ROSENTHALCOLLINS_GROUP

About company:

Rosenthal Collins Group is a futures broker registered with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). In January 2019, the company was acquired by London-based broker Marex Spectron, while retaining the name. It has several affiliated companies, 17 branches, more than 35,000 clients, an annual trade volume of more than 140 million contracts, client funds amount to over $ 1.7 billion.

 

Products and services:

RCG is a direct participant in all major US and UK futures exchanges and has access to global markets. Trading opportunities include futures and options on futures as well as the foreign exchange market. The firm offers clearing, brokerage, currency trading, futures management services and a full range of electronic trading services.

 

RCG represents the interests of its clients as a clearing company on the following exchanges:

 

Chicago Mercantile Exchange (CME) Chicago Board of Trade (CBOT) New York Mercantile Exchange (NYMEX / COMEX) ICE Futures US (Formerly New York Board of Trade) ICE Futures Europe ICE OTC London Clearing House (LCH) Dubai Mercantile Exchange (DME) Fixed Income Clearing Corp. (FICC)

 

History of the company:

Originally established in 1923 as Greene and Collins, the Rosenthal Collins Group is now one of the oldest independent companies. Today, the Rosenthal Collins Group belongs to the Marex Spectron Group, which means it has direct access to the London Metal Exchange, where Marex Spectron is the leading Category 1 clearing member. Part of RCG's assets was acquired by the Bakkt cryptocurrency platform.

 

Asset security:

The assets of the company's clients are reliably protected. Funds on clients' accounts are insured on a mandatory basis by the SIPC fund with insurance of $ 500,000. When a broker goes bankrupt, the client's assets are either transferred to another broker, or the fund compensates for their market value at the time of the bankruptcy declaration.

 

Accounts and currencies:

There are two types of accounts available to clients: STP and ECN. The broker also opens accounts with individual conditions. Account currencies USD, EUR, JPY, GBP.

 

Minimum deposit

The deposit starts from $ 100. It is worth noting that this is a very low entry threshold for a broker of this level.

 

Spreads and commissions

Spreads start from 1 pip. Upper limit 3.

 

Leverage

Leverage is set up to 1: 500.

 

Trading PlatformsMetaTrader4CTS T4CQG QtraderCQGMetro

In addition, RGC has developed and implemented its own electronic futures trading platform, RCG Onyx Plus, and other automated trading and risk management applications:

 

RCG Onyx PlusRCG Onyx Plus WebTradeRCG FIX APIRCG Server Hosting SolutionsRCG PassportSupport

You can contact the support service by phone or e-mail indicated on the broker's page. Pay attention to the language of communication - English.

 

Reviews of traders

The broker is not yet so well known in the Russian-speaking segment of the market, and it was not possible to find reviews of his work, both negative and positive. If we focus on the comments of foreign traders, then, in general, there is a positive image of the company. “It's very very respectable and reputable broker in US. Don't even doubt if you consider this one as your brokerage firm. Can you just imagine that this firm operates since 1923? It survived all financial crises in 21th century. I'm proud to be a customer of this oldest firm on market. " Hey Yeah 23 July, 2016.

 

Pros:

 

a wide range of investment instruments; the oldest market participant; security of funds storage in accounts.

 

Minuses:

 

communication only in English