Basic Information
Registered Region 
Ukraine
UkraineOperating Period
5-10 years
Company Name
THE RIDGE
Customer Service Email Address
support@ridgeltd.com
Contact Number
+38044 490 12 20
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
THE RIDGE
Ukraine
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
Australia Common Business Registration Revoked
|
Suspicious Overrun
|
High potential risk
http://www.ridgeltd.com/
Website
Rating Index
Contact
+38044 490 12 20
support@ridgeltd.com
http://www.ridgeltd.com/
42-44 Shovkovychna St., 3rd floor, Kyiv, Kyiv City, 02000
The WikiFX Score of this broker is reduced because of too many complaints!
LicensesLicensed Entity：RIDGE CORPORATION PTY LTD
License No. 622 971 840
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
5
8
Website
Company Summary
Comment
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Website
ridgeltd.com
172.67.184.203Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
General Information & Regulation
Founded in 2008, THE RIDGE sets its headquarter, operations, and customer service offices located in Ukraine. THE RIDGE is not subject to any valid regulation at this stage.
Market Instruments
THE RIDGE provides investors with financial products such as foreign exchange currency pairs, stocks, indices, precious metals, energy, and cryptocurrencies.
Minimum Deposit
THE RIDGE provides traders with two types of trading accounts to meet the needs of different traders, namely standard accounts and ECN accounts. The minimum initial deposit for a Standard account is $10, and the minimum initial deposit for an ECN account is $100.
THE RIDGE Leverage
In terms of trading leverage, The RIDGE offers the maximum leverage of up to 1:100. This seems the conservative leverage, however, still enough to accomodate even more agressive trading strategy.
Spreads & Commissions
As for spreads, two trading accounts offer different spread conditions. The standard account offers the floating spreads based on 1.0 pip fixed spreads. The ECN account offers the spreads of 0.1 pips plus floating.
Trading Platforms
THE RIDGE RIDGE provides traders with two of the most popular trading platforms on the market today, the MT4 trading platform and the MT5 trading platform. MT5 has a user-friendly interface, customizable templates that encourage traders to use and develop smart trading, news feeds that go directly to the trading platform, the ability to view historical orders, and support for the web, Android phone, and Apple phone terminals. The RIDGE MT5 platform has all the best features of MT4 and has been adapted to suit the needs of RIDGE clients who want to master the market. MT5 has many advantages such as 21 different time frames, over 80 technical indicators, one-click trading, hedging allowed, etc.
Deposit & Withdrawal
Traders can make deposits to their THE RIDGE RIDGE account via wire transfer, USDT, and payment gateway. The minimum and maximum deposit and withdrawal amounts are based on the amount set by the system, and the fees charged will depend on the deposit and withdrawal channel used.
THE RIDGE Pros & Cons
THE RIDGE Advantages Include:
1. Richness of trading assets
2. Low initial deposit requirements
3. MT4 & MT5 trading platforms
THE RIDGE Disadvantages Include:
1. More confusing regulatory information
2. Fewer ways to fund
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Australia Common Business Registration Revoked
- Suspicious Overrun
- High potential risk
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苗苗25334
Hong Kong
VP Private Wealth clone company set a romance scam. They had been closed platform and absconded with money
Exposure
一点一滴方为成功
Hong Kong
Now, they just closed the data furtively and nothing is left. Completely a fraud platform.
Exposure
一点一滴方为成功
Hong Kong
Various reasons that not allowing to withdraw. While the MT5 does not have any company data now.
Exposure
JM-Jet
Hong Kong
The platform refused to withdraw and abscond with funds by the excuse of domestic payment to third parties and currency exchanges. Some investors do not listen to advice and continue to be addicted in this. They prefer to believe in Varengold;s lies! I suggest that investors should report to the police as soon as possible.
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阿白99954
Hong Kong
It is no longer availiable to withdraw funds. This is the latest notice from the official website.
Exposure
.59359
Hong Kong
It was said that the third party was reviewing it and did not answer about it. Unable to withdraw. What can I do?
Exposure
Hong Kong
The status of THE RIDGE’s license is pending which means it isn’t regulated by NFA
Exposure
Hong Kong
Is it normal?
Exposure