RISE TRADING Forex Broker

Note: RISE TRADING's official website: https://www.risetradingpro.com is currently inaccessible normal. RISE TRADINGReview Summary Founded2021 Registered Country/RegionThe Virgin Islands RegulationNot regulated Market InstrumentsForex, commodities, indices, stocks, and cryptocurrencies Demo Account/ LeverageUp to 1:1000 SpreadFrom 0.6 pips Trading PlatformWeb-based Min Deposit$50 Customer SupportAddress: 3rd Floor Ellen Skelton Building 3076 Sir Francis Drake Highway Road Town, Tortola British Virgin Islands VG1110 RISE TRADING was registered in the Virgin Islands in 2021. It offers various trading assets, like forex, commodities, indices, stocks, and cryptocurrencies with leverage up to 1:1000. The minimum deposit to open an account is only $50. However, it is not regulated.Pros and Cons Pros Cons Diverse trading assetsInaccessible website Multiple account typesNot regulated Flexible leverage ratiosNo MT4 or MT5 Low minimum depositAdministration fee charged No contact channelIs RISE TRADING Legit? RISE TRADING claims it is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). However, traders can't find any accurate information on the website. Traders should be careful.What Can I Trade on RISE TRADING? Tradable Instruments Supported Forex✔ Commodities ✔ Indices ✔ Stocks ✔ Cryptocurrencies ✔ Bonds❌ Options ❌ ETFs❌Account Type RISE TRADING offers three account types: ECN account, High Leverage Account, and Islamic Account. Account Type MinDeposit Islamic50 USD ECN High LeverageLeverage RISE TRADING's leverage varies by the account type. Account Type Leverage Islamic1:200 ECN High Leverage1:1000 Trading with high leverage allows higher profits, but also increases the risk of sudden and excessive losses proportionally.Spread Account Type Spread IslamicFrom 0.6 pips ECN High LeverageFrom 1 pipTrading Platform Trading PlatformSupported Available Devices Suitable for Web-based ✔Web/ MT4❌/Beginners MT5❌/Experienced tradersDeposit and Withdrawal RISE TRADING accepts payments via bank transfers, credit cards (MasterCard), and cryptocurrencies. Besides, it allows three withdrawals per day for free. If there are a higher number of withdrawal requests or the amount is less than 50 USD, it charges an administration fee of 3 USD plus 2.5%.