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Does RCG charge any undisclosed fees when you make deposits or withdrawals?

Broker Issues
RCG
Fees and Spreads
02-25
United States
WikiFX
Reply

As someone who approaches every broker with great scrutiny, especially given the heightened risks in forex and futures trading, my first concern with RCG is the lack of regulatory oversight. In my years of experience, brokers that are not regulated, like RCG, automatically require much more caution from my perspective. Unfortunately, based on the data available, there is no transparent or detailed disclosure about RCG's deposit or withdrawal fee structure. When a broker does not present clear information about fees, especially those tied to client funds' movement, that's a major red flag for me. In my own trading, I prioritize brokers who have explicit, easily accessible documentation on all transaction fees. The absence of this with RCG means that, while I cannot confirm the presence of hidden fees, I also cannot assure other traders that their deposit and withdrawal processes will be straightforward or cost-free. This uncertainty around basic fund operations can introduce financial surprises, which is unacceptable for me as I always aim to manage risk comprehensively—not just in my trades, but in my dealings with a broker as well. Given RCG’s unregulated status and “suspicious scope of business” warning, my strict personal policy would be to stay clear unless or until comprehensive, verifiable fee information is published directly by the company. This helps safeguard my capital and ensures no unwelcome surprises when accessing my funds.

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