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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

RSI

Montenegro Montenegro | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://rsiforex.com

Website

Rating Index

Contact

+382 67 562 558
https://rsiforex.com
Njegoseva BR. 40 Podgorica MONTENEGRO

license Forex License

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
Montenegro
Operating Period
5-10 years
Company Name
RSI Technology Podgorica LLC.
Email
support@rsiforex.com
Contact Number
+38267562558
Company Website
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • rsiforex.com
    104.28.13.21
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

RSI Review Summary
Founded2017
Registered Country/RegionMontenegro
RegulationNo regulation
Market InstrumentForex
Demo Account/
Leverage/
Spread/
Trading PlatformMetaTrader 5 (MT5)
Minimum Deposit/
Customer SupportPhone: +382 20690236
Email: support@rsiforex.com

RSI Information

RSI is an unregulated forex broker that started in 2017 and is situated in Montenegro. It has a lot of trading tools, like MetaTrader 5, FXRM risk management, and white label services, but it doesn't have any regulatory oversight or support for trading items other than forex.

RSI's homepage

Pros and Cons

ProsCons
Offers MetaTrader 5No regulatin
Supports FXRM risk management integrationNo diversification beyond forex
White label solution for broker startupsUnclear fee structure
No info on deposit and withdrawal

Is RSI Legit?

There is no regulatory authority in Montenegro, where RSI (rsiforex.com) is registered, that expressly watches over forex or CFD brokers.

No license

The WHOIS database says that rsiforex.com was registered on December 6, 2017, and that it will expire on December 6, 2026. The last time the domain was changed was on September 25, 2024. It is now marked with a status that says “client transfer not allowed.”

Domain information

What Can I Trade on RSI?

RSI offers a wide range of forex trading products, including EUR/USD, EUR/JPY, EUR/GBP, EUR/CHF, etc. However, there is no clear indication that it supports other asset classes.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptos
Bonds
Options
ETFs

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5 (MT5)Desktop, Mobile, TabletExperienced traders
MetaTrader 4 (MT4)/Beginners
MT5

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of RSI evaluated?

WikiFX assessment indicates that RSI, operating as RSI Technology Podgorica LLC. in Montenegro, presents significant fund security concerns due to its unregulated status; it holds no valid regulatory licenses, which means client capital lacks formal protection schemes such as segregated accounts or investor compensation funds typically mandated by established financial authorities.

04-02
United States

What regulatory licenses does RSI hold?

According to WikiFX data, RSI Technology Podgorica LLC. operates without any verified mainstream regulatory licenses for forex trading, placing it outside the oversight of recognized financial authorities like the FCA, ASIC, or CySEC. Investors should be aware that engaging with an unregulated entity carries inherent risks, as standard safeguards are not in place.

04-02
United States

Is RSI suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose RSI or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with RSI?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

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.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

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.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
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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.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
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