RMG Holding Forex Broker

RMG Holding Review SummaryFounded1995Registered Country/RegionCyprusRegulationCySEC (Revoked)ServicesBrokerage, Portfolio Management, Auxiliary ServicesCustomer SupportTel: +357 22 447 024Fax: +357 22 374 210Email: rmgh@rmgh.euSkype: www@rmgh.euRMG Holding Information Founded in 1995 and formerly regulated in Cyprus, RMG Holding Ltd. is currently unregulated. For both private and institutional clients, the company provides a variety of investment services, such as custody, portfolio management, and brokerage.Pros and ConsProsConsOffers diverse financial servicesRevoked CySEC licenseServes both private and institutional clientsUnclear fee structureIs RMG Holding Legit? The Cyprus Securities and Exchange Commission (CySEC) previously regulated RMG Holding Ltd. under license number 027/04, with a Market Maker (MM) license type. Since the company's regulatory status is currently revoked, it is no longer permitted to conduct business in Cyprus using this license.Services A wide range of financial services, such as brokerage, portfolio management, and auxiliary services, are provided by RMG Holding Ltd. The company manages a range of financial products, including collective investment units, derivatives, and transferable securities, and it serves both private and institutional clients.Service FeaturesSupportedBrokerageReception & transmission of orders✔Execution of orders on behalf of clients✔Dealing on own account✔Portfolio ManagementManaged accounts✔Fund management✔Emerging market funds✔Auxiliary ServicesGlobal custody services (including shareholder representation)✔Depositary services for AIFs✔Granting credit/loans related to transactions✔Foreign exchange services (linked to investment services)✔Instruments CoveredTransferable securities✔Money-market instruments✔Collective investment units✔Derivatives (options, futures, swaps, etc.)✔