RCFInvestments has been flagged by Alberta Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with RCFInvestments: (1) They promise unrealistically high returns, (2) They're not registered with Alberta Securities Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I gave RCFInvestments a fair chance. After for the past year and a half of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Dividend tracking|Detailed reporting|Smooth onboarding
Cons: No crypto staking
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. RCFInvestments said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Customizable dashboard|Market news feed|Personal attention
Cons: No fractional shares|Alert system is basic
I have been trying to close my account with RCFInvestments for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Multiple order types|Full transparency|Intuitive for beginners|Helpful community forum
Cons: Could offer more webinars
I invested $15,000 with RCFInvestments after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Alberta Securities Commission.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The spread at RCFInvestments is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a financial advisor and initially thought the platform was good - until I started trading seriously.
Pros: Multi-currency support|Wide product range
Cons: Cannot customize dashboard fully|Inactivity fee applies after 12 months
I closed a profitable position at RCFInvestments and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Customizable dashboard|Segregated accounts|Economic calendar|Risk management tools
Cons: Live chat only during business hours|Help articles are sometimes vague
After using RCFInvestments for over three years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Economic calendar|Copy trading available|Helpful community forum|Multi-device support
Cons: Website design could be more modern|Live chat only during business hours