Brokers  /  Redwingroup

Redwingroup

Moderate risk
🇬🇧 United Kingdom · 5-10 years · since 2020-12-22 · Redwingroup
Unregulated
Visit site ↗
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7510%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameRedwingroup
Headquarters🇬🇧 United Kingdom
Founded2020-12-22
Years operating5-10 years
Employees0
Official websiteredwingroup.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
GOLD--50,000 - $249,999----
SILVER--10,000 - $49,999----
MINI--2,500 - $9,999----
MICRO--500 - $2,499----

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.83)

All four Trustpilot reviews are 1-star, uniformly labelling Redwingroup a scam. Users report unauthorized credit card charges, refusal to refund, and being pressured to invest despite having no trading knowledge.

Not for
  • All traders, especially beginners
  • Anyone seeking a regulated broker
  • Those who value fund safety
Period:
What users complain about
Where reviewers are from
🇦🇪 AE1
🇬🇧 GB1
🇪🇸 ES1
🇸🇬 SG1
Positive vs negative · last 4 months Pos Neg
Sep
Jan
Mar
May

Real user reviews

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About Redwingroup

Overview

Redwingroup is a financial services firm that claims to offer online trading services to retail and institutional clients. According to available records, the company is registered in the United Kingdom and was founded on 22 December 2020. Despite its registration in a well-known financial hub, the broker does not appear to hold any valid regulatory license from the UK Financial Conduct Authority (FCA) or any other recognized financial regulator.

Publicly available information about Redwingroup is extremely limited. The company does not provide a detailed corporate website, and its online presence consists primarily of references to its account types and minimal contact information. This lack of transparency is a significant concern for potential clients seeking a trustworthy trading partner.

Regulation

At the time of writing, Redwingroup holds no verified regulatory licenses. The broker has not disclosed any regulatory authority that supervises its activities, nor does it claim to be authorized by any jurisdiction. This means that clients of Redwingroup are not protected by investor compensation schemes, and there is no external oversight of the firm’s operations, financial practices, or handling of client funds.

Operating without regulation is a red flag in the online trading industry. Regulated brokers are required to adhere to strict standards, including capital adequacy requirements, segregation of client funds, and participation in dispute resolution schemes. Without such safeguards, traders face a higher risk of fraud, misappropriation of funds, and lack of recourse in the event of disputes.

Account Types

Redwingroup advertises four distinct account tiers, each with a minimum deposit requirement and a specified balance range. The MICRO account requires a minimum deposit of $500 and is designed for balances up to $2,499. The MINI account starts at $2,500 and goes up to $9,999. The SILVER account demands a minimum of $10,000, with a balance range up to $49,999, while the top-tier GOLD account requires at least $50,000 and can accommodate balances up to $249,999.

Notably, the broker does not provide any information on key trading conditions for these accounts, such as maximum leverage, minimum spreads, commissions, or overnight swap rates. The absence of these details makes it impossible for traders to compare Redwingroup’s offering with other brokers or assess the total cost of trading.

Trading Conditions and Instruments

There is no publicly available information regarding the trading platforms offered by Redwingroup. The broker does not list any popular third-party platforms like MetaTrader 4 or 5, nor does it describe any proprietary software. Similarly, the range of tradable instruments—such as forex pairs, commodities, indices, or cryptocurrencies—is not disclosed.

This complete lack of transparency about the core trading environment is highly unusual for a legitimate brokerage. Established brokers typically provide detailed specifications of their platforms and instruments to attract clients. The absence of such information raises further questions about the broker’s operational capabilities.

Funding Methods

Redwingroup has not published any details regarding deposit and withdrawal methods. It is unclear which payment channels (such as bank wires, credit/debit cards, or e-wallets) are accepted, nor are there any stated processing times or fees. Potential clients are left without crucial information needed to plan their funding and cash-out strategies.

This opacity extends to practical considerations like the currencies accepted for deposits and whether clients can hold accounts in their local currency to avoid conversion fees. The lack of clear funding policies is a significant drawback for anyone considering opening an account.

Target Audience

Given the high minimum deposits—especially for the SILVER and GOLD accounts—Redwingroup appears to position itself for well-funded traders who are comfortable committing substantial capital. However, the combination of no regulation, undisclosed trading conditions, and opaque funding methods makes the broker unsuitable for the vast majority of retail traders.

Beginners and those who prioritize capital safety should exercise extreme caution. Even experienced traders would find it challenging to operate without the information and protections that regulated brokers routinely provide.

Overview compiled by FXCanary from regulatory records and public data. full Redwingroup review