Rizq Capital Forex Broker

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.