Rising International Management Company Limited (www.risimtrading.top) is a CFD brokerage website registered on June 13, 2019. It primarily offers trading services in forex, metals, crude oil, indices, and other financial derivatives. The broker does not provide services to jurisdictions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on the official website of Rising International Management Company Limited (www.risimtrading.top) shows that the broker is registered in Hong Kong with company registration number 65439795. Its headquarters is located in Jinan City, Shandong Province, China.
Upon inquiry, the Hong Kong Companies Registry website confirms the existence of a company named Rising International Management Company Limited with the registration number 65439795. However, the company is not authorized or regulated by the Hong Kong Securities and Futures Commission (SFC). Additionally, the Financial Conduct Authority (FCA) in the UK, the Financial Industry Regulatory Authority (FINRA) in the USA, and the Australian Securities and Investments Commission (ASIC) do not have registration information for a company named Rising International Management Company Limited.
Therefore, Rising International Management Company Limited (www.risimtrading.top) is essentially a fraudulent brokerage website without any regulation.
Trading Instruments
Rising International Management Company Limited offers trading services for a variety of financial derivatives, including:
- Forex: The forex market is the largest and most active financial market globally, trading currency exchange rates of different countries. Forex traders profit by buying and selling currency pairs like EUR/USD and USD/JPY, influenced by macroeconomic data, central bank policies, and geopolitical factors.
- Metals: Precious metals like gold and silver serve as a safe haven for investors during uncertain times. The metals market includes trading physical commodities and futures contracts, with prices influenced by global demand and supply, inflation expectations, and the US dollar's performance.
- Crude Oil: The oil market is a vital part of global energy trading, characterized by significant price volatility due to supply-demand dynamics, geopolitical events, natural disasters, and OPEC decisions. Traders typically participate in the oil market through futures contracts.
- Indices: Stock market indices like the S&P 500, Dow Jones Industrial Average, and Nikkei 225 represent the overall performance of a basket of stocks. Index trading is commonly done through derivatives like CFDs or futures contracts, serving as a measure of market health.
Account Opening Process
Tests reveal that the account opening links provided on the official website of Rising International Management Company Limited are non-functional, making it impossible to complete the account application.
Trading Account Information
The website of Rising International Management Company Limited does not disclose information related to spreads, leverage, account types, trading commissions, minimum/maximum trade sizes, maximum open/trade positions, margin call/stop out levels, minimum price precision, or contract sizes.
Trading Platform and Deposit/Withdrawal Methods
The broker claims to provide the MT4 trading platform, yet there is no record of a broker named Rising International Management Company Limited on the MT4 platform. Additionally, the broker does not specify supported deposit and withdrawal methods, fees, or minimum deposit/withdrawal amounts on its website.
Conclusion
Traderknows advises investors that Rising International Management Company Limited (www.risimtrading.top) is a fraudulent brokerage website lacking any regulatory oversight. Investors are encouraged to choose brokers with transparent information, strong regulations, and good reputations to avoid unnecessary financial losses.
