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Rizq Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://rizqcapital.com/open-live-account/, about the company's legal and temporary regulatory information, the company's address .

Rizq Capital Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Rizq Capital LLC
Abbreviation
Rizq Capital
Company employee
--
Customer Service Email Address
support@rizqcapital.com
Contact Number
+923000900038
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Currently, the official Rizq Capital website(https://rizqcapital.com) is unavailable to open.Rizq Capital Review SummaryFounded2024Registered Country/RegionSaint Vincent and the GrenadinesRegulationUnregulatedMarket InstrumentsForex, Commodities, Indices, SharesDemo Account×LeverageUp to 1:200SpreadFrom 2.5 pips (Standard), 2 pips (Elite), 1.5 pips (Pro)Min Deposit$100 (Standard), $2,500 (Elite), $10,000 (Pro)Customer SupportPhone: +92 300 0900038Email:support@rizqcapital.com24/7 Online Chat:NoPhysical Address: Not providedRizq Capital Information Based in Saint Vincent and the Grenadines, Rizq Capital is an online trading broker for 2024 with a quite small working history. Though not regulated, this broker provides popular financial products like forex, commodities, indices and shares. The company's minimum deposit criteria call for $100.Pros and ConsProsConsOffers high leverage (up to 1:200)UnregulatedProvides different account typesHigh minimum deposit requirements ($100 - $10,000)Wide spreads (from 2.5 pips)Is Rizq Capital Legit? Rizq Capital is unregulated.What Can I Trade on Rizq Capital? Rizq Capital offers forex, commodities, indices, and shares.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Shares✔Account Types Rizq Capital offers 3 types of trading accounts: Standard, Elite, and Pro. The company does not offer a demo account or Islamic accounts.Account NameMin DepositMax LeverageMin SpreadStandard$1001:200From 2.5 pipsElite$2,5001:200From 2 pipsPro$10,0001:200From 1.5 pipsLeverage The leverage of Rizq is up to 1:200.Rizq Capital Fees For the Standard account, Rizq Capital provides wide spreads starting at 2.5 pips; for the Elite account, 2 pips; for the Pro account, 1.5 pips. It doesn't mention about the commissions.Account TypeMin SpreadCommissionsStandardFrom 2.5 pipsNot listedEliteFrom 2 pipsNot listedProFrom 1.5 pipsNot listedDeposit & Withdrawal Rizq requires a minimum deposit of $100. But it charges $10,000 for Pro account and $2,500 for Elite account. It doesn't mention the deposit and withdrawal fees and methods.

Rating Index

PRO

Minimum Deposit
10000 USD

ELITE

Minimum Deposit
2500

  

Rizq Capital Broker - Complete Information Guide

  

1. Broker Overview

  Rizq Capital LLC, established in 2020, is an emerging player in the online trading sector, specifically focusing on forex and Contracts for Difference (CFDs). The company is headquartered in Dubai, United Arab Emirates, and operates as a private entity. Rizq Capital serves a diverse clientele, including individual traders, institutional investors, money managers, banks, and financial institutions, offering a range of competitive trading services.

  The broker has positioned itself as a provider of low spreads and commission-free trading, emphasizing the reliability and confidence of next-generation liquidity. Rizq Capital aims to deliver excellent order execution and access to over 300 trading instruments, including forex, commodities, indices, and cryptocurrencies. The company is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, which enables it to operate under a limited liability framework.

  Rizq Capital's business model caters to both retail and institutional clients, offering tailored solutions to meet their trading needs. The firm has made significant strides in establishing itself within the competitive landscape of online trading, focusing on technological advancements and customer satisfaction.

  Rizq Capital broker is committed to providing a seamless trading experience through innovative platforms and robust customer support.

  

2. Regulatory and Compliance Information

  Rizq Capital operates under the regulatory oversight of the Financial Services Authority (FSA) of St. Vincent and the Grenadines, holding the registration number 512 LLC 2020. However, it is important to note that Rizq Capital is considered an unregulated investment platform, which raises concerns regarding the safety and security of client funds.

  The lack of stringent regulatory oversight means that Rizq Capital does not participate in investor compensation schemes, which further heightens the risk for clients. As a result, clients may not have adequate protection in case of insolvency or operational failures.

  Rizq Capital adheres to basic Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. These procedures are essential to mitigate risks associated with financial crimes and to ensure the integrity of the trading environment. However, the effectiveness of these measures is often questioned due to the absence of robust regulatory frameworks.

  The company maintains a policy of segregating client funds, which means that clients' money is held in separate accounts from the company's operational funds. This is a crucial aspect of financial safety, yet the overall lack of regulation remains a significant concern for potential investors.

  Rizq Capital broker operates in a complex regulatory landscape, and prospective clients are advised to conduct thorough due diligence before engaging with the platform.

  

3. Trading Products and Services

  Rizq Capital offers a wide array of trading products and services, catering to various trading preferences and strategies. The broker provides access to over 300 forex currency pairs, including major, minor, and exotic pairs, enabling traders to capitalize on diverse market opportunities.

  In addition to forex trading, Rizq Capital offers a range of CFDs across different asset classes, including indices, commodities, and cryptocurrencies. This broad selection allows traders to diversify their portfolios and engage in multiple markets from a single trading account.

  Rizq Capital frequently updates its product offerings, ensuring that clients have access to the latest instruments and trading opportunities. The broker also provides retail trading services, allowing individual traders to engage in the financial markets with competitive conditions.

  For institutional clients, Rizq Capital offers tailored solutions, including white-label services and asset management. These services are designed to meet the unique needs of larger clients, providing them with the necessary tools and resources to succeed in the market.

  Rizq Capital broker stands out for its comprehensive range of trading products and services, making it an attractive option for both retail and institutional traders.

  

4. Trading Platforms and Technology

  Rizq Capital supports popular trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely recognized for their user-friendly interfaces and advanced trading features. These platforms provide traders with access to real-time market data, analytical tools, and automated trading capabilities.

  In addition to MT4 and MT5, Rizq Capital offers a proprietary web-based trading platform that enhances the trading experience with advanced charting tools and seamless execution. The platform is designed to cater to the needs of both novice and experienced traders, providing a robust environment for executing trades.

  Mobile trading is also a key feature of Rizq Capital's offering, with dedicated applications available for both iOS and Android devices. This allows traders to manage their accounts and execute trades on the go, ensuring flexibility and convenience.

  The broker employs an ECN (Electronic Communication Network) execution model, which facilitates direct market access and enhances trade execution speed. This model is particularly beneficial for high-frequency traders and those seeking optimal pricing.

  Rizq Capital's technology infrastructure includes strategically located servers to ensure low latency and stable execution. The broker also supports API access, enabling traders to implement automated trading strategies and integrate third-party tools into their trading activities.

  Rizq Capital broker leverages advanced technology to provide a competitive trading environment, ensuring clients have the tools they need to succeed.

  

5. Account Types and Trading Conditions

  Rizq Capital offers a variety of account types to cater to different trading needs and preferences. The standard account typically requires a minimum deposit, with competitive spreads and no commissions on trades. This account type is suitable for most retail traders looking to access the financial markets.

  For more experienced traders, Rizq Capital provides advanced account options, including VIP and professional accounts. These accounts often come with enhanced trading conditions, such as lower spreads and higher leverage, allowing for more significant trading opportunities.

  The broker also offers special accounts, including Islamic accounts that comply with Sharia law, ensuring that traders can engage in trading without incurring interest charges. Additionally, corporate accounts are available for businesses seeking to trade in the financial markets.

  Rizq Capital provides a demo account option, allowing potential clients to practice trading strategies and familiarize themselves with the platform before committing real funds. This is a valuable resource for new traders looking to build confidence in their trading abilities.

  Leverage ratios offered by Rizq Capital can vary depending on the asset class, with some products allowing for leverage as high as 1:400. The minimum trade size is typically set at a reasonable level, making it accessible for traders with different capital levels.

  Overnight fees, or swap rates, are applied to positions held overnight, and these rates can vary based on market conditions and the specific asset being traded.

  Rizq Capital broker provides a range of account types and favorable trading conditions, making it suitable for a diverse clientele.

  

6. Fund Management

  Rizq Capital supports various deposit methods to facilitate client funding, including bank transfers, credit cards, and electronic wallets. This flexibility ensures that clients can choose the payment method that best suits their needs.

  The minimum deposit requirement varies based on the account type, with standard accounts typically requiring a lower initial investment. This accessibility allows more traders to enter the market and start trading with Rizq Capital.

  Deposit processing times are generally quick, with most transactions being completed within 24 hours. However, clients should be aware of any potential fees associated with deposits, which can vary depending on the payment method used.

  Withdrawal methods are also available through bank transfers and electronic wallets, with specific limits and processing times that clients should consider. Rizq Capital aims to process withdrawal requests efficiently, typically within 24 hours, ensuring that clients have access to their funds when needed.

  The fee structure for withdrawals may include charges depending on the method used, and clients should review these details to understand any costs associated with accessing their funds.

  Rizq Capital broker emphasizes efficient fund management, providing clients with multiple options for deposits and withdrawals while maintaining transparency in fees.

  

7. Customer Support and Educational Resources

  Rizq Capital offers comprehensive customer support through various channels, including telephone, email, and live chat. The support team is available to assist clients with inquiries and issues that may arise during their trading experience.

  The broker operates with a commitment to providing timely support, ensuring that clients receive prompt responses to their queries. This is particularly important in the fast-paced trading environment, where quick resolutions can impact trading outcomes.

  Rizq Capital supports multiple languages, catering to a diverse clientele and enhancing accessibility for traders from different regions. This multilingual support is essential for effective communication and client satisfaction.

  In terms of educational resources, Rizq Capital provides a range of materials, including webinars, tutorials, and eBooks. These resources are designed to help traders improve their skills and knowledge, enabling them to make informed trading decisions.

  Market analysis services are also offered, providing clients with daily insights, news updates, and research reports. This information is crucial for traders looking to stay informed about market trends and developments.

  Additionally, Rizq Capital offers various trading tools, including calculators, economic calendars, and signal services, to assist clients in their trading activities.

  Rizq Capital broker prioritizes customer support and education, equipping traders with the resources they need to succeed in the competitive financial markets.

  

8. Regional Coverage and Restrictions

  Rizq Capital primarily serves clients in the Middle East, Europe, and Africa, leveraging its strategic location in Dubai to cater to a diverse market. The broker has established a presence in these regions, offering its trading services to a wide range of clients.

  However, Rizq Capital does impose certain regional restrictions. The broker does not accept clients from specific countries, including the USA, UK, Japan, British Columbia, Quebec, and Saskatchewan, among others. This is an important consideration for potential clients, as regulatory compliance is a key factor in the broker's operations.

  The absence of services in these regions is primarily due to regulatory challenges and the need to adhere to local laws and regulations governing financial services.

  Rizq Capital broker continues to expand its reach while maintaining compliance with regional regulations, ensuring that it operates within the legal frameworks of the markets it serves.

  In conclusion, Rizq Capital presents itself as a competitive option in the online trading landscape, with a comprehensive range of services and a commitment to customer satisfaction. However, potential clients should exercise caution due to the unregulated nature of the platform and conduct thorough research before engaging in trading activities.

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Latest Reviews

José G

José G

Hong Kong

I really love that there are no commissions for trading FX and CFDs. The spreads could be a bit tighter, but to be honest, they're not bad either.

37130

2024-07-22

Rizq Capital Forex Broker has an overall rating of 1.50, Regulatory Index 0.00, License Index 0.00, Business Index 6.95, Software Index 4.00 Risk Control Index 0.00.
Rizq Capital