Score

1.46 /10
Danger

RSQTrade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.58

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

RSQTrade

Company Abbreviation

RSQTrade

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

RSQTrade · Company summary

Note: RSQTrade's official website: https://www.rsqtrade.com/ is normally inaccessible.

RSQTrade Information

RSQTrade is an unregulated brokerage company registered in the United Kingdom. Trade access to various products including stocks, forex, commodities, indices, and cryptocurrencies. While the broker's official website has been closed, traders cannot obtain more security information.

RSQTrade Information

Is RSQTrade Legit?

RSQTrade is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is RSQTrade Legit?
Is RSQTrade Legit?

Downsides of RSQTrade

  • Unavailable Website

RSQTrade's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since RSQTrade does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

RSQTrade is not regulated, which is less safe than a regulated one.

RSQTrade Reviews on WikiFX

On WikiFX, users can comprehensively understand multiple brokers' information through one platform, quickly search, and accurately filter information. In addition, users can also leave their own experience under the broker to expose fraudulent brokers.

RSQTrade Reviews on WikiFX

Currently, there is only one neutral piece about scams that can not be withdrawn. You may visit: https://www.wikifx.com/en/comments/detail/Co202302247771361662.html.

Conclusion

RSQTrade Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operations to ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

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User comment

1

Comments

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林骁谞lín xiāo xù
more than one year
Scam. It is impossible to get hold of your money. I had almost lost all my money and am now only 800 USD in balance. I just want to withdraw them but I'm not getting any responses.
Scam. It is impossible to get hold of your money. I had almost lost all my money and am now only 800 USD in balance. I just want to withdraw them but I'm not getting any responses.
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2023-02-24 14:53
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