RISE TRADING Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-11-26 17:46Abstract：RISE TRADING was registered in the Virgin Islands in 2021. It offers various trading assets, like forex, commodities, indices, stocks, and cryptocurrencies with leverage up to 1:1000. The minimum deposit to open an account is only $50. However, it is not regulated.
Note: RISE TRADING's official website: https://www.risetradingpro.com is currently inaccessible normal.
| RISE TRADINGReview Summary | |
| Founded | 2021 |
| Registered Country/Region | The Virgin Islands |
| Regulation | Not regulated |
| Market Instruments | Forex, commodities, indices, stocks, and cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 0.6 pips |
| Trading Platform | Web-based |
| Min Deposit | $50 |
| Customer Support | Address: 3rd Floor Ellen Skelton Building 3076 Sir Francis Drake Highway Road Town, Tortola British Virgin Islands VG1110 |
RISE TRADING was registered in the Virgin Islands in 2021. It offers various trading assets, like forex, commodities, indices, stocks, and cryptocurrencies with leverage up to 1:1000. The minimum deposit to open an account is only $50. However, it is not regulated.
Pros and Cons
| Pros | Cons |
| Diverse trading assets | Inaccessible website |
| Multiple account types | Not regulated |
| Flexible leverage ratios | No MT4 or MT5 |
| Low minimum deposit | Administration fee charged |
| No contact channel |
Is RISE TRADING Legit?
RISE TRADING claims it is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). However, traders can't find any accurate information on the website. Traders should be careful.
What Can I Trade on RISE TRADING?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
RISE TRADING offers three account types: ECN account, High Leverage Account, and Islamic Account.
| Account Type | MinDeposit |
| Islamic | 50 USD |
| ECN | |
| High Leverage |
Leverage
RISE TRADING's leverage varies by the account type.
| Account Type | Leverage |
| Islamic | 1:200 |
| ECN | |
| High Leverage | 1:1000 |
Trading with high leverage allows higher profits, but also increases the risk of sudden and excessive losses proportionally.
Spread
| Account Type | Spread |
| Islamic | From 0.6 pips |
| ECN | |
| High Leverage | From 1 pip |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
RISE TRADING accepts payments via bank transfers, credit cards (MasterCard), and cryptocurrencies.
Besides, it allows three withdrawals per day for free.
If there are a higher number of withdrawal requests or the amount is less than 50 USD, it charges an administration fee of 3 USD plus 2.5%.
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