Is RINXO Legit? RINXO Regulation Details & Real User Reviews

RINXO Broker is an online trading broker that offers access to multiple financial markets through different account types and payment methods. Operated by Rinxo LTD, the broker presents itself as a global trading platform catering to both beginner and experienced traders. This article provides an overview of Rinxos regulation status, restricted regions, trading accounts, instruments, deposit and withdrawal options, and customer support structure.

Rinxo Regulation & Company Registration

According to RINXO Broker , RINXO Regulation - Rinxo LTD is registered under the International Business Companies (IBC) registry of Saint Lucia with Registration Number 2023-00658. This registration allows the company to operate as an international business entity. However, it is important for traders to note that IBC registration is not the same as being regulated by a top-tier financial authority. Traders are advised to carefully assess the regulatory framework before investing. RINXO Broker does not provide services to residents of several countries due to regulatory restrictions. These restricted regions include the United States of America, Dubai (UAE), North Korea, Iran, Cuba, Afghanistan, Israel, and Canada, among others.

Trading Instruments Available

RINXO Broker provides a wide range of trading instruments across multiple asset classes. Traders can access forex, cryptocurrencies, indices, metals, stocks, and commodities. This diverse offering allows traders to build a balanced portfolio and explore various market opportunities from a single platform.

Trading Accounts Offered by RINXO

RINXO Broker offers three types of trading accounts designed to suit different trading needs and experience levels.

The Standard Account requires a minimum deposit of $10, making it suitable for beginners and traders who prefer to start with small capital.

The PRO Account requires a minimum deposit of $50 and is aimed at more active traders seeking enhanced trading conditions.

The Ultra Raw Account is designed for professional traders and requires a higher minimum deposit of $500, typically offering tighter spreads and advanced trading features.

Deposit and Withdrawal Methods

RINXO Broker supports the same methods for both deposits and withdrawals, ensuring convenience for users. Available payment options include Visa, MasterCard, USDT, and Apple Pay. Having identical methods for deposits and withdrawals can simplify transaction processing for traders.

Customer Support and Contact Details

RINXO Broker provides customer support through email and phone. The companys physical address is listed as:

RINXO LTD- Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Traders can contact support via email at contact@rinxo.com or by phone at +97145765498.

User Reviews

We found RINXO reviews online but encountered no negative feedback, only overly positive reviews. This raises suspicion about the brokers credibility, so we do not recommend this broker to traders.

Conclusion

RINXO Broker offers multiple account options, a broad selection of trading instruments, and flexible payment methods. However, traders should carefully consider the brokers regulatory status and regional restrictions before opening an account. Conducting thorough research and risk assessment remains essential when choosing any online trading broker.

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