Reported as a scam / unregulated
Why RMDTRADER is on the register
According to its website, RMDTRADER claims to be supervised by The Financial Services Commision Mauritius (FSC). However, after verification, its website address is not marked on FSC, so it cannot be verified. And the registered address provided by the broker, if you search for it online, seems to be shared with different companies, which leaves a question mark about the company’s authenticity. The truth is that RMDTRADER is not regulated by any regulators. Letting it hold or control investors’ money is unsafe, and the money can not be protected by any laws. Therefore, RMDTRADER 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.