Review summary
RMDTRADER is a forex and CFD broker that has been in operation for 5-10 years and is registered in Mauritius. The broker previously held a Financial Services Enterprise Licence (No. 50259) from South Africa's FSCA, but this license has since expired, meaning the broker currently operates without a valid regulatory framework. According to WikiFX, the broker's overall score is 1.56, reflecting a low regulatory profile. Public sentiment includes a user report that the broker's website is inaccessible, preventing trading and raising questions about operational reliability. The broker offers account types with maximum leverage up to 1:500 and a minimum deposit starting at $50, but platform details such as MT4 or MT5 are not publicly disclosed. The lack of valid regulatory oversight presents a significant risk to traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-18)
