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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

RMS TRADE

Australia Australia | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | Clone Firm Australia | High Potential Risk

http://www.rm-fx.com

Website

Rating Index

Contact

+61 3 9020 0155
http://www.rm-fx.com

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 5
5-10 years
Questionable Regulatory License
Suspicious Operational Region
Clone Firm Australia
High Potential Risk
Warning: Low score, please stay away!
  • The declared Australia ASIC license (License No. 414530) has been confirmed as a clone firm. Please be aware of the risks and stay vigilant to avoid harm!
4

Basic Information

Registered Region
Australia
Operating Period
5-10 years
Company Name
Pepperstone Group Limited.
Abbreviation
RMS TRADE
Employees
--
Contact Number
+61390200155
Company Website
About Us
Wiki Q&A
Comment

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Company Profile

Company Profile

Review summary

Note: Since RMS TRADEs official site (http://www.rm-fx.com) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

RMS TRADE, a trading name of Pepperstone Group Limited., is allegedly an Australian clone firm specializing in forex trading. Unluckily, we cant find other more detailed information about this broker on the Internet.

Market Instruments

According to the name of RMS TRADEs official site-http://www.rm-fx.com, we can easily get the information that the broker offers forex trading, however, other tradable financial instruments cannot be found on the Internet.

Customer Support

RMS TRADEs customer support can only be reached by telephone: +61390200155. However, this broker doesnt disclose other more direct contact information like email or the company address that most brokers offer.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • Clone Firm Australia
  • High Potential Risk

Wiki Q&A

Is RMS TRADE a reliable or highly suspicious trading platform?

RMS TRADE is a highly suspicious entity that carries a severe risk warning. WikiFX data assigns it a composite safety score of just 1.57, reflecting profound operational and regulatory concerns. The entity is formally designated as a 'Clone Firm' by the Australian Securities & Investments Commission (ASIC), indicating it lacks credible oversight. No verifiable metrics regarding minimum deposit, leverage, or execution speed are publicly disclosed, which is consistent with its overall profile.

04-02
United States

Is RMS TRADE regulated?

No, RMS TRADE is not a regulated broker. It operates as a 'Clone Firm' per an explicit warning from the Australian Securities & Investments Commission (ASIC). The broker has improperly associated itself with a legitimate market making license (No. 414530) held by Pepperstone Group Limited, but it possesses no valid or credible regulatory authorization of its own for forex trading activities.

04-02
United States

What is the official website of RMS TRADE?

An official website for RMS TRADE is not publicly disclosed. The absence of a transparent and verifiable online presence is a common characteristic of entities operating with a high-risk profile and lacking formal regulatory oversight.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

Three days ago

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

Three days ago

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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