WikiFX

Sagot

In my professional experience as a forex trader, I approach the evaluation of brokers with utmost caution, particularly when regulatory clarity is lacking. With RCB, I noted several substantial red flags. The most significant issue is the complete absence of regulation—RCB does not possess a license from CySEC or any other recognized financial authority. In a field where regulatory oversight is fundamental for safeguarding client funds and ensuring fair practices, this fact alone is enough for me to rule out RCB as a viable or trustworthy trading partner. Additionally, RCB has officially ceased all financial activities and banking operations. Their own website confirms they no longer provide any investment or banking services, meaning there is no infrastructure (platforms, products, or client tools) available to even attempt trading. For me, a functioning platform and accessible customer support are non-negotiable prerequisites. Here, the lack of any available trading channels or ongoing support only compounds the risks. Given these facts, I would not consider RCB to be reliable or safe for trading purposes in any capacity. The absence of regulatory status, cessation of business activities, and unavailability of trading products present critical risks to any trader or investor. For my own trading, I would only ever consider regulated brokers with transparent operations, ensuring both my capital and interests are protected.