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Is RTSGOLD safe to trade?

WikiFX | 2024-01-25 15:13

Abstract:In this article, we will review RTSGOLD and throw light on every aspect of the broker. Therefore, you can decide whether this broker is good for you or not. Let’s Start.

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In this article, we will review RTSGOLD and throw light on every aspect of the broker. Therefore, you can decide whether this broker is good for you or not. Lets Start.

RTSGOLD is said to be a UK-registered broker, operated by RTSGOLD Global Limited. RTSGOLD's official website cannot be opened at this moment, and we cannot find any regulatory license details anywhere.

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Official Website Unavailable

RTSGOLD's official website cannot be opened now, so we can only find related information on some brokers' review websites.

Market Instruments

Tradable financial instruments available on the RTSGOLD platform include forex currency pairs, stocks, commodities,

Minimum Deposit

The minimum investment amount required by RTSGOLD is relatively high, reaching up to $500. Keep in mind that most legit brokers only require a minimum deposit of $100. Trading with an unregulated broker asking for too much money deposited for the first time is not a good option.

Investment Plans

RTSGOLD advertises that through its various investment plans, traders can obtain up to 100% total profit return on each plan. This is unrealistic. Any broker who tells you that investing with it can always bring you huge profits is a scam broker. As Margin trading always is full of risks, you have a chance to gain a small sum of returns but also need to undertake great risks.

Deposit & Withdrawal

RTSGOLD allows its traders to fund their accounts through Bitcoin, Ethereum as well as Bank Transfer. With Credit Card/Debit Card unavailable, traders cannot get access to a 540-day chargeback if their funds are unable to withdraw. Also, funding through crypto e-wallets is quite dangerous, with informal information, you cannot recover your money once funding your accounts.

Customer Support

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Lastly, RTSGOLD offers poor customer support service, and they can only reached through email: services@rtsgold.com.

Review

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When we searched for RTSGOLD on WikiFX . We found that WikiFX also issued a warning against it by claiming, Warning: Low score, please stay away! It has been verified that this broker currently has no valid regulation. Be aware of the risk! This broker is marked as No License on WikiFX.

To know about the security and reliability of your chosen brokers. You can use the WikiFX app. Also to expand your knowledge and stay informed about the forex market. Download the WikiFX app on your phones.

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Related broker

Not Regulated
RTSGOLD
Company name:RTSGOLD GLOBAL LIMITED
Score
1.51
Website:https://www.rtsgold.com/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.51

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