Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

RCM

Mauritius Mauritius | 1-2 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.radhikafx.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

India India 2.65
Surpassed 12.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 7462103568
https://www.radhikafx.com/
Level 6, Ken Lee Building, 20 Edith Cavell Street, Port Louis 11302, Mauritius
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
1-2 years
Company Name
Radhika Capital Markets Ltd
Customer Service Email Address
support@radhikafx.com
Contact Number
+447462103568
Account
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment

Users who viewed RCM also viewed..

XM

XM

9.10
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
FXCM

FXCM

9.40
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
FXCM
FXCM
Score
9.40
Above 20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
Exness

Exness

8.33
Score
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Exness
Exness
Score
8.33
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Official Website

Website

  • radhikafx.com
    119.18.54.126
    Server Location
    India India
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Review summary

Radhika Capital Markets Ltd (RCM) is a Mauritius-registered entity that has been operating for 1-2 years. The broker holds no valid retail forex trading licenses from recognized global authorities; while it possesses a Securities Trading License (EP) from the Mauritian FSC, this does not constitute mainstream forex regulation. According to WikiFX data, the firm's overall score of 1.24 reflects a significant deficiency in critical areas such as regulatory oversight and risk control. Trading conditions include leverage offerings of up to 1:500 on its Standard account, with minimum spreads starting from 2.5 pips on its Pro account. The lack of established regulatory safeguards requires that any engagement be approached with a high degree of investor caution. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

RCM Review: Multiple Cases of Unregulated Operations and No License Found – A Critical Warning

Exposure RCM Review: Multiple Cases of Unregulated Operations and No License Found – A Critical Warning

Is RCM a legit broker? Our RCM review reveals the truth about RCM Forex, including its alarming lack of regulation, reported withdrawal problems, and serious user complaints. Stay safe from this unregulated broker and understand the significant risks involved.

Wiki Q&A

How is the fund security of RCM evaluated?

Based on WikiFX's assessment, the fund security profile for Radhika Capital Markets Ltd presents significant concerns. The broker operates without a valid retail forex license from any recognized global authority, scoring a regulatory index of 0.00 and an overall score of 1.24 out of 10.0, which falls within the very high-risk category. The firm's reported business scope is flagged as 'Suspicious' within the WikiFX system. In the absence of proper regulatory oversight, client funds are not protected by standard compensation schemes or segregated account requirements mandated by top-tier regulators.

Two days ago
United States

What is the current regulatory status of RCM?

Radhika Capital Markets Ltd is an unregulated entity for retail forex and CFD trading. While the company holds an 'Active' Securities Trading License (EP: GB25204826) from the Mauritian Financial Services Commission (FSC), this license does not authorize or supervise its core business of providing leveraged foreign exchange trading services to retail clients. The broker possesses no valid licenses from major authorities like the UK's FCA, Cyprus's CySEC, or Australia's ASIC. Therefore, it operates outside the mainstream global regulatory framework for forex brokers.

Two days ago
United States

Where is RCM registered?

RCM is registered as Radhika Capital Markets Ltd in Mauritius. The entity has been operating for approximately 1-2 years, according to its registration details.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States
View More
Write a comment
1
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com