Review summary
Reliance Capital Markets is a forex brokerage entity established 2-5 years ago, with its registered location listed as China. According to WikiFX data, the broker's regulatory status is highly concerning, as it holds no valid authoritative licenses for forex trading and operates without oversight from any recognized financial authority. The firm's business scope is noted as operating in a region associated with heightened risk. The WikiFX comprehensive assessment score for this broker is 1.44 out of 10, reflecting significant deficiencies across key operational categories. Public exposure highlights severe issues regarding fund withdrawal problems and customer fund handling. Investors should exercise utmost caution due to the complete absence of regulatory protection and credible operational transparency. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-04)
