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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

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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

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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.

Yesterday 14:39
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.

Yesterday 14:39
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.

Yesterday 14:39
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Yesterday 16:02
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.

Yesterday 16:02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Yesterday 16:02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Yesterday 16:02
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.

Yesterday 16:02
United States
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