Forex RGL Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

RGL Trading Conditions

Registered Region Bangladesh

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@royalgreen.net

Contact Number +8809603777777

Website N/A

Balanced Review

Pros & Cons

Pros

Long operational history since 2005
Diverse range of services including cloud solutions
24/7 customer support available
Multiple payment options including credit cards
Average execution speed for trading

Cons

No regulation or oversight
Lack of transparency in operations
Limited customer support options
High fees for services
Inaccessible website parts

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	RGL	NCC Bank	BRAC EPL	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Bangladesh	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does RGL Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginner and intermediate traders	Low minimum deposit, user-friendly interface	Suitable for small capital practice
Professional Account	Experienced traders	Higher leverage, advanced trading tools	Requires proof of trading experience
Corporate Account	Corporate clients	Customized services, dedicated account management	Requires corporate documentation
Islamic Account	Traders seeking swap-free options	Complies with Sharia law	Available upon request
Demo Account	All user levels	Practice trading without risk, virtual funds	Ideal for testing strategies

Account Opening Process

To open an account with RGL, traders must follow a straightforward process. Initially, users need to submit personal information, employment details, and financial information. Following this, identity verification is required, which includes providing a valid ID and proof of address. The process is designed to ensure security and compliance with necessary regulations. Additionally, RGL offers account flexibility, allowing traders to upgrade to a professional account later if they meet the eligibility criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive rates for major pairs
CFDs (Stocks)	1.5	$5 per lot	Variety of stocks available
CFDs (Indices)	1.0	$3 per lot	Access to major global indices
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

RGL also imposes various fees that traders should be aware of. There may be deposit and withdrawal fees, which vary based on the payment method used. Additionally, an inactivity fee is charged if an account remains dormant for an extended period. Platform usage fees may apply, along with overnight interest (swap rates) for positions held overnight. Traders should also consider potential currency conversion fees when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

RGL User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Amina Rahman

Dhaka, Bangladesh

★ ★ ★ ★ ★

I have faced significant issues with withdrawing my funds from RGL. The customer support is unresponsive, and I feel stuck with my money. It’s frustrating and disappointing, especially after I invested a considerable amount. I would not recommend this platform to anyone.

Mohammed Anwar

Chittagong, Bangladesh

★ ★ ★ ★ ★

RGL has a decent trading platform that works well for me. The execution speed is impressive, and I appreciate the various payment options. However, it would be great if their customer support was more accessible. Overall, a solid choice for trading.

Fatima Sultana

Khulna, Bangladesh

★ ★ ★ ★ ★

I had a terrible experience with RGL. I tried to withdraw my earnings, but it has been weeks with no response from their support team. I feel scammed and regret using their services. I advise others to be cautious.

Jamil Hossain

Sylhet, Bangladesh

★ ★ ★ ★ ★

RGL has been great for my trading needs! The platform is user-friendly, and I love the speed of transactions. I’ve had no issues with deposits or withdrawals, and their customer service has been helpful when I needed assistance. Highly recommend!

Bangladesh Market