Rich Capital Broker Review : Fees, Pros and Cons, Reviews by Real Traders

Rich Capital Broker

Operating status: SCAM

Website: https://rich-capital.net/

Broker violations and abnormal records

Nov 08, 2022 BrokersView has Reviewed that Rich Capital Broker is an Unregulated Forex Broker
Rich Capital Broker claims a licensed investment broker founded in 1998 by a team of experienced traders, financial market experts, and IT specialists. The company is fully licensed and regulated by the Czech Financial Supervisory Commission (FSC) and has MiFID II passports.
First, when we checked its domain, we found it was newly created in 2022. So how could it start its business in 1998? It is a red flag here. Second, MiFID II is only a financial market instrument directive, not a regulator, and has no regulatory effect.
Third, please be informed that the forex regulator in Czech is the Czech National Bank (CNB) not FSC. we also did not find any match results for this broker in CNB. The truth is, Rich Capital Broker is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Rich Capital Broker claims a licensed investment broker founded in 1998 by a team of experienced traders, financial market experts, and IT specialists. The company is fully licensed and regulated by the Czech Financial Supervisory Commission (FSC) and has MiFID II passports. First, when we checked its domain, we found it was newly created in 2022. So how could it start its business in 1998? It is a red flag here. Second, MiFID II is only a financial market instrument directive, not a regulator, and has no regulatory effect.Third, please be informed that the forex regulator in Czech is the Czech National Bank (CNB) not FSC. we also did not find any match results for this broker in CNB. The truth is, Rich Capital Broker is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Dec 06, 2022 BrokersView has found that Rich Capital Broker's domain is not working
On 7 Dec 2022, BrokersView found that the domain of Rich Capital Broker (https://rich-capital.net/) was invalid.
The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

On 7 Dec 2022, BrokersView found that the domain of Rich Capital Broker (https://rich-capital.net/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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