Forex RCB Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

RCB Trading Conditions

Registered Region Cyprus

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email rcb@rcbcy.com

Contact Number +357 25 355 722

Website www.rcbcy.com

Balanced Review

Pros & Cons

Pros

Established in 2002 with a long operational history
Diverse trading instruments primarily focused on forex
Multiple account types to cater to various trading needs
Offers popular trading platforms: MT4 and MT5
Customer support available via email and telephone

Cons

No regulation by major financial authorities
Officially ceased all financial operations
Lack of investor protection measures
Limited customer support availability
No active trading platforms or services

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	RCB	XM	InterStellar	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Cyprus	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does RCB Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Standard access to trading instruments	Ideal for those with limited trading experience
Professional Account	Experienced traders	Higher leverage options	Requires proof of trading experience and volume
Corporate Account	Corporate clients	Customized services and features	Requires corporate documentation
Islamic Account	Traders seeking Sharia-compliant options	Swap-free trading	Available upon request
Demo Account	Traders looking to practice	Risk-free trading environment	Suitable for testing strategies before live trading

Account Opening Process

To open an account with RCB, potential clients must complete several steps, including submitting personal, employment, and financial information. Identity verification is a crucial part of this process, which entails providing a valid ID and proof of address. The account structure allows for flexibility, enabling clients to upgrade to a professional account as their trading experience and volume increase.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for majors
Forex (GBP/USD)	1.0	$0	Competitive rates for popular pairs
CFDs (Stocks)	1.5	$5 per lot	Variable spreads
CFDs (Indices)	2.0	$4 per lot	Standard pricing for major indices
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

Potential clients should be aware of various additional fees that may apply, including deposit and withdrawal fees, inactivity fees for dormant accounts, and platform usage fees where applicable. Overnight interest, or swap rates, may also be charged for positions held overnight, along with any currency conversion fees that may arise during trading activities.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

RCB User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

James Thompson

London

★ ★ ★ ★ ★

I faced significant issues with my withdrawal requests. Despite multiple attempts to contact support, I received no clear answers, which left me very frustrated. I wouldn’t recommend RCB to anyone at this point.

Sarah Lee

New York

★ ★ ★ ★ ★

RCB had a smooth trading platform that I enjoyed using. The execution speed was impressive, and I appreciated the various account types available. However, I did have some concerns about their lack of regulation.

Marco Silva

São Paulo

★ ★ ★ ★ ★

My experience with RCB was very disappointing. They officially ceased operations, and I found it impossible to reach customer support for help regarding my account. I lost confidence in them completely.

Emily Chen

Sydney

★ ★ ★ ★ ★

I’ve been using RCB for a while, and I was satisfied with their trading instruments and the MT4 platform. The range of account types suited my trading style well. I had a positive overall experience before they ceased operations.

Cyprus Market