Rizq Capital Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-29 17:46

Abstract：Based in Saint Vincent and the Grenadines, Rizq Capital is an online trading broker for 2024 with a quite small working history. Though not regulated, this broker provides popular financial products like forex, commodities, indices and shares. The company's minimum deposit criteria call for $100.

　　Currently, the official Rizq Capital website(https://rizqcapital.com) is unavailable to open.

Rizq Capital Review Summary
Founded	2024
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex, Commodities, Indices, Shares
Demo Account	×
Leverage	Up to 1:200
Spread	From 2.5 pips (Standard), 2 pips (Elite), 1.5 pips (Pro)
Min Deposit	$100 (Standard), $2,500 (Elite), $10,000 (Pro)
Customer Support	Phone: +92 300 0900038
	Email:support@rizqcapital.com
	24/7 Online Chat:No
	Physical Address: Not provided

Rizq Capital Information

　　Based in Saint Vincent and the Grenadines, Rizq Capital is an online trading broker for 2024 with a quite small working history. Though not regulated, this broker provides popular financial products like forex, commodities, indices and shares. The company's minimum deposit criteria call for $100.

Pros and Cons

Pros	Cons
Offers high leverage (up to 1:200)	Unregulated
Provides different account types	High minimum deposit requirements ($100 - $10,000)
	Wide spreads (from 2.5 pips)

Is Rizq Capital Legit?

　　Rizq Capital is unregulated.

What Can I Trade on Rizq Capital?

　　Rizq Capital offers forex, commodities, indices, and shares.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Shares	✔

Account Types

　　Rizq Capital offers 3 types of trading accounts: Standard, Elite, and Pro. The company does not offer a demo account or Islamic accounts.

Account Name	Min Deposit	Max Leverage	Min Spread
Standard	$100	1:200	From 2.5 pips
Elite	$2,500	1:200	From 2 pips
Pro	$10,000	1:200	From 1.5 pips

Leverage

　　The leverage of Rizq is up to 1:200.

Rizq Capital Fees

　　For the Standard account, Rizq Capital provides wide spreads starting at 2.5 pips; for the Elite account, 2 pips; for the Pro account, 1.5 pips. It doesn't mention about the commissions.

Account Type	Min Spread	Commissions
Standard	From 2.5 pips	Not listed
Elite	From 2 pips	Not listed
Pro	From 1.5 pips	Not listed

Deposit & Withdrawal

　　Rizq requires a minimum deposit of $100. But it charges $10,000 for Pro account and $2,500 for Elite account. It doesn't mention the deposit and withdrawal fees and methods.