Rentalzi

Investigating Rentalzi: A Comprehensive Review

Rentalzi is a CFD broker with tempting offers that are quite hard to resist. Trading on a global scale at favorable prices, a wide selection of assets and analysis tools, a professional terminal, and competent support are just a few of the opportunities available to users. However, the project creators only think that potential clients are unaware of the scammers’ plans to appropriate their money. Experienced traders will themselves recognize the signs of a fraudulent company, and we will help the inexperienced ones. A detailed review of this platform can be found below.

Overview of Rentalzi

Introduction to some broker is recommended to start with its official website. It’s here that a company publishes essential information that will provide an overview of the prospects for cooperation. That’s why we began to examine the information about Rentalzi posted on its pages.

Broker History

We usually start getting acquainted with a company by searching for information from its history. This will help us assess how successfully the broker conducts its activities, the experience of its team, and whether it is worth dealing with them.

Rentalzi decided to refrain from placing this information on the website. Even on “About” page, the project creators preferred to talk about its advantages rather than about non-existent facts, such as the date of the platform’s creation or its achievements. The only exception is several statistical indicators. Among them, the number of registered trading accounts stands out — more than 3,000,000. The figure is impressive but hardly plausible. To achieve it, one needs to work in the market for over 10 years. Of course, it needs verification, and we will definitely conduct it.

Rentalzi.com Website

The impression left by the broker’s official website is not straightforward. It looks quite decent and is composed well. However, the elements that stand out against the main background literally strain the eyes. And the very slow page loading suggests either excessive fascination with images or poorly conducted optimization. In either case, questions arise about the professional level of web designers.

However, even more questions arise about the website’s content. The developers have shown maximum capabilities and created a site with almost zero informational value. Here are just a few examples:

• The creators of “Market Instrument” page lacked imagination to provide even extended descriptions of asset groups. Not to mention the specifications of contracts that we hoped to see there.
• We have already mentioned “About” page. Instead of a substantive introduction to the company, we are offered another portion of stories about Rentalzi’s own merits. Most of them are said by every first scam broker. Thus, the platform does not stand out much among similar ones.
• The “Research” section of the main menu is a real masterpiece in Rentalzi’s execution. It turns out that lousy e-Books, educational courses, an economic calendar stolen from Investing.com (posted without a link to the source), free news, etc., are now proudly called “Research”. And the company’s “researchers” have devoted almost all their efforts to placing the fruits of others’ labor on their website.

In short, nobody cares about the traders’ interests or attracting clients through the official website of Rentalzi. This crippled creation only indicates the broker’s presence on the Internet (because that’s what’s needed). They invite clients through completely different methods, mostly illegal.

Registration Process and Personal Account

The process of registering a new client with Rentalzi is not very complicated. Opening an account takes just a couple of minutes.

To do this, you need to specify:

• First and last name.
• Email.
• Date of birth.
• Phone number (select country code from the list).
• Full mailing address.
• Account currency (select from the list).
• Promo code (if available).

In addition, it’s mandatory to confirm that a client:

• Has read and agrees to the terms of the Terms & Conditions, Privacy Policy, Execution of Orders, KYC, and Risk Disclosure.
• Is not a resident of the USA and does not pay taxes there.
• Is ready to receive promotional mailings and notifications from the company.

It looks almost like that of a licensed broker. However, there are a few minor differences and one very significant one. It lies in the fact that it is not possible to complete the registration independently. After submitting the completed form, a user receives an error message and is prompted to contact Rentalzi support for assistance.

Actually, this did not surprise us. We assume that Rentalzi is a scam broker, and such an approach is quite common in their practice. In personal contact, support specialists will not only correct the error but also create an account. However, they will do this only if users can prove that they are eager to trade with this broker and have already prepared funds for deposit. This allows them to weed out overly smart and experienced traders who will quickly identify the scam project and tell everyone about it.

Of course, we did not receive an active account and, consequently, access to Rentalzi’s client workspace. As a result, we were unable to assess the organization and functionality of the broker’s client portal.

However, it’s unlikely that the company has come up with anything original. Most likely, we would have encountered one of the common templates with a minimal set of functions used by scammers.

Trading Platform

Rentalzi speaks about its trading platform only in superlatives. The broker calls the terminal convenient and high-performance, listing the ability to work on multiple markets, the availability of numerous indicators, and fast order execution as its main advantages.

It’s difficult for us to compare since we cannot assess the software due to the lack of an active account. However, we would like to see at least one trading program that does not fit the same description.

However, the main question is not about this. We were unable to launch the web application or download client versions for desktop and mobile devices. We did not find applications for gadgets running on iOS and Android in the AppStore and Google PlayMarket. We would really like to know why.

It seems that Rentalzi has something to hide. Obviously, the software is not as good as the company describes it. Therefore, a user does not have access to a demo account. For this reason, there are no applications in stores — where reviews are available from those who have already worked with them. However, there may be another problem with mobile versions — platforms don’t host software that does not meet certain requirements or is created by a fraudulent developer.

In short, Rentalzi’s approach to software placement and access to it has become the best evidence that we are dealing with a fraudulent project. The broker could not have created a more effective anti-advertisement.

Contacts

This page on Rentalzi’s website looks simply terrible. The main space on it is occupied by advertisements for the “Help Center” (FAQ with a dozen questions) and online chat. At the same time, there’s plenty of unused space, and the developers had to come up with something for the background. It turned out to be a failure.

However, there’s hardly any really useful information visible on it. Nevertheless, the broker has placed:

• Support email address: info@rentalzi.com.
• Its phone number: +18007953704.

In the footer of the pages, there’s other contact information:

• Company address: The Gateway, Harbour City, 15 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong.
• Links to channels and groups on Instagram, YouTube, Facebook.

The latter may provide some additional information for consideration. For example, the YouTube channel was created on May 4, 2023, and has gathered a whopping 8 subscribers (out of 3,000,000 clients). And there are no links to posts on X (Twitter) due to the account being blocked for violating network rules.

Analysis of Services Offered by Rentalzi

After familiarizing yourself with the company’s services, it’s necessary to carefully consider its offerings to clients. What conditions does Rentalzi promise to provide to traders?

Funding and Withdrawal

The company decided not to create a separate page for information about financial transactions in Rentalzi. They considered mentions of them in the FAQ to be sufficient. However, this section only provides a list of payment methods available to clients:

• Bank transfers.
• Credit and debit cards.
• Cryptocurrencies.

There’s no mention here of the terms for non-trading account deposit and withdrawal operations. Obviously, users will have to deal with this issue on their own in their personal account. For us, who have not received an active Rentalzi account, the details are unavailable.

However, we are more than sure that the broker has not come up with anything unusual. The main method of sending and receiving funds remains transactions in cryptocurrencies. This allows keeping details and activity secret from tax and regulatory authorities. As for other methods, at best, customers will be provided with card or drop account details.

Rentalzi Trading Conditions

The broker informs about some trading conditions on almost every page. It concerns the maximum leverage of 1:200. The rest traders hope to see on the page with types of accounts.

However, Rentalzi has its own view on this issue. The broker duplicated the options for leverage size, reporting the minimum trade volume (0.01 lots). It also provided requirements for the minimum deposit for each of the six tariff plans:

• Beginner — $1,500.
• Plus — $3,000.
• Advanced — $5,000.
• Premier — $10,000.
• Platinum — $25,000.
• Platinum Pro — $50,000.

Wealthy traders can become VIP members after depositing $100,000. Rentalzi claims to already have 75 such clients.

The broker remains silent about other characteristics of the deals. Traders will have to determine them themselves, at the cost of losses when opening and closing positions.

The list of options includes many that are not of interest to experienced traders but may be useful to market newcomers. These include educational materials, trading signals, personal manager support, etc. They are not trading conditions, but are published specifically for those who have a weak understanding of trading principles but want to earn a lot and quickly. The outcome of such “cooperation” with Rentalzi is clear without comments.

Is Rentalzi Trustworthy and Reliable?

The broker almost managed to convince us that behind it are scammers, and their methods are widely used in their work with clients. However, for a final conclusion, only an analysis of legal information about Rentalzi is needed.

Assessing Legitimacy

The only address that can be found on the website and in official documents is located in Hong Kong. Although it was not easy to find such information with the new registry, we checked the company’s registration details.

However, there was no information found about Rentalzi Limited, the company operating the broker. The broker also lacks a license from local financial regulator SFC, which issues relevant permissions.

Thus, all the platform’s activities are conducted only online without official registration of the legal entity. Rentalzi also lacks a license to provide brokerage services. Consequently, it operates illegally, and traders who have funded their accounts here cannot rely on the protection of their own rights.

Established Track Record

We still need to fulfill our promise and check the broker’s creation date. Since Rentalzi does not publish such information, we will use data from the whois service, where we can obtain the domain registration date.

We see that the platform uses a domain registered back in June 2020. However, an analysis of web archive snapshots shows that activity on it only appeared in April 2023. This, by the way, is consistent with data on the timing of publications — they also appeared in April-May 2023.

This information contradicts only the statistics provided by the broker. It’s simply impossible to attract 3 million clients, as Rentalzi claims, in less than 9 months of operation. This confirms our suspicions of fake data.

Implications for Traders

In our opinion, the Rentalzi broker does not deserve traders’ trust. The virtual platform operates only online without official registration and a license to provide brokerage services. The statistics provided on the website are unreliable, and self-registration is impossible. All these are clear signs of a scam project, where one can only lose money. We don’t recommend opening or funding accounts here.

Strengths and Weaknesses