Like any other sector, the foreign exchange market is rife with fraudulent businesses looking to profit from an increase in internet transactions. As a result, you must consider this while choosing a forex supplier. To assist you, we created this RXKCapital review, which may be used as a checklist of qualities a broker shouldn’t possess.
In a nutshell, RXKCapital is an anonymous broker that operates without licenses or rules, deceives traders with unverified claims, and offers subpar services based on manipulative terms. It has all the telltale signs of a dishonest business that will take advantage of anyone who invests here.
Unlicensed Scam Brokerage
Blacklisted as a Scam by:
Is RXK Capital Regulated?
RXKCapital doesn’t disclose its nation of registration or headquarters address, as we said in the introduction, making it very hard to locate and look up its jurisdictions. This is blatant evidence of fraud. This is a tactic used by scam brokers to hide the fact that they are unregistered and unlicensed enterprises. They may engage in dishonest economic practices in this way and get away with it.
Warnings From Financial Regulators
Till now RXK capital has not received any warning from any financial institutions, but it has been under service.
What kind of currency pair do they offer?
In addition, this shady broker assures clients that they will have access to more than a thousand trading goods across the marketplaces listed below.
- Forex: USD/CAD, AUD/NZD, GBP/EUR
- Crypto: Bitcoin, Dogecoin, Litecoin
- Metals: gold, aluminum, silver
- Commodities: natural gas, crude oil, rice.
They don’t have any active customer support service. You cannot even find any kind of contact number on their website. Just an email address to which no one replied never.
What To Do If You Get Scammed by RXK Capital?
If you are a victim of RXK capital, contact us with the details. We will provide you with a free consultation and will guide you on the course of recovering your money.
File A Complaint Against Scam Broker's
Trading Method (MT4 or MT5)
RXKCapital’s trading platform is an online trader with some common features that might satiate beginners. Even if the RXK trading platform were excellent, you would still be at risk due to the broker’s dishonest business practices. This broker makes the promise that its platform can provide stop loss, quick execution, accessibility, numerous charts, and limitless pending orders, but this is just another bunch of untruths.
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What Do Traders Think Of RXK Capital?
Not a single good review was found on the website or on social media platforms. We found a ton of bad reviews complaining about their account freezing problems,
If you were an unwitting victim of RXK Capital, don’t be ashamed to share your unpleasant story and aid others in avoiding becoming victims like you. RXKCapital hasn’t been banned yet, but that will happen as soon as it is uncovered.
- Can I make money with RXK Capital?
No, as RXK Capital is an unlicensed and unregulated broker, this is not possible to make money with RXK Capital. If you think you can, read the whole review and you will understand why this is not possible.
- Can a broker manipulate MT4?
Yes. Even more so than other aspects of the foreign exchange market, MT4 is susceptible to being manipulated. Traders are obligated to exercise caution and maintain a watchful eye as a result.
- Which one is the best trading platform?
MetaTrader 5 is a popular trading platform for foreign exchange (Forex) and particularly contracts for difference (CFDs). It is more powerful than the MetaTrader 4 platform, featuring improved social and copy trading functions, as well as improved functionality for backtesting and analysis.
- Can I buy forex without a broker?
It doesn’t matter if you’ve traded on other markets before or if you’ve never traded at all; the volatility of the forex market is a very unique environment that takes some getting used to. Understanding it will take some time. Trading foreign exchange, on the other hand, is open to anyone who is willing to educate themselves about the market, devise a trading strategy, and gain experience in the industry.
- What to do if the police denied taking my scam case?
If they deny taking the case, we are here to help you. You can submit the report to us and we will help you on recovering the lost funds.