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Ridge Corporation Forex Broker provides real users with 1 positive reviews, 2 neutral reviews and 19 exposure review!

Ridge Corporation Broker Review

1.36

WikiFX monitor

Business

Influence E

License

No license

Ridge Corporation Review 22

Latest All(22) Positive(1) Neutral(2) Exposure(19)
Neutral
Ridge Corp: Lucrative Leverage Laced with Uncertainty, Transparency Troubles Persist

So, Ridge Corporation is a bit iffy. Yeah, the 1:2 leverage sounds tempting, but without regulation, it's like playing dice with our money. The fixed spread for USD/JPY might be clear, but they say it can vary for each of us, and there's no guarantee on those spreads they're advertising. They're keeping us in the dark about minimum deposits, no demo account to try things out, and what's the deal with not telling us about the trading software? It's like they're leaving us in the dark on purpose. Definitely, something to mull over before deciding.

Harrison Montgomery
2023-12-07
Neutral
Ridge Corp's Leverage Lures, but Unregulated Status Raises Red Flags

Alright, so Ridge Corporation has some interesting stuff going on. They offer this unique 1:2 leverage, which could be cool for potential returns. The fixed spread for USD/JPY at 0.2 cents seems transparent, and using Trading View for trading is user-friendly. The live chat support is handy, and they've got a bunch of educational resources. But here's the catch – the lack of regulation raises a flag for the safety of our funds. Also, they didn't spill the beans on minimum deposits and account types, no demo account to test the waters, and they're keeping mum about the trading software. Something to think about before jumping in.

Clarabelle
2023-12-06
Exposure
If you are cheated and want to cheat again, you will not be able to get any money, so your account would be blocked forever as compensation. Ridge Corpoeation is going to die soon.

The customer service of Ridge Corporation said that I exposed them and wanted me to compensate them for the 1.5 million US dollars I applied for, and 10% of the NT$48 million they lost, which is NT$4.8 million. They also wanted to cheat me out of my money. The investing public must remember to call the police, catch them all, let their companies go bankrupt, spit back the money defrauded by investors, catch them one by one, let them sit in the bottom of the prison, and taste the consequences of defrauding people, having no conscience, and being inferior to animals.To trick them back, let them feel cheated! Come on, everybody…

大灰熊
2023-07-21
Exposure
When you apply for a withdrawal, you are constantly asked to pay various taxes and fees. After you have paid all of them, you will get played for a sucker at one time, and they won't contact with you after that.

The devil broker, Ridge Corporation is operating fraudulently, and it has no integrity at all. The customer service is full of good words, and the hype is full of hype. I hope that the majority of investors will not be deceived again. All their linked websites are all fake, fake cards, and deposit accounts. , are all warning head accounts, you must not deposit money, increase investment, say one thing, full of lies, advise investors who have participated, quickly withdraw money and leave, and report to the police.

大灰熊
2023-07-20
Exposure
This is a fraudulent company that deletes accounts for no reason.

I applied for a withdrawal of 2000$, but after 48 hours I haven’t received any. So I inquired, only to find that my account was deleted and I could not log in.

gonzo
2023-07-18
Exposure
Ridge Corporation, a black platform, was formerly Fasonla Tech. After this transformation, it continued to defraud.

Grizzly Taiwan practitioners just Ridge Corporation is a scam company and a black platform. Its predecessor was Fasonla Tech. It was tracked and monitored afterwards and changed to Ridge Corporation. I am a participant who has been using it all the way. You must be careful not to be fooled. The accounts they use to save money are all head accounts. As soon as you make a deposit, the money will be transferred to the agreed account immediately. The speed is very fast. Next, if you want to apply for a withdrawal, There will be even more difficulties. At least you have to pay a large amount of taxes of three to four kinds, for example, profit income tax, US dollar exchange tax, personal income tax and tax bureau material tax. As for what kind of tax you have to pay and how much is it? It's up to they! They are extremely black-hearted. As long as they want your money, they will cheat you as much as they can. It’s not an exaggeration to describe these people as “absolute sons and grandchildren”. People always have to pay back when they come out to mess around, and the retribution will come soon. I am kind and embarrassed to curse them. I hope those who are still operating on their platform will withdraw their capital and leave as soon as possible. Call the police to arrest people, sue them to death, and let them taste the pain of family ruin! Retribution is coming soon! In order to protect the rights and interests of our users to the greatest extent, our company has fully upgraded and updated the website and trading platform. Thank you. Thanks to all users for their support and understanding. Bank: Cathay United Bank Code: 013 Branch: Danfeng Branch Quota: 200 Hello, please follow the account 09:03 1 Keji Sijichang Branch Code: 017 Account Number: Xiang 06610089788 Quota: 100 The remaining 500,000 Bank of Tomorrow: Cathay Pacific United Bank Code: 013 Branch: Danfeng Branch Quota: 200 Hi, 解立照Account 09:03 Account Name: Jiang Minglun Bank: Bank of Taiwan Branch: Taiwan Bank Nangang Park Code: 004 Account Number: 225004052849 Quota: 50 Bank: Taishin International Commercial Bank Branch: North Kaohsiung Branch Code: 812 Account Number: 2046100035224 5 •Okay, please wait a moment 0106 •Account Name: Hong Weilin Bank: Taishin International Commercial Bank Branch: North Kaohsiung Branch Code: 812 Large amount It is necessary to exchange funds from US dollars to Taiwan dollars, and 2,400,000 New Taiwan dollars are required. After the payment is completed, your funds will be remitted to your bank before Friday. Look, today

大灰熊
2023-07-15
Exposure
The painful lesson of 50 million loss, Ridge Corporation is a big fraud group company, everyone should divest and leave immediately!

This Ridge Corporation brokerage platform, when you apply for a large amount of withdrawal, you will pay various taxes, profit tax, income tax, etc., and will not notify you all at once, and then keep paying this and that fee. It's difficult for you to not pay, and their words are nice, but after paying, you will be harvested all at once, and you will be ignored, the viciousness is serious, and heaven will not tolerate it!

大灰熊
2023-07-14
Exposure
Attention Ridge Corporation, this is a big fraud group company, if you are not a victim, please stay away as soon as possible to avoid being deceived!

Ridge Corporation, the operating platform of this brokerage, absolutely don’t believe the link URLs they provide, they are all behind scenes, and don’t increase value deposit, they provide all head accounts, after you deposit and invest, If you are transferred away immediately, you will suffer heavy losses, so stay away as soon as possible or call the police immediately! Don't hesitate... It is definitely a real scam group company!

大灰熊
2023-07-06

  

Ridge Corporation 2025 Review: Everything You Need to Know

  Ridge Corporation, a relatively new player in the forex brokerage arena, has garnered significant attention, primarily for its questionable regulatory status and user experiences. This review aims to provide a comprehensive overview of Ridge Corporation, highlighting its pros and cons, and offering insights based on various expert analyses and user feedback.

  Attention: It is crucial to note that Ridge Corporation operates in different jurisdictions, which may lead to varying degrees of risk and user experience. This review synthesizes information from multiple sources to ensure fairness and accuracy.

  

Rating Overview

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2
Additional Considerations 3

  We rate brokers based on user feedback, expert opinions, and factual data.

  

Broker Overview

  Established in 2021, Ridge Corporation is a forex broker that primarily targets the Japanese market while also claiming to operate in other regions. The broker is unregulated, which raises significant concerns about the safety and security of client funds. Ridge Corporation offers trading through the popular MetaTrader 4 (MT4) platform, allowing access to a variety of financial instruments, including 27 currency pairs. However, the lack of a valid regulatory license from recognized authorities such as the Financial Conduct Authority (FCA) or the National Futures Association (NFA) significantly undermines its credibility.

  

Detailed Breakdown

  

Regulatory Status and Geographic Coverage

  Ridge Corporation operates without any valid regulatory oversight, which is a major red flag. According to multiple sources, including WikiFX, the broker has no legitimate licenses, putting potential investors at high risk. This lack of regulation means that there is no authority to turn to in case of disputes or issues with withdrawals.

  

Deposit and Withdrawal Methods

  The broker allows deposits through various methods, including credit cards and bank transfers. However, user reports indicate that withdrawal processes can be fraught with difficulties, often leading to delays or outright refusals. Many users have expressed frustration over their inability to access their funds after making deposits, highlighting a significant concern regarding the broker's reliability.

  

Minimum Deposit and Promotions

  While the minimum deposit required to open an account with Ridge Corporation is not explicitly stated, user experiences suggest that it may be around $250. There are no notable promotions or bonuses that add value to the trading experience, which is another downside for potential clients.

  

Tradable Asset Classes

  Ridge Corporation primarily offers forex trading, focusing on 27 currency pairs. This limited range may not appeal to traders looking for diversification across various asset classes, such as commodities or indices.

  

Cost Structure

  Ridge Corporation advertises a fixed spread of 0.2 cents for the USD/JPY currency pair. However, actual spreads may vary for individual clients, and there is no guarantee regarding the spreads shown in advertisements. Additionally, there are reports of hidden fees that may not be immediately apparent to new users.

  

Leverage and Trading Platforms

  The broker offers a maximum leverage of 1:2, which is relatively low compared to industry standards. This limited leverage may restrict traders looking to maximize their potential returns. Ridge Corporation utilizes the MT4 platform, which is known for its user-friendly interface and comprehensive trading tools.

  

Restricted Regions and Customer Support Languages

  Ridge Corporation does not provide clear information on restricted regions, but the lack of regulation suggests that it may not be a safe option for traders in many jurisdictions. Customer support is reportedly lacking, with many users citing long response times and ineffective assistance when issues arise.

  

Repeated Rating Overview

Category Score (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 3
Trustworthiness 1
User Experience 2
Additional Considerations 3

  

Detailed Rating Breakdown

  

Account Conditions

  Ridge Corporation's account conditions are subpar, primarily due to its unregulated status and lack of transparency regarding account types and minimum deposits. Users have reported difficulties in accessing their accounts and withdrawing funds, leading to a score of 3.

  

Tools and Resources

  While the broker provides access to the MT4 platform, the overall lack of educational resources and trading tools limits its appeal. The score of 4 reflects the basic functionality offered but highlights the need for significant improvement.

  

Customer Service and Support

  Customer service is one of the weakest points for Ridge Corporation, with many users reporting unresponsive support channels and long wait times. This has resulted in a low score of 2, indicating a critical area for improvement.

  

Trading Setup (Experience)

  The trading experience with Ridge Corporation is hindered by its lack of regulatory oversight and transparency. Users have expressed concerns about the reliability of the platform, leading to a score of 3.

  

Trustworthiness

  Given the broker's unregulated status and numerous user complaints about withdrawal issues, its trustworthiness is alarmingly low, scoring just 1. This raises significant red flags for potential investors.

  

User Experience

  Overall user experience is marred by the broker's operational inefficiencies and lack of support. Many users have reported feeling deceived, leading to a score of 2.

  

Conclusion

  In summary, Ridge Corporation presents multiple red flags that potential traders should consider before engaging with the broker. The lack of regulation, poor customer support, and negative user experiences strongly suggest that potential investors should exercise caution. This Ridge Corporation review serves as a warning to those seeking a reliable forex trading platform. Always prioritize regulated brokers to ensure the safety of your investments.

Ridge Corporation review