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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

RSI

Montenegro Montenegro | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://rsiforex.com

Website

Rating Index

Contact

+382 67 562 558
https://rsiforex.com
Njegoseva BR. 40 Podgorica MONTENEGRO

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Montenegro
Operating Period
5-10 years
Company Name
RSI Technology Podgorica LLC.
Email
support@rsiforex.com
Contact Number
+38267562558
Company Website
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • rsiforex.com
    104.28.13.21
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

RSI Review Summary
Founded2017
Registered Country/RegionMontenegro
RegulationNo regulation
Market InstrumentForex
Demo Account/
Leverage/
Spread/
Trading PlatformMetaTrader 5 (MT5)
Minimum Deposit/
Customer SupportPhone: +382 20690236
Email: support@rsiforex.com

RSI Information

RSI is an unregulated forex broker that started in 2017 and is situated in Montenegro. It has a lot of trading tools, like MetaTrader 5, FXRM risk management, and white label services, but it doesn't have any regulatory oversight or support for trading items other than forex.

RSI's homepage

Pros and Cons

ProsCons
Offers MetaTrader 5No regulatin
Supports FXRM risk management integrationNo diversification beyond forex
White label solution for broker startupsUnclear fee structure
No info on deposit and withdrawal

Is RSI Legit?

There is no regulatory authority in Montenegro, where RSI (rsiforex.com) is registered, that expressly watches over forex or CFD brokers.

No license

The WHOIS database says that rsiforex.com was registered on December 6, 2017, and that it will expire on December 6, 2026. The last time the domain was changed was on September 25, 2024. It is now marked with a status that says “client transfer not allowed.”

Domain information

What Can I Trade on RSI?

RSI offers a wide range of forex trading products, including EUR/USD, EUR/JPY, EUR/GBP, EUR/CHF, etc. However, there is no clear indication that it supports other asset classes.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptos
Bonds
Options
ETFs

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5 (MT5)Desktop, Mobile, TabletExperienced traders
MetaTrader 4 (MT4)/Beginners
MT5

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of RSI evaluated?

WikiFX assessment indicates that RSI, operating as RSI Technology Podgorica LLC. in Montenegro, presents significant fund security concerns due to its unregulated status; it holds no valid regulatory licenses, which means client capital lacks formal protection schemes such as segregated accounts or investor compensation funds typically mandated by established financial authorities.

04-02
United States

What regulatory licenses does RSI hold?

According to WikiFX data, RSI Technology Podgorica LLC. operates without any verified mainstream regulatory licenses for forex trading, placing it outside the oversight of recognized financial authorities like the FCA, ASIC, or CySEC. Investors should be aware that engaging with an unregulated entity carries inherent risks, as standard safeguards are not in place.

04-02
United States

Is RSI suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose RSI or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with RSI?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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