RCM FX Review
2
Scam
Risk Index
RCM FX is an offshore company that promises ultra-tight spreads, starting from as low as 0 pips, obscene leverage amounts of up to 1:1000 and guarantees a high level of fund security. It is owned by Regal Core Markets Limited. license.
Is RCM FX A Legit Broker?
RCM FX, on its website, claims to be registered by Vanuatu Financial Services Commission (VFSC). But, during our investigation, we realized that it is an offshore and unregulated broker that has not received any license from any regulatory body. Moreover, it has been blacklisted by the Financial Conduct Authority for running a big scam. Hence, it is not a secure platform to do trading with.
Is It Safe To Invest With RCM FX?
RCM FX promises to return a profit of around USD 1000 per day on a minimum investment of USD 250. But, many negative reviews have been submitted by its previous traders that prove the given statement false. They have lost their entire money on trading with it and hence, we do not suggest going for RCM FX for trading purposes.
How To Recover Your Scammed Funds From RCM FX?
If you have lost your hard-earned money to RCM FX, you can avail of the services of funds recovery companies listed with us to retrieve your money from the broker.
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