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Ring Forex Broker provides real users with * positive reviews, * neutral reviews and 24 exposure review!

Ring Broker Review

1.47

WikiFX monitor

Business

Influence E

License

No license

Ring Review 24

Latest All(24) Exposure(24)
Exposure
Wrong funds sent

I ask for help, can I send my wrong balance back to my account again?

topik7125
2024-05-22
Exposure
They stole my account

When I check the account monitoring in Singapore, I check back my actual IP again. I can't withdraw money from August 27, 2021.

RFLS
2021-11-02
Exposure
ring financial is scam

ring financial same like Mexico financial.Both platforms are the same scam company

FX3539945356
2021-10-31
Exposure

They hold my money from August 27, 2021. I tried to trade on mt5 but could not withdraw. They did not provide any help. Return my money.

RFLS
2021-10-30
Exposure
They cheated investors

They updated the website but ignored the withdrawal. I did not receive any message of withdrawal from August 30, 2021 because I did not pay the tax.

RFLS
2021-10-29
Exposure
Emails were blocked

The scammer closed all the ways of visiting and took my money away.

RFLS
2021-10-28
Exposure
Ring financial limited was a scam

They had two same names and did a scam. Never trust them.

RFLS
2021-10-28
Exposure
I lost my money

I lost all my money in my wallet. They took it away. I was not sure there was money in the mt5. please return my money.

RFLS
2021-10-27

  

Ring 2025 Review: Everything You Need to Know

  In the ever-evolving landscape of home security, Ring has established itself as a prominent player with its range of smart devices, including video doorbells and security cameras. However, recent reviews indicate a concerning trend, with a significant number of users expressing dissatisfaction, particularly regarding customer service and product reliability. This review aims to distill key insights from various sources, highlighting both the strengths and weaknesses of Ring as a broker in the security market.

  Note: It is essential to recognize that the Ring brand encompasses multiple entities across different regions, which can affect user experience and service availability. This review aims for fairness and accuracy by considering the broader context of Ring's operations.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 2
Trading Setup/Experience 4
Trustworthiness 3
User Experience 4

  We rate brokers based on comprehensive user feedback and expert analysis to provide a balanced view.

  

Broker Overview

  Founded in 2013 and acquired by Amazon in 2018, Ring has become synonymous with home security solutions, particularly for its innovative video doorbell technology. The company primarily operates through its proprietary app, allowing users to monitor their homes remotely. Ring devices are designed for DIY installation and are compatible with various smart home systems. However, the lack of regulation in certain regions raises significant concerns regarding user trust and safety.

  

Detailed Analysis

  

Regulatory Landscape

  Ring operates in various geographical regions, but it is important to note that many of its products are unregulated in certain areas, which poses risks for consumers. The lack of oversight means that users may not have the same protections as they would with regulated companies, leading to potential issues with product reliability and customer service.

  

Deposit/Withdrawal Options

  Ring primarily operates in fiat currencies, with no direct cryptocurrency options mentioned in the reviews. Users typically engage with the platform through standard payment methods, including credit/debit cards and bank transfers.

  

Minimum Deposit

  While specific minimum deposit amounts are not detailed in the reviews, users often find that the cost of Ring devices can add up, especially when considering the subscription services required for full functionality.

  

Promotions and Bonuses

  Ring does not prominently feature bonuses or promotions in the reviews. Instead, the focus is on the subscription model, which is essential for accessing video recordings and other advanced features.

  

Tradable Asset Categories

  Ring's offerings primarily include video doorbells and security cameras. While these are essential for home security, they do not encompass a broad range of financial instruments typically associated with brokers.

  

Costs (Spreads, Fees, Commissions)

  Users have reported dissatisfaction with the costs associated with Ring's subscription services. Many feel that the requirement to pay for cloud storage to access recorded videos is a hidden cost that diminishes the value of the devices. As noted in various reviews, “the only purpose of a security camera is to record video,” yet users are often left without this basic functionality unless they subscribe.

  

Leverage

  The reviews do not mention leverage in the traditional trading sense, as Ring does not operate as a financial broker but rather as a provider of security devices.

  

Allowed Trading Platforms

  Ring utilizes its proprietary app for device management, which is available on both iOS and Android platforms. The app's functionality has been a point of contention among users, with many reporting issues related to connectivity and usability.

  

Restricted Regions

  While specific regions are not detailed, the unregulated nature of Ring's operations suggests that users in certain areas may face challenges regarding customer support and service reliability.

  

Available Customer Service Languages

  Customer service for Ring is available primarily in English, with many users reporting difficulties in communication due to language barriers, particularly with offshore support representatives.

  

Ratings Breakdown

  

Account Conditions

  Ring's account conditions are rated poorly, primarily due to the hidden costs associated with subscriptions for video storage. Many users feel misled about the necessity of these fees.

  

Tools and Resources

  While the Ring app offers useful features, its functionality has come under scrutiny. Users have reported frequent connectivity issues, making it difficult to access live feeds and recorded videos.

  

Customer Service and Support

  This category received the lowest rating, with numerous complaints about long wait times, unhelpful responses, and a lack of resolution for technical issues. Users have expressed frustration, stating, “If I had known that Ring customer service was so poor, I would have bought other equipment.”

  

Trading Setup/Experience

  The overall experience with Ring's devices has been mixed. While many users appreciate the initial setup, ongoing issues with device functionality have led to dissatisfaction.

  

Trustworthiness

  Given the lack of regulation and numerous complaints about customer service, the trustworthiness of Ring is in question. Many users feel that their data and privacy are at risk, especially following reports of unauthorized access to video feeds.

  

User Experience

  User experiences vary widely, with some praising the functionality of Ring devices while others express frustration over technical issues. The consensus is that while Ring offers quality products, the accompanying service often falls short.

  

Conclusion

  In summary, the Ring 2025 review reveals a company that, while initially promising in the realm of home security, faces significant challenges in customer service and trustworthiness. As users weigh the pros and cons of investing in Ring products, it is crucial to consider these factors carefully. The persistent issues highlighted in user reviews underscore the importance of thorough research before making a purchase decision.

Ring review