Real Gold Capitals foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.realgoldcapitals.com/client/register/65058780502a6, about the company's legal and temporary regulatory information, the company's address Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, P.O. Box 838, Castries, Saint Lucia.
Real Gold Capitals Ltd was established in August 2023 and operates as a private entity. The broker is headquartered in Saint Lucia with additional offices in India. It primarily serves retail clients interested in trading various financial instruments, including forex, commodities, and cryptocurrencies.
Despite its recent inception, Real Gold Capitals has made strides in positioning itself within the trading market. However, it is essential to note that the broker has been flagged as unregulated, raising significant concerns regarding its operational legitimacy and the safety of client funds. The company claims to operate under the auspices of various international laws, but upon investigation, no verifiable regulatory information has been found.
The business model of Real Gold Capitals appears to focus on providing an online trading platform that caters to individual traders through retail forex services. However, the lack of regulation and oversight indicates potential risks associated with investing through this broker.
Real Gold Capitals broker has quickly become a topic of concern among financial analysts and potential investors, primarily due to its operational status being classified as a scam by multiple sources.
Real Gold Capitals operates without any valid regulatory oversight. There are no known regulatory bodies that provide supervision or licenses to the broker. According to various sources, including BrokersView and WikiFX, the broker has not registered with significant regulatory authorities such as the Financial Services Regulatory Authority (FSRA) in Saint Lucia, the Reserve Bank of India (RBI), or the Securities and Exchange Board of India (SEBI).
The absence of a regulatory license poses a considerable risk to investors, as there are no legal safeguards to protect client funds. Furthermore, the company does not participate in any investor compensation schemes, which typically offer financial protection in the event of broker insolvency or fraud.
Real Gold Capitals has not disclosed any information regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. This lack of transparency further exacerbates concerns about the broker's legitimacy and the security of client information.
As such, engaging with the Real Gold Capitals broker may expose investors to substantial risks, with no regulatory framework to ensure fair trading practices or the protection of client assets.
Real Gold Capitals offers a range of trading products, primarily focusing on forex trading. The broker claims to provide access to over 60 currency pairs, including major, minor, and exotic currencies. Additionally, it offers Contract for Difference (CFD) trading across various asset classes, including:
The broker's product offerings are designed to cater to both novice and experienced traders, with claims of competitive spreads starting from 0.0 pips. However, potential clients should exercise caution, as the legitimacy of these claims remains unverified due to the broker's unregulated status.
Real Gold Capitals appears to update its product offerings periodically, but specific details regarding the frequency and nature of these updates have not been clearly outlined. The broker also emphasizes its commitment to retail trading services, but there is no mention of institutional client services or white-label solutions, which are typically offered by more established brokers.
Real Gold Capitals supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized in the industry for their robust features and user-friendly interfaces. These platforms allow traders to execute trades, analyze market trends, and utilize automated trading strategies.
In addition to the MT4 and MT5 platforms, the broker offers a web-based trading platform that enables access from any device with internet connectivity. Mobile trading applications are also available for both iOS and Android, allowing users to trade on-the-go.
The execution model employed by Real Gold Capitals is not clearly defined, with indications that it may utilize a Market Making approach. However, the lack of transparency regarding its execution methods raises further questions about the broker's operational integrity.
Real Gold Capitals claims to have a robust technological infrastructure, but specifics regarding server locations and the underlying technology supporting its trading platforms have not been disclosed. Additionally, information about API access and support for automated trading is absent, which may limit the trading capabilities for advanced users.
Real Gold Capitals offers several account types designed to accommodate various trading preferences, though precise details about each account type are limited.
The minimum trading lot size is set at 0.01, allowing traders to engage in micro-lot trading. The leverage offered by Real Gold Capitals can reach up to 1:500, providing traders with the ability to amplify their positions; however, this also increases the risk of significant losses.
Details regarding overnight fees and other trading conditions have not been clearly articulated, which is a critical factor for potential investors to consider when evaluating the overall cost of trading with this broker.
Real Gold Capitals supports a variety of deposit methods, including bank transfers, credit cards, and potentially e-wallets. However, specific details regarding the minimum deposit requirements for each account type are not provided.
The processing time for deposits is reported to be instant, but there is no clarity on any associated fees for making deposits. Additionally, the withdrawal process and methods available to clients are not explicitly stated, leaving potential clients uncertain about the ease of accessing their funds.
Withdrawal processing times are also not disclosed, which can be a significant concern for traders who may need to access their funds quickly. Furthermore, any fees associated with withdrawals remain unspecified, which could affect the overall profitability of trading with Real Gold Capitals.
Real Gold Capitals offers customer support through various channels, including phone, email, and live chat. However, the operating hours and specific time zone coverage for customer service are not clearly defined, which may impact the responsiveness of support.
The broker claims to provide multi-language support, but the exact languages available have not been mentioned. This could limit accessibility for non-English speaking clients.
In terms of educational resources, Real Gold Capitals appears to offer a limited selection of materials. There is no clear indication of the types of educational content available, such as webinars, tutorials, or eBooks. Additionally, market analysis services, including daily analysis, news updates, and research reports, are not explicitly mentioned, which may hinder traders' ability to make informed decisions.
Real Gold Capitals primarily targets markets in Saint Lucia and India, but specific details regarding its regional office distribution are not provided. The broker does not accept clients from certain jurisdictions, but the exact list of restricted countries is not disclosed.
Given the unregulated status of Real Gold Capitals, it is crucial for potential clients to verify whether their country of residence allows trading with this broker. The lack of clear information regarding operational limitations may pose risks for clients in certain regions.
In summary, while Real Gold Capitals offers a range of trading products and services, potential investors should approach with caution due to the broker's unregulated status and lack of transparency regarding critical operational details. The Real Gold Capitals broker is marked by significant risks that could impact the safety of client funds and the integrity of trading operations.