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

Richness

China|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Chinese market only|High potential risk|

https://richnes5.com/en?tag=home

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
RichnessEmpire-Demo MT5
Server Location Hong Kong

Contact

info@trader.com
https://richnes5.com/en?tag=home
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Broker Information

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Company Name

Richness Empire Limited

Company Abbreviation

Richness

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-28
  • 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 8 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
Unable to withdraw

Intend to get their way, by hook or by crook.

She wanted my family to help me raise money. So I said my dad was in hospital because of this issue. But she said I delayed to pay to withdrawal so my dad was angry. Obviously, she stimulated me but I just ignored her. I should not pay the supposed taxes to withdraw funds. I hope these guys can be brought to justice cuz they ruined our asset security.

2021-07-05 23:02
Unable to withdraw

Unable to withdraw

Withdrawal needs to pay 20% personal income tax of the profit to the so-called customer service account. In fact, it is impossible to withdraw money regardless of whether it is paid or not. Even if it is paid, there will be various excuses to reject the withdrawal application. After all, there is no regulation. Withdrawals can be easily approved with the normally regulated dealers and all the charge is the bank service charge. It should be noted that during the dealing, all of the people you know are members of the same team (the one that introduces the dealer to you, the so-called deposit customer service, etc.). They pretend to be chat buddies at first and within a week, they would tell you that their avocation is investing and they would like to teach you to make money, tell you what to do when the market moves, they also would tell you to deposits more money to prevent forced selling, etc. Step by step, they emotionally manipulate you to make you deposit more money because they can pretend to be nice looking cute girls by sending you fake photos and tuned voice messages and share ‘hers’ daily life with you to trap you. If you proposed video chat they would deny it by saying they don’t like doing it. Anyway, you should be more cautious and don’t forget to look up their background information.

2021-06-11 18:44

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