RS Finance Review
RS Finance in a nutshell
RS Finance operates with an ASIC licence but is registered in Saint Vincent and the Grenadines, a jurisdiction known for minimal regulation. The Seychelles FSA licence adds offshore oversight but is not equivalent to a top-tier regulator. The FXCanary Scam Risk Score of 36/100 reflects a guarded stance: the broker is not confirmed as fraudulent, but the lack of independent reviews and the jurisdictional gaps warrant caution. Traders should proceed only with an amount they can afford to lose and verify all licensing claims directly.
FXCanary rates RS Finance at 36/100 scam risk (Moderate risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Retail traders with small starting capital
- Traders seeking high leverage up to 1:500
- Those wanting access to a wide range of instruments including crypto CFDs
Cons
- Traders requiring strong regulatory oversight (e.g., FCA, CySEC)
- Islamic traders needing swap-free accounts
- Institutional or professional traders with higher compliance standards
Regulation & licenses
Every licence on file for RS Finance, as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| ASIC | Forex Execution License (STP) | 441277 | Regulated | Australia |
| FSA | Derivatives Trading License (EP) | SD219 | Offshore Regulation | Seychelles |
Account types & conditions
Account tiers and trading conditions on record for RS Finance.
| Account | Min. deposit | Max. leverage | Min. spread | Commission |
|---|---|---|---|---|
| ECN | 15USD | Forex – 1:500, Indices – 1:100, Commodities – 1:100 | 0 onwards | $7/Lot |
| Standard | 15USD | Forex – 1:500, Indices – 1:100, Commodities – 1:100 | 1 onwards | Zero |
RS Finance is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2022-11-21. It reports oversight from ASIC, FSA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, RS Finance holds a real-user score of 0.0/5. Withdrawal problems appear 8 times — always test a small withdrawal first.
Finally, beware of impersonation: we tracked 2 clone website(s) copying RS Finance. Always reach the broker through its verified official domain, never via links in ads or messages.
What real traders report
Aggregated from 0 independent reviews across Trustpilot and Forex Peace Army.
- Speed · 7 mentions
- Withdrawals · 5 mentions
- Spreads & fees · 5 mentions
- Platform & app · 5 mentions
- Customer support · 3 mentions
- Withdrawals · 1 mentions
- Deposits & funding · 1 mentions
- Spreads & fees · 1 mentions
- Platform & app · 1 mentions
Scam-risk findings
- Authorised by Tier-1 regulator(s): ASIC, FSA
- Registered in Saint Vincent and the Grenadines (offshore, light oversight)
- 3 user exposure/complaint reports filed
- Withdrawal complaints in ~67% of recent reviews
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.