On-line since: About the company: Ruizean Markets was founded in 2016 in Australia. The company is a corporate authorized representative (number 1245241) of Ruizean Funds Management Ltd which permits it to provide financial services in accordance with Ruizean Funds Management Limited's Australian Financial Services Licence (number 374409). The broker offers more than 65 Forex instruments, equities, and metals trading on two types of accounts. Ruizean Markets is a branch of Ruizean Group, an international company, which provides a variety of financial services. The broker has offices in Sydney, Melbourne, London, and Shanghai. Ruizean Markets is licensed by the ASIC. Security of funds Ruizean Markets has an Australian Financial Services Licence; the license number is 4384020. The company is also registered by AUSTRAC in accordance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. Trading conditions Minimum initial deposit Ruizean Markets requires a minimum initial deposit of $200 to open an account. This is an average offer for the Forex market. Commission and spreads The company has two types of accounts: Standard and Pro. There is no commission charged for transactions on a Standard account. The commission on Pro accounts is $3.5 per lot for any currency pair. There is also no commission for Metals or CFDs transactions. A demo account is available. Spreads start from 1.8 pip for a Standard account and 0.1 pip for a Pro account. Leverage The maximum leverage provided by Ruizean Markets is 1:400. Trading platform Ruizean Markets offers its clients the standard MetaTrader 4 platform, available for the mobile version. MT4 has a wide range of tools and functions: technical indicators, an enhanced charting package, and Expert Advisors. Payment options Ruizean Markets’ clients can deposit or withdraw money via wire transfers. The company accepts only AUD and USD. Bonuses The broker does not provide any bonuses. Feedback There are few comments on this company. Besides, Ruizean Markets does not promote itself, and it is difficult to find the broker on the Internet. In addition, the navigation of the website is hard to use. Some pages are links to other websites of Ruizean Group, relating to insurance, lending, and so on. Advantages:
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I can't trade on the Ruizean Markets platform. As all of my orders slippage and my desired position always going to opposite directions on the MT4 platform, which falls into losses. So I have passed the worst trading experience with them. Even I can't withdraw my profit too, As they canceled the $225 withdrawal request. So I am afraid about my investment with the Ruizean Markets broker.
Ruizean Markets is a reliable broker. I have been trading with them for a few years now and I haven't had so much trouble in my trading activities. Their platform is stable and the support team is amazing. However, I noticed that for years, they still haven't expanded their payment options. It doesn't bother me because I can do wire transfers. But I believe other people prefer using their e-wallets and it is going to be inconvenient to them when the options are limited.
I've been using Ruizean Markets for five months and I've observe that their MetaTrader 4 platform disconnects fora few times each day, generally for about 10-15 minutes. There is huge dissimilarity between Demo and real account, no slippage on demo but huge slippage on Real account. Almost 45% of my deposit lost due to slippage.
Ruizean Markets is a professional market that I can trust. They are regulated broker, that makes me comfortable to trade. I have been trading with Ruizean Markets for six months. Since I joined them, I never encounter big trouble or significant issues. Everything is going well and properly. I'm trading in AUD/USD currency and metals, so far, I never get any difficulties during trading. The platform is working correctly. Also, they have good trading conditions. To withdraw the money, it's always fast and easy. The most important is their trading cost low, and no hidden commissions. Also, for metals, they don't take any commission. So satisfied to trade with Ruizean Markets. I would love to recommend Ruizean Markets.
The employees of Ruizean Markets are very professional. I am being guided by one of their experts and he is very effective in explaining things to me. Thanks to him, I was able to make winning trades despite the lack of experience.
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