RUI WIN CAPITAL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://ruiwinaa.com/, about the company's legal and temporary regulatory information, the company's address .
RUI WIN CAPITAL Forex Broker
Basic information
Australia
2-5 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked High potential riskCompany profile
Note: Regrettably, the official website of RUI WIN CAPITAL, namely https://ruiwinax.com, is currently experiencing functionality issues.
RUI WIN CAPITAL Review SummaryRUI WIN CAPITAL Information
RUI WIN CAPITAL LTD operates as an unregulated entity from Australia, offering Forex and CFD products, and indices with leverage up to 1:200. They provide trading services through the MT5 platform and accept deposits via e-wallets and local bank wire transfers. However, reports indicate issues such as withdrawal difficulties, scam allegations, and severe slippage.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
Pros & Cons
| Pros | Cons |
| Competitive Spreads | Lack of Regulation |
| MT5 Trading Platform | Risk of Scams and Issues |
| Inaccessible Website | |
| Limited Customer Support Options |
Pros:
Competitive Spreads: RUI WIN CAPITAL offers competitive spreads ranging from 0.2 to 0.3 pips on major currency pairs like EUR/USD, which can be advantageous for traders aiming to minimize trading costs.
MT5 Trading Platform: Utilizing the MetaTrader 5 platform offers traders advanced charting tools, technical analysis capabilities, and automated trading options.
Cons:
Lack of Regulation: Operating without valid regulation from any financial authority poses significant risks to investors, as there is no oversight ensuring compliance with industry standards and protection of investor funds.
Risk of Scams and Issues: Reports and allegations of withdrawal difficulties, scams, and severe slippage raise concerns about the reliability and trustworthiness of RUI WIN CAPITAL as a trading service provider.
Inaccessible Website: The unavailability of their official website not only hampers access to essential information but also raises doubts about the stability and operational reliability of their trading platform.
Limited Customer Support Options: While they offer customer support through platforms like WhatsApp and Line, the absence of traditional support channels such as direct phone support or comprehensive online assistance may hinder effective issue resolution and client communication.
Is RUI WIN CAPITAL Legit？
RUI WIN CAPITAL operates without valid regulation, which signifies a lack of oversight by any government or financial authority over their operations. This absence of regulatory supervision increases the inherent risk involved in investing with them. Regulation typically ensures that financial entities adhere to stringent standards of conduct, transparency, and operational practices designed to protect investor interests.
Furthermore, the unavailability of their official website raises significant concerns about the credibility and stability of RUI WIN CAPITAL's trading platform. A reliable and accessible website is crucial for providing clients with essential information, updates, and access to their trading accounts.
Market Instruments
RUI WIN CAPITAL offers forex and CFD products, including forex pairs, metals, commodities, indices, as well as CFD products
Forex Pairs: Major, minor, and exotic currency pairs available for trading.
Metals: Precious metals such as gold, silver, platinum, etc., which are often traded as commodities.
Commodities: A range of commodities like oil, natural gas, agricultural products, and more.
Indices: Stock market indices from around the world, allowing traders to speculate on broader market movements.
CFD Products: Contracts for Difference (CFDs) on various assets, providing flexibility to trade without owning the underlying asset.
Leverage
RUI WIN CAPITAL offers a maximum leverage of 1:200 to its traders. Leverage essentially enables traders to control larger positions with a smaller amount of capital, which can potentially lead to higher returns on successful trades.
However, while leverage magnifies potential profits, it also amplifies potential losses. Trading with high leverage increases the risk of significant financial exposure, especially if market movements are adverse to the trader's positions.
Spreads & Commissions
RUI WIN CAPITAL offers competitive spreads ranging from 0.2 to 0.3 pips, which can vary depending on the financial instrument being traded. Spreads represent the difference between the buy and sell prices of an asset, and lower spreads generally indicate better trading conditions for investors.
However, specific details regarding commissions charged by RUI WIN CAPITAL are not readily available due to the inaccessible nature of their website. Understanding these costs is crucial for traders to accurately assess their overall trading expenses and make informed decisions about their trading strategies.
Trading Platform
RUI WIN CAPITAL provides its clients with the MetaTrader 5 (MT5) trading platform, accessible across Windows, iOS, and Android devices. MT5 is renowned for its advanced features and user-friendly interface, catering to both novice traders and seasoned professionals alike. The platform offers a comprehensive range of tools for technical analysis, including various charting capabilities, indicators, and graphical objects. Traders can execute trades swiftly and efficiently with access to real-time market data and one-click trading functionality.
Deposits & Withdrawals
RUI WIN CAPITAL states that they accept deposits via e-wallets and local bank wire transfers, but they do not provide specific details. However, for your safety and to avoid potential risks from unregulated or anonymous entities, we recommend consulting our list of brokers that accept PayPal.
User Exposure on WikiFX
On our website, you can see that reports of unable to withdraw, scams and severe slippage. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Customer Service
RUI WIN CAPITAL LTD provides customer support via WhatsApp and Line, in addition to offering a contact form where users can input basic contact details and await connection.
Conclusion
In conclusion, RUI WIN CAPITAL LTD offers attractive features like competitive spreads, a wide range of trading instruments, and high leverage. But operating without regulatory oversight raises substantial risks for investors, compounded by reports of withdrawal difficulties, scam allegations, and an inaccessible website should be noticed. These factors underline the importance of thorough research and caution.
Frequently Asked Questions (FAQs)
Is RUI WIN CAPITAL regulated by any financial authority？
No. It has been verified that this broker currently has no valid regulation.
How can I contact RUI WIN CAPITAL？
You can contact via WhatsApp, Line and online form.
What platform does RUI WIN CAPITAL offer？
MT5.
What trading products RUI WIN CAPITAL provides？
It provides forex and CFD products, including forex pairs, metals, commodities, indices, as well as CFD products.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
Rating Index
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Latest Reviews
mary ma
United States
I met someone on WeChat and trade spot gold at Rui Win Capital broker on MT5 through him until Feb. 11 2022. The total profit is $233902. On 2-11-2022, when I wanted to withdraw $30,000, I was told that I would pay 20% tax on the total profit, and it could not be deducted directly from the profit without any written notice. I directly locked my account. I tried to communicate with the customer service for a few days and there was no response. Willing to ask foreign exchange to help me recover my money and make them public, so that more people will not be deceived.
Exposure
2022-07-08
Jessica Wang27336
Australia
Since June, the platform has been unable to withdraw funds. "Dear users, in view of the Australian Securities and Investments Commission (ASIC) interviewing RuiWin Capital's legal person and relevant shareholder representatives on June 15, Australian time, due to the fact that the trading platform is facing capital restructuring and For other issues such as related equity mergers and acquisitions, the trading platform will temporarily suspend trading and stop related operations (including cash withdrawal and other related businesses). The specific recovery time is subject to the ASIC notification. I will notify you as soon as possible after the subsequent trading resumption. Sorry for the inconvenience!" It's been more than a month now, and now I can't even contact customer service!
Exposure
2022-07-07
yrp
Taiwan
It was proposed once on Saturday, July 30, and was revised on Monday, August 1. The customer service responded within 1-3 working days, which was supposed to be the time to be credited; the amount can be changed again on the third day! It means that there are no traders who want to withdraw cash at all! I can see my principal in the account, but I can't get my own back... After inquiries, this broker is regulated in Tianyan but not in FX100! I don't know where the information is correct! Also mentioned the 60% risk fund? I wonder if this is reasonable? Why is the customer responsible for this, and then all the principal is required to be withdrawn because of this reason? How about you didn't say anything before the transaction and only say it after the fact? Yesterday, August 4th, I checked again, and the supervision has been withdrawn!
Exposure
2022-08-05