General Information
Broker Name: RogerFin
Broker Type: Forex
Country: N/A
Operating since year: N/A
Regulation: Unregulated
Address: N/A
Broker status: Inactive
Customer Service
Phone: N/A
Email: N/A
Languages: N/A
Availability: N/A
Trading
Trading platforms: N/A
Trading platform Time zone: N/A
Demo account: N/A
Mobile trading: N/A
Web-based trading: N/A
Bonuses: N/A
Other trading instruments: N/A
Account
Minimum deposit ($): 500
Maximal leverage: 1:200
Spread: N/A
Scalping allowed: N/A
Content Table
Rogerfin Trading platform is not a regulated Forex trading platform that has not been around for a while. They were established in 2020. They mostly work in English and German-speaking countries. The minimum deposit is 500 Euros, and they offer assets in the groups of Forex, commodities, and cryptocurrencies. Not a lot is known about them beyond what is written on their website.
Rogerfin offers a couple of types of accounts for their clients:
All of the supposed advantages for the account are nothing but lies, as they don’t make any real promises. High leverage seems reasonable until you realize how risky it is with unregulated brokers. What are personal trading sessions? What is risk management? None of these are real advantages, but empty words to fill out blank spaces on their website.
Rogerfin looks very appealing to the traders. Some may consider it too good to be true. We would advise our readers to finish the review and make a decision after that.
The biggest red flag we encounter right from the start is the lack of regulation and anonymity. There is nothing that would hint of the regulation. Unregulated companies always turn out to be scammers. The customers are not protected from fraudulent activities from the company’s side. So the money can disappear, and there will be nobody accountable. There was also no contact information, no email, nothing. This fact makes Rogerfin even less trustworthy.
FCA Blacklisting
The financial Conduct Authority (FCA), the UK, has blacklisted Rogerfin, and now they have a huge red flag from the governmental officials for suspicious financial activities. They are pretty sure that Rogerfin can be a company involved in scamming the customers.
Another very alarming thing Rogerfin does is omit information about withdrawal methods and fees. This is a very big red flag for most of the traders. Most of the regulated companies are very straight forward about withdrawal methods. Rogerfin also has a very horrible hidden fee, 30$, per withdrawal, which is very unfair to their customers. It is not known how long the withdrawal process will take or how it is going to go.
While the bonuses can seem very attractive to the traders, they usually come in with huge strings attached to it. The first thing they cannot be touched until the trader accumulates a certain amount of the points which are very hard to earn. This bonus cannot be withdrawn or used in any way.
In conclusion, Rogerfin rings huge alarm bells; even their advantages are not as great. They have horrible withdrawal policies; they are blacklisted by FCA and have an unregulated platform. They show every sign of scamming company, so we advice our readers and traders to approach them with caution.
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View Comments
Bad services, slow withdrawals and slow withdrawals. Not trading with them again.
Bad trading company. Avoid using their services.
Useless trading signals. They aren't effective after all.
Bad trading company. They gave me a hard time on withdrawals.
Poor trading services and signals. They are not good at all.
Stay away from them. They are goons and scammers.
Trading result is far from what is projected. They showed me trading possibilities that is why I am convinced to deposit more money. But after depositing the result is otherwise. I regret dealing with this broker, I have lost a lot.
They will never pay a profit. Poor services.
Don't fall for their trading offers. It's a trap, all they want from you is your money.
Seems like this company is just extracting money. I have opened an account and I was asked to add more which I did but I noticed they keep on asking for me to deposit more but I keep on losing.