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RISE TREND ASIA foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://my.top1clearing.com/customer/registration, about the company's legal and temporary regulatory information, the company's address .

RISE TREND ASIA Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
RISE TREND ASIA
Abbreviation
RISE TREND ASIA
Company employee
--
Customer Service Email Address
cs@top1clearing.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

Rise Trend Asia Forex Broker - Complete Information Guide

  

1. Broker Overview

  Rise Trend Asia is a forex brokerage firm that has been operating for several years, although its exact founding date is not provided in the available sources. The company is headquartered in China, which serves as its primary operational base. It operates as a private entity, catering primarily to retail traders and individual investors in the forex market.

  The brokerage's development has been marked by a series of milestones, including the establishment of its trading platform and the expansion of its service offerings. However, specific details regarding its history and significant achievements are limited in the available information. It appears that Rise Trend Asia is part of a larger group of companies, although the exact corporate structure and parent company are not explicitly stated.

  The business model of Rise Trend Asia focuses on retail forex trading, providing clients with access to various currency pairs and trading instruments. The company aims to facilitate trading for both novice and experienced traders, although the specifics of its service offerings and market strategies are less detailed in available resources.

  

2. Regulatory and Compliance Information

  Rise Trend Asia currently operates without valid regulatory oversight, which raises significant concerns regarding its legitimacy and the safety of client funds. The sources indicate that the broker has no regulation from recognized financial authorities, which is a critical factor for potential investors to consider.

  The absence of regulatory licenses means that Rise Trend Asia does not have a regulatory number or a defined scope of operations under any recognized authority. This lack of oversight implies that there are no guarantees regarding the security of client funds or adherence to industry standards.

  Additionally, there is no information available regarding the segregation of client funds, which is crucial for protecting investors' capital in the event of financial difficulties faced by the broker. The broker does not participate in any investor compensation schemes, which further heightens the risk for clients.

  KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures are not detailed in the available sources, leaving uncertainty about the broker's commitment to preventing fraud and ensuring the identification of its clients.

  

3. Trading Products and Services

  Rise Trend Asia offers a variety of trading products, primarily focusing on forex trading. The brokerage provides access to numerous currency pairs, although the exact number of available pairs is not specified in the sources. Major trading pairs likely include commonly traded currencies such as the EUR/USD, USD/JPY, and GBP/USD.

  In addition to forex, Rise Trend Asia reportedly offers Contracts for Difference (CFDs) across various asset categories, including indices, commodities, stocks, and cryptocurrencies. However, specific details regarding the range of CFD products and unique trading instruments are not provided, which limits a comprehensive understanding of their offerings.

  The frequency of product updates and the introduction of new trading instruments are also not clearly outlined in the available information. The broker appears to cater primarily to retail clients, although any institutional services or partnerships are not mentioned.

  

4. Trading Platforms and Technology

  Rise Trend Asia supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are popular among forex traders for their advanced charting tools and automated trading capabilities. The availability of these platforms allows traders to utilize various technical analysis tools and indicators essential for informed trading decisions.

  There is no mention of a proprietary trading platform developed by Rise Trend Asia, indicating that the brokerage relies on established platforms to provide its services. The sources also do not detail the availability of web-based trading solutions or mobile applications for iOS and Android devices.

  The execution model employed by the broker is unspecified, leaving potential clients uncertain about whether they operate on an ECN (Electronic Communication Network), STP (Straight Through Processing), or Market Making basis. Server locations and the technological infrastructure supporting the trading operations are also not disclosed.

  API access for automated trading is not mentioned, which may limit options for traders seeking algorithmic trading solutions.

  

5. Account Types and Trading Conditions

  Rise Trend Asia offers various account types, although specific details regarding the conditions for each account type are limited. The standard account typically requires a minimum deposit, with details on spreads and commissions not clearly outlined in the available information.

  Advanced account types, such as VIP or professional accounts, may be available, but specific conditions regarding minimum deposits, spreads, and commission structures are not provided. The existence of special accounts, such as Islamic accounts or corporate accounts, is also not mentioned.

  The availability of a demo account for practice trading is not confirmed, which may be a disadvantage for novice traders looking to familiarize themselves with the trading environment. Leverage ratios and minimum trade sizes are unspecified, limiting a comprehensive understanding of the trading conditions offered by the broker.

  Overnight fees and their policies are not detailed, leaving traders unaware of potential costs associated with holding positions overnight.

  

6. Fund Management

  Rise Trend Asia supports several deposit methods, including bank transfers and credit card options, although specific payment methods are not detailed in the available sources. The minimum deposit requirements vary by account type but are not explicitly stated.

  Deposit processing times are not mentioned, which may lead to uncertainty for clients regarding how quickly they can fund their accounts. Additionally, any fees associated with deposits are not provided.

  Withdrawal methods and any restrictions on withdrawals are also unclear, as are the processing times for withdrawals. The fee structure for withdrawals is not specified, which could impact traders' decision-making regarding fund management.

  

7. Customer Support and Educational Resources

  Rise Trend Asia provides customer support through various channels, including email and potentially online chat, although specific details on the available support options are limited. The operating hours and time zone coverage for customer service are not mentioned, which may affect clients' ability to receive timely assistance.

  The brokerage reportedly offers multilingual support, although the specific languages available are not detailed. Educational resources such as webinars, tutorials, and e-books are not mentioned, indicating a potential gap in support for novice traders seeking to enhance their trading knowledge.

  Market analysis services, including daily market updates and research reports, are also not provided, limiting traders' access to valuable insights that could inform their trading strategies. The availability of trading tools such as calculators and calendars is not specified.

  

8. Regional Coverage and Restrictions

  Rise Trend Asia primarily serves clients in Asia, although specific details regarding its main service markets are not provided. The distribution of regional offices is not mentioned, which could impact the brokerage's ability to provide localized support.

  Certain countries or regions may be restricted from accessing the broker's services, but detailed information regarding these restrictions is not available. Special limitations, if any, are not specified, leaving potential clients uncertain about the broker's operational boundaries.

  In conclusion, while Rise Trend Asia offers a range of trading products and services, the lack of regulatory oversight and detailed information across various aspects raises significant concerns for potential investors. It is crucial for traders to conduct thorough research and consider the risks associated with trading with an unregulated broker before proceeding.

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Latest Reviews

FX6984754092

FX6984754092

Hong Kong

The first withdrawal was transfer via personal account and the second one requires to upload the ID card. I ask customer service to inquiry about it and it just displays that under inquiring without any response. It is also says that withdrawal under 2000 does not require ID card. Here is official website link: http://rise-later.com/index.html. The picture is the record of deposit of 70 thousands. The 10000+ was the withdrawal record. The remaining pictures are the homepage of the website and funding page.

Exposure

2022-01-14

RISE TREND ASIA Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.35, Software Index 4.00 Risk Control Index 0.00.
RISE TREND ASIA