Is Rce Banque Safe or Scam?
What is known about Rce Banque at the moment?
Rce Banque is a financial services provider offering Forex trading services with six types of accounts tailored to different trader profiles. The minimum deposit is EUR 250, and they offer leverage up to 1:200, enabling traders to enhance their market positions. The platform features a floating spread around 2 pips. However, Rce Banque is not regulated by any top-tier financial authorities, raising concerns about the safety of investor funds. Additionally, there are reports of transparency issues and potential conflicts of interest in trade execution. Investors should exercise caution and conduct thorough due diligence before engaging with Rce Banque.
| Company name | Rce Banque |
|---|---|
| Foundation date | 2022 |
| Registration address | Suite 1, 7th Floor, 50 Broadway, London, UNITED KINGDOM, SW1H 0DB. |
| Operating geography | Worldwide |
| Specialization | Investing |
| Regulation | ⠀ |
| Official site | https://rcebanque.company/ |
| Contacts |
442080973284
|
TU Expert Advice: “I do not recommend Rce Banque”
I have been working in the financial services market for a long period of time and consider myself an expert in safe investing. I can note that Rce Banque demonstrates the following characteristics:
- Rce Banque is not regulated by a Level 1 regulator.
- Rce Banque is not regulated by a Level 2 regulator.
- Rce Banque is not regulated by a Level 3 regulator.
- The company is either registered offshore or its registration number cannot be confirmed through official online databases.
- The information about the Rce Banque’s management is either absent or unreliable.
I recommend completely disregarding any mentions of such companies and refraining from doing business with them and its affiliate bodies. If you are already a client of such a company, immediately explore all options for getting your money back, up to filing a complaint with the financial oversight authorities and courts.
I recommend choosing only reliable and verified partners for trading on financial markets. You can use our 'Find my broker' tool for this purpose.
Which sources were utilized to evaluate the security of Rce Banque?
The following information was used for the analysis and assessment of Rce Banque reliability:
- Registration details and information on licenses of brokers, financial companies, and their subsidiaries are published on their official websites.
- Information from regulators' registries, including warnings, comments, and publications by regulators.
- Data from analytical portals, including reviews, complaints, and claims filed by traders.
The latest database update: June 20, 2024.
Avoid Rce Banque as it is not regulated at all
It is worth noting that regulatory oversight alone is not a guarantee of the safety of your funds, as the regulatory body overseeing the broker plays a crucial role in this regard. The higher the level of the license, the higher the safety of money. We divide all licenses into three levels:
| USA |
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|---|---|
| Switzerland |
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| UK |
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| Australia |
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| Ireland |
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| Japan |
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| Singapore |
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| New Zealand |
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| Canada |
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| Hong Kong |
 |
Why do you need to trust these regulators?
They have strict requirements for license acquisition including a minimum capital of $125,000, a mandatory physical office, participation in a compensation fund, and compliance with financial discipline rules like KYC. Regulators also enforce stringent control over client account segregation, conduct annual audits of broker financial statements, and monitor operational transparency.
Rce Banque is not regulated by a Level 1 regulator.
| Cyprus |
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|---|---|
| South Africa |
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| China |
 |
| India |
 |
| Israel |
 |
| Thailand |
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| United Arab Emirates |
 |
Why are these jurisdictions less reliable?
Have lenient registration conditions, minimal oversight of account movements, and no requirement for full client verification. Periodic superficial checks on licensee activities are conducted.
Rce Banque is not regulated by a Level 2 regulator
| Belize |
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|---|---|
| British Virgin Islands |
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| Mauritius |
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| Vanuatu |
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| The Bahamas |
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| Bermuda |
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| Cayman Islands |
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Which factors make these regulators less safe?
Licenses issued by these regulators are primarily formalities aimed at attracting financial flows to their jurisdiction, resulting in minimal information disclosure and control requirements.
Rce Banque is not regulated by a Level 3 regulator.
Why do we have the expertise to assess the reliability of Rce Banque?
Over the years of working with the analysis of financial companies, Traders Union has accumulated a significant knowledge database. Our analysts know how to distinguish scams from reliable companies. Every month, we publish important insights on this topic.
Conclusion Be careful and don’t participate in new projects without analyzing them. If someone guarantees profits to you, there is a big probability that it’s a scam. If you receive a profitable offer — ask yourself what the profit is and who is offering it. If you see interesting paid tools, don’t hurry to buy them, as there might be free counterparts. If you are going to open an account with a broker, check its license, read reviews, and test withdrawals with small amounts.
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Advantages of working with licensed brokers:
Legal Protection: Protects your investments.
Reliability: Ensures honesty and transparency.
Risk Minimization: Reduces fraud risk.
Financial Stability: Verified brokers.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Be careful and cooperate with the trusted brokerage companies only.
Should you identify any inaccuracies on this page or possess additional information about this broker, we kindly request you to inform us.
Team that worked on the article
Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
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- What is known about Rce Banque at the moment?
- TU Expert Advice: “I do not recommend Rce Banque”
- Which sources were utilized to evaluate the security of Rce Banque?
- Avoid Rce Banque as it is not regulated at all
- Why do we have the expertise to assess the reliability of Rce Banque?
- This tool will help you choose a legal broker in your country