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First Ratio Limited

Hong Kong|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|


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+66 0830087826
11th Floor, Room 32, Lee Ka Industrial Building, 8 Wu Fong Street, San Po Kong, Kowloon, Hong Kong


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Warning: Low score, please stay away! 3
Previous Detection : 2023-12-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0555300) claimed by this broker is suspected to be clone. Please be aware of the risk!

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First Ratio Limited · Company Summary

Information Details
Company Name First Ratio Limited
Registered Country/Region Hong Kong
Founded in 1-2 years
Regulation Unregulated
Tradable Instruments Forex, crude oil, precious metals, and indices
Trading Platforms MetaTrader5
Minimum Deposit $1000
Maximum Leverage 1:400
Education Frequently Asked questions
Customer Support Live chat, phone, email

Overview of First Ratio Limited

First Ratio Limited is a forex broker based in Hong Kong without any regulation. The company offers a variety of trading instruments, including forex, crude oil, precious metals, and indices. They use the popular MetaTrader5 platform, which provides traders with advanced tools for technical analysis and automated trading. However, traders should note that there is a high minimum deposit requirement of $1000 and a high leverage ratio of 1:400. Additionally, educational resources and customer support may be limited. Overall, investors should carefully consider their needs and preferences before choosing First Ratio Limited as their broker.


Is First Ratio Limited legit or a scam?

First Ratio Limited claims to be regulated by the National Futures Association (NFA) under regulatory number 0555300. However, this license is a clone one, which means this broker is operating without any regulation at all. NFA is a self-regulatory organization for the futures industry in the United States. The NFA works to protect investors by enforcing rules and regulations, conducting audits, and promoting ethical standards. Anyway, traders should be aware of the risk of trading with an unregulated broker.


Pros and Cons

First Ratio Limited has several advantages that make it a reputable broker for traders. Firstly, it offers convenient deposit and withdrawal options through various channels. Secondly, it has a professional customer service team that provides support to assist traders with their inquiries and issues. Thirdly, it has a wide range of financial trading products, including forex, commodities, and indices, providing extensive options to suit investors' needs. Lastly, its trading platform, the MetaTrader5, is stable, allowing traders to trade with confidence.

On the other hand, First Ratio Limited has some potential drawbacks that may concern traders. Firstly, its lack of regulation raise great concerns. Secondly, its minimum deposit is significantly high, with a requirement of $1000, which may limit accessibility and inclusivity, particularly for new and small traders. Thirdly, it offers a high leverage ratio of 1:400, which can amplify profits but also comes with increased risk. Fourthly, it provides limited educational resources, which may be insufficient for traders seeking guidance and advice to improve their skills. Lastly, it has limited customer support channels, with phone and email support as the only means of communication, which may be inadequate for traders with urgent inquiries or issues.

Pros Cons
  • Convenient Deposit and Withdrawal
  • Minimum Deposit of $1000 is Considerably High
  • Professional Customer Service Team
  • High Leverage Ratio Comes with Increased Risk
  • Fund Security
  • Limited Educational Resources
  • Rich Trading Products
  • Limited Customer Support Channels
  • MT5 trading platform
  • Not regulated at all

Market Instruments

First Ratio Limited offers a range of products for trading, including foreign exchange, crude oil, precious metals, and indices.

1. Foreign Exchange: First Ratio Limited allows traders to participate in the foreign exchange market, which involves the buying and selling of different currencies. Traders can take advantage of the fluctuations in exchange rates between various currency pairs, such as EUR/USD or GBP/JPY.

2. Crude Oil: Trading crude oil with First Ratio Limited enables investors to speculate on the price movements of this valuable commodity. Crude oil is a highly traded asset, and its prices can be influenced by factors such as supply and demand dynamics, geopolitical events, and economic indicators.

3. Precious Metals: First Ratio Limited provides opportunities to trade precious metals, including gold, silver, platinum, and palladium. Precious metals are often viewed as safe-haven assets and can serve as a hedge against inflation or economic uncertainty. Traders can take positions based on their expectations of price movements in these markets.

4. Index: First Ratio Limited offers trading on various indices, which represent a basket of stocks or other financial instruments that track the performance of a specific market or sector. Traders can speculate on the overall direction of an index, such as the S&P 500 or the FTSE 100, without having to trade individual stocks.


How to Open an Account?

To open an account with First Ratio Limited, please follow the steps below:

1. Visit the official website of First Ratio Limited at

2. Click on the “Register” button, usually located prominently on the homepage.


3. You will be directed to the account registration page. Fill in the required information accurately and completely. This may include personal details such as your name, email address, contact number, and residential address.


4. Choose the type of account you wish to open. First Ratio Limited may offer different account options tailored to various trading needs, such as a standard account or an ECN account.

5. Agree to the terms and conditions of the company. Then Complete the verification process. This typically involves providing necessary identification documents to verify your identity and comply with regulatory requirements. The specific documents required may vary depending on your jurisdiction and the regulations in place.

6. Proceed to fund your trading account. First Ratio Limited usually provides multiple deposit methods, such as bank transfers, credit/debit cards, or e-wallets.

7. After funding your account, you can download and install the trading platform provided by First Ratio Limited.

8. Log in to your trading account using the provided credentials and start exploring the platform.

Minimum Deposit

First Ratio Limited has a minimum deposit requirement of $1000, which is considerably high compared to other brokers. This high minimum deposit may present a barrier for small investors or those who are new to trading. Additionally, it raises concerns about the accessibility and inclusivity of the broker, as it may limit the range of traders who can access their services. While a high minimum deposit can also be seen as a measure to ensure that only serious traders open accounts, it may also indicate that the broker is targeting a high net worth or professional clientele, rather than catering to a broader range of traders.


First Ratio Limited offers a high leverage of 1:400. This means that for every unit of capital you invest, you can control 400 units of trading volume. High leverage ratios like this allow traders to potentially amplify their profits, as even small market movements can result in significant gains. However, it's important to note that high leverage also comes with increased risk.

Trading Platform

First Ratio Limited offers the MetaTrader5 trading platform, which is available in different versions including MT5 for iPhone, MT5 for Android, and MT5 for PC. MetaTrader5 is widely recognized as one of the most popular forex trading platforms, providing traders with access to powerful and convenient technical analysis and trading tools.


Key features of the platform:

Powerful Technical Analysis: MetaTrader5 offers advanced technical analysis tools, allowing traders to analyze market trends, identify trading opportunities, and make informed trading decisions.

Automated Trading Capabilities: The platform supports automated trading through Expert Advisors (EAs), enabling traders to automate their trading strategies and execute trades based on predefined rules.

User-Friendly Interface: MetaTrader5 features a user-friendly interface that allows traders to easily manage their orders, trades, and account details. It provides a seamless and intuitive trading experience.

Mobile Trading: With the mobile applications available for iPhone and Android, traders can access their accounts, monitor the markets, and execute trades from anywhere at any time.

Real-Time Quotes and Charts: The platform provides real-time quotes and interactive charts, allowing traders to track price movements, analyze market data, and make timely trading decisions.

Account Management: Traders can view their account details, track their performance, and manage their positions and orders efficiently through the platform.

Extensive Asset Coverage: MetaTrader5 supports trading in a wide range of financial instruments, including forex, stocks, commodities, and cryptocurrencies.

Educational Resources

It provides frequently Asked questions (FAQs), including trading guides, trading questions, and other sections to answer questions for traders at all levels.


Customer Support

First Ratio Limited provides phone and email support as a means of customer support, and on its official website, it also prominently notes that customer support is available 24/7 to answer customers' questions and questions in a timely manner.

Global Customer Service Line: We provide a dedicated global customer service line to assist you with any inquiries or concerns you may have. Please feel free to contact us at the following number: +66 0830087826.

Email Support: For further assistance or if you prefer to communicate via email, you can reach us at Our customer support team is ready to address your questions and provide timely responses.

Company Registered Address:

11th Floor, Room 32, Lee Ka Industrial Building, 8 Wu Fong Street, San Po Kong, Kowloon, Hong Kong.

Company Office Address:

228/74, The Ricco Town Watcharapol, Ruam Mit Phattama Road, Tha Raeng Sub-district, Bang Khen District, Bangkok, 10220, Thailand.



First Ratio Limited is a forex broker registered in Hong Kong and founded within the past year or two. The company is regulated by the National Futures Association and offers a wide range of tradable instruments, including forex, crude oil, precious metals, and indices. The trading platform provided by First Ratio Limited is the widely recognized MetaTrader5, which provides traders with advanced technical analysis tools and automated trading capabilities.

While First Ratio Limited has several advantages, such as a secure trading environment and a variety of tradable instruments, there are also some potential drawbacks to consider. The minimum deposit requirement of $1000 may be a challenge for small and new traders, and the high leverage ratio offered may increase risk. Additionally, educational resources are limited, and customer support is primarily provided through live chat, phone, and email. Traders should carefully consider their individual needs and preferences before choosing First Ratio Limited as their broker.


Q: Is First Ratio Limited a regulated broker?

A: Yes, First Ratio Limited is not regulated currently.

Q: What is the minimum deposit for an account with First Ratio Limited?

A: The minimum deposit required by First Ratio Limited is $1000, which may be a challenge for small and new traders.

Q: What trading platform does First Ratio Limited use?

A: First Ratio Limited uses the MetaTrader5 trading platform, which provides traders with advanced technical analysis tools and automated trading capabilities.

Q: What kind of customer support does First Ratio Limited provide?

A: First Ratio Limited provides customer support through live chat, phone, and email. However, it's important to note that there may be limitations on the availability and response time of these channels.

Q: Does First Ratio Limited offer educational resources?

A: Yes, First Ratio Limited provides educational resources such as FAQs, trading guides, and a trading questions section on their website.

Broker Information

Company Name

First Ratio Limited

Company Abbreviation

First Ratio Limited

Regulatory Status

Suspicious Clone

Platform registered country and region

Hong Kong

Phone of the company
  • +66 0830087826









Company address
  • 11th Floor, Room 32, Lee Ka Industrial Building, 8 Wu Fong Street, San Po Kong, Kowloon, Hong Kong









Customer Service Email Address

Company Summary

User Reviews

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Felicity Lorelei St. James
more than one year
I had a disappointing experience with First Ratio Limited. The lack of regulation is a major concern, casting doubt on the broker's credibility. The minimum deposit requirement of $1000 is excessively high, limiting accessibility for small traders. The offered leverage ratio of 1:400 poses significant risks, especially for inexperienced traders. Educational resources are minimal, and customer support channels are limited to phone and email, which may not be sufficient for urgent issues.
2023-12-06 14:00
I was very suspicious about First Ratio in the beginning. My partners told that this is 100% scam because if you deposit with crypto, there is not their wallet/wallets on the website, but give you on Whatsapp number (BTW, when you add WA number, it doesn't show First Ratio, but Metatrader 5, so one can think that is comunicating with Metatrader 5, and not with First Ratio). Anyway, I decided to risk 100 USDT, although I did not expect that will show on my account. For a positive surprise, they showed. I tried trading by a signals that I have received for free from a girl/lady I never met, but was my internet contact. To be true, her signals were ABSOLUTELLY positive 5 times on demo (from 10.000 to 28.000 in two weeks), and on real account from 100 to 640 with two trades. But, then came the scam. She gave me PROBABLY a bad signal, with big LOT of 1, and the account went to 0 (zero) which is acceptable to me, but it is not acceptable that the last trade was 5.240 USD in minus, so my account is now -4.599 USD, which is totally unacceptable for me. I can accept to lose my money that I deposited and earned, but nothing over that. First Ratio is threating me with layers, but I am consulting my layer, too.This way First Ratio can make one's account to minus 100.000 USD, 500.000 USD, 1.000.000 USD, 10.000.000 USD, and ask with layers of someone to pay. That is COMPLETELY UNACCEPTBLE ! ! ! STAY AWAY FROM ! ! !
2023-06-26 19:33
Jack jun
more than one year
So, I tried trading with First Ratio Limited, and let me tell ya, it was a mixed bag. The platform was solid, using MetaTrader5 and all, but the minimum deposit was steep, and the leverage was a bit too risky for my liking. Support was decent, but the educational resources were lacking. It's like a roller coaster ride, you win some and you lose some, ya know? Do your homework before jumpin' in with these guys.
2023-06-19 16:00
more than one year
The main reason why I would not choose First Ratio Limited is that it has only been established for less than a year. I think it is safe to choose those that have been established for a long time when choosing a foreign exchange broker. After all, many companies simply cannot survive the first two years.
2023-03-15 16:39
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