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Overview

RBC Forex was established in 2008. Since its foundation it has been focusing on providing high-quality services in the field of Internet trading.

Currently RBC Forex provides all its regular and potential clients with the most favorable conditions for trading on the international Forex market. Forex traders can be sure that their orders will be conducted on time and without slippage and a fixed spread on major currency pairs will be one of the lowest in the area of Internet trading.

New customers can choose a broker for trading on the Forex market both standard trading account and cent accounts, where the minimum deposit is only 10 cents. In addition, they are provided with the opportunity to take part in the contest The First Deposit, where great Forex bonuses are raffled that allow increasing significantly a trade turnover in case of getting into prizes. Those who are not familiar with the Forex market are supposed to study its history of development, advantages etc, as well as a detailed guide about operations in the popular trading platform MetaTrader 4.

Bonuses

RBC Forex holds regularly the contest The First Deposit on the demo accounts for new customers, where the winner gets a very attractive Forex bonus from the broker and the other prizewinners receive small, but pleasant amounts of money on their real trading accounts. It is necessary to become a client of RBC-Forex to participate in the contest on demo accounts and then register as a participant in The First Deposit. All participants will receive the startup capital of $5,000 on demo accounts and at the appointed time they start trading on the foreign exchange market simultaneously. The contest runs for two weeks and the winner is the trader, who succeeds in getting the highest profit within the allotted time. Participants who show the less profit than the winner will be awarded with consolation prizes.

Distribution of the prize pool:

- the 1st place - 1,000 dollars

- the 2nd place - 14 dollars

- the 3rd place - 13 dollars

- the 4th place - 12 dollars

- the 5th place - 11 dollars

- the 6th place - 10 dollars

- the 7th place - 9 dollars

- the 8th place - 8 dollars

- the 9th place - 7 dollars

- the 10th place - 6 dollars.

RBC Forex pleases its customers with contests extremely rare, but fairly huge Forex bonuses are raffled in them.

The contest Step to the Professionalism is organized at the end of the year and runs for a month. The main goal of the participants is to get the maximum profit within the allotted time. The competition is open to Forex traders, who deposit more than $5,000, but in some cases the application with a smaller deposit are considered. According to the rules of the contest, leverage of 1: 200 should be used for trading on various currency pairs.

Distribution of the prize pool:

- the 1st place - 4,000 dollars

- the 2nd place - 2,000 dollars

- the 3rd place - 1,500 dollars

- the 4th place - 1,000 dollars

- the 5th place - 500 dollars

In addition to the main prize pool, the broker distributes extra 1,000 dollars among all participants of the contest. Participants, who have earned for the period of the contest from 5 to 50 dollars, will receive consolation prizes of $5 from the broker and participants, who have lost funds or their part while trading, will be able to count on the Forex bonuses in the amount of $2-3.

Training

RBC-Forex offers all users to get acquainted with the materials concerning the international Forex market and detailed guide on operations with popular trading platform MetaTrader 4.

Materials about the Forex market:

- what is the Forex market

- participants of the foreign exchange market

- main advantages of the Forex market

- history of its appearance.

Operation with trading terminal MetaTrader 4 guide:

- installation of the terminal on computer

- sign-up of the trading account

- authorization

- installation of the additional password of an investor

- password changing

- selection of currency pairs for trading on the Forex market

- how to open trade charts of various currency pairs

- how to conduct trading transactions

- how to place orders

- information about the program MetaTrader 4.

After studying the materials about the foreign exchange market and the trading terminal, all clients of RBC-Forex can open a demo account where there is an opportunity to practice trading on currency pairs without any risk for own funds. Trading on demo accounts is carried out in real time, but only with virtual money that allows users not only to learn how to trade, but also to test various Forex advisors on their effectiveness.

Terms of trading

Broker RBC-Forex offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- no minimum deposit

- the leverage is from 1:1 to 1:500

- a lot of currency pairs and CFD

- spread is fixed from 2 points

MetaTrader 4

- multi-language support

- Instant Execution order

- a wide range of Forex indicators

- addition of new indicators feature

- automated trading using MetaQuotes Language 4 (connection of Forex advisors)

- currency quotes export via DDE

- charts printing.

RBK-Forex offers all customers to open one of the two available trading accounts: Cent or Dollar.

Trading account Cent:

- the minimum deposit is $0.10

- price of pips (points) is 0.1 cents

- the leverage is from 1:1 to 1:500

- spread is fixed from 2 pips

- no order freezing

- no slippage

- locking is available

- automated trading is available.

Trading account Dollar:

- the minimum deposit is $5

- price of pips (points) is 0.1 cents

- the leverage is from 1:1 to 1:500

- spread is fixed from 2 pips

- no commission

- no order freezing

- no slippage

- locking is available

- automated trading is available.

Forex indicators (recommended)

- 4 Trend Line

- Complex Common

- 3 Line Break

- Zero Cross Alert

- Silver trend Signal.

Forex expert advisors (recommended)

- Gepard 5.0 (an automatic Forex advisor that has many settings at its disposal, allowing it to be used both at short-term and long-term distances while trading on the foreign exchange market)

- RelativeR2 (an automatic Forex advisor based on the popular indicator Stochastic that allows it to make a good profit on the foreign exchange market in case of the competent setup, especially on a currency pair GBP/USD)

- Forex Wallstreet EA (an automatic Forex advisor that has many settings and is capable of analyzing the previous transactions for an increase in further profit while currency pairs trading).

Investments

RBC Forex does not provide its customers with the opportunity to invest funds via PAMM-accounts that have recently become very popular, but everyone can discuss these questions on the forum of the broker. On the forum clients can make an agreement about mutually beneficial cooperation, where one side will be an investor and the other side will be a manager, but in this case RBC-Forex does not bear any responsibility.

Unique features

RBC Forex enables its customers to become its partners and to receive additional funds, attracting new customers to the broker. The affiliate program has several forms: White Label, Regional Representative and Individual Partner.

Every customer can be an individual partner, receiving a referral link on his personal account in order to attract new customers. A link can be placed on forums, blogs, on the own websites or send it to friends and acquaintances. When one of the users signs up using the referral link, the partner will automatically receive 1 point of spread for each transitions of the new customer.

Regional Representation will be interesting to customers, who want to start their own business in the financial sector, opening an office in their region. The regional representative for new customers' attraction will receive 10 cents for lot on referrals' cent accounts and $10 for lot on standard accounts.

White Label is aimed at legal persons, who want to become independent brokers and provide services in the field of Internet trading under their own brands.

Add/withdraw funds

RBC-Forex offers the following methods of deposit and withdrawal of funds by trading accounts: WebMoney and PayPal.

Contacts

RBC Forex provides 24 hours a day support to its customers via the feedback form, located on the website of the broker, by e-mail address [email protected] and via ICQ 490337193.

Cons and pros

+ the stable Russian broker

+ no minimum deposit

+ small spread

+ good leverage

+ contest for new customers

- no online training

- no first deposit Forex bonus

- a few number of deposit and withdrawal of funds.

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