RC Bankers Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-26 17:48

Abstract：Founded in 2020, RC Bankers was registered by Royal Chartered Bankers in Kuwait. It offers various trading assets, including forex, shares, metals, energies and indices. Besides, it also provides the most popular trading platform MT5. However, it is not regulated.

RC BankersReview Summary
Founded	2020
Registered Country/Region	Kuwait
Regulation	Not regulated
Market Instruments	Forex, shares, metals, energies and indices
Demo Account	✅
Leverage	Up to 1:200
Spread	From 0.0 pips
Trading Platform	MT5
Min Deposit	$100
Customer Support	Tel: +965 22070054
	Email: support@rcbankers.com
	Social media: X, Facebook, Instagram
	Address: Block 5 - Tower plot 43- 8th floor- Aqeila- Kuwait

　　Founded in 2020, RC Bankers was registered by Royal Chartered Bankers in Kuwait. It offers various trading assets, including forex, shares, metals, energies and indices. Besides, it also provides the most popular trading platform MT5. However, it is not regulated.

Pros and Cons

Pros	Cons
Various trading assets	Not regulated
Multiple account types	No MT4
Offer demo accounts	Many popular payment options are not supported
Flexible leverage ratios
Commission-free for Royal and Pro accounts
Popular trading platform MT5
Free deposits and withdrawals

Is RC Bankers Legit?

　　Royal Chartered Bankers claims it is a company incorporated and existing under the laws of the Autonomous Island of Moheli with registration number HY0042032. However, it is not regulated by any financial authorities. Traders should be cautious.

What Can I Trade on RC Bankers?

Tradable Instruments	Supported
Forex	✔
Shares	✔
Metals	✔
Energies	✔
Indices	✔
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　RC Bankers five account types: Royal, Pro, Elite, Robo and Corporate. Demoaccounts are also offered.

Account Type	Min Deposit
Royal	$100 - $1 000
Pro	$1 000 - $5 000
Elite	$5 000+
Robo	$1 000+
Corporate	$20 000+

Leverage

　　The leverage of RC Bankers varies by different account types.

Account Type	Max Leverage
Royal	1:1, 1:100, 1:200
Pro	1:1, 1:100, 1:200
Elite	1:1, 1:100
Robo	1:100
Corporate	Custom tailored

　　It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

　　RC Bankers's minimum spread starts from 0.0 pips. And there is no commission fees for Royal and Pro accounts.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop, IOS, Android, Web	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

Deposit Options

Deposit Option	MinDeposit	Fee	Processing Time
VISA / Mastercard	$100	0%	Instant
WARBA BANK			2-5 working days
GULFCOIN
PERFECT MONEY
ASIAHAWALA
ZAIN CASH			Up to 24 Hours
BIILZ	/		in real-time