• Company name: Zurix Corporation Ltd.
  • Registration/license: Marshall Islands
  • Registration/license requirement: USD 2,000

Is Richmond Investing a regulated forex broker or a scam?

no, Richmond Investing broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

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.

We generally recommend investors and traders to avoid offshore companies and to invest with brokers regulated by reliable authorities such as UK’s FCA, or Australia’s ASIC, for example. Here is the list of the FCA-regulated brokers.

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