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RFI foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.rfiplt.com/, about the company's legal and temporary regulatory information, the company's address 30 Broad Street, NEW YORK, 10004 USA.

RFI Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
River Financial Investment Limited
Abbreviation
RFI
Company employee
--
Customer Service Email Address
rfi@rfiplt.com
Company Website
Company address
30 Broad Street, NEW YORK, 10004 USA
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

RFI Review SummaryFounded2020Registered Country/RegionUnited StatesRegulationUnregulatedMarket InstrumentsForex, commodities, stock indices, precious metals, energies, and cryptosDemo AccountNot mentionedLeverageNot mentionedSpreadNot MentionedTrading PlatformWeb-based trading platform and Mobile appMin DepositNot mentionedCustomer Support(12PM-12AM) Emai: rfi@rfiplt.comRFI Information Founded in 2020 and headquartered in the United States, RFI offers a range of market instruments including forex, commodities, equity indices, precious metals, energy and cryptocurrencies.Pros and ConsPros Cons Global presenceUnregulated StatusUnclear trading platform conditionsLimited Customer Support HoursIs RFI Legit? RFI is currently in a state of no effective supervision.What Can I Trade on RFI? RFI offers traders the opportunity to trade Forex, Commodities, Stock Indices, Precious Metals, Cryptocurrencies and Energies.Tradable Instruments Supported Commodities✔Stocks Indices✔Forex✔Crypto currencies✔Precious Metals✔Energies✔Binary Options❌Mutual Funds❌Futures❌Trading Platform RFI provides its clients with both a web-based trading platform and a mobile app.Trading PlatformSupported Available Devices Suitable forRFI web-based trading platform✔WindowsInvestors of all experience levelsRFI mobile app✔Mobile phonesInvestors of all experience levels

Rating Index

How to login to RFI?
rfi Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the rfi platform can be straightforward if you follow the correct procedures for registration, account opening, and login. This comprehensive guide will walk you through each step, ensuring a smooth experience

  

RFI Forex Broker - Complete Information Guide

  

1. Broker Overview

  RFI4X, established in 2012, is a prominent forex broker that provides intermediary services to traders across various financial markets. The company is headquartered in Saint Vincent and the Grenadines, a popular offshore jurisdiction, which allows it to operate with favorable regulatory conditions. RFI4X operates as a private entity, catering to both retail and institutional clients, and has developed a reputation for offering a diverse range of trading products.

  The broker's primary market focus includes forex trading, CFDs, and various asset classes such as commodities, indices, and cryptocurrencies. Over the years, RFI4X has achieved several milestones, including the expansion of its trading platform and the introduction of advanced trading tools and resources for its clients. The company is not part of any larger corporate group, which allows it to maintain a unique identity in the competitive forex market.

  RFI4X operates under a business model that primarily engages in retail forex trading, providing clients with access to leverage, market analytics, and trading signals. This model enables traders to execute transactions with amounts significantly exceeding their own funds, thanks to the leverage provided by the broker. Thus, RFI4X has positioned itself as a reliable partner for traders seeking to navigate the complexities of the financial markets.

  

2. Regulatory and Compliance Information

  RFI4X is regulated by several authorities, ensuring that it adheres to the necessary compliance standards to protect its clients. The primary regulatory body overseeing RFI4X is the International Financial Services Commission (IFSC) of Belize, which provides the broker with a license number that signifies its legitimacy in the market.

  The regulatory license held by RFI4X is valid for an indefinite period, provided that the broker continues to meet the regulatory requirements set forth by the IFSC. The broker operates under different legal entities in various jurisdictions, allowing it to serve clients from multiple regions while complying with local regulations.

  RFI4X implements strict policies regarding the segregation of client funds, ensuring that all client deposits are kept separate from the broker's operational funds. This practice is crucial for maintaining the integrity and safety of client investments. Additionally, the broker participates in investor compensation schemes, offering an extra layer of protection to its clients.

  To combat fraud and money laundering, RFI4X has established comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. These protocols require clients to verify their identities and provide relevant documentation before engaging in trading activities.

  

3. Trading Products and Services

  RFI4X offers a wide variety of trading products, catering to diverse trading preferences and strategies. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on various market movements. In addition to forex trading, RFI4X also offers Contracts for Difference (CFDs) on indices, commodities, stocks, and cryptocurrencies.

  The broker frequently updates its product offerings, introducing new instruments based on market demand and trends. This commitment to innovation ensures that clients have access to the latest trading opportunities. RFI4X also provides retail trading services, enabling individual traders to engage in the forex market with user-friendly platforms and tools.

  For institutional clients, RFI4X offers tailored services, including white-label solutions that allow firms to brand the broker's technology as their own. Additionally, asset management services are available for clients seeking professional management of their investment portfolios.

  

4. Trading Platforms and Technology

  RFI4X supports the widely-used MetaTrader 4 (MT4) platform, providing traders with a robust and feature-rich environment for executing trades. The broker also offers MetaTrader 5 (MT5), which includes enhanced features such as additional timeframes and advanced analytical tools. These platforms are known for their user-friendly interfaces and extensive customization options, catering to both novice and experienced traders.

  In addition to the MT4 and MT5 platforms, RFI4X has developed its proprietary web-based trading platform, allowing clients to trade directly from their browsers without the need for software installation. This platform is designed for accessibility and ease of use, ensuring that traders can manage their accounts from anywhere.

  RFI4X also provides mobile applications for both iOS and Android devices, enabling clients to trade on the go. The broker employs an ECN (Electronic Communication Network) execution model, which facilitates fast order execution and minimal latency, enhancing the trading experience.

  To support automated trading strategies, RFI4X offers API access, allowing clients to integrate their trading algorithms and systems with the broker's infrastructure. This functionality is crucial for traders who utilize algorithmic trading strategies to maximize their trading efficiency.

  

5. Account Types and Trading Conditions

  RFI4X provides several account types to accommodate different trading styles and preferences. The standard account requires a minimum deposit, with competitive spreads starting from 2 pips. Clients can also choose from advanced account types, such as VIP or professional accounts, which offer enhanced features and lower trading costs.

  The broker offers specialized accounts, including Islamic accounts that comply with Sharia law, and corporate accounts for business clients. A demo account is also available, allowing potential clients to practice trading without financial risk.

  Leverage ratios at RFI4X vary depending on the asset class, with forex trading offering leverage up to 1:400. The minimum trade size is typically set at 0.01 lots, providing flexibility for traders to manage their positions effectively. Additionally, RFI4X has a transparent overnight fee policy, ensuring that clients are aware of any applicable swap rates for holding positions overnight.

  

6. Fund Management

  RFI4X supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, ensuring that all clients can access the trading platform according to their financial capabilities.

  Deposit processing times are generally swift, with most transactions being completed within a few hours. However, some methods may take longer depending on the financial institution involved. RFI4X does not impose deposit fees, allowing clients to fund their accounts without incurring additional costs.

  For withdrawals, RFI4X offers multiple options, including the same methods used for deposits. Withdrawal limits may apply, depending on the chosen method, and processing times are typically within 1-3 business days. The broker maintains a transparent fee structure for withdrawals, ensuring clients are informed of any potential charges before initiating a transaction.

  

7. Customer Support and Educational Resources

  RFI4X provides comprehensive customer support through multiple channels, including phone, email, live chat, and social media. The support team is available during business hours, covering various time zones to assist clients from different regions.

  The broker offers multilingual support, accommodating clients who speak different languages, thereby enhancing the overall customer experience. RFI4X also provides a wealth of educational resources, including webinars, tutorials, and eBooks, designed to help traders improve their skills and knowledge.

  Market analysis services are available, offering daily insights, news updates, and research reports to keep clients informed about market trends and opportunities. Additionally, RFI4X provides essential trading tools, such as calculators, economic calendars, and signal services, to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  RFI4X primarily serves clients in various regions, including Europe, Asia, and Latin America. The broker has established a presence in key markets, ensuring that clients have access to its services wherever they are located.

  While RFI4X aims to cater to a global audience, certain countries may be restricted from accessing its services due to regulatory considerations. Clients from jurisdictions with stringent financial regulations may not be eligible to open accounts with RFI4X.

  In conclusion, RFI4X stands out as a reliable forex broker, offering a comprehensive range of trading products and services. With its strong regulatory compliance, advanced trading platforms, and robust customer support, RFI4X is well-positioned to meet the needs of both retail and institutional traders in the dynamic forex market. The broker's commitment to providing a secure and efficient trading environment makes it a valuable partner for those looking to engage in forex trading.

  Overall, RFI4X is a broker that prioritizes client satisfaction and provides the necessary tools and resources for traders to succeed in the financial markets.

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Latest Reviews

Niccolò Yug

Niccolò Yug

Italy

I love simple trading platforms, and RFI it is. It give me transparent spreads and fees, though not that competitve as some big brokers. It is great!

Positive

2024-05-29

RFI Forex Broker has an overall rating of 1.26, Regulatory Index 0.00, License Index 0.00, Business Index 5.07, Software Index 4.00 Risk Control Index 0.00.