Is RSI-FX a scam or legit?

By Daniel Miller, from United Kingdom, June 9, 2022 at 05:12 PM

Is RSI-FX scam or legit?

Answer: Hi Daniel Miller,

Despite broker’s attempts to make it look like it is a UK-based company and has the rights to offer its services in the UK, they are only regulated in St. Vincent and the Grenadines, meaning offshore. So in most case, RSI-FX is another scam. 

St. Vincent and the Grenadines is an offshore zone attracting various firms that for one reason or another escape from serious regulation or compliance to international service providing. However, in the case of financial investment or trading firms, the company should be a very respected entity, as the statistics show that the majority of non-authorized firms never recovered the sums of investors investments.

Conclusion on RSI FX Review

Therefore, we always advise avoiding offshore or companies with no license as there are too many frauds around. You can read more about reasons why you should avoid brokers from St Vincent & The Grenadines, and better select among well-regulated Brokers with good trust.

9 responses to “Is RSI-FX a scam or legit?”

  1. Tom bloom if that’s his real name will some day meet a yeti with a baseball bat
    The yeti is me
    Biggest pile of shite I have ever had a conversation with

  2. I had the same experience with Daniel Miller, millions lost. Then Jacob Green wanted me to pay R600000 to get my money back through insurance. Next, Stephen phones with another offer to get my money back. I don’t have any left to pay

  3. Yes, just had someone impersonate Daniel Miller… They knew about this website comments. Took me on and tried to intimidate me. My final comments: Please avoid these fraudulent people who just give the industry a Bad name… NOT who you want to invest your money with!!

  4. Yes, pretty much the same as above. Daniel Miller is the person who drew me in, pretending to be a “mentor” to build trust with me. He then traded on my account without consent and blew all my investment. He said they had insurance for this sort of thing… not to worry. I have been unable to reach him or RSI for the last 3 weeks. everything has just gone silent. Daniel Millers nr is +44 7904 180190 – NO RESPONSE!

    Wish I had checked RSI out more carefully. Please be careful.

  5. Tom Bloom is a fraudulent trader pretending to be your friend to help you to recover funds lost while trading with Michael Greco his colleague who just disappeared as my trader and I could not reach him any more. Now Tom did exactly the same thing to me after deposits of ZA R35000 with Greco and then again ZA R64000 again with Tom Bloom

  6. How do you get these fraudsters to book and where do you report them.
    Tom BLOOM of the RSI Platform scammed me out of thousands of $.

  7. 100% scam, I made some good money but as soon as I wanted to withdraw they stole all the money, Daniel Miller from RSI-FX using the site rsi-trading is a complete scam, I have his image and number that I’ve reported, don’t fall for these low life scum

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