Is Richmond Super a scam? Richmond Super

By Allan Marsh, from Australia, February 3, 2021 at 05:06 AM

I have recently invested a large sum of money with this company that offer several different services, including Forex Trading and arbitrage trading. I am now concerned that I can’t find them as a regulated broker, but they are not on your avoid list. They are based in London, according to several online reviews. There are many favourable personal reviews but there are also others saying “stay clear, they are a scam.” It worries me that there are such comments, seeing I have a rather large sum of money in an account on their site. Can you investigate and tell me whether I have made a grave error in trusting the accounts manager in investing funds. If they are a scam, they have a very top notch website, and personel that are very skilled in their performance. If they are not legit, warnings should be sent to all regulating authorities. Thank you for your assistance.

Answer: Hi Allan Marsh,

We have done some research and can definitely say that Richmond Super cannot be trusted. It is an offshore unregulated Forex broker. And the lack of regulation is the main red flag in our case. Unfortunately, a bunch of good reviews on the net and a good-looking website do not guarantee anything when the broker is not regulated. especially, when this broker does not provide any information about the company behind the brand’s name, as well as its address and regulatory information.

What we managed to find is that the terms and conditions state Richmond Super is under the jurisdiction of the courts of St. Vincent & Grenadines. It is now clear the broker is registered offshore and traders funds are not protected by any proper regulator. We have covered all the reasons such brokers should be avoided in our article Forex Trading: Why Avoid Brokers from St Vincent & The Grenadines. This is the reason why we always ask traders to avoid unregulated brokers and do a proper research before investing. The lack of information (or false information) about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity.

We would recommend you to immediately stop investing and trading with this broker and try to withdraw your funds, because you may get into trouble.

 

 

19 responses to “Is Richmond Super a scam?”

  1. I invested with Richmond Super and wanted to withdraw my money as they kept wanting me to put more money in. To withdraw funds you have to supply them with colour copies of both sides of your drivers licence, similar for credit card and a copy of my utility bill.
    As I did not want to do this they won’t release my funds, beware of these scammers.

  2. I just gave Richmond super my name, email and phone numbet on the register now button, and in less than a minute someone called me trying to convince me to open a link in my email, and she said the minimum deposit for trading is US$250. I refused to go ahead, and she said she will call back later but I should not waste time as I may lose my spot.

  3. The only thing “Super” about them is the SCAM. Whatever money you put into their hands will be lost. My engagement was only EUR 250.00 and I guess they need that more than I do. Constant calls, all day, promises of riches, auto-trading, leveraging wins to counter losses, the whole nine yards. It felt weird, but I read a (paid for) advert in a local online magazine which was, as they say, too good to be true. Caveat emptor and trust your gut

  4. Scammers
    Took the money and passed our name around to other scammers emails and phone calls galore
    Did anybody manage to get any money back
    Thanks Gail

      • Same happened to myself.
        I invested $8k. As soon as said I needed dot withdraw, they got aggressive and wanted me to invest more. As I neede fir foot operation, we’re my savings for my foot.
        They said invest another $20k. And guaranteed refund of $2,500.
        I didn’t, then we went to withdraw they did through some scheme. Then they called me and said all funds got lost, crash in the market.
        The guy name was David. He was very rude and couldn’t care. I told him and them as a collective group, I pitty them for bein so evil and sick in the brain.
        So I lost everything.
        I’ll be reporting this to a current affair in Australia, so it stops others investing and losing their funds.
        It’s a SCAM

  5. Hi there, after being conned into putting in $500 rather than $250, with promises of an immediate 20% bonus, I found some very critical reviews and obviously wanted out. I had to spend literally HOURS arguing, begging and insisting that my funds be returned. The staff were so rude, arrogant and belligerent, and fortunately I was able to get most of my money back (but not all). To do that the supposed manager I was talking to wanted to see all my accounts (online), which I wouldn’t agree to. All in all a horrible con job. STAY AWAY!!!

  6. I have just been scammed. I invested $1750 AUD and lost it all. I have given them photos of ID and cards (so stupid) I am very worried that they will be able to steal identity as well. What can I do?

  7. Wow!! Reading all these comments makes Me really nervous. I just gave them My credit card details to take out $250USD, and they promised to call Me back. How do I get My money back now?

  8. I invested big dollars with this company. Looked good on the computer screen but when I asked for just a small amount back they stalled. And then finally wiped out my capital said I didn’t have to enough funds. Avoid them.

    • Hello guys i am really nervous reading all this comments. I just signed with them give $250 and my driver licence photo. Please let me know how cani get my money back and get ride of them.

      Using their platform they made a transfer of 100 to my coinsmart. Can i transfer this $100 to my regular bank account like that i will be loosing just $150.

      Thanks for you help in what to do

      • Hi , I did the same. Guess I was fooled by this being endorsed by Australian celebrities such as Eric Bana which led me to believe this was legitimate.
        I invested $250 gave them Photo ID everything I can’t believe how I was fooled by these people.
        At first it looks real made $19 in the first week then they took $99 in commission after 3weeks then the alarms started going off for me when this happened. The contact I have names is Jimmy who is very rude and persistently calls and sends pushy emails wanting to know why I won’t be available to him when he calls. I’m now I’m trying to get out what’s left of my money.

  9. Oh boy, I’m invested heavily now too. I have not tried to withdraw yet. Only the small withdrawals she hade do yo test how fast I could get the money back to my bank. So far I withdrew a total of only 650. I got each transfer ok but now I’m worried seeing all these reviews. I built up to 22K usd and with bonuses and closing profitable trades made it to 41K but then had a bad time with hedging funds and I’m trying to recover now. My open positions are sitting at a loss of 37K I added money to increase my available margin plus they added more more if I agreed to add a certain amount to help get me out of my trading situation. Markets are closed for the weekend so I guess I’ll see how bad things are on Monday. I’m really nervous now, it’s all of our savings.

  10. Yes DO NOT invest with these creatures.
    They asked for credit card details then turn the amount into USA dollars thereby withdrawing more aussie dollars from your account. Cancel your card immediately. Bank will not reimburse you as you gave them permission to withdraw the funds from your account.
    They will ring you from landlines only so cannot SMS them back. They will not answer the number saying “due to covid…” yeah wish they get covid, big time. Told they are based in Turkey but had calls from USA and London, Perth and Sydney, 10 per day up to 10pm at night. Keep away from these worms…
    When I asked for my captial to be returned they said I was under investigation now for money laundering, like these leeches are..

  11. Just please be careful so you won’t be so naive like myself and loose all your savings. In the sake of those many hours that been taken away from your life while working to earn those money, for the one you love and you want to secure their future. Be careful Richmondsuper trading company it’s a bunch or elegant, smart and professional theif’s. I curse them everyday and another. I know they won’t go anywhere with it , but hell especially a Bit** named Laura Gibson , an ass*** names Albert , and many others. They took all my money manipulate the account showing 11 000 US, afterwards it shows I was will up to 20000 US then to 34$ and soon to 0$
    They use to call everyday bugging me , now they all disappeared after claiming money is lost. All this begun when I asked to withdraw some of the money, then the problem starts, obviously because there is no money l. Then called me after to say there is a big other event for you to earn double your money , you have to take a long from the bank , but don’t miss this. Hello! But I just asked you that I want withdraw money , instead you are asking me to put more.
    I know I was stupid, I just hope no one will go under this unfortunate experience. I wish if there is any decent lawyer, hack, anyone can fight for justice and teach them a lesson from them allowing their low, Evil souls to steal from others in such a curl way. Also they claim that they have no control on the account which it’s not true , they close all the trades themselves after taken the money. Also they accept money through Bitcoin wallet do you can’t trace them. Please be careful. I hope this will save someone about to do the mistake I did l. I also hope government can assist to trace this kind of black work. They called me from the United Kingdom, however there accents are not native.

  12. Richmond super are just very terrible set of professionals who seem to bed very goo good at what they do.
    I did a due diligence test before investing with Richmond but guess what ?
    I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was.
    if claimpayback.com had not taken my case and reclaim my loses, i would never have understood Richmonds modus operandi.
    not even only Richmond, but Etoro, 500 investment and all. they are all scammers please don’t fall for it.
    i was scammed of over 220,000Aud after their compliance lady promised me high yield returns. i didn’t have a problem with the money at all.
    i started smelling fowl play when i tried withdrawing some money to purchase a tractor for my farm.
    that i discovered i was not able to make any withdrawals.i sent several mails to their compliance lady to know avail.
    I managed to find reviews on how claimpayback.com have assisted victims recover their investment
    from Richmond super so I followed through with it and today I was given withdrawal access to the funds in my account.
    All I wanted to do was invest for a rainy day but Richmond super was willing to abscond with my investment. How Pathetic!
    i later realized it is a coordinated scam Richmond Super is under the jurisdiction of the courts of St. Vincent & Grenadines.
    It is now clear the broker is registered offshore and traders funds are not protected by any proper regulator.

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