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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

RCM

Mauritius Mauritius | 1-2 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.radhikafx.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

India India 2.65
Surpassed 12.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 7462103568
https://www.radhikafx.com/
Level 6, Ken Lee Building, 20 Edith Cavell Street, Port Louis 11302, Mauritius
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
1-2 years
Company Name
Radhika Capital Markets Ltd
Email
support@radhikafx.com
Contact Number
+447462103568
Account Info
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • radhikafx.com
    119.18.54.126
    Server Location
    India India
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Review summary

Radhika Capital Markets Ltd (RCM) is a Mauritius-registered entity that has been operating for 1-2 years. The broker holds no valid retail forex trading licenses from recognized global authorities; while it possesses a Securities Trading License (EP) from the Mauritian FSC, this does not constitute mainstream forex regulation. According to WikiFX data, the firm's overall score of 1.24 reflects a significant deficiency in critical areas such as regulatory oversight and risk control. Trading conditions include leverage offerings of up to 1:500 on its Standard account, with minimum spreads starting from 2.5 pips on its Pro account. The lack of established regulatory safeguards requires that any engagement be approached with a high degree of investor caution. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)

Company Profile

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

RCM Review: Multiple Cases of Unregulated Operations and No License Found – A Critical Warning

Exposure RCM Review: Multiple Cases of Unregulated Operations and No License Found – A Critical Warning

Is RCM a legit broker? Our RCM review reveals the truth about RCM Forex, including its alarming lack of regulation, reported withdrawal problems, and serious user complaints. Stay safe from this unregulated broker and understand the significant risks involved.

Wiki Q&A

How is the fund security of RCM evaluated?

Based on WikiFX's assessment, the fund security profile for Radhika Capital Markets Ltd presents significant concerns. The broker operates without a valid retail forex license from any recognized global authority, scoring a regulatory index of 0.00 and an overall score of 1.24 out of 10.0, which falls within the very high-risk category. The firm's reported business scope is flagged as 'Suspicious' within the WikiFX system. In the absence of proper regulatory oversight, client funds are not protected by standard compensation schemes or segregated account requirements mandated by top-tier regulators.

In a week
United States

What is the current regulatory status of RCM?

Radhika Capital Markets Ltd is an unregulated entity for retail forex and CFD trading. While the company holds an 'Active' Securities Trading License (EP: GB25204826) from the Mauritian Financial Services Commission (FSC), this license does not authorize or supervise its core business of providing leveraged foreign exchange trading services to retail clients. The broker possesses no valid licenses from major authorities like the UK's FCA, Cyprus's CySEC, or Australia's ASIC. Therefore, it operates outside the mainstream global regulatory framework for forex brokers.

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United States

Where is RCM registered?

RCM is registered as Radhika Capital Markets Ltd in Mauritius. The entity has been operating for approximately 1-2 years, according to its registration details.

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What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

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How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

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What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

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How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

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How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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