Score

1.51 /10
Danger

RGCC

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index6.97

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

RGCC · Company summary

RGCC Review Summary
Founded2012
Registered Country/RegionRwanda
RegulationUnregulated
Products & ServicesGrain and cereal trading, warehouse management, grain handling and other additional services
Customer SupportPhone: 0788382552
Email: info@rgccltd.com

RGCC Information

Registered on 2012, Rwanda Grain and Cereal Corporation Ltd (RGCC) is an independent joint-venture partnership, overseen by a Board of Directors. It provides many products and services in the agricultural sector, but it operates without regulatory oversight.

RGCCs homepage

Pros & Cons

ProsCons
Many products and services provided in the agricultural sectorUnregulated
Social media presenceFew products and service options

Pros of RGCC

- Many Products and Services in Agriculture: RGCC offers grain and cereal trading, warehouse management, grain handling and other additional agricultural services.

- Social Media Presence: Accept for phone and email, RGCC also offers Twitter and Facebook, in which traders can learn its information quickly and easily.

Cons of RGCC

- Unregulated: The lack of regulation leads to concerns about product quality and trustworthiness.

- Few Products and Service Options: Though offering many commodities products, it does not offer other products such forex, indices and so on.

Is RGCC Legit?

RGCC is presently operating without valid regulatory oversight. As a result, RGCC does not adhere to an established framework of rules of those institutions and traders have no way to get help when they lose money or are scammed.

Products & Services

RGCC offers their products and services in the agricultural sector:

- Grain and Cereal Trading: RGCC buys grains and cereals at production cost plus a fair margin for farmers. When needed, they purchase grains and cereals at cost plus a reasonable commercial margin.

- Warehouse Management: They lease storage facilities from MINAGRI and other entities, utilizing a warehouse receipting system.

- Grain Handling: RGCC provides grain handling services, including cleaning, drying, sorting, grading, bagging, and labeling.

- Additional Services: RGCC offers market intelligence services, capacity building, business advisory services, and agribusiness skills development. They also manage national strategic reserves.

Products & Services

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: 0788382552

Email: infro@rgccltd.com

Address: Remera, Airport Road RN3, Mathias House, 3rd floor next to Prince House, Kigali- Rwanda

Moreover, clients could get in touch with this broker through the social media, such as Twitter and Facebook.

Conclusion

In conclusion, RGCC specializes in the agricultural sector, offering grain and cereal trading, warehouse management and so on. But it is not regulated by any institution. Besides, compared with regular forex brokers, it does not offer diverse asset classes for traders to choose different products and services.

Q&A

Is RGCC regulated by any financial authority?

No. It has been verified that this broker currently has no valid regulation.

What services and products RGCC provides?

It provides grain and cereal trading, warehouse management, grain handling and other additional services.

Does RGCC offer demo accounts?

No.

Risk Warning

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

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