Rhine International Limited is a brokerage firm that provides trading services in forex, precious metals, commodities, and indices for investors. The official website of Rhine International Limited is https://rhineforex.com/, and the website supports languages such as Simplified Chinese, Traditional Chinese, and English. According to the Whois query for the website's domain registration, the company's official website domain was registered on October 31, 2022, within the past year.
Company Background:
Information on the Rhine International Limited website indicates that the company is registered in the United Kingdom. However, a check on the Companies House website, which registers companies in the UK, shows that the company was dissolved on June 27, 2023. Additionally, according to the Whois query for the website's domain registration, the company's official website domain was registered on October 31, 2022, within the past year.
Account Registration:
The Rhine International Limited website provides only a registration link for real accounts. The registration process involves clicking on the "Registration" link at the top right of the website, filling in required information such as name, email, password, and bank account, and then completing the registration for a real account. Furthermore, the registration page for trading accounts supports Simplified Chinese, Traditional Chinese, and English as language options.
Account Types:
The Rhine International Limited website does not provide information on different types of trading accounts.
Trading Products:
Rhine International Limited offers trading services in forex, precious metals, commodities, and indices for investors. Additionally, the website of Rhine International Limited provides specific information about the trading products covered in forex, precious metals, commodities, and indices, including details on spreads, maximum leverage ratios, and trading hours.
Leverage Ratios:
Information on the Rhine International Limited website includes details on leverage ratios in the "Trading Related" section for clients. The website also provides information on the specific leverage ratios for products in forex, precious metals, commodities, and indices. For precious metals, commodities, and indices, the leverage ratio is 1:100, while for forex, the leverage ratio ranges from 1:100 to 1:500.
Trading Hours:
The Rhine International Limited website provides information on the trading hours for specific trading products in forex, precious metals, commodities, and indices.
Deposits and Withdrawals:
Rhine International Limited's website mentions support for theoretically all banks for deposits and withdrawals. However, specific details such as supported channels, currencies, processing times, and fees are not provided.
Trading Software:
Rhine International Limited provides MetaTrader 5 (MT5) trading software for investors, which is compatible with Windows desktop and mobile (IOS/Android). However, there may be issues with downloading and installing the Android version of MT5 in certain countries or regions.
Partnerships:
Information on the Rhine International Limited website indicates that the company has established partnerships with various banks and financial institutions, including Integral, Hotspot FX, FastMatch, Currenex, CFH Clearing, UBS, ANZ Bank, BNP Paribas, Deutsche Bank, HSBC, Bank of America, and Standard Chartered Bank.
Regulatory Information:
The Rhine International Limited website states that the company is authorized or regulated by the Australian Securities and Investments Commission (ASIC). However, a check on the ASIC website did not yield any regulatory information related to the company.
Summary:
Rhine International Limited is suspected of fraudulent activities. Although the website provides information on trading products, leverage ratios, and trading hours, discrepancies arise from the dissolution of the company, as indicated by the UK Companies House website. Additionally, the ASIC website does not show any regulatory information related to the company. Based on these findings, there are suspicions of fraudulent activities, and investors are advised to exercise caution when considering the services offered by Rhine International Limited.TraderKnows reminds you to be vigilant about your financial security and avoid falling into fraudulent schemes.
