Score
2-5 yearsRegulated in Hong Kong
Type AA License
High potential risk
Add brokers
Comparison
Quantity 11
Exposure
Score
Regulatory Index7.15
Business Index6.24
Risk Management Index0.00
Software Index9.42
License Index7.15
Single Core
1G
40G
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Company Name
Hong Kong Red Lion Capital Limited
Company Abbreviation
RLC
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
Keep urging customer service. How long should I wait for arrival.
I have more than 1,000 yuan in the real account of an APP called Anshengcaifu, which suddenly disappeared and was transferred to the demo account of this broker.
It was promised that the money could be credited to my account within 24 hours, but actually not. It still had to wait for 24 hours, and the customer service staff said I had to wait for the settlement. Withdrawal could not be credited to my account in scheduled time.
It's disgusting. When the spread is 0.01 lots, the price is negative 0.5 to 1.2 US dollars, and the margin is deducted from 0.8 to 1.2 US dollars. Take kickbacks in both directions until your funds are submerged to 0. In the end, they just tricked you into a trap. It is equivalent to buying 1.2+0.8 or 1.2 for you. They'll try their best to trick you.
Spread is too much higher than other companies. How much will I lose if I bought wrong variety. Too fraudulent.
It's a scam platform; they claim a spread of 0.50 but raised the price by an additional 0.30. It is recommended not to trade on this platform to avoid being deceived.
I invested in Xinsheng, but the platform caused me to lose 70,000 yuan through slippage, and my account was also blocked. I asked the platform to refund my money, but they always said they would give me feedback, but they haven't refunded me for a year. Now it has been renamed Red Lion.
My mobile phone is the IOS system, and the network is smooth, but the APP of this platform is super difficult to log in. Every time I close the APP and then open it, I have to log in again, and then sometimes I can log in and sometimes I can't. Today, the network is normal, but I can't log in. I'm so angry, I have to use the APP to withdraw and deposit funds. Isn't it a joke if I can't log in? There is also a website version that can't be found.
Fraud platform. Disconnect the internet when the market is good and the spread is high. It is a ponzi scheme that focuse on scamming rookie
It is former Xinsheng taht changed its name. At that time, there was still some money in the account. But I couldn’t log in to the company’s website. Luckily, I only had very little money. They disappeared without a word and was only found after two years.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
| RLC Review Summary | |
| Registered Country/Region | Hong Kong |
| Regulation | CGSE |
| Market Instruments | London silver, London gold |
| Demo Account | Unavailable |
| Trading Platforms | MT4 |
| Customer Support | Phone, email |
RLC stands for Real-Life Capital. It is a trading platform that specializes in offering trading services for precious metals, particularly London silver and London gold. It is a brokerage firm that allows investors and traders to buy and sell these metals in the financial markets. Traders can analyze market trends, place orders, and manage their positions through MT4. And it is regulated by CGSE, ensuring compliance with regulatory guidelines and providing traders with a secure trading environment.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
| Pros | Cons |
| • Regulated by CGSE | • Demo accounts unavailable |
| • One-stop service | • Limited educational resources |
| • MT4 supported | • Regional restrictions |
There are many alternative brokers to RLC depending on the specific needs and preferences of the trader. Some popular options include:
iGold - A broker who can legally operate electronic trading of 99 Gold, HKD Kilo Gold, Loco London Gold/Silver and RMB Kilobar Gold, and offers trading through the MetaTrader 4 platform.
Bibgold - Areputable electronic trading platform for London gold and silver, regulated by CGSE, offering traders a range of tools and educational resources to effectively navigate the bullion market.
Golday Precious Metals - A broker who specializes in trading and investment of gold, silver, platinum, and palladium.
RLC is regulated by the Chinese Gold and Silver Exchange Society (CGSE), which is the sole exchange in Hong Kong which trades physical gold and silver, and operates in pursuance of section 3 of Chapter 82 of Laws of Hong Kong, under which its operation as a commodity exchange is legally exempted. It also has been in operation for several years, and has received positive reviews from many customers. Based on the information above, RLC appears to be a reliable and trustworthy broker.
However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
RLC offers trading of London silver and London Gold. Trading these metals provides an opportunity for investors and traders to speculate on their price movements and potentially profit from their fluctuations.
London Silver
London silver refers to silver contracts that are traded on the London bullion market. The London market is one of the largest and most influential markets for precious metals trading. Traders can participate in the London silver market through ETB Bullion, allowing them to take positions based on their analysis of supply and demand dynamics, macroeconomic factors, and other market considerations.
London Gold
Similarly, London gold represents the trading of gold contracts in the London market. Gold is widely regarded as a safe-haven asset and is often used as a hedge against inflation or as a store of value. By trading London gold through ETB Bullion, investors can take advantage of price movements in the gold market and potentially benefit from the performance of this precious metal.
RLC offers its clients the MetaTrader 4 (MT4) trading platform, a highly popular and widely-used platform in the financial industry. The MT4 platform is renowned for its user-friendly interface and comprehensive tools for trading various financial instruments, including forex, commodities, stocks, and indices.
RLC's MT4 platform includes a comprehensive suite of order types, offering flexible and convenient trading options. Traders can execute market orders, limit orders, stop orders, and trailing stops to manage their positions effectively. The platform also supports automated trading through the use of Expert Advisors (EAs), allowing traders to implement pre-defined trading strategies or develop their own automated systems.
See the trading platform comparison table below:
| Broker | Trading Platform |
| RLC | MT4 |
| Bibgold | MT4 |
| iGold | MT4 |
| Golday Precious Metals | MT4 |
On our website, you can see that reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
RLC offers transaction details for the trading of London silver and London gold. The details are followed:
| London Gold | London Sliver | |
| Contract Unit | 100 | 5000 |
| Monetary unit | USD | USD |
| Quote decimal points | 2 | 3 |
| Difference | 0.5 USD | 0.04 USD |
| Single trade lot size | 0.01 lots ~ 30.00 lots | 0.01 lots ~ 30.00 lots |
| Lot difference | 0.01 lot | 0.01 lot |
| Minimum pending order distance | 50 | 50 |
| Initial Margin | 2% | 2% |
| Holiday deposit | Double | Double |
| Hedging margin | 1% | 1% |
| Inventory fees | -1.5%/-0.75% | -1.5%/-0.75% |
| Three days interest day | Monday | Monday |
| Trading hours GMT+8 | Monday: 06:00-24:00 Tuesday: 00:00-04:55 06:00-24:00 Wednesday: 00:00-04:55 06:00-24:00 Thursday: 00:00-04:55 06:00-24:00 Friday: 00:00-04:55 06:00-24:00 Saturday: 00:00-04:45 | Monday: 06:00-24:00 Tuesday: 00:00-04:55 06:00-24:00 Wednesday: 00:00-04:55 06:00-24:00 Thursday: 00:00-04:55 06:00-24:00 Friday: 00:00-04:55 06:00-24:00 Saturday: 00:00-04:45 |
| Settlement time | Summer and today: 5 o'clock is the closing time Winter time: 6 o'clock is the settlement time | Summer and today: 5 o'clock is the closing time Winter time: 6 o'clock at the end |
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +852 23927848
Email: cs@rlc9000.com
Address: Flat F, 10/F, Comfort Building, 88, Nathan Road, Tsimshatsui, Kowloon, Hong Kong
10/F Blk F Comfort Building, 86-88A Nathan Road, Tsimshatsui, Hong Kong
| Pros | Cons |
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Note: These pros and cons are subjective and may vary depending on the individual's experience with RLC's customer service.
In conclusion, RLC facilitates the trading of precious metals, specifically London silver and London gold. It offers MT4 where traders can buy, sell, and manage their positions in these metals. In terms of regulation, it is regulated by the Chinese Gold and Silver Exchange Society (CGSE), ensuring compliance with regulatory guidelines and providing traders with a secure trading environment. However, there are some reports of unable to withdraw and scams about RLC. Traders should keep careful when trading.
| Q 1: | Is RLC regulated？ |
| A 1: | Yes. It is regulated by CGSE . |
| Q 2: | How can I contact the customer support team at RLC？ |
| A 2: | You can contact via telephone, +852 23927848 and email, cs@rlc9000.com. |
| Q 3: | Does RLC offer demo accounts？ |
| A 3: | No. |
| Q 4: | Does RLC offer the industry leading MT4 & MT5？ |
| A 4: | Yes. It supports MT4. |
| Q 5: | Is RLC a good broker for beginners？ |
| A 5: | Yes. It is a good choice for beginners because it is regulated well and offers various precious metals with competitive trading conditions on the leading MT4. |
| Q 6: | At RLC, are there any regional restrictions for traders？ |
| A 6: | Yes. RLC does not provide services to citizens/residents of certain jurisdictions including Canada, Cuba, Iran, Iraq, Japan, Myanmar, North Korea, Sudan, Syria, Turkey and United States. |
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2022-10-17 19:07 2022-10-07 16:30
