Richmond Investing Review (2023)

Founded
2018
Avoid Reason
Offshore license

Is Richmond Investing a scam or a legit broker?

Zurix Corporation Ltd. has been suspected as a scam broker. It operates under the brand name Richmond Investing is a brokerage firm that provides online currencies and CFDs trading services. The company is registered in the Marshall Islands, an offshore zone, and does not hold any authorization or license to perform financial services. Even though it is mentioned about many jurisdictions that are restricted to open a trading account with Richmond Investing.

About Richmond Investing
🗺️ Registered in Marshall Islands
🗺️ Type of License Offshore License
🛡️ Is Richmond Investing safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker GO Markets - licensed by ASIC in Australia

Richmond Investing is a Forex and CFD broker, it is owned by Zurix Corporation Ltd. Zurix Corporation Ltd. (Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands) provides online trading services via its brand Richmond Investing and its European billing agent based in the United Kingdom.

It is an offshore broker that claims to be based in Scotland, UK, although it is not authorized or registered by the UK’s FCA. Richmond Investing has been using the name of the other firm Richmond Investments Limited, which is authorised to offer, promote or sell services or products in the UK. These are the reasons why Richmond Investing has got into FCA’s warnign list.

Conclusion

We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets and Pepperstone.

Yet, it is always great to hear your personal opinion about Richmond Investing. So you may share your experience or thoughts or discuss them below or ask us for additional information.

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