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/10

RontoXM

Spain Spain | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://rontoxm.com/?lang=en

Website

Rating Index

Contact

+34 669 468 363
https://rontoxm.com/?lang=en

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Spain
Operating Period
2-5 years
Company Name
RontoXM
Email
support@rontoxm.com
Contact Number
+34669468363
Account Info
Verified Site
About Us
Disclosure
Wiki Q&A
Comment

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Official Website

Verified Site

  • rontoxm.com
    172.67.172.221
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

RontoXMReview Summary
Founded2023-07-04
Registered Country/RegionSpain
RegulationNot regulated
Market InstrumentsForex, CFDs, Indices, Stocks, Commodities, Metals, Digital Currencies and Bonds
Demo Account
LeverageUp to 1:400
Trading PlatformWeb trader
Min Deposit$5000
Customer SupportEmail: support@rontoxm.com
Phone: +34 910039945

RontoXM was founded in Spain in 2023. It is quite new but offers multiple trading instruments like Forex, CFDs, Indices, Stocks, Commodities, Metals, Digital Currencies and Bonds. Besides, the leverage is up to 1:400. However, the minimum deposit is too high, and it lacks regulation.

RontoXM's homepage

Pros and Cons

Pros Cons
Leverage up to 1:400High minimum deposit
Various trading assetsNot regulated
Relatively new

Is RontoXM Legit?

RontoXM is registered by NameCheap, Inc. in Spain. However, The National Securities Market Commission (CNMV) issues the warning of RontoXM for traders that RontoXM is not registered.

No license
Domain information

What Can I Trade on RontoXM?

Tradable Instruments Supported
Forex
CFDs
Indices
Stocks
Commodities
Metals
Digital Currencies
Bonds
Energies

Account Type

RontoXM provides five account types: Silver, Gold, Platinum, Diamond and Exclusive.

Account TypesTrading Balance
Silver$5000 - $20000
Gold$21000 - $50000
Platinum$51000 - $100000
Diamond$101000 - $170000
Exclusive$171000 - $250000
Account comparison

Leverage

The maximum leverage of RontoXM is up to 1:400. Leveraged trading multiplies the potential rewards, but also the risk.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-traderPC, mobileExperienced traders

Customer Service

Contact Options Details
Phone +34 910039945
Email support@rontoxm.com
Support Ticket System
Online Chat
Social Media
Supported Language Spain, English
Website Language Spain, English
Physical Address

The Bottom Line

In conclusion, though RontoXM offers various trading assets, it is not regulated. And safety can't be guaranteed. Besides, the minimum deposit is higher in the market. Traders should think twice when choosing brokers.

FAQs

Is RontoXM safe?

No, RontoXM is not regulated by any financial authorities.

Is RontoXM a good for beginners?

No. It is not safe.

Is RontoXM good for day trading?

No. The fees of RontoXM are not transparent.

Company Profile

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

How is the fund security of RontoXM evaluated?

RontoXM presents a severe risk profile for fund security as the broker lacks any valid regulatory oversight from recognized financial authorities, meaning client funds are not protected by standard compensation schemes or segregated account requirements.

04-02
United States

Which financial regulator oversees RontoXM?

RontoXM is not overseen by any financial regulator; it operates without verified mainstream licensing, which classifies it as an unregulated entity and results in its official 'Suspicious Scope of Business' classification and a 1.36 overall WikiFX score.

04-02
United States

What is the full company name of RontoXM?

The broker's full name is RontoXM, a financial services provider based in Spain that has been operating for 2-5 years and offers tiered accounts with entry requirements from US$5,000 to US$171,000 supporting forex, CFDs, indices, stocks, commodities, metals, digital currencies, and bonds.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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