RXK Capital Review – Watch Out For This Unregulated Forex Broker

Is RXK a Forex and Crypto Broker?

RXK Capital Forex broker is a great opportunity for investors. RXK Capital Forex broker claims it offers the best trading conditions anywhere in the world. Its mission is customer satisfaction. It’s a charming story, but without supporting evidence, it’s not worth much.

After we had checked the RXK Capital regulation section of the brokerage, they openly admitted that they were not licensed. They claim that you can still invest with them as they adhere to AML and KYC policies. They claim that they have no evidence of compliance, but they will rely on their word.

The brokerage firm provides services in the EEA area and should therefore comply with ESMA rules concerning a leverage limit of 1:30. The regulatory regime is directly violated by the fact that the investment company offers Forex market services up to 1:150. How can you trust such a broker to properly manage your money?

RXK Capital provides offshore trading services. The company does not have a valid trading license. Major withdrawal problems are the focus of negative reviews.

Are RXK Capital Scam Victims Living in Canada?

RXC Capital scams are widespread. The firm does not have any financial regulations and provides services around the world. RXK Capital is the source of most RXK Capital complaints.

• Germany
• UK
• Sweden

This website has been in operation since June 2022, and has defrauded many. We would appreciate any information you may have about this company and its operations.

How does this scam company find victims?

Broker RXK Capital, like many financial fraudsters, started its trading scam through fake marketing campaigns. False advertisements are posted by the company via Facebook, Instagram and Google showing how customers can earn thousands of dollars in a matter of days.

Clicking on a link will lead to you giving your email and phone number to the phony company. This can result in unsolicited calls and fraudulent offers.

Broker employees might add you to private Telegram or WhatsApp groups. This will show you fake success stories and trading signals. Once they convince their clients that you are their priority client, they will make you deposit more.

Even if they have never met you, they may be able to reach you via fake social media profiles on YouTube and Instagram, Facebook, LinkedIn, or Facebook. LinkedIn is a business network and brokers use it to increase their credibility and prove that they are real financial advisors.

RXK Capital Managers Work – Luring You Into a Scam

Broker employees will force you to deposit immediately if they can get hold of you via any communication channel. These boiler room agents are known for their aggressive marketing strategies and promising high returns. This is a clear sign that they are fraudsters.

Take your time to review the offer if you are approached by such a firm. Do not give in to their pressure and do not allow them to create fake urgency. The investment opportunity is always there if it’s real.

Examine all of the promises that you are being offered and decline any offer that sounds too good to true.

RXK Capital Trading Platform

RXK Capital’s trading platform claims to be easy-to-use. This is usually a negative sign as it indicates that the platform has limited features and is easy to use. After creating an account, we had access to the basic WebTrader.

It is a simplified trading program that does not include any advanced tools. It does not include advanced technical indicators or EAs. RXK Capital login via a mobile app is the only thing that is positive.

Brokers don’t have access to third-party trading platforms such as MT4,MT5, or CTrader. This is another indicator of fraud.

RXK Capital Trading Instruments: What Can I Trade

Registering with this broker will give you access to five markets:

• Currency pairs – EUR/USD, GBP/CAD, NOK/SEK
• Indices – AU200, DAX30, NIKKEI225
• Shares – Alibaba, Netflix and Meta
• Cryptocurrencies – BTC, USDC, SHIBA
• Commodities – gold, palladium, soybeans

Fees and spreads

Although the spread is described as raw, we only saw 0.2 pip for EUR/USD pair. The spread is solid, but it is lower than the average. The broker may charge a commission of between 2-10% on profits, depending on which RXK Capital account type you have.

This is not a good idea as you could lose up to 10% just for choosing an unregulated trading scam.

Premium Account Privileges

If you have a Premium account, withdrawal requests cannot be made within the first 90 day. You can withdraw the following amounts from a Premium account:

• Segregated account
• Supervision of funds
• Expert in personal trade
• Volume cashback

The first two are included with every account if the broker is legitimate. It’s not a privilege, but it should be a legal requirement.

Negative Balance Protection

License providers impose negative balance protection as a safety precaution. This protects you from falling into debt and losing more than you originally deposited.

Negative balance protection is not available because we already have confirmation about RXK Capital’s illegal status. You could end up owing millions to them instead.

RXK Capital Demo Account – Can I Trade For Free?

RXK Capital Demo account not available After you create an account, you can view the platform. However, if you attempt to place trades on the platform, you will be informed that your balance is not sufficient.

To test the system, you will need to make a deposit out of your pocket. You’ll be shocked to learn that withdrawals are almost impossible with this scam.

How do I withdraw money from RXK Capital

According to the website RXK Capital withdrawals are possible using:

• Credit/debit card
• Wire transfer

We tried to verify this but were told that we should wait to be contacted by an account manager. Your account will also be subject to a withdrawal fee of 5% for credit cards.

RXK Capital reviews revealed that clients who wanted to withdraw funds were repeatedly asked for documentation to verify their accounts. None of these photos was satisfactory. This article will explain how legal it is to refuse a withdrawal request.

Are there any RXK Capital Deposit bonuses?

RXK Capital bonuses are available for all account types. They range from 2,500 to 250,000 EUR. You can’t withdraw if you accept a bonus like this.

Another way to get inexperienced investors is by offering bonuses. This is the final attempt to get traders to fall for a scam, and to pressure them into making larger deposits in order to reach the volume faster.

What is a chargeback?

Chargebacks are a way for your bank to recover funds from the merchant. We recommend that you contact us immediately to begin the process. We will have a free consultation to discuss how we can recover your money right away!

RXK Capital: Video

Below you will find a short video about RXK Capital. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about RXK Capital!