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THE RIDGE -

Score

1.48 /10
Danger

THE RIDGE

Ukraine

2-5 years

Suspicious Regulatory License

Australia Common Business Registration Revoked

Suspicious Overrun

High potential risk

http://www.ridgeltd.com

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Comparison

Quantity 8

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

THE RIDGE

Company Abbreviation

THE RIDGE

Platform registered country and region

Ukraine

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 5
Previous Detection : 2024-11-11
  • 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

Exposure

8 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

It's been so long since the position was locked

Is it normal?

2021-02-20 20:41
Unable to Withdraw

Unable to withdraw

Now, they just closed the data furtively and nothing is left. Completely a fraud platform.

2021-11-26 11:16
Unable to Withdraw

Vision is unable to withdraw

It is no longer availiable to withdraw funds. This is the latest notice from the official website.

2021-11-18 13:06
Unable to Withdraw

Unable to withdraw

It was said that the third party was reviewing it and did not answer about it. Unable to withdraw. What can I do?

2021-11-02 19:28
Others

Fake License

The status of THE RIDGE’s license is pending which means it isn’t regulated by NFA

2021-02-23 15:07
Unable to Withdraw

The dashboard has been completely stopped and the data of deposits are not displayed in Chinese region now.

Various reasons that not allowing to withdraw. While the MT5 does not have any company data now.

2021-11-26 10:52
Unable to Withdraw

Fraud forex

VP Private Wealth clone company set a romance scam. They had been closed platform and absconded with money

2021-12-01 07:52
Unable to Withdraw

The platform refused to withdraw and abscond with funds by the excuse of domestic payment to third parties and currency exchanges

The platform refused to withdraw and abscond with funds by the excuse of domestic payment to third parties and currency exchanges. Some investors do not listen to advice and continue to be addicted in this. They prefer to believe in Varengold;s lies! I suggest that investors should report to the police as soon as possible.

2021-11-18 22:03
    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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    User comment

    3

    Comments

    Write a review

    车行天下
    more than one year
    Realmente no quiero revivir mi miserable experiencia. ¡Me han estafado casi $10,000! Esta empresa es una completa mentirosa. También puede ver en este sitio web que todavía hay muchas víctimas.
    Realmente no quiero revivir mi miserable experiencia. ¡Me han estafado casi $10,000! Esta empresa es una completa mentirosa. También puede ver en este sitio web que todavía hay muchas víctimas.
    Translate to English
    2022-12-01 15:41
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    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.
    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.
    Translate to English
    2022-11-28 18:31
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