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No Regulation
Score
0123456789
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0123456789
0123456789
/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
Hong KongContact
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 :
2024-05-02
- 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!
WikiFX Verification
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Exposure
3 pieces of exposure in total Pyramid scheme complaint
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.
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