RCPro formerly know as Royal Capital Pro is an unlicensed Forex broker that opened in This broker is officially owned and operated by: GoldTech Media Services OÜ. They are located at: Roosikrantsi 2K, Harju Maakond, Tallinn, Estonia, You can find investors complaints about brokers, read this. For mobile trading you can user the MetaTrader4 mobile apps on Android and iOS. The company has been blacklisted multiple times under the names of other unregulated brokers such as S2Trade and Glenmore Investments.

As to the RCPro, it has also been banned by the Estonian Financial Supervisory Authority:. We advise all investors and traders to avoid RCPro and other unregulated brokers. Usually, such companies run investment scams.

Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and BlackBull Markets. They made lose 6. I feel very sad and bad to know them and to trust them. They are an offshore fraud company with no license at all. Their accounts are not real money accounts but demoaccounts that they manipulate and controll.

If you succed to be successfull in your trades and want to make a withdrawal, there is no way you will get any money. Only if its small size withdrawals you will get the money, just for them to get your trust.

When making deposits they will tell you to transfer money to many different accounts all over the world, with strange beneficiary names, like food companies, and private individuals in Saudi Arabia. In terms of trading tools, there is the basic economic calendar that tells you of any upcoming news events and which markets they will affect. Then for education, there is a section based around trading strategies however it is very basic and does not go into much detail about any of them.

There is a trade copying service, however, there are no examples of them so we can not comment on the accuracy or profitability of them. The contact us page offers a way to get in touch with RCPro should you have any queries or concerns.

There is the standard online submission form that you can fill in and should then expect a reply via email. There is also an email address available to use directly along with phone numbers and physical addresses. The site does not state the opening hours but we would assume that they will be closed over the weekends when the markets are also closed.

Looking around the site we could not locate any information about demo accounts so it appears there may not be any. Potential new clients like to use demo accounts to test out the servers and trading conditions offered, current clients like demo accounts as a way to test out new trading strategies without risking their own capital.

It would be a big boost to RCPro if they make demo accounts available to their current and potential new clients. RCPro gives their vision as a broker wanting to offer competitive environments however their trading conditions are far from competitive, the spreads are very high giving quite a large costs, despite there being no commission it is an expensive broker to use.

There are enough instruments to give you things to trade but it would have been nice to see more variety. The promotion looks good but the lack of demo accounts along with the other information provided can make it hard to recommend them as a broker to sue at this point in time.

We hope you like this RCPro review. If you did, please be sure to check out some other reviews here at Forex Academy to help you find the broker that is right for you. They are an offshore fraud company with no license at all. Their accounts are not real money accounts but demoaccounts that they manipulate and controll. If you succed to be successfull in your trades and want to make a withdrawal, there is no way you will get any money. Only if its small size withdrawals you will get the money, just for them to get your trust.

When making deposits they will tell you to transfer money to many different accounts all over the world, with strange beneficiary names, like food companies, and private individuals in Saudi Arabia.

All you who have lost your money trading with them, you should know, you never lost anything because you never even got a real money account to begin with, even less made any real trade. The banks are now suspecting them, and holding on to their money, awaiting more evidence to be found. Contact HSBC in Hong Kong, about this fraud to get your money back. Save my name, email, and website in this browser for the next time I comment. About Us Advertise With Us Contact Us. Forex Academy.

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RCPro formerly know as Royal Capital Pro is an unlicensed Forex broker that opened in This broker is officially owned and operated by: GoldTech Media Services OÜ. They are located at: Roosikrantsi 2K, Harju Maakond, Tallinn, Estonia, You can find investors complaints about brokers, read this.

For mobile trading you can user the MetaTrader4 mobile apps on Android and iOS. Leverage available is up to Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin. Web based trading is using the Panda Webtrader software which is very popular with traders, because it is very intuitive and easy to configure. For traders interested in a Swap Free account which is Shariah compliant, you can request that. When the Scam Broker Investigator reviews a Forex broker to see if they are in fact a scam broker or really a legitimate broker, we check to see if a regulator like FSB South Africa or ASIC Australia gave them a license.

You can see the latest most popular licensed brokers listed here. ForTrade is a popular broker that is regulated by the FCA in England. Their custom trading platform is very user friendly, Go see: ForTrade. If you are an existing client already investing with RC Pro Royal Capital Pro , please share your experience for other interested investors in the comments section below.

Menu Best Brokers Trading Apps Reviews Crypto Scams Complaints. RCPro is not a licensed or regulated broker. Read Comments.

RCPro gives their vision as a broker wanting to offer competitive environments however their trading conditions are far from competitive, the spreads are very high giving quite a large costs, despite there being no commission it is an expensive broker to use. Save my name, email, and website in this browser for the next time I comment. Contact Webmaster Forex Advertising Risk of Loss Terms of Service. There is no mention of any fees or the lack of them. FRESHCENT FXprocent Review.

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