Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

RBFXPRO

Vanuatu|5-10 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

http://www.rbfxpro.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
RBFXPRO-Demo MT4
Server Location Germany

Contact

info@isigfx.com
http://www.rbfxpro.com
Vantu House, 133 Santina Parade, Eluk, Efate, Port Vila, Vanuatu

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

More

Company Name

RBFXPRO Limited

Company Abbreviation

RBFXPRO

Platform registered country and region

Vanuatu

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed RBFXPRO also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

GTC

8.15
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4/5 full license
Official website

IC Markets

8.92
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FP Markets

8.87
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

RBFXPRO · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

RBFXPRO Review Summary
Registered Country/Region Vanuatu
Regulation No regulation
Market Instruments Forex & index CFDs, precious metals and cryptocurrencies
Demo Account Unavailable
Leverage 1:500 (MICRO account)1:200 (MINI account, STANDARD account, ECN-MINI account)1:100 (ECN-PRO account)
EUR/ USD Spreads 2 pips (MICRO account, MINI account, STANDARD account)from 0 points (ECN-MINI account, ECN-PRO account)
Trading Platforms MT4
Minimum Deposit $500 (MICRO account)$1,000 (MINI account, ECN-MINI account)5,000 (STANDARD account)10,000 (ECN-PRO account)
Customer Support Email, live chat

What is RBFXPRO?

RBFXPRO is a brokerage firm that offers a wide range of trading instruments and different live account types, allowing traders to choose one that suits their needs. Also, RBFXPRO offers leverage options for each account type, allowing traders to control larger positions in the market with a smaller amount of capital. Regarding trading costs, RBFXPRO does not charge any commission for their accounts. RBFXPRO provides the MetaTrader 4 (MT4) trading platform, a popular and widely used platform in the industry. To provide prompt customer support, RBFXPRO offers live chat service to its clients, which is available 24/5 on weekdays (Monday to Friday).

However, it's important to note that RBFXPRO currently does not have valid regulation. Traders should carefully consider this factor and conduct thorough due diligence before deciding to trade with RBFXPRO or any other brokerage.

RBFXPRO's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• A range of trading instruments • Not regulated
• MT4 supported • Higher spreads compared to some other brokers
• Commission-free • No demo accounts
• Multilingual customer support available • High minimum deposit

RBFXPRO Alternative Brokers

There are many alternative brokers to RBFXPRO depending on the specific needs and preferences of the trader. Some popular options include:

  • BlackBull Markets – A reputable forex and CFD broker known for its institutional-grade liquidity, competitive pricing, and advanced trading technology.

  • Hirose Financial - A global financial institution offering online trading services in forex, binary options, and cryptocurrencies.

  • Equiti - A trusted global broker specializing in online trading of forex, commodities, and indices, offering cutting-edge technology, superior execution, and comprehensive market analysis.

Is RBFXPRO Safe or Scam?

RBFXPRO currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. It makes investing with them risky.

If you are considering investing with RBFXPRO, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Market Instruments

RBFXPRO offers a variety of trading instruments across different asset classes, including forex & index CFDs, precious metals and cryptocurrencies.

Forex & Index CFDs: RBFXPRO offers customers the opportunity to trade forex and index Contracts for Difference (CFDs). Forex trading involves buying and selling currency pairs, while index CFDs allow customers to speculate on the performance of stock market indices.

Forex & Index CFDs

Precious metals: RBFXPRO enables customers to trade precious metals such as gold, silver, and platinum. This provides an avenue for investing in these valuable commodities, which are often sought after for their stability and potential as a hedge against inflation.

Precious metals

Cryptocurrencies: RBFXPRO allows customers to trade a variety of cryptocurrencies, including popular options like Bitcoin, Ethereum, and Litecoin. This gives investors the opportunity to participate in the dynamic and potentially lucrative cryptocurrency market.

Cryptocurrencies

Accounts

RBFXPRO offers many live account types, each with a specific minimum deposit requirement:

  • MICRO account:

It requires a minimum deposit of $500. This account type is suitable for traders who are new to the forex market or prefer to start with a smaller investment. It provides access to basic trading features and a wide range of trading instruments.

  • MINI account and ECN-MINI account:

Both account types have a minimum deposit requirement of $1,000. The MINI account is ideal for traders who are looking for more advanced features and tools to enhance their trading experience. The ECN-MINI account, on the other hand, offers enhanced execution speed and direct access to liquidity providers, which can be beneficial for traders who require tight spreads and fast trade execution.

  • STANDARD account:

It requires a minimum deposit of $5,000. This account type is designed for experienced traders who require additional features, such as personalized customer support and advanced trading tools. It offers competitive spreads, flexible leverage options, and a wider range of trading instruments.

  • ECN-PRO account:

It requires a minimum deposit of $10,000. This account type is the most advanced offering from RBFXPRO and is suited for professional traders. It provides access to deep liquidity and institutional-grade trading conditions, including low spreads, high-speed execution, and trading support from market professionals.

Leverage

RBFXPRO offers the maximum leverage of 1:500 for MICRO account, 1:200 for MINI account, STANDARD account and ECN-MINI account and 1:100 for ECN-PRO account.

Its important to highlight that while high leverage can offer the potential for higher returns, it also carries higher risks. The market can be volatile, and even small price movements can lead to significant gains or losses when trading with leverage. It is advisable for traders to carefully assess their risk tolerance, establish a solid risk management plan, and consider the specific characteristics of each account type before selecting a leverage ratio.

Spreads & Commissions

RBFXPRO offers different spreads and commission structures for its various account types:

- MICRO account, MINI account, and STANDARD account: RBFXPRO provides a fixed spread of 2 pips for these account types. A fixed spread means that the difference between the buying and selling price for each instrument remains constant, regardless of market conditions. Traders using these account types will know the spread amount upfront, allowing for easier calculation of trading costs.

- ECN-MINI account and ECN-PRO account: RBFXPRO offers spreads starting from 0 points for these account types. With an ECN (Electronic Communication Network) account, traders have access to interbank liquidity and can benefit from potentially lower spreads that reflect the prevailing market conditions. Spreads starting from 0 points mean that the spread can be as low as zero, depending on market liquidity and volatility.

It's worth noting that while spread is a significant factor in trading costs, RBFXPRO does not charge any commission for their accounts. This means that traders do not incur additional fees based on the volume or value of their trades. The absence of commission can be an advantage for traders, as it reduces the overall trading costs.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
RBFXPRO 2 pips (MICRO account) None
BlackBull Markets 0.2 pips None
Hirose Financial 0.7 pips None
Equiti 0.0 pips $ 3.5 per lot

Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions.

Trading Platforms

RBFXPRO provides the popular MetaTrader 4 (MT4) trading platform for its clients. MT4 is a widely used and highly regarded platform in the forex and CFD trading industry. It offers a user-friendly interface, advanced charting capabilities, and a comprehensive set of trading tools and features.

With MT4, RBFXPRO clients can access real-time market quotes, execute trades, and manage their accounts efficiently. The platform supports a wide range of order types, allowing traders to easily enter and exit positions based on their preferred trading strategies. It also provides access to a vast selection of technical indicators and analytical tools, enabling traders to conduct in-depth market analysis and make informed trading decisions.

Furthermore, MT4 is known for its stability, security, and reliability. It provides a secure trading environment and encrypts all data transmissions. Traders can have peace of mind knowing that their personal and financial information is protected. The platform is compatible with various devices, including desktop computers, laptops, and mobile devices. This allows traders to access their accounts and trade the markets anytime and from anywhere.

MT4

See the trading platform comparison table below:

Broker Trading Platform
RBFXPRO MT4
BlackBull Markets MT4, MT5
Hirose Financial MT4, MT5
Equiti MT4, LION Trader (ActTrader)

Deposits & Withdrawals

RBFCPRO allows users to deposit funds into their trading accounts using various methods, including credit cards and payment systems such as Skrill, Neteller, Payeer, and WebMoney. Deposits can be made through credit/debit cards or electronic wallets associated with these payment systems. When you initiate a deposit using any of these methods, RBFCPRO ensures that the funds are transferred instantly into your trading account. This means that you can start trading and accessing the financial markets immediately after the deposit is confirmed.

RBFXPRO minimum deposit vs other brokers

RBFXPRO Most other
Minimum Deposit $500 $100

Besides, RBFCPRO has a withdrawal process that ensures the security and transparency of your funds.

-Bank Account Withdrawal: You have the option to withdraw funds to a bank account that is opened in your name. This means that you will need to provide RBFCPRO with your bank account details, such as the account number, name of the bank, and any other required information. Once the withdrawal request is submitted and approved, RBFCPRO will transfer the funds to your designated bank account.

-E-wallet Withdrawal: If you originally deposited funds into your trading account using an e-wallet, RBFCPRO allows you to withdraw your funds back to that specific e-wallet. The withdrawal will be processed to the same e-wallet account from which the funds were initially transferred.

RBFXPRO Money Withdrawal

To withdraw funds from your RBFCPRO account, you need to follow these steps:

Step 1: Log in to your Personal Office.

Step 2: Go to the Deposits & Withdrawals section and select Withdrawal Funds.

Step 3: Choose your method of withdrawal.

Step 4: Fill in the appropriate form field and click Withdraw.

Step 5: After that, you should receive a processing request confirmation message accepting your application.

Customer Service

RBFXPRO offers live chat for its clients, which is available 24/5 (from Monday to Friday). Customers can visit their office or get in touch with customer service line using the information provided below:

Email: support@rbfxpro.com

Address: Vantu House, 133 Santina Parade, Eluk, Efate, Port Vila, Vanuatu

Conclusion

In conclusion, RBFXPRO is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, RBFXPRO's trading platform, MT4, caters to the needs of both beginner and advanced traders.

However, RBFXPRO doesnt have regulation. And it has high minimum deposits and high spreads, which make trade risky. Therefore, traders should verify the regulatory status of RBFXPRO or any broker they choose to work with to ensure compliance with industry standards and regulatory requirements.

Frequently Asked Questions (FAQs)

Q 1: Is RBFXPRO regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at RBFXPRO?
A 2: You can contact via email, support@rbfxpro.com.
Q 3: Does RBFXPRO offer demo accounts?
A 3: No.
Q 4: Does RBFXPRO offer the industry leading MT4 & MT5?
A 4: Yes. It supports MT4.
Q 5: What is the minimum deposit for RBFXPRO?
A 5: The minimum initial deposit to open an account is $500.
Q 6: Is RBFXPRO a good broker for beginners?
A 6: No. It is not a good choice for beginners because of its unregulated condition.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

3

Comments

Write a review

FX2628528765
6-12months
the new ponzi scam of David Merino, Renan Bastos, Teo Zuñiga, they pay usually 1 or 2 years, then they invent a KYC process when there are no funds... be aware, see what happened with fx winning, it is the same
2023-05-04 04:34
Reply
0
0
Cash
more than one year
The trading platform and customer service deserve five-star praise. Thanks to their friendly trading platform and professional customer service, everything is easy and easy because all problems can be solved in the first place. It would be nice to hope that all brokers can provide such customer service.
2023-03-20 17:58
Reply
0
0
山猪(贵弟²º¹9)
more than one year
I have nowhere to complain and I came here. When I traded Bitcoin on this platform, my order execution was extremely slow. And I experienced consistent losses due to latency. It just drove me crazy.
2023-03-03 11:10
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com