Rannforex.com Unapproved

RannForex.com, founded in 2013 and registered in U.S under RannForex Limited, presents itself as a transparent ECN broker offering MT4 and MT5 platforms for trading 49 forex pairs, metals, energies, and indices. It emphasizes low spreads (0.1 pips on EURUSD), commissions from $1.6 per lot, and no markups, with liquidity from Admiral Markets. The site promotes openness by sharing revenue stats and founder Dmitry Rannev’s background since 2003. However, red flags include no top-tier regulation like FCA or ASIC oversight—its FSA Seychelles license (SD018) offers minimal protections, such as no negative balance coverage. Scamadviser rates it low due to hidden WHOIS data and a young domain, warning of scam potential. WikiFX gives a neutral score but notes unresolved complaints on execution and delays. Adverse media and reviews highlight inconsistencies. Trustpilot’s 2.3/5 from 16 entries includes 2024-2025 1-stars: a February 1 user calls it a “kitchen” with manipulated slippage and delays causing losses, unregistered in obscurity; a May 9 complaint details multiple failed withdrawals, resolved only via an external “boldòn warès”; an October 1 review uses odd phrasing praising recovery but rates 1-star, suggesting sarcasm or spam. Forex Peace Army’s 2/5 from 33 logs 2023 cases of $2,500 deposits vanishing post-withdrawal attempts, with unresponsive support. Myfxbook praises tight spreads but notes high minimum deposits and limited withdrawal options like no bank transfers. Bitcointalk threads from 2017-2018 question its legitimacy, with users reporting “strange” practices like pumping money out. No major 2025 fines, but patterns suggest selective transparency favoring deposits over payouts.

The Censorship Approach: Sparse Replies and No Public Forums

RannForex.com controls feedback by limiting visibility. Its site has no review section or forum, directing issues to email that yields generic responses, as in Trustpilot cases with no follow-up on blocks. It responds to 0% of 2025 negatives, letting complaints like slippage claims sit unanswered. No profiles on Reviews.io or BBB allow issues to stack privately. Social media (Facebook) focuses on promos, ignoring #RannForexScam tags, and SEO pushes stats over alerts. This isolates complaints, making them hard to find.

Why They Hide It: To Maintain Inflow Despite Delays

RannForex.com depends on low-cost appeals to attract scalpers and novices. Public details on withdrawal hurdles could deter users in 2025’s cautious market. With FSA oversight offering light checks, silence evades probes by claiming “ideal execution” without proof. By minimal engagement, it upholds a “transparent” image for affiliates, betting opacity sustains deposits over resolutions.

Conclusion: Test Withdrawals Early on RannForex.com

RannForex.com offers basics but regulatory gaps and payout complaints risk your funds on unproven claims. Traders, start small and verify pulls—choose fully FCA/ASIC-regulated options. Regulators like FSA should audit execution and complaints. Forex needs real openness, not optics; time for enforcement.