Review summary
RMDTRADER is a forex and CFD broker operating from Mauritius, with an established presence of 5 to 10 years in the industry. The broker offers a range of account types, including Standard, PRO, VIP, and SWAP-FREE, all of which provide leverage up to 1:500 and minimum deposits starting at $50. Despite its operational history, the broker lacks any valid, current licensing from authoritative financial regulators. Its sole listed license from South Africa's Financial Sector Conduct Authority (FSCA) is expired, placing it in an unregulated status. According to WikiFX data, the firm has received a very low overall score of 1.55, which reflects a significant deficiency in regulatory oversight and risk controls. Consequently, engaging with this broker entails severe risks associated with a lack of credible financial supervision. 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: 2026-03-25)





