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About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

RG GROUP

Mauritius Mauritius | 2-5 years |
ECN Account Questionable Regulatory License | MT4 Full License | Regional Brokers | High Potential Risk

https://richgoldfx.com/en/

Website

Rating Index

MT4/5 Verification

MT4/5

Full License

RichGold-Demo

Hong Kong
Hong Kong
MT4
10

Influence

C

Influence Index NO.1

Thailand Thailand 2.85
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

MT4/5 Verification

MT4/5 Verification

Full License

10
Server Name
RichGold-DemoMT4
Server LocationHong KongHong Kong

Influence

Influence

C

Influence Index NO.1

Thailand Thailand 2.85
Surpassed 20.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://richgoldfx.com/en/
2ND FLOOR, SUITE 201, THE CATALYST Cybercity Ebene,72201, Mauritius
Forex License
Other 1
risk

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

Company Profile 6
2-5 years
Questionable Regulatory License
MT4 Full License
MT5 Full License
Regional Brokers
High Potential Risk
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
2-5 years
Company Name
RICH GOLD MARKETS (Mauritius) LIMITED
Abbreviation
RG GROUP
Employees
--
Email
info@richgoldfx.com
Address
2ND FLOOR, SUITE 201, THE CATALYST Cybercity Ebene,72201, Mauritius
FX1802979057

FX1802979057

Unverified

Vietnam

The fraudulent platform arbitrarily locks customer accounts.

Exposure

Papatchanan Puipuii

Papatchanan Puipuii

Verified

Thailand

They refuse to pay when trades are profitable, claiming rule violation even though no rules were ever set before trading. They're not willing to pay this little amount, so they just shut it down.

Exposure

FX1005516656

FX1005516656

Verified

Thailand

After nearly two months of leveraging the copy system provided by the broker, the moment my portfolio turned profitable, the broker accused me of trading against the rules, despite never clarifying their T&Cs, and seized my profits, allowing only the withdrawal of my capital. This is incredibly low, taking advantage of traders.

Exposure

FX3658496630

FX3658496630

Unverified

Thailand

Stable chart, spreads don't widen. The service staff are very good. 😘

Positive

Positive

ULTIMATE TRADER

ULTIMATE TRADER

Verified

Thailand

This broker allows us to trade. If we lose, they say nothing. But when we make a profit, they accuse us of violating rules and return only the capital after we've been trading for 1-2 months. There's no business integrity.

Exposure

FX3575308021

FX3575308021

Unverified

Thailand

After trading for over a month, the moment I made just a 10% profit, the broker shut down my account and refused to pay the profits, only allowing the withdrawal of my capital. When we're losing, the broker doesn't tell us how we're trading wrongly. I don't face these issues with other brokers. If they're so petty, they shouldn't even operate a brokerage.

Exposure

Hack2850

Hack2850

Unverified

Thailand

Unable to withdraw profits. The broker claims that we have violated the rules despite trading normally.

Exposure

7
Account Info
Related Personnel
Business Region
Verified Site
Relationship Map
Related Companies
About Us
Disclosure
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
2
MT4 Servers
1
MT5 Servers
35.36
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Verified Site

  • richgoldfx.com
    20.2.234.238
    Server Location
    Hong Kong Hong Kong
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Relationship Map

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RG GROUP

Related Companies

Rich Gold Group Limited(Hong Kong)
Hong Kong
Rich Gold Group Limited(Hong Kong)
Active
Hong Kong
Registration No. 1941735
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

Rich GoldReview Summary
Founded2024
Registered Country/RegionAustralia
RegulationRegulated
Market InstrumentsPrecious metals, forex, energies, indices, stocks, cryptocurrencies
Demo Account
LeverageUp to 1:1000
SpreadFrom 4 pips (CENt Account)
Trading PlatformTrading software (MT4)
Min Deposit$10
Customer SupportContact form
24/7 customer support
Email: info@richgoldfx.com
Regional RestrictionsThe United States clients are not allowed

Rich Gold Information

Rich Gold is a regulated broker, offering trading on precious metals, forex, energies, indices, stocks and cryptocurrencies with leverage up to 1:1000 and spread from 4 pips on Trading software(MT4). The minimum deposit requirement is $10.

Rich Gold Information

Pros and Cons

Pros Cons
With demo accountWide spreads
MT4 platform
Low minimum deposit requirement

Is Rich Gold Legit?

Yes. Rich Gold is licensed by ASIC to offer services.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Australia Securities & Investment CommissionRegulated RICH GOLD GROUP AU PTY LTDAppointed Representative(AR)001313430
Is Rich Gold Legit?
Is Rich Gold Legit?

What Can I Trade on Rich Gold?

Rich Gold offers trading on precious metals, forex, energies, indices, stocks and cryptocurrencies.

Tradable Instruments Supported
Forex
Stocks
Precious metals
Energies
Indices
Cryptocurrencies
ETFs
Bonds
CFDs
What Can I Trade on Rich Gold?

Account Type

Here are three account types Rich Gold offers:

Account TypeMin Deposit
CENT Account$10
STP Account$10
ECN Account$5000
Account Type

Leverage

The broker offers max leverage at 1:1000. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Leverage

Rich Gold Fees

Trading Fees

If the transaction is not profitable, there is no need to pay the performance fee to the strategy provider.

Rich Gold Fees

Rich Gold Spreads

Account TypeSpreads
CENT AccountFrom 4 pips
STP AccountFrom 2 pips
ECN AccountForm 0 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Trading software(MT4)Desktop, mobileBeginners
MT5/Experienced trader
Trading Platform
Trading Platform
Trading Platform

Deposit and Withdrawal

No minimum deposit or withdrawal amount defined and no fees or charges specified. The broker does not provide payment methods. Please be aware of the risk!

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • MT4 Full License
  • MT5 Full License
  • Regional Brokers
  • High Potential Risk

Wiki Q&A

Is it risky to trade with RG Group?

According to WikiFX data, trading with RG Group carries a high level of risk, primarily due to its lack of valid, authoritative forex trading licenses and regulatory oversight.

04-02
United States

When was RG Group established?

RG Group, whose full corporate name is Rich Gold Markets (Mauritius) Limited, has been operational for 1-2 years.

04-02
United States

Does RG Group support MT5?

Yes, RG Group offers traders full access to both MetaTrader 4 and MetaTrader 5 platforms, which are among its main operational strengths.

04-02
United States

What is the average execution speed of RG Group?

The broker maintains an average execution speed of 43 milliseconds, resulting in a 'B' grade for speed, and its overall technological setup is reflected in a high software index score of 9.22.

04-02
United States

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.

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

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

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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
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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.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com