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RCM Alternatives foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.rcmalternatives.com, about the company's legal and temporary regulatory information, the company's address 318 W Adams St. 10th Fl Chicago, IL 60606.

RCM Alternatives Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Reliance Capital Markets II, LLC.
Abbreviation
RCM Alternatives
Company employee
--
Customer Service Email Address
invest@rcmam.com
Contact Number
+18557260060
Company Address
318 W Adams St. 10th Fl Chicago, IL 60606
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

RCM AlternativesReview Summary Founded2012 Registered Country/RegionUnited States RegulationNo regulation Market InstrumentsFutures Demo Account/ Leverage/ Spread/ Trading Platform/ Minimum Deposit/ Customer SupportContact form Phone: (855) 726-0060 Email: invest@rcmam.com Social Media: Twitter, Facebook, LinkedIn Address: 318 W Adams St. 10th Fl, Chicago, IL 60606RCM Alternatives Information RCM Alternatives was registered and established in the United States in 2012. For traders, RCM Alternatives supports trading futures. Apart from that, it also provides services for institutional clients. As of now, RCM Alternatives is not regulated, and it does not provide much information on its official website.Pros and Cons Pros Cons Specialized in futures tradingNo regulation Various contact channelsIs RCM Alternatives Legit? RCM Alternatives, whose official website was registered in 2012. So far, it is not subject to any supervision. Please be aware of the risks!What Can I Trade on RCM Alternatives? RCM Alternatives mainly conducts futures trading, futures options trading. Tradable Instruments Supported Futures✔ Forex❌ Commodities❌ Indices❌ Stocks❌ Bonds❌ ETFs❌

Rating Index

Pros

Offers access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
High customer support ratings, indicating responsive and helpful service.
Established history in the industry since 1997, suggesting experience and longevity.

Cons

Lacks proper regulation, posing potential risks for traders.
Not using popular trading platforms like MT4 or MT5, which may deter some traders.
No client insurance or bonuses offered, which could limit attractiveness to potential clients.
How to login to RCM Alternatives?
RCM Alternatives Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the essential processes of registering, opening an account, and logging into RCM Alternatives. Whether you're a new user or looking to refresh your knowledge, th

RCM Alternatives Forex Broker - Complete Information Guide

1. Broker Overview

RCM Alternatives, founded in 2010, is a registered commodity brokerage firm headquartered in Chicago, Illinois. The firm operates as a privately held entity, focusing on providing alternative investments, particularly in managed futures and global macro strategies. RCM Alternatives serves a diverse clientele, including high-net-worth individuals, institutional investors, hedge funds, and commodity trading advisors (CTAs).

The company has built a strong reputation over the years, helping investors access unique alternative investment opportunities that aim for diversification and higher yields. With over 50 managers across 40 countries and assets exceeding $3 billion, RCM Alternatives has established itself as a leader in the alternative investment space.

The firms business model revolves around sourcing and structuring global macro and managed futures investments. RCM Alternatives also assists investment firms in streamlining their operations and growing their assets under management. This includes providing technology solutions, introductions, and the necessary expertise to navigate the complexities of alternative investments.

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2. Regulatory and Compliance Information

RCM Alternatives operates under the oversight of several regulatory bodies. The primary regulators include the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). The firm is registered with the CFTC and holds an NFA membership, ensuring compliance with all necessary regulations governing commodity trading.

The regulatory numbers associated with RCM Alternatives are as follows:

  • NFA ID: 0503744
  • CFTC Registration Number: 0384312

The firms licenses are valid for conducting business in the commodities and derivatives markets, ensuring that it adheres to strict compliance standards. RCM Alternatives implements robust customer fund segregation policies, ensuring that client funds are kept separate from the firm's operational funds. This practice is crucial for protecting investor assets in the event of financial difficulties.

Moreover, RCM Alternatives participates in investor compensation schemes, providing an additional layer of security for its clients. The firm adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all client identities are verified and monitored for suspicious activities.

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3. Trading Products and Services

RCM Alternatives offers a comprehensive range of trading products and services tailored to meet the needs of both retail and institutional clients. The broker provides access to a variety of currency pairs, including major, minor, and exotic currencies, allowing traders to engage in forex trading with a diverse selection of options.

In addition to forex trading, RCM Alternatives offers Contracts for Difference (CFDs) across several asset classes, including:

  • Indices: Major global indices such as the S&P 500, NASDAQ, and FTSE 100.
  • Commodities: Precious metals, energy products, and agricultural commodities.
  • Stocks: Shares from leading companies in various sectors.
  • Cryptocurrencies: A growing selection of digital currencies for trading.

The firm frequently updates its product offerings, introducing new trading instruments to keep pace with market demands. RCM Alternatives also provides tailored services for institutional clients, including white-label solutions and asset management services.

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4. Trading Platforms and Technology

RCM Alternatives supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms in the industry. These platforms offer advanced charting tools, automated trading capabilities, and a user-friendly interface that appeals to both novice and experienced traders.

In addition to these platforms, RCM Alternatives has developed its proprietary trading platform, designed to cater to the specific needs of its clients. The platform features:

  • Web-based trading: Accessible from any device with internet connectivity.
  • Mobile applications: Available for both iOS and Android devices, allowing traders to manage their accounts on the go.

The broker operates with an ECN (Electronic Communication Network) execution model, providing clients with direct access to liquidity providers and competitive pricing. The firms technology infrastructure is robust, featuring servers located in strategic financial hubs to ensure low latency and high-speed order execution.

API access is also available for clients interested in automated trading solutions, allowing for seamless integration with third-party trading systems.

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5. Account Types and Trading Conditions

RCM Alternatives offers several account types to accommodate the diverse needs of its clients. The standard account conditions include:

  • Minimum deposit: Varies by account type, generally starting at $10,000.
  • Spreads: Competitive spreads starting from 0.1 pips, depending on market conditions.
  • Commission: May apply based on the account type and trading volume.

For more advanced traders, RCM Alternatives provides VIP and professional accounts, which come with enhanced features, including lower spreads, dedicated account management, and access to exclusive trading tools.

The firm also offers Islamic accounts for clients who require Sharia-compliant trading options. Additionally, a demo account is available for traders looking to practice their strategies in a risk-free environment.

Leverage ratios vary by asset class, with forex typically offering leverage up to 1:100, while other products may have different leverage limits. The minimum trade size is generally 0.01 lots, allowing for flexible trading strategies. RCM Alternatives has a clear policy on overnight fees, which are applied based on the positions held at the end of the trading day.

6. Funds Management

RCM Alternatives provides a range of funding options for clients to deposit and withdraw funds easily. Supported deposit methods include:

  • Bank transfers
  • Credit cards
  • E-wallets: Such as PayPal and Skrill.

The minimum deposit requirement varies by account type, with standard accounts starting at $10,000. Deposits are processed promptly, usually within one business day, ensuring that clients can begin trading without unnecessary delays.

Withdrawal methods mirror those available for deposits, with processing times ranging from 1 to 3 business days depending on the method chosen. Withdrawal fees may apply, particularly for bank transfers, and clients are encouraged to review the fee structure outlined in their account terms.

7. Customer Support and Educational Resources

RCM Alternatives prides itself on providing excellent customer support. Clients can reach out through various channels, including:

  • Phone
  • Email
  • Live chat
  • Social media platforms.

Support is available during business hours, covering multiple time zones to accommodate international clients. The firm also offers multilingual support, ensuring that clients receive assistance in their preferred language.

To enhance client knowledge and trading skills, RCM Alternatives provides a wealth of educational resources, including:

  • Webinars: Covering various trading strategies and market analyses.
  • Tutorials: Step-by-step guides on using trading platforms and understanding market dynamics.
  • E-books: Offering in-depth insights into trading methodologies and risk management.

Additionally, the firm provides regular market analysis services, including daily updates, news reports, and research publications to keep clients informed of market trends and opportunities.

8. Regional Coverage and Restrictions

RCM Alternatives primarily serves clients in North America, Europe, and Asia-Pacific regions. The firm has established a strong presence in these markets, with dedicated offices to support local clients.

However, RCM Alternatives does not accept clients from certain countries due to regulatory restrictions, including:

  • United States
  • Iran
  • North Korea

These restrictions are in place to comply with international regulations and ensure the safety and security of client funds.

In summary, RCM Alternatives stands out as a reputable broker in the alternative investment space, offering a wide range of trading products and services, robust regulatory compliance, and exceptional customer support. With its focus on managed futures and global macro investments, it aims to meet the diverse needs of its clientele while providing innovative trading solutions.

RCM Alternatives Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.42, Software Index 4.00 Risk Control Index 0.00.
RCM Alternatives