Beware Rocket Consultant Group is a Non-Regulated broker. It is NOT SAFE to trade.

  • Company name: Rocket Consultant Group Ltd.
  • Registration/license: None
  • Registration/license requirement: –

Rocket Consultant Group claims to provide an online trading platform for Forex, Contracts for Difference and options. The broker doesn’t provide much information about its trading conditions or regulation. It claims to have the main office in Zurich, Switzerland, and offices in Panama, Germany, and Hong Kong. However, the company is not regulated or authorized in any of these countries. Forex and CFD brokers must be registered with regulatory institutions, which ensures every trader’s to be segregated and protected, in case a licensed broker becomes bankrupt. Besides, brokers will need to comply with different regulations, depending on the country and regulator.
Moreover, the British Columbia Securities Commission has issued a warning against Rocket Consultant Group Ltd.:

“We recently became aware of RCG and that it had accepted funds from a British Columbia (BC) resident to trade with the company. RCG is not registered to trade in, or advise on, securities or exchange contracts in BC.”

 


We keep reminding traders to exercise caution when dealing with firms that are not registered to trade nor regulated by reliable authorities. Choose among the legit brokers with licenses form respected financial authorities, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC) as they have to follow strict financial and ethical rules.

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