What is RubyFinance?
RubyFinance is a forex and CFD broker based in Dominica, listed with a foundation year of 2021. It offers leverage up to 1:100, spreads from 0.1 pips and a minimum deposit of $250. Clients trade on Ruby Trader.
Ruby Finance is an online trading broker based on its own trading platform named Ruby Trader. Ruby trader is available for desktop pc and Mobile devices. Despite having dedicated software for computers and phones, it is also available as a webtrader. This broker trades on Forex, Stocks, Indices, and Commodities.
Ruby finance has five different types of accounts available for trading. These accounts are titled Bronze, Emerald, Sapphire, Rubin, and Diamond. All of these accounts require different levels of minimum deposit and all of these accounts come with different features.
The Bronze account requires a minimum deposit of €250. This account has the base currencies in USD and EUR. The stop-out level in this account is 25%. Clients can get basic education from this account and the trading signal is free in this account. The Emerald account requires a minimum deposit of €2500 and it has the base currencies in AUD, USD, GBP, and EUR. The stop-out level in this account is 45% and just like the Basic accounts, clients will get basic education and free trading signal in this account.
The Sapphire account starts with €10,000 of minimum deposit. The base currencies in this account are AUD, USD, GBP, EUR, JPY. The stoop-out level in this account in this account is 65% and this account has more than 150 trading instruments. Clients will get advanced education and it comes with risk management. The Rubin account starts with €20,000 and it is available in all base currencies. The stop-out level in this account is 85% and it has all trading instruments available. This account gets a premium trading signal. There is another account that gets premium trading signals that starts with €50,000 of minimum deposit and the stop-out level in this account is 95%. This account gets ultimate trading signals.
Is RubyFinance safe and regulated?
RubyFinance is regulated by RubyFinance has no regulatory. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
RubyFinance account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | No |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
RubyFinance provides Ruby Trader, so you can trade from any browser without installing software.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.1 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:100 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
RubyFinance supports 2 funding methods, including Bank Transfers, Credit card/ Debit card. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
RubyFinance bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current RubyFinance promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the RubyFinance website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
RubyFinance pros and cons
Pros
- Raw spreads from 0.1 pips
- Scalping and hedging allowed
- News trading allowed
- VIP and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- $250 minimum deposit is higher than some rivals
- Ruby Trader only in our listing, no MT4/MT5 confirmed
- No Islamic account listed
How to open a RubyFinance account
- RegisterVisit the RubyFinance website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Bank Transfers, Credit card/ Debit card.
- Start tradingLog in to Ruby Trader and set your risk per trade.
Is RubyFinance a good broker? Our verdict
RubyFinance suits active traders who want raw spreads, freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.