In this section we will analyze the broker Red Fin Stocks (also called redfinstocks.com), is a Forex, Futures and CFDs broker. Is Red Fin Stocks really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we reviewed Red Fin Stocks. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Plan Bit Global Limited.
As to its location, The broker mentions being based in: Hong Kong, although it does not have the regulations of that country, which makes us think that they are not really based in Hong Kong.
If we analyze the regulation of the broker: it does not mention bsolutely anything about being a regulated broker, we believe that it is an UNREGULATED broker.
If now we go on to analyze account types offered by Red Fin Stocks, we note that they offer 3 different types of account / plans: the Basic Account, the Gold Account and the Platinum Account. We leave an image with a little information about each type of account.
Basic Account- Recommended for newbies, up to 1: 100 leverage, 24/5 technical and analytical support.
Gold Account- Recommended experienced traders, up to 1: 100 leverage, 24/5 technical and analytical support.
Platinum Account- Recommended professional traders, up to 1: 100 leverage, 24/5 technical and analytical support.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that Red Fin Stocks offers are: MT4 platform.
We will now analyze the different resources and aids for traders that Red Fin Stocks provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Red Fin Stocks provides the following help or resources to traders or interested parties: some live charts, explanation about the financial products that Red Fin Stocks offers, some educational sections, not really much more than this.
| Other information about Red End Stocks |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 441388548328
Email: [email protected]
>>> Assessment on Red End Stocks <<
Ending with this section, in our opinion Do we believe that the Red Fin Stocks company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is not clear where it really has a base, when looking for reviews about Red End Stocks we really did not find any other reviews, which makes us think that it is a broker without a track record. We suggest using caution.
⛔ Attention ⛔: in September 2020 CONSOB added Red End Stocks to your list of fraudulent financial companies, for acting without authorization.
➡️ Link to CONSOB's September 2020 warning ⚠️
⛔ Attention ⛔ : in November 2020 CNMV added Red End Stocks to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ November 2020 CNMV warning
⛔ Attention ⛔ : in July 2022 CBI (Ireland) has added to Red End Stocks to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ CBI July 2022 warning
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.