RubyMarkets

General Information

Registered in the United Kingdom, RubyMarkets is an online forex broker offering diversified range of trading instruments, including Forex, Stocks, Commodities, Indices, and through the leading MT4 trading platform.

RubyMarkets is not authorized or regulated by any regulatory authorities to conduct forex and CFD trading services. please be aware of the risk involved.

Market Instruments

RubyMarkets says it provides its clients easy access to a series of trading instruments, including Foreign Exchange, Precious Metals, Commodities, Stocks, Cryptocurrencies, Indices.

Account Types

RubyMarkets appears to offers its clients three trading accounts, namely Standard, Premium, and VIP accounts. To open a Standard account, an acceptable minimum deposit of $100 is required. While the minimum deposit for the other two accounts are not disclosed.

How to open an account with Ruby Markets？

Both live and demo account can be opened easily with the platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below:

1. Click on the “Register Live” link on the homepage of the RubyMarkets website.

2. Fill in some required details and upload your personal document for verification.

3. After approval, your account will be registered successfully.

4. Fund your account and start to trade on this platform.

Spreads & Commissions

RubyMarkets hypes that it offers competitive spreads. However, it does not specify spreads on particular instruments.

Leverage

When it comes to leverage, RubyMarkets permits traders to use leverage of up to 1:300, which is significantly higher than the levels regarded appropriate by many regulators.

Bear in mind that high leverage is not necessarily the good thing, as it can magnify gains as well as losses.

Trading Platform

RubyMarkets offers its clients the access to popular MT4 trading platform that can be available for Desktop, Mobile and Web terminals.

Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.

Demo Accounts Available

RubyMarkets allow traders to use a demo account funded with $10,000 virtual money for them to get a feel of this platform, and practice their trading skills.

Trading Tools

Aside from the MT5 trading platform, RubyMarkets also offers some trading tools, which include Economic Calendar, Widgets, Education, Forex Calculator Market News.

Payment Methods

RubyMarkets allows clients to make a deposit through Credit Cards, Online Payment, Wire Transfer, ChinaUnioPay. If you make a deposit via credit card, PSP, the credited amount will be shown instantly. Deposits made through VISA, MasterCard, JCB charge a fee of 4.00%.

Concerning withdrawal, the minimum amount to withdraw for wire transfer would be 10 USD. The maximum amount that you can withdraw is limited to the amount of funds you have within your account.

Please note that withdrawals can only be done through wire transfer. The withdrawal amount will take about 2 to 3 business days to processed. Withdrawals done by Tether are subject to a fee of 1.00%+USDT TRC20, 1.00% OR 5500.00 VND through PayBnB.

Customer Support

The RubyMarkets website is available in multiple languages: English, Chinese, Vietnamese, Malay. Traders can reach out to this broker about any questions or concerns they may have about their accounts or their trading through the following methods:

A Contact Form

Email: support@RubyMarkets.com

Registered Company Address: Kemp House, 152 - 160 City Road, London, EC1V 2NX

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.