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Ring Financial Forex Broker keeps up-to-date with the latest trading account information, including Standard Account maximum leverage of 1:200, trading varieties, and more
Rating Index
Pros
Offers a variety of trading products including forex, commodities, and CFDs.
Provides access to the MetaTrader 5 platform, which is popular among traders for its features and tools.
Minimum deposit requirement is relatively low at $1,000, making it accessible for some traders.
Cons
Lacks valid regulatory oversight, raising significant concerns about the safety and security of funds.
Numerous reports and reviews indicate potential fraudulent practices and a history of scamming clients.
Limited transparency regarding company operations and management, making it difficult for clients to trust the broker.
Ring Financial broker Accounts
Standard Account
Environment
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Currency
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Maximum Leverage
1:200
SupportedEA
Minimum Deposit
$ 1,000
Minimum Spread
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Depositing Method
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Withdrawal Method
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Minimum position
0.01 lot
Commission
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Products
Foreign exchange, commodities, CFDs
Ring Financial Account Type
Ring Financial offers two types of trading accounts for its clients: Standard Account and ECN Account.
- Standard Account
- Minimum Deposit: £100
- Maximum Leverage: 1:30
- Spreads: Higher spreads
- Commissions: Lower commissions (0.05% per trade)
- Target Audience: Designed for beginners and intermediate traders.
- ECN Account
- Minimum Deposit: £100
- Maximum Leverage: 1:30
- Spreads: Lower spreads
- Commissions: Higher commissions (0.03% per trade)
- Target Audience: Designed for experienced traders.
- Visit the Website: Go to the Ring Financial website at ring-forex.com.
- Click on "Open Account": Find and click the “Open Account” button on the homepage.
- Fill Out the Form: Complete the account opening form with your personal information, including your name, address, and contact details.
- Choose Account Type: Select either the Standard Account or ECN Account based on your trading style and needs.
- Make a Deposit: The minimum deposit required is £100. You can deposit funds using various methods, including credit/debit cards, bank wire transfer, or e-wallets.
- Verify Your Account: Upload copies of your government-issued ID and proof of address to verify your identity and address.
- Start Trading: Once your account is verified, you can begin trading immediately.
Both account types provide access to a variety of trading products, including forex, CFDs on stocks, indices, and commodities, and utilize the MetaTrader 4 trading platform.
Ring Financial Broker Account Opening Process
To open an account with Ring Financial, follow these steps:
This process is designed to be straightforward, allowing traders to quickly set up their accounts and start trading.
Ring Financial Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Ring Financial accounts can be viewed for products that can be traded Foreign exchange, commodities, CFDs accounts with a minimum deposit of $ 1,000 by (2+) --.