Is RIMarkets a Scam or a Good Forex Broker?

Investors & Traders Forum › Category: Broker Questions › Is RIMarkets a Scam or a Good Forex Broker?

Scott asked 4 months ago

Hi People,

Can anyone verify for me if this broker RIMarkets is a good broker that makes money, or just another scam.

I used to have an account with OTCapital, and then I received a phone call about investing with a broker RIMarkets. They said that they have experience managing money, and they can get me good returns on my investment.

I checked the ASIC register and could not find the company RI Markets listed.

Looking forward to hearing your feedback.

Thanks,

Scott

3 Answers

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Scam Trading Brokers Staff answered 4 months ago

Hi Scott,

This broker is based in the Marshal Islands, which means that they are not regulated and not authorised by ASIC.

As an Australian, you should only use a broker that holds an Australian forex brokers licensed like TradeFred or EasyMarkets.

Most Investors Choose One of the Top Rated Brokers

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tshidi answered 3 months ago

I will advise you not to use this broker, i used it. they try to play you a video of how you can make money from $200 and then show you how many people made money from that, but at the end of the day. They will tell you how you must deposit more money and they cant work with little money.

I nearly lost all my money there, the lady who was supposed to help me told me she deals with large money of more than $10000 so she needs me to deposit that money. that money is Rands is R100 000.

i decided to withdraw the little i was left with.

Its a pity that this broker DOES NOT CARE ABOUT WHAT HAPPENS WITH YOUR MONEY BUT PUSH ITS CUSTOMERS TO DEPOSIT MORE. I REALLY AM ANGRY WITH THE ATTITUDE THE LADY GAVE ME

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Meriyani abd rahman answered 2 months ago

Same as me. They asked me to fill my credit card no.. And 4 digit inside my credit card.

I didnt do… They asked me to open my online banking tok see how much money i have and they tell me that they want to plan to make big money.

I also decline. After that they asked me to put some more money. I already put 200 usd. They its no enough to make trade. They asked me to put some more until 500 usd.
I also decline. After that they always call me twice a day. I didnt pick up the call.

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