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RTSGOLD-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-02-18 21:33

Abstract:RTSGOLD is an investment platform registered in the United Kingdom that focuses on trading gold. The platform offers a range of investment plans with low minimum investment thresholds, starting at $1, and claims to provide high returns, with a rate of return of 0.18% hourly. However, it operates with an unauthorized NFA regulation.

RTSGOLD Review Summary
Registered Country/Region United Kingdom
Regulation NFA (Unauthorized)
Market Instruments Gold
Minimum Investment $1
Rate of Return 0.18% (hourly)
Trading Platforms Meta Trader 4
Customer Support Email: services@rtsgold.com
Live Chat

What is RTSGOLD?

RTSGOLD is an investment platform registered in the United Kingdom that focuses on trading gold. The platform offers a range of investment plans with low minimum investment thresholds, starting at $1, and claims to provide high returns, with a rate of return of 0.18% hourly. However, it operates with an unauthorized NFA regulation.

RTSGOLD's homepage

Pros & Cons

Pros Cons
  • Diverse Investment Plan
  • Unauthorized NFA Regulation
  • Reliable Trading Platform
  • Unrealistic Rate of Return
  • Low Minimum Investment

Pros:

  • Diverse Investment Plan: RTSGOLD offers a variety of investment plans, allowing investors to choose the suitable plan.

  • Reliable Trading Platform: The platform reportedly utilizes Meta Trader 4, a widely recognized and used trading platform.

  • Low Minimum Investment: With a minimum investment of $1, RTSGOLD provides accessibility to a wide range of investors.

Cons:

  • Unauthorized NFA Regulation: The current status of NFA regulation is unauthorized, indicating risks in operation.

  • Unrealistic Rate of Return: The huge rate of return is unrealistic. High promised returns often indicate scams.

Is RTSGOLD Safe or Scam?

RTSGOLD, licensed with the Common Financila Service License of No.0541512, operates under the unauthorized NFA regulation. Additionally, it claims to offer an hourly return of 0.18%, which is exceptionally high and unsustainable in the long term. Such promises of high returns are often indicative of investment scams. And there is a lack of transparency about RTSGOLD's company information and investment strategies, making it difficult to assess the risks and returns.

We can not definitively label RTSGOLD as safe or a scam. However, investing with RTSGOLD carries significant risks and is highly discouraged.

unauthorized NFA license

Market Instruments

RTSGOLD specializes in trading gold. With a track record of preserving and enhancing wealth, gold is a reliable choice for investors seeking long-term value.

About company

Investment Plans

RTSGOLD offers 4 investment plans.

Every hour: Investors can invest $1 to $500,000, earning 0.18% every hour for 2500 hours.

Every day: Investors can invest $1 to $500,000, earning 4.6% daily for 120 days.

Every week: Investors can invest $1 to $500,000, earning 33.5% weekly for 20 weeks.

Every month: Investors can invest $1 to $500,000, earning 150% monthly for 6 months.

Investment Plans

All plans accept the investment ammount ranging from $1 to $500,000. But the claimed returns across all plans are exceptionally high and unrealistic in the long term and far exceed what is possible through legitimate investment strategies.

How to Open a RTSGOLD Account?

Follow these steps to set up your account if you want to open an account.

Step 1: Click on the “Create account” or “Register” button.

Navigate to the platform's website and initiate the account creation process by clicking on the designated “Create account” or “Register” button.

Click on the Create account“ or Register” button

Step 2: Provide the required information.

Fill in your essential details, including your full name, email address, country and mobile phone, then create a secure password and confirm it.

fill in required info

Step 3: Complete the registration.

Finalize the registration process by clicking the “Register” button. This action submits your information and completes the account creation procedure.

Step 4: Start your investment.

Now you need to fund your account by making a deposit. Then you can start your investment.

Start your investment

Trading Platforms

RTSGOLD operates on the MetaTrader 4 (MT4) trading platform. MetaTrader 4 is a popular and widely used platform in the financial industry, known for its user-friendly interface and advanced trading features. MT4 allows traders to access a wide range of financial instruments, execute trades, analyze market data, and use automated trading strategies through Expert Advisors (EAs).

MT4

Deposits & Withdrawals

RTSGOLD offers a swift withdrawal process, allowing users to withdraw funds using JazzCash, EasyPaisa, Bank Transfer, and Crypto. The platform prioritizes processing withdrawals quickly, understanding that time is of the essence when it comes to accessing your funds. However, the information about deposits is lacking.

fast withdrawal

Customer Service

RTSGOLD provides customer service to assist users with any questions, concerns, or issues they may have. The platform offers customer support through email at services@rtsgold.com and through live chat. You can also go to their office to search for help.

contact details

Conclusion

While RTSGOLD may present some seemingly attractive features like diverse investment plans and a familiar platform, the cons significantly outweigh the pros. The lack of regulation, unrealistic returns, and limited information pose substantial risks. We strongly advise you carefully research RTSGOLD and consider alternative investment options with stronger regulatory oversight and clearer information.

Frequently Asked Questions (FAQs)

Q: Is RTSGOLD regulated?

A: No, the NFA regulation is unauthorized.

Q: What is the minimum investment amount for RTSGOLD?

A: $1.

Q: What trading platform does RTSGOLD use?

A: Meta Trader 4 (MT4).

Q: What withdrawal methods are available on RTSGOLD?

A: RTSGOLD offers withdrawals via JazzCash, EasyPaisa, Bank Transfer, and Crypto.

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.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

LeverageBrokerCommissionCurrency PairDealer

Related broker

No Regulation
RTSGOLD
Company name:RTSGOLD GLOBAL LIMITED
Score
1.49
Website:https://www.rtsgold.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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