About Ridder Trader
About Ridder Trader
Ridder Trader Group is an international multi-asset brokerage firm registered in Mauritius, with a corporate address at Suite 201, 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius. The company was founded on 9 July 2020, according to official records. It presents itself as a provider of trading services in Forex and Precious Metals, emphasising high interbank liquidity, rapid order execution, and ultra-tight spreads.
Despite its claims of being a registered entity, Ridder Trader operates without any recognised regulatory licence from a major financial authority. The firm’s official website is rtgnsystem.com, which serves as the primary platform for client onboarding and account management. At this stage, independent public information about the broker is limited, and traders should approach with heightened caution.
Regulation and Supervision
A critical point for any trader considering Ridder Trader is the complete absence of regulatory oversight from any known financial regulator. Our records indicate that the broker holds no licence from any tier-1 or tier-2 authority, such as the FCA, CySEC, ASIC, or the FSC (Mauritius). The firm’s registration in Mauritius does not automatically imply regulatory authorisation to offer forex brokerage services to retail clients.
The lack of regulation means there is no external safeguard for client funds, no mandatory segregation, and no recourse to an ombudsman or compensation scheme in the event of a dispute. This is a significant risk factor that FXCanary routinely highlights as a red flag for retail traders. Without regulatory oversight, the broker’s claims about security and segregated accounts remain unverified.
Account Types
Ridder Trader offers seven distinct account tiers, each with varying maximum leverage levels. The account types are named ZERO FIXED, ABSOLUTE ZERO, ZERO SPREAD, NO COMMISSION, VIP, PREMIUM, and MICRO. Notably, the minimum deposit requirements for all account types are not specified in the available data, which may indicate a lack of transparency or flexibility in onboarding.
Leverage ranges from 1:200 for the ABSOLUTE ZERO, ZERO SPREAD, and NO COMMISSION accounts, up to 1:500 for the ZERO FIXED account, and a very high 1:1000 for the VIP, PREMIUM, and MICRO accounts. Such high leverage is extremely risky and is often restricted or banned by regulators in many jurisdictions. Traders should be aware that while high leverage can amplify gains, it equally magnifies losses, and the absence of regulatory limits on these offerings is concerning.
Trading Platforms and Instruments
The broker claims to offer the MetaTrader 5 (MT5) platform, a popular choice among retail traders for its advanced charting tools, automated trading capabilities, and multi-asset support. According to its company description, Ridder Trader provides trading in Forex and Precious Metals, though the full range of instruments—whether CFDs, spot metals, or other assets—is not explicitly detailed.
It is common for unregulated brokers to limit instrument offerings or to provide vague descriptions. In the absence of a verified list of tradeable symbols, traders should confirm available assets directly with the broker. The reliance on MT5 is a positive technical point, but the platform alone does not mitigate the overarching regulatory and transparency risks.
Conclusion and Risk Considerations
In summary, Ridder Trader is a Mauritius-registered, unregulated forex and CFD broker that has been operating since mid-2020. While it markets itself with features such as high leverage and fast execution, the complete absence of regulatory oversight is a severe risk. The broker’s FXCanary Scam Risk Score of 75/100 (Severe) reflects this critical deficiency.
Traders should be aware that depositing funds with an unregulated entity carries the possibility of total loss, especially given the high leverage on offer. Without third-party verification of the broker’s claims regarding fund segregation and execution quality, due diligence is imperative. FXCanary recommends that all traders, particularly beginners, avoid unregulated brokers and instead seek those licensed by reputable regulatory bodies.
Overview compiled by FXCanary from regulatory records and public data. full Ridder Trader review