Up to now, the RCE Banque’s name filled up regulatory databases from all over the globe. Since we rarely had a chance to examine such fraud, we got on to work immediately.
Our detailed RCE Banque review is a product of our hard work and the authority’s attention. Let’s begin this investigation together.
Another proof that this information cannot be accurate is the lack of RCE Banque regulation. Any investment firm operating from the UK must be under strict FCA supervision. As one of the firmest authorities around the globe, the Financial Conduct Authority has already warned against the RCE Banque scam.
In addition, they mention F1Markets Limited in the disclaimer. This is a Cyprus-based firm known as the owner of brands such as Investous and EuroPrime. Of course, it has nothing to do with our fraudulent site.
Finally, the company shared with us an address in Saint Vincent and the Grenadines. SVG has no license provider overseeing the Forex market. Instead, companies must obtain a permit in the country of service, which RCE Banque hasn’t done.
We’ve checked where this financial swindler is finding its victims. Like most scammers, it operates through fraudulent ads placed via social media and Google Ads. Their main target areas are the following countries:
However, this is far from the complete list. As you can tell from the warnings above, lots of countries have been targeted, and there are many victims from around the globe. Don’t fall for the scam and avoid anything with RCE Banque in its name.
Additionally, RCE Banque is mentioned on Reddit and not for good. People losing money are elaborating on how they were scammed and could not withdraw thousands of euros.
RCE Banque trading platform can be downloaded directly from the broker’s website. You can choose between desktop and mobile apps, and you’ll get access to proprietary software.
However, here’s the thing. When a company uses software they developed or explicitly ordered for their firm, they can access the back door. Simply said, they can manipulate trades, make it seem as if you earned or lost tons of money, and ask for additional funds based on it. They can put you in a margin call or pretend you’re doing so well that it would be a shame not to add another couple of thousands of euros.
We never advise such software, especially not over third-party platforms like MT4, MT5, or cTrader. Each of these has millions of users and is far more reliable. Not to mention more advanced features.
At the bottom of the website, you will find links for Android and iOS mobile apps. These are proprietary as well, based on the desktop version. Therefore, the same issue with trade manipulation stands.
You will notice a lot of text on the broker’s website, but most of it is irrelevant. They’re trying to convince you that you’re trading with a great brokerage existing since 2014, allowing you to explore the world of trading through various assets. But nowhere do they list them.
On the platform, we found the following:
We know nothing about leverage, fees, or commissions the company charges, so be wary.
We struggled to find the RCE Banque account types list in the first place. The company names its plans and offers the following:
The minimum deposit is called “refill,” so we’re unsure if you need to refill your account at specific intervals or how it functions. We do know, however, that each higher account brings more bonuses, better spreads, and more assistance from the company side.
RCE Banque Demo account is not available. The company requires you to invest immediately, so they’d prevent you from seeing the offer before they trap your money. Nothing unusual for fraudsters, but another red flag.
There’s no RCE Banque Withdrawal Policy, but the firm has a Refund Policy. According to it, payments are made to Safe Investment Group LLC, an entity not mentioned in other parts of the website.
Customers can use the following payment options:
However, withdrawal fees or time frames are not specified. In fact, we don’t even know how you can submit a request or anything remotely valid. Almost as if they don’t want you to think of payouts.
In case you fell for the RCE Banque scam, don’t be too hard on yourself. It can happen to the best of us. It’s important to take steps to recover what’s rightfully yours.
You can request a chargeback within up to 540 days. If you’re unsure where or how to begin the process, contact Global Fraud Protection. We’ll be happy to investigate your case during a free consultation and assist with the matter.
RCE Banque is not a legitimate broker, and you should most definitely avoid it. If you have already paid any money, contact us for help with the refund process.
RCE Banque doesn’t offer its clients a risk-free Demo account.
This trading firm requires a minimum deposit of $250 for the Base account.
RCE Banque is not a legitimate broker, and you should most definitely avoid it. If you have already paid any money, contact us for help with the refund process.
RCE Banque doesn’t offer its clients a risk-free Demo account.
This trading firm requires a minimum deposit of $250 for the Base account.
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