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The WikiFX Score of this broker is reduced because of too many complaints!

RIST VERSOS

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

https://www.ristversos.com/index111.html

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
RistVersos-Server MT5
Server Location Hong Kong

Contact

https://www.ristversos.com/index111.html
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

RIST VERSOS LIMITED

Company Abbreviation

RIST VERSOS

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 4
Previous Detection : 2024-05-20
  • 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 19 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Pyramid scheme complaint
Expose
Scam

Scammed me.

With $1796.92 in my account I asked for full withdraw and through on-line chat hey told me it take 3 to 5 business day to get the money. On Thursday morning September 9th there was no sign of my money being transferred and account balance on my account was still $1796.92. The same day in the afternoon I opened the platform an I noticed that there is only $2.67 left in my account ad whole balance was gone, the withdrawal request was made a night before.

2021-09-13 05:49
Unable to Withdraw

Fund Manager Scammed Me!

There's this man saying he's UOB Fund Manager, he can help me earn some investment on MT5. He asked me to register under Rist Versos. He asked me to deposit and invest at specific day and specific time. then he asked me to deposit and invest at specific day and specific time. After that you already can guess the profit doubled up...n then i withdraw for the first time successfully. When trade 2nd and 3rd time, profits are more. I borrow friend's money to invest, so i want to withdraw and return to them. Thats where all the drama comes in....say i need to pay tax (USD5360), and then becuase the guy i mentioned just now 刘子杰 bank in USD15k money for me to become member (20k USD to get 888 bonus). Then they penalize me for half of his deposit at @USD7500. Lastly when i paid, the money is out for many days, again when i ask customer service why i didnt receive. They said the money is stuck at 3rd party payment as the bank card system is under maintenance and as me to pay USD6450 (if i rmb the fee correctly). In the end i paid all still giving me all kind of excuses saying i cannot withdraw. At last its the funniest reason, cuz they said my account is insecure, need to pay USD10k+ for account security before i can withdraw. That guy 刘子杰 pretended he help me saying he will deposit USD5k and ask me to deposit the rest but my family all said its scam. So i stop and now the account are frozen.

2021-08-30 17:03

    RIST VERSOS · Company Summary

    General Information & Regulation

    RIST-VERSOS-LIMITED hummingbird is a global online foreign exchange and contract for differences broker, providing high-speed and stable trading platform and low margin quotation for more than 100,000 retail and institutional customers in more than 70 countries.

    Market Instruments

    RIST-VERSOS allows traders to get access to more than 50 kinds of currency pairs, commodities, indices, spot silver, spot gold, and more.

    Minimum Deposit

    In terms of minimum initial deposit, RIST-VERSOS does not make this part clear. In most cases, many brokers would require their traders to fund at least $100 or equivalent amount to start real trading.

    Leverage

    Trading leverage varies depending on particular instruments: 200:1 for forex trading, 100:1 for gold and silver trading.

    Trade Size

    The minimum trade size per order is 0.01 lot and the maximum trade size for forex trading and gold, silver, crude oil trading is 20 lots, for indices trading 10 lots.

    Spreads & Commissions

    The minimum spread for several forex pairs including EUR/USD, USD/JPY, GBP/USD and USD/CHF is 0.01 pips, and the maximum spread for these pairs is 20 pips.

    Trading Platform Available

    When it comes to trading platform available, RIST-VERSOS offers the famous MT5 trading platform, available in PC, Android and IOS devices. MT5 is an updated and improved version of its predecessor MT4, providing a library of technical analysis tools, technical charts and indicators, more than 80 most popular analysis tools available.

    Deposit & Withdrawal

    When it comes to payment methods available, RIST-VERSOS does not make this part clear. Some common funding options supported by most brokers include Credit Card, Debit Card, Wire Transfer, PayPay, as well as some online payment processors including Skrill and Neteller.

    Customer Service

    The RIST-VERSOS website is available in three languages: Chinese, English and Japanese. The RIST-VERSOS customer support can be reached through online chat, which is the quickest method to get responded.

    User Reviews

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    Comments

    Write a review

    xinyang
    more than one year
    I ONCE TRIED TRADING AT RIST VERSO, BUT EVENTUALLY GAVE UP. Their trading platform is not stable enough, and there are often delays or disconnections, which makes me very uneasy. And their customer service didn't give me a good solution, which made me feel very disappointed. I ended up switching to another brokerage firm in the hope that they would improve the quality of the service.
    2023-03-31 14:23
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    0
    Mr.T
    more than one year
    What should I say, hateful RIST VERTSOS, Yes! This platform stole my hard-earned money, then they ran away. I was unable to contact staff, open its official website…
    2023-02-14 09:45
    Reply
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