Rohkatech.com or Rohkatech, is a scam online trading platform targeting beginner traders and unsuspecting investors. The website displays content in Russian, but any standard browser can translate it into English and five other languages.
- Email: support@rohkatech.com.
- Telephone: +357 99 591713.
- Purported Physical Location: Kodrou, Cyprus.
Rohkatech claims to have been founded in 2017 to offer financial services and solutions. However, a WHOIS domain search reveals that the domain was actually registered in 2019, contradicting the company’s claim.
The fraudulent trading platform also asserts that it initially focused on creating a reliable platform for trading and asset management. This is blatantly false, as the platform offers nothing close to such services.
Additionally, Rohkatech falsely claims to have expanded its services in 2020 by adding tools and analytical resources to support more precise investment decisions.
It also alleges that it received recognition through several awards for innovation and customer service in 2022, solidifying its leadership status. However, we could not verify any such awards or recognition, casting serious doubt on these claims.
Furthermore, Rohkatech asserts that in 2024, it is prioritizing sustainable growth with plans to expand services, implement new technologies, and strengthen its international presence. These, too, are likely false claims designed to project legitimacy and a history of success.
As mentioned in my review of another scam broker, ‘ACT Capital Partners,’ making false claims is a common tactic scammers use to evade regulatory scrutiny and make it harder for authorities to track them down.
Other Reasons We Believe Rohkatech.com Is Fraudulent
1. A Suspicious Office Address
The company displays Kodrous, 19 Aradippou, Larnaca 7104, Cyprus as its physical address. What’s more, as I stated earlier, the rohkatech.com website displays text in Russian by default. However, it is designed in such a way that any standard browser can quickly translate the text into English, German, French, Italian, Spanish, and Chinese.
Yet the most commonly spoken language in Cyprus is Greek, which is notably absent from the list of supported languages on the website. This omission raises questions, as it is illogical for a business to have a website that caters to several languages but neglects the primary language of its physical location.
The lack of local language support may indicate a disconnection from the local market or an attempt to target an international audience while masking its true operations. This could suggest that Rohkatech is not genuinely rooted in Cyprus, as it claims, but is instead trying to create a misleading image of legitimacy. Such discrepancies in language support and physical location can be significant warning signs for potential investors, highlighting the need for caution and thorough research before engaging with the platform.
2. A Lack Of Online Presence
As mentioned earlier, Rohkatech claims to have been in operation since 2017, suggesting it has been active for about seven years. The company also asserts that it has received recognition and several awards.
One would expect a company with such a history and success to have a strong online presence. Basically, you’d hope to find its well-established profiles on social media sites, like Reddit, Twitter, and Facebook, as well as major review platforms e.g. Trustpilot.
I searched for this broker on Trustpilot and the aforementioned social media platforms but found no trace of the company. How can a broker that claims to be reputable and successful lack an online presence? This is another significant red flag that raises questions about its legitimacy, transparency, and trustworthiness.
3. False Regulatory Details
The website lists several financial regulators under the section “Our Company’s Financial Regulators.” These include:
- Australian Securities and Investment Commission (ASIC).
- Financial Conduct Authority (FCA) in the UK.
- Dubai Financial Services Authority (DFSA).
- Cyprus Securities and Exchange Commission (CySEC).
However, it does not provide specific registration details, such as license numbers, for any of these regulators. We took the extra step of searching the registries of each regulatory body listed but found no results for Rohkatech.
This indicates that the company is not regulated by any authorities, contradicting its false claims. With this lack of oversight, rohkatech.com finds it easy to operate without supervision, defrauding traders and making it difficult for victims to seek legal redress.
4. Rohkatech.com Has Attracted Widespread Negative Reviews
When you type “rohkatech.com” into Google and search for the term, only negative reviews of the broker come up. Nearly all broker review blogs consistently warn that Rohkatech is a dubious broker.
These reviews highlight fraudulent activities associated with the platform, including misleading information about their services and lack of regulatory compliance.
Additionally, the absence of positive testimonials raises further concerns about the company’s credibility and integrity.
The same case can be witnessed on YouTube where many broker review channels expose rohkatech.com as a dubious online trading platform. This suggests that many individuals and experts in the financial community have serious concerns about the legitimacy of Rohkatech. The numerous negative reviews and warnings indicate a consistent pattern of fraudulent behavior and deceptive practices associated with the broker.
I strongly advise potential investors to heed these warnings and this fake online trading platform like the plague.
Final Verdict
In conclusion, Rohkatech.com is a fraudulent broker that employs misleading information and deceptive tactics to exploit unsuspecting investors. The platform exhibits numerous red flags commonly linked to scam trading operations, including making false claims about its founding date, services, and regulatory status. It operates illegally without any legitimate oversight, provides a questionable physical address, and lacks an authentic online presence beyond its own website. Additionally, the absence of positive reviews further underscores its lack of credibility, with every available review warning against engaging with this broker. Multiple independent sources consistently advise potential investors to avoid Rohkatech.com at all costs to prevent falling victim to its schemes. My final verdict is that you should avoid this broker.
Have You Fallen Victim To Rohkatech.Com?
If you’ve lost money to the Rohkatech fraudulent broker, go to this page, or email scamread@scamreader.info to report the incident and seek help.