RGM Trading has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Note: this company is not connected and should not be confused with the legitimate firms RGM Advisors LLC and RGM Trading LLC of 221 West 6th Street Suite 1600 Austin Texas 78701 Ph: 512.807.5000 registered in Delaware US file numbers 3456269 and 3917009
Phones: 85 2 3019 9421, fax 85 2 3006... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.rgm-trading.com.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. RGM Trading recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Professional team|Competitive fees|Market news feed
Cons: Limited ETF selection|Limited demo account features
I have been trying to close my account with RGM Trading for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Quick verification|Instant funding
Cons: None so far|Nothing significant
I signed up with RGM Trading after reading several online reviews and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Fast execution|Multi-currency support|No hidden fees|Customizable dashboard
Cons: Limited social trading features|No live chat on mobile
The onboarding at RGM Trading was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Intuitive for beginners|Fast deposits
Cons: Charting tools need more indicators|Wish they had more educational resources
Opened my account with RGM Trading after my brother mentioned them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Automated trading options|Low minimum deposit|Tax reports included|Quick verification
Cons: Alert system is basic
The reporting at RGM Trading is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: API access|Stable platform|Good analytical tools|Regular updates
Cons: Alert system is basic|Spreads widen during volatile periods
My withdrawal from RGM Trading was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: Two-factor authentication|Good mobile app|Low minimum deposit|Customizable dashboard
Cons: Alert system is basic|Minor UI glitches occasionally
I found RGM Trading through a podcast recommendation and the initial impression was positive. But for a few weeks now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Reliable uptime|Multi-currency support|Fast execution|Helpful community forum
Cons: Limited ETF selection|Research section could be deeper
After for about three months with RGM Trading, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Multiple order types|Segregated accounts|Excellent charting|Automated trading options
Cons: Alert system is basic|No integrated tax optimization
I gave RGM Trading a fair chance. After for just over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Good analytical tools|Demo account available|Multi-currency support|Regular platform improvements
Cons: Minimum deposit could be lower|Mobile app could be improved