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Pros

Offers 1:2 leverage, allowing traders to control larger positions with a smaller capital investment.
Fixed spread for USD/JPY at 0.2 cents, providing some level of price transparency.
Provides educational resources covering finance, economics, and trading strategies to assist traders in making informed decisions.

Cons

Lacks regulation, raising concerns about the safety of funds and overall trustworthiness.
Actual spreads may vary for individual clients, and there is no guarantee on the spreads advertised.
No demo account is available, limiting opportunities for traders to practice and test strategies before engaging in live trading.

Ridge Corporation broker Accounts

Ridge Corporation Account Type

Ridge Corporation offers various account types designed to meet the needs of different traders. Here are the key account types available:

  • Standard Account:
    • Minimum Deposit: $100
    • Leverage: Up to 1:100
    • Spreads: Raw spreads starting from 0.0 pips
    • Trading Instruments: Access to over 150 stocks, 80+ forex pairs, cryptocurrencies, and more.
    • Forex Account:
      • Minimum Deposit: $100
      • Leverage: Up to 1:100
      • Spreads: Competitive low commissions
      • Trading Instruments: Access to a comprehensive suite of 80+ forex pairs with institutional-grade execution.
      • Crypto CFD Account:
        • Minimum Deposit: $100
        • Leverage: Up to 1:100
        • Spreads: Raw spreads and low commissions
        • Trading Instruments: Trade 60+ cryptocurrency CFDs, available 24/7.
        • Precious Metals Account:
          • Minimum Deposit: $100
          • Leverage: Up to 1:100
          • Spreads: Low commissions
          • Trading Instruments: Access to global commodities market.

          Ridge Corporation Broker Account Opening Process

          Opening an account with Ridge Corporation is a straightforward process. Follow these steps:

          • Visit the Website: Go to Ridge Corporation's official website.

          • Account Registration: Look for the "Account Opening" button on the homepage.

          • Provide Personal Information: Fill out the registration form with your full name, email address, phone number, and physical address.

          • Agree to Terms: Read and accept the terms and conditions presented during the registration process.

          • Verification Steps: Complete any additional verification steps required, which may involve submitting identification documents.

          • Submit Registration: Review your information for accuracy and click the “Submit” or “Create Account” button.

          • Sign In: After your registration is complete and verified, sign in to your new Ridge Corporation account using your chosen username and password.

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