RI Markets has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +442039364555
Addresses: Trust Company complex Ajeltake Road Ajeltake Island Majuro Republic of Marshall Island MH 96960 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.rimarkets.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. RI Markets said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Tax reports included|Fast execution
Cons: Inactivity fee applies after 12 months|Desktop app not available on Linux