Score

1.39 /10
Danger

RainBow

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.05

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

Regulatory disclosure

Warning

HK SFC
2022-08-24

Check whenever you want

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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

RainBow · Company summary

Note: RainBow's official website: https://rainbowhkfx.com/index201.html is normally inaccessible.

RainBow Information

RainBow is an unregulated brokerage company registered in Hong Kong. While the broker's official website has been closed, so traders cannot obtain more security information.

RainBow Information

Is RainBow Legit?

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

Is RainBow Legit?

After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.

Is RainBow Legit?

Downsides of RainBow

  • Unavailable Website

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

  • Lack of Transparency

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

  • Regulatory Concerns

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

Conclusion

RainBow Since the official website cannot be opened, traders cannot get more information about security services. In addition, the broker's unregulated status and unregistered domain name indicate its high trading risks. 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.

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Comments

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Alizanber
more than one year
I recently requested a withdrawal from Rainbow, and while it has been confirmed, I can't help but feel a bit disappointed. The process seems to take up to 7 business days, which is longer than I expected. Hoping for a faster turnaround in the future.
I recently requested a withdrawal from Rainbow, and while it has been confirmed, I can't help but feel a bit disappointed. The process seems to take up to 7 business days, which is longer than I expected. Hoping for a faster turnaround in the future.
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2024-01-05 18:26
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