Review summary
Radhika Capital Markets Ltd, operating under the brand RCM, is a Mauritius-based broker established within the last 1–2 years. According to WikiFX data, the firm holds a Securities Trading License (EP) from the Financial Services Commission (FSC) of Mauritius, though this license does not constitute mainstream forex trading regulation. The broker's WikiFX score stands at 1.28, reflecting a low overall rating. Public exposure has flagged concerns regarding an IB manager allegedly soliciting deposits that were subsequently stolen, with the broker reportedly failing to address the issue. Trading conditions include a minimum deposit of 0.01, leverage up to 1:500 on the Standard account, and spreads from 3.0 pips; Pro and Pro X accounts offer tighter spreads. The lack of a recognized forex regulatory framework means traders operate without the protections afforded by major financial authorities. Prospective clients should carefully evaluate these risks before engaging with the broker. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-15)
