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Lungelo Khoza
South Africa
2024-03-27
ANSWER I'm sorry, but I couldn't find specific information on the founder of RCG Markets. However, I found that RCG MARKETS is a South African broker that was established in 2018, regulated by the South Africa Financial Sector Conduct Authority (FSCA: FSP49769). Additionally, there's a company named FBK Markets that claims to be a "juristic representative" of RCG Markets. They also claim to be a broker, sharing the license with RCG Markets. However, it's important to note that a license cannot be shared. Both of these brands have been accused of potential involvement in fraudulent schemes. We've published a detailed article on our platform about them. Please refer to it for more details through the following link: RCG Markets: Is It Safe and Reliable to Deal with This Broker?
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What products can I trade with RCG Markets?
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Diekirch
2023-07-06
ANSWER Regarding your question, we found relevant information on the pull-down menu of "Global Markets". We would recommend contacting their customer service to achieve the most accurate and current answer. For more details about this broker, please refer to our full review of RCG Markets.BrokersView reminds youWhile it is true that we has located a company named RCG MARKETS (PTY) LTD on the Financial Sector Conduct Authority (FSCA) register, it is crucial to note that the south African financial regulator doesn't provide authentication details and domains for investors to verify, giving some shady brokers an opportunity to pose as a regulated platform by exploiting the registered company's information. As such, there is no guarantee that the FSCA-authorized firm is the one that operates RCG Markets on website rcgmarkets.com. Investors must beware of the risks involved and proceed with extreme caution when dealing with RCG Markets.
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Is this broker regulated in South Africa?
Mjaro
Zambia
2022-09-15
ANSWER RCG Markets is owned and operated by RCG MARKETS (Pty) Ltd, a company incorporated in South Africa and authorized by the Financial Services Conduct Authority (FSCA) with FSP number 49769. We indeed find a match result to RCG MARKETS (Pty) Ltd in FSCA. Regarding FSCA, we would like to mention that some shady brokers will falsely use the regulatory information of a licensed broker by FSCA, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of RCG MARKETS (Pty) Ltd. We would recommend exercising caution when dealing with FSCA -regulated brokers.For more details about this broker, you can check our full RCG Markets review.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.