About Richmond Investing
Company Overview
Richmond Investing is an unregulated forex and CFD broker owned by Zurix Corporation Ltd. The company was registered in the Marshall Islands but is said to be offshore operated from the United Kingdom. It was founded on 19 October 2020, making it a relatively new entrant in the retail trading space.
The broker presents itself as a modern trading platform targeting individual traders, with a minimum deposit requirement of $/€150. Its web-based platform is designed to provide access to leveraged trading across multiple asset classes, as advertised on its official website.
Regulation and Licensing
As of the time of this review, Richmond Investing does not hold any regulatory licence from a recognised financial authority. The broker is not authorised by the UK's Financial Conduct Authority (FCA) or any other major regulator, despite its UK operational presence.
The absence of regulatory oversight is a significant factor for traders to consider, as it means there is no independent protection for client funds, no mandatory dispute resolution scheme, and no oversight of business practices. The firm's registration in the Marshall Islands – a jurisdiction known for minimal financial regulation – further underscores the risk.
Trading Instruments
Richmond Investing claims to offer trading in forex, CFDs on indices and commodities, and cryptocurrencies. This multi-asset selection allows traders to speculate on a range of markets from a single account.
While the exact number of instruments is not detailed on the homepage, the inclusion of cryptocurrencies alongside traditional assets aligns with the broker's stated goal of providing 'access to all markets'. However, no specific information on leverage, spreads, or contract sizes is publicly available outside the known facts.
Account Types and Funding
The broker requires a minimum deposit of $/€150 to open a trading account. No further details on account tiers – such as standard, premium, or Islamic accounts – are provided on the official site or in the available data.
Regarding funding methods, the known facts do not specify accepted payment options beyond the minimum deposit amount. Traders would need to consult the broker directly or access the client area for information on bank transfers, credit cards, or e-wallets.
Trading Platform
Richmond Investing offers a web-based trading platform, accessible directly through a browser without the need for software downloads. This approach prioritises convenience and cross-device compatibility.
The platform is not a widely recognised third-party solution like MetaTrader 4 or 5, and its proprietary nature may limit advanced trading tools and customisation. No mobile app or desktop version is explicitly mentioned in the available data.
Target Audience
Richmond Investing appears to target retail traders who are comfortable with higher risk and are seeking leveraged exposure to forex, CFDs, and crypto markets. The low minimum deposit of $/€150 makes it accessible to beginners, though the lack of regulation may deter more conservative participants.
The broker's marketing language – emphasising innovation and market access – is designed to attract self-directed traders looking for an offshore alternative. However, the absence of client reviews or independent feedback leaves the broker's reputation largely untested.
Overview compiled by FXCanary from regulatory records and public data. full Richmond Investing review