Score

2.23 /10
Danger

RIMC

Vanuatu

Absconded

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

Vanuatu Retail Forex License Revoked

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.55

Risk Management Index0.00

Software Index8.34

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

RISING INTERNATIONAL MANAGEMENT COMPANY LIMITED

Company Abbreviation

RIMC

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-12-25
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Absconded list. Please be aware of the risk!
  • VanuatuVFSC (license number: Unreleased) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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RIMC · Company summary

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse. In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work. Besides, the official website is as follows: http://www.fxrising.com/en

General Information & Regulation

RIMC, owned by RISING INTERNATIONAL MANAGEMENT COMPANY LIMITED, is a Forex corporation registered in Vanuatu that offers multi-asset trading in premium trading conditions and support, however, the company has not provided any offices location info as well as the regulation details.

Market Instruments

RIMC provides a variety of financial instruments including 28 Currency pairs, Metals and several Commodities.

Accounts & Leverage

Clients are allowed to open a Standard Account with 0.01 lot per trade, concerning the leverage, the leverage for the account is capped at 1:100.

Spreads & Commissions

RIMC provides clients variable spread, starting from 2.4 pips, besides, there is not any info about commission.

Trading Platform

RIMC provides a trading terminal option of MetaTrader 4(MT4), which is an industry-recognized platform available for free download to PC desktops (Windows/macOS) and mobile devices (Android/iOS).

Customer Support

The support team is always at clients assistance with the best possible solutions to the queries. If so desired, please call at 400601062 or e-mail at info@fxrising.com within a reasonable time.

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisers.

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