Analysis of RCE Banque
The company RCE Banque offers a wide range of investment services under the motto of high standards and innovative approach. However, it is worth noting that numerous reviews have appeared on the internet pointing to possible fraud on the part of this company. Let’s examine this issue more closely.
Company Description
According to data, RCE Banque is a well-known investment fund operating since 2014. The company claims to have 45,000 investors, 17 offices worldwide, and over 670 specialists on staff. However, reviews have only started surfacing recently, casting doubt on their long-term successful operations.
Research into the domain history of rcebanque.com revealed that the site was launched only in June 2022. Furthermore, it was found that in addition to the main site, a clone site rcebanque.tech was created. Such actions are often characteristic of scammers seeking to circumvent blockades.
Additionally, several signs point to possible fraud, including fake contact details:
- an offshore address in Saint Vincent and the Grenadines, often used by sham companies;
- a fake email address that does not accept complaints and inquiries;
- a phone number registered with companies engaged in fraudulent activities.
Legitimacy of Operations
As claimed, the company RCE Banque is part of the RCE group, which includes F1Markets Limited licensed in Cyprus and IOS Investments Limited registered in Belize. However, the conducted investigation revealed that the information about regulated activities turned out to be false. Additionally, F1Markets Limited was fined by the Cypriot commission for breaching legislation.
The website of F1Markets Limited has a message regarding the cessation of operations from June 20, 2022. It is interesting to note that shortly after this, the RCE Banque site was launched.
Suspicion is also raised by the fact that the RCE Banque office, as indicated on the site, is located in Saint Vincent and the Grenadines, a well-known offshore location for bogus brokers, further confirming their lack of integrity.
Cooperation Terms
The RCE Banque website lacks clear cooperation terms. Users are confronted with various promises of high returns but do not receive specific information about real financial risks. It is unclear what this company focuses on: trading, consultations, or management. Customer reviews also do not support their claims.
There are 6 tariff plans, starting from the Base with a minimum deposit of $250 and ending with the VIP Black Account, the conditions of which are discussed individually. Clients are promised various services, but the essential financial data is not disclosed by the company.
Online Reviews
Despite its recent inception, RCE Banque already has negative reviews in the Russian segment of the internet. Clients complain of deception, account blockages, and other issues. The scheme is taking actions aimed at extracting maximum benefit at the expense of clients.
Fraud Methods
RCE Banque promises a lot but actually just swindles money from naive investors. Registering users are offered bonuses that, however, come with numerous hidden conditions. Clients find themselves in a debt trap as they cannot withdraw their funds until all requirements are met. This is merely a simulation of trading without a basis in the real market.
Conclusion
From the review of RCE Banque, it can be concluded that this is a potential scam project aimed at draining money from clients’ pockets. We recommend being cautious and paying attention to the company’s reputation before investing funds. We share this information for your safety and hope it proves useful.
I am thoroughly dissatisfied with the broker’s work as they have not met my service expectations nor taken the time to properly address my concerns.
I am extremely dissatisfied with the broker’s performance as their poor communication and lack of expertise have greatly impacted my financial dealings negatively.