In the world of trading and crypto, you must have heard about Rubik Trade, right? If so, then you have doubts about its legitimacy and authenticity. This will be covered throughout this blog post today. Now, let’s begin.
Rubik Trade Details
Rubik Trade is a registered trading platform on the United Kingdom continent. It offers different types of trading opportunities such as financial markets, including forex, stocks, indices, and commodities. It also offers different types of accounts from live accounts for real money trading and demo accounts for practice purposes.
In addition to using sophisticated charting tools and selecting from a range of order types, traders have access to real-time market data. Traders may confidently traverse the financial markets and make well-informed trading choices using Rubik’s Trade.
Pros of Rubik Trade App
- User-Friendly Interface: This app is designed to make it accessible for beginners. Navigating the app is straightforward, allowing users to focus on trading.
- Technical Analysis Tools: For experienced traders, the app provides various tools for publishing and analyzing trading ideas. Dive into charts, patterns, and indicators.
- Advanced Charting: It helps us to choose from various chart types, including candlestick and Heiken-Ashi charts. Visualize price movements effectively.
- Real-Time Quotes: Stay informed with real-time market data. Monitor asset prices and react promptly to changes.
- News and Analysis: Access breaking news and updates related to financial markets. Informed decisions are crucial, and Rubik’s Trade delivers relevant information.
- Demo Account: Practice risk-free with a demo account. Test strategies and build confidence before live trading.
- Low Minimum Investments: Start with as little as ₹100. Ideal for those with limited capital.
Cons of Rubik Trade App
- Limited Asset Variety: Some users may find the available asset selection limited compared to other platforms.
- Customer Support: Reports suggest that customer support response times can be slow at times.
- Lack of Educational Resources: While the app is user-friendly, it could benefit from additional educational content for beginners.
How Much We Can Earn Money From Rubik Trade?
The potential earnings from Rubik’s Trade can vary significantly based on individual trading strategies, market conditions and risks. Here are some step-by-step explanation that depends on earning potential
- Skill and Experience: The more you become experienced about technical analysis and risk management, you will have a better chance of earning profits like other trading apps. However, beginners can start with demo accounts initially
- Market Volatility: The more volatile the market, the greater the profit potential. High volatility can lead to substantial gains or losses
- Investment Amount: Your Initial investment matters, this allows a minimum investment of 100 INR.
- Trading Frequency: Active traders who make frequent trades may have more opportunities to profit. However, each trade carries risks.
- Risk Management: Set stop-loss orders and manage risk. This avoids risking more than you can afford to lose.
- Demo Account: It helps beginners to use a 10k INR worth demo account to practice. This helps in preventing risking real money in trade.
Rubik Trade App Real or Fake?
Rubik Trade is a fake app, but seems real due to fake and sponsored advertisements online. It mainly offers you a free 10k INR Demo account to practice trading with the app. This is the main scam with the Rubik’s trade app.
It mainly showcases the profits while using Rubik’s trade demo account. This is how it wining your trust with the app to invest your first 100 INR or more to the real account. We need to remember that:
- All the forex trade or euro country trade is not legal in India, The Government is always against forex trade markets and graphs.
- Negative Reviews on Google Playstore about the app.
- Not receiving payment to the bank account.
- Multiple accounts on Rubik’s Trade were suspended while claiming for withdrawal.
- Your Bank Account can be blocked for days due to using third-party forex trading apps like Rubik Trade.
Rubik Trade App Review
Rubik Trade
Summary
I would recommend you stay away from the Rubik Trade app. This app seems online to be real, but fake. There are other platforms where you can trade and earn money, take a look at my other blogs.
The application was used to make successful payments previously in the year 2020. But currently, stop providing payments to users and suspending accounts while claiming payments. However, if you made a received payment from the application or gained profits, then share your thoughts in the comments and follow us to get such blogs daily.