RMDTRADER foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.rmdtrader.com, about the company's legal and temporary regulatory information, the company's address 8th Floor, Ebene Tower, 52 Cybercity, Ebene, Mauritius, 72201.
RMDTRADER Forex Broker
Basic Information
Registered Region 
Mauritius
MauritiusOperating Period
--
Company Name
RMDTRADER
Abbreviation
RMDTRADER
Company employee
--
Customer Service Email Address
info@rmdtrader.com
Contact Number
+2304673003
Company Website
Company address
8th Floor, Ebene Tower, 52 Cybercity, Ebene, Mauritius, 72201
Keywords
5-10 years Suspicious Regulatory License Suspicious Scope of Business South Africa Financial Service Corporate Expired Suspicious Overrun High potential riskCompany profile
RMDTRADER Review SummaryFounded2018Registered Country/RegionMauritiusRegulationFSCA (Expired)Market InstrumentsForex, Indices, Shares, Commodities, Cryptocurrencies, ETFs, Bonds, OptionsDemo Account/Leverage1:100Spread0.7 pips (Standard account)Trading PlatformMT5Min Deposit$100Customer SupportTel: 2304673003Email: info@rmdtrader.comRegional RestrictionUS Founded in 2018, RMDTRADER is an unregulated broker registered in Mauritius, offering trading in Forex, Indices, Shares, Commodities, Cryptocurrencies, ETFs, Bonds, and Options with leverage up to 1:100 and spread from 0.7 pips through the MT5 trading platform. There are three account types offered, and the minimum deposit requirement is $100.Pros and ConsPros Cons Various trading productsExpired FSCA licenseMultiple account typesDoes not provide services in the United StatesMT5 platformPopular payment optionsIs RMDTRADER Legit? No. RMDTRADER currently has no valid regulations. It only holds an expired FSCA license. Please be aware of the risk!Regulatory Status ExpiredRegulated by Financial Sector Conduct Authority (FSCA)Licensed Institution RMD TRADE (PTY) LTDLicensed TypeNo SharingLicensed Number50259What Can I Trade on Foptrade?Tradable Instruments Supported Forex✔Indices✔Shares✔Commodities✔Cryptocurrencies✔ETFs✔Bonds❌Options❌Account Type/FeesAccount TypeStandardRAWISLAMICMin Deposit$100$10,000$100SpreadFrom 0.7 pipFrom 0.3 pipsFrom 0.7 pipsCommissionShares & Indices onlyFrom $5 per round lotAll productsLeverage RMD TRADER offers the maximum trading leverage of 1:100, which is kind of conservative. However, inexperienced traders should avoid using high leverage level, for margin trading is risky.Trading Platform RMDTRADER offers access to the top-rated MT5 trading platform, available on desktop, Android, and iOS devices.Trading PlatformSupported Available Devices Suitable forMT5✔Desktop, Android, IOSExperienced tradersMT4❌/BeginnersDeposit and Withdrawal RMDTRADER accepts bank wire, debit, or credit cards, and e-wallets. Withdrawals are made Monday to Friday from 9 am to 5 pm (South African Standard Time), and all other withdrawals are made within 24 hours.
Rating Index
SWAP-FREE
Minimum Deposit
$50 - $100 001 +/R500 - R1 500 001 +
STANDARD
Minimum Deposit
$50 - $25 000/R500 - R300 000
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Latest Reviews
RMDTRADER Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.06, Software Index 4.00 Risk Control Index 0.00.
ginksenk
Singapore
The trading conditions look good. All trading instruments with spreads as low as 0.7 pips, and leverage as high as 1:100 via the best MT5 platform, can be available in RMD TRADER INVESTMENT GATEWAY. But their website is no longer accessible, and it is impossible to trade with them. As you can imagine, such good conditions may be just a trick to attract traders.
37130
2022-11-30