November 28, 2022

RXK Capital Reviews – Scam Or Legit Broker? Read!

rxkcapital.com

Do you want to trade with RXK Capital? Before you do that, read review to find out if rxkcapital.com is worth the cost.

What is RXK Capital Broker about?

RXK Capital is an offshore brokerage company with a lot of offers for traders. This broker claims agreement with the Laws of Saint Vincent and the Grenadines. Also, it promises different accounting types such as Standard, Advanced and Platinum.

Notwithstanding the many trading instruments RXK Capital promises to offer, traders must know they are dealing with an unknown broker whose regulation claims are false.

This review is for you to know if the broker is worth using or not. Further, it will expose all that is needed to know about this trading platform.

See section below:

Withdrawal and Deposit

RXK Capital Withdrawal process:

Under withdrawal policy, RXK Capital leaves us with no specific information on withdrawal fee nor processing days on withdrawal. Truly, this broker is not legit and its fraudulent schemes are clear.

Minimum Deposit:

RXK Capital minimum deposit is indicated $100.  Even though this broker shows what amount to deposit, that doesn’t make it legit for traders. Any broker can likely do the same.

The broker presents three payment methods such as VISA, Mastercard and bank wire transfers . You should not consider making any payment with this broker in the first place because it is a risk. So beware!

RXK Capital Platform:

RXK Capital offers web based trading platform which seems easy to use for beginners and not MT4 or MT5 (Industry standard trading platforms). However, the broker is already a red flag for traders.

More so, leverage can get up to 500. Well, steer clear from this broker as it is a way to make traders put good amount of money expecting to get big profit.

Regardless of the attractive offers RXK Capital broker claims to present, we can’t find a free account for traders to test the platform before considering a deposit.

Won’t you rather trade with a licensed and legit broker? Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK, ASIC in Australia, NBRB in Belarus, CySEC in Cyprus as well as IIROC in Canada which makes client funds safe. They accept traders worldwide…visit their official website

More Reasons rxkcapital.com Broker Is Suspicious

First of, rxkcapital.com is a platform with no financial authority overseeing its financial services. We believe this broker is not worth your money because Financial Services Authority SVG does not monitor or regulate brokers.

Another red flag we noticed in this broker is that there is no demo account for traders. If traders can’t test RXK Capital broker on a free account, how then can we know its viability in the forex market.

Regrettably, the broker is a clear scam whose presentation of SVG governance and regulation cannot be proved. We know SVG financial authority is not known for regulating forex brokers. This is a big warning for traders to avoid losing money with this broker. 

RXK Capital Licensing and Regulation

It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation that means your money is at risk. Its licensed and regulation claims are false and must be avoided.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website

Concluding Thoughts:

RXK Capital located at rxkcapital.com claims to be a genuine broker is not valid. From indications, we would advise users to steer clear from this broker. Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.

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