About RFX REALFX
Company Overview
RFX REALFX, operating under the domain realfxmarket.com, is a forex and CFD broker registered in the United Kingdom on October 22, 2020. The company's registered address is at Old Broad Street Business Centre, 7th Floor, 42 Old Broad Street, London, EC2M 1RX. Despite its UK registration, FXCanary's records indicate that the broker does not hold any financial regulatory licenses from the Financial Conduct Authority (FCA) or any other recognized regulator.
The broker presents itself as catering to both retail and institutional clients, offering a range of account types and trading instruments. Its website maintains a professional appearance, with contact details for offices in London, Singapore, and Dubai, though the regulatory status of these offices is not verified.
Account Types
RealFXMarket offers three account tiers: Mini, Standard, and Premium. The Mini account requires a minimum deposit of $100 and provides maximum leverage of 1:400. The Standard account requires $500 and also offers 1:400 leverage. The Premium account, designed for higher-volume traders, requires a $5,000 minimum deposit and offers maximum leverage of 1:1000.
All accounts feature market execution and fifth decimal pricing. Margin call is set at 40% for all accounts, with stop-out levels varying: 20% for Mini and Standard, and 10% for Premium. The broker does not specify commission structures on its account pages, but mentions commission for forex pairs in the account details. Welcome bonuses are attached to each account type, with percentages ranging from 30% to 50%.
Trading Platforms
The broker exclusively offers MetaTrader 5 (MT5) as its trading platform, available for Windows and Android. MT5 is known for its advanced charting tools, multiple order types, and support for algorithmic trading via Expert Advisors. RealFXMarket provides free VPS hosting and programming services for clients wishing to automate their strategies.
The choice of MT5 suggests a focus on active traders and those using technical analysis, though the broker does not mention MetaTrader 4 (MT4) as an option. The platform is offered without customization, and no proprietary mobile app is mentioned.
Markets and Instruments
RealFXMarket provides trading in forex, oil & gas, metals, indices, and stocks. The exact number of instruments within each category is not disclosed on the website, nor are specific contract specifications or spreads beyond the account-level ranges (from 1.6 pips on Mini to 1 pip on Premium).
The broker’s product range is typical for a retail forex broker, but the lack of detailed instrument lists may require potential clients to open a demo account or contact support for more information.
Funding and Withdrawals
Funding methods include Skrill, Neteller, Gate2Shop, Netbanx, and bank transfer. These are common online payment solutions and wire transfers. The broker does not specify processing times or fees for deposits and withdrawals on its public pages.
Withdrawals are handled through a separate process, and the broker directs clients to click a link for withdrawal instructions. No minimum withdrawal amounts or additional conditions are publicly stated, which may require clarification through customer support.
Bonuses and Promotions
RealFXMarket offers a 100% deposit bonus, a Special Bonus of unspecified amount for deposits over $1,000, and a 30% Rescue Bonus. The bonuses come with volume requirements for withdrawal and are subject to change. The Rescue Bonus is notable for its drawdown protection feature but is non-withdrawable.
These incentives are common among unregulated brokers to attract clients, but traders should be aware that bonus terms can affect trading conditions and withdrawal eligibility.
Contact and Support
Customer support is available via email (support@realfxmarket.com, accounts@realfxmarket.com, info@realfxmarket.com), Skype, telephone (+44 20 32873052, +44 20 32873054), and an online contact form. The broker also lists physical addresses in the UK, Singapore, and Dubai.
Despite these contact options, the absence of a regulated entity limits the recourse available to clients in case of disputes. The broker's support channels may be responsive, but regulatory protection is absent.
Overview compiled by FXCanary from regulatory records and public data. full RFX REALFX review