Score

1.48 /10
Danger

Rizq Capital

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.77

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Rizq Capital LLC

Company Abbreviation

Rizq Capital

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Rizq Capital · Company summary

Currently, the official Rizq Capital website(https://rizqcapital.com) is unavailable to open.

Rizq Capital Review Summary
Founded2024
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex, Commodities, Indices, Shares
Demo Account×
LeverageUp to 1:200
SpreadFrom 2.5 pips (Standard), 2 pips (Elite), 1.5 pips (Pro)
Min Deposit$100 (Standard), $2,500 (Elite), $10,000 (Pro)
Customer SupportPhone: +92 300 0900038
Email:support@rizqcapital.com
24/7 Online Chat:No
Physical Address: Not provided

Rizq Capital Information

Based in Saint Vincent and the Grenadines, Rizq Capital is an online trading broker for 2024 with a quite small working history. Though not regulated, this broker provides popular financial products like forex, commodities, indices and shares. The company's minimum deposit criteria call for $100.

Rizq Capital Information

Pros and Cons

ProsCons
Offers high leverage (up to 1:200)Unregulated
Provides different account typesHigh minimum deposit requirements ($100 - $10,000)
Wide spreads (from 2.5 pips)

Is Rizq Capital Legit?

Rizq Capital is unregulated.

Is Rizq Capital Legit?

What Can I Trade on Rizq Capital?

Rizq Capital offers forex, commodities, indices, and shares.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Shares

Account Types

Rizq Capital offers 3 types of trading accounts: Standard, Elite, and Pro. The company does not offer a demo account or Islamic accounts.

Account NameMin DepositMax LeverageMin Spread
Standard$1001:200From 2.5 pips
Elite$2,5001:200From 2 pips
Pro$10,0001:200From 1.5 pips

Leverage

The leverage of Rizq is up to 1:200.

Rizq Capital Fees

For the Standard account, Rizq Capital provides wide spreads starting at 2.5 pips; for the Elite account, 2 pips; for the Pro account, 1.5 pips. It doesn't mention about the commissions.

Account TypeMin SpreadCommissions
StandardFrom 2.5 pipsNot listed
EliteFrom 2 pipsNot listed
ProFrom 1.5 pipsNot listed

Deposit & Withdrawal

Rizq requires a minimum deposit of $100. But it charges $10,000 for Pro account and $2,500 for Elite account. It doesn't mention the deposit and withdrawal fees and methods.

User Reviews

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Comments

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José G
more than one year
I really love that there are no commissions for trading FX and CFDs. The spreads could be a bit tighter, but to be honest, they're not bad either.
I really love that there are no commissions for trading FX and CFDs. The spreads could be a bit tighter, but to be honest, they're not bad either.
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2024-07-22 10:15
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Noah Smith
more than one year
It felt like I was constantly chasing my tail. Different customer support staff gave me conflicting information. One said I could have two accounts, another said only one, and yet another claimed my existing MT4 account (which I knew was active) was just a demo! It took multiple emails and even then, some staff didn't bother reviewing the previous communication, leaving me to explain the situation from scratch every time.
It felt like I was constantly chasing my tail. Different customer support staff gave me conflicting information. One said I could have two accounts, another said only one, and yet another claimed my existing MT4 account (which I knew was active) was just a demo! It took multiple emails and even then, some staff didn't bother reviewing the previous communication, leaving me to explain the situation from scratch every time.
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2024-04-18 14:49
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