Score

1.45 /10
Danger

Rubik Trade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.57

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Rubik Trade · Company summary
Rubik Trade Basic information
Registered country/region United Kingdom
Regulation N / A
tradable assets Forex, Metals, Energies and Cryptocurrencies
Account Types Real Account and Demo Account
minimum deposit N / A
Maximum Leverage N / A
minimum spread N / A
deposit and withdrawal Credit/debit cards, e-wallets, bank transfer, cryptocurrencies
trading platforms Rubik Tradebusiness platform
Customer Support Phone, email, live chat
Educational resources N / A

overview of Rubik Trade

Rubik Tradeis a UK registered trading platform. It caters to a wide range of traders and offers services in various financial markets, including forex, stocks, indices, and commodities. Rubik Trade provides different types of accounts such as live accounts for real money trading and demo accounts for practicing trading. while specific details on leverage, spreads and commissions are not available on their website, Rubik Trade ensures a user-friendly trading experience through its advanced trading platform. Traders can access real-time market data, use advanced charting tools, and choose from a variety of order types. with Rubik Trade , traders can navigate the financial markets with confidence and make informed trading decisions.

basic-info

is Rubik Trade legit or a scam?

OLYMPTRADE is a UK registered trading platform, but operates without being subject to the regulation of any reputable financial institution. It is crucial to be careful when dealing with unregulated brokers, as the absence of oversight by regulatory authorities poses greater risks. The lack of supervision means that there are no guarantees of fair practices or the protection of client funds. Traders should be aware of these risks and conduct extensive research and due diligence before considering opening an account with an unregulated broker. Taking the time to gather information and assess the credibility of the broker is essential to safeguard the investment and ensure a safe trading environment.

Market Instruments

Rubik Tradeoffers a wide range of market instruments, giving traders various opportunities to participate in different financial markets. These are the main market instruments available:

  1. currency pairs: Rubik Trade allows traders to participate in the dynamic forex market. They offer a wide selection of currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs. Traders can speculate on price movements between different currencies and take advantage of the volatility and liquidity in the forex market.

  2. company actions: Rubik Trade provides access to the stock market, allowing traders to invest in shares of individual companies. They offer a wide range of shares of companies from various sectors and global markets. Traders can take positions in popular stocks like Apple, Amazon, Microsoft, and Google, capitalizing on the price movements of these companies.

  3. indices: Rubik Trade offers trading opportunities on major global stock indices. Traders can speculate on the overall performance of a specific stock market instead of trading individual stocks. Popular indices available for trading include the S&P 500, NASDAQ, Dow Jones, FTSE 100, and DAX, among others. Traders can analyze market trends and make informed decisions based on the performance of these indices.

  4. goods: Rubik Trade It allows traders to trade commodities, including precious metals, energy, and agricultural products. Traders can speculate on the price movements of commodities such as gold, silver, crude oil, natural gas, wheat, and coffee. Commodities often serve as a hedge against inflation or economic uncertainties, making them attractive for diversifying business portfolios.

regulation

Pros and cons

Rubik Tradeis a trading platform that provides a wide range of market instruments, allowing traders to participate in trading currencies, shares, indices, and commodities. The platform offers a user-friendly interface and a mobile app for convenient trading on the go. however, it is important to note that Rubik Trade The official website of does not provide specific information on leverage, spreads, commissions or educational resources. besides, Rubik Trade It is not regulated by any reputable financial institution, which may raise concerns about a lack of supervision and investor protection. merchants considering Rubik Trade You must perform extensive research and due diligence before opening an account. while the platform offers 24/7 customer support through various channels, including phone, email, and live chat on social media platforms, the absence of educational resources it can limit the learning opportunities for traders. in general, Rubik Trade It has both advantages, such as a wide range of convenient trading platforms and market instruments, and disadvantages, including a lack of regulation and educational resources.

advantages Contras
Wide range of market instruments Not regulated by reputable financial institutions
User-friendly trading platform and mobile app Lack of specific information on leverage, spreads and commissions
Availability of customer service 24/7 Lack of educational resources for traders
Convenient deposit and withdrawal options Possible higher risks associated with unregulated brokers
Demo account to practice trading Limited transparency regarding company background and history.

Account Types

Rubik Tradeoffers two types of accounts: real account and demo account.

With a live account, traders can start earning real money by depositing funds into their account. After registration, traders can easily deposit funds by selecting the "Deposit" option in their profile and choosing a convenient deposit method. Once the account is funded, traders can start trading with real money and take advantage of the various market instruments available.

on the other hand, Rubik Trade it also provides a demo account, which allows traders to practice and get familiar with the trading platform without risking any real money. immediately after registration, traders can start trading on the demo account using virtual money. provides an ideal environment for traders to test strategies, learn about different market instruments, and gain confidence in their trading skills.

When traders feel ready to move from the demo account to a real account, they can top up their account with real funds and start trading with real money. Rubik Trade offers a seamless transition from demo account to live account, ensuring a smooth trading experience for traders of all levels.

account-types

How to open an account?

the account opening process Rubik Trade involves the following steps:

open-account
  1. download the Rubik Trade App: Visit your app store such as google play store or apple app store and search for " Rubik Trade .” download and install the Rubik Trade application on your mobile device.

open-account

2. registration: open the Rubik Trade application and click the "sign up" or "sign up" button. Fill in the required information, including your name, email address, and password. accept the terms and conditions, and complete the registration process.

3. Verification – Once registered, you may need to go through a verification process to meet regulatory requirements. Rubik Trade You may request identification documents such as a passport or driver's license, as well as proof of address. follow the instructions provided to submit the necessary documents for verification.

4. Account Selection: After verifying your account, you can choose the type of account you want to open. Rubik Trade offers real accounts and demo accounts. the real account allows you to trade with real money, while the demo account allows you to practice trading with virtual money. select the type of account that suits your needs.

5. Start trading: Once your account is set up, you can log in to the Rubik Trade application using your credentials. Explore the various features and tools available in the app to enhance your trading experience. If you have opened a live account, you may need to fund your account before you can start trading. follow the instructions provided within the app to deposit funds and start trading.

Leverage

while the official website of Rubik Trade does not specify leverage options, it is common for similar brokers in the industry to offer leverage ratios ranging from 100:1 to 500:1. Leverage allows traders to widen their trading positions and potentially increase their profits. however, it is important to note that higher leverage also increases the potential risk of loss. traders should be careful, fully understand the implications of leverage and implement proper risk management strategies when trading with Rubik Trade or any other broker.

Spreads and commissions (trading fees)

while Rubik Trade The official website of does not provide specific information on spreads and commissions, other similar brokers in the industry usually offer spreads ranging from 0.0 to 0.1 pips. Spreads refer to the difference between the buy and sell prices of a trading instrument, with lower spreads generally indicating more competitive pricing for traders. Regarding commissions, it is important to consult with Rubik Trade directly or consult their customer support for precise details on their commission structure.

business platform

Rubik TradeThe trading platform is an easy-to-use application that allows traders to execute trades and access various financial markets. To start trading, users need to download the Rubik Trade application, which provides a convenient platform for making transactions. The platform offers real-time market data, advanced charting tools, and a range of order types to suit different trading strategies. Traders can monitor their positions, set stop-loss and take-profit levels, and receive timely market news and analysis. with Rubik Trade With the trading platform, users can actively participate in the financial markets and make informed trading decisions on the go.

spread-commission

deposit and withdrawal

Rubik Tradeoffers various options for deposit and withdrawal transactions. merchants can fund their accounts using various methods such as credit/debit cards, bank transfers, and e-wallets. credit/debit card payments allow for instant deposits, while wire transfers offer a traditional transfer option. Additionally, electronic wallets offer a quick and easy way to manage funds. when it comes to withdrawals, Rubik Trade ensures a smooth process, allowing merchants to easily transfer their funds to their preferred payment method. With these flexible deposit and withdrawal options, Rubik Trade offers comfort and accessibility to its users.

deposit-withdrawal

Customer Support

merchants can request support through multiple channels. Dedicated customer support team is available 24/7 to provide help and guidance. For immediate assistance, merchants can contact them by phone or email. besides, Rubik Trade offers the convenience of live chat support through social media platforms like facebook. this allows merchants to receive real-time support and prompt resolution of their queries. with a responsive and knowledgeable support staff, Rubik Trade is committed to helping merchants in any way possible.

customer-support

Educational resources

unfortunately, Rubik Trade The official website of does not offer educational resources for investors to learn.

Conclusion

in summary, Rubik Trade is a UK registered trading platform, catering to a wide range of traders across various financial markets. although it lacks specific information on leverage, spreads and commissions on its website, Rubik Trade provides a user-friendly trading experience through its advanced trading platform. Traders can access real-time market data, use advanced charting tools, and choose from a variety of order types. The platform offers real and demo accounts, allowing traders to trade with real money or practice with virtual funds. Rubik Trade offers a wide range of market instruments, including currency pairs, stocks, indices, and commodities, providing ample opportunities to trade.

frequent questions

what is it Rubik Trade a regulated broker?

a: no, Rubik Trade is not a regulated broker.

What's up Rubik Trade offer a demo account?

A yes, Rubik Trade offers a demo account that allows clients to practice trading in a risk-free environment with virtual funds.

Q: What payment methods do you do? Rubik Trade accept?

to: Rubik Trade accepts a wide range of payment methods, including bank transfers, credit/debit cards, e-wallets, cryptocurrencies.

q: what do trading platforms do Rubik Trade offer?

to: Rubik Trade offers its own trading platform.

What's up Rubik Trade offer educational resources for traders?

a: no, Rubik Trade offers educational resources for traders.

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FX3102045908
more than one year
Fake app Don't Trust Those People this is all scam
Fake app Don't Trust Those People this is all scam
Translate to English
2023-02-25 02:51
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FX1280291681
more than one year
Disappointingly, although Rubik Trade says 7/24 customer support is provided, it is not available as it promised. I asked them about my withdrawal processed on one Sunday, no one answered me at all.
Disappointingly, although Rubik Trade says 7/24 customer support is provided, it is not available as it promised. I asked them about my withdrawal processed on one Sunday, no one answered me at all.
Translate to English
2023-02-23 09:26
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