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Company Name
Renaissance Capital Markets Ltd
Company Abbreviation
RCM
Platform registered country and region
New Zealand
Company website
Pyramid scheme complaint
Expose
No data
Counterfeit Dealer
Score
1.57 /10
Danger
RCM
Scam Brokers5-10 years
Suspicious Regulatory License
White label MT4
Regional Brokers
New Zealand Financial Service Corporate Revoked
Suspicious Overrun
High potential risk
Add brokers
Comparison
Quantity 15
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.45
Risk Management Index0.00
Software Index4.00
License Index0.00
The WikiFX Score of this broker is reduced because of too many complaints!
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
More
Check whenever you want
Download App for complete information
This platform is a Ponzi Scheme. Please stay away!
6
Previous Detection :
2024-09-20
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
- The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
WikiFX Verification
Exposure
15 pieces of exposure in total Pyramid scheme complaint
Expose Unable to Withdraw
The withdrawal hasn’t been received for one week.
The withdrawal applied on December 22nd hasn’t been received for 1 week yet.
2018-11-29 20:19
Resolved
My money didn’t arrive after a week!
I applied for a withdrawal on November 17th. On November 19th, the money was cut from MT4, but I didn’t receive it until now. I called them but no one responses. I complained through Email, but no one responses.
2018-11-23 18:08
Unable to Withdraw
Money can’t be withdrawn on RCM, whose staff didn’t deal with the problem
Money can’t be withdrawn on RCM. When I resorted to the staff, they didn’t deal with the problem. The application has long been made without verification. I can contact them via email or email. The public account is also closed. Scam platform
2019-03-08 21:47
Resolved
Can’t receive my withdrawal for 2 months.
At first I applied for a withdrawal in November, but I didn’t receive the money. They told me in middle December that they can’t let me withdraw for now and returned all the money back to MT4. In middle January the next year, the website said it is good to withdraw. Then I applied, but I didn’t receive the money for 2 months until now. The MT4 terminal says the money was not transferred but my balance was zero. I emailed them, but they gave me no reply.
2019-03-19 17:57
Unable to Withdraw
The MT4 account has been charged for half a month, but the money has not arrived
withdraw a half month and account money deducted.But the funds have not been to the account,i do not know how to return a responsibility
2018-12-15 03:22
Resolved
No one gave responds
The original trading room telephone 400-106-8809 is in the off state. After the trading room telephone 400-665-0011 is connected, but no one answers, and the attribution display is a technology company in Beijing!
2018-10-16 01:17
Resolved
The money in MT4 was deducted successful but has not received, and it has been over one week!
The money in MT4 was deducted successful but has not received, and it has been over one week! There was no online customer service personnel on the official website. My complaints were not processed. The phone in transaction room was not answered.
2018-12-04 00:48
Others
Don’t believe them. All their contact information is fake.
The Wechat number of this platform is in logout status. The company that operates the Wechat number is called “Wuhan Zhongshunchicheng Information Technology Co., Ltd.”. No business at all in the company's registered business scope is related to investment! Also, a Shanghai contact number displayed by the public number is not working! The phone 4006650011 on the website is also not working! I asked the operator to ask, they said that this phone has belonged to a "Beijing Fotao New Material Technology Co., Ltd." since June this year. That is to say, from June to now, they changed their phone number, but did not provide any other effective contact information! The channel that I can now contact the platform is only this mailbox! No other valid contact information! In other words, once your funds have problems, you don't have any effective means to find them. I hope that you will not be fooled by such a scam platform.
2018-11-29 18:22
Unable to Withdraw
The withdrawal has not been received in the past week.
The phone does not work. The message is unanswered. The platform has been deducted my balance, but the bank card has not received the money.
2018-11-28 22:37
Resolved
Payment more than half a month time is not the account, customer service said that the account will arrive this Friday no result
The payment could not be received in more than half a month. The customer service said that the payment received this Friday did not result in remittance. The website background of the platform could not open the link!
2018-12-09 04:00
Unable to Withdraw
The money was withdrawn from RCMa month ago but has not arrived yet
The money was withdrawn from Zhonghao International a month ago but has not arrived yet. They said first that the payment channel was maintained, and later said that they would remit US dollars because of foreign exchange control, but I needed to wait in line for the money.
2018-12-14 18:09
Scam
RCM’s analyst gave reverse order recommendations, causing me to lose 67248
Reasons for the incident and complaints: On May 10, 2018, at 14:35 pm, I received a verification message on WeChat from Zhang Ningxuan (WeChat account: shibaigetaiyang) who want to add my account as a friend. After I accepted his invitation, the person began to ask me where I came from and my job. At the beginning, we just talked about something unimportant. Later, I saw her posting photos of gold profits in friends circle. I asked her what it was. Then she introduced me gold futures and boasted how much she could earn in a month. I didn’t care about it at first, then she often intentionally or unintentionally boasted about how much dollars she earned today when we chatted. She often sent some fake profits pictures and asked if I wanted to do invest in. She could introduce me an analyst. On May 17, I opened a real account on RCM(RCM) under her lure (transaction account 100150). Server: RCMarkets-Real), I deposited in 360 dollars, and later she said that the amount of the deposit is too small, so the platform could not assign a analyst to me. She said that if there was no analyst, profits could not be guaranteed and I must lose more and gain less. Later, under her temptation, I successively invested $1,5543.7, and then she assigned me an analyst (WeChat account yumo100323) and gave me the analyst's WeChat. After that, the analyst gave me order advice. I withdrew money as long as I gained. When I lost money, I was asked to trade in an opposite way and locked the position. Sometimes, after he gave me order advice, he did not tell me more, and did not teach me to take a stop loss. I held heavy position.
2018-10-17 03:06
Unable to Withdraw
Unable to withdraw money from RCM
I withdrew money 20 days ago but the money has not arrived. At first, they said the payment channel was under maintenance. Later, they said that US dollar account was opened. No clear answer was given.
2018-12-15 03:49
Unable to Withdraw
RCM platform can not withdraw has been more than three months!
RCM platform can not withdraw for more than three months, platform again and again and again three shirk, today say the dollar tomorrow say the give RMB, and then flee to prepare, now trading room phone, complaint mail has no reply.
2019-02-12 22:26
15
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