: Not mentioned.
  • Withdrawal Methods and Limits: Information on withdrawal methods is not provided.
  • Withdrawal Processing Time: Not clearly stated.
  • Withdrawal Fee Structure: Not disclosed.

  The ambiguity surrounding fund management policies may pose risks for potential clients, as clear and secure fund transfer processes are crucial in the trading environment.

  

7. Customer Support and Educational Resources

  Rc Global offers customer support through various channels, including phone, email, and potentially online chat. However, detailed information about the availability of these support options is not provided.

  • Support Channels: Phone, email, online chat (exact details not specified).
  • Service Hours and Time Zone Coverage: Not mentioned.
  • Multilingual Support: Language support is not specified.
  • Educational Resources: Limited information on educational materials, such as webinars or tutorials.
  • Market Analysis Services: Not detailed.
  • Trading Tools: No specific tools mentioned, such as calculators or signal services.

  The lack of comprehensive support and educational resources may hinder traders, especially those who are new to the forex market and require guidance.

  

8. Regional Coverage and Restrictions

  Rc Global claims to serve multiple markets, including the USA, UK, and France. However, the exact distribution of its regional offices is not explicitly stated, which raises questions about its operational reach.

  • Primary Service Markets: USA, UK, France (claims not substantiated).
  • Regional Office Distribution: Not detailed.
  • Countries/Regions Not Accepted: Not specified.
  • Special Restrictions: Information on specific restrictions is not provided.

  The unclear regional coverage and acceptance policies may limit the broker's accessibility for potential clients in various jurisdictions.

  In conclusion, while Rc Global broker presents itself as a forex trading platform, the lack of transparency regarding its regulatory status, trading conditions, and customer support raises significant concerns for potential traders. It is advisable for individuals to conduct thorough research and consider more established and regulated brokers before engaging in trading activities with Rc Global.

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Latest Reviews

Johannes 75203

Johannes 75203

United Kingdom

They've been really helpful, which is a big deal for me. I mean, their customer service is great. However, one thing to mention is that their loan rates are a bit higher compared to some other banks.

Positive

2024-07-19

☆Purple♂

☆Purple♂

United States

I recently worked with this broker to secure a mortgage and was really impressed by their personalized service. They didn't just see me as another number; they actually took the time to understand my specific financial situation. The process was straightforward, and they locked me into a great rate quickly. Highly recommend for anyone needing tailored loan solutions!

Positive

2024-06-27

22377

22377

Singapore

My dealings with RC Global Financial were distinctively personal. They represent a wide range of investors, providing plenty of loan programs, made to fit each person's situation. I especially found their expertise in non-conforming real estate loans and refinancing from ARM to fixed rates beneficial. While they provide a variety of options, ranging from 15yr to 30yr mortgages and different types of ARMS, it was their unique approach that stood out. At RC Global, the customer isn't just another number, and I really appreciated that!

Positive

2024-05-15

RC Global Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.34, Software Index 4.00 Risk Control Index 0.00.