Rainbow Forex is a forex broker owned and operated RAINBOW CAPITAL LTD, with an address at Law Partners House, Kamul Highway, Port Vila, Vanuatu. Their contact phone number is + 357-2503-0063.
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RainbowForex Trading Platform
Trading platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good trading platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. Rainbow Forex broker uses the Sirix platform which is web based but also have a downloaded version via the Sirix Station. It has a huge range of assets to trade on.
Withdrawal and Deposit Method
RainbowForex withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard. Rainbow Forex minimum deposit is $100.
License and Regulation
RainbowForex is NOT a regulated broker, we couldn’t find any license certificate. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about these unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.
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