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/10

Roden

The Virgin Islands|2-5 years|
White label MT5|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

http://www.roden-fx.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
RodenGlobal-Server MT5
Server Location Hong Kong

Contact

44 0845 838 7811
support@roden-fx.com
http://www.roden-fx.com/en
291 BRIGHTON ROAD SOUTH CROYDON UNITED KINGDOM CR2 6EQ

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

44 0845 838 7811

Broker Information

More

Company Name

Roden Global Limited

Company Abbreviation

Roden

Platform registered country and region

The Virgin Islands

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-06-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0544121) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United States NFA(license number: 0544121)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

Roden · WikiFX Survey

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Expose

Roden · Company Summary

General Information

According to the website, Roden Global Limited introduces itself as an online forex trader founded in 1993, who offers foreign exchange, futures, options, stock transaction with CFDs and related services for all over the world retail and institutional clients. However, domain check results showed it was newly created in 2021. This is the first red flag here.

Regulatory Controversy

Roden mentions the company is located in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. But we did not find any match results to Roden in the FCA. So Roden is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law.

Leverage

Roden's default account leverage is 100:1 and up to 500:1. If an investor is not satisfied with the default leverage, he/she can apply for a higher leverage. However, leverage amplifies potential profits, but it also immensely boosts risks.

Trading Platform

Roden offers its clients access to the world financial markets via the MetaTrader 5 (MT5) platform, which is used by millions of traders worldwide and is available for both PC and cell phones.

Transaction Time

Normal trading week began in the U.S. Eastern time 17:00 PM Sunday, ending in the U.S. Eastern time 16:00 PM Friday, 24 hours of continuous trading. Corresponding to the Beijing time: daylight saving time Monday morning at 5:00, at 4:00 a.m. Saturday; winter Monday morning at 6:00, at 5:00 a.m. Saturday

Contact Information

Should investors have any questions, they can contact Roden via email support@roden-fx.com. Company Address: 291 Brighton Road, South Croydon, CR2 6EQ, United Kingdom.

News

WIKIFX REPORT: Investor Alert! Beware the Unregistered Broker Roden Global

NewsWIKIFX REPORT: Investor Alert! Beware the Unregistered Broker Roden Global

2022-06-07 14:38

Recently, BrokersView learned that Roden Global has been one of the fraudulent brokers.

WikiFX
2022-06-07 14:38
News
WIKIFX REPORT: Investor Alert! Beware the Unregistered Broker Roden Global

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