Revealing Dark Secrets of RCG Markets: Fake Bonuses, Manipulated Spreads & Withdrawal Denials

Lured into trading by RCG Markets with fake bonus schemes? Are manipulated and widened spreads draining your capital? Do you have to wait endlessly to receive withdrawals? These are obvious signs of a potential scam that may hit you. Many forex traders face these issues when trading through RCG Markets. Their frustration over these incidents has become evident on several broker review platforms. We scanned their reviews and presented some of them in this article. Keep reading to know the reviews.

Negative Trader Reviews Against RCG Markets

Fake Bonuses That Trap Traders

RCG Markets lures traders with fake bonus schemes that turn out to be unusable. It is just a trick to invite more trades. Here are two traders who made this shocking claim against RCG Markets.

Widened Spreads & Trading Manipulation

RCG Markets make life difficult for traders by putting spreads way higher than the market standard. It further bothers to see a high spread even during low volatility times. While that holds, the sudden closure of positions despite adequate margin and equity poses a serious question over the operational methodology adopted by the broker. This is one extensive accusation made by a trader. Take a look.

Withdrawal Denials & Poor Customer Support Service

Traders have to wait endlessly for withdrawals, which is a massive issue. However, what concerns traders more is the lack of response from the customer support system. The profits stay locked in the platform as traders lose sleep over it. There are multiple complaints about withdrawal denials. Sharing some of the complaint screenshots.

The Score for RCG Markets

The growing trader complaints on withdrawals, bonus schemes, high spreads and trade manipulation are against the principles of fair forex trading. These allegations thus do not put RCG Markets in a good light. In view of the complaints and prevailing trading risks, the WikiFX team has given it a score of 2.31 out of 10.

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