Ridder Trader Review

About Ridder Trader

Ridder Trader (via riddertrader.com) claims to offer trading in assets such as forex, commodities, indices, futures, precious metals, and shares, with platforms including MetaTrader 5 and TradeEvo, and leverages reportedly up to 1:1000 (). The broker asserts regulation by ASIC (Australia) and the FSC (Mauritius), referring to a license number GB 23201566; however, no valid ASIC registration exists, and the FSC license cannot be verified. The SVG FSA does not license forex brokers, contradicting the broker’s claimed regulation (). There is no verifiable information on account types, minimum deposit, spreads or commissions, swap‑free or Islamic options, hedging or EA policies, negative balance protection, or investor compensation schemes. Deposit and withdrawal procedures are unclear, with multiple user reports of failure to withdraw funds and disappearing client access ().

Pros and cons

Pros

• Claims broad range of asset classes (forex, metals, indices, commodities, futures, shares)
• Offers high leverage, up to 1:1000

Cons

• No confirmed regulation; ASIC claim is false, FSC license unverified, SVG does not license forex brokers ()
• Platform details vague; TradeEvo appears opaque, MT5 usage unclear or suspicious ()
• Reports of withdrawal difficulties, blocked accounts, unresponsive support ()
• Lack of transparency on fees, spreads, deposit requirements, bonus policies ()
• Multiple independent reviews flag Ridder Trader as a scam or high‑risk operation ()