RXBT
Abstract：Registered in 2020, RXBT is an unregulated financial company based in the United Kingdom. It claims to provide Forex, CFDs on stocks, indices, commodities, and cryptocurrencies via MT4.
Note: RXBT's official website: https://rxbt.net/ is currently inaccessible normally.
| RXBT Review Summary | |
| Founded | 2020 |
| Registered Country/Region | United Kingdom |
| Regulation | No Regulation |
| Market Instruments | Forex, CFDs on stocks, indices, commodities, and cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platforms | MT4 |
| Minimum Deposit | $100 |
| Customer Support | Phone: +447883311830 |
| Email: info@rxbt.net | |
Registered in 2020, RXBT is an unregulated financial company based in the United Kingdom. It claims to provide Forex, CFDs on stocks, indices, commodities, and cryptocurrencies via MT4.
Pros and Cons
| Pros | Cons |
| / | Non-functional Website |
| Lack of Transparency | |
| No Demo Accounts | |
| No Regulation |
Is RXBT Legit?
At present, RXBT lacks valid regulation. Its domain was registered on Sep 14, 2020, and the current status is “client Transfer Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.
What Can I Trade on RXBT?
On RXBT, you can trade with Forex, CFDs on stocks, indices, commodities, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
RXBT provides the Standard account and the Premium account. The minimum deposit requirement for the standard account is $100.
Leverage
RXBT offers leverage up to 1:500. However, high leverage can amplify both profits and losses.
RXBT Fees
For the Standard accounts, the commission rate is 0.03%, and for the Premium account the commission rate is 0.01%.
Trading Platform
RXBT claims to offer MT4 trading platform for clients.
Deposit and Withdrawal
RXBT supports payment method through credit/debit cards, bank transfers, and electronic wallets.
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