WikiFX

Sagot

Having spent over a decade navigating various forex and futures brokers, I always make regulatory status my top criterion for credibility—especially given the risks of unregulated environments. My review of RHB left me with serious reservations. Despite the broker’s established history and its extensive financial offerings, including futures on global indices and commodities, I find their regulatory standing highly concerning. RHB’s claim of regulation by the Securities and Futures Commission in Hong Kong is undermined by the fact that their license is currently revoked. For me, this is a clear warning signal. A revoked license generally means the broker has failed to meet or has violated regulatory requirements, and that eliminates the layer of oversight designed to protect traders like myself. While RHB provides a wide range of trading services and useful platforms, the lack of active regulation makes it difficult for me to trust them with significant capital. In my experience, even well-established companies are not immune to operational risk when oversight lapses. I also take into account the broker’s low risk management scores as indicators that caution is necessary. For anyone considering RHB, I cannot recommend involvement without restored and transparent regulatory compliance. With safer, well-regulated alternatives readily available, I personally would not compromise when real funds are involved.