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Ridder Trader

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Operating status: SCAM

Website: https://riddertrader.com/

Broker violations and abnormal records
  • 2023-09-19 BrokersView has Reviewed that Ridder Trader is an Unregulated Broker

    According to its website, Ridder Trader claims that it is regulated by The Financial Services Commission, Mauritius (FSC), with the regulatory number GB23201566. After verification, the FSC did not provide any information for verification, so it cannot prove that this certificate belongs to Ridder Trader.

    The truth is that Ridder Trader is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Ridder Trader is a scam.

    According to its website, Ridder Trader claims that it is regulated by The Financial Services Commission, Mauritius (FSC), with the regulatory number GB23201566. After verification, the FSC did not provide any information for verification, so it cannot prove that this certificate belongs to Ridder Trader.The truth is that Ridder Trader is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, Ridder Trader is a scam.

Related Complaints

Q&A

Why can't I withdraw on Ridder Trader?

mariaxzc989
Macedonia
2023-10-23
ANSWER Ridder Trader, a forex broker that claims registration with the Mauritius Financial Services Commission (Mauritius FSC), poses certain risks. When compared to platforms regulated by top-tier authorities with stringent oversight, Ridder Trader may be considered less reliable. If you are experiencing withdrawal issues with this broker, it could be linked to this regulatory factor.While we did locate a licensee named RIDDER TRADER LTD within the Mauritius FSC register, the financial watchdog doesn't provide specific details, such as the company's address, phone number, and website address, which would allow investors to verify its authenticity and ownership. This lack of information raises doubts about whether Ridder Tradder at https://riddertrader.com/ is the real holder of this license.We strongly advise investors to exercise the utmost caution when dealing with Ridder Trader. The risks associated with this broker are substantial, and its regulatory claims remain unverified. Protect your investments and financial security by opting for brokers with established and transparent regulatory credentials.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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