Ruizean Trader
- Country:
- Us Client:
- Min. Deposit:$10
- Max Leverage:1:500
- Spread:0.0
- Forex Licence:
- Summary
- Our Review
- User Review
Ruizean Markets (previously RZT Capital) is an Cypriot brokerage that gives its clients three different types of accounts that have access to the traditional MetaTrader4 platform. We have a few thoughts about this broker, following our conducted a thorough investigation on the company as well as tested the platform.
Ruizean Trader Advandage and Disadvandage
Advandage
- Licensed in Europe (Cyprus)
- MT4 supported
- Competitive demo spreads
Disadvandage
- Announced spreads above the average
- Not that many CFDs
Ruizean Trader is a highly regarded online trading platform that has gained recognition for its comprehensive range of financial instruments and user-friendly interface. With a commitment to providing a seamless trading experience, Ruizean Trader caters to both novice and experienced traders. By offering robust trading tools, educational resources, and a wide selection of account types, Ruizean Trader has positioned itself as a trusted choice in the online trading industry.
Account Types of Ruizean Trader
Ruizean Trader provides various account types to accommodate the diverse needs of traders. These account types include:
- Standard Account: Designed for beginners, this account type offers basic features and functionalities.
- Advanced Account: Geared towards intermediate traders, this account type provides additional tools and features for more sophisticated trading strategies.
- Professional Account: Tailored for experienced traders, this account type offers advanced tools, higher leverage options, and lower trading costs.
By offering multiple account types, Ruizean Trader ensures that traders can choose the one that aligns with their trading objectives and experience level.
Platforms
Ruizean Trader supports a variety of trading platforms, enabling traders to access their preferred tools and execute trades efficiently. The platforms available on Ruizean Trader include:
- Web-based Platform: The web-based platform is accessible through a browser, eliminating the need for software installation. Traders can access their accounts and trade from any device with an internet connection.
- Mobile Platform: The mobile trading app allows traders to trade on the go using their smartphones or tablets. The app offers a user-friendly interface, real-time market data, and a range of trading tools.
- Desktop Platform: For traders who prefer a more traditional trading experience, Ruizean Trader offers a desktop platform that can be installed on Windows or Mac computers. The desktop platform provides advanced charting capabilities and customizable features.
With these platform options, Ruizean Trader ensures that traders can choose the most convenient and suitable trading environment for their needs.
Leverage
Leverage plays a crucial role in trading, allowing traders to amplify their exposure to the market. Ruizean Trader offers competitive leverage options, enabling traders to increase their potential profits while managing their risk. The leverage levels available may vary depending on the account type and the financial instrument being traded. It is important for traders to understand the implications of leverage and use it responsibly to avoid excessive risk.
Trade Sizes
Ruizean Trader provides flexibility in trade sizes, accommodating traders with different trading strategies and risk appetites. Whether you prefer small trade sizes for a conservative approach or larger trade sizes for a more aggressive strategy, Ruizean Trader offers options to suit your preferences. Traders can choose the trade size that aligns with their trading style and capital management strategy.
Trading Costs
When it comes to trading costs, Ruizean Trader is committed to transparency and competitive pricing. The costs associated with trading on the Ruizean Trader platform include:
- Spreads: The spread is the difference between the buy and sell prices of a financial instrument. Ruizean Trader aims to keep spreads as tight as possible, providing traders with cost-effective trading.
- Commissions: Depending on the account type and the specific instrument being traded, Ruizean Trader may charge a commission per trade. This commission fee is disclosed upfront, ensuring transparency in trading costs.
- Swap Fees: In certain trading positions held overnight, traders may incur swap fees, also known as overnight financing charges. These fees reflect the cost of holding a position overnight and can vary depending on the instrument and the prevailing interest rates.
By providing transparent pricing and competitive trading costs, Ruizean Trader aims to create a fair and cost-efficient trading environment for its clients.
Assets
Ruizean Trader offers an extensive range of tradable assets across multiple categories, allowing traders to diversify their portfolios and explore various market opportunities. The assets available for trading on Ruizean Trader include:
- Forex: Trade major, minor, and exotic currency pairs, taking advantage of the volatility and liquidity of the forex market.
- Stocks: Access a wide range of global stocks, including shares of popular companies listed on major stock exchanges.
- Indices: Trade contracts based on various stock indices, such as the S&P 500, FTSE 100, and NASDAQ.
- Commodities: Take positions on popular commodities, including gold, silver, crude oil, natural gas, and agricultural products.
- Cryptocurrencies: Participate in the cryptocurrency market by trading popular digital assets like Bitcoin, Ethereum, and Litecoin.
By offering a diverse selection of assets, Ruizean Trader provides traders with ample opportunities to capitalize on different market trends and implement their preferred trading strategies.
Spreads
The spreads offered by Ruizean Trader are designed to provide traders with competitive pricing while executing their trades. The spread is the difference between the buy and sell prices of a financial instrument, and it represents a portion of the trading cost. Ruizean Trader aims to keep spreads as tight as possible, ensuring that traders can enter and exit positions at favorable prices. The actual spreads may vary depending on market conditions, liquidity, and the specific asset being traded.
Minimum Deposit
Ruizean Trader has a minimum deposit requirement to ensure accessibility for traders of different levels. The minimum deposit amount may vary depending on the account type chosen. By setting a minimum deposit, Ruizean Trader aims to accommodate traders with varying capital sizes while maintaining the integrity of the trading environment.
Deposit Methods & Costs
Ruizean Trader supports various convenient deposit methods, making it easy for traders to fund their accounts and start trading. The deposit methods available on the platform include:
- Bank Transfers: Traders can deposit funds into their Ruizean Trader accounts using bank transfers. This method usually involves transferring funds from the trader’s bank account to the Ruizean Trader bank account.
- Credit/Debit Cards: Ruizean Trader accepts major credit and debit cards, allowing traders to make instant deposits securely.
- E-Wallets: Traders can also deposit funds using popular e-wallet services, such as PayPal, Skrill, Neteller, and others.
While Ruizean Trader does not charge fees for deposits, it is essential to note that certain payment providers may impose transaction fees. Traders should review the terms and conditions of their chosen payment method to understand any associated costs.
Withdrawal Methods & Costs
Withdrawing funds from your Ruizean Trader account is a straightforward process. The platform offers multiple withdrawal methods to suit your preferences, including:
- Bank Transfers: Traders can withdraw funds by initiating a bank transfer from their Ruizean Trader account to their registered bank account. This method typically incurs processing fees imposed by the banks involved.
- Credit/Debit Cards: Withdrawals can be made to the trader’s credit or debit card, allowing for quick access to funds. However, it is important to note that not all cards support withdrawals, and fees may apply.
- E-Wallets: Traders may opt to withdraw funds to their e-wallet accounts, such as PayPal, Skrill, or Neteller. These withdrawals are typically processed quickly, but e-wallet providers may charge fees for receiving funds.
While Ruizean Trader strives to process withdrawal requests promptly, the actual processing time may vary depending on various factors, such as the chosen withdrawal method and the verification process. It is recommended that traders consult the platform’s withdrawal policy and terms to understand the specific withdrawal procedures and any associated costs.
Withdrawal Processing & Wait Time
Ruizean Trader is committed to processing withdrawal requests in a timely manner. The processing time for withdrawals depends on various factors, including:
- Withdrawal Method: The chosen withdrawal method can influence the processing time. While some methods, such as e-wallet withdrawals, are typically faster, bank transfers may take longer due to the involvement of external banking institutions.
- Verification Process: As part of its security measures, Ruizean Trader may require traders to complete a verification process before processing withdrawal requests. This process ensures the safety and integrity of the trading environment, but it may introduce additional processing time for withdrawals.
It is important for traders to review the withdrawal policy of Ruizean Trader and plan accordingly to allow for any potential processing and wait times.
Bonuses & Promotions
Ruizean Trader offers bonuses and promotions to enhance the trading experience for its clients. These promotions may include:
- Welcome Bonus: Traders opening new accounts may be eligible for a welcome bonus, which is often awarded as a percentage of the initial deposit.
- Deposit Bonuses: Ruizean Trader may periodically offer deposit bonuses, providing traders with additional funds based on their deposit amount.
- Trading Contests: Ruizean Trader may organize trading contests where traders can participate and compete for prizes based on their trading performance.
It is important for traders to carefully review the terms and conditions associated with bonuses and promotions. These terms often include specific requirements, such as minimum trading volumes, before bonus funds can be withdrawn. Traders should assess whether bonuses align with their trading strategies and objectives before accepting them.
Educational & Trading Tools
One of the key strengths of Ruizean Trader is its commitment to trader education. The platform offers a range of educational resources and trading tools to empower traders with the knowledge and tools necessary for success. These resources include:
- Video Tutorials: Ruizean Trader provides a library of video tutorials covering various trading topics, including basic concepts, technical analysis, risk management, and more.
- Educational Articles: Traders can access a vast collection of articles covering fundamental and technical analysis, trading strategies, and market insights.
- Webinars: Ruizean Trader regularly hosts live webinars presented by trading experts, allowing traders to learn from experienced professionals and ask questions in real-time.
- Trading Tools: The platform offers a range of trading tools, such as advanced charting software, technical indicators, economic calendars, and real-time market data, to support traders in their decision-making process.
By providing comprehensive educational resources and trading tools, Ruizean Trader empowers traders to enhance their trading skills and make informed trading decisions.
Customer Service
At Ruizean Trader, customer service is a priority. The platform offers dedicated customer support to address any inquiries or issues that traders may encounter. Traders can reach out to the customer service team through various channels, including:
- Live Chat: The live chat feature allows traders to communicate with a customer support representative in real-time, offering prompt assistance.
- Email Support: Traders can send their queries or concerns via email and expect a timely response from the customer service team.
- Phone Support: For urgent matters or direct communication, Ruizean Trader provides a phone support line that traders can call during operating hours.
The customer service team at Ruizean Trader strives to provide professional and efficient support, ensuring that traders have a positive and seamless trading experience.
Demo Account
Ruizean Trader offers a demo account option for traders to practice and familiarize themselves with the platform before engaging in real trading. The demo account provides a simulated trading environment with virtual funds, allowing traders to test different strategies, explore the platform’s features, and gain confidence in their trading abilities without risking real money.
The demo account is an invaluable tool for both novice and experienced traders. Novice traders can use it to learn the basics of trading, while experienced traders can utilize it to refine their strategies and test new ideas before implementing them in live trading.
Countries Accepted
Ruizean Trader aims to provide its services to traders worldwide. While the platform accepts traders from a wide range of countries, it is important to note that certain regulatory restrictions may apply in specific regions. Traders should consult the platform’s terms and conditions or reach out to customer support to determine if their country of residence is eligible for trading on Ruizean Trader.
Conclusion
Ruizean Trader emerges as a reputable and feature-rich online trading platform, catering to traders of all experience levels. With its wide range of account types, robust trading platforms, competitive trading costs, extensive asset offerings, and commitment to customer service, Ruizean Trader provides a comprehensive trading experience. The platform’s educational resources and trading tools further empower traders to enhance their skills and make informed trading decisions.
Ruizean Trader Overview
Ruizean Trader Summary | |
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Ruizean Trader Details | Information |
Regulators | |
Country | ["<\/i>"] |
Base Currencies | |
Type Of Brokers | N/A |
Trading Platform | N/A |
Established Year | 2010 |
Website Language | English |
US Clients |
Ruizean Trader Spreads | |
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Option | Information |
Minimum Spreads | 0.0 |
Commission | |
Fixed Spreads |
Ruizean Trader Payment & Withdrawal Option | |
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Option | Information |
Acc Funding Methods | ![]() |
Acc Withdrawal Methods | ![]() |
Ruizean Trader Suitable For | |
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Option | Information |
Publicly Traded | |
Beginners | |
Day Trading | |
Weekly Trading | |
Professionals | |
Swing Trading |
Ruizean Trader Trading Account Options | |
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Option | Information |
Maximum Leverage | 1:500 |
Mini Account | |
VIP Accounts | |
Segregated Accounts | |
Free Demo Accounts | |
Managed Accounts | |
Pro Account | |
Minimum Deposit | $10 |
Islamic Account |
Ruizean Trader Trading Services | |
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Option | Information |
Hedging | |
News Trading | |
Scalping | |
Automated Trading | |
Indices | |
Commodities | |
Forex instruments | |
CFDs | |
ETFs | |
Stocks | |
Bonds | |
Cryptocurrencey | |
Trading Signals | |
Educational Service | |
Copy Tradings |
Ruizean Trader Contact & Support | |
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Option | Information |
Telephone No | +61 2 9017 5230 |
info@ruizeanmarkets.com | |
24 Hours Support | |
Support During Weekends | |
Address | Level 37,1 Macquarie Place Sydney NSW 2000, Australia |