Beware! is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers. is a new domain of a scam company we covered a few months – Rui Win Capital LTD. Throughout the review, you’ll see repeated patterns and newly appeared issues that are enough to confirm that is a suspected scam. Long story short, cannot provide proof of legitimacy, the content on the website wave red flags, the trading software is no longer available, and the broker fails to specify anything about its services. The details about these problems are in the full review. Regulation And Safety Of Funds is NOT REGULATED, and we know that from our previous review. However, particular details should be added as they reveal additional aspects of the suspected scam.

But before we continue, we’d like to remind you that you should trade Forex with adequately regulated companies only! For example, both CySEC (Cyprus) brokers and FCA (Britain) brokers are proven safe as both authorities force strict regulations to guarantee safety for clients’ funds. The compulsory rules include client account segregation, risk-reducing measures like leverage restrictions and negative balance protection, and increased capital requirements to license a broker (€730 000). Most importantly, though, both authorities maintain deposit insurance funds – clients of CySEC brokers can claim up to €20 000 in compensation, while the UK protections are even higher at £85 000 per person! It goes without saying that if you trade with unregulated brokers, you’ll remain unprotected and exposed to fraud risks!

So, the screenshot below shows that is indeed a brand of Rui Win, as the previous website we reviewed produced the same evidence of a scam. Namely, on different web pages, the so-called brokerage uses precisely the same content, but the country’s name is changed over – from Australia to the UK. Such issues demonstrate ignorance, which always triggers a major red flag suggesting a scam! Check the picture for more information.

That said, we cannot disprove their claims as Rui Win is indeed registered in the UK as RUI WIN CAPITAL LTD. However, the company is not regulated by the local authority FCA, meaning that the trading service advertised by is unregulated and practically illegal. Another thing bothering us is that the company may soon get an active proposal for a strike-off, which ultimately means it will become dysfunctional. As you can see from the screenshot below, it’s marked with a “Confirmation statement overdue”, which is a step toward getting busted. Hence, offers illegal services, and it’s not doing its duties as a company – arguments enough to stay away from it!

Here is the proof that Rui Win is factually registered in Britain: Trading Software

Rui Win used to provide MT5, arguably the best Forex trading software, but while reviewing, we could access no platform whatsoever. There weren’t download links on the website, and it literally impossible to register, so we can’t show you trading software.

That said, it’s recommended to stay away from suspected scams like and look at our lists with MetaTrader4 and MetaTrader5 brokers. The platforms are the industry leaders known for their stability and the abundance of advanced features like automated trading and analytical tools, complex indicators, reliable charting tools and the marketplace with thousands of trading apps. Trading with MT brokers is always a good choice, but make sure to trust regulated companies only; suspected scams like should be avoided at all costs, notwithstanding the software they have. Trading Conditions

As already explained, we couldn’t access’s trading software and couldn’t find the company on MT5’s list of brokers. Their license has probably expired, but the point is that we cannot discuss real trading conditions like spreads (trading costs), leverage (trading risks) and asset classes available. also fails to provide any information, with the exception of the alleged instruments for trading – Forex, Metals, Commodities, Indices and CFDs. Deposit/Withdraw Methods And Fees also fails to provide any details about deposits, withdrawals, methods and fees, which comes as a red flag – critical information about the services is hidden. They share absolutely nothing, demonstrating a lack of transparency, which is an excellent reason to avoid, regardless of anything else we already discussed – shadiness always suggests a scam! Beware!

How Does The Scam Work

Forex scams are different from one another, but in most cases, the fraudulent scheme is practically carried out in the same way. Scam brokers are always unregulated and usually registered somewhere offshore, which helps scammers remain anonymous and untraceable. If you open an account with such an entity, you should expect endless phone calls. Scammers will constantly try to approach you and make you deposit money as quickly as possible. Remember that urgency is always a treacherous sign, so it’s probably a scam if someone calls you twenty times per day, asking for money.

In the worst-case scenario, you’ll deposit, and scammers will persuade you to trade instead of you. You’ll soon see magnificent profits generated – false, of course, and you’ll get excited, asking to take your money back. As you probably guess, they won’t let you do so and will try to get another deposit from you, promising that much more lucrative gains are waiting. Or, they can ask for a  false tax, saying that withdrawals are only possible if you cover the charge in advance. If you pay, you’ll increase the amount stolen from you, but if you keep asking for your money, you’ll soon realise it’s a scam!

What To Do If Scammed

You should first inform the authorities – call the police and contact your local regulators and other government bodies dealing with crime and fraud. Also, deactivate your cards ASAP and call your bank to inform them about what happened – they can provide essential information and help you reduce further financial damage.

If you deposited cryptocurrencies, there is not much you can do, but if you used your credit/debit cards, you could file a chargeback, hoping that all or some of the money invested can be retrieved. However, you shouldn’t go blindly looking to recover the loss because many fraudulent chargeback agencies are waiting to double-scam victims of fraud – be cautious about it!

And lastly, consider sharing your experience to help protect others and provide further information about how scams work!

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