Broker Review

Unauthorised Firm Details
Name: Ryoex.com
Website: ryoex.com

Platform Overview

RYOEX presents itself as a global brokerage offering access to a wide range of markets, including forex, precious metals, energy CFDs, stock CFDs, index CFDs, and cryptocurrency CFDs. The platform offers very high leverage, up to 1:2000. Traders can use the cTrader platform on desktop, web, and mobile, which provides features such as Level II market depth, full order history, and slippage data.

The platform claims to secure client funds with segregated accounts, real-time risk monitoring, negative balance protection, and bank-grade data encryption.

Regulation and Licensing

• RYOEX states that its parent company is licensed in Saint Lucia.

• The platform also claims registration in the U.S. as an Exempt Reporting Adviser with the SEC and as a Money Services Business with FinCEN.

• Independent analysts question these claims: the Saint Lucia license does not constitute full forex brokerage regulation, and the SEC and FinCEN registrations do not guarantee oversight of trading services.

Key Risks and Concerns

• Regulatory Ambiguity: The platform’s claims about licensing are disputed and may be misleading.

• Very High Leverage: While attractive, such leverage dramatically increases the potential for losses.

• Trust Issues: Independent research suggests that the broker may not be fully trustworthy.

• Short Track Record: Being a relatively new broker, there is limited long-term feedback or independent validation.

Advice for Traders

• Start with a small deposit to test the platform.

• Request proof of regulation and verify independently.

• Use strict risk management: stop-losses, cautious leverage, and only risk capital you can afford to lose.

• Keep records of all transactions and communications for security and accountability.

Conclusion

RYOEX offers a modern trading environment with advanced tools, wide market access, and very high leverage. However, the platform has significant regulatory uncertainties and trust concerns, making it a high-risk choice. Traders should approach with caution and consider more fully regulated brokers for safer trading.