Behind the Curtain: Investigating the Alleged Ridge Corporation Scams and Deceptive Tactics

 Pros and Cons

Pros:

• Minimum deposit is low.
• The trading platform is easy to use.
• The spreads are competitive.

Cons:

• The company is not regulated.
• There have been reports of customer complaints.
• The withdrawal process is slow and difficult.

How Does Ridge Corporation Reach To Their Prey?

Ridge Corporation uses a variety of methods to reach out to potential victims. These methods include:

• Cold calling
• Spam emails
• Social media ads
• Fake news articles

Technical Details

Minimum Deposit:

The minimum deposit to open an account with Ridge Corporation is $250.

Trading Platform:

Ridge Corporation uses the MetaTrader 4 trading platform. This is a popular and well-respected platform that is used by traders around the world.

Spread:

The spreads offered by Ridge Corporation are competitive. The average spread for EUR/USD is 1.0 pip.

Leverages:

Ridge Corporation offers leverage up to 1:500. This means that you can control a position worth $5000 with a deposit of just $100. However, it is important to note that leverage can magnify your losses as well as your profits.

Packages and Products They Offer

Ridge Corporation offers a variety of trading products, including forex, CFDs, and cryptocurrencies. The company also offers a variety of trading accounts, which are designed to meet the needs of different traders.

Withdrawal and Deposit Method

Ridge Corporation offers a variety of withdrawal and deposit methods, including credit cards, debit cards, and bank transfers. However, there are a number of fees associated with these methods.

What Do Their Previous Traders Say?

There have been a number of complaints from previous traders of Ridge Corporation. These complaints include:

• Difficulty withdrawing funds
• Slow customer support
• False promises of high profits

Summing Up- Why Should Not You Trust Ridge Corporation

The red flags mentioned above suggest that Ridge Corporation is a scam broker. You should not trust this company with your money. If you are looking for a legitimate forex broker, you should do your research and choose a company that is regulated by a reputable financial authority.

If Bad Things Happen, Where Can You Get The Quick Solution?

If you have lost money to a scam broker like Ridge Corporation, you are not alone. There are a number of organizations that can help you get your money back. These organizations include:

• The Financial Conduct Authority (FCA) in the UK
• The Securities and Exchange Commission (SEC) in the US
• Australian Securities and Investments Commission (ASIC)

You can also contact us to get a free consultation and service recommendations to get help recovering the funds.