The Official Website Of R & Y Limited Cannot Be Accessed Normally At Present. It Seems That The Company Has Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-07-21 Hong Kong Securities Supervision Commission Added R & Y Limited To The Warning List
On July 21, 2022, The Hong Kong Securities And Futures Commission (SFC) Issued A Warning That R & Y Limited Was An Unlicensed Company. You Can Visit The Following Website For Details: Https://www.sfc.hk/TC/alert-list/2852
2022-07-22 Our Review Confirmed That R & Y Limited Is An Unregulated FX Dealer
R & Y Limited Claims To Be A Reliable Dealer But Does Not Provide Any Information About Its Regulation. The Lack Of Such Important Information May Be A Clear Signal For Unlicensed Dealers As Regulated Dealers Always Display Their Certification And License To Operate In A Prominent Position. This Is A Red Flag.
Additionally, The Securities And Futures Commission (SFC) In Hong Kong Has Issued A Warning Stating That R & Y Limited Is An Unlicensed Company.
All The Facts Are That R & Y Limited Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Dealer Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That R & Y Limited Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: R & Y Limited As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
