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RTI365 Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-26 17:08

Abstract:Founded in 2021, RTI365 is an unregistered broker based in the United Kingdom. It demands a minimum deposit of $1 000 and provides trading opportunities with leverage up to 1:1000 and spreads starting at 3 pips through the Sirix platform. However, it is crucial to note that RTI365 operates entirely without any legal regulation.

  Note: RTI365's official website: https://rti365.com/ is currently inaccessible normally.

RTI365 Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market Instruments/
Demo Account❌
Leverage1:200 - 1:1000
EUR/USD Spread3 pips
Trading PlatformSirix
Copy Trading✅
Min Deposit$1 000
Customer SupportTel: +44 2037638899
Email: support@rti365.com

  Founded in 2021, RTI365 is an unregistered broker based in the United Kingdom. It demands a minimum deposit of $1 000 and provides trading opportunities with leverage up to 1:1000 and spreads starting at 3 pips through the Sirix platform.

  However, it is crucial to note that RTI365 operates entirely without any legal regulation.

Pros and Cons

Pros Cons
Flexible leverage ratiosInaccessible website
Copy tradingNo regulation
No demo accounts
High spreads
Limited payment options
High minimum deposit

Is RTI365 Legit?

  RTI365 claims to be registered in the United Kingdom, however, it does not hold a legal license from the Financial Conduct Authority (FCA), which indicates that it is not regulated at all.

No license

Leverage

  The leverage offered by RTI365 ranges from 1:200 to 1:1000, depending on the account type, which is excessively high in terms of risk. Such high leverage is often a sign that the broker is unlicensed, as most regulatory bodies prohibit such levels.

Spread

  The spreads offered by RTI365 are at least 3 pips, which is significantly higher than the generally accepted industry average of 1.5 pips, making it utterly uncompetitive.

Trading Platform

  The trading platform provided by RTI365 is Sirix of Leverate, which has severely limited functionality, especially in terms of automated trading.

  However, it offers a copy trading, which can be suitable for inexperienced newcomers.

  Nevertheless, since this broker is unregulated, you should opt for a regulated broker instead.

Trading PlatformSupported Available Devices Suitable for
Sirix✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Sirix

Deposit and Withdrawal

  RTI365 only accepts deposits through credit cards, which is very limited. Moreover, the minimum deposit requirement stated on the RTI365 website is $1000, which is excessively high.

  There are many legitimate brokers that offer micro accounts with minimum deposit requirements as low as $10, and you should prioritize choosing those legitimate brokers.

Related broker

No Regulation
RTI365
Company name:RTI365
Score
1.52
Website:https://rti365.com/
2-5 years | Suspicious Regulatory License | Self-developed | Suspicious biz area
Score
1.52

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