RCM Capital Markets Review 2026

Open RCM Capital Markets Account → 65% of retail investor accounts lose money when trading CFDs with RCM Capital Markets.
4.0 / 5

A licensed kitchen with real, checkable paperwork.

RCM Capital Markets opened its doors in 2007 and cooks as a regulated CFD broker, carrying FCA licence 517765.

What's on the menu

RCM Capital Markets has been serving since 2007, with the kitchen based in London, UK. The firm is privately held. The order book runs deep: 200 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.

MetaTrader comes plated on every account type. There is no copy-trading option here.

Founded2007
HeadquartersLondon, UK
Instruments200+
PlatformsMT4, MT5
MetaTraderYes, MT4 and MT5
Copy tradingNo
Real stocksNo, CFDs only

Kitchen inspection: is RCM Capital Markets safe?

FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent.

RegulatorLicenceEntity
FCA517765 ✓RCM Capital Markets Ltd

Want to inspect the kitchen yourself? Pull up register.fca.org.uk and look up the FCA licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.

Ready to open an account?

RCM Capital Markets - FCA regulated, min deposit $500, 200+ instruments.

Start Trading at RCM Capital Markets →

Ingredient costs: RCM Capital Markets spreads

Here is what the raw ingredients cost on a standard RCM Capital Markets account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.

EUR/USD1 pips pips
GBP/USD1.3 pips pips
USD/JPY1.1 pips pips
Gold (XAU/USD)25c/oz
S&P 5000.5pt

That EUR/USD figure of 1 pips pips is a fair price to pay on a commission-free account.

The bill: RCM Capital Markets withdrawal fee and timing

Cost to take money out: None. RCM Capital Markets does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.

No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.

The cover charge by entity

The opening deposit at RCM Capital Markets depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.

EntityRegulatorMin depositMax leverage (forex)
RCM Capital Markets LtdFCA 517765$5001:30

RCM Capital Markets vs Alvexo

RCM Capital MarketsAlvexo
Primary regulatorFCA 517765CySEC 236/14
Min deposit$500$500
EUR/USD spread1 pips pips1.3 pips
MetaTraderYesYes
Instruments200+450+
Copy tradingNoNo
Withdrawal feeNoneVaries

Both kitchens hold real licences, so neither is a bad table. Pull up a chair at RCM Capital Markets if you value MetaTrader and running algorithms. Alvexo plates up better for anyone who leans on its particular regulated-entity coverage.

The licences, line by line

FCA517765, RCM Capital Markets Ltd

Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs.

What tastes good, what leaves a bad aftertaste

Cooked well

  • FCA regulated, RCM Capital Markets Ltd
  • MetaTrader 4 and 5 available

Sent back

  • No copy trading
  • No real stock ownership, CFDs only
  • Inactivity fee: $15/month after 6 months
  • Higher minimum deposit of $500

Compare RCM Capital Markets before you commit

4.0/5 rating - FCA regulated - min deposit $500

Visit RCM Capital Markets →

The verdict

Nothing on the plate here is fake: RCM Capital Markets is a genuine, regulated broker, and FCA licence 517765 checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.

Other tables worth a look

If RCM Capital Markets is not quite to your taste, these regulated kitchens are worth comparing:

XM
CySEC regulated · Min $5
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IC Markets
ASIC regulated · Min $200
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Pepperstone
FCA regulated · Min None
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Frequently asked questions

Is RCM Capital Markets safe?

FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent. The kitchen holds FCA licence 517765, and you can confirm it for yourself on the official register.

What is the RCM Capital Markets minimum deposit?

The cover charge is $500 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.

What is the RCM Capital Markets EUR/USD spread?

On a standard RCM Capital Markets account the EUR/USD ingredient runs about 1 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.

How long does RCM Capital Markets take to process withdrawals?

1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.

Does RCM Capital Markets charge withdrawal fees?

None. RCM Capital Markets does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

Does RCM Capital Markets have MetaTrader?

Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.

65% of retail investor accounts lose money when trading CFDs with RCM Capital Markets. CFDs are complex instruments. Consider whether you can afford the high risk of losing your money.