RZT Capital offers its clients two types of accounts: Standard as well as Pro. If you look at the initial account deposit requirement to open the account, the Pro account isn’t designed to be used by retail traders.
The broker states that it will not offer services to citizens or residents from Australia, United States of America, Canada, Israel, Japan, North Korea, Belgium and UN Sanctions.
RZT Capital Advantages
CySEC license
The most significant advantage of trading through RZT Capital is that they have an official license with the Cyprus Securities and Exchange Commission (CySEC). That means that the business is in compliance with strict regulations, the money you deposit is secure.
– A part of an international group
RZT Capital is the recently launched retail division part of Ruizean Group, which offers different financial services through the offices located situated in Sydney, Melbourne, London and Shanghai. One of their units is authorized by ASIC.
– MT4 available
It is an advantage for any forex broker since most skilled traders are familiar with trading using MetaTrader 4 and enjoy it. The novices on the other hand can easily navigate around the platform, as MT4 is simple to use and comes with many advanced features, including excellent charting capabilities, numerous custom indicatorsand Expert Advisors and more.
Competitive spreads for demo accounts
While the spreads on the site for Standard accounts aren’t quite as good, they averaged 1.8 per cent on EUR/USD. However, when we tried RZT Capital’s MT4 platform for demo purposes and the spreads for this pair actually swung between 1.1 pip with no commission charges. The pricing offered is competitive and most brokers provide spreads that range from 1.0 to 1.5 percent for this currency pair. Of however, there are some firms such as IG Group who have spreads substantially less.
RZT Capital’s demo MT4. Click the image to zoom in.
RZT Capital Disadvantages
Announced spreads that are higher than the average
As we mentioned earlier the spread of 1.8 percent on EUR/USD as stated on the website of RZT Capital, it is higher than the average spread for trading on the foreign exchange market.
The trading conditions on the website differ from the conditions on demo accounts.
This is thought to be a detriment for RZT Capital for obvious reasons. Any legitimate brokerage with a transparent pricing policies must announce that on their sites their spreads and other trading terms in an easy and clear way. Demo accounts however will provide the same trading conditions as live accounts, the only difference is that you do not trade using real money.
Conclusion
RZT Capital offers trading in many instruments which include forex currency pair CFDs on commodities, precious metals and indices on the renowned platform MT4. It is certified through CySEC it claims they be using an the STP trading method.
RZT Capital owns Jin Liu, an Australia-based Chinese citizen, who held a management position in AxiTraderbefore. It is part of the an ASIC-regulated Ruizean Group, which is a global player.
| RZT Capital Summary | |
|---|---|
| RZT Capital Details | Information |
| Regulators | |
| Country | |
| Base Currencies | |
| Type Of Brokers | N/A |
| Trading Platform | N/A |
| Established Year | 2010 |
| Website Language | English |
| US Clients | |
| RZT Capital Spreads | |
|---|---|
| Option | Information |
| Minimum Spreads | 0.2 |
| Commission | |
| Fixed Spreads | |
| RZT Capital Payment & Withdrawal Option | |
|---|---|
| Option | Information |
| Acc Funding Methods |  Skrill |
| Acc Withdrawal Methods | Skrill |
| RZT Capital Suitable For | |
|---|---|
| Option | Information |
| Publicly Traded | |
| Beginners | |
| Day Trading | |
| Weekly Trading | |
| Professionals | |
| Swing Trading | |
| RZT Capital Trading Account Options | |
|---|---|
| Option | Information |
| Maximum Leverage | 1:500 |
| Mini Account | |
| VIP Accounts | |
| Segregated Accounts | |
| Free Demo Accounts | |
| Managed Accounts | |
| Pro Account | |
| Minimum Deposit | $1 |
| Islamic Account | |
| RZT Capital Trading Services | |
|---|---|
| Option | Information |
| Hedging | |
| News Trading | |
| Scalping | |
| Automated Trading | |
| Indices | |
| Commodities | |
| Forex instruments | |
| CFDs | |
| ETFs | |
| Stocks | |
| Bonds | |
| Cryptocurrencey | |
| Trading Signals | |
| Educational Service | |
| Copy Tradings | |
| RZT Capital Contact & Support | |
|---|---|
| Option | Information |
| Telephone No | https://ruizeanmarkets.eu/ |
| support@ruizeanmarkets.eu | |
| 24 Hours Support | |
| Support During Weekends | |
| Address | 1 Ayias Zonis Street Nicolaou Pentadromos Centre, Block BOffice 603, Limassol 3026, Cyprus |
