RCO Finance (rcofinance.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: rcofinance.com.
My card was charged twice by RCO Finance (rcofinance.com) on the same day. I had to dispute it with my bank. RCO Finance (rcofinance.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Multiple order types|Automated trading options|Stable platform|Tax reports included
Cons: Wait times can be long during peak hours
RCO Finance (rcofinance.com) locked my account without warning and demanded documents I had already submitted. since I opened my account last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Low minimum deposit|Regular updates|Reliable uptime
Cons: Nothing significant
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. RCO Finance (rcofinance.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Stable platform|Instant funding|Quick verification|Good analytical tools
Cons: Limited social trading features
RCO Finance (rcofinance.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Fast execution|Good mobile app|Responsive team|Economic calendar
Cons: Nothing significant|Limited cryptocurrency options
I referred a friend to RCO Finance (rcofinance.com) from a blog post comparing services. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Excellent charting|Clear documentation
Cons: Currency conversion fee exists|Mobile app could be improved
I found RCO Finance (rcofinance.com) after hearing about them at a conference and the initial impression was positive. But since mid-2025 later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Easy withdrawals|Copy trading available|Demo account available|Clear documentation
Cons: Mobile app could be improved
RCO Finance (rcofinance.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Real-time alerts|Excellent charting|Intuitive for beginners|Portfolio tracking tools
Cons: Limited demo account features|Would like more payment methods
RCO Finance (rcofinance.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: No hidden fees|Demo account available|Multi-device support|Social trading features
Cons: Desktop app not available on Linux