RCG Markets Review 2026

Item: RCG Markets
Rating: 4.7
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 07, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $1
Fees 6 /10
Account types 5.4 /10
Regulation 5.8 /10

4.7 /10

High risk

RCG Markets User Reviews 3.0
Commissions and Fees 6.0
Regulation and Safety 5.8
Account Types 5.4
Deposit and Withdrawal 5.9
Markets and Tradable Assets 6.5
Trading Account Opening 8.0
Customer Support 5.2

RCG Markets Pros & Cons

The broker is licensed by the FSCA;
MetaTrader 4 and MetaTrader 5 are available for trading;
Minimum deposit is ZAR 50;
Floating spreads for all asset types;
Good range of currency pairs and stock indices;
The broker doesn’t charge deposit or withdrawal fees.

The broker doesn’t provide its services in all countries and regions;
CFDs on cryptocurrencies are not available and stock markets are limited;
PAMM and MAM accounts are not available.

TU Expert Verdict

RCG Markets carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Top-5 Brokers Traders Prefer

zForex

8.1 /10

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EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

RCG Markets User Reviews

Score:

3 /10

4 total

5-star

0%
4-star

0%
3-star

0%
2-star

50%
1-star

50%

I see no point in opening an account with dubious companies like RCG Markets. This company is registered in South Africa and holds a license from the South African regulator, allowing for a leverage of 1:2000. Such high leverage is offered by companies that can manipulate quotes and traders' orders. I believe that a client from Europe is likely to lose their money in RCG Markets. It's better to look for another company with a European license.

Opening an account with RCG Markets was my mistake. I trusted the managers of this company, who told me that here I would be able to make a huge profit through trading. Another mistake was using the trading signals offered by RCG Markets managers. As a result, my losses amounted to $3467. I do not recommend dealing with this dubious company.

I traded with rcg markets last year. I had a lot of complaints about trading, and I also didn’t like the fact that there were no bonuses or incentives. I didn't stay here for long.

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Commissions and Fees

Score:

6 /10

The trading and non-trading commissions of RCG Markets have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee

Deposit fee applies
Withdrawal fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of RCG Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, RCG Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

RCG Markets Standard spreads
	RCG Markets	ZForex	OANDA
EUR/USD min, pips	0.2	0.1	0.1
EUR/USD max, pips	0.4	0.4	0.5
GPB/USD min, pips	0.4	0.2	0.1
GPB/USD max, pips	0.7	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

RCG Markets RAW/ECN spreads
	RCG Markets	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3.50	7	3.5
EUR/USD avg spread	0.10	0.1	0.15
GBP/USD avg spread	0.15	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with RCG Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

RCG Markets Non-Trading Fees
	RCG Markets	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0.5	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0.5	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15
Inactivity fee ($, per month)	0	0

Is RCG Markets Safe?

Score:

5.8 /10

RCG Markets has a safety score of 5.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated

Not tier-1 regulated

RCG Markets Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FSCA SA	Full Name Financial Sector Conduct Authority of South Africa	Country of regulation South Africa	Investor Protection Fund No specific fund	Regulation Level Tier-2

RCG Markets Security Factors
Foundation date	2022
Negative balance protection	No
Verification (KYC)	Yes

Account Types

Score:

5.4 /10

RCG Markets offers the following account options: Standard, ECN/Raw spread.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Low minimum deposit
Tight spread ECN account
Standard account with balanced trading conditions

No Cent account
No Swap Free account

RCG Markets account types vs top competitors
	RCG Markets	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	Yes	No
Demo	No	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	No	No	No
Managed	No	No	No

RCG Markets accounts trading conditions

To make trading through RCG Markets efficient and profitable, it is important to correctly choose the account type. The broker offers various options based on the needs of experienced market participants and Forex novice traders. Also, traders can choose the account type for trading on MT4 and MT5. Each client can have several account types in ZAR, USD, and GBP.

Account types:

Account Type	Description
RCG Classic	It is an account type for MT4 without trading fees. Traders only pay floating spreads that start at 1.5 pips. Execution is STP. The Classic account is suitable for traders with any experience.
RCG RAW	This is an MT4 account type with no trading fees and spreads from 0 pips. Execution speed is higher than that on the Classic account, but leverage is lower.
RCG ECN	This is an account type for professional trading with near-zero spreads. Fees per lot are charged. The ECN account offers the highest order execution speed and the best prices from liquidity providers.
ROYAL 100	It is a new account type available since October 2023. It allows traders to work on a more advanced MT5 platform. The minimum spread is 1.5 pips without additional trading fees. This is the only account type where bonuses are available.

Prior to opening a live account, traders can create a demo account with a virtual deposit. On MT4, virtual funds are $100,000; and on MT5, it’s $10,000. A demo account is valid for 30 days.

The broker offers a wide range of account types with different executions, which allows traders to switch to a more profitable strategy and, in general, permits them to react faster to market changes.

Deposit and Withdrawal

Score:

5.9 /10

RCG Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

RCG Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Bank wire transfers available
Low minimum withdrawal requirement
USDT (Tether) supported
Bitcoin (BTC) accepted

PayPal not supported
Deposit fee applies
Withdrawal fee applies

What are RCG Markets deposit and withdrawal options?

RCG Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum.

RCG Markets Deposit and Withdrawal Methods vs Competitors
	RCG Markets	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	No	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	Yes	Yes	No

What are RCG Markets base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. RCG Markets supports the following base account currencies: USD, GBP, ZAR, Bitcoin.

What are RCG Markets's minimum deposit and withdrawal amounts?

The minimum deposit on RCG Markets is $1, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact RCG Markets’s support team.

Markets and Tradable Assets

Score:

6.5 /10

RCG Markets offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 70 Forex pairs.

Copy trading platform
Indices trading
70 supported currency pairs

Limited asset selection
Crypto trading not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by RCG Markets with its competitors, making it easier for you to find the perfect fit.

	RCG Markets	ZForex	Plus500
Currency pairs	70	50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.		80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	Yes	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products RCG Markets offers for beginner traders and investors who prefer not to engage in active trading.

	RCG Markets	ZForex	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	Yes	Yes	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with RCG Markets in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at RCG Markets is $1.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

RCG Markets account opening
	RCG Markets	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$1	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	8	5
KYC time (days)	2	1	3

Is RCG Markets available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

On the RCG Markets website, it is possible to register as a client or a partner. If you consider the broker for trading, create an account with it following the below instructions:

On the broker’s website, click the “Login” button to activate the menu for clients and partners. Choose the action that allows you to register a user account for trading.
Next, fill in the account opening form. Choose the account type, base currency, and trading platform. Also, the broker requests your personal data. Your email is necessary to link the user account.
The first steps after creating your user and trading accounts are:
- Verification..
- Making a deposit..

Additional features of RCG Markets’ user account allow traders to:

View their trading history;
Add new live and demo accounts;
Change leverage;
Submit withdrawal requests;
Transfer funds between their accounts;
Go to the web version of MT5;
Download desktop platforms and mobile apps.

Customer Support

Score:

5.2 /10

Customer support at RCG Markets is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. RCG Markets provides basic support functionality but does not stand out in overall service performance.

Information

RCG Markets’ technical support is available 24/5, excluding public holidays. The Johannesburg office operates from 9:00 to 17:00 Monday through Friday and from 9:00 to 14:00 on Saturday and Sunday.

Different communication channels are available
Support in WhatsApp is almost instant

Technical support is provided with breaks
Managers are not available in a live chat

RCG Markets provides the following communication channels:

Telephone;
Email;
WhatsApp;
Feedback form;
Instagram, X (formerly Twitter), and Facebook.

There is no live chat in the user account. Tickets are not available either.

Contacts
Foundation date	2022
Registration address	RCG Markets (Pty) Ltd, 13th Floor, Green Park Corner, 3 Lower Road, Sandown, Gauteng, 2196, Johannesburg, Republic of South Africa
Regulation	FSCA Licence number: FSP49769
Official site	https://www.rcgmarkets.com/
Contacts	support@rcgmarkets.com +27 (10) 007 5974, WhatsApp number: +27 82 401 6338

Best RCG Markets Alternatives

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How is RCG Markets regulated and what does its safety score indicate?

RCG Markets is regulated by the Financial Sector Conduct Authority of South Africa (FSCA SA), which is described as a Tier-2 regulator without a specific investor protection fund. The broker has a safety score of 5.8/10, corresponding to a Medium security level, and it does not offer negative balance protection while requiring KYC verification.

What account types and trading conditions are available with RCG Markets?

RCG Markets offers several account types, including RCG Classic, RCG RAW, RCG ECN, and ROYAL 100, with different spreads, fees, execution speeds, and platforms (MT4 and MT5). The broker supports accounts in ZAR, USD, and GBP, and provides demo accounts with virtual funds ($100,000 on MT4 and $10,000 on MT5) that are valid for 30 days.

What do user reviews and feedback say about RCG Markets’ overall satisfaction level?

RCG Markets has a user satisfaction score of 3/10 based on 4 reviews, with 50% of ratings at 2 stars and 50% at 1 star. According to user reviews, overall feedback is mostly negative.

What deposit and withdrawal conditions at RCG Markets are mentioned in user feedback?

RCG Markets supports deposits and withdrawals via bank wire, Skrill, Neteller, BTC, USDT, and Ethereum, and offers base account currencies in USD, GBP, ZAR, and Bitcoin. The minimum deposit is $1 and the minimum withdrawal is $100, with a withdrawal fee applying and no bank card option specified in this section.

How do traders describe the RCG Markets account opening process in their feedback?

The account opening process at RCG Markets is fully online, with registration taking about 20 minutes and KYC verification typically completed within 2 business days. The minimum deposit is $1, and the process includes choosing an account type, base currency, and platform, followed by verification and funding, while some users may experience longer approval times depending on documentation.