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RapidPro Markets

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Operating status: SCAM

Website: https://www.rapidpromarkets.com/

Broker violations and abnormal records
  • Sep 08, 2022 BrokersView has Reviewed that RapidPro Markets is an Unregulated Forex Broker

    RapidPro Markets claims to be an advanced International online broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.

    Besides, RapidPro Markets shows its company address is in the United States. As per the United States law, US residents and citizens are only permitted to operate with CTFC- and NFA-regulated forex brokers. Firms and individuals, who need to possess the relevant regulations issued by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), will be allowed to solicit or approach US citizens. However, we did not find any match results to RapidPro Markets in the above two regulatory bodies. The truth is that RapidPro Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    RapidPro Markets claims to be an advanced International online broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, RapidPro Markets shows its company address is in the United States. As per the United States law, US residents and citizens are only permitted to operate with CTFC- and NFA-regulated forex brokers. Firms and individuals, who need to possess the relevant regulations issued by the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), will be allowed to solicit or approach US citizens. However, we did not find any match results to RapidPro Markets in the above two regulatory bodies. The truth is that RapidPro Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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