Ril Trade is a trading app that claims that you can earn a lot of money by trading. Currently, the RIL Trade App is only available for Android.
In this post, we will review the Ril Trade App and let you know whether it is legitimate.
What is the Ril Trade App?
Ril Trade App lets you trade from their mobile application in Cryptocurrencies, Futures, Stocks, Commodities and Indices.
App has two types of accounts Real and Demo. To use a real account, you need to log in or sign in and then deposit the real money instead demo account lets you trade anyway.
The minimum deposit amount is Rs 360 and the maximum is Rs 15500 through common payment methods to start trading from a real account.
They have 1 to 10 VIP levels each with different rights and benefits. Additionally, the coupon system accelerates your trading.
There is no information available about the founder however the developer is Lucky Trade. The last update of the app was on April 12, 2023.
Read: The Real World Review
App Profile
| App | Ril Trade App |
| Known as | Ril Trade |
| Services Offered | Online Trading |
| Release date | January 2023 |
| Address | Not known |
| Contact and | [email protected] |
Read: Rupeesnow.com Review
Ril Trade App Review
After thoroughly researching we found some thinkable facts. Many users are disappointed with the services of the app. Here are the points below
- Unsatisfactory user experience
- Plenty of negative reviews on the internet regarding no response
- The surprisingly high deposit amount that is not common
- There was no response from the contact support
- No guarantee of withdrawal after the request
- The app delays the withdrawal
- Complaints regarding unprocessed withdrawals
- Not regulated trading app
The website seems very suspicious because it requires no OTP for registration. Moreover, the app processes things automatically which raises concerns.
There are several negative reviews on the internet complaining about unprocessed withdrawals. There is no guarantee that the withdrawal will be approved after completing the trading.
Websites that do not require user registration are often not legitimate. We don’t recommend using such types of apps for trading.
Read: Haiderbit.com Review
FAQs
There is no information available about the founder of the Ril Trade App.
There is no information available about the location.
Ril Trade is a fake app with no regulations.
We do not recommend using it however you can trade at your own risk.
Read: Travimo.co Review