Ruizean Markets was founded in 2016 in Australia and is a corporate authorized representative (No. 1245241) of Ruizean Funds Management Ltd, which delegates it to provide financial services under the Australian Financial Services License Ruizean Funds Management Limited (No. 374409). Offers trading on two types of accounts over 65 Forex instruments, stocks and metals.
It is a division of the international Ruizean Group that offers various financial services. Offices are located in Sydney, Melbourne, London and Shanghai. ASIC licensed.
Fund security
Ruizean Markets holds an Australian Financial Services License (AFSL # 4384020). The company is also registered by AUSTRAC under the 2006 Anti-Money Laundering and Terrorist Financing Act.
Trading conditionsMinimum initial deposit
The minimum initial deposit required by Ruizean Markets to open an account is $ 200, which is the average for the Forex market.
Commission and spreads
The company provides two types of accounts: Standard and Pro. No commission is charged for transactions made on standard accounts. The commission on Pro accounts is $ 3.5 per lot for each currency pair for foreign exchange transactions. There is no commission charged when trading metals and CFDs. A demo account is also available.
Spreads on standard accounts - from 1.8 pips, on Pro accounts - from 0.1 pips.
Leverage
The maximum leverage provided by Ruizean Markets is 1: 400.
Trading platform
Ruizean Markets offers its clients the industry standard MetaTrader4 platform, and a mobile version of the platform is also available. MT4 provides a wide range of tools and functions necessary for a trader: a number of technical indicators, an advanced charting package, a wide range of Expert Advisors (EAs).
Payment methods
Ruizean Markets clients are offered the only payment methods - bank transfers. The allowed currency for deposits and withdrawals is only AUD and USD.
Bonuses
The company does not offer bonuses.
Criticism of traders
There are very few reviews about this company on the network. Moreover, the company does not promote itself on the Internet, since the corresponding request gives out completely different brokers.
Among other things, when you independently study the Ruizean site, you have to "sweat", since the resource pages lead to many divisions of the general Ruizean group, while they concern insurance, and mortgage lending, and much more.
Pros:
regulated in Australia; MT4 is available; is part of an international group of companies offering credit, insurance, etc .; a wide range of trading instruments (CFDs on commodities, indices and precious metals).
Minuses:
lack of bonuses; lack of a sufficient number of payment methods; difficulties in finding information on the Ruizean website.
FAQ - BROKER QUESTIONS RUIZEANMARKETS
- Do trader reviews affect the rating of RUIZEANMARKETS?
- How to leave a review about RUIZEANMARKETS on the ita.promo website?
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- Can the broker RUIZEANMARKETS be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. RUIZEANMARKETS received a rating of 1 out of 5 on our resource.
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