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    Richness Empire

    Richness Empire

    United Kingdom
    2-5 years Suspicious Regulatory License MT4/5 full license Chinese market only High potential risk
    MT4/5 MT5 Download Identify the website Time Machine
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    Score
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    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    /  10
    License 0.00
    Risk Manag 0.00
    Software Index 6.13
    Business 5.34
    Regulatory 0.00
    Company Abbreviation

    Richness Empire

    Registered region

    Richness Empire United Kingdom

    Company Name

    Richness Empire

    Company address

    --

    Website

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

    No valid regulatory information

    Please be aware of the risk!

    Broker Information

    Customer Service Phone Number

    --

    Customer Service Email Address

    support@richnessep.com

    Company summary More
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    Warning: Low score, please stay away!
    2
    2022.01.18
    It has been verified that this broker currently has no valid regulatory, 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!
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core

    1G

    40G

    $ 0.99/month
    open now

    Exposures

    Expose
    28 pieces of exposure in total
    Resolved Obvious scam
    After paying taxes, I was told that there are overseas funds remitted and I need to pay more than RM 10,000 deposit
    FXAYTmed3775

    2021/7/19 3:37:27
    Resolved Unable to withdraw. Threaten users
    I oculd witdhraw funds at the beginning. And then I have to pay a 40% tax.
    mylife000

    2021/7/16 2:42:55
    Unable to withdraw Shameful financial scammer, Miss Wen Na
    This is a fake platform, don't get fooled, they cheated from beginning to the end, and I still cannot withdraw money
    FXDEWkgo8693

    2021/7/11 23:27:11
    Unable to withdraw Unable to login or withdraw funds
    I deposited nearly half a million dollars into my platform account, and I can’t log in now, and I can’t withdraw funds normally. This platform is a fraud platform
    FXXTYrql9698

    2021/6/12 14:19:56
    Unable to withdraw Unable to login and withdraw
    The account has been blocked for one month, the deposit was paid, and it was still impossible to log in and withdraw funds. Please don't trust the margin.
    FXXTYrql9698

    2021/5/12 8:47:41
    Unable to withdraw Scam
    We have to pay 30% to the tax bureau before withdrawing funds. And they said we could get the money in one working day. Isn’t it a scam?
    FXCGDldk8426

    2021/5/11 4:23:13
    Unable to withdraw Can't withdraw
    I apply for withdrawal on April 30. And now I was asked to pay 30% to the tax bureau
    FXCGDldk8426

    2021/5/9 8:04:37
    Unable to withdraw Unable to withdraw and No reply from customer service
    I have been messaging the customer service for 3 days now about the withdrawal from my account; however, there haven't been any reply yet. I have met this guy in a dating app and said that he would help me increase my principal amount, at first, yes he did help me, but on subsequent trading, he won't help me unless I apply for an overdraft of at least 2000 US dollars, unfortunately I wasn't able to meet his demands so that's why he told me to apply for an overdraft of 3000 - 5000 us dollars and I did. After able to come up with the money, he told me that I cannot withdraw unless I top up another 5000 us dollars in which case I did; thereafter, I decided to withdraw the money but unfortunately, the customer service won't reply to me for 3 days and they have been sending messages with: "Hello, it is being processed for you, please wait a moment". I just have to face the fact that I have lost a lot of money and I'm in a very serious debt issue because of Richness - Forex
    FXRWDmic7835

    2021/4/21 14:50:24
    Richness Empire · MT4/5
    Identification Result MT4/5 full license
    The formal brokers with MT4/5 full license offer complete system service and follow-up technical support. In general, their businesses and techniques are relatively mature and the risk management abilities are much stronger.
    RichnessEmpire-Server
    MT5
    Server Name
    RichnessEmpire-Server
    Most visited countries/areas
    Hong Kong
    Richness Empire · Identify the website

    Most visited countries/areas

    richnessep.com
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    richnessep.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    192.161.187.200
    Website
    --
    Company
    --

    Richness Empire

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    Richness Empire

    1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

    1.pngWikiFX will not disclose your personal information to third parties.

    1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

    1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    Richness Empire
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    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.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.