Score

2.22 /10
Danger

Raw Forex

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index7.23

Risk Management Index0.00

Software Index8.51

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Raw Forex

Company Abbreviation

Raw Forex

Platform registered country and region

Poland

Company website

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Warning: Low score, please stay away!
Previous Detection : 2025-01-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Raw Forex · Company summary
Raw ForexReview Summary
Founded2015-11-11
Registered Country/RegionPoland
RegulationUnregulated
Market InstrumentsCurrency pairs/Crude oil/Forex/Metals/CFDs/Indices/Crypto
Demo Account
LeverageUp to 1:500
SpreadAs low as 0 pip
Trading PlatformMT4(Mobile/Web/Windows/MacOS)
Min Deposit$0
Customer SupportEmail: Info@rawforex.com
Phone: +96171805080
Phone: +905387296031

Raw Forex Information

Raw Forex is a brokerthat provides institutional, high net worth, and retail customers with multi-asset and multi-market derivative dealing capability through Foreign Exchange and CFD products. The trading instruments include currency pairs, crude oil, forex, metals, indices, and crypto. The broker also provides four accounts with a maximum leverage of 1:500. The minimum spread is from 0 pip and the minimum deposit is $0. Raw Forex is still risky due to its unregulated status.

Raw Forex Information

Pros and Cons

Pros Cons
Leverage up to 1:500Unregulated
24/7 customer supportUnspecific transfer time and fee information
MT4 availableUnclear swap fee
Spread as low as 0 pip
Demo account available
Various tradable instruments

Is Raw Forex Legit?

Raw Forex is not regulated, making it less safe than regulated brokers.

Is Raw Forex Legit?
Is Raw Forex Legit?

What Can I Trade on Raw Forex?

Raw Forex offers a wide range of market instruments, including 62 currency pairs, crude oil, forex, metals, CFDs, indices, and crypto.

Tradable Instruments Supported
Forex
Metals
CFDS
Indices
Crypto
Currency pairs
Crude Oil
Shares
Commodities
Stocks
ETFs
Bonds
Mutual Funds
What Can I Trade on Raw Forex?

Account Type

Raw Forex has four real account types: micro, classic, raw, and VIP. Traders who want a low spread can choose a raw account, while those with a sufficient budget can open a VIP account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Muslim users are allowed to open Islamic accounts.

Account Type MicroClassicRawVIP
Min Deposit$100$1000$5000$10000
Leverage1:1001:1001:1001:100
CommissionNoNoYesNo
Spread2 Pips1.8 Pips0.4 Pips1.2 Pips
Islamic AccountYesYesYesYes
Min Trade Volume0.010.010.010.01

Raw Forex Fees

The spread is as low as 0 pip. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

Raw Forex cooperates with the authoritative MT4 trading platform, which is available on Mobile, Web, Windows, and MacOS. Junior traders prefer MT4 over MT5, as both provide various trading strategies and implement EA systems.

Trading PlatformSupported Available DeviceSuitable for
MT4Mobile/Web/Windows/MacOSJunior traders
Trading Platform

Deposit and Withdrawal

The minimum deposit is $0. Raw Forex accepts Neteller, MasterCard, Maestro, Wire transfer, Visa, and Skrill for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

,

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Johannes 75203
more than one year
Micro account requiring $100, unfriendly...Despite this, the platform's ease of use keeps me coming back.
Micro account requiring $100, unfriendly...Despite this, the platform's ease of use keeps me coming back.
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2024-07-19 18:30
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Adrien Dubois
more than one year
Dude, I totally get your hesitation about upgrading from a Micro account to Classic. It's a big jump. Those Micro account spreads are quite wide. But then again, the Classic account wants a cool $1000 minimum deposit, which ain't exactly pocket change. 🙃🙃🙃
Dude, I totally get your hesitation about upgrading from a Micro account to Classic. It's a big jump. Those Micro account spreads are quite wide. But then again, the Classic account wants a cool $1000 minimum deposit, which ain't exactly pocket change. 🙃🙃🙃
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2024-06-28 17:48
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