RSI Technology

After reviewing RSI Technology, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.

Who is RSI Technology?

On the surface, RSI Technology looks like an ordinary forex and crypto broker. Its public site is presented at https://rsiforex.com/. But surface impressions are exactly what these operations rely on — the substance behind RSI Technology is where the problems begin.

Is RSI Technology regulated?

We could find no evidence that RSI Technology holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• No verifiable licence from a recognised financial regulator
• Offshore or shell-company registration used to avoid oversight
• Opaque or anonymous corporate ownership
• Aggressive “account managers” coaching clients to deposit
• Unrealistic profit claims and pressure to deposit more

Our analysis

RSI Technology claims to be owned by a company registered with the name RSI CAPITAL LLC in MonteNegro. It further mentions a reference number and the Ministry of Finance in the country, however, as far as we know the government of Montengero does not regulate Forex trading and the brokerage giving the registration number of its company. The truth is that RSI Technology is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Can you recover money lost to RSI Technology?

If you have deposited with RSI Technology, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.