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Company Name
RIDGE LTD
Company Abbreviation
Ridge
Platform registered country and region
Ukraine
Company website
Company summary
Pyramid scheme complaint
Expose
| Ridge Review Summary | |
| Founded | 2006-04-18 |
| Registered Country/Region | Ukraine |
| Regulation | Unregulated |
| Market Instruments | Forex, Shares, Cryptocurrencies, Commodities, Indices, and ETF CFDs |
| Demo Account | Not mentioned |
| Leverage | Up to 1:1000 |
| Minimum Average Spread | 0.00002 pips |
| Trading Platform | MT5(Web, PC, iOS and Android) |
| Min Deposit | $10 |
| Customer Support | Phone: +380665752192Email: support@ridgecorp.com.ua |
Ridge Information
Ridge is a broker providing various tradable instruments, including forex, shares, cryptocurrencies, commodities, indices, and ETF CFDs. Ridge has different account types with a maximum leverage of 1:1000, such as NANO, KILO, MEGA, GIGA, and TERA. The minimum average spread is 0.00002 pips and the minimum deposit is $10. Ridger is still risky due to its unregulated status, high leverage, and bad reviews about difficulty withdrawing money.
Pros and Cons
| Pros | Cons |
| Various tradable instruments: forex, shares, cryptocurrencies, etc. | Unregulated |
| MT5 available | Withdrawal information missing |
| Leverage up to 1:1000 | Bad reviews about difficulty withdrawing money |
| Islamic account available |
Is Ridge Legit?
Ridge is not regulated, which makes it less safe than regulated brokers.
What Can I Trade on Ridge?
Ridge provides various trading instruments, including forex, shares, cryptocurrencies, commodities, indices, and ETF CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| indices | ✔ |
| ETF CFDs | ✔ |
Account Type
The five account types are NANO, KILO, MEGA, GIGA, and TERA. NANO, KILO, and GIGA have a minimum deposit of $10 and a leverage of 1:400. Traders who want a maximum leverage of 1:1000 can open a NANO account and, on the contrary, choose the TERA account with 1:1 leverage.
| Account Type | NANO | KILO | MEGA | GIGA | TERA |
| Minimum Deposit | $10 | $10 | $10 | $10 | n/a |
| Platforms | MT5 | MT5 | MT5 | MT5 | MT5 |
| Average Spread EURUSD | 0.00003 | 0.00013 | 0.0002 | 0.00003 | n/a |
| Leverage Up To | 1:400 | 1:400 | 1:1000 | 1:400 | 1:1 |
| Commissions | $6 | ❌ | ❌ | $6/lot | From $1.5 |
| Commissions of StockCFDS | $0.04/CFD(min $6) | $0.04/CFD(min $6) | $0.04/CFD(min $8) | $0.04/CFD(min $6) | n/a |
| Islamic Account | ✔ | ✔ | ✔ | ✔ | ❌ |
Ridge Fees
The minimum average spread is from 0.00002(except TERA), and the commission is from 0.
Leverage
The maximum leverage is 1:1000, which means that profits and losses are magnified 1000 times.
Trading Platform
Ridge has an authoritative MT5 trading platform with different versions, including Web, PC, iOS, and Android.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Web, PC, iOS, and Android |
Deposit and Withdrawal
The minimum deposit is $10(except TERA account).
Customer Support Options
Traders can communicate via phone and email. However, specific customer support schedules are unclear.
| Contact Options | Details |
| Phone | +380665752192 |
| support@ridgecorp.com.ua | |
| Supported Language | English |
| Website Language | English |
| Physical Address | 22 Ribalska str. Kyiv 01011Ukraine. Ridge Corporation LLC |
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