RiaCapital: customer reviews of the company’s performance in 2024.
RiaCapital Information Review
According to RiaCapital, they help unlock potential and start earning on financial markets through trading and investing. The broker claims that making money on Forex with them is easier than taking a pacifier from a baby. Reviews from real clients confirming reliability and help in earning are not found. Such lack of reviews raises suspicions, as typically large companies have feedback. Our review will reveal facts about the broker and help decide whether to rely on them.
Focus on RiaCapital
RiaCapital seems straightforward at first. The company boasts impressive figures:
- 20,000+ active clients,
- $10 million average daily turnover,
- 400+ daily transactions (average transaction size about $25,000).
The company does not disclose information about its market experience. Information about the riacapital.pro domain showed that it was registered in June 2023. Probably, the promotion of this offer started recently, hence the lack of reviews.
The company’s office location is not disclosed. The website only provides an email and phone number. The email is legitimate, but the phone number belongs to an American mail service.
The mystery of who leads RiaCapital. The anonymity of the project creators does not work in their favor. This is more often done by scammers who do not want to take responsibility and help clients. Do not expect compensation for damages.
Is RiaCapital Acting Legitimately?
There is no confirmation on the RiaCapital website that the company operates in accordance with international legislation. Even internal documents are absent. Attempting to open the corresponding section results in a 403 error.
By registering on the site, users put their capital at risk as there are no guarantees. Our specialized service found that RiaCapital is not registered anywhere. The company exists only online. It is unlikely to withstand the pressure of negative reviews and will disappear from traders’ view.
By trusting RiaCapital, you risk not only losing profits but also your savings without legal protection. Even experienced lawyers may face difficulty in capital recovery.
Collaboration Terms
RiaCapital does not offer a demo account, making it impossible to practice risk-free. The company offers various tariff plans with a minimum entry starting at $250.
Main collaboration terms:
- Minimum deposit – from $250 to $1,000,
- Leverage – up to 1:100,
- Minimum position size – 0.1 lots,
- Maximum position size – up to 25 lots,
- The ability to trade stocks, indices, cryptocurrencies, and commodities alongside base Forex currencies,
- Advanced training is provided.
There is no information on payout regulations and commissions on the website.
Client Reviews
There are no real client reviews of RiaCapital. Scammers exploit this fact to promote services without genuine feedback.
If you have experience with RiaCapital, leave reviews under our article to help others avoid potential deception.
Scammer Strategy
RiaCapital is an anonymous platform offering trading software downloads. Enchanted novice traders may encounter deception. After depositing, fraudsters may reset the user’s account and spend the funds for themselves.
Final Evaluation
RiaCapital is not a reliable choice for making money on Forex. There are insufficient legal grounds for providing brokerage services. Once you cease being financially interesting, the company will simply give you an early termination of the agreement.
My experience with RiaCapital was far from satisfactory. The broker imposed numerous hidden charges which were not disclosed at the beginning. The customer service was poor and unresponsive to my queries, and my allocated broker had a shocking lack of knowledge about the market trends. But the most appalling part was the long processing timeframes for deposits and withdrawals. For an era that promises speed and efficiency, these delays are unacceptable, and transparency was majorly lacking. I felt mislead and would not recommend RiaCapital to anyone seeking a trustworthy, prompt, and efficient broker for their investments.