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0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

THE RIDGE

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

http://www.ridgeltd.com/

Website

Rating Index

Contact

+38044 490 12 20
http://www.ridgeltd.com/
42-44 Shovkovychna St., 3rd floor, Kyiv, Kyiv City, 02000
The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

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!
3

Basic Information

Registered Region
Ukraine
Operating Period
5-10 years
Company Name
THE RIDGE
Customer Service Email Address
support@ridgeltd.com
Contact Number
+38044 490 12 20
Website
Company Summary
Wiki Q&A
Comment

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Website

  • ridgeltd.com
    172.67.184.203
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
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    Company
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Company Profile

Company Profile

Review summary

General Information & Regulation

Founded in 2008, THE RIDGE sets its headquarter, operations, and customer service offices located in Ukraine. THE RIDGE is not subject to any valid regulation at this stage.

Market Instruments

THE RIDGE provides investors with financial products such as foreign exchange currency pairs, stocks, indices, precious metals, energy, and cryptocurrencies.

Minimum Deposit

THE RIDGE provides traders with two types of trading accounts to meet the needs of different traders, namely standard accounts and ECN accounts. The minimum initial deposit for a Standard account is $10, and the minimum initial deposit for an ECN account is $100.

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THE RIDGE Leverage

In terms of trading leverage, The RIDGE offers the maximum leverage of up to 1:100. This seems the conservative leverage, however, still enough to accomodate even more agressive trading strategy.

Spreads & Commissions

As for spreads, two trading accounts offer different spread conditions. The standard account offers the floating spreads based on 1.0 pip fixed spreads. The ECN account offers the spreads of 0.1 pips plus floating.

Trading Platforms

THE RIDGE RIDGE provides traders with two of the most popular trading platforms on the market today, the MT4 trading platform and the MT5 trading platform. MT5 has a user-friendly interface, customizable templates that encourage traders to use and develop smart trading, news feeds that go directly to the trading platform, the ability to view historical orders, and support for the web, Android phone, and Apple phone terminals. The RIDGE MT5 platform has all the best features of MT4 and has been adapted to suit the needs of RIDGE clients who want to master the market. MT5 has many advantages such as 21 different time frames, over 80 technical indicators, one-click trading, hedging allowed, etc.

Deposit & Withdrawal

Traders can make deposits to their THE RIDGE RIDGE account via wire transfer, USDT, and payment gateway. The minimum and maximum deposit and withdrawal amounts are based on the amount set by the system, and the fees charged will depend on the deposit and withdrawal channel used.

THE RIDGE Pros & Cons

THE RIDGE Advantages Include:

1. Richness of trading assets

2. Low initial deposit requirements

3. MT4 & MT5 trading platforms

THE RIDGE Disadvantages Include:

1. More confusing regulatory information

2. Fewer ways to fund

Keywords

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

Wiki Q&A

Is THE RIDGE safe and reliable?

According to WikiFX data, THE RIDGE is not considered safe or reliable. The platform holds a very low WikiFX score of 1.53, and its business scope is classified as 'Suspicious'. More critically, its official regulatory status is assessed as 'No Regulation', indicating it operates without credible oversight from a recognized financial authority. This absence of regulation represents a severe risk to client funds and security.

Yesterday 10:16
United States

Is THE RIDGE regulated?

No, THE RIDGE is not regulated by a credible financial authority. While its website lists entities such as the NSSMC of Ukraine, ASIC, NFA, FINTRAC, FSA of St. Vincent and the Grenadines, and an MSB, the WikiFX assessment conclusively classifies its regulatory status as 'No Regulation'. This means it lacks valid, authoritative forex trading licenses, and the listed registrations do not constitute proper regulatory oversight for client protection.

Yesterday 10:16
United States

What is the minimum deposit of THE RIDGE?

Specific minimum deposit requirements for THE RIDGE are not publicly disclosed in the available data. Potential users should be aware that the platform's unregulated status poses a much more significant concern than deposit thresholds, as it relates directly to the security of any funds deposited.

Yesterday 10:16
United States

Does THE RIDGE support MT4 or MT5?

User reports on WikiFX indicate that THE RIDGE's MT5 platform has been disabled, with mentions that platform data is no longer available. The lack of a stable, functional trading platform is a critical operational failure that prevents normal trading activity.

Yesterday 10:16
United States
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※ 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