Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

Richness Empire

United Kingdom|2-5 years|
MT5 Full License|Regional Brokers|High potential risk|

http://www.richnessep.com/en/index.html

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
RichnessEmpire-Server MT5
Server Location Hong Kong

Contact

support@richnessep.com
http://www.richnessep.com/en/index.html
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Richness Empire

Abbreviation

Richness Empire

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-07-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 26 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Richness Empire · WikiFX Survey

Users who viewed Richness Empire also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

8.22
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

VT Markets

8.59
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

HFM

8.26
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website
Pyramid scheme complaint
Expose

    Richness Empire · Company Summary

    General Information & Regulation

    Richness Empire (or Richness Forex) is a forex exchange dealer registered in the United Kingdom, with its actual address, founding time and the company behind it unknown to all. And Richness Empire is an unregulated broker already exposed as a potential scam by the financial authorities in the UK.

    Market Instruments

    Tradable financial instruments available on the Richness Empire include forex currency pairs, commodities, indices, stocks, crypto currencies.

    Minimum Deposit

    With respect to the minimum initial deposit offered by this broker, Richness Empire does not make this broker clear. In any case, most piers of Richness Empirerequire initial deposits in the range of $100 – $250.

    Leverage

    In terms of trading leverage offered, Richness Empire provides leverage of up to 1:1000, which is pretty excessive and dangerous for traders. Most regulators have restricted the leverage that could be offered to retail investors to levels well below 1:100.

    Spreads & Commissions

    Richness Empire‘s platform offers the fixed spread on the EUR/USD pair at 2.0 pips, which isn’t favorable for traders.

    Trading Platform Available

    To our surprise, what Richness Empire offers its traders is the widely recognized and famous MT5 trading platform. However, given the fact that this broker is an unregulated one, the availability of the latest MetaQuotes platform doesnt make it a credible brokerage firm.

    Deposit & Withdrawal

    When it comes to payment methods available, this is another piece of information we miss. In any case, most brokers accept VISA and MasterCard, bank wires, and e-wallets like Skrill, Paypal, Neteller, etc.

    Trading Risks

    It is never a good idea to work with an unregulated broker. This is because there is no excuse for a broker not to have at least some kind of license. The lowest-tier regulators have minimal requirements and oversight, and it is not a good idea to sign up with a broker with a low-tier license.

    User Reviews

    Sort by content

    • Sort by content
    • Sort by time

    User comment

    3

    Comments

    Write a review

    Matthew111
    more than one year
    The spreads are absolutely ridiculous. It's like they're trying to take as much of your money as possible with every trade. And the trading platform itself is just plain bad. It's clunky, slow, and frustrating to use. But the worst part of it all has to be the customer service. It's like they're intentionally trying to be unhelpful. Every time I've had an issue or a question, they've been zero help at all. It's just so frustrating to deal with.
    2023-03-30 10:48
    Reply
    0
    0
    FX1087398061
    more than one year
    Their platform cannot log in, and the money in my account cannot be withdrawn. I have contacted customer service many times, but I have not received any replies so far. If this continues, I'm going to go to the police.
    2022-12-01 10:23
    Reply
    0
    0
    Hery
    more than one year
    This shameless Richness Empire blocked my account on their side, and I contacted my account to ask what happened several times, he didn’t respond me at all. I made a deposit of $2,000 here! Until now, no one tell me what has happened? Am I cheated? Anyone who has experienced the same? Who can help me!
    2022-11-30 14:37
    Reply
    0
    0
    28
    TOP

    Chrome

    Chrome extension

    Global Forex Broker Regulatory Inquiry

    Browse the forex broker websites and identify the legit and fraud brokers accurately

    Install Now

    Select Country/Region
    • Hong Kong China

    • Taiwan

      tw.wikifx.com

    • United States

      us.wikifx.com

    • South Korea

      kr.wikifx.com

    • United Kingdom

      uk.wikifx.com

    • Japan

      jp.wikifx.com

    • Indonesia

      id.wikifx.com

    • Vietnam

      vn.wikifx.com

    • Australia

      au.wikifx.com

    • Singapore

      sg.wikifx.com

    • Thailand

      th.wikifx.com

    • Cyprus

      cy.wikifx.com

    • Germany

      de.wikifx.com

    • Russia

      ru.wikifx.com

    • Philippines

      ph.wikifx.com

    • New Zealand

      nz.wikifx.com

    • Ukraine

      ua.wikifx.com

    • India

      in.wikifx.com

    • France

      fr.wikifx.com

    • Spain

      es.wikifx.com

    • Portugal

      pt.wikifx.com

    • Malaysia

      my.wikifx.com

    • Nigeria

      ng.wikifx.com

    • Cambodia

      kh.wikifx.com

    • Italy

      it.wikifx.com

    • South Africa

      za.wikifx.com

    • Turkey

      tr.wikifx.com

    • Netherlands

      nl.wikifx.com

    • United Arab Emirates

      ae.wikifx.com

    • Colombia

      co.wikifx.com

    • Argentina

      ar.wikifx.com

    • Belarus

      by.wikifx.com

    • Ecuador

      ec.wikifx.com

    • Egypt

      eg.wikifx.com

    • Kazakhstan

      kz.wikifx.com

    • Morocco

      ma.wikifx.com

    • Mexico

      mx.wikifx.com

    • Peru

      pe.wikifx.com

    • Pakistan

      pk.wikifx.com

    • Tunisia

      tn.wikifx.com

    • Venezuela

      ve.wikifx.com

    United States
    ※ The content of this website abides with local laws and regulations.
    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:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com