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Raze Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-05-13 14:42

Abstract:Raze Markets, registered in Saint Lucia, presents itself as an online forex and CFD broker, offering trading on a wide range of assets like currencies, metals, energy, and cryptocurrencies. They advertise features like high leverage, swap-free trading, and a popular trading platform (MetaTrader 5). They also boast a variety of account types with different minimum deposits to cater to various trader needs.

Raze Markets Review Summary
Registered Country/RegionSaint Lucia
RegulationNo Regulation
Market InstrumentsForex, Metals, Energy, Indices, and Cryptos
Demo AccountAvailable
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformMetaTrader 5, Raze Trader, and cTrader (Coming Soon)
Minimum Deposit$50
Regional RestrictionsNot available to residents of certain jurisdictions such as the United States, Singapore, China, North Korea and to jurisdictions on the FATF, OFAC and EU/UN sanctions lists
Customer SupportPhone: +44 (0) 7123 456 789
Email: support@razemarkets.com, partnership@razemarkets.com, press@razemarkets.com, institutional@razemarkets.com
Contact Form
Instagram, Linkedin

What is Raze Markets?

  Raze Markets is a Saint Lucia-registered forex and commodities broker offering trading in Forex, Metals, Energy, Indices, and Cryptos. It provides a demo account and leverage of up to 1:1000, with spreads starting from 0.0 pips. The broker supports MetaTrader 5, Raze Trader, and cTrader (coming soon). A minimum deposit of $50 is required, with no commissions on most account types. However, it is not available to residents of certain jurisdictions, including the US, Singapore, and countries under international sanctions.

What is Raze Markets?

Pros & Cons

ProsCons
  • Convenient Trading
  • Exceeded license
  • Diverse Instruments
  • Restricted Access
  • Demo Account Available
  • Multiple Customer Support Channels

Is Raze Markets Legit or a Scam?

  Raze Markets has a FSCA exceeded license.

Is Raze Markets Legit or a Scam?

Market Instruments

  Raze Markets provides access to a diverse array of market instruments and access over 1,000 CFDs, aiming to meet the trading needs of both retail and institutional investors and enable them to build diversified portfolios and pursue their investment objectives.

Market Instruments

  Forex: This is the largest and most liquid market globally, allowing you to trade currencies in pairs like EUR/USD (Euro vs US Dollar).

  Metals: Precious metals like Gold, Silver, and Platinum are popular choices for trading, offering the potential for both investment and risk-hedging.

  Energy: Trade energy products like Crude Oil and Natural Gas, which can be influenced by global events and economic factors.

  Indices: Gain exposure to major stock exchanges worldwide through indices like the S&P 500 or FTSE 100, representing a basket of underlying stocks.

  Cryptocurrencies: This relatively new asset class offers high volatility and potential for significant gains, but also carries substantial risk. Raze Markets allows trading in popular cryptocurrencies like Bitcoin and Ethereum.

Account Types

Account TypeSuitable forMinimum DepositSpreadsCommissions
STP StandardPerfect for newer traders, featuring direct market access with no commissions.$50From 1.2 PipsZero commission
STP ProDesigned for experienced traders with fast execution speeds, unbeatable spreads, and zero commissions.$500From 0.8 PipsZero commission
ECN RawCustom-built for professional traders, veterans, and money managers trading large volumes.$1,000From 0.0 Pips$3.5 per side
Account Types

Leverage

  Raze Markets offers leverage of up to 1:1000.

Spreads & Commissions

  The spread refers to the difference between the buying (ask) price and the selling (bid) price of a financial instrument. It is a key measure of trading costs. A lower spread generally indicates lower costs for traders. For example, with ECN Raw accounts, spreads can start from 0.0 Pips, which means there is minimal difference between the buy and sell price, benefiting high-frequency traders and those seeking tight spreads.

  Commissions are fees charged by the broker for executing a trade. For STP Standard and STP Pro accounts, there are no commissions, meaning the cost of trading is reflected solely in the spread. However, for ECN Raw accounts, a commission of $3.5 per side is charged, which is common for accounts with ultra-low spreads like 0.0 Pips.

Trading Platform

  Raze Markets offers a range of trading platforms.

  The MetaTrader 5 (MT5) is the worlds most popular platform, featuring advanced tools, comprehensive charting options, and automated trading capabilities, combined with Raze Markets' innovative approach.

   Raze Trader is a custom-built, all-in-one platform designed to provide new and experienced traders with a seamless, intuitive trading experience.

  Lastly, cTrader (coming soon) offers a finely-tuned balance of simplicity and deep functionality, with easy-to-use features, advanced charting, and automated trading tools, making it ideal for traders seeking both user-friendliness and powerful capabilities.g trading experience. MT5 provides enhanced speed, efficiency, and a comprehensive set of features compared to its predecessor, MT4. Traders can access a wide range of financial markets, armed with powerful analytical tools, on desktop, web, or mobile devices.

  Heres a more concise version in table format:

PlatformFeatures
MetaTrader 5 (MT5)Popular platform with advanced tools, charting, and automation.
Raze TraderCustom-built, all-in-one platform for both new and experienced traders.
cTrader (Coming Soon)Simple yet powerful platform with advanced charting and automation tools.
Trading Platform

Deposits & Withdrawals

  Raze Markets offers instant deposits starting from just $50, with a wide range of deposit methods. Withdrawals are fast, processed quickly in your preferred currency, and there are no commission fees—you keep all the money you earn with no hidden charges.

Deposits & Withdrawals

Related broker

Unverified
Raze Markets
Company name:Raze Global Markets Ltd
Score
1.90
Website:https://www.razemarkets.com
2-5 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
1.90

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