RCG Markets

RCG Markets was established in 2018 and is a financial service provider based in Johannesburg, South Africa. RCG Markets' mission is to offer the highest quality services while creating an environment that fosters confidence and independence among its clients through cutting-edge technology.

Background History

RCG Markets was founded in 2018 by Tirhani Shibanda as RCG MARKETS (PTY) Ltd, offering forex, commodities, indices, and cryptocurrencies.

RCG Markets Products and Services

Trading Platforms

- MetaTrader 4 (MT4) - Desktop, Mobile (iOS and Android), Web

- MetaTrader 5 (MT5) - Desktop, Mobile (iOS and Android), Web

- Proprietary Web-Based Platform

Account Types

- Standard Account: For beginners and experienced traders providing competitive spreads but no commissions.

- ECN Account: For advanced traders providing raw spreads with commissions.

- Islamic Accounts: Swap-free accounts in accordance with Sharia law.

Instruments

- DFX: Forex offers more than 60 currency pairs at all levels.

- Commodities: Gold, Silver and Oil

- Indices: S&P 500, NASDAQ, DAX

- Crypto: Bitcoin, Ethereum and Litecoin

Instruments Will Also Be Offered As

- Multiple language support, quick execution times, and low-latency execution

RCG Markets regulatory compliance

- Financial Sector Conduct Authority (FSCA) - License Number FSP 49769

Trading Conditions & Technologies offered by RCG Markets

Trading Conditions

- Standard Account (EURUSD Spread from 1.0) and ECN Account (Raw Spread of 0.0)

- Up to 1:500 Leverage - minimum deposit of $100 regardless of account type; no commissions for the Standard Account; commission for ECN Account of $3 per lot per side (Round Turn).

Technologies offered by RCG Markets

- MetaTrader 4 - Available on Desktop, Mobile (iOS or Android), and on the Web. Provides Access to Charting; Advanced Technical Analysis; Automated Trading Systems.

- MetaTrader 5 - Available on Desktop, Mobile (iOS or Android), and on the Web. Provides Enhanced Tools, Additional Timeframes, and the Economic Calendar.

- RCG Markets Proprietary Platform provides an easy-to-use interface and a multi-language support system with the option of One-Click CPR Order Entry.

Fee Structure

- Deposit Fees: No Fee for Bank Transfer, Credit or Debit Card, Wallet

- Withdrawal Fees: No Fees for withdrawals = Minimum amount $50

- Commission: No commission for Standard Accounts, $3 per lot per side for ECN Accounts, and $50 monthly Inactivity Fees after 12 months of inactivity.

- Additional Fees: There are no account maintenance fees; however, RCG Markets may charge overnight swap fees.

User Experience & Market Reputation

RCG Markets is establishing a positive Reputation across much of Africa for offering user-friendly Trading Platforms and it offers 24/7/365 Customer Service. There have been some questions raised about allowing long period withdrawal of funds and limited Regulatory Coverage outside of South Africa.

In terms of compliance with the RCG Markets Rules and Regulations, no Major Violations have been reported through November 2025.

Recent Developments

2024: Launched new Educational Tools and Mobile Trading Platforms upgdated.

2025: Expanded Crypto Offering & Investments; RCG Markets will continue to further develop its Compliance & Risk Management Programs.

Summary and Conclusion

RCG Markets is a Truly Innovative Broker that caters to the African Market but intends to expand their global reach as the brand continues to grow. RCG Markets provides Commerce with a comprehensive selection of Products, Flexible Accounts with competitive commission structures, Robust Platforms supported by FSCA Regulatory Oversight as well as Alternative Investment Training Resources. RCG Markets further has distinct opportunities to grow and develop through Regulatory Expansion as well as enhancing withdrawal speeds to clients.