Information about Binary Options from Ringotrade
Authors of Telegram channels suggest getting acquainted with the broker Ringotrade. If you are interested in obtaining additional information, you should pay attention to the provided material. Also, don’t forget to read the reviews that can be found at the bottom of the page.
Getting to Know Ringotrade
Ringotrade specializes in providing binary options. The company allows users to register, test the trading platform on a demo account, or start trading by depositing a minimum of $30. With correct market analysis, clients can make a profit.
Main Characteristics of Ringotrade
Foundation Date. The company Grand Option, which owns the website ringo-trade.com/ru, started its operations in 2019. The company’s goal of creating new products and improving existing ones is clearly reflected on the website.
Regulation. Grand Option is not licensed. It is important to note that issues related to the regulation of binary brokers can be complex. It is important to consider the reputation of brokers like Ringotrade online, as they are a) prohibited in Europe and b) do not fall under Russian laws.
Location. The company lists a legal address in Saint Vincent and the Grenadines: Kingstown Corner of and Long Lane, Sharpe Street Kingstown, St. George. The actual office location is unknown.
Contact Information. Support can be contacted in two ways. Unregistered users can email [email protected]. Registered clients can use the feedback form in their personal account. Support is available daily from 9:00 to 21:00 Moscow time.
Trading Opportunities with Ringotrade
The broker offers 3 types of accounts: Demo, Real, and VIP. The Demo account provides educational video tutorials, $1,000 in virtual funds, 5 assets for practice, and limited trading terminal functionality.
The Real account requires a minimum deposit of $25 (with a 20% bonus), while the VIP account requires a deposit of $100 (with a 50% bonus). Ringotrade guarantees signal provision for balances over $100.
Clients with deposits can trade 12 assets, have full access to the trading terminal functionality, and can receive up to a 20% refund on incorrect predictions. Additionally, weekly webinars on various topics are conducted.
The broker offers trading in a specialized terminal featuring 50 cryptocurrency, currency, stock, and commodity symbols. Trades can start from $1. Turbo (1-15 minutes) and standard options (from 10 minutes to 3 hours) are available. The terminal shows potential profit in percentages and income in dollars for specified parameters.
Financial Operations with Ringotrade
Deposits can be made using the payment systems Payeer and Bitcoin. The minimum deposit amount is $30, with no specified commissions.
Withdrawals can be made to QiWi, Visa, MasterCard, Yandex.Money, and Payeer. Processing withdrawal requests on a Real account takes up to 3 days, and on a VIP account, up to 1 day. Limits and commissions are not disclosed.
Reviews about Ringotrade
BrokerTribunal collects reviews about Ringotrade. If you have traded with this broker, share your financial results. Your review will help other users decide whether to register on the website ringo-trade.com.
Susanne
My experience with Ringotrade has been nothing short of disappointing. The broker seems more interested in its own profits rather than assisting its clients. My calls and emails were always answered late, leaving me in the dark during crucial trading times. The fees were also extremely high and hidden in the fine print, making the entire experience deceptive and stressful. Worst of all, the trading platform they use is slow and regularly crashes. It’s definitely time to look for a more reliable and trustworthy broker.
Pål
Ringotrade is a broker that provides a range of investment options and user-friendly interfaces, but some people might find their customer service less responsive than desired.