Reynold International Securities, a good broker?

https://main.reynoldsec.com

Dear Investor,

Reynold International Securities Ltd appears to be an unreliable company, as it does not hold a legitimate CFD broker licence.

The company claims to be headquartered in the United States, with offices spanning the US, Europe and Asia. However, the only licence it claims to hold is an MSB licence issued by the Financial Crimes Enforcement Network (FinCEN). Please note that FinCEN does not regulate CFD trading.

Furthermore, Reynold International Securities Ltd. appears to be not licensed by any major authorized regulator. This indicates a potential risk to its investors.

We always emphasize that legitimate credentials are crucial for qualified brokers. Therefore, we highly recommend avoiding this suspicious broker.