Richmond Super broker presents an impressive website, enticing you to embark on a promising trading journey with them. However, we understand the importance of delving beyond mere appearances and seeking detailed information about the broker. To uncover what we have learned about this investment firm, take a look at our comprehensive Richmond Super review.
Website – https://richmondsuper.com/
Address- Saint Vincent and the Grenadines
Warning – Ontario Securities Commission (Canada), British Columbia Securities Commission (Canada), Financial Market Authority (Austria)
Richmond Super Review: Regulation
Without proper regulation, there are no guarantees of recovering your funds if any issues arise with a broker. When a company lacks a license and compensation fund, you have no recourse in the event of a scam.
As for Richmond Super regulation, numerous questions arise concerning their compliance and oversight.
Based on the company own Terms and Conditions, it is evident that Richmond Super operate under the law of Saint Vincent and the Grenadines. However, this automatically indicates a lack of licensing since the FSA does not regulate binary options and Forex firms in that jurisdiction.
Additionally, the absence of regulation in the EU, Asia, Australia, and other reputable regions further solidifies the suspicion that Richmond Super is likely another scam firm.
Warning issued against Richmond Super
Upon encountering numerous complaints regarding Richmond Super, we conducted a further investigation to see if any regulatory authorities had taken notice of this company. Our findings revealed that the Austrian Financial Market Authority (FMA) had issued an official warning.
The FMA’s warning clearly indicates that Richmond Super is an unregulated entity engaged in scam activities across Europe. The Italian Securities and Exchange Commission (CONSOB) also republished this warning, reinforcing the need for everyone to be cautious and vigilant regarding Richmond Super’s operations.
Negative Reviews and Complaints
Richmond Super reviews paint a far from favorable picture of the company. Clients have encountered various problems, such as difficulties with withdrawals, login issues, unprofessional behavior from account managers, and suspicious tactics. One major concern is the alleged use of fraudulent software called AnyDesk, enabling unauthorized access to customers’ desktop or mobile devices and subsequently compromising their online banking credentials. Unfortunately, these actions occur with virtual approval through electronic signatures, making it exceptionally challenging to recover lost funds once scammed.
Richmond Super Review: Trading Accounts
The account names chosen by this company appear to target clients’ long-term aspirations. Richmond Super offers five account types: Trial Trading Account – Minimum deposit $250, Passive Income – $10,000, Portfolio Management – $50,000, Retirement – $100,000,Heritage – $250,000.
Each account type provides distinct benefits, such as reduced spreads, increased leverage, and additional educational resources.
Regrettably, there is no Richmond Super Demo account available. To test their system, potential users will need to make a deposit first, as no trial version is offered.
Trading platform
The Richmond Super trading platform lacks any notable distinguishing features. Despite investing a substantial amount in creating its website, the company appears to have neglected the provision of advanced trading software. Clients are limited to using the WebTrader, as MT4 and MT5 are not available.
Furthermore, the absence of mobile trading capabilities means users cannot access their trades conveniently from anywhere. Instead, they must sign in through their web browser every time they wish to monitor or manage their trades, resulting in inconvenience and inefficiency.
Conclusion
If you have fallen victim to the Richmond Super scam, reach out to us immediately.
Our team of recovery specialists can assist you in obtaining a refund through a chargeback process. Don’t delay any further and report the scheme promptly.
You are not alone in your negative experience with this company, and we are here to provide support. Schedule a free consultation via our online chat, and let’s work together to reclaim your funds before the company vanishes.
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Richmond Super Review was first posted on August 3, 2023 at 9:24 am.
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