Company profile
Note: Ruizean's official website - https://ruizean.com/ is currently inaccessible normally.Ruizean Review SummaryFounded2014Registered Country/RegionAustraliaRegulationASIC (Revoked/Suspicious Clone)Market InstrumentsForex, CFDsDemo Account✅LeverageUp to 1:400EUR/USD SpreadFloating around 0.1 pipsTrading PlatformMetaTrader 4Min Deposit$200Customer SupportTel: +61 2 9017 5200Email: info@ruizean.comFacebook: https://www.facebook.com/pages/Ruizean-Pty-Ltd/1044115708938452 Ruizean was registered in Australia in 2014, offering trading in Forex and CFDs with leverage up to 1:400 and spread floating around 0.1 pips on the Standard account via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as 200 USD. Besides, their ASIC license is a suspicious clone.Pros and ConsPros Cons Support demo accountUnavailable websiteCommission-free account offeredRegulatory issuesLow spreadsHigh minimum depositSupport MT4Limited payment optionsIs Ruizean Legit? No, Ruizean currently has no valid regulations. It only holds revoked and suspicious clone ASIC licenses.What Can I Trade on Ruizean?Tradable Instruments Supported Forex✔CFDs✔Bonds❌Options❌ETFs❌Account Type/FeesAccount TypeMin DepositSpreadCommissionStandard$200From 1.8 pips❌ProFrom 0.1 pips$3.5 per lot for currency pairs only, no commission for transactions involving Metals or CFDsLeverage Ruizean offers leverage up to 1:400 for both account types, which can potentially bring high returns, but it also comes with high risks.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal Ruizean primarily facilitates deposits via wire transfers, and the minimum initial deposit required to open an account with Ruizean is set at $200.
BOSS85927
New Zealand
After months of waiting for this company to accept my withdrawal request which they denied, they locked my account and stopped responding to my emails. It seems that Ruizean has intentionally kept people out of their accounts for hideous purposes. They should know that the people are outraged and we are coming for them!
37130
2023-03-15