Ruizean-Some important Details about This Broker

Ruizean | 2025-01-02 15:53

Abstract：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.

Note: Ruizean's official website - https://ruizean.com/ is currently inaccessible normally.

Ruizean Review Summary
Founded	2014
Registered Country/Region	Australia
Regulation	ASIC (Revoked/Suspicious Clone)
Market Instruments	Forex, CFDs
Demo Account	✅
Leverage	Up to 1:400
EUR/USD Spread	Floating around 0.1 pips
Trading Platform	MetaTrader 4
Min Deposit	$200
Customer Support	Tel: +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 account	Unavailable website
Commission-free account offered	Regulatory issues
Low spreads	High minimum deposit
Support MT4	Limited payment options

Is Ruizean Legit?

No, Ruizean currently has no valid regulations. It only holds revoked and suspicious clone ASIC licenses.

What Can I Trade on Ruizean?

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type/Fees

Account Type	Min Deposit	Spread	Commission
Standard	$200	From 1.8 pips	❌
Pro	$200	From 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 Platform	Supported	Available Devices	Suitable for
MT4	✔	/	Beginners
MT5	❌	/	Experienced traders

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.

Leverage Broker Dealer Forex Broker Forex trading

Related broker

Suspicious Clone

Ruizean

Company name：Ruizean Pty Limited

Score

1.51

Website：https://ruizean.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun

Score

1.51

Exclusive Markets Review 2025: Is It a Scam or Trustworthy?

Comprehensive review of Exclusive Markets broker: Analyze regulation, server performance, user reviews, and scam allegations. Is it trustworthy? Check insights from WikiFX, June 2025.

Original 2025-06-11 11:13

Technical Analysis Tools in Forex Trading

Are you aware of the technical analysis tools that greatly determine the forex market’s direction? What do these tools do and why do avid traders eye these every day? If not, then start becoming aware of these tools that greatly dictate your forex earnings over time. Without any further ado, let’s start discussing these tools and their impacts.

Industry 2025-06-10 19:43

Red Alert : Stay Away from These 13 Unauthorised Forex Trading Platforms

The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. Read on to know the fresh list.

Industry 2025-06-10 17:37

Trading via Unauthorized Brokers? A Penalty of Up to INR 2 Lakh Awaits You!

Did you know you can be made to pay a penalty worth up to INR 2 lakh by initiating forex trade through unauthorized brokers? Read this guide to know everything about it.

Original 2025-06-10 17:31