Sommario: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 | Cons |
Support demo account | Unavailable website |
Commission-free account offered | Regulatory issues |
Low spreads | High minimum deposit |
Support MT4 | Limited payment options |
No, Ruizean currently has no valid regulations. It only holds revoked and suspicious clone ASIC licenses.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Min Deposit | Spread | Commission |
---|---|---|---|
Standard | $200 | From 1.8 pips | ❌ |
Pro | From 0.1 pips | $3.5 per lot for currency pairs only, no commission for transactions involving Metals or CFDs |
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 | Supported | Available Devices | Suitable for |
MT4 | ✔ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
Ruizean primarily facilitates deposits via wire transfers, and the minimum initial deposit required to open an account with Ruizean is set at $200.
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