FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
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Abstract:Beware of scams involving a suspected clone entity using the name “Fake RS Finance,” which is not related to RS Finance Limited listed on WikiFX. Learn key warning signs, user reports, and practical tips to protect your money from fraudulent financial services.
This article discusses a suspected fake or clone entity using the name “Fake RS Finance”. It does not refer to the separate broker profile of RS Finance Limited listed on WikiFX. Any warnings, complaints, or risk observations in this article apply only to the suspected impersonating entity described here.
The term “Fake RS Finance” in this article refers solely to a suspected clone or impersonating entity using a similar name and should not be interpreted as a conclusion about RS Finance Limited or any legitimate broker profile containing the words “RS Finance”.

Staying safe in the world of online finance requires constant vigilance. With new platforms popping up every day, it's essential to know how to identify which companies are legitimate and which are out to deceive unsuspecting investors. One name that has recently emerged with countless red flags is “Fake RS Finance”—a textbook example of a financial scam you need to stay away from.
Fake RS Finance is a suspected clone entity using the RS Finance name and claiming to be an Australia-based financial service provider. However, upon closer inspection, it becomes clear that the platform is riddled with warning signs. Not only is its regulatory status “suspicious or cloned,” but it is also marked as “unverified” according to trusted watchdog WikiFX. The entity's license is either unverified or outright fake, and its domain registration leads to an unrelated address in Hong Kong—another major alarm bell for potential investors.
Here are sample user reports referring to a suspected clone entity using the name “Fake RS Finance”:
These personal accounts reinforce why you should think twice before trusting your funds with entities like Fake RS Finance.
With scammers getting more sophisticated, keep these points in mind:

The financial world is full of opportunities—but also pitfalls. As the example of Fake RS Finance demonstrates, scam brokers disguise themselves with slick websites, fake credentials, and manipulated user feedback. Always perform due diligence and consult recognized authorities before investing. Remember, protecting your assets starts with informed choices—dont let scammers take advantage of your hard-earned money.
Dont let a flashy marketing campaign fool you—unregulated brokers can come with serious risks. To stay safe, download the WikiFX app by scanning the QR code below for a quick and reliable verification before you invest.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

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