Investment Companies

RMT Financial

1.4 (10 reviews)
🇨🇦 Canada
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1.4
10 reviews
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About RMT Financial

RMT Financial has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Left feeling scammed

B
Brian C.
1 months ago

I requested my data from RMT Financial under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Automated trading options|Detailed reporting

Cons: Withdrawal takes 1-2 business days|Onboarding videos are outdated

Regulatory warning exists for this firm

M
Megan J.
8 months ago

For anyone considering RMT Financial, please be aware that this company has been flagged by Ontario Securities Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Pros: Information is publicly available for verification

Cons: Appears in regulatory warnings database|Uncertain regulatory status

No way to escalate complaints

F
Frank C.
8 months ago

I had high hopes for RMT Financial through word of mouth in my investment club, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Excellent charting|Full transparency

Cons: Slow to add new assets|Cannot customize dashboard fully

Limited to their own products

K
Karen K.
10 months ago

After for nearly two years with RMT Financial, 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: Automated trading options|Fast deposits|Instant funding

Cons: Email notifications too frequent|Live chat only during business hours

Checked with regulators - they're not licensed

E
Emily N.
10 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that RMT Financial has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Not registered with regulators|Unrealistic promises

A sinking ship

E
Elizabeth H.
10 months ago

Do not use RMT Financial for anything serious. I used them for about ten months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Customizable dashboard|Great customer service|Professional team|Demo account available

Cons: Would like more payment methods

Warning to all investors

T
Thomas L.
10 months ago

I invested $15,000 with RMT Financial after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Ontario Securities Commission.

Cons: Blocked my account|No legitimate license|Fake returns

Bonus clawback on technicality

C
Christina M.
11 months ago

I wanted to transfer my portfolio from another broker to RMT Financial. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Stable platform|Detailed reporting

Cons: Would like more payment methods|Limited demo account features

Data breach and they did not notify us

G
George L.
11 months ago

I had a dispute with RMT Financial and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Detailed reporting|Intuitive for beginners|Educational resources

Cons: Wish they had more educational resources|Nothing significant

Beware - This company is not legitimate

A
Anna H.
11 months ago

I was contacted by RMT Financial through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: No regulatory oversight|Money disappeared|Fake testimonials