Score
Mauritius
|
5-10 years
| https://riddertrader.com/
Website
Rating Index
Mauritius
riddertrader.com United States
VIP is not activated.
| Registered in | Australia |
| Regulatory Status | ASIC(revoked & exceeded) |
| Year(s) of establishment | 2-5 years |
| Trading instruments | Futures, indices, metals, commodities, forex pairs, shares |
| Minimum Initial Deposit | Not mentioned |
| Maximum Leverage | 1:1000 |
| Minimum spread | 0.0 pips onwards |
| Trading platform | MT5 |
| Deposit and withdrawal method | Not mentioned |
| Customer Service | 24/5 Email, phone number, address, live chat |
| Fraud Complaints Exposure | No for now |
Ridder Trader Group is an international multi-assets registered brokerage firm. Ridder Trader offer clients to trade on Forex and Precious Metals with high interbank liquidity conditions, robust order execution in split second, ultra-tight spreads and many other advantages on MT5. With the segregated fund security under top tier banks, Ridder Trader is dedicated to ensuring traders around the world trade on more Ridder Trader opportunities anytime, anywhere.
Ridder Trader has two licenses. However, the current status are revoked and exceeded.
Pros:
Cons:
Ridder Trader offers a diversified range of instruments for trading including futures, indices, metals, commodities, forex pairs, and shares. With over 200 instruments available, traders have access to global markets and the opportunity to diversify their portfolios. Additionally, the broker offers high leverage options for forex and CFD trading, competitive spreads and pricing, and a user-friendly platform. However, there are some limitations to consider, such as the absence of cryptocurrencies available for trading and the limited selection of shares and commodities compared to other brokers. Furthermore, Ridder Trader does not offer fixed income instruments for trading. Overall, the instrument dimension of Ridder Trader offers a decent range of options for traders but may not be the best fit for those looking to trade cryptocurrencies or fixed income instruments.
Ridder Trader's commission structure is dependent on the type of trading account selected by the trader. The Zero-Commission trading environment is available in some account types, while others charge commissions. The Zero-Fixed account offers spreads from 0.0 pips and has a commission structure with rates varying by currency pair. While the commission rates are relatively low, traders must keep in mind that certain accounts charge commissions. Additionally, the spreads may not always be the tightest in the industry.
The spreads can be seen in a table. for example, the AUDCAD live floating spreads for micro account, premium account and VIP account are respectively 5.7 pips.
Ridder Trader offers a variety of account types to suit different trading preferences and styles. The Live Floating/Live Fixed account category includes Micro, Premium, VIP, and Zero Fixed accounts, while the STP/ECN category includes No Commission, Zero Spread, and Absolute Zero accounts. Each account type has its own unique features, such as different spreads and commissions, but the minimum deposit required for each account is not disclosed. However, traders can take advantage of 24/5 customer support and flexible leverage up to 1:1000. The STP/ECN account category is ideal for traders who prefer low spreads and fast execution, while the different account categories cater to different trading styles and preferences.
Ridder Trader offers its clients the widely popular MetaTrader 5 platform for trading on desktop, web, and mobile devices. The platform comes with advanced charting and technical analysis tools, as well as automated trading options through Expert Advisors. This platform also allows traders to trade various asset classes, including forex, futures, indices, metals, and commodities. However, the platform has limited customization options for its interface, and there are no social trading or copy trading features available.
The maximum leverage offered by Ridder Trader is up to 1:1000, which is a high level of leverage. This means that traders can open positions with a much larger notional value than their account balance, allowing them to potentially make larger profits with a smaller investment.
Ridder Trader offers multiple channels of customer support, including email, phone, and live chat. Their email support promises a response within 24 hours on business days, and their phone support is available 24/5. Live chat is also available for quick assistance. However, there is no dedicated account manager and the customer support is not available 24/7. Additionally, support in other languages is not offered, limiting accessibility for non-English speakers.
In conclusion, Ridder Trader is a forex broker that offers a variety of trading instruments, account types, and platforms to its clients. Its maximum leverage of up to 1:1000 and low spreads on some accounts make it an attractive option for traders. However, the lack of educational resources and information about deposits and withdrawals may be a disadvantage for some traders. The customer care options, including email, phone, and live chat, are available for clients' convenience.
In this article, we'll look in-depth at Ridder Trader Group, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.
Ridder Trader offers MT5 for traders. Traders can log in through desktop, web, and mobile versions.
Ridder Trader offers Zero Fixed, Absolute Zero, Zero Spread, No Commission, VIP, Premium, and Micro Accounts to suit the different needs of traders.
No, the ASIC regulates Ridder Trader but the status shows it is not in a normal regulatory state.. Traders must be aware of the risks.
Ridder Trader offers a variety of commission structure with rates varying by currency pair. The lowest is EUR/USD$18/Lot, while the highest is $43/Lot for EUR/JPY, GBP/CHF, GBP/JPY
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MY027
Hong Kong
Unable to withdraw funds, the official has run away.
Exposure
FX2273017097
Japan
Since around February 2024, I have been making withdrawal requests and have been exchanging emails several times. At the stage of June, I was told that the bank card would be ready within the next two weeks, and I have been waiting for it to be completed so that I can make the withdrawal. However, I have not received any contact, and despite reaching out multiple times afterwards, I have been completely ignored. In the midst of this, I tried to log in yesterday after a long time, but a message appeared saying that there is no account information, and I was unable to log in. (By the way, I am certain that there is no mistake in the login information as it is managed in Excel, etc.) I also tried to inquire about the situation of not being able to log in through the help, but that has also been ignored, and there is still no reply. Adrian Leong Ik (leongik.raiden@outlook.com) Although he seems to be in charge, he has been completely ignored since the email in June. For those who cannot make withdrawals, it would be a good idea to check if you can log in to your My Page.
Exposure
大山8056
Hong Kong
Since January, I have been unable to withdraw funds. Every month, the time keeps changing, and they just avoid it. I request the platform's assistance in withdrawing funds.
Exposure
Kenrry
Egypt
Ridder Trader offers competitive minimum spreads, which is great for cost-conscious traders. Plus, their customer service team is responsive and helpful, making it easy to get assistance when needed. Overall, I'm pleased with my experience so far.
Positive
hold on to
Nigeria
I'm a new member at Ridder Trader. Today I encountered a problem with my trading live account. So, I connected to live chat and connected with Erasmia. She made service for me very respectfully and best. Accordingly, I am happy with your live chat service. Thank you guys
Positive
Larance Chris
Australia
Two months in after signing up through a friend's referral, I'm happy with the platform. They offer zero-pip spreads on forex, along with commodities (like gold and USOIL) and indices (though I only trade Nasdaq 100). My mentor always says focus is key - trading everything isn't the path to success!
Positive
L33724
South Africa
Your transaction delay because i made a transaction sometime ago it was processed within 23 working days why????
Neutral
小海螺
Hong Kong
Trading stopped in April and I applied for withdrawal. Sometimes it is said that it will be a month, and sometimes it is said that there is no specific time. Now the call says it will take 3 to 6 months. Speechless! There was no announcement before the suspension of trading. There is no explanation, and no hope for the withdrawal...
Exposure
大山8056
Hong Kong
I haven’t been able to withdraw money from January to now. The rules are constantly changing, including asset packages and listings, for various reasons. All withdrawals were canceled in the background, and there was still no news about the asset package. The principal will be locked for 180 days. Please deal with it.
Exposure
大山8056
Hong Kong
I haven't been able to withdraw funds since January. The company said it would be back to normal after Chinese New Year. They asked me to wait until March. In March, I still couldn't withdraw money. They made an asset package in April, but it hasn't been done yet. It keeps changing and no accurate time. Please help me withdraw money.
Exposure