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The WikiFX Score of this broker is reduced because of too many complaints!

THE RIDGE

Ukraine|2-5 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 full license|Regional Brokers|Australia Common Business Registration Revoked|Suspicious Overrun|High potential risk|

http://www.ridgeltd.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
RidgeCorp2-Live MT4
Server Location United States

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!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

+38044 490 12 20

Broker Information

More

Company Name

THE RIDGE

Company Abbreviation

THE RIDGE

Platform registered country and region

Ukraine

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 6
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    THE RIDGE · 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.

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    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

    User Reviews

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    3

    Comments

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    车行天下
    more than one year
    I really don't want to relive my miserable experience. I have been ripped off almost $10,000! This company is a complete liar. You can also see on this website that there are still many victims.
    2022-12-01 15:41
    Reply
    0
    0
    FX1057771942
    more than one year
    THE RIDGE IS A SCAM!!! DON’T BE CHEATED BY THEM! They have closed their website and platform. There is no denying that they must have absconded with our deposits and profits.
    2022-11-28 18:31
    Reply
    0
    0
    右手戒指
    more than one year
    Once you made a deposit, you are so gonna jump into this broker’s traps. All they do is simply inducing you to deposit more and more. Investors’ losses are this broker’s gain. Stay clear of this platform, trust me. I used $2,250 to buy this lesson. THE RIDGE, GO TO HELL!!!
    2022-11-28 15:48
    Reply
    0
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