Wikilix
RMS TRADE logo

RMS TRADE

Suspicious Clone
Australia
,
Since 2010
Last Updated:
80/100
Overall Score

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 88%, 2: License 72%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
88%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
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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

7 licenses
United Kingdom
FCATier 1
Financial Conduct Authority
Financial Conduct Authority
United Kingdom
Tier 1

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.

United Kingdom#684312Checked Aug 17, 2026
License Details
Type:Financial Service
License #:684312
Status:Not recorded
Validity
Effective:N/A
Expires:N/A
Last checked:Aug 17, 2026
Not verifiedClone-firm claim, not held by this operator
What our check found

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.

Germany
BaFinTier 1
Federal Financial Supervisory Authority
Federal Financial Supervisory Authority
Germany
Tier 1

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.

Germany#151148Checked Aug 17, 2026
License Details
Type:Financial Service
License #:151148
Status:Not recorded
Validity
Effective:N/A
Expires:N/A
Last checked:Aug 17, 2026
Not verifiedClone-firm claim, not held by this operator
What our check found

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.

Australia
ASICTier 1
Australia Securities & Investment Commission
Australia Securities & Investment Commission
Australia
Tier 1

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.

Australia#414530Checked Aug 17, 2026
License Details
Type:Retail Forex License
License #:414530
Status:Not recorded
Validity
Effective:N/A
Expires:N/A
Last checked:Aug 17, 2026
Not verifiedClone-firm claim, not held by this operator
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.

Cyprus
CySECTier 2
Cyprus Securities and Exchange Commission
Cyprus Securities and Exchange Commission
Cyprus
Tier 2

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.

Cyprus#388/20Checked Aug 17, 2026
License Details
Type:Investment Advisory License
License #:388/20
Status:Not recorded
Validity
Effective:N/A
Expires:N/A
Last checked:Aug 17, 2026
Not verifiedClone-firm claim, not held by this operator
What our check found

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.

United Arab Emirates
DFSATier 2
Dubai Financial Services Authority
Dubai Financial Services Authority
United Arab Emirates
Tier 2

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.

United Arab Emirates#F004356Checked Aug 17, 2026
License Details
Type:Financial Service
License #:F004356
Status:Not recorded
Validity
Effective:N/A
Expires:N/A
Last checked:Aug 17, 2026
Not verifiedClone-firm claim, not held by this operator
What our check found

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.

Bahamas
SCBTier 3
The Securities Commission of The Bahamas
The Securities Commission of The Bahamas
Bahamas
Tier 3

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.

Bahamas#SIA-F217Checked Aug 17, 2026
License Details
Type:Investment Advisory License
License #:SIA-F217
Status:Not recorded
Validity
Effective:N/A
Expires:N/A
Last checked:Aug 17, 2026
Not verifiedClone-firm claim, not held by this operator
What our check found

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.

Kenya
CMATier 3
The Capital Markets Authority
The Capital Markets Authority
Kenya
Tier 3

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.

Kenya#128Checked Aug 17, 2026
License Details
Type:Investment Advisory License
License #:128
Status:Not recorded
Validity
Effective:N/A
Expires:N/A
Last checked:Aug 17, 2026
Not verifiedClone-firm claim, not held by this operator
What our check found

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.

3
Tier 1
7
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

11 methods
Credit/Debit Cards (Visa, Mastercard, American Express, Diners Club)
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawals may take 1–3 business days; ensure card issuer supports online transactions; includes Visa, Mastercard, American Express, Diners Club.
Bank Wire Transfers
Bank Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:USD 20
Min:USD 80
Max:USD 50,000
International bank transfers may incur approx. $20 fees; processing times vary by bank and location.
E-wallets (PayPal, Skrill, Neteller, UnionPay, MPESA)
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 50,000
Availability varies by region; ensure e-wallet service supported in your country.
Local Payment Methods (POLi, BPay, MPESA)
OtherInstant
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:Free
Min:N/A
Max:USD 50,000
Processing times and availability vary by method and region.
11
Free Deposit
11
Instant
1
Crypto

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

1 platform

Corporate Network

Enterprise structure & relationships

1 entities

Pepperstone Group Limited

Australia
active

Registration

ACN 147 055 703

Established

2010-10-27

Comments

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