RingoTrade
RingoTrade began its operations in the field of financial services in 2019. The company is registered in Saint Vincent and the Grenadines, an offshore zone. However, it is worth noting that RingoTrade does not have a license. According to available data, RingoTrade specializes in digital options. Clients are provided with the opportunity to test the trading platform in demo mode, and then fund the trading account to start real trading. The company uses its own software for conducting operations.
RingoTrade Investment Opportunities
In order to start working with RingoTrade, a number of mandatory actions need to be taken:
- Deposit funds. To do this, you need to register, create a personal account, and fund the trading account using the chosen method.
- Make a trade. Clients can trade on popular assets and earn up to 3,600% in just 80 seconds, with a minimum entry threshold of 10 som.
- Withdraw profits. Electronic wallets are offered for fund withdrawals, or clients can contact the broker’s club.
To place a bet, the client needs to select the desired asset and investment, determine the price movement forecast, and confirm the trade. The company also provides access to the Forex market and promises 140 trading instruments for clients. RingoTrade focuses on using innovative technologies to provide accurate quotes and round-the-clock trading.
Account Funding and Withdrawal in RingoTrade
You can deposit funds into the trading account through electronic wallets or by contacting the broker’s club. The same methods are available for withdrawals. However, the company does not provide complete information on commissions and transaction processing times. There are no requirements for user identity verification.
Conclusion
According to the presented data, RingoTrade offers the opportunity to earn through binary options and Forex. It is important to remember that the company does not have a license for financial activities. There is no information on partner programs and bonuses on the website. However, clients are advised to be aware of the risks of trading and seek help from specialists when needed.
My experience with RingoTrade has been quite disappointing. Their customer service is highly inadequate with delayed responses and unclear explanations. Their platform is not user-friendly, making it really hard for beginners to navigate. The fees are considerably high and the lack of transparency around them has led to some unpleasant surprises on my statements. Furthermore, there were multiple instances of technical glitches which interrupted my trading. Overall, not a service I would recommend to anyone serious about investing or trading regularly.