RCM Capital Markets Review 2026
Regulated broker with real licence numbers.
RCM Capital Markets is a regulated CFD broker founded in 2007. It holds a FCA licence under number 517765.
The basics
RCM Capital Markets was founded in 2007 and is headquartered in London, UK. It is privately owned. The broker offers CFDs on 200 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2007 |
| Headquarters | London, UK |
| Instruments | 200+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
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.
| Regulator | Licence | Entity |
|---|---|---|
| FCA | 517765 ✓ | RCM Capital Markets Ltd |
You can verify the FCA licence at register.fca.org.uk. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
RCM Capital Markets spreads
These are the typical spreads on RCM Capital Markets's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 1 pips pips |
| GBP/USD | 1.3 pips pips |
| USD/JPY | 1.1 pips pips |
| Gold (XAU/USD) | 25c/oz |
| S&P 500 | 0.5pt |
RCM Capital Markets's EUR/USD spread of 1 pips pips is competitive for a retail broker without a per-trade commission.
RCM Capital Markets withdrawal fee and processing time
Fee: None. RCM Capital Markets does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
RCM Capital Markets minimum deposit by entity
The minimum deposit depends on which RCM Capital Markets entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| RCM Capital Markets Ltd | FCA 517765 | $500 | 1:30 |
RCM Capital Markets vs Alvexo
| RCM Capital Markets | Alvexo | |
|---|---|---|
| Primary regulator | FCA 517765 | CySEC 236/14 |
| Min deposit | $500 | $500 |
| EUR/USD spread | 1 pips pips | 1.3 pips |
| MetaTrader | Yes | Yes |
| Instruments | 200+ | 450+ |
| Copy trading | No | No |
| Withdrawal fee | None | Varies |
Both brokers are regulated and legitimate. RCM Capital Markets suits traders who value MetaTrader and algorithmic trading. Alvexo is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| FCA | 517765 — RCM Capital Markets Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules.
Pros and Cons
What works
- FCA regulated — RCM Capital Markets Ltd
- MetaTrader 4 and 5 available
What does not work
- No copy trading
- No real stock ownership — CFDs only
- Inactivity fee: $15/month after 6 months
- Higher minimum deposit of $500
The verdict
RCM Capital Markets is a legitimate, regulated broker. The FCA licence number 517765 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to RCM Capital Markets
If RCM Capital Markets does not fit your needs, these regulated alternatives are worth comparing:
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. RCM Capital Markets holds FCA licence 517765, which is publicly verifiable on the official register.
What is the RCM Capital Markets minimum deposit?
The minimum deposit is $500. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the RCM Capital Markets EUR/USD spread?
The EUR/USD spread on RCM Capital Markets standard accounts is typically 1 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
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. RCM Capital Markets supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.