Forex Rubik Trade Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

Rubik Trade Trading Conditions

Registered Region United Kingdom

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@rubiktrade.com

Contact Number N/A

Website www.rubiktrade.com

Balanced Review

Pros & Cons

Pros

Diverse trading instruments: forex, commodities, indices, stocks, and cryptocurrencies
Advanced trading platforms: MT4/MT5, web version, and mobile app
24/7 customer support available in multiple languages
User-friendly interface with demo account for practice
Fast execution and competitive trading conditions

Cons

Not regulated by any recognized financial authority
Lack of transparency regarding trading conditions and fees
Absence of educational resources for traders
Potential issues with withdrawal processes and delays
Limited information on customer support effectiveness

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Rubik Trade	FXTM	EC Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Rubik Trade Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Real Account	Traders looking to earn real money	Access to various market instruments and trading opportunities	Requires initial funding to start trading
Demo Account	Novice traders and those testing strategies	Practice trading without financial risk using virtual funds	Ideal for gaining confidence and familiarizing with the platform

Account Opening Process

Opening an account with Rubik Trade involves several steps. First, you need to download the Rubik Trade app from your app store. Once installed, you will proceed to register by providing personal details like your name, email, and password. After registration, you will need to verify your identity, which typically requires submitting a form of identification along with proof of address. It’s important to note that after opening your account, you may have the option to upgrade to a professional account later, depending on your trading activity.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	Not specified	Not specified	Details may vary, consult directly for accurate information
CFDs (Stocks)	Not specified	Not specified	Consult customer support for detailed fee structure
Cryptos (BTC/USD)	Not specified	Not specified	Fees may vary based on market conditions

Other Fees

Rubik Trade may have several other fees associated with trading. This could include deposit and withdrawal fees that may vary by payment method, inactivity fees for accounts that remain dormant for an extended period, and overnight interest (swap rates) applicable to certain positions. Additionally, currency conversion fees may apply if you are trading in currencies different from your account base currency.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Rubik Trade User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

James Smith

London

★ ★ ★ ★ ★

I have had a terrible experience with Rubik Trade. My withdrawal request has been pending for over two weeks, and customer support is completely unresponsive. I feel like I’ve lost my money, and I can’t get any help. I would not recommend this broker to anyone.

Sarah Johnson

Manchester

★ ★ ★ ★ ★

Rubik Trade has been a great platform for me! I love the user-friendly interface and the variety of trading instruments available. The execution speed is impressive, and I’ve had a positive experience with their app overall. Highly recommended for beginners!

Michael Brown

Birmingham

★ ★ ★ ★ ★

While I appreciate the trading platform’s features, my experience has been marred by withdrawal issues. I submitted a withdrawal request last week, and it still hasn’t been processed. The lack of support is also frustrating. I hope they improve their service.

Emily Davis

Liverpool

★ ★ ★ ★ ★

I’ve been using Rubik Trade for a few months now, and overall, I’m satisfied. The platform is easy to navigate, and I’ve enjoyed trading a variety of assets. I did encounter some delays with customer support once, but they eventually resolved my issue. Good experience so far!

United Kingdom Market