RCM

Based on WikiFX's assessment, the fund security profile for Radhika Capital Markets Ltd presents significant concerns. The broker operates without a valid retail forex license from any recognized global authority, scoring a regulatory index of 0.00 and an overall score of 1.24 out of 10.0, which falls within the very high-risk category. The firm's reported business scope is flagged as 'Suspicious' within the WikiFX system. In the absence of proper regulatory oversight, client funds are not protected by standard compensation schemes or segregated account requirements mandated by top-tier regulators.

Radhika Capital Markets Ltd is an unregulated entity for retail forex and CFD trading. While the company holds an 'Active' Securities Trading License (EP: GB25204826) from the Mauritian Financial Services Commission (FSC), this license does not authorize or supervise its core business of providing leveraged foreign exchange trading services to retail clients. The broker possesses no valid licenses from major authorities like the UK's FCA, Cyprus's CySEC, or Australia's ASIC. Therefore, it operates outside the mainstream global regulatory framework for forex brokers.

RCM is registered as Radhika Capital Markets Ltd in Mauritius. The entity has been operating for approximately 1-2 years, according to its registration details.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

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