Operating status: SCAM
On May 17, 2023, the Financial Conduct Authority (FCA) issued a warning against Robertson RX, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/robertson-rx-phoenixing-robertson-rayner
Robertson RX fails to provide regulatory information and licensing data, a significant scam indicator as legitimate brokers always prominently display such information to instill trust and transparency. This is a red flag. Given its claim that it is located in Singapore, we searched for this broker in the Monetary Authority of Singapore (MAS) registry and confirmed that it is not regulated by the financial regulator in accordance with the law. Therefore, any offering of financial products or services by Robertson RX is illegal. Furthermore, the Financial Conduct Authority (FCA) has added it to the warning list for illegal operations.
In essence, Robertson RX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.