RTALive Broker Review

RTALive broker, which claims that it has been licensed since 2010 and is delighted to promote Manchester City FC, is nothing more than a well-known scam. In contrast, we’ve chosen to reveal it and provide you with all the information in our RTALive review.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: N/A
Owned by: N/A
Headquarters Country: N/A
Foundation year: N/A
Supported Platforms: MT4
Minimum Deposit: $0
Cryptocurrencies: Available
Types of Assets: FX, commodities, indices, shares, cryptocurrenices
Maximum Leverage: 1:200
Free Demo Account: No
Accepts US clients: No

RTALive Regulation

We had to inquire about the purported regulator since RTALive asserts that they have been such for the previous 11 years. Naturally, this nefarious business provided us with no information regarding their owner or headquarters. We only know that it was founded in Hong Kong in 2009 and that it opened a UK branch two years later. We thus made the decision to ask the FCA if RTALive had ever been on their registry. RTALive regulation, as you would have guessed, is nowhere to be located, which leads us to conclude that it is just another dubious organization trying to fool unsuspecting customers.

Fund Withdrawal Issues

It seems sense that RTALive would mislead their clients regarding withdrawals given how they deceived them about rules, sponsorship, and who knows what else. You’re truly getting nothing despite the outrageous profit, working with you, and partnership that were promised.

Once you request a withdrawal, you won’t hear back, your request will be refused, and all that’s left is the agony of trying to figure out how to obtain funds from an illegitimate broker. Your money is now gone.

Since the broker seems to be based in the UK, many complaints originated there. However, the fact that the majority of the victims were from Germany and Italy indicates that the corporation prioritizes the EU market.

Once more, RTALive cannot lawfully provide financial services anywhere due to a lack of financial rules.

Traders About RTALive Scam

As predicted, traders had nothing positive to say about RTALive. Due to the broker’s restriction on withdrawals, this account is receiving a ton of complaints. Moreover, as traders are discovering along the road, the entire charade of being regulated and supporting a football team is really a well-known hoax.

They ultimately offered uncontrolled leverage, which caused many people to lose their money before they even began trading.

Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.