Score

1.48 /10
Danger

RS Finance

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.78

Risk Management Index0.00

Software Index4.00

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

More

Company Name

RS Finance(AUST) Limited

Company Abbreviation

RS Finance

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 000441277) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
RS Finance · Company summary

Note: RS Finance's official website: https://www.rsfinanceltd.com/pc is normally inaccessible.

RS Finance Information

RS Finance is a brokerage company registered in Australia. Trading instruments include foreign exchange, precious metals, futures, and cryptocurrencies. MT5 is also available on Windows and Mobile. While the broker's official website has been closed, so traders cannot obtain more security information.

Is RS Finance Legit?

RS Finance is authorized and regulated by the Australia Securities & Investment Commission(ASIC), the current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is RS Finance Legit?
Is RS Finance Legit?

Downsides of RS Finance

  • Unavailable Website

The website of RS Finance is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

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

  • Regulatory Concerns

The ASIC regulates RS Finance. However, the Suspicious Clone status is less safe than a regulated one.

  • Withdrawal Difficulty

According to a report on WikiFX, users encountered significant difficulties with fund withdrawals and losses due to account control. The issue remained unresolved despite the request being pending for a long time.

Negative RS Finance Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative RS Finance Reviews on WikiFX

Currently, there are 2 pieces of RS Finance exposure in total.

Exposure. Cannot withdraw & Scam

ClassificationUnable to Withdraw & Scam
Date2020-2021
Post CountryHong Kong, China/Slovakia

You may visit: https://www.wikifx.com/en/comments/detail/202011166012163939.html https://www.wikifx.com/en/comments/detail/202108078132224912.html.

Conclusion

RS Finance Since the official website cannot be opened, traders cannot get more information about security services. In addition, the Suspicious Clone status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto 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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Apollo62444
more than one year
Fraud is growing hugely in the world today and I advise the public to stay away from these fraudulent companies that steal people’s hard earn money.
Fraud is growing hugely in the world today and I advise the public to stay away from these fraudulent companies that steal people’s hard earn money.
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2022-12-08 17:55
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