THE RIDGE

THE RIDGE is a retail forex and CFD broker operating under the domain ridgecorp.com.ua. The company is registered in Mauritius at Suite 201 Level 2, The Catalyst Building, Cybercity Ebene. According to public records, the firm was established on August 16, 2021, making it a relatively new entrant in the online trading space.

The broker presents itself as a multi-asset trading provider, offering access to forex and index CFDs. However, independent public information about its operations is limited, and the web presence associated with the brand appears sparse. This lack of verifiable online footprint raises caution for potential traders.

Our review found that THE RIDGE holds no active regulatory licences from any recognised financial authority. The company's registration in Mauritius does not imply oversight by the Financial Services Commission (FSC) or any equivalent body, as the broker is not listed on the FSC register.

The absence of a credible regulator means that traders have no access to compensation schemes, dispute resolution mechanisms, or third-party oversight. Combined with a FXCanary Scam Risk Score of 75 out of 100 (classified as severe), this lack of regulation signals a high-risk entity where client protection is minimal.

According to the broker's claimed account structure, which we have not been able to independently verify through its official website, THE RIDGE offers several account tiers. These include a Demo account, an ECN account, a Professional account requiring a $25,000 minimum deposit, a Premium account requiring $1,000, and a Standard account requiring $100. All live accounts are said to offer a maximum leverage of 1:100.

It is important to note that industry databases also mention alternative account names such as NANO, KILO, MEGA, GIGA, and TERA, with leverage up to 1:1000. This discrepancy suggests that the broker's offering may vary across different marketing channels, and we recommend traders treat such claims with caution due to the lack of transparency.

THE RIDGE states that it provides over 70 forex pairs and more than 25 index CFDs. This is a reasonably broad product range for a retail broker. However, no information is available on other asset classes such as commodities, cryptocurrencies, or shares, which are common in the industry.

Given the broker's unregulated status, the exact availability and pricing of these instruments cannot be verified. Traders should be wary of potential slippage, wide spreads, and execution issues that often accompany unregulated brokers.

Based in Mauritius, a jurisdiction often used for offshore brokers, THE RIDGE targets international clients, particularly those in Eastern Europe. The domain extension .ua suggests a focus on Ukrainian traders. The company maintains social media pages on Facebook, Instagram, and LinkedIn, though these appear to have limited engagement.

The brief four-year history and the lack of independent reviews or substantive online presence make it difficult to assess the broker's reliability. The known facts indicate that the firm is not registered with any financial regulator, which is a significant red flag for any trading platform.