Abstract:RCG Markets and FBK Markets are both forex brokers running businesses in South Africa. What is the secret behind the two?
As far as we know, FBK Markets SA(Pty) Ltd is actually a juristic representative of RCG Markets. RCG Markets used to be an FSCA-regulated broker in South Africa with FSP license number 49769. However, this broker now exceeds the business scope regulated by South Africa FSCA (license number: 49769) National Futures Association-UNFX Non-Forex License.
Social Media Engagement
FBK Markets has official accounts on both Twitter and Instagram. While RCG Markets does not have a Twitter account.
WikiFX Review
WikiFX has given this broker a low score of 3.41/10.
WikiFX has given this broker a low score of 1.25/10.
Conclusion
RCG Markets and FBK Markets are owned by the same group. WikiFX has recently received many complaints about FBK Markets from traders, which means RCG Markets is not safe to invest in either. We advise traders to do more research and make themselves comfortable before putting money into these two brokers.
Gold prices have been fluctuating recently, influenced by multiple factors. Since the beginning of 2025, gold has risen by 11%, hitting new historic highs multiple times in the first quarter.
Market takes a hit: a trillion naira wiped out—what happened?
The dollar faces its biggest decline of the year, strong-dollar logic challenged.
Oil prices have come under pressure amid mounting concerns over U.S. import tariffs and rising output from OPEC+ producers. With tariffs on key trading partners and supply increases dampening fuel demand expectations, investor appetite for riskier assets has cooled. This shift in sentiment poses a range of implications for different segments of the investment landscape.