General Information
Registered in Ukraine, Raynar Group presents itself as an online trading platform providing access to a massive financial market. With the Raynar Group platform, three trading accounts are available, with the lowest required opening deposit from $500, and traders can employ a maximum leverage of 1:1000 on their positions.
Raynar Group is operated by Raynar Group LLC, and it is not authorized or regulated by any regulatory authority and thats why it receives a low score of 1.09/10. Please be aware of the risk.
Market Instruments
With Raynar Group, clients have limited choices in their financial trading, only three classes of trading assets including Currency Pairs, Commodities, Indices and Shares available.
Account Types
Novice, Traders and Investors accounts are the available options for traders, making them accessible to both novice and experienced traders. The account type is determined by the minimum deposit, $500 to open a novice account, $5,000 to open a trader account, and $20,000 to open an Investor account.
Spreads & Commissions
Trading accounts set the commissions and spreads. Novice and Trader accounts charges both spreads and commissions and Investor accounts offer a zero-commission trading environment, only $20,000 calculated.
Leverage
Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while Raynar Group enables its clients to use leverage of up to 1:1000. This is crazily higher than the proper amount considered appropriate by most regulators.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size.
Trading Platform
What Raynar Group provides is not the industry leading MT4 OR MT5 trading platform, a proprietary trading platform instead.
Payment Methods
The minimum deposit is $500, but Raynar Group says nothing about its payment options supported, which is a worrying sign. Withdrawals remains a super important trading process, and be aware of the risk once a broker does not make its withdrawal policy transparent.
Customer Support
Unfortunately, Raynar Group does not provide live chat to render client assistance, but telephone, email is equally reachable. Here is the detailed contact information:
Telephone: support@raynargroup.com
Email: +380634285645
Company Address: Velika Vasylkivska str., Bldg 100, floor 10, Kyiv,03150, Ukraine
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Frequently Asked Questions
Is Raynar Group regulated？
No, Raynar Group is not regulated.
What is the maximum leverage provided by Raynar Group？
The maximum trading leverage provided by Raynar Group is up to 1:5000.
What trading instruments does Raynar Groupprovide？
Raynar Group offers access to four classes of trading assets, Currency Pairs, Commodities, Indices and Shares.
2023-05-31 22:00
2023-01-16 12:23
