RCG Markets offers 4 major accounts: Classic, Raw. ECN and Royal 100. The raw spread account can be of two types: Raw Spread metatrader, and Raw Spread Ctrader account. The Standard account is spread-based, while the Raw Spread account is commission-based. Additionally, based on client type (Client profile), RCG Markets offers a good number of account types:
Below is the full list of account types offered by RCG Markets :
- Classic
- Raw
- ECN
- Royal 100
Spread only Account: Best for Beginners
RCG Markets Spread only accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.
RCG Classic Account:
Key Features
- Applicable For: Applicable for all jurisdictions including FSCA
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex ,Indices, Share,Commodities and Energies.
- Trading Platforms: MT4
- Minimum Deposit: R50
- Maximum Leverage: 1:2000
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1.5 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 100 Lots
- Funding Currencies:
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 40%
- Negative balance Protection: Yes
- Investor Protection: Available under CIMA and FSCA regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
RCG Raw Account:
Key Features
- Applicable For: Applicable for all jurisdictions including FSCA
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex ,Indices, Share,Commodities and Energies.
- Trading Platforms: MT4
- Minimum Deposit: R50
- Maximum Leverage: 1:500
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.0 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 100 Lots
- Funding Currencies:
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 40%
- Negative balance Protection: Yes
- Investor Protection: Available under CIMA and FSCA regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
RCG ECN Account:
Key Features
- Applicable For: Applicable for all jurisdictions including FSCA
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex ,Indices, Share,Commodities and Energies.
- Trading Platforms: MT4
- Minimum Deposit: R50
- Maximum Leverage: 1:1000
- Trading Fees: Commission $7 per lot. Variable spreads from 0.0 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 100 Lots
- Funding Currencies:
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 40%
- Negative balance Protection: Yes
- Investor Protection: Available under CIMA and FSCA regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
RCG Royal 100 Account:
Key Features
- Applicable For: Applicable for all jurisdictions including FSCA
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: Forex ,Indices, Share,Commodities and Energies.
- Trading Platforms: MT5
- Minimum Deposit: R50
- Maximum Leverage: 1:500
- Trading Fees: Commission $7 per lot. Variable spreads from 1.5 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 100 Lots
- Funding Currencies:
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 40%
- Negative balance Protection: Yes
- Investor Protection: Available under FSCA regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
