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A regulator warning has been issued by Canadian authorities against RGT Markets in September 2023
If you are looking for a reliable and trustworthy online broker, you might have come across RGT Markets. RGT Markets is a forex and CFD broker that claims to offer competitive trading conditions, fast execution, and excellent customer service. But is RGT Markets legit or a scam? In this review, we will examine the features, advantages, and disadvantages of RGT Markets and help you decide if it is the right broker for you.
What is RGT Markets?
RGT Markets is an online broker that was founded in 2018 and is based in St. Vincent and the Grenadines. The broker offers trading in various instruments, including forex, commodities, indices, stocks, cryptocurrencies, and ETFs. RGT Markets provides access to the popular MetaTrader 4 platform, as well as a web-based platform and a mobile app. The broker also offers various account types, ranging from the Basic account with a minimum deposit of $250 to the VIP account with a minimum deposit of $50,000. The broker claims to have low spreads, high leverage, and no commissions on most trades.
What are the pros and cons of RGT Markets?
- A wide range of trading instruments to choose from
- Access to the MetaTrader 4 platform, which is one of the most popular and user-friendly platforms in the industry
- A web-based platform and a mobile app for convenient trading on the go
- Various account types to suit different trading styles and preferences
- Educational resources and market analysis to help traders improve their skills and knowledge
- Customer support available 24/5 via phone, email, and live chat
- The broker is not regulated by any reputable authority, which means that traders have no protection or recourse in case of any issues or disputes
- The broker has received some negative reviews and complaints from customers who claim that they have experienced withdrawal problems, hidden fees, poor execution, and aggressive marketing tactics
- The broker does not accept clients from some countries, such as the USA, Canada, Japan, and Australia
- The broker does not offer a demo account or a free trial period for new customers to test their services before investing real money
Is RGT Markets legit or a scam?
Based on our research and analysis, we cannot recommend RGT Markets as a legit and trustworthy broker. The main reason for this is that the broker is not regulated by any reputable authority, which means that traders have no guarantee of safety or security of their funds or personal information. Furthermore, the broker has received some negative feedback from customers who claim that they have encountered various issues and problems with the broker’s services. Therefore, we advise you to be cautious and avoid RGT Markets if you are looking for a reliable and reputable online broker.
What to Do If You’ve Lost Money with RGT Markets?
If you have been scammed by RGT Markets or any other broker, you’ll want to seek assistance from brokercomplaintregistry.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Brokercomplaintregistry.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.