FxGecko reminds investment enthusiasts that choosing a platform that is regulated by reliable regulatory agencies is crucial. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.
Before choosing a foreign exchange platform for investment, it is essential to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex complaint)
FxGecko APP received a complaint exposing fraudulent trading data on the black platform Ridder Trader.
The complainant revealed that Ridder Trader is a self operated platform, and the MT5 backend did not see any trading orders throughout the year. It can only be seen in historical records, which proves that the customer's trading orders were not thrown into the market and belong to the self operated commodity pool (i.e., the position of customers who make their own market). Therefore, it can be proven that all transaction data of Ridder Trader is manually filled in and modified by oneself.
Introduction to Ridder Trader:
Ridder Trader is an international brokerage firm registered with multiple assets. Ridder Trader provides customers with foreign exchange and precious metal trading, offering high interbank liquidity conditions, strong order execution in real-time, ultra tight price differentials, and many other advantages of MT5. With the safety of segregated funds under top banks, Ridder Trader is committed to ensuring more Ridder Trader opportunities for traders from all over the world to trade at any time and anywhere!
Rider Trader displays 2 license plates on the FxGecko app. Publicly claiming that the regulatory status of the Saint Vincent FSA general financial license and the Australian ASIC AR license held is over limit operation. The safety of investor funds is not guaranteed!
FxGecko risk warning: 8 monitoring warnings for Ridder Trader foreign exchange platform. Pay attention to early warning!
Ridder Trader, FxGecko APP has a score of 1.13 and a low credit rating. Investors are advised to stay away!
