RCB Forex Broker

RC BankersReview Summary Founded2020 Registered Country/RegionKuwait RegulationNot regulated Market InstrumentsForex, shares, metals, energies and indices Demo Account✅ LeverageUp to 1:200 SpreadFrom 0.0 pips Trading PlatformMT5 Min Deposit$100 Customer SupportTel: +965 22070054 Email: support@rcbankers.com Social media: X, Facebook, Instagram Address: Block 5 - Tower plot 43- 8th floor- Aqeila- Kuwait Founded in 2020, RC Bankers was registered by Royal Chartered Bankers in Kuwait. It offers various trading assets, including forex, shares, metals, energies and indices. Besides, it also provides the most popular trading platform MT5. However, it is not regulated.Pros and Cons Pros Cons Various trading assetsNot regulated Multiple account typesNo MT4 Offer demo accountsMany popular payment options are not supported Flexible leverage ratios Commission-free for Royal and Pro accounts Popular trading platform MT5 Free deposits and withdrawalsIs RC Bankers Legit? Royal Chartered Bankers claims it is a company incorporated and existing under the laws of the Autonomous Island of Moheli with registration number HY0042032. However, it is not regulated by any financial authorities. Traders should be cautious.What Can I Trade on RC Bankers? Tradable Instruments Supported Forex✔ Shares ✔ Metals✔ Energies ✔ Indices ✔ Cryptos ❌ Bonds❌ Options ❌ ETFs❌Account Type RC Bankers five account types: Royal, Pro, Elite, Robo and Corporate. Demoaccounts are also offered. Account Type Min Deposit Royal$100 - $1 000 Pro$1 000 - $5 000 Elite$5 000+ Robo$1 000+ Corporate$20 000+Leverage The leverage of RC Bankers varies by different account types. Account Type Max Leverage Royal1:1, 1:100, 1:200 Pro Elite1:1, 1:100 Robo1:100 CorporateCustom tailored It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spread and Commission RC Bankers's minimum spread starts from 0.0 pips. And there is no commission fees for Royal and Pro accounts.Trading Platform Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, IOS, Android, WebExperienced traders MT4❌/BeginnersDeposit and WithdrawalDeposit Options Deposit OptionMinDeposit FeeProcessing Time VISA / Mastercard $1000%Instant WARBA BANK2-5 working days GULFCOIN PERFECT MONEY ASIAHAWALA ZAIN CASHUp to 24 Hours BIILZ/in real-time Withdrawal Options Withdrawal OptionFeeProcessing Time VISA / Mastercard 0%2-5 working days WARBA BANK