Has anyone ever used the RING broker?

@ Hida Heru:

Based on the information we have obtained, the Ring Financial Limited broker is not regulated by any regulatory body, so it has a high potential to be a scam.

For the security of your trading and funds, if you are serious, we recommend choosing a broker that is already regulated by a credible international regulatory body, namely: CFTC, NFA, FCA, FSA, FINMA, MiFID, ASIC and FMA.

Credible regulatory bodies are those that have been tested and internationally recognized, and provide strict sanctions to brokers if they are found to violate agreed-upon terms. These regulatory bodies are also responsible for the security of client funds.

If you are interested in trading with a broker with unclear regulations because you are attracted to its facilities, bonuses, etc., it is okay as long as it is not with a large amount of funds.