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Royal Chartered Bankers Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:08

Abstract:Founded in 2020, RC Bankers was registered by Royal Chartered Bankers in Kuwait. It offers various trading assets, including forex, shares, metals, energies and indices. Besides, it also provides the most popular trading platform MT5. However, it is not regulated.

RC BankersReview Summary
Founded2020
Registered Country/RegionKuwait
RegulationNot regulated
Market InstrumentsForex, shares, metals, energies and indices
Demo Account✅
LeverageUp to 1:200
SpreadFrom 0.0 pips
Trading PlatformMT5
Min Deposit$100
Customer SupportTel: +965 22070054
Email: support@rcbankers.com
Social media: X, Facebook, Instagram
Address: Block 5 - Tower plot 43- 8th floor- Aqeila- Kuwait

  Founded in 2020, RC Bankers was registered by Royal Chartered Bankers in Kuwait. It offers various trading assets, including forex, shares, metals, energies and indices. Besides, it also provides the most popular trading platform MT5. However, it is not regulated.

RC Bankers' homepage

Pros and Cons

Pros Cons
Various trading assetsNot regulated
Multiple account typesNo MT4
Offer demo accountsMany popular payment options are not supported
Flexible leverage ratios
Commission-free for Royal and Pro accounts
Popular trading platform MT5
Free deposits and withdrawals

Is RC Bankers Legit?

  Royal Chartered Bankers claims it is a company incorporated and existing under the laws of the Autonomous Island of Moheli with registration number HY0042032. However, it is not regulated by any financial authorities. Traders should be cautious.

What Can I Trade on RC Bankers?

Tradable Instruments Supported
Forex✔
Shares ✔
Metals✔
Energies ✔
Indices ✔
Cryptos ❌
Bonds❌
Options ❌
ETFs❌

Account Type

  RC Bankers five account types: Royal, Pro, Elite, Robo and Corporate. Demoaccounts are also offered.

Account Type Min Deposit
Royal$100 - $1 000
Pro$1 000 - $5 000
Elite$5 000+
Robo$1 000+
Corporate$20 000+
Account comparison

Leverage

  The leverage of RC Bankers varies by different account types.

Account Type Max Leverage
Royal1:1, 1:100, 1:200
Pro
Elite1:1, 1:100
Robo1:100
CorporateCustom tailored

  It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

  RC Bankers's minimum spread starts from 0.0 pips. And there is no commission fees for Royal and Pro accounts.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, IOS, Android, WebExperienced traders
MT4❌/Beginners

Deposit and Withdrawal

Deposit Options

Deposit OptionMinDeposit FeeProcessing Time
VISA / Mastercard $1000%Instant
WARBA BANK2-5 working days
GULFCOIN
PERFECT MONEY
ASIAHAWALA
ZAIN CASHUp to 24 Hours
BIILZ/in real-time

Withdrawal Options

Withdrawal OptionFeeProcessing Time
VISA / Mastercard 0%2-5 working days
WARBA BANK

Related broker

Not Regulated
Royal Chartered Bankers
Company name:Royal Chartered Bankers Ltd.
Score
1.53
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.53

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