Review summary
Rifa Technology Company Limited, operating under the trading name rifatrade, is registered in China and has been active for 5-10 years. The entity's regulatory status is unverified, and it does not hold any valid, recognized retail forex trading licenses. While the company claims an affiliation with Rifa Futures Limited in Hong Kong, that firm's purported Derivatives Trading License (AGN) is also listed as unverified and is not a typical license for a retail spot forex broker. WikiFX assessment indicates a very low overall SkyEye score of 1.51 and a complete lack of regulatory credibility for forex operations. The broker offers three account types (ECN, VIP, and Standard) with leverage up to 200:1, floating spreads from 0.0 pips on the ECN account, and a high minimum deposit requirement starting at $7,000 for the Standard account. Market data on execution speed, trading costs, and platform reliability is not available. In summary, rifatrade is an unregulated entity that lacks any authoritative financial oversight, presenting a significant risk profile for traders who require regulatory protection. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-03)
