Wikilix
RMS TRADE logo

RMS TRADE

Suspicious Clone
Australia
,
Since 2010
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
Standard Account

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

8 methods

Credit/Debit Cards (Visa, Mastercard, American Express, Diners Club)

credit card
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfers

bank transfer
3 days
Fee:
Free
Fee:
$20

E-wallets (PayPal, Skrill, Neteller, UnionPay, MPESA)

e wallet
Instant
Fee:
Free
Fee:
Free

Local Payment Methods (POLi, BPay, MPESA)

other
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (USDT-TRC20, USDT-ERC20, USDT-BEP20)

crypto
Instant
Fee:
Free
Fee:
Free

Apple Pay and Google Pay

e wallet
Instant
Fee:
Free
Fee:
Free

POLi (Australia Only)

other
Instant
Fee:
Free
Fee:
Free

BPay (Australia Only)

other
3 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 91%, 2: License 72%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
91%Excellent
License
72%Good
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Pepperstone Group Limited
Founded:2010
Headquarters:Australia
Enterprise Offices:1offices

Customer Support

Phone:
+61 3 9020 0155
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about RMS TRADE: its history, the licences it holds, its trading conditions and its fees.

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.

Regulation check
Checked

Regulatory Licenses

None of the registrations on record for RMS TRADE could be confirmed as a trading licence. Read each licence's record before treating any of them as regulation.

7 of 7 checked
Licences on record
7
Confirmed on register
0
Tier 1 or 2
0
Offshore
1

WIKILIX

Licence intelligence

The strongest of 7 licences on file

Licence Verification Record

Australia Securities & Investment Commission 414530

Wikilix read the ASIC register on Aug 17, 2026. This is what it said.

Jurisdiction
Australia
Authority strength
Tier 1
Licence type
Retail Forex License
Register status
Clone-firm claim, not held by this operator
Not found on register

Checked Aug 17, 2026

What our check found

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.

Client protection under this licence

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28

These are the rules ASIC sets for the firms it licenses. They are not a statement about how RMS TRADE applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Deposits & withdrawals

Funding Methods

11 ways to fund an account. 11 with no deposit fee. 8 credit instantly.

11 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Credit/Debit Cards (Visa, Mastercard, American Express, Diners Club)Credit Card
Withdrawals may take 1–3 business days; ensure card issuer supports online transactions; includes Visa, Mastercard, American Express, Diners Club.
FreeFreeNot recordedNot recordedUSD 50,000Instant
Bank Wire TransfersBank Transfer
International bank transfers may incur approx. $20 fees; processing times vary by bank and location.
FreeUSD 20Not recordedUSD 80USD 50,0003 days
E-wallets (PayPal, Skrill, Neteller, UnionPay, MPESA)E-Wallet
Availability varies by region; ensure e-wallet service supported in your country.
FreeFreeNot recordedNot recordedUSD 50,000Instant
Local Payment Methods (POLi, BPay, MPESA)OtherProcessing times and availability vary by method and region.FreeFreeNot recordedNot recordedUSD 50,000Instant
Cryptocurrency (USDT-TRC20, USDT-ERC20, USDT-BEP20)Cryptocurrency
Availability may vary; ensure cryptocurrency transactions permitted in your jurisdiction.
FreeFreeNot recordedNot recordedUSD 50,000Instant
Apple Pay and Google PayE-WalletAvailability and processing times vary by method and region.FreeFreeNot recordedNot recordedUSD 50,000Instant
POLi (Australia Only)Other1FreeFreeNot recordedNot recordedAUD 50,000Instant
BPay (Australia Only)Other1FreeFreeNot recordedNot recordedAUD 50,0003 days
MPESA (Kenya Only)OtherAvailable only to Kenyan clients.FreeFreeNot recordedNot recordedKES 50,0001 day
FasapayE-WalletEnsure Fasapay is available in your country.FreeFreeNot recordedNot recordedUSD 50,000Instant
UnionPay (China Only)OtherAvailable only to Chinese clients.FreeFreeNot recordedNot recordedCNY 50,000Instant

Broker's notes on these methods

  1. Available only to Australian clients. · applies to 2 methods
Fees, limits and processing times as published by RMS TRADE, recorded by Wikilix.
Social channels

Social Presence

One official channel on record.

1 channel
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the RMS TRADE brand.

1 entity
  • Pepperstone Group LimitedActiveAustraliaRegistration ACN 147 055 703Established Oct 27, 2010Australian public company recorded as active from 27 October 2010 on the Australian Business Register. It is named as the company behind this brand, but WIKILIX research found no link between it and the website this brand operates: the entity is an unrelated, genuinely licensed Australian firm and the name appears to be used without authority.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about RMS TRADE

Most Popular Questions
Pepperstone Group Limited offers a wide range of regulated financial instruments including Forex, stocks, options, derivatives, commodities, futures, bonds, funds, securities, and CFDs. The exact instruments available may depend on the regulatory jurisdiction and account type.
Pepperstone Group Limited offers leverage up to 30:1 depending on the regulatory jurisdiction. For example, ASIC limits leverage to 28:1, FCA and CySEC allow up to 30:1, while the Dubai Financial Services Authority permits leverage up to 150:1. Leverage availability may vary by region and instrument.
RMS TRADE supports various funding methods including credit/debit cards, bank wire transfers, e-wallets like PayPal and Skrill, local payment methods such as POLi and MPESA, cryptocurrency (USDT on TRC20, ERC20, BEP20), and mobile payments like Apple Pay and Google Pay. Deposit processing is generally instant, while withdrawals may take 1 to 3 business days depending on the method.
Pepperstone Group Limited, operating as RMS TRADE, is regulated by several authorities including ASIC in Australia and FCA in the UK. These regulators are onshore and tier 1, providing high transparency and client fund segregation. However, there is no mandatory client fund insurance under ASIC, while FCA offers protection up to £85,000.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with RMS TRADE