Lời nói đầu: Ridge, established in 2020 and based in Ukraine, is an unregulated financial service provider that specializes in Forex and stock CFDs. The company offers a comprehensive range of trading opportunities on the advanced MetaTrader 5 platform, known for its sophisticated auto trading systems, technical tools, and copy trading capabilities. Ridge provides a variety of account types to meet different trading needs and strategies, including NANO, KILO, MEGA, GIGA, and TERA, each featuring unique trading conditions such as varying leverage options up to 1:1000, and competitive spreads and commissions.
Aspect | Information |
Company Name | Ridge |
Registered Country/Area | Ukraine |
Founded Year | 2020 |
Regulation | Unregulated |
Products & Services | Forex,Stock CFDs |
Account Types | NANO,KILO,MEGA,GIGA,TERA |
Demo Account | Available |
Trading Platform | Meta Trader 5 |
Leverage | Up to 1:1000 |
Commissions & Spreads | Spreads::0.00003 from 0.0002;Commissions:from $1.5 to $6 |
Customer Support | Email:support@ridgecorp.com.ua,Phone:+380665752192 |
Ridge, established in 2020 and based in Ukraine, is an unregulated financial service provider that specializes in Forex and stock CFDs.
The company offers a comprehensive range of trading opportunities on the advanced MetaTrader 5 platform, known for its sophisticated auto trading systems, technical tools, and copy trading capabilities.
Ridge provides a variety of account types to meet different trading needs and strategies, including NANO, KILO, MEGA, GIGA, and TERA, each featuring unique trading conditions such as varying leverage options up to 1:1000, and competitive spreads and commissions.
Additionally, Ridge emphasizes accessibility and convenience, allowing traders to access the platform from desktop, mobile, or web interfaces. The firm also supports traders with a demo account, robust customer support via email and phone, and educational resources to aid in trading decisions.
Ridge operates as an unregulated financial services provider based in Ukraine. This unregulated status means that the company does not fall under the jurisdiction or oversight of any financial regulatory authority.
While this allows Ridge greater flexibility in its operations and offerings, it also means that clients may not have the same level of protection typically afforded by regulated entities.
Pros | Cons |
Advanced Trading Platform | Geographic Restrictions |
Flexible Account Types | Unregulated Status |
Negative Balance Protection | Risk of High Leverage |
Access Across Devices | Commission and Fee Structure |
Support Services | No Services in Major Markets |
Pros of Ridge:
Advanced Trading Platform: Ridge utilizes MetaTrader 5 (MT5), a state-of-the-art, multi-functional platform that supports advanced trading systems, technical tools, and copy trading. This platform is well-suited for handling a wide array of asset classes beyond just Forex, including shares, commodities, indices, and ETF CFDs.
Flexible Account Types: Ridge offers multiple trading account types — NANO, KILO, MEGA, GIGA, TERA — each tailored to different trader needs, featuring competitive conditions such as low minimum deposits and various leverage options.
Negative Balance Protection: The inclusion of negative balance protection across most account types helps safeguard clients from losing more money than they have deposited, reducing risk and providing a safety net for traders.
Access Across Devices: The MT5 platform is accessible from multiple devices, including PC, iOS, Android, and directly via the web, ensuring traders can manage their positions and monitor the markets conveniently from anywhere.
Support Services: Ridge offers 24/7 support through professional analysts and consultants, alongside educational resources like blogs and FAQs to help traders make informed decisions.
Cons of Ridge:
Geographic Restrictions: Ridge does not offer services to residents of several jurisdictions, including Canada, China, Romania, Singapore, the USA, and countries on FATF and EU/UN sanctions lists, which limits its market reach.
Unregulated Status: Operating without regulatory oversight could pose significant risks to traders, as it lacks the consumer protection usually afforded by regulatory bodies.
Risk of High Leverage: While offering leverage up to 1:1000 can maximize potential profits, it also significantly increases the risk of substantial losses, which may not be suitable for all traders, especially beginners.
Commission and Fee Structure: Some account types come with relatively high commission rates and other trading fees, which will reduce net profitability for frequent traders or those trading in smaller volumes.
No Services in Major Markets: The exclusion of major markets like the United States and China could hinder potential traders in those regions from accessing Ridge's services, affecting the firm's ability to capture a more significant share of the global trading market.
Vortex offers a range of products focused primarily on the cryptocurrency market, utilizing advanced technologies and strategic services to support their clients. Here are the main products offered by Vortex:
Cryptocurrencies: Vortex facilitates trading in various cryptocurrencies, including well-known options like Bitcoin as well as their own proprietary Vortex token.
Trading Solutions: The company provides comprehensive trading solutions that include a trading desk for executing trades and developing trading strategies tailored to both retail and institutional traders.
Market Making and Liquidity Provision: Vortex acts as a market maker, offering liquidity provision services to ensure better price stability and market efficiency for cryptocurrencies.
Tokenomics and Smart Contract Services: They provide tokenomics development and auditing, along with smart contract development and auditing services, ensuring the reliability and functionality of blockchain applications.
Web3 Marketing and Advisory Services: Vortex also offers Web3 marketing and public relations strategies, along with advisory and consulting services for projects involved in the decentralized web space.
Ridge offers a variety of account types tailored to meet the needs of different traders, each with unique features and trading conditions on the MetaTrader 5 platform:
NANO Account: The NANO account is designed for traders who prefer micro trading with a very low minimum deposit requirement and competitive spreads. The account supports EUR and USD as base currencies and provides features such as negative balance protection and hedging capabilities.
KILO Account: The KILO account attracts traders who are looking for standard trading conditions with no commissions on Forex trades.Like the NANO account, it offers negative balance protection and allows hedging, making it ideal for traders who wish to manage their risk while exploring different trading strategies.
MEGA Account: Aimed at more experienced traders, the MEGA account offers the highest available leverage , facilitating substantial trading positions with a standard lot size. The account features slightly higher spreads and charges a commission on stock CFD trades. It supports hedging and offers negative balance protection, ensuring that traders have additional risk management safeguards.
GIGA Account: The GIGA account is similar to the NANO in terms of trading conditions but offers the option for higher trade volumes.With negative balance protection, and hedging allowed, it attracts traders who seek robust trading options with controlled costs. This account is suitable for traders who require a balance between competitive trading conditions and risk management features.
TERA Account: The TERA account is unique as it satisfying specifically to high-net-worth individuals or institutional traders, evidenced by the absence of a specified minimum deposit and a different lot size definition, where 1 lot equals 1 share. Commissions are scaled, starting from a lower rate, and hedging is not allowed, indicating that this account is designed for serious traders focused on significant investments in the market.
Account Type | Min Deposit (USD) | Platform | Avg Spread EURUSD | Leverage | Commissions USD/lot | Stock CFDs Commissions | Currency Options |
NANO | 10 | MT5 | 0.00003 | 1:400 | 6 | 0.04 per CFD (min 6) | EUR, USD |
KILO | 10 | MT5 | 0.00013 | 1:400 | 0 | 0.04 per CFD (min 6) | EUR, USD |
MEGA | 10 | MT5 | 0.0002 | 1:1000 | 0 | 0.06 per CFD (min 8) | EUR, USD |
GIGA | 10 | MT5 | 0.00003 | 1:400 | 6 | 0.04 per CFD (min 6) | EUR, USD |
TERA | n/a | MT5 | n/a | 1:01 | from 1.5 | n/a | EUR, USD |
Opening an account with Vortex involves a few straightforward steps to get you started on trading cryptocurrencies. Heres how you can set up an account:
Visit the Official Website: Begin by navigating to Vortex's official website. Look for the option to sign up or register, which is typically marked with buttons such as “Get Started” or “Open Account.”
Fill Out the Registration Form: Proceed to fill out the registration form with your personal information, such as your name, email address, and contact details. You'll also need to create a secure password. During this step, you will be required to provide additional identification documents depending on the regulatory requirements, even though Vortex operates as an unregulated entity.
Complete KYC Verification: Complete the Know Your Customer (KYC) process by submitting the necessary identification documents, such as a passport or driver's license. This step is crucial for enhancing security and preventing fraud on the platform.
Ridge offers a range of leverage options across its various trading account types to accommodate different trading strategies and risk appetites.
For the NANO, KILO, and GIGA accounts, leverage is set at up to 1:400, providing traders with the potential to control large positions with a relatively small amount of capital.
The MEGA account offers the highest leverage of up to 1:1000, appealing to traders who are looking for even greater exposure to the markets and the potential for higher returns, albeit with increased risk.
Conversely, the TERA account offers a much more conservative leverage option of 1:1, targeting traders who prefer lower risk and are perhaps managing larger volumes of capital where extensive leverage is not necessary or desired.
Ridge offers competitive spreads and commissions across its range of trading account types, meeting a variety of trading preferences and strategies.
The NANO and GIGA accounts feature extremely low average spreads on EURUSD at 0.00003, which is ideal for traders looking for tight spreads to execute high-frequency trading strategies effectively.
Meanwhile, the KILO account has a slightly higher spread at 0.00013, and the MEGA account has a spread of 0.0002, providing options for traders who may prioritize different aspects of trading costs and services.
The TERA account does not specify a spread, reflecting its unique positioning for a specific trader demographic.
Regarding commissions, the NANO and GIGA accounts are subject to a commission of 6 USD per lot, which aligns with traders looking for clear, straightforward trading costs.
On the other hand, the TERA account varies, starting from 1.5 USD per lot, offering a more flexible and potentially lower-cost structure for larger volume traders.
Stock CFDs trading also varies, with the NANO and GIGA accounts charging 0.04 USD per CFD with a minimum of 6 USD, while the MEGA account increases the charge to 0.06 USD per CFD with a minimum of 8 USD. The KILO account maintains a commission-free structure on Forex trades, appealing to those looking to minimize transaction costs on currency trading.
Ridge utilizes MetaTrader 5 (MT5), a sophisticated and versatile trading platform renowned for its advanced capabilities in the financial trading sphere.
MT5 is designed to support a wide range of asset classes beyond its predecessor, enabling traders to engage with Forex, stocks, commodities, and indices all from a single interface. This state-of-the-art platform is equipped with advanced auto trading systems, comprehensive technical analysis tools, and options for copy trading, making it ideal for traders who require robust, feature-rich software.
Additionally, MT5 offers superior execution speeds and is accessible via desktop and mobile devices, available for download from both the Apple App Store and Google Play, ensuring traders can manage their portfolios and trade effectively from anywhere.
Ridge Corporation LLC offers accessible and responsive customer support to assist clients with their trading needs and inquiries.
Clients can reach the support team via email at support@ridgecorp.com.ua for detailed queries or issues that require thorough communication. For immediate assistance or more direct contact, clients can also call the support line at +380665752192.
Both support channels are managed by knowledgeable staff ready to address various client concerns. The company is headquartered at 22 Ribalska Street, Kyiv 01011, Ukraine, where it conducts its operations and supports its global client base.
Ridge Corporation LLC, utilizing the advanced MetaTrader 5 platform, offers a comprehensive trading environment with a variety of account types tailored to meet the needs of diverse traders.
From competitive spreads and flexible leverage options to responsive customer support and accessibility across multiple devices, Ridge provides a robust infrastructure for trading Forex and stock CFDs.
Operating from Kyiv, Ukraine, Ridge continues to serve a global clientele with its detailed-oriented services and trading solutions.
Question: What trading platform does Ridge use?
Answer: Ridge uses MetaTrader 5 (MT5), a multi-functional platform that supports a wide range of asset classes with advanced trading tools, auto trading systems, and superior execution capabilities.
Question: What types of trading accounts does Ridge offer?
Answer: Ridge offers several account types including NANO, KILO, MEGA, GIGA, and TERA, each designed to meet different trading needs and strategies with varying minimum deposits, leverage, and commission structures.
Question: How can I contact Ridge customer support?
Answer: You can contact Ridge customer support via email at support@ridgecorp.com.ua or by phone at +380665752192 for any queries or support needs.
Question: What are the leverage options available at Ridge?
Answer: Ridge offers a range of leverage options, from as high as 1:1000 in the MEGA account to as low as 1:1 in the TERA account, allowing traders to choose the level of risk and potential return that suits their trading style.
Question: Are there any protection measures for traders at Ridge?
Answer: Yes, Ridge provides negative balance protection on the NANO, KILO, MEGA, and GIGA accounts, ensuring that clients cannot lose more than their initial deposit, which safeguards against adverse trading conditions.
FBS
AUS GLOBAL
FxPro
IG
HFM
Tickmill
FBS
AUS GLOBAL
FxPro
IG
HFM
Tickmill
FBS
AUS GLOBAL
FxPro
IG
HFM
Tickmill
FBS
AUS GLOBAL
FxPro
IG
HFM
Tickmill