Riosafetrade is a financial services company with a domain registered on September 30, 2023. According to the official website, the company's operating address is 4 Fitz-James Ave, Hammersmith, London, W14 0RP, United Kingdom. However, a search on the UK Companies House website did not locate its registration information. Additionally, Riosafetrade claims to offer various trading services but has not disclosed the company's specific name or any regulatory information and has been listed on the warning list by the Financial Conduct Authority (FCA), advising investors to be cautious.
Riosafetrade's Company Background:
Riosafetrade's domain was registered on September 30, 2023. According to its official website, the company's operating address is 4 Fitz-James Ave, Hammersmith, London, W14 0RP, United Kingdom. However, a search on the UK Companies House website did not locate its registration information.
Riosafetrade's Regulatory Information:
Riosafetrade claims to offer various trading services including forex, indices, commodities, and cryptocurrencies, but has not disclosed the company's specific name or any verifiable regulatory information. The lack of detailed regulatory information and company name makes it difficult for users to confirm its legitimacy and transparency, increasing investment risk.
Furthermore, the platform illegally offers financial services and has been listed on the FCA's warning list. The FCA explicitly warns investors to stay away from the platform to avoid possible financial losses and unfair treatment. Since it is not regulated by any official financial regulatory body, Riosafetrade operates without transparency and security, leaving investors' funds and the fairness of trades unprotected. Therefore, investors are advised to exercise caution and avoid any financial transactions with such platforms. It is better to choose well-regulated and reputable brokers to ensure the safety of their interests and funds.
Riosafetrade's Account Registration Process:
- Log in to the Riosafetrade website and click the register button.
- Fill out the application form.
- Submit identity verification/my number verification documents.
- Deposit funds and start trading.
Riosafetrade's Account Types:
Riosafetrade offers various account types to meet the needs of different investors. Here are the details of its main account types:
- STARTER ACCOUNT
- Minimum Deposit: £500
- Benefits: Enjoy industry-leading entry-level pricing
- Expected Profit: Minimum £3,500, Maximum £5,000
- CLASSIC ACCOUNT
- Minimum Deposit: £5,000
- Benefits: Enjoy lower spreads and commissions
- Expected Profit: Minimum £45,000, Maximum £50,000
- PLATINUM ACCOUNT
- Minimum Deposit: £10,000
- Benefits: Enjoy industry-leading entry-level pricing
- Expected Profit: Minimum £99,999
- FOREX SIGNALS
- Services: Professional forex signals
- Number of Signals: Up to 10 signals per day
- Success Rate: 95%
With these different types of accounts, Riosafetrade provides investors with multiple options to suit various investment needs and goals. Each account type has different deposit requirements and expected profits, allowing investors to choose the most suitable account according to their experience and financial status.
Riosafetrade's Trading Software:
Riosafetrade has not yet disclosed detailed information about its trading software, raising concerns about investors' technical support and trading tools. The choice of trading software directly affects the smoothness and safety of trading. Therefore, investors should be cautious when choosing a trading platform and prioritize those that offer transparent information and well-known trading software to ensure the safety of funds and the smooth execution of trades.
Riosafetrade's Trading Products:
Riosafetrade offers various financial trading products to meet the needs of different investors. Here are the details of its main trading product categories:
- Forex: Riosafetrade offers trading in various forex currency pairs, including major pairs, minor pairs, and exotic pairs. Investors can benefit from the fluctuations in currency exchange rates, enjoying high liquidity and the advantages of a 24-hour trading market.
- Cryptocurrencies: The platform supports trading in various cryptocurrencies, including Bitcoin, Ethereum, and other major digital currencies. The cryptocurrency market attracts many investors due to its high volatility and growth potential, and Riosafetrade offers them the opportunity to enter this emerging market.
- Stocks: Riosafetrade offers trading in stocks of globally renowned companies, covering major markets and industries. Investors can trade based on predicted stock price movements without actually purchasing the stocks, allowing for flexible portfolio management and risk control.
- Indices: The platform offers trading in major global stock market indices such as the S&P 500, Dow Jones Industrial Average, and NASDAQ. By trading indices, investors can invest in the performance of the entire market or specific sectors, thereby diversifying risk.
- Energy: Riosafetrade offers trading in various energy products, such as oil and natural gas. The energy market is largely influenced by global economic and geopolitical factors, providing investors with diverse investment opportunities.
- Commodities: The platform also offers trading in other commodities, including precious metals (such as gold and silver) and agricultural products (such as coffee and wheat). These commodity markets typically exhibit high volatility, providing plentiful investment opportunities.
By offering these diverse trading products, Riosafetrade provides investors with a wide range of investment options to help them flexibly allocate assets and achieve financial goals.
What Are Riosafetrade's Spreads, Leverage, and Commissions?
Riosafetrade's official website does not disclose detailed information about spreads, trading leverage, trading commissions, minimum/maximum transaction volumes, maximum position/order sizes, margin call/stop-out levels, minimum price precision, or contract sizes related to trading accounts.
What Are Riosafetrade's Deposit and Withdrawal Methods?
Riosafetrade's deposit and withdrawal methods are not specifically introduced on its official website. Typically, traders may be able to use various common payment methods for deposits and withdrawals, including bank transfers, credit cards, e-wallets, etc.
Riosafetrade's Customer Support:
Email: support@Riosafetrade.com
Conclusion:
Riosafetrade lacks transparency in several key areas, including company registration information and regulatory status. Despite offering various trading products and account types, the lack of sufficient regulatory information and detailed trading parameters prompts investors to choose carefully. It is recommended that investors prioritize platforms that are well-regulated and have high transparency to ensure fund safety and trading fairness, thereby reducing potential risks and losses. Riosafetrade is flagged as "Suspected Fraud" on TraderKnows.