Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Ruizean

Australia Australia | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://ruizean.com/

Website

Rating Index

Contact

+61 2 9017 5200
https://ruizean.com/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Australia
Operating Period
5-10 years
Company Name
Ruizean Pty Limited
Customer Service Email Address
info@ruizean.com
Contact Number
+61 2 9017 5200
Company Website
Website
Genealogy
Related Companies
Company Summary
Wiki Q&A
Comment

Users who viewed Ruizean also viewed..

Exness

Exness

8.33
Score
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Exness
Exness
Score
8.33
10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Official Website
VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GTCFX

GTCFX

9.23
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
GTCFX
GTCFX
Score
9.23
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
CPT Markets

CPT Markets

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website

Website

  • ruizean.com
    182.160.156.176
    Server Location
    Australia Australia
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

vip Subscribe in the App to unlock!
Download APP
vipvip
Ruizean

Related Companies

RUIZEAN INSURANCE BROKING PTY LTD(Australia)
Australia
RUIZEAN INSURANCE BROKING PTY LTD(Australia)
Active
Australia
Registration No.620409163
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

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

Ruizean Review Summary
Founded2014
Registered Country/RegionAustralia
RegulationASIC (Revoked/Suspicious Clone)
Market InstrumentsForex, CFDs
Demo Account
LeverageUp to 1:400
EUR/USD SpreadFloating around 0.1 pips
Trading PlatformMetaTrader 4
Min Deposit$200
Customer SupportTel: +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 accountUnavailable website
Commission-free account offeredRegulatory issues
Low spreadsHigh minimum deposit
Support MT4Limited payment options

Is Ruizean Legit?

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

Domain information

What Can I Trade on Ruizean?

Tradable Instruments Supported
Forex
CFDs
Bonds
Options
ETFs

Account Type/Fees

Account TypeMin DepositSpreadCommission
Standard$200From 1.8 pips
ProFrom 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 PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5/Experienced traders
MT4

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.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is Ruizean safe to trade with?

Ruizean presents a high-risk proposition. The broker holds a low WikiFX score of 1.54 and operates from Australia without holding any valid, active licenses from recognized regulators like ASIC; the listed licenses are either revoked or unverified. This means client funds are not protected by standard safeguards such as segregated accounts or investor compensation schemes. Its business scope is also flagged as suspicious, indicating a significant lack of transparency and credible oversight.

Two days ago
United States

What licenses does Ruizean hold?

Ruizean does not hold any valid, mainstream regulatory licenses. Public records list several licenses under the Australian Securities and Investments Commission (ASIC), but these are all marked with a 'Revoked' or 'Unverified' status. This includes an 'Appointed Representative' license for RUIZEAN PTY LTD with an unverified status. Consequently, the broker operates without verified regulatory oversight.

Two days ago
United States

What is the full company name of Ruizean?

The entity's full name is Ruizean Pty Limited. It is registered in Australia and has been in business for an estimated 5 to 10 years.

Two days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Two days ago
United States
View More
Write a comment
1
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com