RMB Forex Broker

RMB Review SummaryFounded1998Registered Country/RegionSouth AfricaRegulationNot regulatedProducts and servicesAdvisory, Finance, Investment, Risk Management, Transaction Services, Private BankingCustomer SupportOnline enquiryRMB Information Rand Merchant Bank (RMB), established in 1998 and based in South Africa, acts as the Corporate and Investment Banking division of FirstRand Group. It offers comprehensive financial services globally but does not hold independent regulatory status.Pros and ConsProsConsFull range of corporate and private financial servicesNo independent regulation under RMBs nameStrong backing from FirstRand GroupLimited direct access for retail clientsPresence across Africa and international marketsLack of forex, crypto, or retail CFD tradingIs RMB Legit? RMB (Rand Merchant Bank) is based in South Africa but does not hold an independent financial regulatory license. While its parent company, FirstRand Bank, is regulated by the Financial Sector Conduct Authority (FSCA) and the South African Reserve Bank (SARB), RMB itself is not separately regulated. According to WHOIS data, the domain rmb.co.za was registered on June 5, 1997, last updated on June 5, 2023, and is currently active and protected.Products and Services RMB offers a full range of financial services including advisory, financing, investment, risk management, transaction solutions, and private banking, supporting both corporate and individual clients.CategoryDetailsAdviceFinancial and strategic advisory servicesFinanceFinancing solutionsInvestInvestment servicesManage RiskRisk management solutionsTransactTransaction and payment servicesPrivate BankingPersonalized banking for high-net-worth individualsGroup structure Rand Merchant Bank (RMB) represents the Corporate and Investment Banking (CIB) arm of the FirstRand Group, one of Africas largest financial services organizations. It operates under a multi-brand strategy and has a strong presence across Africa and internationally, including the UK, USA, India, and China. RMB covers areas like investment banking, transactional banking, global markets, and private banking.CategoryDetailsParent CompanyFirstRand GroupMain DivisionsInvestment Banking, Transactional Banking, Global Markets, Private BankingPresence35+ countries in Africa, plus UK, USA, India, ChinaKey Brands/SubsidiariesRMB Corvest, RMB Private Bank, RMB VenturesAfrican NetworkRMB South Africa, Botswana, Namibia, Nigeria (incl. Asset Management)FNB CIB SubsidiariesFirst National Bank in Ghana, Lesotho, Mozambique, Eswatini, ZambiaCore OfferingsAdvisory, Funding, Trading, Corporate Banking, Principal Investing