Abstract:Based in Saint Vincent and the Grenadines, Rizq Capital is an online trading broker for 2024 with a quite small working history. Though not regulated, this broker provides popular financial products like forex, commodities, indices and shares. The company's minimum deposit criteria call for $100.
Currently, the official Rizq Capital website(https://rizqcapital.com) is unavailable to open.
Rizq Capital Review Summary | |
Founded | 2024 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Forex, Commodities, Indices, Shares |
Demo Account | × |
Leverage | Up to 1:200 |
Spread | From 2.5 pips (Standard), 2 pips (Elite), 1.5 pips (Pro) |
Min Deposit | $100 (Standard), $2,500 (Elite), $10,000 (Pro) |
Customer Support | Phone: +92 300 0900038 |
Email:support@rizqcapital.com | |
24/7 Online Chat:No | |
Physical Address: Not provided |
Based in Saint Vincent and the Grenadines, Rizq Capital is an online trading broker for 2024 with a quite small working history. Though not regulated, this broker provides popular financial products like forex, commodities, indices and shares. The company's minimum deposit criteria call for $100.
Pros | Cons |
Offers high leverage (up to 1:200) | Unregulated |
Provides different account types | High minimum deposit requirements ($100 - $10,000) |
Wide spreads (from 2.5 pips) |
Rizq Capital is unregulated.
Rizq Capital offers forex, commodities, indices, and shares.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Shares | ✔ |
Rizq Capital offers 3 types of trading accounts: Standard, Elite, and Pro. The company does not offer a demo account or Islamic accounts.
Account Name | Min Deposit | Max Leverage | Min Spread |
Standard | $100 | 1:200 | From 2.5 pips |
Elite | $2,500 | 1:200 | From 2 pips |
Pro | $10,000 | 1:200 | From 1.5 pips |
The leverage of Rizq is up to 1:200.
For the Standard account, Rizq Capital provides wide spreads starting at 2.5 pips; for the Elite account, 2 pips; for the Pro account, 1.5 pips. It doesn't mention about the commissions.
Account Type | Min Spread | Commissions |
Standard | From 2.5 pips | Not listed |
Elite | From 2 pips | Not listed |
Pro | From 1.5 pips | Not listed |
Rizq requires a minimum deposit of $100. But it charges $10,000 for Pro account and $2,500 for Elite account. It doesn't mention the deposit and withdrawal fees and methods.
HYCM is an online broker offering a wide variety of market instruments. WikiFX reviewed HYCM a few years ago. However, we wonder if this broker is still reliable in 2024 and the coming 2025. WikiFX has made a comprehension review of this broker to help you better understand the truth.
Robinhood to introduce options trading in the UK by 2025 following FCA approval. Discover how this expansion aligns with Robinhood's strategy for global growth and new features.
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Markets4you, is a global forex broker launched in 2007. It was established in the British Virgin Islands. This broker offers its global traders various market instruments.