RXBT Spreads, leverage, minimum deposit Revealed

　　Note: RXBT's official website: https://rxbt.net/ is currently inaccessible normally.

　　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

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.

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.