RHB

joalund

1-2 years

What is the highest leverage RHB provides for major forex pairs, and how does their leverage policy vary for different asset classes?

WikiFX Reply

After examining RHB’s profile and disclosures, I find there’s limited transparency on specific leverage figures for major forex pairs, which is already a concern for me as a cautious trader. RHB’s primary focus appears to be futures and derivatives—especially indices and commodities, primarily through Bursa Malaysia and certain foreign contracts like the E-mini S&P 500. Unlike many mainstream forex brokers, I didn’t see detailed or easily accessible information about margin requirements or maximum leverage for forex pairs during my research. This lack of clarity makes it difficult for me to evaluate the risk parameters, which is something I prioritize before opening an account. In my experience, responsible brokers clearly publish leverage tiers for each asset class, such as lower leverage for volatile commodities and possibly higher (but still capped) ratios for major forex pairs. Without explicit data, I cannot assume RHB offers competitive leverage or that they cater to margin traders in the way dedicated forex brokers do. Compounding my caution, RHB’s revoked SFC license in Hong Kong signals unresolved regulatory issues. For me, trading with a broker whose licensing has been revoked dramatically increases my risk, especially regarding client fund safety and dispute resolution. Overall, without detailed leverage disclosures and given RHB’s regulatory challenges, I would tread very carefully and seek out more transparent and regulated alternatives if I wanted clear leverage policies across different markets.

Broker Issues

RHB

Platform

Account

Instruments

Leverage

08-29

United States

zack18

1-2 years

What major risks or drawbacks should I keep in mind if I decide to use RHB?

WikiFX Reply

From my experience navigating the forex industry, the most pressing issue with RHB is its revoked SFC license, which signals a significant regulatory risk. For me, a regulatory status like “revoked” is a red flag, because it means the broker either failed to comply with authorities or potentially violated important rules. This lack of oversight leaves traders like myself with little recourse should problems arise. Even though RHB has several years of industry presence and offers a range of products and financing services, the absence of active regulation undermines my trust in their operations. In markets where funds security and transparency are paramount, trading with a broker that has lost its license poses real dangers—primarily the risk that client protections may be weaker or nonexistent. Another drawback I see is the ambiguity around the scope of business and licensing, which WikiFX calls “suspicious.” When regulatory boundaries are unclear, it makes it harder for traders to verify legitimacy or take action if a dispute occurs. Personally, I firmly believe that regulatory clarity isn’t just bureaucratic—it’s a foundation for accountability and fair dealing. For anyone considering RHB, my advice is to proceed with great caution. The potential benefits of diverse products or customer support don’t offset the foundational risk of choosing a broker with such regulatory concerns. For me, robust and active regulation is non-negotiable. In the end, safeguarding capital should always come first.

Broker Issues

RHB

Regulation

08-21

United States

helpneeded

1-2 years

Have you experienced any drawbacks with RHB's customer service or the reliability of their platform?

WikiFX Reply

As someone who has spent considerable time evaluating various brokers, RHB’s offering presents immediate concerns for me, particularly regarding reliability and customer safety. One of my main reservations stems from the broker’s revoked regulatory license with the Hong Kong SFC, which signals a lapse in compliance or failure to meet the authority’s requirements. This lack of valid oversight always makes me think twice, no matter how long a broker has been in business or how extensive their customer service claims are. From my firsthand experience, brokers operating without current, credible regulation tend to be more susceptible to operational issues, including inconsistent platform performance and delays in customer support responses. Although RHB promotes a web-based trading platform and app support, the absence of transparent, up-to-date regulatory backing gives me little confidence about the platform’s long-term reliability or how customer disputes would be handled. Moreover, while RHB advertises comprehensive customer support via phone and email, my cautious approach means I look for clear and enforced mechanisms of accountability—something that revoked regulatory status doesn’t provide. In my opinion, even if the customer service appears robust on the surface, the underlying risk of dealing with a broker of ambiguous regulatory standing is simply too high for comfort, especially when handling funds or requesting technical support in urgent situations.

Broker Issues

RHB

Regulation

08-20

United States

webgalaxy

1-2 years

Considering both user reviews and your own assessment, how would you evaluate the credibility of RHB?

WikiFX Reply

Having spent over a decade navigating various forex and futures brokers, I always make regulatory status my top criterion for credibility—especially given the risks of unregulated environments. My review of RHB left me with serious reservations. Despite the broker’s established history and its extensive financial offerings, including futures on global indices and commodities, I find their regulatory standing highly concerning. RHB’s claim of regulation by the Securities and Futures Commission in Hong Kong is undermined by the fact that their license is currently revoked. For me, this is a clear warning signal. A revoked license generally means the broker has failed to meet or has violated regulatory requirements, and that eliminates the layer of oversight designed to protect traders like myself. While RHB provides a wide range of trading services and useful platforms, the lack of active regulation makes it difficult for me to trust them with significant capital. In my experience, even well-established companies are not immune to operational risk when oversight lapses. I also take into account the broker’s low risk management scores as indicators that caution is necessary. For anyone considering RHB, I cannot recommend involvement without restored and transparent regulatory compliance. With safer, well-regulated alternatives readily available, I personally would not compromise when real funds are involved.

Broker Issues

RHB

Regulation

08-18

United States