WikiFX

Sagot

Based on my own experience and a careful review of the available facts, I can say that RCB is not overseen by any recognized regulatory authority. Although the company has a long history and is registered in Cyprus, it does not hold a license from CySEC or any other major international financial regulator. In my career, I have learned that regulatory oversight is not just a formality—it’s a critical foundation for trader protection, dispute resolution, and overall trust. Without regulation, there are no industry safeguards to ensure fair practices or compensation in the event of broker mismanagement or insolvency. From what I’ve seen, any financial entity lacking valid, transparent supervision introduces a much higher degree of risk for investors. This caution is doubly important here: not only does RCB lack regulation, but as of now, it has publicly ceased all banking and investment operations. As a trader, I would not consider entrusting funds or personal data to a company in this situation. For me, the “why” is straightforward: regulatory status isn’t just about legal requirements—it’s about risk management and confidence in every transaction. When a broker has no oversight at all, I simply move on and look for one that does.