Abstract:Ruiz Capital FX is a brokerage firm that was founded in 2011 in China. It offers various market instruments such as stocks, futures, crude oil, gold, Bitcoin, and currencies. The company claims to provide some protection measures, however, Ruiz Capital FX is an unregulated broker. Ruiz Capital FX offers two types of accounts: FX6 accounts and demo accounts. The FX6 trading platform is the platform that they provide for trading.
Ruiz Capital FX Review Summary | |
Founded | 2011 |
Registered Country/Region | China |
Regulation | Unregulated |
Market Instruments | Stocks, futures, crude oil, gold, Bitcoin, currencies, etc |
Demo Account | Available |
Leverage | 1:100-1:500 |
EUR/ USD Spread | 0.0 pip |
Trading Platforms | the FX6 trading platform |
Minimum Deposit | N/A |
Customer Support |
Ruiz Capital FX is a brokerage firm that was founded in 2011 in China. It offers various market instruments such as stocks, futures, crude oil, gold, Bitcoin, and currencies. The company claims to provide some protection measures, however, Ruiz Capital FX is an unregulated broker. Ruiz Capital FX offers two types of accounts: FX6 accounts and demo accounts. The FX6 trading platform is the platform that they provide for trading.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
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- Competitive spreads: Ruiz Capital FX offers competitive spreads from 0.0 pips, which can potentially provide traders with better trading conditions.
- Range of trading instruments: The brokerage firm offers a wide range of trading instruments, including stocks, futures, crude oil, gold, Bitcoin, and currencies. This allows traders to diversify their portfolios and explore different market opportunities.
- Demo accounts available: Ruiz Capital FX provides demo accounts, which can be beneficial for novice traders who want to practice and familiarize themselves with the trading platform before risking real money.
- Not regulated: One of the major drawbacks of Ruiz Capital FX is that it is not regulated. This lack of regulation means that there is no overseeing authority ensuring the broker's compliance with industry standards and protecting the interests of traders.
- Unclear trading conditions: The information provided about minimum deposits, funding methods, and commission charges is unclear. This lack of transparency can make it difficult for potential clients to assess the costs and requirements associated with trading with the broker.
- Limited communication channels: Ruiz Capital FX only offers email as a means of customer support. This limited communication channel may be frustrating for traders who require immediate assistance or prefer more direct and accessible support options.
Ruiz Capital FX claims to offer some protection measures such as segregation of accounts and operating under U.S. financial institutions. They also mention the Investment Compensation Fund (ICF) that would compensate clients in the event of bankruptcy or failure to meet commitments.
However, Ruiz Capital FX does not have valid regulation. Having valid regulation is an important factor in determining the safety of a financial institution. Without proper regulation, there may be a higher risk of potential scams or fraudulent activities. It is recommended to exercise caution when dealing with financial institutions that are not regulated, as there may be limited legal protections for clients in case of any issues or disputes.
Ruiz Capital FX provides a diverse trading instruments across various asset classes.
- Stocks: Trading stocks allows investors to buy and sell shares of publicly traded companies. The stock market offers opportunities to profit from price fluctuations and dividends.
- Futures: Futures contracts are agreements to buy or sell an asset (such as commodities, currencies, or indices) at a predetermined price and date in the future. They enable traders to speculate on the price movement of the underlying asset.
- Crude Oil: Trading crude oil involves speculating on the price of this popular energy commodity. As one of the most actively traded commodities, it offers potential opportunities for profit in response to supply and demand dynamics, geopolitical factors, and economic indicators.
- Gold: Gold trading involves speculating on the price of this precious metal. Gold is often seen as a safe-haven asset during times of economic uncertainty, making it an appealing option for diversification and hedging against inflation.
- Bitcoin: As a leading cryptocurrency, Bitcoin trading involves speculating on its price movement against fiat currencies, such as the US Dollar or Euro. Cryptocurrency markets can be highly volatile, creating potential opportunities for profit.
- Currencies: Also known as forex or foreign exchange, currency trading involves buying and selling different national currencies. Traders often engage in forex to profit from fluctuations in exchange rates between currency pairs.
Ruiz Capital FX offers two types of accounts: FX6 accounts and demo accounts.
FX6 Accounts:
- FX6 accounts are real trading accounts that allow clients to trade with real money in the forex (FX) market.
- These accounts provide access to the FX6 trading platform, which is renowned for its advanced features, user-friendly interface, and robust security.
- Traders can open FX6 accounts with Ruiz Capital FX by completing a registration process, providing the necessary personal and financial information, and meeting any required eligibility criteria.
Demo Accounts:
- Demo accounts are virtual accounts provided by Ruiz Capital FX for practice trading purposes.
- These accounts allow traders to learn how to use the FX6 platform, test trading strategies, and gain experience in a risk-free environment.
- Demo accounts simulate real market conditions, providing traders with access to real-time pricing and market data.
- Traders can place virtual trades using demo funds, which do not involve real money.
- Demo accounts offer all the features and functionalities available in FX6 accounts, giving traders a realistic trading experience.
To open an account with Ruiz Capital FX, please follow these steps:
- Visit the Ruiz Capital FX website and locate and click on the “Register” button.
or directly click: https://www.ruizfx.cc/h5/#/pages/user/sign_up.
- You will be directed to a registration form. Fill in the required information accurately. This usually includes providing your email address.
- An email verification code will be sent to the email address you provided during registration. Check your email inbox, including your spam or junk folder if necessary, for the verification email.
- Access the email and locate the verification code. Copy the code.
- Return to the Ruiz Capital FX website and enter the verification code into the designated field. This is typically found on the registration page or within the email verification process.
- After entering the code, click on the “Verify” or “Confirm” button to complete the verification process.
The leverage offered by Ruiz Capital FX ranges from 1:100 to 1:500. Leverage refers to the amount of borrowed funds that a trader uses to enter a position. In this case, for every dollar the trader invests, they can trade up to $500 in market value. This means that with a small amount of capital, one can make larger trades and potentially earn higher profits.
However, high leverage also comes with high risk. Traders who use high leverage have a greater potential for loss, as even small market movements can result in larger losses than the investment. Therefore, it is important for traders to choose leverage carefully depending on their risk tolerance, trading strategy, and financial situation.
Ruiz Capital FX offers competitive spreads starting from 0.0 pip, which is the difference between the bid and ask price of a currency pair. Tighter spreads can lead to lower trading costs for traders. The company utilizes advanced technology and liquidity providers to ensure that clients receive the best possible spreads.
Regarding commissions, the official website of Ruiz Capital FX does not explicitly mention any commission charges. Commission charges are usually applied in addition to the spreads, and they can vary depending on the broker and the market being traded.
Ruiz Capital FX provides its clients with the FX6 trading platform, which is renowned for being one of the world's most popular and widely used online trading platforms. The FX6 platform is designed to cater to the needs of both novice and experienced traders, offering a seamless trading experience.
Traders have access to a wide range of technical indicators, with over 50 options available. These indicators allow traders to analyze market trends, patterns, and price movements to make informed trading decisions. Additionally, the platform offers intraday analysis tools, providing real-time market insights to help traders identify potential trading opportunities.
Customers can visit their office or get in touch with customer service line using the information provided below:
Email: support@ruizfx.com
Address: 96 WADSWORTH BLVD NUM 127-3255 LAKEWOOD, CO 80226 U.S.A
Ruiz Capital FX is a brokerage firm that offers a range of trading instruments. They provide competitive spreads and offer demo accounts for traders to practice. However, there are several factors that raise concerns about the companys safety and reliability. First, Ruiz Capital FX is not regulated. Information regarding minimum deposits, funding methods, and commission charges is not readily available. Moreover, Ruiz Capital FX only offers email as a means of customer support, with no indication of other communication channels.
Considering these factors, trading with Ruiz Capital FX may carry a higher level of risk. Traders must exercise caution before considering opening an account.
Q 1: | Is Ruiz Capital FX regulated? |
A 1: | No. It has been verified that this broker currently has no valid regulation. |
Q 2: | How can I contact the customer support team at Ruiz Capital FX? |
A 2: | You can contact via email: support@ruizfx.com. |
Q 3: | Does Ruiz Capital FX offer demo accounts? |
A 3: | Yes. |
Q 4: | What platform does Ruiz Capital FX offer? |
A 4: | It offers the FX6 trading platform. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.