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Regarding the legitimacy of RARLON forex brokers, it provides FSPR and WikiBit, .

Is RARLON safe?

Rating Index

WikiFX Detection

Business

Influence E

License

FSPR Revoked

Is RARLON markets regulated?

The regulatory license is the strongest proof.

FSP corp

FSPR Financial Service Corporate

Financial Service Providers Register

Financial Service Providers Register

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Financial Service Corporate
  • Licensed Entity:

    RARLON TRADING NZ LIMITED RARLON TRADING NZ LIMITED
  • Effective Date:

    2017-06-16
  • Email Address of Licensed Institution:

    --
  • 53748:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    2018-10-11
  • Address of Licensed Institution:

    Flat 1, 143 Canal Road Avondale Auckland
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

  

Is Rarlon Safe or a Scam?

  

Introduction

  Rarlon is a forex broker that has emerged in the trading landscape, offering various trading services to investors. As with any broker, it is crucial for traders to conduct thorough due diligence before committing their funds. The forex market is rife with opportunities, but it also harbors risks, especially when it comes to unregulated or suspicious brokers. This article aims to provide a comprehensive analysis of Rarlon, examining its regulatory status, company background, trading conditions, and customer experiences. Our investigation is based on an extensive review of available online resources, user feedback, and regulatory databases to ascertain whether Rarlon is a safe trading platform or a potential scam.

  

Regulation and Legitimacy

  When evaluating the safety of a forex broker, regulatory oversight is one of the most critical factors. Rarlon operates without valid regulation, which raises significant concerns about its legitimacy. The Financial Service Providers Register (FSPR) in New Zealand has revoked Rarlon's license (License No. 550027), indicating that the broker is no longer under the supervision of any credible financial authority. This lack of oversight means that traders have no recourse in case of disputes or fraudulent activities.

Regulatory Body License Number Regulatory Region Verification Status
FSPR (New Zealand) 550027 New Zealand Revoked

  The revocation of Rarlon's license suggests a history of compliance issues, which is a significant red flag for potential investors. Without a regulatory framework, traders are at risk of losing their funds without any means of recovery. Therefore, it is essential for traders to be cautious and consider the implications of trading with an unregulated broker like Rarlon.

  

Company Background Investigation

  Rarlon has been operational for approximately 5 to 10 years, primarily registered in New Zealand. However, the company's ownership structure and management team remain opaque, which limits transparency. The lack of publicly available information on the company's history and its key personnel raises further concerns regarding its credibility.

  A thorough background check reveals that Rarlon does not maintain a significant online presence or provide detailed information about its operational practices. This lack of transparency can be indicative of potential issues, as reputable brokers typically offer clear insights into their management and operational frameworks. Furthermore, the absence of a functional website only exacerbates the uncertainty surrounding Rarlon's legitimacy.

  

Trading Conditions Analysis

  Rarlon offers various trading conditions, but these come with several caveats. The broker claims to provide competitive spreads and access to the popular MetaTrader 4 (MT4) platform, but the lack of transparency in its fee structure is alarming. Many traders have reported hidden fees and unexpected charges, which are red flags when assessing whether Rarlon is safe.

Fee Type Rarlon Industry Average
Major Currency Pair Spreads N/A 1.0 - 2.0 pips
Commission Model N/A Varies
Overnight Interest Range N/A Varies

  Due to the absence of a demo account, potential clients cannot test the trading environment before committing real capital. This restriction further complicates the evaluation process for traders considering Rarlon as their broker. Overall, the lack of clarity in trading conditions is a significant concern for anyone questioning, "Is Rarlon safe?"

  

Customer Fund Safety

  The safety of customer funds is paramount when assessing any trading platform. Rarlon has been flagged for its inadequate safety measures regarding client funds. Reports indicate that the broker does not segregate client funds from its operational capital, which heightens the risk of losing investments in the event of financial instability.

  Furthermore, there is no evidence that Rarlon participates in any investor protection schemes. Such schemes are crucial for safeguarding clients' deposits in case of broker insolvency. The absence of these measures raises serious questions about Rarlon's commitment to ensuring the safety of its clients' funds.

  

Customer Experience and Complaints

  Customer feedback plays a vital role in assessing the reliability of a broker. Unfortunately, Rarlon has received numerous complaints from users, particularly regarding difficulties in withdrawing funds. Many customers have reported that their withdrawal requests are either delayed or denied altogether, leading to frustration and financial losses.

Complaint Type Severity Level Company Response
Withdrawal Issues High Poor
Account Suspension High Poor
Lack of Customer Support Medium Poor

  For example, one user reported that their account was suspended without clear justification, and they were unable to retrieve their funds despite multiple attempts to contact customer support. This pattern of complaints suggests systemic issues within Rarlon's operational practices, leading to the question, "Is Rarlon safe for traders?"

  

Platform and Trade Execution

  Rarlon offers the MT4 trading platform, which is known for its user-friendly interface and advanced trading features. However, user experiences indicate that the platform may not be as stable as advertised. Complaints of frequent downtimes and slow execution speeds have surfaced, raising concerns about the overall trading environment.

  Moreover, there are allegations of price manipulation and slippage, which can severely impact traders' profitability. Such issues are particularly concerning for those who rely on accurate execution for their trading strategies. As such, traders should be wary of the platform's performance before deciding whether to invest with Rarlon.

  

Risk Assessment

  Trading with Rarlon carries several risks that potential investors must consider. The absence of regulation, combined with poor customer reviews and operational transparency, places Rarlon in a high-risk category.

Risk Category Risk Level Brief Description
Regulatory Compliance High No valid regulation
Fund Safety High Lack of fund segregation
Customer Support Medium Poor responsiveness to complaints

  To mitigate these risks, traders should conduct thorough research and consider alternative brokers with established regulatory oversight and positive user feedback.

  

Conclusion and Recommendations

  In conclusion, the evidence suggests that Rarlon presents several red flags that indicate it may not be a safe trading platform. The lack of regulation, poor customer reviews, and questionable trading conditions raise serious concerns for potential investors. Therefore, it is advisable for traders to exercise caution and consider alternative, well-regulated brokers to ensure the safety of their investments.

  For those seeking reliable trading options, brokers with strong regulatory backgrounds and positive customer feedback are recommended. Always prioritize safety and transparency in your trading journey, as this will significantly reduce the risks associated with forex trading. Ultimately, if you are wondering, "Is Rarlon safe?" the overwhelming consensus points toward exercising extreme caution.

Is RARLON a scam, or is it legit?

The latest exposure and evaluation content of RARLON brokers.

Unable to withdraw due to “insufficient volume trading”They ask you to pay this and that and never release your asset from platform.
HongKong Scammers. Be aware because they made me pay trading volume twice, security deposit, risk deposit, and want more until I gave up as I became indebted. They never released your asset from platform. It’s rarlon.xyz and I am not sure if this is the actual rarlon. I don’t want anyone not to be a victim of this. They made promises once you made payment to let you extract money but then they will not reply for so long until the next day and ask for more payment. Bunch of scammers.
Unable to withdraw
The withdrawal is unavailable since September. Now the platform is out of contact.
Scam RARLON
Having seen many person couldn’t withdraw fund in RARLON , I decided post these to give you some help. RARLON was established in Shijiazhuang. Its boss is named Du Yien and salesman Wang Siqi. Currently, the website, www.jurongtouzi.com, is disabled, as well as the backstage. Obviously, it has absconded. Wang Siqi’s number: 156****1111
The request is always under approval. The platform is out of contact.
The request is always under approval. The platform is out of contact.

RARLON latest industry rating score is 1.59, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.59 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

RARLON safe