Is RIMarkets a Scam or a Good Forex Broker?

Investment ForumCategory: Broker QuestionsIs RIMarkets a Scam or a Good Forex Broker?
Scott asked 3 years ago
Hi People,

Can anyone verify for me if this broker RIMarkets is a good broker that makes money, or just another scam.

I used to have an account with OTCapital, and then I received a phone call about investing with a broker RIMarkets. They said that they have experience managing money, and they can get me good returns on my investment.

I checked the ASIC register and could not find the company RI Markets listed.

Looking forward to hearing your feedback.



14 Answers

Best Answer

Moderator Staff answered 3 years ago

Hi Scott,

This broker is based in the Marshal Islands, which means that they are not regulated and not authorised by ASIC.

As an Australian, you should only use a broker that holds an Australian forex brokers licensed like

Most Investors Choose One of the Top Rated Brokers

tshidi answered 3 years ago
I will advise you not to use this broker, i used it. they try to play you a video of how you can make money from $200 and then show you how many people made money from that, but at the end of the day. They will tell you how you must deposit more money and they cant work with little money.

I nearly lost all my money there, the lady who was supposed to help me told me she deals with large money of more than $10000 so she needs me to deposit that money. that money is Rands is R100 000.

i decided to withdraw the little i was left with.


Meriyani abd rahman answered 3 years ago
Same as me. They asked me to fill my credit card no.. And 4 digit inside my credit card.

I didnt do… They asked me to open my online banking tok see how much money i have and they tell me that they want to plan to make big money.

I also decline. After that they asked me to put some more money. I already put 200 usd. They its no enough to make trade. They asked me to put some more until 500 usd.
I also decline. After that they always call me twice a day. I didnt pick up the call.

Kieren answered 2 years ago
Hey there my question relates to Europe FX are they a scam do you know ?
They lost my 24k in a little over a week?

What can I do they said they were regulated through ASIC.
Thank, Kieren

Arthur answered 2 years ago
RImarkets is just ANOTHER SCAM. RIMarkets is owned and operated by Fcorp services Ltd, which is registered on the Marshall Islands. The broker is not regulated.

RImarkets are using misleading ads on facebook. Their tactics are as described by tshidi above. I wouldn’t trust them to even send a refund into my bank account. Needless to say that I will loose my deposit of US250.

Elizabeth Polllard answered 2 years ago
Scammers big time they wormed 1500 out of me finding it hard to get my money back not easy would not touch this company

Bob answered 2 years ago
Scam, stay clear.

Dave answered 2 years ago
I got scammed of £200 they give you the hard sell I refused and demanded a refund they hung up on me and there numbers are non responsive it’s a total scam I’m chasing a refund through my bank for fraudulent deception I’m gutted I fell for this please don’t trust these thieves.

klaas answered 2 years ago
they took also 250 euro from me and also came with so-called great oppurtunities to invest like in Amazon. if i want a refund of mine money they are asking all kind of documents , but i wont sent it, as i am afraid that they will use it for other scam things, using mine indentity. i dont even to bother to get the money back as that will be waste of time.they are calling me every day, but i dont answer and block right away all the numbers they use

Patrick answered 2 years ago
Has anyone worked out how to get their money back without sending them the documents? These guys are scumbags

Farhad Master answered 2 years ago
Unfortunately for me I deposited about usd$2,000.00 and still asking for more money, I decided to withdraw.

In order to withdraw my money they require colored photocopy of my credit card front and back, drivers license, passport, electricity bill the full page, etc full address date of birth and so on which so far I have declined. They tell me without these documents it is not possible to withdraw.

I believe they are scam.

maureen Tracey answered 2 years ago
Hi Anybody that has been scammed by RIMarkets forex broker please let me know if you would be interested in joining me to take a class action against them and The Change to get our money back.


Mary answered 2 years ago is a scam website is a scam website, it advertises forex trading services, but if you put any money into this company you will never get it back. They will show you a trading account on their platform that is making money then they will keep asking you to put more money in to make better profits and everything goes great for a while but then when you try to withdraw your profits, there is no money left they say the had some bad trades and you will have to put more money into the account. Do not give this company any money you will never get it back. they have just changed the name of the website from to to and they are now Look on line to see all the negative reviews. They are just a bunch of thieves

Stephen Killiner answered 2 years ago
I can’t stress strongly enough about these cheating bastards it’s a good job I’ll never find out who they are because I promise I will make their life very very uncomfortable STAY CLEAR