Reported as a scam / unregulated
Why RainBow is on the register
RainBow claims it is a reliable forex broker without presenting any details of its regulation. The lack of such important information may be a distinct characteristic of unlicensed brokers, as regulated brokers always present their accreditation and licenses in a prominent position. It is a red flag. According to the firm name, RainBow Capital (HK) Limited, this broker locates in Hongkong. We searched on the Hongkong Securities and Futures Commission (SFC), and found a matching result. However, the regulated activities of this broker include dealing with securities and advising on corporate finance. That means RainBow is not authorized to provide foreign exchange services in Hongkong. Since the foreign exchange activities of RainBow are not regulated by any regulators, letting this broker hold or control customers’ money is unsafe and the money cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.