Ruizean-Some important Details about This Broker

Ruizean | 2025-01-02 15:53

Abstract：Ruizean was registered in Australia in 2014, offering trading in Forex and CFDs with leverage up to 1:400 and spread floating around 0.1 pips on the Standard account via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as 200 USD. Besides, their ASIC license is a suspicious clone.

Note: Ruizean's official website - https://ruizean.com/ is currently inaccessible normally.

Ruizean Review Summary
Founded	2014
Registered Country/Region	Australia
Regulation	ASIC (Revoked/Suspicious Clone)
Market Instruments	Forex, CFDs
Demo Account	✅
Leverage	Up to 1:400
EUR/USD Spread	Floating around 0.1 pips
Trading Platform	MetaTrader 4
Min Deposit	$200
Customer Support	Tel: +61 2 9017 5200
	Email: info@ruizean.com
	Facebook: https://www.facebook.com/pages/Ruizean-Pty-Ltd/1044115708938452

Ruizean was registered in Australia in 2014, offering trading in Forex and CFDs with leverage up to 1:400 and spread floating around 0.1 pips on the Standard account via the MT4 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as 200 USD. Besides, their ASIC license is a suspicious clone.

Pros and Cons

Pros	Cons
Support demo account	Unavailable website
Commission-free account offered	Regulatory issues
Low spreads	High minimum deposit
Support MT4	Limited payment options

Is Ruizean Legit?

No, Ruizean currently has no valid regulations. It only holds revoked and suspicious clone ASIC licenses.

What Can I Trade on Ruizean?

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type/Fees

Account Type	Min Deposit	Spread	Commission
Standard	$200	From 1.8 pips	❌
Pro	$200	From 0.1 pips	$3.5 per lot for currency pairs only, no commission for transactions involving Metals or CFDs

Leverage

Ruizean offers leverage up to 1:400 for both account types, which can potentially bring high returns, but it also comes with high risks.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Ruizean primarily facilitates deposits via wire transfers, and the minimum initial deposit required to open an account with Ruizean is set at $200.

Leverage Broker Dealer Forex Broker Forex trading

Related broker

No Regulation

Ruizean

Company name：Ruizean Pty Limited

Score

1.50

Website：https://ruizean.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | Appointed Representative(AR)

Score

1.50

Why the 5-3-1 Rule Could Change the Way You Trade Forever

The 5-3-1 trading strategy is a straightforward guide designed to help traders develop a disciplined approach to forex trading. This method is particularly beneficial for beginners who often find the vast array of currency pairs and the market’s 24/7 nature overwhelming. Keep reading to learn more about this golden rule!

Original 2025-01-30 08:30

WikiFX Review: Something You Need to Know About Libertex

Has Libertex played a significant role in the forex trading industry for decades? WikiFX created a comprehensive review in today's article to help you better understand this broker. We will analyze its reliability based on specific information, regulations, etc. Let’s get into it.

Original 2025-01-30 08:00

Australia Warns of 2025 Scam Involving Fake myGov, Medicare, Centrelink Calls

Australians targeted by 2025 scams involving fake myGov, Medicare, and Centrelink calls. Learn to recognize red flags and protect your personal information.

Original 2025-01-29 08:30

FX Brokers with "Best Educational Resources”

Entering any field without proper knowledge is always risky. As the saying goes, "Knowledge is power." However, in today’s world, choosing the right source of knowledge is difficult, as there is so much information available. Almost every broker is providing education on forex trading and the market. Therefore, in this article, we’ll introduce you to the Forex brokers with the best educational resources.

Original 2025-01-29 08:00