Broker Summary
Summary of the broker
What RMS TRADE actually is
RMS TRADE is presented as an Australian forex brand operating under the company name Pepperstone Group Limited. WIKILIX re-examined that claim in August 2026 and could not stand any part of it up. The identity does not hold together, and readers should treat this profile as a warning rather than a broker listing.
Regulation: no licence this operator holds
Seven regulatory licences were previously attached to this brand, covering Australia, the United Kingdom, Cyprus, Germany, Dubai, Kenya and the Bahamas. Every one of those numbers belongs to an unrelated, genuinely authorised firm. The Australian licence number in particular has been confirmed as a clone-firm claim: the number is real, the licensee is real, and neither has anything to do with the operator using this brand. WIKILIX has marked all seven as unverified clone-firm claims and has flagged them for removal from this record. There is no evidence of any forex authorisation held by this operator, in any jurisdiction.
The company name is used without any visible connection to it
Pepperstone Group Limited is a genuine Australian public company, registered as ACN 147 055 703 and recorded as active from 27 October 2010 on the Australian Business Register. That company is a licensed Australian broker in its own right. Nothing found this run connects it to the website this brand publishes, and the brand appears to be borrowing the name.
The website is not a trading site
The website on record for this brand, rmstrade.online, is live, but it is not a forex or CFD business at all. It advertises a business-to-business Indian fintech platform for mobile and DTH recharges, utility bill payments and domestic money transfer, with a retailer and distributor network. Its terms are governed by the laws of India, with disputes heard in Bangalore, Karnataka, and its published contact details are an Indian mobile number, an Indian toll-free number and an email address on the same domain. There is no account opening, no trading platform, no spreads or leverage, no client funding page and no restricted-country policy for trading clients anywhere on it.
The rm-fx.com address previously carried on record for this brand no longer resolves at all.
Trading conditions, platforms and funding
No trading conditions, account tiers, platforms or client funding channels could be verified this run, because nothing available for this brand publishes any. Payment channels shown on this profile were inherited from an earlier import and are not supported by anything published today; treat them as unconfirmed.
Who this suits
Nobody looking to trade. A brand that advertises another company's name and another company's licences, and whose only live website sells an unrelated domestic payments product, offers no route to recover money and no supervisor to complain to. Anyone who has deposited funds with an entity using this name should stop sending money and seek advice in their own jurisdiction. Anyone looking for an Australian regulated broker should deal with the licensed firm directly through its own website, and should confirm any licence number against the regulator's own register before depositing.
Regulatory Licenses
Compliance & oversight
FCATier 1
Financial Conduct AuthorityUnited KingdomTier 1This UK licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any UK authorisation.
Regulated
This UK licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any UK authorisation.
This UK licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any UK authorisation.
BaFinTier 1
Federal Financial Supervisory AuthorityGermanyTier 1This German registration number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any German authorisation.
Regulated
This German registration number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any German authorisation.
This German registration number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any German authorisation.
ASICTier 1
Australia Securities & Investment CommissionAustraliaTier 1The Australian licence number quoted for this brand belongs to an unrelated, genuinely licensed Australian company. WIKILIX found no evidence that the operator behind this brand holds it, and the claim has been confirmed as a clone-firm claim.
Regulated
The Australian licence number quoted for this brand belongs to an unrelated, genuinely licensed Australian company. WIKILIX found no evidence that the operator behind this brand holds it, and the claim has been confirmed as a clone-firm claim.
The Australian licence number quoted for this brand belongs to an unrelated, genuinely licensed Australian company. WIKILIX found no evidence that the operator behind this brand holds it, and the claim has been confirmed as a clone-firm claim.
CySECTier 2
Cyprus Securities and Exchange Commission CyprusTier 2This Cypriot licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Cypriot authorisation.
Regulated
This Cypriot licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Cypriot authorisation.
This Cypriot licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Cypriot authorisation.
DFSATier 2
Dubai Financial Services Authority United Arab EmiratesTier 2This Dubai licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any DIFC authorisation.
Regulated
This Dubai licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any DIFC authorisation.
This Dubai licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any DIFC authorisation.
SCBTier 3
The Securities Commission of The BahamasBahamasTier 3This Bahamian licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Bahamian authorisation.
Offshore
This Bahamian licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Bahamian authorisation.
This Bahamian licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Bahamian authorisation.
CMATier 3
The Capital Markets AuthorityKenyaTier 3This Kenyan licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Kenyan authorisation.
Regulated
This Kenyan licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Kenyan authorisation.
This Kenyan licence number belongs to an unrelated, genuinely authorised firm. WIKILIX found no evidence that the operator behind this brand holds any Kenyan authorisation.
Account Types
Trading account options
No Account Types
Account type information is not available for this broker yet.
Funding Methods
Deposit & withdrawal options
Credit/Debit Cards (Visa, Mastercard, American Express, Diners Club)Free DepositInstant
Bank Wire TransfersFree Deposit
E-wallets (PayPal, Skrill, Neteller, UnionPay, MPESA)Free DepositInstant
Local Payment Methods (POLi, BPay, MPESA)Free DepositInstant
Global Domains
Worldwide web presence
No Website Information
Website domains not available for this broker yet.
Social Presence
Digital community engagement
Corporate Network
Enterprise structure & relationships
Pepperstone Group Limited
Registration
ACN 147 055 703
Established
2010-10-27

Comments
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