Menu

RBC Trade Review: Rbctrade.io Awful Forex Scam

RBC Trade Review: Rbctrade.io Awful Forex Scam

Share This!

RBC Trade (Rbctrade.io) is the latest CFDs, Crypto Currency and Forex Scam to hit the lucrative trading world. RBCTrade is purporting to offer an effective and powerful tool for trade. Rbctrade is also offering users a welcome bonus starting from 25% to 100% depending on the account type. With such a high bonus set, investors are opening accounts without a second thought. Read this detailed and honest RBC TRADE Review.

RBC Trade Review

For investors looking to make real profits trading with Crypto Currency, we recommend using approved tools. Crypto Currency trading robots which have been licensed to produce sustainable profits are available. You can start making real profit margins thanks to tested and trusted Crypto tools. Simply choose Crypto Currency trading robots which have been given the thumbs up by the trading community. Make sure to sign up with leading and transparent Crypto Currency trading robots.

RBC Trade Review

After receiving numerous email complaints from users, we knew something was amiss. Trouble started brewing when members realized they could not withdraw funds with RBCTRADE. Scam artists have cloned this website to mimic a real trading website. With their over the moon claims and promises, investors signed up in droves. Exposing these scam artists will ensure no other investor will fall for this trap. Thanks to our years of trading experience, we know how to spot a scam from a mile away.

RBC Trade is taking advantage of unsuspecting investors by offering a fake trading website. At first glance, all seems to be working up until when you realize no one can withdraw funds. Scam artists have perfected the art of designing websites and fooling anyone who signs up. What they have managed to do is steal from different investors worldwide. Negative comments are all over the web regarding how users are being mistreated. Read this full review and find out the whole truth.

About RBC Trade

Not much is known about the actual owners or people behind this shoddy scam platform. What we do know is they have chosen Luxembourg as their base of operation. RBC Trade is using fake location details to try and entice investors from the European region. For all we know, this could be another offshore based platform out to cause havoc. A problem with their contact details is using different phone numbers with different area codes. Where exactly are they located?

NB: Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners.   With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout In First Few Hours After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase.

endotech_AI_for_auto_crypto_trading

Another disturbing feature with RBC Trade is in regards to anonymity. An anonymous online trading platform is bad news for all investors. We still don’t know who is running the show with this platform. For all we know, this could be another money laundering site dealing with illicit activities. Who are the founding members of this platform? Why can’t we get the actual names of people running this website? Whoever signs up with this platform is bound to lose their entire deposit. The smart decision is to stay away.

Is RBC Trade licensed or registered?

With claims of being based in Luxembourg, you would expect the platform to be licensed by European governing bodies. To try and confirm their licensing status, we reached out to various regulatory bodies. Some of the regulatory bodies we contacted include ASIC, CONSOB, FCA, NFA, and SEC. None of these bodies has ever heard of a broker with this name. With this clarification, we are sure RBC Trade is operating illegally. Deposits are not safe with any unlicensed online entity.

Why have they failed to provide members with copies of their license documents? A real trading website will provide proof of their licensing by posting their certificates. Without any certificates to show, we are sure RBC Trade is another online scam platform. Make sure to check whether the licensed number posted is the same as the one on the certificates. Smart investors read reviews to find out whether a platform is worth their time. RBCTRADE is unauthorized to conduct any Forex business.

Why not partner with authentic and dependable brokers and start making real profits? Brokers with the right mindset will help you make real profits. Some of the best decision you can make is having a reliable broker by your side. Genuine and honest brokers are there to ensure you trade safely without any glitches. What are you waiting for? Make sure to sign up with brokers who are recommended by the trading community. It is time to make the move and associate with credible online brokers.

Advantages of RBC Trade

We checked to see whether there is any advantage of dealing with this website. Sadly, we could not come up with any advantage of dealing with a platform which is stealing from members. Illicit platforms such as RBCTrade are only good at stealing from unsuspecting investors. Since the platform lacks a valid trading license, funds are never safe. We believe funds deposited head straight to the pockets of these scammers. It is why they close down accounts once you start asking for withdrawals.

Disadvantages of RBC Trade

Accounts offered

RBC Trade Account Types

RBC Trade is furnishing users with four different accounts to choose from. Accounts are named Starting, Basic, Standard, and VIP. What seems to be a huge problem with these accounts is the bonus issued. Bonuses start at 25%, 50%, 75%, and 100% with each account type. What we noticed weird with these accounts is users are asked to pay back the bonuses. Investors are not able to withdraw any funds and have to pay back the bonuses. Why issue a bonus when you will later ask for it?

Deposit and withdrawal

When it comes to account funding, users are to use bank transfer, Credit, and debit cards. Depositing is easy and fast and takes less than five minutes. Withdrawing funds still remains to be a huge issue with this platform. No member has come out and provided proof of ever withdrawing funds with this platform. Lack of any means to withdraw makes RBC Trade an outright online investment scam platform.

No Demo Account

Why have they failed to give users a demo account? Without a demo account, it means users are signing up blindly. Does the platform execute trades fast? These are some of the questions a demo account helps solve. Smart investors make sure to try out a demo account before committing to a real account. Make sure to check out whether a platform offers a demo account before signing up.

Unresponsive customer support

Another disturbing feature with this platform is the fact that they fail to offer a live chat support. With today’s advance technology, you would expect a platform to have live chat support. A huge problem with RBC Trade is they prefer to use email and phone calls. Emails are one way and these scam artists may decide never to respond to your emails. Account managers will call you at odd hours demanding you deposit more funds.

Are funds safe with RBC Trade?

How can funds be safe with a platform which is anonymous and lacks proper license documents? Another huge shocker with this platform relates to segregation of accounts. Funds are never safe as the platform does not participate in a compensatory scheme. Ensure you stay away from this platform to stay safe.

Is RBC Trade a scam?

RBC Trade Trading Platforms

Evidence clearly points to RBCTrade being another rotten online scam. Best make sure to stay away from this illicit platform or else face the music. From the negative comments floating around the web to lack of withdrawal, RBCTRADE is a scam. Avoid any platform which shares the same characteristics as this platform. Ensure you stay safe and use recommended products. Once you receive any calls from their agents, ignore them.

Bottom line

We will be adding this platform to our blacklist to protect our esteemed readers.

Go for affordable and reliable Forex trading robots for an effective trading experience. Accountable and transparent Forex trading robots is what you need to make real profits. What are you waiting for? Sign up today!

Wishing all investors a lucrative trading experience.

If You'd Like to Get Notified When This Blog is Updated, Subscribe Below...

Summary
Review Date
Product Name
RBC Trade
Author Rating
11stargraygraygraygray

Leave a Reply

Your email address will not be published. Required fields are marked *

endotech_AI_for_auto_crypto_trading




Binary Option Scams, Warnings, Reviews & Updates...

Endotech_autotrading

Popular Articles

Follow Us

Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons