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RIF-CAPITAL Forex Broker provides real users with 1 positive reviews, * neutral reviews and 12 exposure review!

RIF-CAPITAL Broker Review

1.27

WikiFX monitor

Business

Influence E

License

No license

RIF-CAPITAL Review 13

Latest All(13) Positive(1) Exposure(12)
Exposure
Fraud Exposure

I deposited 11998.50 USDT at Rif Capital. Everything is correct on the blockchain and the money appears on the wallet's browser. But it does not appear in my account or trx history, app or website. Forteclaim alerted and recovered for this issue, transaction ID: b34fb9a47275dd9757ba32c3691449587007b73f37c8ab9fa4e6b216402e8232

Fx3578064
2024-06-29
Exposure
Scam…

I started requesting withdrawals in May. I requested dozens of times a day but all failed. They blocked my account access and wouldn't let me take a penny after investing $65,000. All they concerned about is my balance.

Fx3578064
2024-06-26
Exposure
Unable to withdraw funds

In January 2024, I was recommended to this platform by a scammer named Li Zixi to trade. I wanted to withdraw my profits in April, the platform refused to withdraw funds for various reasons. I paid all the taxes and margin, and was defrauded of more than 13 million yuan in total. My hard-earned money in this life has been taken by this platform. It’s so miserable. Now I can't sleep well, don't have enough to eat, and I'm still in debt. It's hard to live.

海5051
2024-06-25
Exposure
Romance Scam

Partnership fraud. Unable to withdraw funds, customer service said the account was frozen and identity verification was required. Let me continue to invest, otherwise my account will be blocked.

FX3859676080
2024-06-16
Exposure
Unable to withdraw

In January, a friend recommended me to invest on this platform. In May, I want to withdraw money after making a profit. I invested 4.5 million yen, paid 7.5 million yen in taxes and 1 million yen in risk control insurance, and I was still asked to pay 1.1 million yen. All my life savings are invested, but I cannot withdraw the money. Help me, an old man in his 50s, to get my hard-earned money back. Thank you friends. I'm so desperate.

海5051
2024-05-28
Exposure
Unable to withdraw money, saying there is a violation in my trading account. The account was frozen and I had to pay a fine. All my savings for the past half of my life were invested in it.

Scam website, please don’t believe it. Cry for my hard-earned money.

男7942
2024-05-22
Exposure
Escape this fraudsters

This platform is nothing but lie and scam they manipulated my trade and extort me ,I should have stopped investing but instead I continued to trade for weeks, gained some money, and then made the decision to stop. I then requested a withdrawal. They answered that my gains have been erased and that I am unable to retrieve my deposit after two days. After I was able to withdraw my investment, Forteclaim,com increased it. I was annoyed that this broker doesn't pay client profits! How desperate of them! They even referred to this broker as regulated but it’s clearly a lie

Fx4679443
2024-05-18
Exposure
Scammers. Can’t withdraw money as long as I made profit.

When making money on this platform, you will not be able to withdraw funds normally, and the customer service will block you. Transfers on the platform can only be made to individuals, without company accounts. Although it can be found on ASIC in Australia, it is of no use at all.

xiaweijun
2024-05-18

  

RIF Capital 2025 Review: Everything You Need to Know

  RIF Capital has garnered significant attention in the forex trading community, but the reviews and analyses suggest a predominantly negative outlook. Users have reported numerous issues regarding withdrawals, customer service, and overall trustworthiness, raising serious concerns about the legitimacy of this broker.

  Note: It is crucial to recognize that RIF Capital operates under various entities across different jurisdictions, which may complicate regulatory oversight and accountability. This review aims to provide a fair and accurate assessment based on multiple sources.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Setup (Experience) 2
Trustworthiness 1
User Experience 2

  We evaluate brokers based on user experiences, expert opinions, and factual data gathered from various sources.

  

Broker Overview

  Founded in 2023, RIF Capital presents itself as an online trading platform targeting forex and cryptocurrency traders. The broker claims to facilitate access to a wide array of financial instruments, including forex, CFDs, cryptocurrencies, stocks, and commodities. However, it is important to note that RIF Capital operates without any valid regulatory oversight, which raises significant red flags for potential investors. The platform appears to utilize a web-based trading interface, but lacks support for popular trading platforms like MT4 or MT5.

  

Detailed Analysis

  

Regulatory Landscape

  RIF Capital operates in an unregulated environment, leading to concerns regarding its legitimacy. The Australian Securities and Investments Commission (ASIC) has blacklisted the broker, indicating that it operates without proper licensing. This lack of regulation means that clients are not afforded the protections typically associated with regulated brokers, such as fund segregation and recourse in case of disputes.

  

Deposit and Withdrawal Options

  The broker requires a minimum deposit of $100, which is relatively low compared to some other platforms. However, users have reported significant difficulties in withdrawing their funds, with many claiming that their withdrawal requests were denied or delayed indefinitely. According to WikiBit, complaints regarding unfulfilled withdrawals have reached alarming levels, further highlighting the risks associated with this broker.

  

Available Assets

  RIF Capital offers a variety of trading instruments, including major forex pairs, cryptocurrencies like Bitcoin and Ethereum, as well as commodities and indices. However, the diversity of assets does not compensate for the underlying issues with the platform, as many users have reported that the advertised trading functionalities are misleading.

  

Costs and Fees

  While RIF Capital advertises low spreads starting at 0.1 pips, the lack of transparency regarding additional fees raises concerns. Users have reported hidden charges that were not disclosed during the signup process, which can significantly impact profitability. Moreover, the broker's claims of offering "unlimited leverage" are alarming and indicative of potential risks that could lead to substantial losses.

  

Trading Platforms

  RIF Capital does not support established trading platforms like MT4 or MT5, which are widely recognized for their robust features and reliability. Instead, it relies on a web-based trading interface that has been criticized for its poor design and functionality. The absence of a mobile trading option further limits user accessibility.

  

Customer Support

  User experiences with RIF Capital's customer service have been overwhelmingly negative. Many users reported unresponsive support teams and a lack of effective communication when issues arose. According to Lycan Retrieve, clients have expressed frustration over unfulfilled withdrawal requests and inadequate support, leading to a general consensus that the broker lacks reliable customer service.

  

Restricted Regions

  RIF Capital appears to accept clients from various regions, including the U.S., which is unusual for many unregulated brokers. However, the lack of a clear operational framework and regulatory oversight raises concerns about the safety of funds for clients in different jurisdictions.

  

Supported Languages

  While specific language support details are not extensively documented, the broker's website appears to cater primarily to English-speaking clients. This could pose challenges for non-English speakers seeking assistance or information.

  

Conclusion

  In summary, RIF Capital emerges as a highly questionable broker with numerous red flags. The lack of regulation, poor customer service, and troubling user experiences suggest that potential investors should exercise extreme caution. The promise of low entry costs and a diverse range of trading instruments is overshadowed by significant concerns regarding fund safety and withdrawal difficulties. Given the overwhelming negative feedback from users and the warnings from regulatory authorities, it is advisable to seek out regulated and reputable brokers for trading activities.