General Information
Ridge Is A Broker That Offers A Wide Range Of Tradable Tools Covering Markets Such As Forex, Stocks, Cryptocurrencies, Commodities, Indices And ETF CFDs. Its Platform Supports MT5 Trading Tools For Web, PC, IOS And Android Devices, Providing Traders With A Convenient Operating Experience.
Market Tools
Ridge Offers A Wide Range Of Trading Tools Including Forex, Stocks, Cryptocurrencies, Commodities, Indices And ETF CFDs.
Account Types
Ridge Offers Five Account Types: NANO, KILO, MEGA, GIGA And TERA. The Minimum Deposit For NANO, KILO And GIGA Is 10 Dollars Each. The GIGA Account Offers Up To 1:1000 Leverage, While The TERA Account Offers 1:1 Leverage, Which Is Suitable For Traders Who Prefer Low Risk.
The Specific Account Info Is As Follows:
NANO: Minimum Deposit Is 10 Dollars, Maximum Leverage Is 1:400, Average Spread EURUSD Is 0.00003, Commission Is 6 Dollars/lot.
KILO: Minimum Deposit Is 10 Dollars, Maximum Leverage Is 1:400, Average Spread EURUSD Is 0.00013, Commission Is 6 Dollars/lot (minimum Stock CFD Is 6 Dollars).
MEGA: Minimum Deposit Of 10 Dollars, Maximum Leverage Of 1:1000, Average Spread EURUSD Of 0.0002, Commission Of 6 Dollars/lot (minimum 8 Dollars For Stock CFD).
GIGA: Minimum Deposit Of 10 Dollars, Maximum Leverage Of 1:400, Average Spread EURUSD Of 0.00003, Commission Of 6 Dollars/lot (minimum 6 Dollars For Stock CFD).
TERA: No Minimum Deposit Information Is Provided, Maximum Leverage Of 1:1, Average Spread Unannounced, Commission From 1.5 Dollars.
Islamic Accounts Are Supported For All Five Accounts, Except TERA Accounts.
Fees And Leverage
Ridge Has A Minimum Average Spread Of 0.00002 (except For TERA Accounts), And Commissions Are Generally 0 (except For Some Accounts). The Maximum Leverage Ratio Is 1:1000, Which Means That Traders' Profits And Potential Losses Will Be Magnified By 1000 Times.
Deposits And Withdrawals
Ridge Has A Minimum Deposit Of 10 Dollars (except For TERA Accounts), But It Has Some Disputes In Terms Of Withdrawals, Such As User Feedback On Withdrawal Difficulties. Specific Deposit And Withdrawal Information Is Not Yet Clear.
Trading Platform
Ridge Has An Authoritative MT5 Trading Platform, Including Different Versions Such As Web, PC, IOS And Android.
Customer Support
Traders Can Contact Ridge's Customer Support Team By Phone And Email. The Support Language Is English. However, The Specific Customer Support Schedule Has Not Been Announced.
Legality And Risks
Ridge Is Not Regulated By Any Regulatory Body, Which Makes It Risky In Terms Of Security, Especially In Terms Of Fund Security And Dispute Resolution. Therefore, Traders Who Choose Ridge Need To Carefully Evaluate The Risks.
Summary
Ridge Offers A Variety Of Trading Tools And Flexible Account Options, Making It Particularly Suitable For Investors Who Wish To Trade With High Leverage. However, Due To Its Unregulated Status And Negative Reviews Related To Withdrawals, Traders Need To Weigh Its Advantages And Disadvantages When Choosing.
